How To Create an Effective Project Portfolio Management Governance
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“How Big Things Get Done” Book Review – Part 2, The Success
Lessons from Success: How Big Things Get Done – ZALBASIREPPM Lessons from Success: How Big Things Get Done Unveiling the patterns of successful mega-projects and the power of focused execution. The Paradox of Success: Learning from Failure First The road to success is often paved with lessons learned from failure. True success, which consistently creates value and benefits, is a rare achievement, as highlighted in the initial part of this review. That’s precisely why the first segment of the book […]
Read moreBidding Project Portfolio System
Winning Bids & Projects: Strategies and Portfolio Analysis – ZALBASIREPPM Winning Bids & Projects: Strategies and Portfolio Analysis A multi-faceted approach to securing new business and optimizing bid decisions. Strategies for Securing New Opportunities Winning more bids and projects requires a comprehensive approach that extends beyond simply submitting proposals. It encompasses building a robust portfolio, strategically networking with potential clients, and effectively articulating your unique value proposition. By integrating these elements, organizations can significantly enhance their chances of securing new […]
Read moreInfrastructure Investment and GDP: Measuring Economic Impact and Strategic Prioritization
Infrastructure Investment and GDP: Measuring Economic Impact and Strategic Prioritization – ZALBASIREPPM ZALBASIREPPM Infrastructure Investment and GDP: Measuring Economic Impact and Strategic Prioritization Understanding the complex relationship between infrastructure spending and national economic health. The Vital Role of Infrastructure in Economic Prosperity Investment in infrastructure is a critical factor for a country’s economic health and wealth. It empowers the private sector and individuals to invest and produce goods and services more efficiently. Infrastructure spending, whether by the government or in […]
Read moreBeyond the Generic PMO: Differentiating Project Management Offices for Tailored Success
Beyond the Generic PMO: Differentiating Project Management Offices for Tailored Success – ZALBASIREPPM ZALBASIREPPM Beyond the Generic PMO: Differentiating Project Management Offices for Tailored Success Understanding the unique characteristics of PMOs across sectors and project types for effective implementation and operation. The Evolving Landscape of Project Management Offices (PMOs) The Project Management Office (PMO) is a relatively new concept in organizational management, having gained prominence only in the last two decades. Much of the available literature and publications on PMOs […]
Read moreDo you have a VSP?
Project based organisations (PBO) visionary leaders must have a Visual Strategic Portfolio (VSP) within their enterprise project portfolios management (EPPMS) system. Visualisation of the SP means visualisation of your ultimate goals. The current or near future goals are business as usual. It doesn’t reflect the main existence of your organisation. Another reason to have the VSP is that the visionary leaders know they will face many challenges to manoeuvre defining initial targets to make it easy to manage. However, not […]
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Does Client’s Contract Help To Share Resources To Reduce Project’s Cost?
The most used method to manage projects is by considering each project as a separate cost centre where you have full budget and resources allocated to deliver the project. This project might extend form a day to years. Here it comes the difficulties that, it will cost the project more if you will consider a cost for a machine or a person as a full-time for the project even he/she/it will operate not full time. For example, an asphalt paving […]
Read moreProject Portfolio Implementation Check List
Interactive Project Portfolio Management Implementation Check List Project Portfolio Management Implementation Check List A practical and interactive guide for assessing your organization’s portfolio maturity. Project Portfolio Management is a dynamic ongoing process of selecting and delivering projects on a shared portfolio model to achieve the maximum benefits realized from the available resources to deliver the organization vision on a long term and the assigned business plans and targets on the short term (monthly, quarterly and annually). Project based organizations (PBO) […]
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Do You Have Portfolio Analysis Skills? – Part 1
Project Portfolio Analysis is so sample for a trained person. So for some of us, it will be very easy to understand the charts and tables very fast and for some, it might be new skill to gain. So please for the trained ones, give some insights to what the charts and table data are telling us. In a fast track and busy time for management, they would like to have a tool to tell them a lot by one […]
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Are You Ready For The New Construction Technology Disruption?
I was privileged to be invited to two important innovation events happened on the same day which I tried to divide my time between both of them. Because the subject and the type of participants on both. They are linked because they are about new solutions and innovations. Let me say that getting knowledge about new trends and innovations opens new prospective always in my mind on how I think and how I adopt new business models. The challenge of […]
Read moreCarillion Collapse What Went Wrong ?
