Sat.Aug 20, 2022 - Fri.Aug 26, 2022

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Top 5 Reasons for Project Failure in a Multi-Project Environment

Epicflow Blog

The Wellingtone report on the state of project management in 2021 has shown that only a third of organizations deliver their projects on time and within budget. It means that the majority of companies face project failure to a greater or lesser degree. . In a complex multi-project environment, the price for improper project and/or resource management is higher due to dependencies between initiatives, and a problem with one project can negatively impact the other projects.

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7 Questions to Ask Your Team for Better Project Engagement

LiquidPlanner

Better project engagement can lead to better outcomes. In the project management world, we’re boldly aware of how crucial team synergy is to the project at large. . Information silos? Missed memos? Lackluster processes? No project team has time for that. . To truly thrive and meet stakeholder and organizational expectations, team project engagement must be a top priority. .

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A Guide to Project Closure: 12 Essential Things To Do

Rebel’s Guide to PM

It’s project completion time. That’s the last step of the ‘traditional’ predictive (waterfall) project lifecycle, but even agile projects close. This is the time that project managers wrap up the work. You’re at the end of your project. Your timesheet has a few solitary hours left to book against this work. It feels like the end of an era, but it isn’t over just yet.

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How to Calculate Percent Complete in Project Management

ProjectManager.com

When you’re managing a project, you have to track your team’s progress while they execute their work to stick to your schedule. This is done with task management, and one of the cornerstones of task management is knowing the percent complete of the task. By calculating the percent complete of a task, you can see how much has been completed and how much work is left.

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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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What is a Project Baseline? | Video

Online PM Courses

A new Project Plan needs a Baseline. It's how we keep ourselves honest, as Project Managers. But, what is a Project Baseline? The post What is a Project Baseline? | Video appeared first on OnlinePMCourses.

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When a Successful Project Isn’t

International Institute for Learning

By Steve Blais, PMP, PMI-PBA. Project managers are well versed in the various constraints that are used to determine project success: cost (budget), time (duration) and scope. And, certainly, the constraints can be used to objectively assess the success of a project: We did everything we intended to do within the timeframe and budget allocated for the job.

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The waterfall model: classic project management explained simply

Inloox

The waterfall as a classic approach for projects In the run-up to a project, a decision must always be made as to which method is most suitable for the specific case. Here, the project manager is spoiled for choice. Some of the most common methods are, for example, the critical path method , Kanban, Scrum or Scrumban , which combines elements of the two previously mentioned methods.

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The Definitive Guide to Project Sponsors

Rebel’s Guide to PM

Every project needs a sponsor. In this article, we’ll look at why that is and how you can work with a project sponsor as a project manager. You’ll learn tips and techniques for engaging senior leaders in the role so you can build effective working relationships and act as a team. What is a project sponsor? A project sponsor is someone who champions the project, providing resources and support.

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Do you have a Safety-I or a Safety-II project mindset?

Kiron Bondale

Thanks to the most recent issue of Tom Geraghty’s weekly Psychological Safety newsletter , I learned about a new model for how we consider safety and risk. He shared Eric Hollnagel’s work on resiliency in which two distinct mindsets were identified: Safety-I and Safety-II. A Safety-I perspective is a glass is half-full one – things go wrong and we can find assignable causes in people, process and tools.

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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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Manufacturing Cycle: A Quick Guide

ProjectManager.com

By the time a product shows up on the shelf, it’s been through a much longer journey called the manufacturing cycle. Each product is manufactured from raw materials that need to be procured before the product hits the market. The manufacturing cycle is an essential part of all types of manufacturing. Let’s define the manufacturing cycle, chart its steps and look into related terms such as manufacturing cycle time.

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Facilitation tips for Daily Scrum

Scrum.org

So you recently started using Scrum and are struggling to get the most out of the Scrum events? Or, maybe your journey with Scrum has been going on for some time and you still feel that something is missing in your meetings. I hear you! It might be challenging to switch from well known and understood habits and practices, and introduce changes to your process of complex problem solving.

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Methodologies: more than one way to do it

Musings on Project Management

Did everyone catch Glen Alleman's posting on LinkedIn about the 'Waterfall Myth'? If not, here are a few value-adds from that posting. First up: Glen's definition of sundry methodologies for developing software systems, whether stand-alone, as it were, or embedded with hardware development: Waterfall Approach: Development activities are performed in order, with possibly minor overlap, but with.

