Sat.Nov 11, 2023 - Fri.Nov 17, 2023

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Gold Plating in Project Management

ActiveCollab

Gold plating in project management refers to adding unnecessary features or functionalities to a project beyond its original requirements. It is often done with good intentions, such as exceeding customer expectations or ensuring a high-quality end product. However, gold plating can have negative consequences, including increased costs, extended timelines, and decreased project efficiency.

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6 Effective Ways to Mitigate Resource Risks in Project Management

PM Times

Do you face challenges securing specialized skills for your projects in advance? Is your organization experiencing frequent unplanned employee attrition? Are you finding it hard to identify suitable candidates for critical positions? If your answer is “yes” to the above questions, it’s high time to develop strategies to mitigate these resource-related risks.

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What's the worst case?

Musings on Project Management

Perhaps the most common question in risk management, if not in project management is this one:"What's the worst case that can happen?"Don't ask me that!Why not?Because I don't know, and I'd only be guessing if I answered.So what questions can you answer about the future case?

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Generative AI – The End of Empty Textboxes

TechEmpower - Project Management

We recently completed a web-based application that uses a unique algorithm to match professionals with new career opportunities. As part of the onboarding process, the app asks both job seekers and employers what they’re looking for - in a text box - while providing a few suggestions in a pop-up. If you’ve ever used a similar application, (or if you’ve ever used the Internet at all) you’ve probably seen this approach before.

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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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Project Manager Tips for Communicating With Execs

Bridge the Gap Consulting

It’s well known that effective communication is one of the most critical skills to project management success. Project managers spend the majority of their time communicating. As they advance in their careers, PMs will find themselves communicating with a special kind of stakeholder; the executive! Let me tell you how NOT to communicate with an exec using an experience I had as an example.

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Why Project Management? 13 Great Reasons to Go for a PM Career

Online PM Courses

Why should you choose a project management career? It is an excellent choice, and here are 13 good reasons why you should. The post Why Project Management? 13 Great Reasons to Go for a PM Career appeared first on OnlinePMCourses.

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Don’t Blame Agile for Bad Agile

Velociteach

An agile backlash is underway. Some organizations have declared victory, fired their agile staff, and moved on. Others are agile in name only or are “doing” agile but have not fundamentally changed the way they work. We should not blame Agile for bad Agile. The problem is not with the values, principles, and practices. Instead, it is with organizations and their approach to agility.

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How to Manage a Residential Construction Project

ProjectManager.com

There are four types of construction projects: commercial construction, industrial construction, infrastructure construction and residential construction. Residential construction might be the easiest for laypeople to understand as most of us live in these types of structures. But do we really know what residential construction is? Before we get into the management of a residential construction project, we’ll explore the meaning of residential construction and examples of the two major types of

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The Most Common Project Management Pitfalls

Ganttic

Effective project management is the backbone of successful businesses and initiatives. However, even the most seasoned project managers can find themselves entangled in the web of common pitfalls that hinder progress, derail timelines, and threaten project success. In this blog post, we’ll explore the top project management pitfalls and discuss strategies to steer clear of them.

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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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Implementing AI in your projects: how to start and improve

Rebel’s Guide to PM

If you are like many project professionals, you have likely worked with artificial intelligence (AI) in some capacity. In our annual global survey , one in five (21 percent) respondents say they are using AI always or often in project management. Whether you’re already comfortable leveraging AI for projects, or you’re completely new to AI, one thing is certain: the rise of ChatGPT and other commercial generative AI has greatly accelerated AI’s workplace infiltration.

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The Difference Between Right Sizing and Same Sizing of Work Items (and Why You Should Care)

Scrum.org

In the world of Agile practices, where adaptability and effectiveness reign supreme, two terms often pop up: Right Sizing and Same Sizing. What does “Same Sizing” even mean? Is it possible to eliminate variability as implied by “Same Sizing”? These seemingly similar concepts can make a significant difference in your Agile journey. Understanding these terms is crucial for effective backlog management and sprint planning if you're a product manager or product owner.

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How to Make a Production Order for Manufacturing

ProjectManager.com

Manufacturers make things, and how much they make is determined by demand and the supply of raw materials. But who makes the decision on the quantity of output and how that information is delivered is processed through what’s called a production order. First, let’s define what a production order is and why it’s so important to the manufacturing process.

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quality Assurance is free; QC is not

Musings on Project Management

Philip Crosby is credited with the idea that "Quality is Free", and he made some money on the book by the same title. still available from e-book sellers.When I first heard that phrase -- around the time Crosby's book came out -- my thought was: If so, what is that line item in my budgeted WBS for quality planning and QC? It's not $0 for sure. So how is "quality free".

