February, 2024

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4 Essential Skills Every Project Manager Should Have

The IIL Blog

By Jean-Roch HOULLIER and Olivia Le Jeune In an increasingly complex world characterized by growing uncertainty and the multiplication of transformations (e.g. technological, environmental, societal), project managers need to develop new skills. Among them are four skills essential for every project manager to have. In this article, we describe, and comment based on our experience in the project management context.

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How to Fix 5 Project Management Skills Gaps

Rebel’s Guide to PM

I bet your project sponsor expects you to dive into the detail and understand why a line of code isn’t working, and strategically advise on business benefits as a result of your project… and everything in between. As a project manager, you are expected to have all-round skills encompassing the technical fields of project management like planning and scheduling, through to the interpersonal skills like communicating up and influencing others.

Finance 319
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Agile vs Waterfall: Embracing the Hybrid Project Revolution

NimbleWork

When the Agile methodology was first introduced, it was embraced as a welcome replacement to the rigid Waterfall approach. The community largely accepted Agile and Waterfall as mutually exclusive project management paradigms. This led to segmented fractions in the community, where either side presented opposing views with skepticism. Critics of Agile believed that Agile simply translates into fast failure.

Agile 71
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Artificial Intelligence Tools: Top 5 Practical Project Management Applications

Online PM Courses

What can we use Artificial Intelligence for in Project Management? Are there any practical AI tools that can make our work easier? Yes. The post Artificial Intelligence Tools: Top 5 Practical Project Management Applications appeared first on OnlinePMCourses.

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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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5 Ways AI is Already Transforming Project Management (and How You Can Get Started)

MPUG

The world of project management is experiencing a revolution, driven by the power of artificial intelligence (AI). From automating mundane tasks to predicting potential roadblocks, AI is changing the way projects are planned, executed, and delivered. AI empowers project managers to be more efficient, proactive, and insightful, leading to happier teams and successful projects.

More Trending

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Project Management Requires Product Thinking

Scrum.org

I was recently at a large consumer packaged goods organization talking about Product Ownership. As I discussed the Product Owner accountabilities, I realized I had not asked why they were interested in this topic. Like many others, I am guilty of jumping to conclusions and launching into the subject without asking the simple question, “Why are we talking about this?

SCRUM 193
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7 Best Practices to Implement Resource Planning in the Audit and Accounting Industry

PM Times

A Statista survey reveals that the estimated revenue of the accounting industry will grow to $145 billion. The growth in the audit and accounting industry can be attributed to various factors, including increased demand for advisory services, the growing complexity of tax regulations, a rise in financial fraud, and ongoing technological advancements.

Planning 115
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Agile Project Management Essentials: Navigating the Basics

PM Times

In the dynamic landscape of project management, Agile methodologies have emerged as a transformative approach, fostering adaptability and collaboration. Understanding the essentials of Agile Project Management is crucial for navigating the complexities of modern projects. This guide will take you through the basics, providing insights into Agile principles, methodologies, and the key components that make […] The post Agile Project Management Essentials: Navigating the Basics appeared first

Agile 107
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12 Free Project Planning Templates for Excel and Word

ProjectManager.com

Without a plan, projects are in trouble. Project planning is one of the first and most important aspects of project management. Using project planning templates can help you schedule tasks, estimate budgets and allocate resources. Project management software does more than a static Excel or Word template, but using these free 12 project planning templates for Excel and Word is a decent substitute.

Planning 364
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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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How to use LinkedIn to promote your project management skills

Rebel’s Guide to PM

Do you only look at LinkedIn when you are in the market for a new job? I’d hazard a guess and say that’s what most people use it for. However, if you’re on LinkedIn (and you are, aren’t you?), it can do a lot more for you than that. LinkedIn is a great professional network where you can connect with past and current colleagues. You can add a lot more professional detail about your experience and career history than social sites like Facebook or X (I still call it Twitter).

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What is a RAID Log?

Project Risk Coach

The RAID log serves as a central repository for documenting, monitoring, and managing critical project elements throughout the project lifecycle. It helps in ensuring that potential problems are identified, prioritized, and addressed promptly, facilitating better communication among project stakeholders and contributing to the overall success of the project.

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The Art of Sprint Review Feedback

Scrum.org

In the bustling world of Scrum, the Sprint Review stands as a pivotal event. It's not just a meeting; it's a ritual that marks the culmination of weeks of hard work, collaboration, and innovation. But the true linchpin of this process? The stakeholder feedback. Yes, feedback—the golden nuggets of insight that guide teams toward continuous improvement and ultimate success.

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From Hype to Reality: Integrating Generative AI into Your Project Management Workflow

The IIL Blog

By Ruchi Gupta Ruchi is a Keynote in this year’s LeadCon2024 Online Conference! Register here. The buzz around generative AI is undeniable. The project management landscape is undergoing a seismic shift, with generative AI emerging as a game-changer. This technology is capable of creating entirely new content from existing data, but navigating its vast potential can feel overwhelming.

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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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Exploring the Benefits of an Agile Application Modernization Approach

Leading Agile

Suppose you are a leader at a company that developed an important application over an extended timeframe: 10, 20, or even 30+ years. Maybe this system is used internally as a critical part of operating your business. Perhaps it is sold to other companies. Unless you have been constantly refactoring and modernizing this asset over its history, problems begin to emerge: On-premises infrastructure costs are not competitive.

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Trello vs. Asana: Side-by-Side Comparison

ProjectManager.com

Trello vs. Asana is a likely matchup for anyone looking for the right project management software. They’re both well-known and popular project management tools. Trello is often thought of as the go-to for kanban boards, which visualize workflow. Asana, on the other hand, is a simple-to-use work management tool. The trouble is most people want more than kanban boards, which is Trello’s bread and butter, and they want Gantt charts , which Asana doesn’t have.

