Sat.Feb 17, 2018 - Fri.Feb 23, 2018

article thumbnail

The 10 Risk Management Commandments You’re Breaking Every Day

Project Risk Coach

I fear that many project managers live by the letter of the law and may fail to gain the true benefits of risk management. These individuals are too concerned with checking boxes and making the risk management processes overly complex. Let’s look at some common mistakes and how to overcome them. 1. Thou shalt not make risk management complicated. Every project is different.

article thumbnail

How to Create a Project Assumptions List: Examples and Template Included

Project Bliss

. When my daughter was very little she came home from school one day and told me the saying about assumptions: When you assume, you make an ass out of you and me. Gasp! “Where did you hear that, honey?” “At school, Mommy. Our teacher told us.” Yes, you’ve heard that one. I just didn’t expect my little one to learn that saying so early in her life.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Can agile teams be virtual?

Musings on Project Management

Somebody asked: can a virtual team do Agile? 15 years ago, the answer might have been no. Seven years ago, more less pre smart phone and smart-phone networking, the answer was probably yes, but with reservations. Now, the answer is "Of course", with some adjustments. Here are my thoughts on this. The communications channel: Virtual teams often begin by emulating the behavior and.

Agile 191
article thumbnail

The Pareto Principle is alive and well in project management

Ron Rosenhead

So let’s start with a definition or an understanding of the ‘Pareto Principle’? “The Pareto principle (also known as the 80/20 rule) states that 80% of the results come from 20% of the causes.”. Let me give you an example of how I used this many years ago. I was the training manager in a company that had a centralised typing pool (I did say it was many years ago).

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

RBS is one more technique for your estimation tool belt!

Kiron Bondale

Project managers need to be comfortable with different estimation techniques. Foundational project management courses will teach you about analogous, bottom-up, parametric and three-point estimating. Take a course covering agile delivery and you’ll learn about relative sizing techniques such as estimating poker or t-shirt sizing. But have you heard of RBS?

Estimate 136

More Trending

article thumbnail

How to Manage a Remote Team and Stay Productive (From the World’s Top Remote Startups)

Planio

As far as changes to the way we work, few things have had as much of an impact as the rise of remote work. And why not? As our jobs shift from menial repeatable tasks to more independent, cognitively demanding roles the need to be constantly supervised has dropped dramatically. Add to that a plethora of powerful tools that make collaboration and communication easier than ever and it’s no wonder that remote work is seeing such high adoption.

article thumbnail

Talent Management of The Future

Leading Answers

We have shifted to Knowledge Work, but how do we find, develop and retain knowledgeable workers? This post examines Talent Management from two perspectives. First, what works well for agile teams. Second, how does the function change as organizations evolve, showing us how talent management may be done in future. Let’s start by understanding what talent management covers.

article thumbnail

C.R.A.C.K. customers

Musings on Project Management

Barry Boehm on the C.R.A.C.K. Customer Dr. Barry Boehm, a noted software methodologist with a long and illustrative career at TRW, DARPA, and USC, and author of the COCOMO model and Sprial methodology, writes about the ideal customer for agile projects. They are: -- Collaborative: they will engage with their customer peers and with the development team -- Representative: they know the.

Agile 150
article thumbnail

Your Guide to Accurately Estimating Projects

LiquidPlanner

Estimation is an invaluable tool for anticipating and managing project uncertainties. Accurate project estimates help identify cost and schedule requirements with relative precision, and reduce the risk of running out of time, resources, and budget during a project. But even with years of experience, project managers struggle with accurate project estimates.

Estimate 113
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

Scrum Master vs Project Manager vs Product Owner and More

PM Basics

Eh? Scrum Master vs. Project Manager vs. Product Owner? Sound like comparing apples with oranges. However, in real life, project managers lead scrum teams. Scrum Masters do need project management tools and techniques. I’m asked this kind of questions so many times that I decided to create this in-depth article on roles in different project management frameworks.

SCRUM 111
article thumbnail

Agile Management

Binfire

You have probably used or heard about Agile Project Management , but chances are not about company-wide Agile management practice. To be successful today, businesses need to be agile not just in managing their projects but in everything they do in their businesses. From human resources to manufacturing, procurement, sales, and marketing all aspects of a business needs to run on agile principles for a company to become Agile.

Agile 99
article thumbnail

Dr. Harold Kerzner Q&A: How Changes in Project Management Are Supporting Agile and Scrum

The IIL Blog

This past November as part of IIL’s IPM Day online conference , Dr. Harold Kerzner delivered a keynote on “ How Changes in Project Management Are Supporting Agile and Scrum. “ . The keynote discussed how, over the years, project management has undergone continuous improvement efforts by extracting best practices from other management practices such as Six Sigma.

