Small companies with only a few active projects may be able to successfully achieve good results without implementing a portfolio management strategy. Their pool of sponsors and executives is limited enough that everyone can likely get together for quick project status reviews, and budgets are monitored closely because funds are so lean that no one’s…
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6 Reasons to Involve Executives in Project Portfolio Management
June 25, 2020 by
Managing your organization’s portfolio of upcoming projects while also planning and executing the current batch of initiatives is a challenge. Hectic workloads sometimes lead PMs to avoid involving their executive team in portfolio management activities simply because it seems like yet another layer of complexity in an already packed schedule. But leaving your senior staff…
Remote Project Management: Make Transparency a Priority
June 19, 2020 by
Transparency is an important element for any project team. In those organizations where project stakeholders are working remotely—whether they’re team members, sponsors, senior staff, vendors, or other collaborators—the need for transparency is elevated even further. If you’re coordinating dispersed groups of project participants, we’ve put together some key strategies to help you maintain transparency and…
Remote Project Management: Gain Support by Easing Stakeholder Fears
June 11, 2020 by
Fear of the unknown, fear of failure, fear of becoming unpopular with sponsors and executives—fear in all its forms can be a significant hurdle for project teams and the sponsors who support them. The problem only widens when people are working remotely. Some groups don’t have strong communication channels, a necessity when it comes to…
Remote Project Management: Keep Your Team Motivated
June 4, 2020 by
Sustaining your team’s motivation over the course of a long, complex, or challenging project can be tough enough. When your group’s members are dispersed, it’s even more difficult to keep everyone from losing their passion for the project. Without traditional in-person interactions to give people a shot in the arm when things seem like a…
