This represents a waterfall type of approach to project planning, where one phase flows into the other. It works well for certain industries such as construction and manufacturing, but it is less ...

Project portfolio management (PPM) is a process by which an organization’s projects are evaluated and executed to ensure strategic alignment with company goals. PPM provides executives, project ...

It’s never a good idea to rush head-first into a new project if you haven’t completed the necessary preparation first. You may miss something, forget your overarching goal, or simply find it difficult ...

Accurate and precise cost assumptions are critical to developing short-term and long-term budgets for planned projects. Budget planning assumptions help businesses create contract proposals that ...

Discover what capital projects are, learn with examples like roads and plants, and understand their funding methods including equity, debt, and public finance.

What is a project manager? A successful project manager is in overall charge of the planning and execution of a particular project, and an IT project manager plays a crucial role in the day-to-day ...

Expertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. In the competitive realm of business, project management is more than just a skill—it's a ...