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10 Simple Ways to Prepare a Handover at work (with email templates)

Rebel’s Guide to PM

Once upon a time I used to try to plan my projects around dates when I knew I was going to be in the office. My colleagues joked that I planned the birth date of my first child around a major transformation project go live date (I didn’t). It turned out that we had to move that go live by three months, so I was on maternity leave with a new born when they eventually went live.

Planning 354
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What Makes Visual Planning So Great?

Ganttic

Enthusiasm is great. But a truly winning formula couples unbridled enthusiasm with a plan of action. And that’s where visual planning comes in. That’s because, as knowledgeable or as passionate as you may be about your industry, you can’t expect to see success if you’re flying blind. Until you come up with a plan, you and your employees will never be on the same page.

Planning 147
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The Big Payoff of Application Analytics

Outdated or absent analytics won’t cut it in today’s data-driven applications – not for your end users, your development team, or your business. That’s what drove the five companies in this e-book to change their approach to analytics. Download this e-book to learn about the unique problems each company faced and how they achieved huge returns beyond expectation by embedding analytics into applications.

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Mastering Complexity: Systems Thinking is a Key Skill (From PM to PSM 07)

Scrum.org

As Project Managers transition into Scrum Masters, they encounter the principle of recognizing, evaluating, and responding to system interactions. This principle, rooted in systems thinking, is crucial in understanding and managing the complex, interdependent nature of Scrum initiatives. In Scrum, systems thinking involves acknowledging the dynamic interactions within the team, the product, and the broader organizational and market environment.

SCRUM 194
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Risk Management and AI Algorithms: Be in Control of Your Projects

The IIL Blog

By Jorgelina Bross-Puglisi February 28, 2024 Project Managers Have One Key Goal: Project Success By integrating risk management into project management processes, project managers can anticipate and respond to potential challenges, increasing the likelihood of project success. However, project managers can encounter various pitfalls while managing project risk management.

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What Is Online Fraud and Can Someone Go to Jail for It?

Binfire

If you live in a technologically developed country, you’ve likely experienced some form of digital-first fraud. This is no exaggeration. In today’s modern world, online fraud is everywhere, waiting to undermine the integrity of the internet and its users. As the world shifts more and more of its commerce onto the web, opportunistic criminals are taking advantage of the new opportunities fraud presents, thereby undermining the trust critical to any economic system.

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Power BI Gantt Chart: A How-to Guide With Pros, Cons & Alternatives

ProjectManager.com

Microsoft Power BI is a data analysis software that allows you to use various tools such as spreadsheets, pie charts, stacked bars and other types of diagrams to visualize project or business data, including the Power BI Gantt chart. Power BI allows you to import data from a variety of file formats and sources such as Microsoft Excel, SAP, Oracle, Google Analytics and other software and applications, which makes it a versatile tool that most organizations can use for data analysis.

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How to Stay Competitive in the Evolving State of Martech

Marketing technology is essential for B2B marketers to stay competitive in a rapidly changing digital landscape — and with 53% of marketers experiencing legacy technology issues and limitations, they’re researching innovations to expand and refine their technology stacks. To help practitioners keep up with the rapidly evolving martech landscape, this special report will discuss: How practitioners are integrating technologies and systems to encourage information-sharing between departments and pr

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5 Tips To Re-Energize Your Daily Standup Meetings

Rebel’s Guide to PM

Elisa Cepale I facilitate daily standup meetings for our support team. When I started working for White October we followed the conventional “scrum” format, where the team get together, share what’s new, what’s challenging and what’s happening, and everyone gives feedback and makes suggestions to unblock each other. In this article, I’ll look at 5 activities you can try in your daily team standup meeting.

SCRUM 347
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How to create a competitive analysis (examples and free template)

Planio

Whether it’s projects, products, or even whole companies, initiatives fail if they don’t properly address users’ needs. Fully understanding customer demand, the broader market, and the competitor landscape is vital to ensure you don’t fail - and that’s where a competitive analysis can help. A competitive analysis allows you to understand your entire market, including your customers and competitors, to ensure you have all the information you need to make the best strategic decisions.

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Scrum Anti-Patterns GPT — Spielzeug oder sinnvoller Helfer? ??

Scrum.org

In Kürze: Scrum Anti-Patterns GPT — Spielzeug oder sinnvoller Helfer? Kann ein benutzerdefinierter Scrum Anti-Patterns GPT Teams auf die Prinzipien von Scrum einstimmen? Erfahren Sie, wie der Einsatz von benutzerdefinierten GPTs einen neuartigen Weg zur Überwindung der üblichen Hürden von Scrum bieten kann — mit einem Schwerpunkt auf der Schaffung von echtem Kundennutzen angesichts der Herausforderungen auf Organisations- und Teamebene. ?

ChatGPT 191
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AI Voices vs Voice Actors for Training

The IIL Blog

By Kerri Acheson Originally published here. As much as I would like to open this discussion with a bold statement about how artificial intelligence voices can never replace human voice actors (being one of the latter myself), I cannot. Learning and Development (L&D) professionals have adapted to many different applications of AI in recent years.

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From Complexity to Clarity: Strategies for Effective Compliance and Security Measures

Speaker: Erika R. Bales, Esq.

When we talk about “compliance and security," most companies want to ensure that steps are being taken to protect what they value most – people, data, real or personal property, intellectual property, digital assets, or any other number of other things - and it’s more important than ever that safeguards are in place. Let’s step back and focus on the idea that no matter how complicated the compliance and security regime, it should be able to be distilled down to a checklist.