PPM Core Blog - Project and Project Portfolio Management Articles

Project Management in Oil and Gas industry

Learn about Project Management in the Oil and Gas Industry

Andrej DimovskiSeptember 6, 2024

In the dynamic world of the oil and gas industry, mastering effective project management is crucial for sustaining profitability and operational efficiency. The complexity and scale of projects in this sector necessitate meticulous coordination to ensure timely and budget-compliant delivery ... Read More

The Top 5 Recommendations for Construction Scheduling Software

Andrej DimovskiAugust 21, 2024

Managing projects, stakeholders, and deadlines in the construction industry can be challenging, but digital tools offer significant benefits in tackling these tasks. That’s why choosing the right software is crucial for improving efficiency and streamlining operations. Without it, delays and budget overruns can damage a company’s reputation, strain customer relationships, and lower profits ... Read More

Learn How to Manage Finances: Cost Module Efficiency

Andrej DimovskiJuly 31, 2024

A successfully managed project is completed on schedule and within budget, ensuring that all resources are efficiently utilized. Cost is typically one of the most important variables in determining a project’s success. With that in mind, the crucial question is: How can you ensure that the project stays “on budget”? The answer lies in “control.” To remain within the budget, project managers need to ... Read More

PPM Core - How to Choose and Implement KPIs

How to Choose and Implement Key Performance Indicators?

Andrej DimovskiJuly 18, 2024

Selecting and implementing Key Performance Indicators (KPIs) is fundamentally driven by an organization’s objectives. Before an organization can identify its KPIs, it must first define its overarching objectives. Once these goals are established, management can then choose appropriate KPIs to monitor and measure the organization’s progress toward achieving them. Read on to learn all you ... Read More

Project Portfolio Management (PPM): What You Need to Know

Andrej DimovskiJune 27, 2024

Project portfolio management (PPM) is the process of analyzing and optimizing the costs, resources, technology, and processes associated with all projects that are grouped into one set known as portfolio. In other words, portfolio is a set of projects and programs, while program is a set of several projects. Project portfolio management is often handled ... Read More

The Role of Risk Managament in Project Success

How to Create a Risk Management Plan: Preparing for the Unexpected

Andrej DimovskiJune 26, 2024

Have you ever wondered how some companies can overcome unexpected challenges and successfully deliver projects while others falter? The answer often lies in a crucial component of project management: the risk management plan. Preparing for the unexpected is not just a preventive measure but a vital strategy to ensure your project stays on track. Imagine ... Read More

Unveiling PPM Core 2.2: New Baselines and Group Functionality

Andrej DimovskiJune 19, 2024

The latest version of PPM Core is here, and it introduces two major new functionalities: Baselines and Grouping! Version 2.2 is a continuum of the innovation journey of our cloud platform designed to connect all project participants and information in a way that empowers seamless collaboration across teams, companies, and projects. In addition to the ... Read More

Why Projects Fail? Top 10 Reasons for Project Failure

Andrej DimovskiJune 10, 2024

In today’s dynamic business market, organizations proactively work to improve or change their tactics to respond to the challenges ahead. On that note, well-prepared and thought-through projects give them a much-needed route to accomplish their objectives and goals and to avoid project failure. As they go forward, every project becomes more complicated and difficult to ... Read More

Top Reasons for Delays in Construction Projects

Andrej DimovskiMay 29, 2024

Delays in construction projects are one of the most recurring issues challenging project managers. Construction projects may regularly see disruptions, errors, and conflicts that interfere with the team’s ability to complete projects on time. Regardless of whether these delays happen at the hands of someone along the construction chain of command, or they’re completely out ... Read More

What Is a Cost Breakdown Structure (CBS) in Project Portfolio Management?

AdminApril 17, 2024

Making things or building structures can be tough because it’s hard to know how much they should cost. That’s where the Cost Breakdown Structure (CBS) comes in. It’s like a special tool that helps project managers figure out the cost of making something. For project managers, figuring out these costs is important. They need to ... Read More