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The 6 central roles of the project manager

Inloox

Content. The initiator. The role model. The coach. The negotiator. The listener. The working member. The importance of managing a project The project manager plays a very central role in the entire project process. He is responsible for planning, coordinating and monitoring the project. His behavior determines whether the project will be a success or fail at the end of the 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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5 Must-Have Resource Management Tools

ProjectManager.com

Resource management tools are an essential part of any project management software. Every project has materials, tools, equipment, people or resources to manage. No matter how good your project plan is, if you can’t manage your resources, your project will suffer. Before we identify the five most important resource management tools, we need to define resource management and the software that’s used during projects to control them.

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10 Thesen zur Definition of Done

Scrum.org

In Kürze: Prinzipien der Definition of Done. Angesichts der Bedeutung einer praktikablen Definition of Done für den Erfolg eines Scrum-Teams hat es mich immer wieder verwundert, wie nachlässig oder unwissend viele Scrum-Teams in Bezug auf ihre Definition of Done sind. Lassen Sie mich daher erste Prinzipien dieses kritischen Scrum-Erfolgsfaktors mit Ihnen diskutieren, die Ihnen helfen werden, die Effektivität, den Teamgeist und die Reputation Ihres Scrum Teams zu verbessern. ??

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How AI Helps with Productivity & Prioritization

LiquidPlanner

You may think that artificial intelligence (AI) is a technology that isn’t very relevant to your current work life. Perhaps you believe that this technology will be more relevant in another decade. But the age of utilizing artificial intelligence in your everyday work life is here. Artificial intelligence can help project managers do their jobs more easily and efficiently.

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What does the daily routine of a successful project manager look like?

Proofhub

Daily routine of a successful project manager How do you uncover the secrets behind success stories? One way is to break down people’s daily routines. Project managers’ days are action-packed?—?full of problems to solve and people to meet. So how do they effectively bring order to such chaos? They prioritize ruthlessly. They follow strict timelines.

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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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Agile Governance Demystified

Leading Agile

What is Agile governance? Simply put, Agile governance is a way to maximize the flow of value within an organization in the fastest way possible. Seems straightforward, and it is when you’re applying it inside a relatively new and small organization. In small, lean startups, there aren’t a lot of legacy processes and systems in place to overcome, and your teams are small and conducive to an Agile governance model.

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SUCCESSFUL FACILITATION - What is facilitation?

Scrum.org

On a recent episode of SUCCESSFUL FACILITATION on the Agile for Humans YouTube channel , Professional Scrum Trainers Todd Miller and Ryan Ripley open their new series on facilitation with the obvious question: What is facilitation? During their discussion, Ryan and Todd defined facilitation and how excellent facilitation can positively impact an organization.

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Hire The Perfect Project Manager for Your Marketing Agency

Function Point

Marketing agencies in the digital era often struggle with juggling too many different tasks and deadlines. To be cost-effective and successful, a marketing agency should be effective in handling its resources and team members to ensure it achieves its objectives using as few resources as possible to stay within budget. This can be easier said than done, and this is where the project manager role is increasingly becoming very important in marketing agencies.

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How to Create a Sprint in Jira?

Agilemania

It’s a well-known fact that the faster you can get new products to market, the more likely your business will thrive in an increasingly competitive market. But what does this mean for your organization? Well, it means that you need to streamline your product development processes and reduce the amount of time wasted on red tape and unnecessary paperwork.

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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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Project Management Office Definition and Purpose

The Strategic Project Manager

This post gets down to the basics of the Project Management Office (PMO): What is a PMO, what is its purpose, and why do you need one (or more) in your organization? Is There a Single Project Management Office Definition? The acronym ‘PMO’ can actually refer to any of the following: Portfolio Management Office – focused at the strategic level, collaborating heavily with executive management on prioritization of project and program initiatives to achieve strategic goals.

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The balance of power in Scrum

Scrum.org

I think of the three accountabilities in the Scrum framework as creating a balance of power. The Product Owner owns the content and ordering of the Product Backlog, which describes what the team will work on. The Developers own how to deliver their work. And the Scrum Master helps to maintain the balance between them. But what happens when an individual fulfilling one (or more!

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What Is Problem Management? Everything You Need to Know About It

nTask

Whether you are an entrepreneur, a successful businessman, or the CEO of a giant multinational, problems are bound to arise. No matter how meticulously you plan every more or how much capital you invest, you will not be able to free yourself from unfortunate circumstances, if and when they occur. Remember, encountering a problem does […].

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Answering 3 Key Automotive Industry 4.0 Questions

Planview

Vehicle factory shutdowns due to a microchip shortage, an automotive CEO losing his job for software concerns, and millions of connected cars on the road. No doubt about it, Automotive Industry 4.0 is here. Technology-related issues that weren’t a concern just five or ten years ago are now top of mind as customer demands and a rapidly changing industry push automakers and OEMs in new directions.

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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.