Wed.Aug 16, 2023

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Making Realistic Financial Projections for Your Small Business

The IIL Blog

By V. Lee Henson Guest Contributor: Jennifer Scott August 16, 2023 Financial projections are important. In fact, they are crucial to your survival. According to data from the IFAC , only one in three small businesses makes it to the 10-year mark. Low financial literacy, lack of financial discipline, and an inability to identify key metrics contribute to this failure.

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Meeting Planning Steps: How to Plan a Meeting

ProjectManager.com

It’s understandable why people often moan at the prospect of a meeting. They can be long and not very effective uses of one’s time. But meetings are important. They are a great way to communicate to a group and get that group working better together. To remove the stigma attached to meetings, learn meeting planning. What Is Meeting Planning? Meeting planning sets the agenda for the meeting.

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Liberating Structures kennenlernen: Wie du mit 1-2-4-All den idealen Einstieg findest und künftig jeden in deine Scrum Events miteinbeziehst

Scrum.org

Wie läuft ein typisches Meeting ab? Die Teilnehmer im Meeting sitzen um einen Tisch und diskutieren munter drauflos. Warum ist diese Form eines Meetings ein Problem? Nicht jeder Teilnehmer kommt zu Wort. Eher stillere Menschen haben Schwierigkeiten, das Wort in einer großen Gruppe zu ergreifen. Der Beitrag von Vorgesetzten wird von den anderen Teilnehmern als wichtiger bewertet und verhindert eine Vielfalt von unterschiedlichen Perspektiven.

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Contractor Management: A Key to Successful Projects

ProjectManager.com

Construction projects must be well orchestrated. There are many contractors working on various aspects of the overall project. Contractor management is a process to manage the contractors and make sure they’re doing what they need to do, when they need to do it and meeting quality standards. What Is a Contractor? In the most general sense of the word, a contractor is someone who has signed a contract that legally binds them to specific work, including labor and materials.

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Understand Digital Debt, Form a Team, Set Goals, and Plan Roadmap for Transformation

Understanding digital debt is crucial before digital transformation. Assemble a team to assess internal operations, market pressures, and digital debt's impact. Define future digital vision with measurable goals. Refine hypotheses and conduct market analysis. Develop a roadmap for transformation with defined projects, cost estimates, and governance.

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Threats, vulnerabilities, and Risks

Musings on Project Management

Daniel Messiler has an interesting essay about threats, vulnerabilities, and risks that is worth a quick read.He summarizes this way: A Threat is a negative scenario you want to avoid; damage or loss of an asset; a dangerA Threat Actor (person, entity, organization, is the agent that makes a Threat happen; threats and threat actors are cause-effect related.

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Die Nachteile des Festhaltens an Altsystemen, Prozessen und Praktiken ??

Scrum.org

TL; DR: Festhalten an Altsystemen, Prozessen und Praktiken Das Festhalten an Altsystemen und traditionellen (Management-)Praktiken führt zu Starrheit und falscher Anwendung agiler Prinzipien, was in übermäßiger Kontrolle und Mikromanagement in Scrum resultieren kann. Die übermäßige Kontrolle durch Stakeholder und die Führungsebene erstickt Kreativität und Anpassungsfähigkeit, stört die Planung und behindert die Entwicklung eines Scrum-Teams.

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The Road to Responsible Collaboration: Align with the Business

The IIL Blog

By Robin Hornby August 16, 2023 Collaborative working has become something of a buzzword. Every project would claim it is their intention. But more than good intentions are needed. In this fourth article, Robin investigates the illusive issue of business alignment, an essential step towards a collaborative goal. He determines the need for techniques to align project and business objectives and explores a structure to ensure proper business communication and control.

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The 3 Things You Need to Do Agile Right

Leading Agile

Teams, backlogs, and working tested product. Without these 3 Things, you’re not really doing Agile. The problem is that you can’t wave a magic wand and have these 3 Things overnight. It’s going to take some work. It’s going to require a planful approach. Because when the ideas behind Agile meet the reality of what’s going on inside large organizations, it’s going to run into some roadblocks.

