Musings on Project Management
AUGUST 31, 2023
One meme making the rounds is the "Stochastic Parrot" caricature of 'large language models' (LLMs) that underpin all the AI chat and query systems we're experiencing. "Stochastic" meaning something randomly determined; having a random probability distribution or pattern that may be analyzed statistically but may not be predicted precisely.
ProjectManager.com
AUGUST 31, 2023
Businesses are always looking for ways to improve their practices. But is it possible to structure a process of continuous improvement at your company so that it aligns with your preferred management tools, team morale and overall objectives? In other words, can that process of continuous improvement prove productive and worthwhile? Yes. There are many methods that have been developed to successfully seek out and act on opportunities to help improve your business and quash the competition.
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Scrum.org
AUGUST 31, 2023
Sitting at lunch during Agile 2023, I felt deja vu. I have attended many Agile conferences. My first was in Chicago in 2009. I have only missed two during those fourteen years. I have witnessed the growth of Scrum, the rise of DevOps, the impact of XP, the expansion of SAFe, and the growing connection to professional coaching. I have seen tool vendors come and go.
ProjectManager.com
AUGUST 31, 2023
Getting a project done requires prioritizing tasks. Learn how a project backlog can help. We’ll show you have to create one to better manage your project. What Is a Project Backlog? A project backlog is a list of project tasks that are prioritized for a specific period of time in the project. It shows what must be completed over that time period and the order in which it should be completed.
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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.
Scrum.org
AUGUST 31, 2023
We started this Scrum foundation series explaining we see four underlying concepts of the Scrum framework. In the past series of mails we covered the three pillars of Empiricism. You might have felt that implementing an empirical approach is not easy. And one of the main reasons, if not the main reason, is trust. Without trust, people will not be transparent enough, leading to blurred results during inspection, and resulting in adaptations that are not the most valuable.
Project Management Update brings together the best content for project management professionals from the widest variety of industry thought leaders.
Project Accelerator News
AUGUST 31, 2023
‘ What is project management’ is a pertinent question in healthcare management. Simply put, it is the process of planning, organising and then overseeing the work of a project team in order to achieve a particular objective within agreed timeframes and budgets. It is however not the process attached to the routine daily operations of a company. Within the field of healthcare, project management refers to any project that looks to improve the functionality of any healthcare-related organisation.
Techno-PM
AUGUST 31, 2023
Managing stakeholder expectations is crucial for a project's success. Here are seven tips to help guide this process: Define and Communicate Objectives Clearly: From the start, ensure stakeholders understand the project's objectives. Clearly articulate the project’s scope, deliverables, constraints, and potential risks to set realistic expectations.
The Strategic Project Manager
AUGUST 31, 2023
This post has outlines the relevance and importance of the Dynamic Capabilities Framework in today’s competitive and rapidly changing environment. It delves into the detailed elements of the framework, and provides examples of the use of dynamic capabilities in several types of organizations. Finally, it discusses its impact and relevance to both strategy and project management.
ProjectManager.com
AUGUST 31, 2023
ProjectManager is excited to announce the addition of Microsoft Teams to its growing marketplace of integrations. Get to your ProjectManager tasks quickly without having to leave MS Teams. Our seamless integration of the popular communication app gives users fast access to and editing of tasks in ProjectManager. Benefits of ProjectManager’s Integration With MS Teams There are many advantages of using our integration to seamlessly connect your communication app with our award-winning project mana
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
Techno-PM
AUGUST 31, 2023
Cultivating an Agile mindset involves embracing the core values and principles of Agile, fostering flexibility, adaptability, collaboration, and continuous improvement. Here's how you can nurture and develop an Agile mindset: Understand Agile Values and Principles: Start by familiarizing yourself with the Agile Manifesto, which outlines the foundational values and principles of Agile.
ActiveCollab
AUGUST 31, 2023
In project management, a SWOT analysis is a powerful tool to assess a project's strengths, weaknesses, opportunities, and threats. This analysis helps project managers identify areas of improvement, capitalize on opportunities, mitigate risks, and make informed decisions. Let's see how SWOT analysis works and how you can enhance project planning, execution, and overall project success.
Wrike
AUGUST 31, 2023
Think about the last time you made a purchase — whether it was online or in person. You made your payment and, almost immediately after that, you received a receipt. Maybe you tossed it into your shopping bag and promptly forgot about it. Or maybe you moved it to a specific folder in your inbox so you could return to it if you need it. Either way, whether you realized it or not, that seemingly innocuous receipt that you didn’t pay much attention to is actually a type of a simple bill of sale.
Techno-PM
AUGUST 31, 2023
Whether the Project Management Professional (PMP) certification is "worth it" often depends on individual career goals, the industry in which one works, and geographic location. Here are some pros and cons to consider: Pros of PMP Certification: Increased Earning Potential: Numerous surveys and reports have indicated that PMP-certified individuals often earn a higher salary than their non-certified counterparts.
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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.
Scrum.org
AUGUST 31, 2023
In the realm of product development, crafting an efficient Product Backlog is an endeavour akin to sculpting a masterpiece. Just as sculptors chisel away the excess marble to reveal the form within, product managers must carefully mould their backlog, ensuring it's a lean inventory that reflects the unrealized value of the product. The Product Backlog must encapsulate our current aspirations for the product while being transparent and understandable to all stakeholders.
Hub Planner
AUGUST 31, 2023
We have added a new warning system to help prevent resource over allocation when you double book a resource member. This innovative addition empowers you to proactively prevent resource overallocation through a new scheduling conflict warning pop up. Sorry, your browser doesn't support embedded videos. Once enabled it puts you in control of the the team getting overbooked by different project managers.
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