Sat.Oct 30, 2021 - Fri.Nov 05, 2021

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Project Risk Management: From Principles to Methods

Project Risk Coach

The Project Management Institute (PMI) recently published the Project Management Body of Knowledge Guide (PMBOK®), Seventh Edition which is radically different from previous editions. In this article, let’s see how the PMBOK® Guide, Seventh and Sixth Editions differ, explore the Risk Principle in the Seventh Edition, and look at how risk management methods relate to principles.

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Beware the bored team member!

Kiron Bondale

(Thanks to Andy Kaufman for inspiring this week’s article). Those of us who have raised small children are familiar with the complaint “I’m bored!” which is almost as annoying as “Are we there yet?” This is more common currently than when I was growing up. Expressing boredom in those days was like issuing an open invitation for your parents to assign you some “interesting” chores.

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Why are people leaving project management?

Rebel’s Guide to PM

Nearly 1 in 5 project managers have considered leaving their job: 37% of professionals have thought about quitting project management in the past year. The figures look even worse for those who identify as having ‘some project management experience’: 41% have considered or seriously considered leaving it all behind and finding a different career.

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5 Tips for Better Agile Release Planning

ProjectManager.com

If you’re working in software development, you know that the software development life cycle can often be frenetic. Product features and stakeholder requirements constantly change, and your initial product development plan might look very different as the project evolves. Agile release planning, also known as scrum release planning, is an alternative to the traditional waterfall approach.

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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 to gather stakeholder feedback in a remote environment

Scrum.org

As a Professional Scrum Trainer, I love working from home, but engaging with others in a remote environment can be challenging. If you’re using Scrum remotely and need stakeholder feedback to order your Product Backlog, here are a few ideas for how to gather it virtually. Business Value Game. Buy a feature. 20/20 vision. Three votes. Sentiments. . Business Value Game.

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Managing Multiple Projects: The Research

Rebel’s Guide to PM

What are the key skills for working on multiple projects simultaneously? What tools do you use to prioritize your work? How do you get through the day when you’re juggling All. The. Things? I posed these questions (and more) to our community and the insights were illuminating. And unfortunately, not in a good way. In this article, we’ll dive into the statistics and you’ll learn: The top challenges facing people managing several projects at once The key skills required for managing multiple proje

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Project Management Fast Tracking: How to Fast Track a Schedule

ProjectManager.com

Fast-tracking in project management is a way to manage time, schedule and activities. This method rejects traditional project management methodologies to work in a way that allows for quicker project execution. But is fast-tracking right for you and your project? Read on to learn exactly what it means to fast-track a project and how it differs from other techniques in dealing with the project scope.

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Maximizing Utilization, Ignoring Slack Time — Making Your Scrum Work #22

Scrum.org

TL; DR: Maximizing Utilization as a Relic from the Industrial Management Past. There are plenty of failure possibilities with Scrum. Since Scrum is an intentionally incomplete framework with a reasonable yet short “manual,” this effect should not surprise anyone. For example, what if the focus of the organization is on the maximizing utilization of the “workers” of the Scrum teams?

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15 Common Cognitive Biases That Twist Your Thinking

Project Bliss

These common cognitive biases are rampant and can easily skew your thinking. We’re all vulnerable to being misled and not thinking as clearly as we could – even when we think we’re behaving in our best interest. These cognitive biases can negatively affect our decision-making, critical thinking, and behavior, getting us stuck in ways that work against us.

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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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HBR Project Management Handbook [Review]

Rebel’s Guide to PM

There’s a new project management ‘bible’ in town and it could displace some of the weighty tomes you have on the shelf (Lock, I’m looking at you). Get your copy. The Harvard Business Review Project Management Handbook : How to Launch, Lead, and Sponsor Successful Projects is a masterclass in how to make project management work in modern businesses. Written by past PMI Chair and PM champion Antonio Nieto-Rodriguez , the book’s goal is to elevate project management competencies to management level

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2021 Guide On Bridging the Gap Between People Management & Project Management

nTask

Project managers in the organizational paradigm are primarily responsible for carrying all of the processes and tasks that are included in the project development process, on their shoulders. They are the backbone of the whole shebang and without them, everything will go to waste. As we all know, that the primary objective of the project managers is to complete all of the projects in their roster at the appropriate time with just the resources that are in the resource pool.

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How Leaders can support and leverage the Scrum Artifacts

Scrum.org

. Scrum Artifacts. In our final entry in the Scrum Guide companion for Leaders series (see parts 1 , 2 , 3 , 4 ) we turn to the Scrum Artifacts. Scrum’s artifacts represent work or value. They are designed to maximize the transparency of key information. Thus, everyone inspecting them has the same basis for adaptation. Each artifact contains a commitment to ensure it provides information that enhances transparency and focus against which progress can be measured: For the Product Backlog, it is

SCRUM 202
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The Simple Way to Fix Resource Management Issues

LiquidPlanner

If you’ve worked on projects for a while, you’ll know that making sure the right people are focusing on the right tasks at the right time is a perennial challenge. Managers want to know when the team will be able to take on new work, but they are tired of creating plans that don’t survive the week, due to new requests, changing priorities or any multitude of reasons that mean you’re dealing with uncertainty every day.

