Sat.Aug 12, 2023 - Fri.Aug 18, 2023

article thumbnail

5 Fab Online Resources for Project Management Certification Prep

Rebel’s Guide to PM

If you want to land a good project manager role, one of the things to consider is certification. When I did my first project management training, it was all classroom based. Fortunately, that isn’t the case any longer and if you can’t take a week off work or travel to a training center, there are plenty of online resources that will help you get ahead in your certification journey.

article thumbnail

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.

2023 78
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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.

article thumbnail

Marketing project management: Everything you need to know

Planio

As much as product and marketing teams don’t always see eye-to-eye, the two departments ultimately have a symbiotic relationship. Without a good product, even the best marketing campaigns will fall flat. And without good marketing, even great products will eventually disappear into obscurity. But there’s a problem. According to a 2022 study , 40–60% of marketing budgets were wasted due to inefficiency, poor communication, and misaligned productivity tools.

article thumbnail

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.

article thumbnail

Project Management Principles: Ultimate Guide to the Top 5 FAQs

Online PM Courses

When PMI articulated 12 Project Management Principles in PMBOK 7, it was a new idea for PMI. But the idea itself was not a new one. The post Project Management Principles: Ultimate Guide to the Top 5 FAQs appeared first on OnlinePMCourses.

PMI 78

More Trending

article thumbnail

Ultimate Guide to Digital Marketing Project Management: Best Practices, Benefits, and Helpful Templates

GanttPRO Project Management

Digital marketing projects play a significant role in the strategies of many businesses since they help tell product stories and attract new clients. Effective digital marketing project management ensures alignment […] The post Ultimate Guide to Digital Marketing Project Management: Best Practices, Benefits, and Helpful Templates first appeared on GanttPRO Project Management Blog.

52
article thumbnail

Breaking down the P5 Standard for Sustainability in Project Management: Training and Qualification

Green Project Management

Training and qualification are crucial for ongoing development and project success. At GPM, Training and Qualification is an element under the “Labor Practices and Decent Work” category in the P5 Standard, and it is an important one. According to the P5 Standard, practices for Training and qualification that project team members have the necessary skills […] The post Breaking down the P5 Standard for Sustainability in Project Management: Training and Qualification appeared fir

article thumbnail

15 Project Management Challenges & How to Overcome Them

ProjectManager.com

Project management is all about solving problems before they happen. That’s why you make a plan, schedule tasks and monitor the work to make sure you’re staying on track. But even the best planning isn’t going to avoid challenges throughout the project. Let’s look at 15 project management challenges and how to deal with them. 15 Project Management Challenges You Should Prepare for Here are the most common challenges project managers face in their day-to-day lives.

Estimate 317
article thumbnail

Extreme Project Management XPM

ActiveCollab

> "Extreme project management is the art and science of facilitating > and managing the flow of thoughts, emotions, and interactions in a > way that produces valued outcomes under turbulent and complex > conditions: those that feature high speed, high change, high > uncertainty, and high stress." - Doug DeCarlo, author of eXtreme > Project Management > [[link] From the development of new technologies and shift in customer needs to economic conditions or some new groundbreaking ideas, several pro

article thumbnail

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

article thumbnail

The Power of Adaptability: Why Defining Requirements Up Front Doesn't Align with Scrum

Scrum.org

In the realm of agile methodologies, Scrum stands as a guiding beacon, promoting flexibility, collaboration, and incremental progress. Central to Scrum is the delivery of value in small, usable increments. The purpose of every Sprint is to deliver a done increment that meets the Sprint goal. For this reason, defining requirements up front is not compatible with Scrum, because Scrum teams don’t deliver value in one “big bang”.

Defining 170
article thumbnail

Stability! It's a good thing

Musings on Project Management

Stability!It counts for a lot.It implies -- for behaviors and management decisions -- predictability, reliability, under-control (but not risk-free, of course), coherent narrative, steady-state goals, and a strategy that is understandable to those who have the job of implementing it.

article thumbnail

Project Portfolio Manager Job Description

ProjectManager.com

While there are similarities between a project manager and a project portfolio manager, they’re different positions with different responsibilities. Let’s take a look at what a project portfolio manager is, what skills and education the position requires and end with a sample job description to help you fill that position. What Is a Project Portfolio Manager?

