Wed.Jan 31, 2024

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Why Earn a Project Management Professional (PMP)® Certification?

The IIL Blog

By Ed Lively, PMP, PRINCE2 Practitioner, MCITP | IIL Senior Consultant and Trainer About the PMP® Certification The Project Management Professional ( PMP ) ® certification is the most recognized and important industry certification for project managers. It doesn’t matter what organization you are currently employed with, PMPs can be found to be leading projects in virtually every industry and every country worldwide.

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Is it Time to Pivot or Persevere in Product Development?

Scrum.org

In the dynamic landscape of product development, one of the most taxing challenges I've faced is deciding whether to pivot, persevere, or abandon a project. The complexity of this decision-making process is often underestimated, yet it's crucial for the success of any initiative. ? In my experience, these decisions usually come to a head during or soon after a sprint review.

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What Is a Balanced Scorecard? (Example & Template Included)

ProjectManager.com

Coming up with long-term goals for a business or organization is just the beginning of a five-year project. Making sure your daily operations are working towards achieving those strategic goals and that they’re clearly communicated throughout the business or organization greatly improves by using a balanced scorecard. If you’re not familiar with a balanced scorecard, we’ll define the term and show the four perspectives it tracks as well as explain what should be included in a balanced scorecard.

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12 Ways to Manage Project Quality Without Drama

Rebel’s Guide to PM

Everyone wants their projects to be “quality” but I often get asked about how to manage project quality in real life. What does it mean to “do” project quality? You probably already know that you need a quality management plan , and that management, assurance and control are the pillars of doing it right. But in practice, to me that looks like a lot of project documentation, and not a lot of actual doing, so let’s talk about 12 simple ways that you can manage project quality , without it being l

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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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What Is Product Backlog Refinement?

Scrum.org

Product Backlog refinement is the act of breaking down work. Further defining Product Backlog Items into smaller and more clear items can improve the Team's focus, flow of work, and the Product Backlog ordering. Product Backlog refinement can streamline product development, ensuring better alignment with customer needs. It enhances team focus, prioritisation, and ongoing improvement, directly linking efforts to business goals and customer value.As a vital step in product development, it involves

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Hilfreiche Agile Gesetze für Transformationen ??

Scrum.org

In Kürze: Agile Gesetze & verteilte Teams Bei vielen Gelegenheiten hat die Arbeit mit agilen Teams die bestehenden organisatorischen, technischen und kulturellen Herausforderungen in vielen Organisationen verschärft. Der erfolgreiche Beginn von Veränderungen erfordert immer die Akzeptanz, dass es ein Problem gibt, das Aufmerksamkeit erfordert. Der folgende Artikel befasst sich mit typischen Hindernisse, die dem Erreichen von Agilität entgegenstehen, indem er mehrere agile Gesetze, die für alle a

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20 Common Mistakes Made by New or Inexperienced Project Managers By Dr. Harold Kerzner

International Institute for Learning

20 Common Mistakes Made by New or Inexperienced Project Managers By Harold Kerzner, Ph.D Abstract Even experienced project managers can make mistakes. Most project management training courses, even those focusing on the PMBOK ® Guide, stress “generally accepted best practices.” What is not taught are discussions on what not to do as a project manager.

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How To Pass The Professional Scrum With User Experience (PSU I) Assessment From Scrum.org

Scrum.org

The Scrum.org Professional Scrum with User Experience I (PSU I) assessment is a 60-minute timeboxed assessment. You need to score over 85% to pass and gain the PSU I certification. The assessment contains 60 questions in English of multiple choice type. You decide when and where to take the assessment. You are not required to attend an assessment centre and can take it online from a location of your choosing.

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Maximize Your Career with a PMP® Certification

Velociteach

Embarking on the path to becoming a certified project manager and receiving your PMP Certification is an exhilarating venture, offering professional growth and a dynamic expansion to your project management career path. In today’s fast-paced corporate environment, completing projects efficiently is crucial. Achieving a Project Management Professional (PMP®) Certification is akin to acquiring a master key.

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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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You Can Make a Difference at Work: 7 Steps for The Climate

The IIL Blog

By Lisa Whited A recent exchange with Molly, an IT manager at a global financial services firm, is typical of many I have in workplaces. “I am concerned about rising sea levels and climate change. But I am one person. What can I do to make a meaningful difference?” Reading the headlines about flooding, experiencing hotter summers, and witnessing extreme weather events can cause us alarm or, the opposite – make us want to bury our heads in the sand.

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Maximize Your Career with a PMP® Certification

Velociteach

Embarking on the path to becoming a certified project manager is an exhilarating venture, offering professional growth and a dynamic expansion to your project management career path. In today’s fast-paced corporate environment, completing projects efficiently is crucial. Achieving a Project Management Professional (PMP®) Certification is akin to acquiring a master key.

