The Strategic Project Manager

MARCH 11, 2024

This post explains what the Strategy Canvas tool is, and how to create a basic Strategy Canvas. Finally, it details the use and benefits of the tool for practicing strategy and project management. What is the Strategy Canvas Tool? The Strategy Canvas tool is a management tool introduced by W. Value: Moderate.

Technical Review 105

Technical Review Innovation Sustainability Retail 105

NimbleWork

MARCH 7, 2024

Organizations can employ a migration framework depending on their readiness to transition, incorporate change, manage risks and enable a culture of a truly Agile enterprise. This is achieved by prioritizing customer satisfaction and welcoming changes during SDLC processes.

Agile 114

Agile Software Review Technical Review Leadership 114

ProjectManager.com

JANUARY 31, 2024

The balanced scorecard measures four aspects of a business or organization: finance, customers, business processes and learning and growth. By looking at performance from these different lenses, a business or organization can put its strategy in context. This perspective can help you run the business or organization more effectively.

Performance Measurement 398

Performance Measurement Governance Government Initiating 398

ProjectManager.com

JANUARY 2, 2024

Tactical planning describes the action steps, strategies and projects that are deployed by the different departments of an organization, such as sales, marketing, product development and others to contribute to the accomplishment of strategic goals. You’ll have to think about risk management, resource management, task management, etc.

Planning 350

Planning Manufacturing Executing Risk Management 350

Scrum.org

APRIL 30, 2021

This gives the Product Backlog a level of transparency that reduces the risk. The risk is exposed by not completing an item within a Sprint and thus giving away the opportunity to generate value for the organization. 5 Strategies for Product Backlog refinement. Customers change their minds, and technologies are changing.

Technical Review 234

Technical Review Estimate SCRUM Risk Management 234

Scrum.org

JULY 30, 2023

Now, they must discover innovative ways to deliver enhanced value to customers while differentiating themselves from competitors. That means taking calculated risks that can lead to either success or failure. We can also leverage Kanban, PMBOK, and other supporting methodologies to enhance these fundamental elements.

Risk 158

Risk Agile Innovation Leadership 158

The Strategic Project Manager

MARCH 14, 2024

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. What Is a Value Innovation Strategy? “Value innovation” is a concept introduced by W.

Innovation 52

Innovation Sustainability Performance Measurement Risk Management 52

ProjectManager.com

OCTOBER 24, 2023

IT service management or ITSM for short, is used by IT teams to manage the end-to-end delivery of IT services to customers. That means everything, from all the processes and activities that are needed to design, create, deliver and support IT services. This isn’t IT support, which is how most outsiders think of all IT activities.

Process 328

Process Infrastructure Information Technology Monitoring 328

Project Risk Coach

SEPTEMBER 25, 2017

Learn to Better Manage Enterprise Risks Through Project Risk Management Many organizations have adopted enterprise risk management (ERM) as a way to make better decisions, get stronger operating results, and meet regulatory requirements. What is Enterprise Risk Management? An organization’s risk champion (e.g.,

Risk Management 268

Risk Management Risk PMI Technical Review 268

WorkOtter

MAY 18, 2023

Risks are common in business. These risks carry uncertainties which pose potential threats to the financial health of the organization. Projects help the business reach objectives and goals, and with each project comes its own set of risks. Importance of Risk Analysis in Project Management What is a risk in project management?

Risk Management 78

Risk Management Risk Underperforming Technical Team Software Review 78

Project Risk Coach

SEPTEMBER 25, 2017

Learn to Better Manage Enterprise Risks Through Project Risk Management Many organizations have adopted enterprise risk management (ERM) as a way to make better decisions, get stronger operating results, and meet regulatory requirements. What is Enterprise Risk Management? An organization’s risk champion (e.g.,

Risk Management 240

Risk Management Risk PMI Technical Review 240

ProjectManager.com

OCTOBER 6, 2023

A PMO director is a senior-level position that takes ownership and is accountable for creating, organizing and implementing the strategies and business programs in an organization. They standardize best practices and oversee related business administration, risk management and change management. What Is a PMO Director?

PMO 346

PMO Software Review Governance Government 346

Productivity Land

JANUARY 23, 2024

Market analysis has become an essential tool for businesses of all sizes and industries that want to assess the external factors that impact their performance, strategy, and valuation. For example, you can evaluate the risks and opportunities of your project based on market research data and financial projections.

