Scope creep creates all sorts of problems for project teams. Resource conflicts may crop up if excessive labor or materials are consumed by one project and then unavailable for another, for example. Delays in reaching key milestones can also occur when outside-scope tasks prevent the team from completing their original workload. Identifying scope creep before…
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Have You Overlooked These ERP Project Risks?
July 23, 2021 by
ERP implementations are complex projects with a lot of moving parts. But there are so many seemingly higher priority risks on the radar that project managers can sometimes lose sight of more common perils that can still derail an initiative. Before you get too far into your ERP project, consider if you’ve overlooked these other…
Is Your ERP Project’s Scope Leading You Towards Failure?
July 2, 2021 by
For most companies, an ERP implementation is a critical strategic project. These efforts often have a significant financial cost associated with them and they commonly impact a number of systems, processes, and workflows within the company. ERP initiatives may also involve establishing connections to platforms in partner organizations to move information between separate entities more…
The Value of a Consistent Project Management Methodology
May 28, 2021 by
Organizations that implement a shared project management methodology to guide planning and execution see a number of benefits. But it isn’t enough to have everyone come together around a common methodology for a single project. Teams that jump between strategies as they wrap up one initiative and begin another often encounter challenges when it comes…
How Data Silos Harm Your Project Portfolio’s Health
May 7, 2021 by
Information is the backbone of project planning and execution. The quality of your project data gains greater visibility at the portfolio level, where accurate and reliable information rolls up to give executives a comprehensive view of the company’s efforts and enables them to make good, timely business decisions. Our project portfolio management consulting teams have…
The Value of Project Portfolio Management in M&A
April 2, 2021 by
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…
Remote Capabilities for Project Portfolio Success
February 19, 2021 by
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…
5 Risks of Subjective Project Portfolio Data
November 24, 2020 by
When data from individual projects is rolled up to the portfolio level, any issues with the integrity of that information—its age, its completeness, or its accuracy—are magnified. Project data built on subjective metrics is also an area that can generate questionable portfolio insights. People who pad their budget forecasts because they’re worried about contentious financial…
Take Control of Your Project Portfolio Now
October 2, 2020 by
Project portfolios risk becoming ungainly and cumbersome, especially if they aren’t carefully curated and reviewed on a regular basis. If other activities have been consuming your time and your portfolio has grown into a gangly mess as a result, it’s time to regain control. You can quickly begin to evaluate your portfolio—its scope and health,…
Remote Project Management: Keep Your Portfolio Healthy
May 21, 2020 by
Portfolio management isn’t always the first thing project teams think about when shifting to a remote work structure, but it’s crucial that PMs maintain good awareness of the organization’s broader portfolio during times of transition. Driving productive conversations to enable that awareness, however, can be daunting when business leaders are working from home (WFH) or…
