article thumbnail

Value Innovation Strategy For Strategic Project Managers

The Strategic Project Manager

This post dives into the profitable concept and practice of Value Innovation. It defines it, compares and contrasts it from similar approaches, and then looks at the impact of leveraging Value Innovation in the practice of strategy and project management – developing a Value Innovation Strategy.

article thumbnail

Benefits Of The Strategy Canvas Tool For Strategic PM’s

The Strategic Project Manager

By plotting these factors and the corresponding value offered by the company and its competitors on the canvas, businesses can gain insights into their competitive positioning and identify areas where they can innovate and differentiate themselves. known for its innovative products like the iPhone, iPad, and Mac computers. Value: High.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Best PMI-ACP Exam Prep Books

Rebel’s Guide to PM

Agile Project Management: Creating Innovative Products by Jim Highsmith. Chapter 5 covers the agile project management model and then the rest of the book covers the process and project lifecycle in detail, with chapters on governance, scaling and performance measurement. Buy on Amazon. Buy on Amazon. Agile Practice Guide.

PMI 195
article thumbnail

How to Use Technology to Increase Your Productivity?

ProProfs Project Management

Technological innovation has given rise to some of the smartest business applications, such as CRM, ERP, HR systems, and expense claims that have allowed teams to spend their working hours doing productive work. An efficient project management tool enables better visualization, better tracking, and impeccable monitoring. .

article thumbnail

Understanding the Organizational Governance System as Project Managers

Project Pulse Journal

Whether the aim is to enhance market competitiveness, drive innovation, or expand market reach, effective project governance systems are as important as a project plan and act as the linchpin that aligns every project initiative with these strategic imperatives. Innovation is good but there will be times when it's just gold-plating.

article thumbnail

The Functions of a Project Management Office

Project Pulse Journal

It includes monitoring the progress of projects in the portfolio, ensuring they deliver the expected benefits, and making necessary adjustments to the portfolio based on performance and strategic changes. Performance Measurement Implementing and maintaining performance measures and metrics is essential for assessing success.

PMO 52
article thumbnail

The Crucial Role of Performance Management in Enterprise Success

Wrike

By creating a continuous feedback loop, performance management enables organizations to identify and address performance gaps, foster employee development, and drive overall business success. It goes beyond the traditional annual performance reviews and focuses on continuous improvement and development.