Finance 70

Finance Technical Review Influencer Risk Management 70

Wrike

JULY 23, 2023

Understanding and effectively addressing risks is crucial for any business or organization. In order to implement effective mitigation strategies that minimize potential harm and maximize preparedness, it’s important to redefine our understanding of risk and overcome the obstacles that hinder successful implementation.

Risk 36

Risk Technical Review Artificial Inteligence Sustainability 36

Inloox

APRIL 16, 2024

How to perform a SWOT analysis Once the SWOT analysis is completed: 5 key approaches for strategy development Concrete example: SWOT analysis in a software development project Conclusion 1. Assessment of threats It draws attention to potential external risks and threats that could negatively impact the project. What is a SWOT analysis?

Artificial Inteligence 100

Artificial Inteligence Underperforming Technical Team Technical Review Development Team Review 100

The Strategic Project Manager

MARCH 13, 2023

The business case supports development of the Project Charter. Organizational strategy – What is the current direction for the organization? What is its vision, strategy, or objectives? It is important to provide factual data to support any assertions. Cite facts to support assertions.

Planning 95

Planning ChatGPT Technical Review Underperforming Technical Team 95

Planio

AUGUST 1, 2023

If you asked your team to explain your company’s overall strategy, how many of them would get it right? Having a product strategy often isn’t the issue. Instead, many teams struggle with communicating that strategy to their team and embedding it in the tactics they use on a daily basis. Customer service teams 5.

Development Team Review 78

Development Team Review Infrastructure Software Review Governance 78

Project Pulse Journal

FEBRUARY 1, 2024

Shick, MSPM, PMP, CSM Pathfinding your way through the complex landscape of project risk can feel like navigating through a minefield. What if there was a fast and relatively easy systematic way to identify, assess, and prioritize risks, enabling you to focus on the most critical threats and opportunities? By: Dr. Michael J.

Risk 52

Risk Artificial Inteligence 2023 2017 52

Scrum.org

JANUARY 29, 2024

The business perspective includes validating how customers respond to the features, the capabilities and the experiences that the product offers. As a consequence these teams also reduce risk of rework, and waste, and increase chances of being successful in the market. In other words, “have we built the thing right?”.

Agile 185

Agile Technical Review Underperforming Technical Team Development Team Review 185

Scrum.org

APRIL 23, 2024

They inspire their teams by modeling how to base strategies on solid evidence and encouraging innovation through validated learning and experimentation. Here's a detailed look at some key benefits: Improved Decision-Making Quality EBM promotes decisions that are supported by verifiable data.

Innovation 138

Innovation Leadership 2024 Retail 138

Project Pulse Journal

MARCH 13, 2024

However, navigating the intricacies of virtual collaboration requires a unique set of strategies and approaches to ensure seamless communication, productivity, and alignment among all the team members. By implementing these strategies, you can empower your team members to thrive and deliver value to your organization.

PMO 52

PMO Technical Review Governance Government 52

Leading Answers

JANUARY 16, 2021

This article explains what a risk-adjusted backlog is, why they are useful, how to create one and how teams work with them. What is a Risk-Adjusted Backlog? A risk-adjusted backlog is a backlog that contains activities relating to managing risk in addition to the usual features associated with delivering value.

Risk 145

Risk Underperforming Technical Team 2006 2012 145

Planio

MARCH 25, 2024

You can build the best product in the world, but without a solid customer acquisition strategy (and the right team to pull it off), no one will ever use it. But customer acquisition isn’t just about getting users for your product — it can be life or death for your company as a whole. Identify your ideal customer 2.

2024 158

2024 Influencer Technical Review Software Review 158

Rebel’s Guide to PM

MAY 31, 2023

With the entire team contributing unique ideas, you can acquire more effective strategies for completing the project. Teamwork encourages risk-taking Working as a team encourages risk-taking. In a team, you have support from other members in case things fall apart. Read next: 5 Ways to Boost Your Team’s Creativity 2.

Risk Management 302

Risk Management Leadership Risk Innovation 302

TechEmpower - Project Management

MARCH 4, 2024

Key Functions with High Impact Generative AI is revolutionizing sales by enabling dynamic pricing and personalized customer interactions, boosting conversion rates and customer satisfaction. Post-sale, AI analyzes customer data to improve service and loyalty, making it a cornerstone of modern sales methodologies.

