Project Management Blog

The Value of Project Portfolio Management in M&A

Corporate mergers and acquisitions have the potential to be high-visibility, high-dollar endeavors. Executive teams and their project management consulting partners often work closely in these transactions to understand what’s happening behind the scenes in their target company and where risk and opportunities may exist. Whether one organization wants to completely absorb another or two businesses…

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Your Project Plan is Broken: Should You Fix It or Start Over?

Sometimes project plans run into so much trouble they can only be described as broken. Missed milestone deadlines are usually one of the first signs your plan is falling apart, but as part of our project management consulting work with customers we’re often able to identify a host of earlier issues that should have triggered…

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Project Portfolio Management: Not Just for IT Anymore

In many organizations, a portfolio management strategy was traditionally reserved for IT projects. Keeping a handle on the various technology initiatives—which are often proposed by different lines of business and haven’t always undergone an assessment by the IT group before receiving approval—proved challenging. Companies found that managing projects at a portfolio level was a useful…

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Restarting a Paused Project? Don’t Make These Common Mistakes

A large segment of both active and planned projects went into a holding pattern during the pandemic. Uncertainty brought a number of efforts to a halt, with executives unsure what their business needs might look like down the road. Disrupted operations led other initiatives to go on hiatus, as employees switched to home offices and…

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6 Ways Your Project Portfolio Reinforces Your Corporate Culture

Sustaining your corporate culture can be a challenge. Companies mature, leadership teams change, and busy workloads make it tough to focus on anything other than daily tasks. With support from an experienced project portfolio management consulting team to ensure your implementation is successful, you can use your portfolio to reinforce your corporate culture and nurture…

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Remote Capabilities for Project Portfolio Success

When COVID-19 forced businesses to move their employees to home-based offices, some discovered they didn’t have the right skills and technologies to work efficiently in a remote environment. PMAlliance’s project portfolio management consulting teams have long operated remotely, and we tapped into that experience to help our clients continue to oversee and execute their initiatives…

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Project Portfolio Management: Transform Your Data for Better Results

Implementing a project portfolio brings numerous advantages, but there are some steps your organization should take to ensure you’re able to make the most of those benefits. One key element to portfolio management success is the use of quality data. Your information should be timely and it must also be clean—free of duplicate records and…

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Project Portfolio Management: Run These What-If Scenarios

Partnering with an experienced portfolio management consulting firm to implement a proven portfolio methodology brings many benefits. One primary gain for organizations is the ability to run data-driven what-if scenarios that can help inform the portfolio analysis process and enable better business decisions. Consider these common what-if scenarios that provide valuable insight and empower your…

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Can You Answer These Project Finance Questions?

If there’s one topic project management consultants know their clients hear about often, it’s money. The most common inquiries revolve around how much money each initiative has consumed, but team members also want to confirm how much remains available to move current efforts to completion and sponsors sometimes put out feelers to see if there…

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5 Reasons Good Project Data is More Important than Ever

The use of data to power decisions and shape strategy has long been a foundational component in successful project and portfolio management. From developing task duration estimates to calculating an initiative’s expected return on investment, businesses need access to data they can trust. However, today’s project teams rely even more heavily on up-to-date information than…

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Project Experience

Experience
Portfolio Management
Successful portfolio management calls for exceptional data management skills and diligent oversight across multiple efforts.
Experience
Manufacturing
Demanding, time sensitive, and finely tuned, manufacturing projects require close attention and experienced oversight.
Experience
IT Projects
Organizations must be able to successfully execute challenging and highly visible technology projects to maximize revenue.
Experience
Power Plants
Power Plants must be able to keep these vital infrastructure assets current, efficient, and economically positive.
Experience
Energy
High-profile hurdles and expensive risks of failure make these projects critical to manage properly from the very beginning.
Experience
Aerospace
Presents complexities at nearly every stage, from allocating resources to controlling schedule variances, or clearing regulatory & safety hurdles.
Experience
Cross-Functional
Ensuring team members are able to move outside the silos of their department or discipline is the key to achieving success.
Experience
Product Dev
Design and other early-stage activities must be carefully orchestrated while maintaining visibility on future impacts and resource needs.
Experience
Mergers & Acquisitions
Among the riskiest and most strategically important initiatives a company can undertake, and their outcomes can make or break the business.
Experience
Finance & Insurance
Technology implementations call for the right level of planning detail and diligent oversight.
Experience
ERP & SAP
An ERP implementation can be among the most disruptive and strategically important initiative an organization can undertake.