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 […]


Essential Project KPIs and the Financial Returns that Love Them

March 18th, 2020

Essential Project KPIs

Project KPIs, or Key Performance Indicators, are measurable values that help you evaluate project performance. When executing a project, it is important to develop meaningful KPIs that help ensure projects are delivering intended benefits. This traditionally meant staying within budget and on schedule. But in today’s complex and competitive landscape, KPIs also need to ensure […]


5 Reasons Your Capital Projects Software is Failing You

March 5th, 2020

If you’re reading this blog post, it’s safe to say that you either deliver or invest in capital projects. And if you are involved with capital projects, you’ve most likely experienced cost and schedule overruns and projects that have not delivered intended benefits. In fact, according to the Construction Industry Institute, less than 6% of […]


Methods and Tools to Support a Business-Driven Project Management Office

January 30th, 2020

In our fast changing world of capital projects, many organizations are looking to digitally transform their Project Management Office (PMO). Their goal is better control of their project portfolio. Project management methodologies, certifications and tools have around for many years and have considerably increased the maturity of PMOs. However, even as projects are managed better […]