Project teams have deep insight into their initiatives’ inner workings, but unless executives are involved with projects on a daily basis, they likely don’t have the same level of familiarity. Senior staff members may not know where projects are in terms of progress or resource consumption, or even how one project’s metrics compare to others…
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Drive Every Project in You Portfolio with a Single Methodology
June 28, 2018 by
Companies don’t always have the necessary tools or the level of project management proficiency in-house to create and maintain accurate project plans. The situation creates plenty of challenges when trying to plan and execute a single project, but if the organization has an entire portfolio—where multiple initiatives are underway at varying stages of completion—the difficulties…
Portfolio Management: Bridging Company Strategy and Project Execution
June 13, 2018 by
Unless your company is running only one or perhaps two projects at a time, you’re missing out on some important benefits if you aren’t using a bona fide portfolio management strategy to plan and execute your project activities. An overarching approach that encompasses all of your initiatives not only pays big dividends, it will also…
Defining Your To-Don’t Project List
June 5, 2018 by
Creating a project list for what your team is not going to work on can sometimes be more challenging than determining which projects they will tackle. Few organizations have enough resources to do everything in their project portfolio all at once, meaning PMs must evaluate what should be done now and what will need to…
Dealing with a Mid-Project Reorganization
May 24, 2018 by
When a company undergoes a restructuring, there’s the potential that projects—those that are active as well as any still working their way through the pipeline—could experience some upheaval. People might be reassigned or let go, budgets may be reallocated, operational workflows are sometimes revised, and the company’s strategic mission is occasionally restated. Maintaining forward momentum…