article thumbnail

Impact of AI: 10 Key Industries Experiencing Dynamic Shifts

Binfire

Artificial Intelligence (AI) has been the most discussed in the technological world since its arrival. Companies worldwide use AI-based technologies to automate their operations to improve efficiency. There is a surge in demand for AI technology as it is advantageous to key industries in streamlining their operations. A statistical report by Grand View Research suggests that the worldwide market size of Artificial Intelligence (AI) is predicted to reach $ 1,811.8 billion.

article thumbnail

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.

article thumbnail

The Peril of Adhering to Legacy Systems, Processes, and Practices

Scrum.org

TL; DR: Adherence to Legacy Systems, Processes, and Practices Administrative overreach and micromanagement in Scrum mainly arise from clinging to legacy systems and traditional (management) practices, leading to rigidity and misapplication of Agile principles. The excessive control by stakeholders and the management level stifles creativity and adaptability, disrupting planning and hindering a Scrum team’s growth.

Process 169
article thumbnail

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.

article thumbnail

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.

Planning 370
article thumbnail

Making the Impossible Possible – Expectations, Loss, and Loss Leaders

PM Times

“It always seems impossible until it’s done.” Nelson Mandela Projects burdened by impossible objectives tend to fail, disappoint, and burnout performers. They are a sign that the decision-making process is broken. To avoid failure, make sure there is a solid understanding of the difference between possible and impossible goals and objectives and a well-thought-out […] The post Making the Impossible Possible – Expectations, Loss, and Loss Leaders appeared first on Pr

Process 98
article thumbnail

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.

article thumbnail

Uncovering the Essentials of Skilled Facilitation for Agile Teams

Scrum.org

Adaptation of Kaner’s diamond model of participation (source Carrie Kappel 2019) Techniques and Training for Top Scrum Facilitation Skills Scrum is a framework that thrives on communication and collaboration. Its efficacy rests heavily on well-executed facilitation to steer teams toward their goals. Professional Scrum facilitation skills are crucial tools for effective Agile team facilitation, and these skills empower Scrum Masters and team members alike to direct conversations and decision-maki

Agile 165
article thumbnail

What Makes Fixed Indexed Annuities Stand Out in Investment Choices?

Productivity Land

Indexed Annuities operate on a simple yet innovative premise. They blend fixed and variable annuities characteristics to offer a distinctive investment avenue that has garnered attention even in allianz indexed annuities reviews. These annuities are linked to an underlying market index, enabling investors to reap rewards based on the index’s performance.

article thumbnail

How to Give Employee Feedback: Examples & Best Practices

ProjectManager.com

Getting the best out of an employee requires more than giving that person orders. They need direction, of course, but employee feedback creates a conversation that educates both the employee and the employer. It’s a mutually beneficial relationship based on trust, communication and career advancement. What Is Employee Feedback? Employee feedback is the exchange of information between an employee and an employer.

article thumbnail

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.

Agile 62
article thumbnail

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.

article thumbnail

How the Developers support Adaptation (32)

Scrum.org

Remember that Scrum is founded on empirical process control, and that adaptation is the third pillar, following transparency and inspection. Each of the Scrum accountabilities participates in one or more adaptations. If you feel that something needs to be adapted to any aspect of your initiative, check who could best start taking action. ? Adaptation is making adjustments in order to minimise any deviations to acceptable limits related to agreed goals.

SCRUM 171
article thumbnail

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

2023 78
article thumbnail

How to Run Team Meetings: Tips & Best Practices

ProjectManager.com

What Is a Team Meeting? A team meeting is a scheduled event in which people involved in a project will get together and have a conversation about topics related to that work. Meetings come in many forms, but the more effective ones have an agenda created by the team leader that outlines what is to be discussed. A secretary captures the meeting minutes, which are a summary of the discussion.

article thumbnail

How mergers and acquisitions can cement IT as a strategic business partner

Project Accelerator News

Despite the slow economy and provisional estimates which suggested lower mergers and acquisitions (M&A) activity at the start of 2023, there were 365 mergers and acquisitions involving UK Companies during Quarter 1 (Jan to Mar) 2023 according to the Office of National Statistics. There were inward M&A (foreign companies acquiring UK companies) in Quarter 1 2023 was £12.7 billion; and the total value of outward M&A (UK companies acquiring foreign companies) in Quarter 1 2023 was £2.9

2023 52
article thumbnail

From Concepts to Actionable Insights: Powering Digital Transformation Success

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

70% of most digital transformation projects fail. Learn how you can quickly improve that success rate. To be successful, digital transformation involves the strategic application of digitalization to improve a business’ entire system of production, procurement, sales, operations, human resources, and financial management. In short, to basically transform the way a company makes money and delivers value to customers.