article thumbnail

Demand Management: Process, Importance and Tools

ProjectManager.com

Demand management is cross-functional as it crosses many disciplines, from consumer demand, supply teams and inventory to marketing and customer service. ProjectManager is award-winning project and portfolio management software with resource allocation features to keep teams working at capacity.

Process 307
article thumbnail

Exploring Estimation Approaches: What is the Right Fit for Scrum Teams!

Scrum.org

Estimation is a complementary practice Scrum Teams use in Product D evelopment. The purpose of estimation is to provide a rough idea of how much effort, time, and budget are needed to complete specific features or PBI- Product Backlog Item of the product. or T-shirt sizes (XS, S, M, L, XL, etc.).

Estimate 150
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Develop Better High Performing Teams

ProjectManager.com

As we ease into the new year, many organizations’ executive teams are ramping up hiring for new talent. All these efforts require precise judgment to hire just-in-time talent, using data to make strategic project decisions at a portfolio, program and project level and launching new high performing teams.

article thumbnail

Time Estimation for Project Managers: Tips & Techniques

ProjectManager.com

It’s of paramount importance to everyone involved, from stakeholders to team members. The best a project manager can do is develop an accurate time estimate for how long it will take to satisfactorily complete the project. Time Estimation Matters. So, what are some of those tips and techniques for better time estimation?

Estimate 302
article thumbnail

What Is Demand Planning? Tips, Strategies and Tools

ProjectManager.com

It’s not easy to estimate demand, but the more factors you consider, the more accurate your demand forecasting will be. The other side of the coin is poor production planning , which can leave you unable to respond to demand—all because you didn’t have adequate demand forecasting to analyze sales and customer needs.

Planning 429
article thumbnail

How To Motivate Your Project Team

Rebel’s Guide to PM

Ruth Pearce knows everything there is to know about motivating your project team. I caught up with Ruth to find out more about how to motivate teams and why it’s something you should be actively doing. Why do you think motivation on project teams is so important? She’s even written the book on it. So how do we do it? Gertman et.

article thumbnail

Estimating Agile Projects.Or Not

Leading Answers

Project managers generally like plans and estimates so we can forecast when things should be done and how much they may cost. " So, when project managers hear about ideas such as "let's stop estimating," it can trigger a knee-jerk reaction. It sounds lazy and avoiding the hard work of having to estimate.

Estimate 131