Portfolio management is a critical tool for strategic organizational transformation to optimize their operations and achieve their strategic objectives. In today’s business environment, where competition is fierce and market dynamics …
"Change management"
The art of project management and business intelligence
Project management and business intelligence are both a science as well as an art form. The processes identified and laid out in the Project Management Body of Knowledge (PMBoK) are …
Differentiating between outcome management, project management, and solution delivery
We manage so many things when we manage project portfolios. It is important to understand the difference between outcome management, project management, and solution delivery. The process of turning an …
Project management skills companies are looking for
Every year hundreds of thousands of project management jobs open up in the United States alone, yet it may be surprising to know that over the past few years, many employers …
5 Secrets of strategic growth using portfolio management principles
Here are some secrets of strategic growth using portfolio management principles. Have you ever gone to a concert and heard a band that you didn’t know performing one of your …
The pendulum effect: How time and memory impact the application of risk management
Pendulum risk management. Humans have certain tendencies when it comes to remembering details of events when time has had a chance to distort the memory of those events. Some call …
Tips for selecting the right project management methodology
Choosing the right project management methodology for the job is essential. There are so many; Agile, Waterfall, Scrum, and others. Our guide to evaluating project management methodologies will ensure you …
Managing uncertainty vs. the cost of change?
In my lectures, when it comes to the topic of managing risks, I start with a figure just to illustrate the importance of managing risks. This figure shows that the …
Goal-based Project Management: Steps to Meeting Delivery Dates and Budgets
Meeting project goals means developing steps to meeting project delivery dates and budgets. Project managers who follow these seven high-level project management tips will achieve on-time, on-budget, goal-focused delivery of …
How to apply the 7 basic quality management tools to the Six Sigma DMAIC methodology
DMAIC and Six Sigma are key factors in quality management. Having the right tools for quality management is essential. Learn about DMAIC, Six Sigma, and how to apply seven quality …