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. Further breakdown strategies can be found here.

Technical Review 236

Technical Review Estimate SCRUM Risk Management 236

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

WorkOtter

JANUARY 13, 2023

An unexpected event is always a risk; its impact can be negative or positive. Risk managers are responsible for enacting the processes that help manage these project risks. Stages of Risk Management. The established processes for managing risks are broken down into stages. Risk Impacts. Cost Risks.

Risk Management 78

Risk Management Risk Monitoring Budget 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

ProjectManager.com

JANUARY 31, 2024

By looking at performance from these different lenses, a business or organization can put its strategy in context. In the past, the financial perspective was the only metric, but the balanced scorecard broadens that lens for a fuller measurement of the strategy of the business or organization.

Performance Measurement 398

Performance Measurement Governance Government Initiating 398

PM Basics

MARCH 5, 2019

How to select a Risk Response Strategy? Here you will find examples of risk responses for both threats and opportunities. But there’s a catch: You may have a limited mindset in regards to dealing with risks. So, I would suggest you review examples of dealing with different risks on a real project first.

Risk 84

Risk Underperforming Technical Team Technical Review Risk Management 84

ProjectManager.com

OCTOBER 18, 2022

Our free template helps you define the strategy, process and actions necessary to create your final deliverable. The spreadsheet is divided into three, first where you show the strategy, then the process and finally the actions you’ll take to fulfill that strategy. Risk Register Template. Work Order Template.

Manufacturing 324

Manufacturing Software Review Risk Management Underperforming Technical Team 324

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

Project Risk Coach

OCTOBER 23, 2021

3 Is an Opportunity a Risk, Really? Project managers may use qualitative and quantitative risk analysis to evaluate opportunities. Consequently, these project managers and team members fail to take advantage of these upside risks. Therefore, negative risks are considered to be threats and positive risks are opportunities.

Underperforming Technical Team 363

Underperforming Technical Team Risk Management Project Life Cycle Risk 363

ProjectManager.com

FEBRUARY 10, 2023

Procurement management refers to all the actions and strategies related to the cycle of identifying, evaluating and selecting suppliers of production inputs. The RFI helps procurement managers find the supplier who’ll deliver what they need and when they need it for a price with which they’re comfortable.

Estimate 321

Estimate Manufacturing Logistics Software Review 321

ProjectManager.com

JANUARY 30, 2024

Strategic planning: Managers can use the tool to plan their long-term strategies and goals. Asana vs. ClickUp: Pricing Comparison Sometimes it just boils down to cost. If you’re only looking at the bottom line, here are the pricing tiers you can expect from Asana, which does have a free version, but with very limited features.

Software Review 352

Software Review 2024 Underperforming Technical Team 2012 352

nTask

JUNE 3, 2021

Whether you are launching a new product or looking for ways to revamp your brand, the first step should be to create an impeccable go to market strategy. Developing a detailed go to market strategy forms the basis for a successful start. Without the backing of a perfect strategy, you will not be able to break into the market.

Underperforming Technical Team 78

Underperforming Technical Team 2021 Retail Risk Management 78

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. The context for projects All organizations need to do projects.

Retail 407

Retail Governance Government Healthcare 407

Teamweek

JANUARY 19, 2024

For fixed-price projects, miscalculating hours can lead to overestimations, resulting in lost bids. Resistance to change Not everyone embraces new time-tracking tools and strategies. Only two tasks are non-billable: a handoff and some emails regarding content strategy. This will often result in lower profit margins.

Software Review 52

Software Review Consulting Software Developers Software Development 52

Productivity Land

OCTOBER 25, 2023

Options trading may be a helpful tool for company founders for hedging against market volatility, obtaining funding, creating income, and limiting risk. Options Trading And Startup Founders Options trading is a way to bet on the future price of stocks or other assets.

