February, 2022

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7 Ethics Tips For Project Managers

Rebel’s Guide to PM

A project manager approached me recently with a problem. She knew that some of the data that was being submitted in internal reports was — frankly — made up. It was made up with the best intentions from educated guesses and extrapolation. It’s probably fairer and less controversial to say that it was ‘estimated’ rather than created totally randomly from scratch.

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Gray Is A Color You Want To Avoid

Clinton M. Padgett

In project management, back and white are your friends – murky gray is not. As a project manager, you want to deal with clear and verified information, not assumptions. When assumptions are made and not validated, mistakes get made, timelines get delayed, and projects fail. Assumptions are dangerous things to make, and like all dangerous things to make — bombs, for instance, or strawberry shortcake — if you make even the tiniest mistake you can find yourself in terrible trouble.

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A Quick Guide to Project Charters: Definition, Steps & Key Elements

ProjectManager.com

Projects need approval before they can be executed. A project charter is a project planning document that sells the project to stakeholders and sponsors. If you’re able to show its viability and return on investment, the work will get the green light to move forward. But there are a lot of elements to any successful project charter. If you’re new to project management , a project charter template can set you up to make sure you’re hitting all the major points.

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PMOs Shifting from Watchdogs to Strategic Enablers

Project Risk Coach

Unfortunately, many Project Management Offices (PMOs) become nothing more than a watchdog, one that ensures compliance to a strict set of rules. In this article, we will explore why this happens and what it takes for PMOs to become strategic enablers. PMOs Have Gone to the Dogs PMOs are started with the best of intentions. Management sees it as a way to give oversight to all the programs and projects.

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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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When standard is no longer “standard”

Kiron Bondale

Project management standards such as the PMBOK® Guide, Sixth Edition state that contingency reserves, which are established to offset the cost or schedule impacts of realized identified risks, are considered part of the project budget and cost baseline. As the project manager is authorized to spend the budget as planned, it is assumed that they have the ability to draw upon contingency reserves directly as risks are realized.

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15 Tested & Practical Tips from Women in Project Management

Rebel’s Guide to PM

I wanted to share some tips from the fabulous women in project management whom I have interviewed on this blog. Looking back through the discussions we had, there is so much wisdom and what struck me was the total willingness to share. Here are 15 practical tips from our community of amazing women, all tested and proven by the women themselves. Can you make these work in your projects and career?

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Key Skill for Project Managers: Concept Development

Inloox

Does this sound familiar: A manager calls an employee in and proudly informs them about new challenges, ideas and projects. But first of all, they need a concept, and the employee has to create one. Back at the desk, the employee sits in front of a blank sheet of paper or an empty Word file. What now? Following various analyses (e.g. risk analysis ), concepts are usually created as a starting point for important and large projects, as well as other endeavors.

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Risk Breakdown Structure for Projects: A Complete Guide to RBS

ProjectManager.com

Uncertainty is a certainty in projects. Risks will arise and threaten the successful delivery of your project. Using a risk breakdown structure (RBS) is how you prepare for the unexpected. A risk breakdown structure is great for identifying and prioritizing risks so you know which will be more or less impactful. That’s the first step in planning, managing and mitigating risk in your projects.

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Are You Tired of Missing Project Risks? 3 Ways to Stop It

Project Risk Coach

I have had the privilege of managing three Project Management Offices (PMOs), composed of several project managers. The best project managers were the ones who had a habit of identifying and managing risks. Let's look at three ways you can improve your risk identification and reduce major misses. Wise project managers know that there are unknown risks lurking in every corner.

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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 say “positive risks”, I say “opportunities”

Kiron Bondale

Similar to my previous article, this topic stemmed from a discussion I had with the learners of the PMP preparatory course I taught this week. While presenting the project risk management knowledge area from the PMBOK framework, when I indicated that while in our daily conversations risks are usually threats there can be positive risks as well, I was met with some disbelief and skepticism.

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How to live the 4 values in the Agile Manifesto

Scrum.org

The Agile Manifesto (penned in 2001) includes four values and 12 principles that describe a new approach to complex work. Agile is an umbrella term comprising a variety of frameworks and approaches to value delivery, including Scrum. Previously, we discussed the 12 principles included in the Agile Manifesto and how they play out in the real world. Here, we turn our attention to each of the manifesto’s four values. .

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How agile is your team (and what you can do about it!)

Rebel’s Guide to PM

This is a guest article by David Daly. Did you know, one survey found that the most common reason to adopt agile is to be able to deliver products more quickly? Yet the same survey found that 75% of people did not believe their organisation had a culture that supported agile ways of working. This matches my experience. I regularly see that software teams are expected to deliver new features faster, become more productive, and create amazing, intuitive and easy to use applications that are bug-fr

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Product Development with the Stage-Gate® Process (Part 2): Strengths, Weaknesses, Pitfalls

Inloox

The Stage-Gate® process is a process model for the targeted development of innovations - for example, in the form of products and services. In the first part of this blog series, we looked at the definition and basic principles of the method according to Robert G. Cooper. In the second part, we now dive deeper into the strengths and weaknesses of the Stage-Gate® process as well as potential pitfalls and responsibilities.