What Went Wrong on Carillion Collapse What Went Wrong on Carillion Collapse On January 15th, 2018, UK construction giant Carillion, a company with a 200-year history, entered compulsory liquidation. How did a company with £5.2 billion in sales collapse so suddenly? The Anatomy of a Collapse The fall of Carillion sent a shockwave through the global construction industry. The negative impact was not limited to its 49,000 employees and shareholders; it extended to joint ventures, subcontractors, suppliers, and clients whose […]
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What type of Project Controls System Fit You More in Functional Organization Environment?
We published many articles about PMO and EPPM because it is the best model for Project Based Organisations (PBO) for best results on such continuously changing and competitive market. However, many organizations are still using traditional functional structure including project controls departments. Therefore, the question which persist in such work environment “What type of Project Controls System Fit You More in Functional Organization Environment?” Although, the training workshop includes a lot more. we are happy to share with you the […]
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Who Plan and Deliver the PMO / EPMO ?
Most organizations plan and implement their strategic initiatives all the time. However, delivering it faces difficulties and even failure. One of the important initiatives for government, developers and contractors is the PMO implementation Initiative which is a restructuring initiative which make it more difficult to plan and implement. The good news I read in the recent PMI Pulse of The Profession 2017 report, is that: ” We have learned in the past: that when proven project, program, and portfolio management […]
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What Went Wrong?
One of the most difficult situations is when a decision maker faces the three Ws (WWW) What Went Wrong? The situation becomes more devastating for the investors who invested billions. One example of this is one of the world’s biggest mining company who had put one of their big assets in USA up for sale in October 2014 after a slump in oil prices. The company bought the assets from Chesapeake Energy Corp. in 2011 for $4.75 billion but was […]
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Do You Find It Difficult To Get Your Organisation Financial Report?
Many organizations growing very fast. They expand their business year after year using the same systems they started with until they find difficulties to report where they stand financially. They wake up with the fact that there is no proper records not just to use internally but more importantly to provide for shareholders and auditors as credible reports. The finance department panics before every due report date to collect the needed data from the different departments. It becomes big headache […]
Read moreWhy PMO Is The Solution Not To Fail?
Why PMO is the Solution Not to Fail – ZALBASIREPPM ZALBASIREPPM Why PMO is the Solution Not to Fail A new approach to project delivery for sustained success in dynamic markets. PMO: A New Culture for Project Delivery The Project Management Office (PMO) is more than just a coordinating effort by different departments; it’s a new organizational structure with its own vision, mission, and goals. It represents a new culture designed to overcome common problems like bad project records, unclear […]
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Retaining the Know How?
Availability of key skills comes on number 8 for business threat which makes US CEOs extremely concerned about in their organisation strategic planning (PWC 20th CEO Global Survey Report – Jan 2017). The picture becomes more concerning when another survey in USA released on 9th Feb 2017 by Willis Towers Watson research reveals that almost half of employees think they would need to change companies to advance their career. This is a high trend from 2014 Willis Towers Watson research […]
Read moreProject Delivery KPIs: Measuring Success and Performance
Project Delivery KPIs: Measuring Success and Performance – ZALBASIREPPM Project Delivery KPIs: Measuring Success and Performance Key Performance Indicators are vital tools to measure risks, opportunities, and strategic project performance. Understanding Project Management KPI Types Project delivery KPIs are important to measure the risks and opportunities that influence the strategic performance of projects and the team involved. The project management KPI types can be defined mainly around the following criteria: Financial These are typically utilized when the measure is monetary. […]
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Do You Have A Competitive Mechanism?
