Project Management Insider

The article underscores the significance of heuristics for project managers, facilitating efficient decision-making, problem-solving, and stress reduction. It highlights the need to analyze past projects, seek mentorship, embrace feedback, critically assess biases, conduct simulations, and engage in continuous learning. By adopting these activities, project managers can develop effective heuristics, ensuring better navigation through complexity, heightened productivity, and informed decision-making.

Project portfolio management is gaining prominence in the project management field due to three key reasons: 1) Organizations are prioritizing projects aligned with their strategies for competitiveness; 2) Addressing significant challenges like risks, resources, governance, and performance; 3) Enhancing investment performance by executing the right projects the right way. However, forums for project portfolio management are scarce, especially for Portfolio Management Professional (PfMP) certification holders needing Professional Development Units (PDUs). PMO Advisory, a PMI Authorized Training Partner, is addressing this gap by organizing a virtual summit for portfolio professionals to gather, learn, network, and delve into the world of project portfolio management.