Project Management

Resource Management Challenges and Solutions

Managing resources effectively is one of the most critical yet challenging aspects of project management. Resources include people, equipment, materials, budgets, and time. Without proper resource management, projects can go over budget, fall behind schedule, or deliver poor quality results. In this post, we’ll explore some of the common resource management challenges project managers face …

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Covid-19

COVID-19 and Project Risk Management

With COVID-19 pandemic rapidly spreading throughout the globe and almost bringing everyone’s life to a standstill with businesses closing-down and employees forced to stay-at-home because of local or federal guidelines, it is imperative to assess the impact of these unprecedented conditions on the on-going, projects, programs, and portfolios. According to the World Health Organization (WHO), …

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Hands near table

Key differences between Project, Program and Portfolio Management

To understand the fundamental difference between Project, Program and Portfolio Management, lets dive into what the words ‘Project’, ‘Program’ and ‘Portfolio’ actually stands for. These are very similar sounding functions but very different in nature. ‘Projects’ according to the Project Management Institute (PMI) are the temporary endeavors undertaken to create a unique product, service or …

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