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Harnessing the Power of Acknowledgment to Prevent Burnout: A Conversation with Judith W. Umlas

The IIL Blog

By Carole Jean Whittington August 16, 2023 As we navigate the complexities of the modern workplace, one thing remains clear—the need for a supportive and appreciative environment. That’s why I am thrilled to share an episode of Beyond Autistic Burnout that delves into a topic of utmost importance: “Harnessing the Power of Acknowledgment to Prevent Burnout” Joining me as a special guest for this enlightening conversation is Judith Umlas, Senior Vice President at International In

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Strategic Project Finance Essentials: A Project Manager’s Guide to Financial Metrics

Speaker: Ketan Jahagirdar - Sopheon’s Director of Product Management

Empower yourself as a project manager with insights that directly influence the financial landscape and strategic direction of your organization! Join us for a deep dive into the world of financial strategy, as we dissect key metrics that drive CFOs and business leaders’ investment decisions. This session will equip you with the necessary tools to craft compelling business cases as well as a comprehensive understanding of the crucial distinction between capital expenditure and operational expend

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Rev Up Your Business with the Right Car Insurance: A Complete Overview

Productivity Land

When it comes to the intriguing world of business car insurance, a myriad of coverage options dance before your eyes, each waiting to be chosen and embraced. Among these possibilities lies the enigmatic realm of liability insurance, where protection is granted against any havoc or harm caused by the driver adorned with this ethereal shield. This essential safeguard shields businesses from dreaded lawsuits and potential financial ruin that may loom over them in the aftermath of an unfortunate col

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NimbleWork August 2023 Newsletter

NimbleWork

We hope you are having a great Summer or Winter, depending on which side of the planet you are on, and the impact of global warming – be it extreme weather, fires, floods and such – is not getting you down too much! We sincerely wish you a safe and secure summer/ winter! If there is one thing that should NOT be getting you down, it is your work, especially remote work!

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BEING PREPARED, MAKING DECISIONS, & LOVING WHAT YOU DO: A CONVERSATION WITH ROB MORTENSEN (PART TWO)

Clint Padgett – Project Success

Episode Information: Clint continues his conversation with Rob Mortensen, General Manager of Delivery Systems and Services for North America and Europe at EMD Electronics. During their chat, Rob talks about balancing risk in decision making, being intentional about loving your job, and why opportunity favors the prepared. Plus, Rob discusses the advantages of being generous in sharing our knowledge and skills with others.

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4 Reasons You Need Interactive Calendars for Hybrid Teams

Wrike

In today’s fast-evolving workplace , employees face the challenge of managing extensive schedules and workloads effectively and on time. This is even more challenging in hybrid teams who often work outside of the office and from remote locations. Interactive calendars provide a flexible and powerful way for teams and managers to address these issues by streamlining scheduling and task management , enabling them to collaborate and update each other on new and ongoing work in real time.

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Acclaim Projects Helps Deliver Innovation Projects on Time and on Budget

This large intercity transportation company for people and freight employs 100+ IT employees and contractors across North America and Europe and spends $10MM annually for approximately 50 inflight projects. The company needed the right financial tools to budget for innovation initiatives and real-time information on spending and forecasting. This transportation company turned to Acclaim Projects by Sopheon to help deliver projects on time and within budget.

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Common Software Architecture Patterns and When to Use Them

Productivity Land

Every software architecture possesses an inherent element of beauty. An intricate dance of components, connections, and constraints that form the backbone of software systems can be truly astonishing. Nevertheless, with countless types of architecture diagrams and patterns, it can be challenging to determine which option is the best for your platform.

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What is Robotic Process Automation (RPA)? …and Intelligent Automation?

Online PM Courses

Let's answer the question, what is Robotic Process Automation (RPA)? And let's also look at Intelligent Automation. The post What is Robotic Process Automation (RPA)? …and Intelligent Automation? appeared first on OnlinePMCourses.

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Book recommendations for Scrum Masters

Scrum.org

Join the Mastering Agility Discord community! Every single topic has been written about, and thousands of books have been published. But what books do we think really stand out that are great content for Scrum Masters? Find out right here.

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How to Make a Gantt Chart In Excel Step-By-Step

ProjectManager.com

Gantt charts are a type of bar chart that’s used in project scheduling. The first design for a Gantt chart was made by Henry Gantt some time between 1920-1915. In the 100+ years of its existence, the Gantt chart has moved from paper to digital tools, such as a Gantt chart in Excel. If you’re not using a Gantt chart to schedule your tasks and see your entire project on a visual timeline, then you’re at a disadvantage.

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20 Common Mistakes Made by Inexperienced Project Managers

You’ve read the PMBOK® Guide several times, taken the certification exam for project managers, passed, and you are now a PMP®. So why do you keep making rookie mistakes? This whitepaper shows 20 of the most common mistakes that young or inexperienced project managers make, issues that can cost significant time and money. It's a good starting point for understanding how and why many PMs get themsleves into trouble, and provides guidance on the types of issues that PMs need to understand.

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16 Strategies to Fight the Global Skills Shortage

Teamweek

With news of mass layoffs everywhere, you’d think that finding great employees would be easier than ever. But the reality is, in fact, the opposite. There were 9.9 million openings in the United States in February 2023, but only 5.8 million unemployed Americans. The US is one of many countries currently facing a skills shortage in the job market.