project management tips

Project Portfolio ROI: Thinking Beyond Dollar Signs

Industry research continues to reveal dismally low project success rates. There are many factors that play into this, and the PMAlliance project management consulting teams see a range of reasons why organizations aren’t delivering projects on time or on budget, or why project outcomes don’t meet expectations. Unfortunately, analyzing the dollars that are lost as…

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The Failing Project: Know When It’s Time for an Intervention

Rescuing a troubled project is a difficult undertaking. But sometimes there’s an equally big challenge that must be overcome before you can start developing a strategy to pull a troubled project back to life: Knowing when your project is too far gone for a simple fix. Below are some indicators that your initiative’s problems are…

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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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Why You Should Formalize Your Project Intake Process

With so much attention focused on executing projects, some organizations put too little effort into formulating and strengthening their intake processes. This is a mistake that could end up diminishing the performance of your company’s entire project portfolio. You may be expected to push projects through to completion that are poorly crafted or unsupported, or…

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Project Portfolio Management: The Value of Analytics

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…

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Is It Time to Embrace Project Portfolio Management?

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

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…

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Remote Project Management: 4 Tips for Successful Virtual Events

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…

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Is Your Project Too Big to Succeed?

We’ve all heard the phrase “too big to fail,” but PMs should also be mindful that some projects could be too big to succeed. That doesn’t mean these monster efforts can’t get to the finish line—they’re often strategically important, and failure is simply not an option. Instead, it means project teams need to take some…

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Are Executives Derailing Your Project?

Your organization’s leadership team plays a vital role in project success. The executives are typically key sponsors of high-visibility initiatives and their participation in moving efforts from concept to reality is crucial. There are times, however, when you may discover that senior staff are standing in the way of progress rather than supporting it. If…

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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.