Sat.Feb 10, 2018 - Fri.Feb 16, 2018

article thumbnail

Evaluating Project Schedules Utilizing Quantitative Risk Analysis

Project Risk Coach

Do you remember the first time you missed a project deadline? I do. I recall the embarrassment for me and my team. I promised myself I would take proactive steps to mitigate this outcome for future projects. Why do projects take longer than expected? Often times, risks occur and project managers lack adequate schedule reserves. Once burned, many project managers start a bad habit – padding their project schedules.

Risk 150
article thumbnail

What I’m Reading

Rebel’s Guide to PM

This article, What I’m Reading , first appeared on Girl's Guide to Project Management. I have to get new glasses and I’m trying to give my eyes a rest from screen time by reading more on the train. Actually, my optician said that it’s not the screen itself that’s the issue, it’s the distance – having your eyes focused on one distance all the time is hard work for them.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Illuminating the path

Musings on Project Management

Here below I shamelessly reprint a posting from herdingcats. Why? Because Glen's point about the purpose of plans is to illuminate possibilities; not to constrain critical thinking, common sense, and accommodation for changing facts, is profound. Everyone who practices project management or team management should understand that. From herding cats: In the space of two days I had evolved.

Planning 150
article thumbnail

Have we learned anything?

Kiron Bondale

In a recent role, I had the opportunity to review the lessons submitted by teams running large, complex projects and programs and found that over 90% of what was being captured and shared was of low or no value. Back in April 2009, I published my very first blog article titled “ Lessons Learned; Avoid the Oxymoron “ Since that time, I’ve gained a broader appreciation of the multiple challenges organizations face when trying to get sustainable, reusable knowledge out of projec

2009 159
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

The Yin-Yang of Productivity

Digite

This year’s Nobel for Economics has gone to the Behavioural Economist Richard Thaler. Richard is a Distinguished Professor at the Chicago Booth Business School. His big work is the influence of clues and society on individual decision making and actions. The field of Behavioural economics has fascinated me ever since I read Daniel Kahneman’s bestseller “ Thinking Fast and Slow ”.

Energy 130

More Trending

article thumbnail

How Marketing Agencies Stay Productive: Larry Meador of Evok

Boost by Brightpod

This week we feature Larry Meador, CEO at Evok Advertising. Evok Advertising Agency Orlando is a full service, award-winning Orlando advertising agency with strategic planning capabilities proven to deliver results.

Planning 111
article thumbnail

The Four Essentials of Project Team Leadership

Online PM Courses

Team Leadership itself is not hard. What makes it difficult is fitting it in among a load of other project priorities that are facing you. You’re under pressure to do this and do that. So, you often default to a combination of doing it yourself, telling people what to do, and getting annoyed with a general lack of progress. And, if this is your first opportunity to lead a project team, you want to do well.

article thumbnail

Save Time in 2018 With the Update to LiquidPlanner Timesheets

LiquidPlanner

If improving your efficiency is a professional goal for you this year, our latest product update delivers the ultimate tool. With the updated LiquidPlanner Timesheets , you’ll shave off approximately 15 to 30 seconds per entry, which adds up to more than an entire work day of saved time per year! What’s new? Along with the time entry process, additional features have been simplified to allow users to get their time entries into LiquidPlanner quickly and without delay.

2018 60
article thumbnail

A New Way to Recognize the Achievements of Project Managers

The IIL Blog

By Harold Kerzner, Ph.D. Senior Executive Director for Project Management, IIL. Introduction: The 2018 Winter Olympics in PyeongChang are well underway, with athletes from all over the world being awarded medals for their achievements. Military personnel, police departments, and other professional organizations also recognize the achievements of their labor force through medals and ribbons.

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

11 Things Project Managers Can do to outperform Themselves in a New Company

Taskque

Project Manager Smith rolled through the security gate of his new office. He nodded to the security guard and the guard smiled in acknowledgement. Smith picked up a freshly brewed cup of latte from the downstairs cafeteria – the earthy aroma with a subtle undertone of hazelnut always served to tantalize his senses. It was his first week as a Project Manager and Smith was increasingly feeling apprehensive about impressing the board of directors with his dedication and hard work.

article thumbnail

Aleatory Uncertainty Creates Irreducible Risk

Herding Cats

Yesterday's Post Epistemic Uncertainty Creates Reducible Risk and What Is Risk? was a response to a tweeter post conjecturing. Risk is not there to be mitigated, it's there to be eliminated. This, of course, is not factually true. Risk is the result of uncertainty, which comes in two kinds for all projects, for everything actually. Aleatory uncertainty, from the naturally occurring variances in the process and Epistemic uncertainty from the probabilistic event-based processes that impact the

Risk 37
article thumbnail

How to Create an Effective Project Schedule

Brightwork

Whilst planning your project schedule and timelines is no easy feat, getting the plan as right as possible before work commences is vital. After all, the plan will help you allocate resources, provide a baseline for performance management, and enable tracking as the project progresses. Of course, if you do develop a well-considered plan, you also need to work hard to ensure your team sticks to it.

article thumbnail

How to meet the deadline every time?

