Portfolio

Why Having a Business Case for Your Capital Project is a Must and Not a Choice?

Today and more than ever, organizations require the submission and approval for a business case before a project can be approved for execution. A proper business case should ensure that the project aligns with the organization’s strategic objectives, ensures financial viability in terms of benefits and costs, tangible and intangible, Read more…

By PMWeb, ago

Reversing the 80-20 rule in Monitoring, Evaluating and Reporting Capital Projects’ Status and Performance

It is a must requirement for every capital project, regardless of its size, type, or location, to have a periodical progress report to monitor, evaluate, and report its status and performance. The progress report usually has a dashboard format. It will include a summary of the project’s schedule, cost, quality, Read more…

By PMWeb, ago

How Can Entities Involved in Capital Projects Delivery Start Taking Advantage of Artificial Intelligence When It Comes to Managing Their Projects?

Artificial Intelligence (AI) and Big Data are closely interconnected as AI is the output of Big Data. The intelligence results from the processed everyday data captured during capital projects delivery life cycle phases. Therefore, to start taking artificial intelligence, those entities need to start building their big data. They need Read more…

By PMWeb, ago