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4 Tips on Efficient Resource Allocation in a Multi-Project Environment

Epicflow

Allocating the right resources to the right tasks at the right time is not an easy task. But if you have a dozen or even dozens of projects in the pipeline, the complexity of this task increases exponentially. . Resource Allocation in Project Management: Definition and Importance.

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Top 5 Reasons for Project Failure in a Multi-Project Environment

Epicflow

The Wellingtone report on the state of project management in 2021 has shown that only a third of organizations deliver their projects on time and within budget. It means that the majority of companies face project failure to a greater or lesser degree. . Why Do Projects Fail? . Poor resource capacity planning.

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5 Signs of Bad Resource Allocation and How to Improve It with a Resource Management Solution

Epicflow

It may happen that despite your efforts, your projects don’t bring the desired outcomes and sometimes even fail. The reasons vary, but improper resource allocation is one of the most common causes. Read further to estimate the level of your resource allocation and take measures to advance it. .

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Automotive Industry 2022: Overcoming Project Challenges

Epicflow

The trends shaping the automotive industry in 2022 will certainly have an impact on its companies’ projects. What issues will they bring to automotive project management, and what are the ways to address them? Challenges in Automotive Projects. Increasing number of projects . Dealing with uncertainty.

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Epicflow Updates: Hardshell Data Security and Advanced AI-Powered Functionality for Flawless Project Portfolio and Resource Management

Epicflow

It’s been a while since our last blog post about Epicflow’s latest updates , and we’ve developed a lot of new features since then. For example, if you’re a project manager, you can get a notification that some of your resources should update their working hours. Let’s assume you’re a project team member.

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Project Cost Estimation: Overview of the Process, Main Challenges, and Recommendations

Epicflow

Estimation of project cost is one of the core practices of the project initiation stage, which becomes the basis for the approved project budget. In the first case, stakeholders may find it infeasible to intake this project; while in the second case, the budget overrun will become an unpleasant surprise. .

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Intaking More Projects in Aerospace and Defense: How Resource Management Solution Can Help

Epicflow

Today, in times of war and crisis, companies dealing with aerospace and defense projects have to timely react to arising challenges and suggest the best solutions possible to meet the consumers’ requirements and stay competitive in the market. Specifics of Aerospace and Defense Projects: Current Challenges.