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Five Things You Should Know as an AI Leader

The IIL Blog

By Hassan Osman For leaders at the forefront of AI integration, understanding the impact and potential of generative AI (gen AI) is not just helpful but essential for driving business growth and maintaining a competitive edge. This game-changing technology not only streamlines operations but also opens doors to unprecedented creative and strategic possibilities.

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Ethical Leadership is Core for Sustainable Business

Green Project Management

Ethical leadership as it relates to sustainability is not just a trend but a fundamental shift in how organizations are directed and managed. It demands a leadership style that is not only grounded in traditional business acumen but is also deeply rooted in integrity, honesty, and a commitment to ethical practices. This approach involves making […] The post Ethical Leadership is Core for Sustainable Business appeared first on Insights into Sustainability and Project Management.

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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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Narrowing the Talent Gap

PM Times

How to be a front-runner in the race for talent The talent crisis is real. Projects are at risk. It’s time to make talent a strategic priority. As a result of economic growth and increasing projectization, the demand for project managers is expected to soar in the coming decade. At the same time, the […] The post Narrowing the Talent Gap appeared first on Project Management Articles, Webinars, Templates and Jobs.

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Maintaining Good Credit: A Guide to Credit Monitoring Tools

Productivity Land

A 2021 study showed that the average credit score in the United States increased to 714, four points higher than the previous year. This average has steadily increased and may increase more in the coming years. This data suggests that while people are willing to take out loans, they’re also more likely to repay on time. However, just because the average credit score consistently improves doesn’t mean everyone can sustain them.

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Diversity Hiring: How to Hire Diverse Candidates in 2024

Teamweek

In a fast-paced world, creative businesses are successful businesses. However, simply adding MBAs to your payroll won’t deliver innovation. Creativity emerges from diverse company cultures that harness as many viewpoints as possible. According to McKinsey, the top quartile of diverse companies outperform competitors by 33%. Evidence also suggests that inclusive strategies result in better decision-making 87% of the time.

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Review The AI Revolution in Project Management

Henny Portman

The AI Revolution in Project Management by Vijay Kanabar and Jason Wong provide prompts to assist you in the following project manager related tasks: stakeholder management, building and managing teams, choosing a development approach, planning for predictive project, adaptive projects, monitoring project work performance, risk management, and finalizing projects.

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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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AI Project Management FAQs: How to Harness the Power of AI in Work and Project Management

Leankor

In the ever-evolving landscape of work and project management, the infusion of artificial intelligence (AI) has become a transformative force, reshaping traditional methodologies and paving the way for unprecedented efficiency and innovation. With new and innovative AI-powered technologies continuing to enter the space, many questions have emerged. This article answers frequently asked questions and sheds light on how enterprise organizations can leverage AI for advanced project intelligence and

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Ready or not, fleets are going electric. Here’s what leaders need to be considering

Sitetracker

Commercial-vehicle EV production lags while EV technology is progressing faster than anyone can keep up with. And, yes, they must build out their charging infrastructure. Software can help with all this, but first, fleet owners must plan wisely. The post Ready or not, fleets are going electric. Here’s what leaders need to be considering appeared first on Sitetracker.

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Directing attention: shall, will, and may

Musings on Project Management

You shall.I will.You or I may.Heard these phrases before?What to make of them?Actually, if you're sitting in the PMO reading a contract or other legal document handed to you by your contract's administrator, or you're on the other side helping to write an RFP , then these words are important."Shall" should be understood to be directive without discretion to act otherwise.

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Eine Anleitung: Wie du dich für das Mögliche öffnest und dein Scrum Team auch durch unvorhersehbare Situation führen kannst

Scrum.org

Was am 09. August 2007 passiert ist, hatte niemand vorhergesehen: Dank immer ausgefeilterer Finanzmodelle entwickelte sich ein Gefühl der Unfehlbarkeit. Investmentbanker gingen davon aus, in einer zwar risikoreichen, aber berechenbaren Welt zu leben. Umso größer war die Überraschung, als das Finanzsystem kollabierte und der Bankenriese Lehman Brothers bankrottging.

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3 ‘Must-Dos’ for Addressing Digital Transformation Challenges

Digital transformation projects are crucial, with global spending projected to hit $3.4 trillion by 2026. However, they often fail at a rate of about 70%. To enhance success: Employee Buy-in: Acknowledge concerns and establish a change management team to communicate benefits transparently. Identify Processes and Tools: Form a digital transformation office to establish metrics, workstream lifecycles, data capture, and tool selection.

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Project Management Attitudes 101 – The 10 Ways a Great Project Manager Thinks

Online PM Courses

Effective Project Management has three components. The third component is the attitudes we bring to our professional work. The post Project Management Attitudes 101 – The 10 Ways a Great Project Manager Thinks appeared first on OnlinePMCourses.

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