Generative AI 118

Generative AI CTO Hire Fractional CTO Healthcare 118

Leading Agile

FEBRUARY 29, 2024

Customers are unhappy because you are missing commitments. Vendors are dropping support of key technologies used by your application. Customers want features, like Machine Learning and AI, that it won’t support. You have multiple versions, releases, and code bases, creating a support nightmare.

Technical Review 144

Technical Review Software Review Agile Governance 144

ProjectManager.com

JANUARY 12, 2024

One way to make sure you’re supporting your team and project alike is with workforce planning. Strategic workforce planning supports the strategic plan of an organization. It addresses external workforce factors that might impact the larger business and maintains organizational capacity while minimizing risk exposure.

Planning 342

Planning Estimate Risk Management Budget 342

Proofhub

DECEMBER 22, 2020

As such, you need to come up with ways to overcome such challenges and also to have the right methods of implementing digital transformation strategies. So, what impacts does the digital transformation have on leadership strategies? We find the answer to this and more in this post. What exactly is digital transformation?

Leadership 127

Leadership Underperforming Technical Team Innovation Executing 127

The IIL Blog

APRIL 24, 2024

Customers consume the products and services created by the enterprise. All organizations should strive to deliver value to their internal and external customers. Our customers define value. But customers validate those innovations by “voting with their wallets.” They learn from their customers and continually innovate.

Lean 165

Lean Agile Underperforming Technical Team Innovation 165

Proofhub

SEPTEMBER 29, 2022

Customer Retention Let’s face it: Maintaining a customer’s satisfaction over time is far more difficult than selling them a single item. Additionally, the ROI for customer retention is evident for e-commerce enterprises. After 24 months, repeat customers spend more than twice as much. What Is Customer Retention?

Retail 88

Retail Sustainability Consulting Application Development 88

Rebel’s Guide to PM

APRIL 24, 2023

From examples of project activities in a business versus operational activities to strategies for balancing projects and operations simultaneously — this article will help you understand the differences and consider the similarities. Projects help deliver strategy. In other words, making sure you can serve your customers.

Retail 407

Retail Governance Government Healthcare 407

Scrum.org

DECEMBER 4, 2023

Navigating leadership in complex work environments demands a nuanced approach, blending various tactics, practices, frameworks, and strategies. It is imperative to customize and apply these principles thoughtfully, aligning them with the specific needs and challenges of the organization and the context at hand. We are customer-driven.

Leadership 193

Leadership Technical Review Lean Sustainability 193

UPQODE

FEBRUARY 2, 2024

For businesses engaging in B2B transactions, the distinction and appeal of your brand are primarily driven by your branding strategy. This underscores the importance of a solid B2B branding strategy for the prosperity of your small business. In this piece, we delve into the subtleties of an effective B2B branding strategy.

Influencer 52

Influencer Innovation Initiating Executing 52

ProjectManager.com

AUGUST 2, 2023

Information technology, more commonly referred to as IT, is using hardware, software and the supporting infrastructure to manage and deliver data through various means, such as voice, video, etc. As companies continue to carve out bigger and bigger digital footprints, IT management becomes increasingly central to their strategies.

Infrastructure 333

Infrastructure Web Development Governance Government 333

Proofhub

MARCH 24, 2023

This article explores six strategies that help foster trust and respect among employees and result in a more positive workplace. By implementing these strategies, managers, employees, and teams can work together to build a positive work culture where everyone feels valued and motivated to achieve success! Find the best one for you!”

Artificial Inteligence 78

Artificial Inteligence Innovation Software Engineering Leadership 78

The Strategic Project Manager

NOVEMBER 23, 2021

While businesses, organizations, and markets have evolved, the Experience Curve concept survives and can be very useful for informing decisions, shaping strategy, and guiding implementation. Using the Experience Curve in Strategy Formulation. Strategy of cutting prices – Cut prices earlier to discourage the competition.

Technical Review 98

Technical Review Underperforming Technical Team Manufacturing Sustainability 98

Productivity Land

FEBRUARY 15, 2024

While many factors go into pricing decisions, studying competitor pricing can provide an effective overall strategy when thoroughly implemented. Based on this data, you can more easily formulate your pricing strategy. However, the products must support the price premium. What Is Competitive Pricing?

Retail 66

Retail Technical Review Software Review Innovation 66