Sat.May 06, 2023 - Fri.May 12, 2023

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Organizational Process Assets: What does that even mean?

Rebel’s Guide to PM

Project managers are often faced with the challenge of managing complex projects and ensuring that they stay on track. One key tool to success is understanding how to use organizational process assets effectively. But what is an organizational process asset (OPA)? I’ll confess: when I started out as a project manager, this was a piece of jargon that honestly didn’t mean much at all?

Process 422
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How to Track Resource Availability In Project Management

ProjectManager.com

Projects are planned and scheduled, but that’s just the preamble to the real work. Executing projects to meet deadlines without overspending the budget requires a project manager to understand resource availability. It’s part of the larger process of resource management. Resources are anything used to deliver project tasks including materials, equipment, labor and more.

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Five Reasons Why AI is Not a Replacement for Project Managers [It is a tool].

Green Project Management

AI is one of the most talked about advancements, and everyone has an opinion on the future. Today, I want to dive in on what has been on my mind regarding the role of Artificial Intelligence (AI) in project management. There’s been heaps of buzz around AI taking over jobs across various industries, and project […] The post Five Reasons Why AI is Not a Replacement for Project Managers [It is a tool]. appeared first on Driving Sustainable Change.

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Applying the heuristics of “How Big Things Get Done” to adaptive delivery

Kiron Bondale

I read a number of project leadership books each year but usually I find only one or two which really make an impact. Professor Bent Flyvbjerg and Dan Gardner ‘s book “ How Big Things Get Done ” is one of the latter. I have never had the opportunity to lead a megaproject (the term is typically used for those with a budget in excess of $1 billion), but over the last fifteen years I have read a number of the articles published by Prof.

Aerospace 177
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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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Arithmetic with randomness? Doable?

Musings on Project Management

When your office analyst is working with randomness or uncertainty, getting a numerical answer to a question is tricky business.

More Trending

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Project Management: Principles, Practices & Context

Velociteach

Einstein spent the last 30 years of his life searching in vain for a unifying theory of physics. The project management profession has had a similar quest—defining a methodology, set of practices, or principles that could successfully guide any project. Like physics and nature, project management is ubiquitous. Projects address simple, complicated, and complex problems.

Lean 89
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Managing Strategic Projects and the Goldilocks Rule

The Strategic Project Manager

The Goldilocks Rule codifies an interesting phenomenon – and how we can leverage it. This post explores what it is, and how it applies in so many areas of endeavor. The focus is on how it applies to us personally, how it applies to strategy, and how it applies to project management. What Is the Goldilocks Rule? The Goldilocks Rule is derived from the story in American literature of “ Goldilocks and the Three Bears “ In the story, Goldilocks tested the porridge, chairs, and the

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PMO Case Study Roundup: Improve Efficiency, Reduce Costs

Planview

In anticipation of International PMO Day, we began curating the stories for this PMO case study roundup several weeks ago. Today’s global day of acknowledgment for PMOs — held each year on the second Tuesday of May — is for “recognising, highlighting, promoting, appreciating, and celebrating PMOs,” says the organization’s website. And for good reason.

PMO 78
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IT project management explained: How to run great IT projects

Planio

If you’re used to shipping features and new products, IT project management (ITPM) probably isn’t on your radar. But this is a mistake. The best companies rely on a solid foundation of IT infrastructure to grow, adapt to market changes, and keep their users happy. In fact, the digital transformation market was estimated at a whopping $731.1 billion in 2022 — with no signs of slowing down.

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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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How to Thrive in the Multi-Project Workplace

Rebel’s Guide to PM

Around a third of the gross domestic product (GDP) in the average Western economy is a result of project activity so it is unsurprising that organizations do so many projects. They are the way strategy gets delivered, and in what PMI calls the ‘ project economy ’, it’s likely that organizations will continue to deliver work through the structure of projects.

Finance 460
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8 Types of Architectural Drawings

ProjectManager.com

Construction projects are unique in that they require architectural drawings. These construction drawings are used for new construction, remodeling and nearly every type of construction project you can imagine. Building drawings aren’t a monolith, though. There are many types of architectural drawings. Let’s take a look at the different types of construction drawings, what purpose they serve in construction project management and how project management software helps turn these building construc

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Agile Negotiations — Life Is a Negotiation; Why Would Scrum Be Different?

Scrum.org

TL; DR: Life Is a Negotiation; Why Would Scrum Be Different? Life is a negotiation; why would Scrum be different, particularly given its egalitarian nature? As you may recall, no one on a Scrum team can tell anyone else what to do, how to do it, or when to do it. Instead, solving your customers’ problems in a complex environment requires communication skills, empathy, patience, diplomacy, and professionalism.

SCRUM 186
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How To Communicate Risk To Stakeholders: Process & Strategies

WorkOtter

Sometimes it can be difficult to be the bearer of bad news, but it is a necessary thing to do when it comes to communicating certain risks to stakeholders. They have a right to be informed about uncertainties and problems that your business is facing. In some situations, it’s even a legal right that they are informed. Most CEOs would agree that communicating information about potential risks is essential for the long-term success of an investment or project.