Risk Management 84

Risk Management Risk Closing Executing 84

Rebel’s Guide to PM

MARCH 18, 2021

The 9 types of artifacts are: Strategy Logs and registers Plans Hierarchy charts Baselines Visual data and information Reports Agreements and contracts Other – a bucket category for anything else. Strategy artifacts. The first category is documentation that relates to strategy and project initiation. Logs and registers.

Logistics 509

Logistics Artificial Inteligence PMI Performance Measurement 509

ProjectManager.com

DECEMBER 15, 2021

Less Price Fluctuation. Commodity pricing can be volatile, and customers don’t like to see the cost of their products increasing. When a manufacturer uses SRM they can often set a price for materials, so if there is fluctuation in the market their costs remain the same. Create a Supplier Management Strategy. SRM Software.

Manufacturing 278

Manufacturing Software Review Innovation Underperforming Technical Team 278

ProjectManager.com

OCTOBER 5, 2023

It’s a way to estimate the strengths and weaknesses of the project to determine if it’s worth taking on the risk. Download Excel File Earned Value Management Earned value management uses costs, schedule, technical scope and risk to measure project performance against a baseline.

Controlling 333

Controlling Manufacturing Construction Underperforming Technical Team 333

Project Risk Coach

APRIL 7, 2016

You and I encounter risks every day. Sometimes we actively respond; other times we passively accept the risk. Consider the following personal risks and responses: You feel a headache coming on. Seven Ways to Respond to Your Greatest Risks. What strategies were being employed in the examples above? Take Action.

Risk 150

Risk Risk Management Controlling Planning 150

ProjectManager.com

NOVEMBER 30, 2023

The importance of having an IT budget is to align technology requirements with an organization’s business strategy. They include the CIO (the chief information officer); they’re responsible for creating business value, approving invitations and establishing policies, strategies and standards. Let’s explore some other reasons.

Budget 343

Budget Software Review Infrastructure Monitoring 343

Productivity Land

MAY 8, 2023

Are you looking to build an ideal investment strategy to skyrocket your income? As an investor, it’s possible to have difficulty building a winning strategy since finding the right investment opportunity is quite challenging. Are you looking to build an excellent investment strategy to skyrocket your income?

Risk Management 85

Risk Management Risk Defining Monitoring 85

Rebel’s Guide to PM

JUNE 20, 2022

Ron Rosenhead, co-author of Strategies for Project Sponsorship. I spoke to the authors of Strategies for Project Sponsorship , a book about how to sponsor projects, and reading it from a project manager’s perspective is a great way to improve how you interact and engage with your project sponsor. Thanks, Ron!

Retail 392

Retail Governance Government Consulting 392

ProjectManager.com

SEPTEMBER 1, 2021

This includes the supply chain plan (or strategy) supply chain management, the source of raw materials and services, manufacturing and boosting productivity, delivery and logistics and the return system for defective or unwanted products. A supply chain manager is responsible for reducing stock shortages and keeping prices down.

Planning 335

Planning Manufacturing Logistics Monitoring 335

Rebel’s Guide to PM

JULY 20, 2023

Here’s the list: Strategy Logs and registers Plans Hierarchy charts Baselines Visual data and information Reports Agreements and contracts Other – a bucket category for anything else. Strategy artifacts The first category is documentation that relates to strategy and project initiation. You can grab the set I use here.

Logistics 258

Logistics Artificial Inteligence PMI Performance Measurement 258

Planio

FEBRUARY 12, 2024

In the process of developing a competitive analysis, you’ll gather and analyze data on your ideal customer base, competition, distribution channels, and pricing and marketing strategies. Turbocharging your go-to-market strategy. Understanding trends and risks. Providing a benchmark for growth.

Underperforming Technical Team 88

Underperforming Technical Team Technical Review Estimate Influencer 88

The Strategic Project Manager

FEBRUARY 29, 2024

Then it looks at how the framework can be applied in devising strategy, and managing project, programs, and portfolios. The Four Actions Framework, also known as the ERRC framework, is a ‘blue ocean’ strategic management tool introduced in the book “Blue Ocean Strategy” by W. What Is the Four Actions Framework?

