A Corporate Project Management System (CPMS) is an organization-wide framework that standardizes how projects are selected, planned, executed, and monitored. Designed to align all project activities with strategic business goals, CPMS integrates methodologies, governance structures, tools, and training to ensure consistency, efficiency, and success across the entire project portfolio. Ideal for companies seeking to scale project delivery and improve performance at every level.
Decisions in the Fog It was 2007. We were deep in a capital dredging project for a coastal terminal. Midway through Q3, material costs surged 18% due to geopolitical tensions. My procurement lead looked at me like a deer in the headlights. “Do we push forward or delay until costs stabilize?” The schedule said one […]
Project Management: Models and Decision-Making Methods Read More »
Our organization specializes in construction projects. The main goal of such a company is to complete tasks as quickly as possible while maintaining high gross margins for each individual job. The Theory of Constraints (TOC) uses the term Throughput—the difference between what the market pays the company and what the company pays external suppliers. The total
Theory of Constraints: Nine Steps to Successful Project Management Read More »
Today, dozens of first-time project managers will begin their very first assignments with excitement—and a fair amount of anxiety. To help them navigate this new role and avoid common pitfalls, I’m sharing 10 essential rules for managing projects successfully. Rule 1: Create a Solid Business Plan Ensure your project is grounded in a thoughtful, well-supported
The Golden Rules of Project Management Read More »
When we first start managing projects, we inevitably make many mistakes. While these early missteps can be discouraging, they also provide invaluable practical experience and a powerful catalyst for professional growth. However, new project managers don’t need to repeat the same mistakes that thousands of others have already made. This article highlights the most common
Mistakes of a Project Manager: Lessons for Beginners Read More »
NASA doesn’t just launch rockets. It launches some of the most complex, high-stakes projects on the planet — and beyond. So when veteran project managers at NASA sat down to document their hard-earned lessons, the result was a goldmine of practical, no-nonsense wisdom. Known as the “100 Rules of NASA Project Managers,” this list has
100 Rules of NASA Project Managers: Timeless Wisdom from Space Missions Read More »
The closing phase of an IT project is more than a final formality—it’s a critical stage that determines how value is captured, lessons are retained, and success is measured. Poor project closure can leave technical debt, unresolved issues, and missed opportunities for improvement. In contrast, a structured and thoughtful closure process can enhance organizational learning
How to Close an IT Project Properly Read More »
Many large-scale IT projects end up taking longer and costing more than expected, and often fail to deliver the intended results. In today’s world, where business success increasingly depends on information technology, business managers must rethink their role in IT project governance. Executives are often familiar with the fact that large IT projects—such as ERP
Understand and Implement: IT Projects Read More »
This article summarizes findings from a research study conducted by scholars at the University of California, Berkeley, with the support and sponsorship of the PMI Educational Foundation and the Northern California Chapter of PMI. Abstract The primary goal of the research was to assess the financial and organizational impact of project management practices on organizations.
Assessing the Maturity of Project Management Processes Read More »
We’ve already discussed the importance of predictability in project execution, especially when it comes to the commitments made by project team members to key stakeholders (we’ll use this term to refer to all interested parties for simplicity). This topic ties directly into the broader questions: “What constitutes a project failure? Why do projects fail?” According to
A Project Must Be Predictable Read More »