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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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Supply chain scheduling

Musings on Project Management

What can I say here that you've not heard before?First: we are living in a time of scarcity, and so strategies for allocating scarcity come to the fore.Second, demand for the scarce drives price -- no news there -- but demand itself may color supply and thereby schedule. Supply will not be directly correlated with price. Why? Because supply is what is going to be allocated, and price in dollars.

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7 Awesome Benefits of Outsourcing Project Management

nTask

Outsourcing is a process that involves both gaining advantages yet also facing certain drawbacks. And it is no different when you consider outsourcing project management. Creating the perfect balance of when outsourcing project management makes the most sense for you and your organization can help you reap the most advantageous situation and make the decision of whether you should outsource easier.

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Reflection on the 5 Year Anniversary of the PTN Program

Scrum.org

As we head toward the five year anniversary of announcing the Scrum.org Global Professional Training Network (PTN) program I have been reflecting on the value that this group of partner organizations has brought to Scrum.org, the Professional Scrum Trainer community and most importantly the students who have taken Professional Scrum classes from these partners. .

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Getting to Know the Agile Pillars

Leading Agile

The term Agile Pillars is just another name for the four core values that were laid out in the Agile Manifesto. They were intended to guide teams as they navigate their work. The Agile Manifesto Pillars are: Individuals and Interactions over processes and tools. Working software over comprehensive documentation. Customer collaboration over contract negotiation.

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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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How to Create a Risk Management Plan | Video

Online PM Courses

Risk Management is a big topic. But at its core is your risk mitigation plan. How will you deal with a particular risk? The post How to Create a Risk Management Plan | Video appeared first on OnlinePMCourses.

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How to Run Better User Interviews (Remotely and In-Person): A Step-By-Step Guide for Product Teams (With Free Template)

Planio

There’s an old saying that goes “If you try to be all things to all people, you won't be anything to anyone.” That’s why whenever you start a new project, prioritize features , or do product exploration, the biggest question you need to answer is who is actually going to use this thing? Without a clear picture of your ideal user, you’re stuck shooting in the dark and hoping you hit the mark.

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[VLOG] How To Run A Sprint Review. Properly | Scrum Guide 2020

Scrum.org

What is up awesome people? I hope you had a great week and delivering awesome products for your customers. So we have already learned how the Daily Scrum and Sprint Planning is commonly misunderstood. In today's vlog we will learn about Sprint Review. another Scrum events that has been widely misunderstood as a Demo or Showcasing or Acceptance Testing session.

2020 205
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12 Incredible Reasons You Should Get a SAFe® Agile Certification

Agilemania

Organizations small and large are always burdened with measures to change with turbulent times. For an organization to function effectively in a fast moving market, the existing structure must be analyzed and the flaws corrected. 46% of the organizations reported inconsistencies in practices and processes as their main challenge with agile transformation.

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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.

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The Biggest Pitfalls and Solutions of IT Resource Management

Epicflow Blog

Are you looking for ways to improve the IT resource management process? For a good reason – IT projects are believed to be the most challenging to manage, especially when it comes to their resources. . This is explained by the specific character of the domain: a resource manager has to deal with diverse teams that are often siloed or even globally distributed, keep their work on schedule, ensure they meet the customers’ changing demands, and so on. .

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If it’s Not an Unambiguous Yes… [How to Avoid Disappointment] | Video

Online PM Courses

A simple thought from me today. It's something I often tell people in live training. If it's not an unambiguous yes. Treat it as a 'no'. The post If it’s Not an Unambiguous Yes… [How to Avoid Disappointment] | Video appeared first on OnlinePMCourses.

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Product Owner, improvisación o adaptación

Scrum.org

La agilidad no ha parado de extenderse en los última década e incluso las organizaciones que miraban con recelo todo este movimiento están dando sus primeros pasos y viendo cómo pueden sumarse aumentando así su competitividad. ¿Cómo está conviviendo en estas compañías mentalidades tan diferentes? ¿Cómo están respondiendo los Product Owners a las necesidades?

SCRUM 204
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What is a KPI Report & Everything You Need to Know About KPI Reporting

nTask

If you are looking to answer questions such as how your team is performing or your company for that matter and want to do so quickly and accurately you need to be asking yourself another question first. That is what is a KPI report? And while KPI reporting is fairly common, let’s go back to the basics and remember what is a KPI report and understand how to create a KPI report so that your business can use the data to improve and reach its goals.

2021 78
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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.