In challenging market where the pressure to win new contracts to maintain the targeted profit becomes a survival risk, management tends to make very tough decisions. Some of these decisions are around cutting costs. Some are around increasing efficiency and some are about new thinking and new operation model. However, success is a habit. It is a defined process and systems. It is not a change forced to do. Therefore, when we study the successful models for big companies we […]
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How to Manage Projects’ Design Shared Resources – Part 2
Goal: To demonstrate how to manage shared design resources. Level: Intermediate. Direct Users: Planning Engineers, Design Managers, Design Coordinators, and Program / Project Managers, Project Control Manager, PMO Manager and Portfolio Managers Indirect Users: CEO, COO, CFO and Directors Gained Skills Corporate Strategic Planning Resource Planning and Management Project Cost Planning and Management Resource Reporting Tools P6 Primavera Professional Rev 16.2 This article is a series of articles under the title How to Manage Projects’ Design Shared Resources. Please refer […]
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How to Manage Projects’ Design Shared Resources ? – Part 1
Goal: To demonstrate how to manage shared design resources. Level: Intermediate. Direct Users: Planning Engineers, Design Managers, Design Coordinators, and Program / Project Managers, Project Control Manager, PMO Manager and Portfolio Managers Indirect Users: CEO, COO, CFO and Directors Gained Skills Corporate Strategic Planning Resource Planning and Management Project Cost Planning and Management Resource Reporting Tools P6 Primavera Professional Rev 16.2 This article is a series of articles under the title How to Manage Projects’ Design Shared Resources. Please refer […]
Read moreThe Earthwork Bid: From High-Risk Guesswork to Strategic Advantage
The Earthwork Bid: From High-Risk Guesswork to Strategic Advantage The Earthwork Bid: From High-Risk Guesswork to Strategic Advantage The planning and scheduling of earthwork are of major importance in obtaining an efficient bidding price for multibillion-dollar construction projects. But how much detail is truly required to succeed? The Foundational Challenge For any major development, be it highways, dams, pipelines, mines, or big land development and leveling, the calculation of earthwork is crucial for an accurate bid. Earthwork computation involves calculating […]
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Bidding Portfolio Process Map Framework – Decision Making Analysis
Abstract: There are difficulties to collect actual bidding cost from the different contractors records. Many contractors consider it part of the overhead and not important to calculate. Part of this difficulties is the unidentified or different bidding process methods and where the process starts and where it end? Therefore, identification of the bidding process, will help to identify its actual cost. We will discuss here only the contractors bidding process. Although, there are similarities for consultants and suppliers process with less cost expected. […]
Read moreProject Portfolio Implementation – The Secret Strategy
The Strategic PPM Implementation Roadmap: From Functional Silos to Value Delivery The Strategic PPM Implementation Roadmap From Functional Silos to Value Delivery: A Guide to Successful Business Transformation The Strategic Imperative for PPM Many organizations champion Project Portfolio Management (PPM) as the key to strategic success, yet few implement it effectively. The Project Management Institute (PMI) defines a portfolio as a collection of programs and projects managed as a group to achieve strategic objectives. In practice, PPM is the operating […]
Read moreThe Importance of Choosing the Right PM Software
The Importance of Choosing the Right PM Software The Importance of Choosing the Right PM Software We rarely hear of structural failures, but project time and budget overruns are common. This isn’t a failure of materials; it’s a failure in project planning and control design. The Performance Paradox Business leaders universally agree on the importance of project management, yet the failure rate for projects and the PMOs that support them remains alarmingly high. Research highlights a significant disconnect between belief […]
Read moreEmbracing Challenge: Why Diversity in Thought is Your Greatest Asset
Embracing Challenge: Why Diversity in Thought is Your Greatest Asset Embracing Challenge: Why Diversity in Thought is Your Greatest Asset When you feel your organization is not overcoming market changes, it’s time to think about cognitive diversity. The Mark of True Leadership Successful leadership is defined by the willingness to accept challenges to its own decisions. This tolerance is not a weakness; it is a confirmation of confidence—in the leader’s ability to lead and in the team’s ability to take […]
Read moreHow To Turn Challenges Into Opportunity?
