Forecasting EPMO & EPPM Costs: Best Practices for Strategic Success

Forecasting EPMO & EPPM Costs: Best Practices for Strategic Success – ZALBASIREPPM Forecasting EPMO & EPPM Costs: Best Practices for Strategic Success Navigating the complexities of budgeting for permanent, shared, and non-project staff in Project-Based Organizations. The Strategic Imperative of Accurate Forecasting Accurate annual cost forecasting for EPMO (Enterprise Project Management Office) and EPPM (Enterprise Project Portfolio Management) is a critical capability for any Project-Based Organization (PBO). Beyond merely allocating funds, precise forecasting enables strategic decision-making, optimizes resource utilization, and […]

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Project 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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The Overhead Trap: Why Your Bidding Strategy is Failing

The Overhead Trap: Why Your Bidding Strategy is Failing and How to Fix It The Overhead Trap: Why Your Bidding Strategy is Failing In a slow market, Project-Based Organizations (PBOs) feel the pressure. It’s not just about winning bids; it’s about surviving the overhead cash burn. The Markup Price Dilemma When a PBO loses several bids, the pressure mounts to lower the markup price. This price is a critical formula, typically combining Hard Costs (HC), Overhead (OH), and Profit (Pr). […]

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Carillion 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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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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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 […]

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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 […]

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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 […]

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The 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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