ActiveCollab

The answer is simple: push yourself until you can take no more, and then take a step back. There you go - welcome to your sweet spot! This one goes out to the fellow team members: if you haven’t already, you will face an unrealistic deadline at some point in the future. This necessary evil of project management is usually caused by someone’s inability to determine how much time is required for a task to be completed - that someone can either be you or your project manager.

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

Organization v management

Musings on Project Management

We organize with hierarchies; we manage through networks More or less, that idea is the theme of historian Niall Ferguson's book "The Square and the Tower". Simply said, the orgainizing principle of bureaucracy is the hierarchy -- span of control; process flow-down; interchangeable people (to an extent) such that no one is indespensible -- everyone ages out!

article thumbnail

Epistemic Uncertainty Creates Reducible Risk

Herding Cats

Yesterday's Post What Is Risk? was a response to a tweeter post conjecturing . Risk is not there to be mitigated, it's there to be eliminated. This, of course, is not factually true. Risk is the result of uncertainty, which comes in two kinds for all projects, for everything actually. Aleatory uncertainty, from the naturally occurring variances in the process and Epistemic uncertainty from the probabilistic event-based processes that impact the project.

Risk 37
article thumbnail

Themesparx selects Hydra & Evidence and Change to optimise resource scheduling

Hydra

Themesparx selects Hydra and Evidence and Change to optimise resource scheduling and project planning.

article thumbnail

How to Create a Project Team Culture with Colin Ellis

Rebel’s Guide to PM

This article, How to Create a Project Team Culture with Colin Ellis , first appeared on Girl's Guide to Project Management. I recently did a Live Q&A with Colin Ellis in my Facebook group. Are you a member yet? Sign up for the Facebook Project Management Cafe and join in the discussion. We discussed creating a project team culture. You can watch the video or read the transcript below.

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

Positive vs Negative Risk in Project Management

TimeCamp

Risk in Project Management Managing a project is not only about being in charge of.

article thumbnail

Uncertainty creates Risk, Decisions in Presence of Uncertainty Requires Estimating

Herding Cats

According to ISO 31000, a risk is the effect of uncertainty on objectives and an effect is a positive or negative deviation from what is expected. This definition recognizes that all of us operate in an uncertain world. Whenever we try to achieve an objective, there's always the chance that things will not go according to plan. Every step has an element of risk that needs to be managed and every outcome is uncertainty.

article thumbnail

Project Management and SharePoint – Where’s the Fit?

Brightwork

Highly configurable, the SharePoint platform is perfectly suited to the function of project management. Before we can look at the benefits and possibilities of SharePoint for project management, it’s important that we have a common understanding of what project management is, so we can map that process to a SharePoint site. I know that many of you involved in project management could give me a much better and richer definition of project management, but for the purposes of this example, we will

article thumbnail

How to Be a Great Leader

LiquidPlanner

Here’s an interesting problem in today’s business world: One of the most indispensable skills for career advancement as well as for delivering successful projects is rarely taught at the university level. I’m talking about leadership. One reason many institutions don’t even attempt to teach leadership is that it far transcends academic instruction.

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

4 Killer Tips to Build Remarketing Campaigns That Deliver Results

Boost by Brightpod

In today’s post, we’re giving you many insightful tips and tricks that’ll help you build killer remarketing campaigns that will always deliver results. Pay attention and apply!

68
article thumbnail

Quote of the Day

Herding Cats

In the space of two days I had evolved two plans, wholly distinct, both of which were equally feasible. The point I am trying to bring out is that one does not plan and then try to make circumstances fit those plans. One tries to make plans fit the circumstances - George Patton. Any suggestion that plans and planning are not part of project management, no matter the approach - agile or traditional - wilfully ignores the purpose of a plan.

article thumbnail

Baseline Budget for your Project Management Direct and Indirect Costs Control Services

WorkOtter

Baseline Budgets One of the major limitations when it comes to starting a project is cost. One of the biggest challenges that awaits a project manager is determining exactly when to set a budget baseline. If you are looking to start a successful project, then you must be willing to spend. Now, the question is: […]. The post Baseline Budget for your Project Management Direct and Indirect Costs Control Services appeared first on SaaS Resource & Project Management Software | WorkOtter.

Budget 60
article thumbnail

The Difference Between The Kanban Method and Scrum

Digite

Introduction. Continuing our theme of helping Agile teams understand the Kanban Method, so they can effectively adopt it for their improvement efforts, I am again honored to publish a guest article by another great friend of ours – Dave White. Dave is a Principal Consultant at Depth Consulting Ltd, and Program Director of the KCP Program at the Lean Kanban University.

Cadence 94
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.