Planview
SEPTEMBER 18, 2023
In fact, according to Gartner ® 1 : By 2025, 70% of digital investments will fail to deliver the expected business outcomes due to the absence of a strategic portfolio management approach. This will guide all teams toward more targeted conversations on risk analysis, resource limitations, and on-time delivery.
LiquidPlanner
JUNE 14, 2023
The basics of good collaboration, communication, scheduling and managing risk might still underpin everything we do, but project professionals have to regularly adapt to the world around them. Get good at budgeting so you keep project costs under control. You can ask it things like: “Here is a risk.
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Epicflow Blog
DECEMBER 14, 2023
While the complexity of construction projects is increasing, digitalization provides construction companies with a number of benefits: high efficiency of processes, precise project planning and visualization, real-time cooperation, new market opportunities, reduced risks, more effective decision-making, optimized construction costs, etc. [5;
Epicflow Blog
APRIL 24, 2023
Lack of necessary data To manage projects and their resources effectively, you need to work with a variety of data: e.g., employees’ competences, availability, capacity, resource performance, work progress, budget utilization, etc.
LiquidPlanner
JULY 19, 2018
By contrast, laggard organizations, comprising the bottom 14 percent of survey respondents, are defined by their immature, or in some cases non-existent, digital transformation strategy and their aversion to risk. Related: The Skills PMs Will Need in 2025. They see digital adoption as a low business priority.
ProProfs Project Management
JULY 5, 2019
50% of projects that fail have a budget of over a million US dollars. 27% of projects usually run over-budget. 87% of high-performing managers believe that mature delivery capabilities can minimize risks, control costs, and increase value. Other factors include scope creep, budget overruns, and other failure reasons.
Epicflow Blog
MARCH 30, 2021
The US Defense 2021 Budget . In terms of establishing the year’s budget, we can see the same trend as most European countries have in 2021 – reducing budgets for Defense by several percentage points. As stated in the Congressional Research Service report , the Pentagon has requested a budget of $3.2
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