MPUG

OCTOBER 9, 2023

This article contains highlights from Fletcher Hearns’s webinar – 1 of 3: Earned Value Management – being provided by MPUG for the convenience of our members. The post Earned Value Management (EVM): Monitoring Project Performance and Forecasting the Future appeared first on MPUG.

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Wrike

OCTOBER 6, 2023

One powerful method to achieve operational excellence is through workflow analysis. In this article, we will explore the concept, process, and impact of workflow analysis on business performance. Its Role in Operations Optimization Workflow analysis is a fundamental component of operations optimization.

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Project Risk Coach

SEPTEMBER 12, 2022

In this article, let's examine why the new PMI® Standards matter and what to look for in your PMI-RMP® training. Domain Percent of the Exam Risk Strategy and Planning 22% Risk Identification 23% Risk Analysis 23% Risk Response 13% Monitor and Close Risks 19% And these are different than the previous set of domains.

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Project Pulse Journal

OCTOBER 15, 2023

That's why understanding the strength of qualitative and quantitative risk analysis is vital. By the end of this article, you will have the foundational knowledge to do just that. By the end of this article, you will have the foundational knowledge to do just that. Project managers must identify hazards early in the project.

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Planview

JULY 29, 2021

Risk management is one of the core project knowledge areas, an essential and ongoing process which can be described as the methodical process of identification, analysis and response to project risks involving several major phases which are similar to all projects. The Risk Analysis Process in Project Management. Take a Product Tour.

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Rebel’s Guide to PM

AUGUST 7, 2023

Finally, implement your chosen solution and monitor its progress over time so that any necessary adjustments can be made as needed. It’s the choice making, option selection, conclusion of the analysis and thinking. Finally, monitor progress to ensure success and make necessary adjustments along the way.

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Rebel’s Guide to PM

SEPTEMBER 29, 2021

In the PMI Business Analysis Practice Standard, business analysis is defined like this: The set of activities performed to identify the business need and recommend relevant solutions; and to elicit, document, and manage requirements. Get in touch and let me know so I can update the article!).

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Techno-PM

JULY 3, 2023

Effective monitoring and control of quality are critical for maintaining and improving product and service quality, identifying, and addressing issues promptly, and ensuring customer satisfaction. Statistical analysis: Statistical analysis involves studying data related to a product or process to identify areas for improvement.

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The IIL Blog

FEBRUARY 28, 2024

Insufficient depth in risk analysis, such as relying on qualitative assessments alone without considering quantitative analysis, can result in inaccurate risk prioritization. AI can automate the process of identifying risks by continuously monitoring project-related data, including schedules, budgets, and team performance.

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Rebel’s Guide to PM

JULY 19, 2021

In this article, I will provide more detail on a framework for making better decisions in an effective, rational and ethical way. Monitor outcome – monitor the impact of the decision on the project. Then the option with the highest composite score would be the most likely choice Decision tree analysis. SWOT analysis.

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Wrike

JUNE 28, 2023

The SWOT analysis framework is one of the most widely adopted in business and project management. SWOT analysis templates are easy to use and understand. This article breaks down everything you need to know about SWOT analysis. We’ll cover the following: What is a SWOT analysis?

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Wrike

JULY 28, 2023

Sales report templates are powerful tools that can significantly improve performance analysis in a business setting. This article explores the various aspects of sales report templates and how they can be used to enhance performance analysis. Customer data: Customer-centric analysis is crucial for sustained growth.

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Project Risk Coach

OCTOBER 18, 2021

Related article: The Practice Standard for Project Risk Management. Reference for this article: PMI-RMP® Exam Updates. Finally, the exam will include questions about project lifecycles–predictive, agile, and hybrid approaches. Click on "Schedule Exam" and select whether you wish to take the exam at home or at a test center.

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Wrike

OCTOBER 5, 2023

Gap analysis is a crucial tool in any organization’s arsenal, helping to bridge the divide between the current state and the desired state. Introducing Gap Analysis Gap analysis is a systematic approach used to assess the discrepancy between the current and desired state of an organization.

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Rebel’s Guide to PM

MAY 2, 2022

In this article, you’ll learn the top 5 key considerations and knowledge areas under which the main criteria for managing a project portfolio can be grouped. Consideration #4: Portfolio monitoring should be ongoing. What are the KPIs that you will look into, and how much room will you give to qualitative analysis?

Technical Review 362

Technical Review Risk Management Governance Government 362

Wrike

JUNE 11, 2023

It’s crucial for businesses to monitor their marketing objectives effectively. We will explore the importance of goal tracking in marketing, how to set up your marketing objectives, choose the right goal tracking tools, implement your goal tracker, and effectively monitor and adjust your marketing objectives.

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ProjectManager.com

FEBRUARY 26, 2021

In this article, we’ll discuss strategies that let you get a glimpse at potential risks, so you can identify and track risks on your project. You’ll want to set up regular meetings to monitor risk while your project is ongoing. Monitor the Risk. That’s where the monitoring comes in. Transparency is critical.

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Wrike

JULY 28, 2023

In today’s fast-paced business environment, where risks abound, it has become vital for organizations to have effective risk analysis methods in place. One of the most powerful tools available for this purpose is risk analysis software.

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ProjectManager.com

FEBRUARY 13, 2024

During this time he was writing articles, such as “A Bonus System of Rewarding Labor” and “A Graphical Daily Balance in Manufacture” for various trade magazines. He’s also a forefather of industrial efficiency through scientific analysis that removes chance and accidents. It was later renamed the Taylor Society.

