Project Cost Overruns – Reasons, How to Prevent and Manage

Companies initiate projects for several reasons. In a medium to large size organization, several departments might be working on different projects. The Project Management Office, also known as PMO, manages the initiation, execution, and successful project delivery in an organization. However, regardless of the influence of the PMO, project cost overruns are inevitable events that […]

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project charter

Project Charter: Do you know how to create the ID card of the project?

In one of the biggest project management knowledge areas or in other words, in the project integration management, there are six processes. The first one is “develop project charter process” and as the name suggests, it aims to produce the project charter. It includes high-level project information. Developing the project charter process is the first part of project integration […]

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