SCRUM 96
article thumbnail

Celebrating Project Success: 5 Things You Can Do

LiquidPlanner

One of the by-products of being an engineer, a project manager, and having served over two decades in the military is that I tend to focus on what’s going wrong, or could go wrong, on a project instead of acknowledging project success. While this is a great mind-set for solving problems and performing risk management, in the realm of managing people it falls short.

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

Extending Portfolio Kanban with Enterprise Services Planning

Digite

Transformation approach using the enterprise services view, balancing system demand with capability, planning and prioritization using a visual decision framework, using decision support analytics like probabilistic forecasting and cost of delay. This post extends further on the possibilities of Portfolio Kanban for Enterprise Transformation , building on your reading of the previous posts in this series.

article thumbnail

Wrike Alternatives

Binfire

Wrike is a popular project management application used by many and in different market segments. It has a nice feature set which is more than just task management.This article is about Wrike and Wrike alternatives. Like all things in life, one size does not fit all and one application does not fit every project’s needs. Although Wrike might be well suited for some projects, it lacks features, ease of use or structure to support other projects.

article thumbnail

12 Kanban Board Examples for Beginners

Paymo App

Kanban boards are visual task organization tools that can help you manage and oversee your project’s development faster and more accurately. You can move tasks (placed on cards) from one column to another with a drag-and-drop action until they are completed. Also known as progress boards, they are great for any task, be it personal or work-related, regardless of industry.

article thumbnail

Getting Started with Project Management

Redbooth

Getting Started with Project Management. In 2013, Moz learned the hard way what can happen when a project gets derailed. The project, Moz Analytics, was rushed, full of bugs, unpopular with customers, and delivered two years late. If that wasn’t bad enough, the project stalled development on core products, causing Moz to lose customers to competitors.

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

How Coaching Skills will Make You a Better Project Leader

Online PM Courses

Coaching is more than just a flavor-of-the-month management fad. It’s a helpful approach to getting better performance from colleagues, and supporting their long-term professional development. Coaching is therefore a valuable skill for project leaders. It will help you with day-to-day project delivery, and with developing team members over your whole project lifecycle.

article thumbnail

Your Guide to Accurate Project Estimate Projects

LiquidPlanner

Estimation is an invaluable tool for anticipating and managing project uncertainties. Accurate project estimates help identify cost and schedule requirements with relative precision, and reduce the risk of running out of time, resources, and budget during a project. But even with years of experience, project managers struggle with accurate project estimates.

article thumbnail

How Automatic Time Tracking Can Help with Project Management

Paymo App

Last updated: February 2018. We all know that putting in the effort to be more organized pays up in the end. But it’s a serious hassle. Especially when it comes to time tracking. As a project manager or business owner, you want your team to work without interruptions and distractions. This case is mostly valid when they multitask heavily. The truth is that many people don’t like tracking their time.

2018 90
article thumbnail

Talent Management of The Future

Leading Answers

We have shifted to Knowledge Work, but how do we find, develop and retain knowledgeable workers? This post examines Talent Management from two perspectives. First, what works well for agile teams. Second, how does the function change as organizations evolve, showing us how talent management may be done in future. Let’s start by understanding what talent management covers.

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

What is CPM (Critical Path Method)? | Video

Online PM Courses

The Critical Path Method (CPM) is one of the core planning and control methodologies that project managers use. So, what is the Critical Path Method? So, what is the Critical Path Method? And what is Critical Path Analysis (CPA)? Dr Mike Clayton is founder of Online PM Courses.com. Here, he answers this question, in under 5 minutes. Project Management in Under 5.

article thumbnail

Resource Allocation Project Management Software PPM Project Planning and Time Management Schedule Tools

WorkOtter

10 Resource Allocation Tips for Managers Resource allocation can also be considered a plan, which you develop using the resources that are available at your disposal during a project. Resource allocation is a short-term goals road map. We have compiled a list of the top 10 tips to help managers to allocate resources effectively: 1. […]. The post Resource Allocation Project Management Software PPM Project Planning and Time Management Schedule Tools appeared first on SaaS Resource & Proj

article thumbnail

Combining PRINCE2 and Scrum

Prince2

The Six Nations Championship is underway, which has us thinking about project management (of course). Dr Jeff Sutherland and Ken Schwaber actually invented a rugby-inspired management process named Scrum back in 1995. Like a rugby scrum, its short meetings offer a chance for project team members to reset and regroup. PRINCE2’s 2017 update and the PRINCE2 Agile course make it easier than ever to play PRINCE2 and Scrum on the same team.

Prince2 53
article thumbnail

Talent Management of The Future

Leading Answers

We have shifted to Knowledge Work, but how do we find, develop and retain knowledgeable workers? This post examines Talent Management from two perspectives. First, what works well for agile teams.

Agile 68
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.