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Project Risk Coach

JANUARY 11, 2021

In this article, let's define emerging risks, discuss ways to identify them, and look at different ways to manage these risks. Lastly, organizations should routinely identify and assess emerging risks and continuously devise strategies for both monitoring and managing these risks. What are Emerging Risks?

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Risk Management Risk Governance Government 423

Wrike

JUNE 11, 2023

In order to effectively manage and improve your sales team’s performance, it is crucial to monitor key performance indicators (KPIs) that provide actionable insights into their progress. In this article, we will explore the role of KPIs in sales, the importance of monitoring them, and the most effective sales KPIs to track.

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MPUG

MAY 6, 2024

In Part 1 of Effective Use of Artificial Intelligence Tools , we explained AI and its uses for predictive analysis in Project Management. But there are more than just those 8 uses for AI from our last article. Advanced organizations have been using simulation tools such as Monte Carlo analysis to find the most probable schedule.

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Wrike

SEPTEMBER 2, 2023

Days Sales Outstanding (DSO) is a crucial metric used in financial performance analysis to measure the effectiveness of a company’s credit management and its ability to collect revenue from its customers. By monitoring DSO, businesses can gain insights into their ability to convert sales into cash.

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Online PM Courses

APRIL 23, 2018

Risk analysis is both easy and hard at the same time. Is it any wonder that one of the most quoted aphorisms in project manager is this, from Tim Lister: Risk Management is Project Management for Grown-Ups’ Where Does Risk Analysis Fit in? Risk analysis is one part of the wider Risk Management process. Monitor and Control.

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Wrike

SEPTEMBER 3, 2023

One avenue to achieve this is through competitor analysis. In this comprehensive guide, we will explore the importance of competitor analysis, key elements involved, tools and techniques to use, interpreting data, and overcoming challenges in the process.

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Wrike

JUNE 11, 2023

This is where reporting tools come into play, providing businesses with the necessary tools and capabilities to simplify data analysis and make it more accessible to users at all levels of expertise. Understanding the Importance of Data Analysis Data analysis plays a pivotal role in modern business decision-making.

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Artificial Inteligence Technical Review Underperforming Technical Team Retail 36

Wrike

OCTOBER 1, 2023

One effective method for discovering customer desires is through a comprehensive need analysis. By conducting a thorough need analysis, businesses can gain valuable insights into their customers’ desires, which can then inform decision-making processes and drive innovation. goes beyond simply asking them what they want.

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Artificial Inteligence Technical Review Retail Innovation 36

Wrike

JUNE 11, 2023

This article explores the various aspects of dashboard templates, from their definition to their customization options. By the end, you will have a comprehensive understanding of how these templates can enhance your data analysis capabilities.

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Monitoring Manufacturing Engineering Executing 36

The IIL Blog

MARCH 20, 2024

” – Steven Hawking (2017) “Robots will be able to write most books, scripts, and articles by 2025.” For some roles, such as project and portfolio managers, we will have more time to focus on higher-reasoning skills such as data analysis, critical thinking, strategic thinking, and complex problem-solving.

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Wrike

JUNE 11, 2023

Monitoring the effectiveness of risk management strategies is also crucial. In-depth Analysis of Selected Risk Management Frameworks When it comes to risk management, organizations have several frameworks to choose from. One of the key benefits of the NIST SP 800-37 framework is its focus on continuous monitoring.

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Risk Management Risk Underperforming Technical Team Technical Review 36

Scrum.org

SEPTEMBER 10, 2023

In this article, we'll explore these crucial areas for a Scrum Product Owner's success. Market Analysis A Product Owner should be well-versed in market analysis to identify trends, customer needs, and potential opportunities. To excel in this role, one must delve into several essential topics.

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The IIL Blog

FEBRUARY 14, 2024

Analysis: uncovering hidden insights from your project data, analyzing risks, identifying trends and improvement opportunities. Continuous monitoring and evaluation: Track the impact of generative AI on your project outcomes and adjust your approach as needed. Explore these options before building custom solutions.

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NimbleWork

APRIL 7, 2024

Ensured data accuracy: A subset of AI technology, machine learning (ML) , can aid data analysis and decision-making. These resources can guide your employees in their day-to-day functions and help your QA team monitor team performance for quality assurance. That way, your data becomes accurate, complete, and up-to-date.

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Wrike

JUNE 11, 2023

In this article, we will dive deeper into the concepts of objectives and goals, explore their differences, and highlight their respective roles in project management. ” These specific goals provide a clear roadmap for the project team, allowing them to focus their efforts and monitor their progress more effectively.

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The IIL Blog

OCTOBER 17, 2023

Business Analysis A process in which an individual identifies business needs, defines solutions and facilitates change to meet organizational goals. Cost-Benefit Analysis A method is used to assess a project’s potential benefits compared to its costs to determine if the project is worth doing. It is also known as the 80-20 rule.

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The IIL Blog

NOVEMBER 8, 2023

A recent article in Harvard Business Review described “How AI Will Transform Project Management”. In this article, I consider how emerging trends may impact the profession. As an experiment, I asked ChatGPT to create a 500-word article on the impact of AI on project management. I say, “Bring it on!” Imagine this future.

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Wrike

JUNE 11, 2023

Why We Must Analyze It Customer behavior analysis is essential for various reasons. Third, customer behavior analysis helps organizations identify trends in the market. Fourth, customer behavior analysis provides companies with a competitive edge over their rivals. One such method is utilizing data analytics tools.

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