Pinnacle Insights

An Integrated Baseline Review (IBR) can be an extremely daunting and stressful activity to prepare for. Your project execution team will be interacting jointly with the customer team to assess the realism and achievability of the project baseline, as well as identifying risks and opportunities.

Managing projects is challenging. Understanding the projects scope, managing budgets and forecasts, and delivering on time is a lot to keep up with. 

Investing in employee training and development can have significant results on your bottom line. A study by the American Society for Training and Development revealed that companies that invest in employee training gain 21% in profit.

Pinnacle Senior Consultant Michael Bensussen recently authored a three-part project management blog series. Due to the overwhelming success of the articles, I asked Michael to join me to dig deeper into the topics of time and money, schedule pressure and safety performance, and chaos and complexity.

I attended the May 25th Deltek Clarity webinar, Trends in Project and Risk Management, and as usual the content from the 12^th annual government study was compelling. Dan Firrincili, Sr. Manager, Product Marketing, and Kathy Boatwright, Sr. Director, Product Management, presented the findings for this section of the study.

I had the pleasure of having a very special guest, Tom Polen on a recent webinar to talk about rebooting your project reviews. For those of you that know Tom, you know that he always brings high energy in discussing all things project controls and project management, and this webinar was no exception.

‘Beyond Agility’ is the latest edition of Pulse of the Profession by the Project Management Institute (PMI). I always look forward to reading this report and learning about how organizations all over the world are maturing their project management organizations. I was especially excited to see what the data would show as we endured a global pandemic.

There is a lot of research that identifies how poorly projects are managed. I’ve read that $99M is wasted for every $1B invested in project management.

One-third of all projects don’t meet their initial goal. So, what are some of the reasons for project failure?

In this article, I talk about five of the reasons that projects fail.