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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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What Is an Issue Log? Templates & Tips

ProjectManager.com

Before defining an issue log, let’s define project issues. An issue is any roadblock or unintended impact that directly affects your project’s timeline and or performance. It’s different than a risk, which can be defined as a potential problem or future issue that might happen in your project. An issue is something that has already come up in your project, and you need to identify and track that issue immediately.

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9 Steps to Managing Risk for Your Projects

LiquidPlanner

Risk and uncertainty are inherent parts of all project work, making project risk management an important topic for teams to address. Which is why so many projects—especially large technology projects—run into trouble. When studies tell us that easily half of all IT projects run over budget and past deadline , we see how easily risk turns into real trouble for projects and their organizations.

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Safety is a prerequisite for effective non-solo work

Kiron Bondale

When we consider the benefits of non-solo working approaches such as pair programming or mobbing, the ones which normally come to mind are related to improvements in the speed or quality of delivery. The old adage “two heads are better than one” applies as we are usually able to get more work completed faster and with fewer defects. And by injecting variety by having participants alternate between different roles frequently, we also reduce the likelihood of fatigue.

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5 TOOLS TO HELP CREATE PRODUCT GOALS AND SPRINT GOALS

Scrum.org

Since it’s the beginning of the year, it makes sense to talk about setting great goals. As you know, Product and Sprint Goals aren’t optional in Scrum. However, many teams are struggling with it. Btw, stay tuned for an upcoming video on that topic to uncover why setting goals is so hard. It’s not a Scrum Master accountability to set up goals. Instead you need to help your Scrum Team, and especially the Product Owner, to do so.

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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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The Complex Project Toolkit (Book Review)

Rebel’s Guide to PM

The Complex Project Toolkit is really a book about paradigms in project management and how to encourage teams (and project managers) to stay curious and to embrace uncertainty. This is not a ‘how-to’ book with templates or checklists, but rather a scaled-out strategy view. It’s packed with examples from history, science, as well as some project anecdotes.

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Product Development with the Stage-Gate® Process (Part 1): Definition and Basic Principles

Inloox

Content. Definition. Basic principles. One of the greatest challenges that companies are facing is the continuous development of new products and services. Only with innovations competitiveness can be secured and market share increased. Innovative strength is therefore an important competitive advantage. But, of course, creating innovations is not easy and brings several challenges: The entire process as well as targeted output are characterized by high uncertainty and risks.

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How to Use a Project Decision Log for Optimal Results

ProjectManager.com

Projects are a series of decisions. Each decision should, ideally, be the result of thorough research, counseling from the team and historic data. Project managers use a decision log to keep stakeholders updated on who authorized a decision and how it came about. A decision log is a critical communication tool that all project managers need to understand.

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8 Resource Management Challenges That Every PM Needs to Know

nTask

You’d agree with me that a company’s biggest asset is its resources. However, no matter the size of it, resource management challenges are natural to occur. Keeping a perfect balance between your team members and the back-to-back projects can be a hustle. Most of the time we end up leaving unsatisfied and unhappy employees. Consequently, this greatly affects the success rate of the project and the growth of the company.

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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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Top Tips For Businesses To Manage Work During Covid-19

Proofhub

How Businesses Can Smoothly Manage Work Amid The Scare of Omicron Image Source: ProofHub It’s been nearly two years since the global pandemic of Covid-19 unprecedentedly arrived on the scene and threw normal life out of gear. Amid the grave threat to human life, social distancing and remote work have become synonymous in the last couple of years. Yes, scientists have introduced vaccines, and millions of people have been diagnosed with them.

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How to Sabotage A Product Owner — 53 Anti-Patterns from the Trenches

Scrum.org

TL; DR: How to Sabotage A Product Owner — 53 Anti-Patterns from the Trenches to Avoid. One of my favorite exercises from my Professional Scrum Product Owner classes is how to best sabotage a Product Owner as a member of the middle management. The exercise rules are simple: You’re not allowed to use any form of illegal activity. So, outsourcing the task to a bunch of outlaws is out of the question.

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How We Chose the Perfect Planning Poker Tool

Rebel’s Guide to PM

Planning poker® is a great technique for scrum teams. It is a team-based estimating approach to work out the efforts involved for achieving business goals. Even serious developers like gamification! Our company is a part of Wisebits Group and develops an online entertainment streaming service. The organization consists of several software dev teams that develop different parts of our product.

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Product Development with the Stage-Gate® Process (Part 3): Procedure and Structure

Inloox

In the last parts of our blog series on innovation management with the Stage-Gate® process, we looked at the basics such as the definition, strengths and weaknesses, and the basic principles. In this article - the third part - we dive even deeper and look at the basic structure as well as exemplary the idea-to-launch model, which structures and accompanies projects from the idea to the market launch.

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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.