Capital Budgeting: Definition, Benefits, and Process

March 19th, 2021

As the global market becomes more competitive, businesses become more reliant on quantitative and data-driven analytics to make major decisions. Relying on numbers to give you an informed and objective pathway is more astute than working based on assumptions or the learning-by-trying methodology. This objective approach proves critical for companies looking into new and high-profile […]


Project Analytics: Benefits, Challenges and First Steps

February 22nd, 2021

Underperformance is nothing new in the world of capital projects. Large projects experience cost and schedule overruns consistently. They are not meeting their intended objectives, not delivering expected business value. We’ve been hearing the same story for years. Additionally, projects are beginning to have a greater impact on shareholder value. This has raised the stakes […]


Overcoming Complexity with Project Portfolio Forecasting

December 22nd, 2020

Portfolio forecasting, or multi-project forecasting, allows for greater ease in updating forecasts across a wide range a projects. Current software solutions can help you enable this methodology to improve your project performance. Let’s first review why forecasting is so important in projects. Then, we will look in more detail at the benefits of project portfolio […]


How to Optimize Project Portfolio Management

November 23rd, 2020

Competition and market forces are challenging organizations more than ever. This makes the imperative to optimize return on investment vital to success. To keep pace, organizations need to ensure they invest in a mix of projects that delivers the highest value. They must implement solutions and strategies that allow them to quickly evaluate all ideas, […]


Projects and the Power Industry: The Next Normal

November 17th, 2020

In recent years, the Power Utilities industry has been characterized by change and increasing opportunity. To keep pace, organizations have funneled more investment into capital and operations and maintenance (O&M) projects. In emerging markets, the Power Utilities industry has been experiencing strong demand for several years. Power generators and transmission and distribution companies have done […]


Benefits of Construction Project Portfolio Management

April 13th, 2020

As one of the most capital-intensive industries, the construction sector’s need for establishing effective project management cannot be overstated. According to the 2019 KPMG Global Construction Survey of 223 engineering and construction (E&C) industry experts, innovative leaders (the top 20%) are way ahead in governance and controls. Sixty-nine percent of them have integrated their project […]