What is Contract Lifecycle Management (CLM)?

April 3rd, 2020

Most companies, regardless of their size, outsource a significant part of their operations. Yet, contract lifecycle management remains as one of the under-invested disciplines amounting to less than 1% of total spending. Unfortunately, the impact of poor contract governance is huge. For starters, the quantitative impact is estimated at 9% of annual revenues. Additionally, there […]


6 Best Practices for Project Controls

July 31st, 2019

Project controls is a set of tools and processes that help manage projects through measuring, forecasting, and improving project performance. It adds an important dimension to project management by providing a complete system for managing cost and schedule. When these important aspects of a project are under control, it stands to reason that your company […]


How Project Controls Lead to Better Project Performance

July 10th, 2019

How Project Controls Lead to Better Project Performance

Project controls are a group of processes that gather and analyze project data to keep costs and schedules on track. The beauty of project controls is they allow for proactive monitoring of current projects, and alert stakeholders so that timely, corrective actions can be taken. While controls deliver projects on time and budget, the scope […]


10 Benefits of Project Portfolio Management

March 13th, 2019

Benefits of Project Portfolio Management

The PMI Pulse of the Profession Report claims that organizations investing in proven project management practices save 28 times more money because a greater number of their strategic initiatives are completed successfully. It is no surprise then that project portfolio management (PPM) has emerged as one of the key functions of a project management office […]


What Is the Portfolio Management Lifecycle?

March 8th, 2019

Many organizations suffer from an inability to differentiate between “good busy” and “bad busy.” Investing time and money on projects that look good on paper doesn’t mean they’ll contribute to the organization’s core objectives. Project Portfolio Management (PPM) is a process that helps companies gain clarity to choose and execute the right projects. What is […]


Project Selection: A Guide to Project Prioritization and Selection

October 2nd, 2018

There is no lack of project ideas in organizations today. Rather, there seems to be a problem of too many ideas, as a long pipeline of proposals wait in queue, competing for attention. Given the large scale and complexity of projects, as well as constraints in resources such as time and budget, the challenge is […]