Risk 78
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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 Ways to level up your Jira roadmaps

Rebel’s Guide to PM

Are you struggling to get your Jira roadmap in a state where you’d be prepared to share it with other people? Or perhaps it’s just taking too long to duplicate the effort and get the data in a format that people can actually see? And by the time they see it, the data is already out of date… You’re not alone. The Jira roadmapping functionality built into the tool is great but it doesn’t always give you the results you need.

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ProofHub is Named As Top Project Management Software by Software Advice

Proofhub

We’re thrilled to announce that ProofHub , all-in-one project management, and team collaboration software, has been named a top-rated project management software solution in the recently released Software Advice’s FrontRunners Report for Top Project Management Software of 2023. ProofHub has earned an incredible overall rating of 4.5 (out of 5). Big thanks to all our family of users who love us so much!

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Exploring the controversy around SAFe's approach to Product Ownership

Scrum.org

Exploring SAFe’s Approach to Product Ownership What is SAFe’s perspective on the Product Owner role? How does it differ from the Scrum Guide? Why is Product Ownership split to Product Owner and Product Manager in SAFe? SAFe’s approach to Product Ownership draws quite a bit of criticism. As a Professional Scrum Trainer who’s also a SAFe Fellow/SPCT, here’s my perspective… Product Ownership is a crucial element in improving Outcomes SAFe and Scrum both consider product ownership crucial to maxim

SCRUM 172
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Episode 177 – Work Better Together – Managing Thinking Preferences

Velociteach

The podcast by project managers for project managers. When it comes to problem solving or innovation, the goal is to generate ideas, make those ideas better, and then implement them to work better together. Dr. Teresa Lawrence talks about understanding cognitive diversity, managing our thinking preferences to the stages of the creative problem-solving process, and how our preferences influence project team interactions.

Energy 65
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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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The Future of USB Hubs: Advancements and Potential Applications

Productivity Land

In the age of technology, USB hubs have become an essential tool for device connectivity. They have allowed us to connect multiple devices to our computers, laptops, and other devices, allowing us to work and play more efficiently. USB hubs come in various shapes and sizes and have become an indispensable part of our lives. In recent years, we have witnessed significant advancements in technology that are transforming the way we use USB hubs.

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Why Earned Value Management is Important

MPUG

Earned value management is an approach for performance management on projects. It combines time, cost, and scope to create an integrated view of planned progress, as it compares to what was actually achieved. In this article, we will define earned value, and discuss why earned value management is important to project success. Defining Earned Value ‘Value’ is represented as a financial figure, and it is ‘earned’ by working through the items on the schedule and delivering chunks of scope.

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Team coaching with Org Topologies.

Scrum.org

I was asked by a Product Owner to come and have a look at one of his teams. I served him getting Scrum going about 1,5 years ago and he wanted to know how they were doing now. When I asked him what he wanted me to do exactly, he smiled and said he wanted me to "shake things up a bit". (This article builds upon a basic understanding of Org Topologies ).

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Agency resource planning and management guide

Resource Guru

Agency resource planning and management processes help you align the right people with available project work. Doing it well leads to happy, productive agency teams committed to delivering high-quality client outcomes. Project success and satisfied clients will naturally follow. That means a greater chance of repeat business and referrals for your agency.

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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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How an ETF Database Can Help You Build a Winning Investment Strategy?

Productivity Land

Are you looking to build an ideal investment strategy to skyrocket your income? As an investor, it’s possible to have difficulty building a winning strategy since finding the right investment opportunity is quite challenging. Building a winning strategy requires a lot of research and analysis, and ETF databases are indispensable in investment research and building a winning strategy.

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8 Factors that Predict Job Performance

Teamweek

Imagine you need to go for a car race and you have a choice of two cars. A huge family-sized SUV and a sharp-looking two-seater sports car. Which would you choose to win a race? Naturally, the sports car, because the way it looks is a decent predictor of how it performs. If you’re hiring and you have dozens of candidates to choose from, predicting who’ll perform best on the job seems nearly impossible.

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6 typische Probleme, bei denen die Verwendung von Scrum deinem Team nicht den erhofften Mehrwert liefert, und mögliche Lösungen dafür

Scrum.org

„Scrum funktioniert bei uns nicht!“ So lautet häufig die Reaktion auf meine Arbeit als Scrum Master. Ich höre diesen Satz bestimmt bei jedem agilen Coaching, Training oder Workshop mindestens einmal. Bei genauerer Nachfrage höre ich immer wieder die gleichen Probleme. Meine Top 6 der „Scrum funktioniert bei uns nicht!“-Playlist lauten: Problem 1: Keine Stakeholder beim Sprint Review Wie sieht der erhoffte Mehrwert von Scrum aus?

SCRUM 172
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Agency burnout: why it happens and how to prevent it

Resource Guru

Job stress (including burnout) costs American employers over $300 billion annually. Low employee engagement—a common burnout symptom—costs the global economy $7.8 trillion annually. Burnout spans across industries, but some are more at risk than others. Data suggests agency burnout is widespread. Globally, the Marketing and Advertising industry—including marketing, ad, web design, digital, and other agencies—experiences a burnout rate of 69.6%.

Energy 52
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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.