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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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The Growth in Importance of Project Value

The IIL Blog

By Harold Kerzner, Ph.D. November 15, 2023 All management disciplines, project management included, contain words and expressions that have meanings susceptible to change over time. Some expressions, such as the work breakdown structure (WBS) and statement of work (SOW) have undergone very few changes. On the other hand, the term “project value” has had multiple interpretations based upon the type of project, when in the project life cycle the term is used, and who is using the term.

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Creating a Product Wall (2/7) - Roadmapping

Scrum.org

Join the Mastering Agility Discord community! This article continues from the Product Wall introduction article. These series are co-written with Ryan Brook based on our upcoming book. You can download our free Product Wall Mural template here. Now we have covered the general overview of the entire Product Wall, we break it down piece by piece. In this article, we explain the Roadmap section.

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Service Request Management in IT: Process & Best Practices

ProjectManager.com

When someone makes a request in the information technology (IT) world, whatever that might be, there’s a process involved to fulfill that request. This is called a service request and controlling that process is called service request management. Of course, there’s more to it than that. We’ll explain in more detail what service request management is and what a service request is, including examples to make it clearer.

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CSM vs PSM: What are they and How do they Compare?

Online PM Courses

CSM vs PSM: Certified Scrum Master and Professional Scrum Master are the most widely known scrum certifications. How do they compare? The post CSM vs PSM: What are they and How do they Compare? 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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The Convergence of Security and Project Management

PM Times

In the rapidly evolving world of IT, we frequently hear about vulnerable data being stolen and disseminated from renowned organisations, or businesses reporting disruptive attacks such as Distributed Denial of Service (DDoS) assaults that bring their operations to a halt. While some of these disruptions may stem from a small bug that was not captured […] The post The Convergence of Security and Project Management appeared first on Project Management Articles, Webinars, Templates and Jobs.

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Balancing Self-Management and Guidance: The Art of Agile Leadership

Scrum.org

Embraced across industries, Agile frameworks offer a flexible approach for delivering complex products. At the heart of successful Agile implementation lies a delicate equilibrium between autonomy and guidance - a balance that Agile leaders must master. This article explores the art of Agile leadership, delving into the challenges of finding the right equilibrium between allowing teams to self-organize and providing enough guidance and structure for seamless Agile execution.

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What Is a Service-Level Agreement? (Example & Templates Included)

ProjectManager.com

A service level agreement, often abbreviated as SLA, is used in IT and professional services to define what a vendor is expected to do. It’s part of the contract between any technology vendor and sets up what will be levied upon them if the agreement isn’t upheld. First, let’s explore the definition of an SLA in greater detail, including the different types of service agreements and why they’re so important.

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5 Biggest Mistakes in OKR Implementation and How to Overcome them

NimbleWork

Goal-setting is one of the most vital topics for organizations. After all, how can you achieve your objectives if you don’t know what they are? How do you expect to motivate your workforce and create alignment if you don’t have shared goals to pursue as a team? When it comes to goal-setting in organizations, an approach that stood the test of time is the OKR framework.

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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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Why Is It So Hard to Find a Good Remote Job? 

Productivity Land

With the onset of the pandemic, both organizations and professionals were forced to rethink how people worked. This became a pivotal point that drew attention to the many perks of remote work models. For businesses, remote arrangements help access a wider talent pool, reduce employee costs, and minimize staff turnover and absenteeism-related risks. Employees, on the other hand, get to enjoy improved job satisfaction, greater flexibility and freedom, and better work-life balance.

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Creating a Product Wall (3/7) - Market and Domain Information

Scrum.org

Join the Mastering Agility Discord community! This article continues from the Product Wall introduction article. These series are co-written with Ryan Brook based on our upcoming book. You can download our free Product Wall Mural template here. Now we have covered the general overview of the entire Product Wall, we break it down piece by piece. In this article, we explain the Market and Domain Information section.

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Bringing Balance to the Agile Culture Conversation

Leading Agile

Culture eats strategy for breakfast was a quote from the legendary management consultant and author Peter Drucker. If that’s true, then what does it mean when there are competing views on culture? What type of culture gets to eat strategy for breakfast? Who gets to decide and why do we have to choose? In this podcast, Mike and Dave sit down to discuss how your personality type influences the way you see and value culture, and the implications that can have on your business.

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Collaborate 2023: Wrike Lightspeed Sessions You Need to See

Wrike

The year ahead is pointing to fresh challenges in work efficiency and our new work management platform, Wrike Lightspeed, can unlock peak productivity. To help you get even more out of Wrike, we created Collaborate, our conference for modern work efficiency, to help improve your insight into modern work management challenges and learn how individuals, teams, and organizations like yours leverage Wrike to increase efficiency.

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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.