Sat.Oct 01, 2022 - Fri.Oct 07, 2022

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5 Tips to Simplify Project Risk Management

Traxidy

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What is Risk Threshold in Project Management?

Project Risk Coach

In everyday life, a threshold is a strip of wood or stone that forms the bottom of a doorway. And we cross that threshold to enter a room. Projects have risk thresholds that we may cross. In this article, we will explore what a risk threshold is, why it matters, and look at some examples. What is Risk? The PMBOK® Guide, Seventh Edition defines risk as an uncertain event or condition that, if it occurs, has a positive or negative effect on one or more project objectives.

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A Trusted Project Manager Is Critical to Keeping Y

Project Management Update Submitted Articles

Your firm’s website is the most critical touchpoint between your business and its customers. For any B2B firm, handing off this vital resource to someone outside your organization constitutes a measure of risk.

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The ‘People Planet Profit Model’ and the Strategic PM

The Strategic Project Manager

The ‘People Planet Profit model’ (PPP), also known as the Triple Bottom Line (TBL) model, has become a hot topic in recent years. This post explores PPP/TBL and what it means for strategic project managers. What Is the ‘People Planet Profit Model’? The People Planet Profit Model outlines three core facets of sustainability for businesses.

Energy 98
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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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10 Painful Project Management Challenges And Their Solutions

Teamweek

There’s no way to completely eliminate the risk of things going wrong with your project. But you can prepare for these project management challenges, keep solutions handy before they happen—or at least reduce their impact on the project’s success. This post will share the most common project management challenges, their signs and symptoms, and how you can solve or mitigate them.

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Project Reporting for Agencies [Template]

Teamweek

How do you tell the difference between a good project and a bad one? Look at the project progress reports. Bad project reports – your team or client gets lost in pointless data, doesn’t know what work was done, and receives no insightful comments. Good project reports – your team or client sees critical data summaries, easy-to-understand insights, and an overview of the work done.

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Overcome IT Project Management Challenges & Cost Overruns

Project Management Update Submitted Articles

Learn how free AppExchange task management app Milestones PM+ can help IT project managers overcome challenges and transform their Salesforce environment.

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How to Get Projects From Strategy

Rebel’s Guide to PM

This is a question I’m hearing quite a lot at the moment: How do I turn my company’s strategy into actual projects? It’s good to have a strategy, of course. But a strategy that stays in a fancy PowerPoint presentation isn’t helpful to anyone. That’s not a strategy, it’s a document. OK, you need the document first, as a communication tool to explain the strategy to everyone, but you know what I mean.

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Best 12 Project Management Certifications (2022)

ProjectManager.com

There are several project management certifications that you can get to become a project management professional. To determine which one is best for you, you’ll need to think about things such as your project management skills, the career path you want to choose or your desired project management methodology specialization. Choosing the right certification and training program for your project management career is an important decision.

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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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Why Limiting Work in Progress Matters for Scrum

Scrum.org

The heart of Scrum is the Sprint, which is a time-boxed event during which the Scrum Team delivers a valuable increment at least once per calendar month. During the Sprint Planning event, Developers select which Product Backlog items (PBIs) they will deliver in the upcoming Sprint, create a plan for delivering them, and identify a Sprint Goal that provides a focus for the upcoming Sprint.

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15 Reasons Why Your Team Should Track Time

LiquidPlanner

Tracking how your team spends their time can have a wide range of positive impacts on the organization and its employees. But the idea of time tracking and providing estimates likely has many negative connotations for your workforce. Some view time tracking as a way of micromanaging or holding team members firmly to their initial estimates. Some may consider this a lack of trust, where leadership needs to watch their every move.

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Stabilize your project

Musings on Project Management

Stability!It counts for a lot.It implies -- for behaviors and management decisions -- predictability, reliability, under-control (but not risk-free, of course), coherent narrative, steady-state goals, and a strategy that is understandable to those who have the job of implementing it.Perhaps you are aware, as many are, that stability requires feedback to effect error correction and trap excesses.

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What Is a Technical Project Manager? (Job Description Included)

ProjectManager.com

We talk a lot about project managers, but that title is more general than most might think. There are many different project managers, but today we’re interested in focusing on just one, the technical project manager. Are you interested in becoming a technical project manager or are you in the market to hire one? If either applies, read on. We define what a technical project manager does, provide an outline for a job description you can post and offer tips for becoming better at your job.

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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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Agile Principles – Motivated People

Scrum.org

?????? This post continues my ongoing series revisiting the principles behind the Agile Manifesto. This time we are focussing on the following Agile principle – “Build projects around motivated individuals. Give them the environment and support they need, and trust them to get the job done.”. If you have a suitably motivated team, who are empowered, given sufficient resources and focussed on a shared goal, they will likely overcome almost any obstacle in their way.

