Known as P3 management, projects, programmes, and portfolios can work together to achieve business objectives using different methods, techniques and governance structures. Some aspects of projects, programmes and portfolios are very different and require unique methodologies, but all can be valuable and effective when working together.

To reach desired project goals, project managers traditionally focus on the project management triangle, also called the iron triangle. It highlights the importance of balancing scope, time and cost for successful project management. However, as more organisations now look to adopt an Agile approach, the project management triangle has begun to feel constrictive in these fast-paced setting – to combat this, the Agile triangle was created.

Project planning is a crucial phase in the lifecycle of any project. It sets the foundation for what needs to be accomplished and how it will be achieved. Incorporating a structured methodology like PRINCE2® (Projects IN Controlled Environments) can significantly enhance the effectiveness of your project plan.

Without focus or measurement in project management, projects can face unforeseen challenges, deviations, and, ultimately, missed opportunities. Metrics serve as a compass in projects, offering tangible data to guide decision-making, evaluate progress, and ensure project goals align with strategic objectives.

A well-constructed business case provides a structured proposition for business change, outlining the benefits, costs, risks, and timescales associated with a project.

Our research revealed that 98% of organisations plan to support their employees with issues surrounding diversity, equity and inclusion (DEI) this year. They plan to do this by offering training and development (32%), implementing new policies and procedures (31%), and enhancing perks and benefits (24%).

Throughout the course of a project, unexpected challenges are bound to arise on occasion. This is why its important to have a strategy in place for when they do. In this blog, we’ll explore some of the steps project professionals can take to limit the impacts of these issues and mitigate them quickly.

Agile methodologies and project and programme management (PPM) skills are essential in supporting organisations to work more efficiently. When combined they have the potential to boost project success rates, which may be why this year our research found that 46% of organisations are either actively using, transitioning to, or planning to transition to using a hybrid approach.

From motivating team members and facilitating clear communication to making critical decisions and navigating uncertainties, strong leadership is the core of successful project management. And these skills aren’t just valuable in project management, 40% of respondents in our 2024 research survey stated that personal leadership was the most important professional skill this year.

This year our ILX learning and development (L&D) research has revealed some interesting insights for the project management industry.