The Decision to Bid: Turning High-Stakes Challenges into Opportunities The Decision to Bid: Turning High-Stakes Challenges into Opportunities In a constantly changing market, decision quality is based on three factors: your data, your analysis system, and the minds who operate them. The High-Stakes World of the “Decision to Bid” In the construction industry, the challenge of a changing market is amplified by the huge investments contractors make. This risk is smaller for engineering firms, but for both, having a sustainable […]
Read moreBuilding The Organisation Systems Around Customers Need
Organizational Transformation: Aligning with Client Needs for E&C Success – ZALBASIREPPM ZALBASIREPPM Organizational Transformation: Aligning with Client Needs for E&C Success Leveraging technology and client-centric strategies in the Engineering & Construction sector. The Digital Imperative: CEOs Embrace Technology It was fascinating to follow the details of PwC’s 19th Annual Global CEO Survey in Davos across various media. What particularly resonated with me was a point I’ve long advocated: the necessity of organizational transformation to embrace the latest technologies in how […]
Read moreWhy Enterprise Project Portfolio Management (EPPM) is Your Future Gate to Project Success
Why Enterprise Project Portfolio Management (EPPM) is Your Future Gate to Project Success Why Enterprise Project Portfolio Management (EPPM) is Your Future Gate to Project Success A comprehensive look at how EPPM links project data to core business processes for unparalleled control and insight. In today’s rapidly evolving business landscape, relying on outdated project management methods is no longer sustainable. Enterprise Project Portfolio Management (EPPM) is not just a buzzword; it’s a critical database management system that links every aspect […]
Read moreThe Low-Bid Dilemma: A Strategic Guide to Competitive Tendering
The Low-Bid Dilemma: A Strategic Guide to Competitive Tendering The Low-Bid Dilemma: A Strategic Guide to Competitive Tendering When a client repeatedly tenders similar projects, the pressure to reduce prices can be immense. How do you encounter this strategy without sacrificing your business? The Bidding Pressure Cooker In bidding and tendering, pricing is a complex mix of actual cost, risk-averse cost, and markup. This article isn’t about markup; it’s about the intense pressure to reduce the total bid price to […]
Read moreManaging Planning & Scheduling by Quantifying The Risk and Expressing The Level of Confidence
Beyond Certainty: Why ‘How Likely?’ is the Most Important Question in Project Planning Beyond Certainty: Why “How Likely?” is the Most Important Question in Project Planning Successful project planning isn’t about finding a single, perfect number. It’s about understanding and quantifying uncertainty. The Flaw in Traditional Planning During initial project planning, teams are often pressured to answer a simple, yet deeply flawed question: “How long will it take?” This search for a single, deterministic answer sets projects up for failure […]
Read moreThe Importance of Mapping the Right Project Delivery Process within the Enterprise Integrated System
Integrating Business Strategy with Project Delivery for Sustainable Growth – ZALBASIREPPM ZALBASIREPPM Integrating Business Strategy with Project Delivery for Sustainable Growth The core foundation for enterprise growth and profit. The Challenge of True Integration Integrating business strategy within the project delivery process, and vice versa, is the core foundation for sustainable enterprise growth and profit. However, it is not as simple as it sounds. It remains a significant challenge for many organizations to achieve such integration. The first hurdle is […]
Read moreSuccessful Business Planning Using Client’s Business Model
Sustainable Growth in Changing Markets: Integrating Client Strategy – ZALBASIREPPM ZALBASIREPPM Sustainable Growth in Changing Markets: Integrating Client Strategy Understanding client needs and adapting internal processes for resilient business delivery. Navigating Market Cycles for Resilient Growth Successful business delivery is always based on client satisfaction. Understanding your clients’ needs leads to loyal customers and sustainable growth. However, sustainable growth is a significant challenge in today’s constantly changing markets. Market analysis history shows clear patterns of expansion and recession. According to […]
Read morePMO Data Visualization and Uncorrelated Data
PMO Implementation Mid-Operation: Overcoming Data & Change Challenges – ZALBASIREPPM ZALBASIREPPM PMO Implementation Mid-Operation: Overcoming Data & Change Challenges Navigating the complexities of establishing a PMO when operations are already in full swing. The Reality of Starting a PMO Mid-Stream In PMO management, you might find yourself in a situation where you need to present a dashboard with data visualization, but the underlying data accuracy is questionable. This often happens when you start a new role in an existing organization […]
Read morePMO Implementation Requirements & Challenges
The Strategic Imperative of PMO Implementation in Construction – ZALBASIREPPM ZALBASIREPPM The Strategic Imperative of PMO Implementation in Construction Overcoming Challenges to Innovate and Lead in a Dynamic Market Why PMO is Crucial for Today’s Construction Industry In today’s fast-changing market, consultants and contractors often focus heavily on daily operations just to keep their businesses running. This mindset, while understandable, can prevent them from embracing new ideas and staying ahead of the competition. It also forces them to take more […]
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