Managing a portfolio of projects, whether it’s a limited group of just a few important initiatives or an ever-evolving train of linked strategic ventures, requires careful attention. It can be difficult for a company to carve out the time and assign the resources to properly manage their portfolio, but without the right methodology and expertise…
project management consulting
Project Portfolio Management: Avoid Bad Data’s Domino Effects
July 24, 2020 by
Information is one of your organization’s most important assets. But if you oversee projects of any size, you know that you don’t just need information—you need good data to make the right decisions and ensure optimal results. Using information that’s inaccurate, out of date, incomplete, or duplicative can trigger a series of unwanted domino effects…
Remote Project Management: How’s Your Productivity?
July 17, 2020 by
Embracing a remote work structure requires a culture shift for employees as well as leaders, but one area where project teams may experience challenges is around productivity. Measuring and evaluating productivity levels can seem more difficult in a work-from-home environment. Team members don’t want managers constantly looking over their shoulders, but the senior staff has…
Project Portfolio Management: The Value of Analytics
July 10, 2020 by
Companies that execute more than a handful of initiatives each year have access to tremendous volumes of useful project data. Unfortunately, unless you have a process in place to make sense of all that incoming information, you’re likely to miss the most meaningful metrics. You may not have enough visibility into project performance to know…
Is It Time to Embrace Project Portfolio Management?
July 3, 2020 by
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…
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…
Remote Project Management: 4 Tips for Successful Virtual Events
May 28, 2020 by
In the virtual world, it can be difficult to maintain engagement around your project. Online events and other digitally accessible activities help keep remote stakeholders interested in what your team is doing and excited about your project’s expected results. Coordinating a presentation for your executive group Using video to show a walk-through of…
