Project Management
2026 FIFA World Cup: 4 Project Management Lessons from Football
2026 FIFA World Cup project management lessons from football, showing how PMOs can improve planning, teamwork, risk control, and execution with Celoxis.
Tagged “Risk Management”
Project Management
The Importance of Creating a Risk Response Team
When we talk about project management, we also talk about risk management.
Project Management
INFOGRAPHIC: 5 Steps to Mastering any Project Challenge
INFOGRAPHIC: 5 Steps to Mastering any Project Challenge
Project Management
How to Manage Multiple Projects with PM Tools ?
Effortlessly master managing multiple projects with Celoxis®, the best PM Tools. Boost project efficiency, streamline workflows, & seamless collaboration.
Collaboration
The Recipe for the Perfect Project
We all love food. Don’t we? It amazing how a set of raw ingredients come together under the deft hands of a good cook and create culinary magic. There is the choice of ingredients, there is a process, and there is fair amount of expertise involved. Project management is pretty much like that. You start with an objective in mind, you plan, you get the tools in place, you follow processes and you keep monitoring progress along the way. To keep in line with the cooking parlance, let’s come up with a recipe for a perfect project.
Project Management
6 Reasons Why Projects Fail in Enterprises
According to a Standish group report, enterprises in United States spend more than $250 billion each year on IT development, approximately 175,000 projects. The research further shows that a staggering 31.1% of projects will get cancelled before they ever get completed and 52.7% of approved projects will cost 189% of their original estimates. According to PMI’s Pulse 2014, organizations are losing an average of US$109 million for every US$1 billion spent on projects. These are staggering numbers, ones that scream failure. In post mortem, project failure gets defined in different ways, attributed to different reasons. In my mind, a project fails when it doesn’t fulfill the objectives that were set at the time of commissioning. It could be a budget overrun, a significant delay in delivery, a quality lapse or way too much iteration. One could argue that as long as it is complete and delivered to the stakeholders or customers, it is successful. No, I don’t buy it. There is no such thing as small or large failure. The point is a project is commissioned to achieve a certain business outcome with certain defined parameters and constraints. If they are not met it is a failure. Period! So why do projects fail? In this blog we will look at 5 major factors that contribute to project failure.
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The platform
See how Celoxis helps PMOs turn portfolio data into better decisions.
Portfolio dashboards, capacity planning and project financials in one place — with the governance trail your finance team asks for.