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Getting Your Leaders on Board With Agile Transformation

Leading Agile

This week’s video podcast was created as a response to a question we were recently asked by some of our CSM/CSPO course students. This one is for all the team members and Scrum Masters, the people on the ground who see why Agile could make a huge difference in their entire organization but just don’t have the title or agency to sign the contracts to make it happen.

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Qualitative Risk Analysis for Beginner Level Project Managers

nTask

To deal with risks successfully, each project manager should develop and implement a risk management strategy, plan, and tools at the start of each project. Mostly, People are bad at assessing risk. They allow biases to influence their decisions or emotions to stymie decision-making processes. This is why project managers must understand how to analyze […].

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Uncertainty Performance Domain: How to Deal with Risk in a VUCA Context

Online PM Courses

The Uncertainty Performance Domain tackles the VUCA Project Management context, and how to deal with the risks this environment creates. The post Uncertainty Performance Domain: How to Deal with Risk in a VUCA Context appeared first on OnlinePMCourses.

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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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Honey, I Shrunk the Backlog — Allan Kelly at the Hands-on Agile 44

Scrum.org

TL; DR: HoA #44: Honey, I Shrunk the Backlog w/ Allan Kelly. In this energizing 44th Hands-on Agile session on product backlog management, Allan Kelly clarified one thing: The backlog was a great idea until it wasn’t. Many successful teams deliver backlog items daily, but their backlogs aren’t getting smaller. The never-ending backlog overshadows delivery success.

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Best of PMTimes: Project Success – 7 Steps For Building Projects That Deliver Results

PM Times

Project success is achievable—but you need the right mindset and tools to make it happen. Whether your project is big or small, the guide below will help you create a project plan, define your goals, learn to communicate with your team and find the right tools for success. 1. Plan For Project Success Creating a […]. The post Best of PMTimes: Project Success – 7 Steps For Building Projects That Deliver Results appeared first on Project Management Articles, Webinars, Templates and Jobs

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An Executive Walks Into A Daily Scrum

Leading Agile

So an Executive walks into a Daily Scrum and demands Team Member X who must immediately begin work on something that is not part of the Scrum Team’s commitment for the Sprint. If you’re a Scrum Master, this has either happened to you, or it is going to… soon. What do you do? You know this is not ok. The Executive, who may have the power to fire you on the spot, should know better too, but apparently, they’re “Extra-Agile.”.

Executing 130
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Best 7 Earned Value Management Software for Smart Teams

nTask

Earned Value Management or EVM platform is a set of tools that combine to offer a system for measuring project progress based on cost and budget. Every EVM software uses different tools to integrate with each other, and many different approaches are used to ensure everyone is utilizing the system’s benefits at best. EVM gives […].

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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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Allan Kelly: Honey, ich habe das Backlog geschrumpft — Hands-on Agile #44

Scrum.org

In Kürze: Hands-on Agile #44: Honey, ich habe das Backlog geschrumpft — mit Allan Kelly. In diesem inspirierenden 44. Hands-on Agile-Meetup zum Thema Produkt-Backlog-Management stellte Allan Kelly eine Sache klar: Das Product Backlog war eine großartige Idee, bis sie es nicht mehr war. Viele erfolgreiche Teams liefern täglich Backlog-Elemente, aber ihre Backlogs werden nicht kleiner.

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Understanding Planned and Actual Percent Complete with MS Project

Management Yogi

While interacting with MS Project users across a couple of industry verticals recently, I encountered a question from a senior mechanical engineering lead regarding Planned and Actual Percent Complete fields. The lead was managing a bridge construction project in the Middle East.The client’s requirement was to show both Actual Percent Complete and Planned Percent Complete in the MS Project Plan.

Planning 105
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French and Raven’s Sources of Power for Strategic PM’s

The Strategic Project Manager

There are two types of power that professionals can have: positional and personal. French and Raven have outlined 6 sources of power that can provide you with positional power, personal power, or a combination. This post examines those sources of power and how to tap into them to enhance your effectiveness as a strategic project manager. French and Raven’s 6 Sources of Power.

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PROJECT MANAGEMENT BENCHMARKING, an excellence enabling instrument

International Institute for Learning

By Dr. Harold Kerzner and Dr. Al Zeitoun. Continuous Improvement. All companies desire to remain competitive and continuously improve their project management performance by becoming more efficient and more effective in the execution of their project management processes. Continuous improvement efforts are most often based upon the capturing of best practices.

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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.