Using Non-Financial Criteria for Project Portfolio Prioritization In business and project management, financial criteria such as return on investment (ROI), net present value (NPV), and payback period have traditionally been the primary metrics for evaluating and prioritizing projects. However, relying solely on financial metrics can be limiting and may not capture the full scope of […]
Upward Engagement: A Critical Competence When Things Get Stuck
Navigating the labyrinth structures of the corporate world can often be a daunting task. Hierarchical systems, while necessary, can sometimes restrict swift and efficient problem-solving. To conquer these challenges, a specific skill set is required, one of the most important being ‘managing up.’ This post will delve into this vital competency and provide a guide […]
Regenerative Leadership in Project Management: Essential for 2024 and Beyond
Regenerative Leadership in Project Management: Essential for 2024 and Beyond In an age where buzzwords like “Transformational Leadership”, “Servant Leadership”, and “Agile Management” dominate boardrooms and workshops, one might ask: “What about Regenerative Leadership?” Over the past year, I’ve attended several conferences where a resonating sentiment was the shift from ‘project management’ to ‘project leadership’. […]
Sustainable Project Management and the Three Horizons Concept: Looking at projects from different perspectives.
In the rapidly changing business ecosystem, organizations, now more than ever, are integrating sustainability into their strategic visions for long-term success. Among the tools helping businesses forecast and shape their futures is the “Three Horizons” concept. This model, coupled with GPM Global’s P5 Standard, offers a potent framework for selecting projects and aligning them with […]
Aligning Projects with Purpose: The Key to Realizing Your Sustainability Strategy
Aligning Projects with Purpose: The Key to Realizing Your Sustainability Strategy The heart of every successful sustainability strategy beats with purpose. This purpose isn’t mere words strung together on a page or promises casually made; it’s a commitment to a vision of a more sustainable future. As Chief Sustainability Officers and Directors, it’s not just […]
The Role of Intuition in Decision Making: Can a Project Manager Trust Their Gut Feeling Over Data?
Lately, there are lots of headlines screaming about the takeover of Artificial Intelligence (AI) in the projects, I want to set the record straight: AI isn’t about to replace the Project Manager. Yes, we live in a time where data analytics and algorithmic predictions are at the forefront, shaping how we execute projects. Beneath the […]
