Blog
Articles on project management, governance, strategic management and business analysis, from the P Certified and PMP Master team.
Project Management
Cost estimation in major public projects is a critical process that significantly influences project selection, resource allocation, and overall project success. Accurate cost estimates during the front-end phase are essential for ensuring that public funds are used effectively…
Project Management
Finding and training people is one of the strategic priorities for improving competitiveness and optimizing processes within an organization. This review explores the decisions and prospects of adopting lean capability frameworks mainly in a global production company with a majo…
Project Management
Because of their gigantic and detailed nature and their ability to cause large positive or negative effects, megaprojects call for effective risk management systems. Common issues that arise in these projects may be linked to sustainability concerning resources utilized, and cos…
Project Management
It is a general fact that risk management in financial systems as well as efficient and safe arrangements in supply chains are essential for stability. Prudent risk management is for financial systems a must and a major concern of international organizations and most central ban…
Project Management
The Innovate project was our long-term initiative intended to change the way our customers were served. Months in, we were crafting a state of the art buggy whip – lovely it was, relevant it was not to the changing market anymore. What went wrong? That was not the team&rsq…
Project Management
In today’s business environment, organizations effectively manage projects and their priorities are intertwined. Conservative and effective PPM is crucial to success. They assist in matching resources to objectives in order to achieve optimum results all the time. Strategi…
Project Management
For years, the project management world has primarily focused on the "iron triangle" - delivering projects on time, within budget, and according to the defined scope. While these elements remain crucial, they represent a limited view of true project success. A project delivered…
Project Management
Organizations constantly manage numerous projects, initiatives, and daily operations. However, a statistic from the Project Management Institute reveals that nearly 30% of projects fail to meet their original goals, often leading to wasted resources and missed opportunities. A s…
Project Management
Resource allocation is the cornerstone of effective project management, ensuring that the right resources are available at the right time to achieve project goals. However, many organizations face resource misuse, leading to delays, cost overruns, and missed objectives. Strategi…
Project Management
Project managers shouldn't just manage tasks, timelines, and resources. They must adopt a strategic mindset, enabling them to see the bigger picture, align their projects with organizational goals, and navigate complexities efficiently. This article explores the importance of st…
Project Management
Aligning a project portfolio with strategic objectives is no longer optional; it's a necessity for achieving sustainable growth. Companies that successfully integrate strategy into their project portfolios not only achieve better results but also position themselves to adapt to…
