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Balancing Skills Capacity With Demand Across Your Portfolio of Projects
Categories: Project Management ArticlesLearn more: Balancing Skills Capacity With Demand Across Your Portfolio of ProjectsManaging a portfolio of projects with a limited pool of resources can be an exciting ride. No sooner do you have the skills demand nicely matching your capacity when an unexpected change arrives, throwing it out of balance. The challenge is to maintain high levels of resource utilization, when each project has its own priority,…
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Using Earned Value to Take the Guesswork out of Measuring Project Progress
Categories: Project Management ArticlesLearn more: Using Earned Value to Take the Guesswork out of Measuring Project ProgressA project plan is simply an estimate of the effort required to meet the project objectives, layered over a best guess timescale. For complex projects, work breakdown structures can be used to create smaller work packages that will simplify the estimating process. However, progress is unlikely to go according to plan for all but the…