Sustainability 97

Sustainability Transportation Innovation Aerospace 97

ProjectManager.com

APRIL 28, 2021

In order to understand cost control, you must first understand why it is used: monitoring expenses and identifying risks in order to increase profits. Predicting risks is another key factor in cost control. When you accurately analyze risks before they happen, you can modify the project budget before any change occurs.

Controlling 306

Controlling Risk Management Estimate Budget 306

ProjectManager.com

AUGUST 30, 2022

One of their duties is to come up with strategies that realize the defined program objectives. Identify and mitigate issues and risks. As leaders, program directors must implement their strategies, and poor communication leads to confusion, mistakes and delays that directly impact the return on investment.

Underperforming Technical Team 283

Underperforming Technical Team Software Review Certification Monitoring 283

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. Contract management is streamlined as AI systems monitor contract lifecycles, ensuring compliance and mitigating risks of costly oversights.

Generative AI 118

Generative AI CTO Hire Fractional CTO Healthcare 118

ProjectManager.com

NOVEMBER 22, 2022

Prices for things change and there’s an inherent risk in putting together an event that can impact your budget. The first thing you need to do is identify your event strategy. Equipment is often part of the price of renting the venue, but that’s not always the case. Create an Event Plan.

Budget 330

Budget Transportation Estimate Risk Management 330

ProjectManager.com

JULY 19, 2022

They take on all responsibilities, risks and the management of both the design and the build of the construction project throughout all its phases. The contractor is responsible for all construction risks until the project is completed. Beyond that, there are other responsibilities that go beyond managing the supply chain strategy.

Construction 279

Construction Finance Underperforming Technical Team Logistics 279

Scrum.org

JANUARY 30, 2024

This approach reduces the risks associated with large-scale initiatives and aligns with the market's ever-changing demands. By delivering value in smaller batches, teams can gather feedback, adapt their strategies, and mitigate risks more effectively.

Agile 173

Agile 2019 Risk Management Innovation 173

Resource Guru

SEPTEMBER 27, 2023

But it does mean a balanced strategy that leans on strong retention practices matters. In such cases, it suggests that a significant portion of your client base is at risk, affecting your client retention rate significantly. But that’s hardly the only benefit of establishing a strong agency client retention strategy.

Technical Review 52

Technical Review Underperforming Technical Team Software Review Transportation 52

ProjectManager.com

JULY 5, 2022

The need for a business case is that it collects the financial appraisal, proposal, strategy and marketing plan in one document and offers a full look at how the project will benefit the organization. Discern the risks and issues associated with each solution. Marketing Strategy. Risk Assessment. SWOT Analysis.

Underperforming Technical Team 370

Underperforming Technical Team Project Life Cycle Risk Management Governance 370

ProjectManager.com

FEBRUARY 22, 2023

The more accurate these business forecasts, the better adjustments a business can make to optimize its strategies and change its current operations to take advantage of what’s to come. These goals and objectives will be a lodestar that the company and its employees will follow through planning that comes out of the strategy.

Software Review 327

Software Review Technical Review Manufacturing Logistics 327

The Strategic Project Manager

FEBRUARY 9, 2022

Is there a way to boil down strategic choices to three generic strategies? Strategy guru Michael Porter has done just that. This post explores the generic strategies, the pitfalls in choosing one, and their importance to project managers. Overview of Porter’s Three Generic Strategies. The Cost Leadership Strategy.

Leadership 81

Leadership Innovation Manufacturing PMO 81

ProjectManager.com

DECEMBER 13, 2022

This will give you an idea if it’s the right strategy to execute your portfolio management. Lean portfolio management is a process by which strategy is aligned with execution using a lean approach and agile portfolio operations and governance. What Is Lean Portfolio Management? Mapping the Value Stream. Establish Strategic Themes.

Lean 329

Lean Software Review Manufacturing Governance 329