Team members work together to achieve project goals within budget and on schedule. To achieve this objective successfully, effective collaboration and communication are essential. Research by PMI shows that communication and collaborative leadership are seen as the most important soft skills for achieving organisational goals. At Proteus, without exception, every…
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The world of project management is notorious for its confusingly similar terms. Three terms commonly lumped together are project, program, and portfolio with many people using them interchangeably. Although they are related to one another, these are three very different concepts with their own definitions and goals. In this blog,…
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If you work in project management we know you care about data, its relevance, its accuracy, its timeliness, and most importantly, how we can use it to make better business decisions. To help you get a better idea of the current state of project management in 2024, we have researched…
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The language surrounding project management is vast and with so many different phrases and acronyms flying about it can get confusing. So whether you’re looking to learn about project management or just need a refresher, we’ve compiled a list of simplified definitions for the most important project management acronyms and…
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Managing a complex engineering project is a challenging task and there is a lot that can go wrong. The project life cycle is a framework that breaks projects into smaller steps for better management. This helps project teams navigate projects from beginning to end in a controlled and consistent manner. …
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Staying on budget, meeting deadlines, and delivering high-quality outcomes determine project success. Whether it is a project in the energy sector, engineering or construction, cost management is essential to keeping your project’s financial performance on the right track. Not managing costs properly can lead to going over budget, which can…
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Change is inevitable in the life cycle of a project. Being able to adapt to and navigate change is important for project success and can give you an advantage over your competitors. However, there is no denying that making alterations to a project can be challenging, disruptive, and daunting. This…
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If you work in the world of projects, you will be very aware that efficiency is the name of the game. It's all about getting the job done right, on time, and within budget. That's where two key players step into the spotlight: Earned Value Management (EVM) and the Schedule…
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Do you know your project management terms? Project management is a broad discipline, used in many industries, from complex engineering infrastructure programs to creative design projects. Regardless of the project content, staying on top of the latest terminology and concepts is crucial to ensure successful project execution. Whether you are…
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