Rebel’s Guide to PM
APRIL 15, 2024
As a program manager, PMO or project team leader, you probably think about how to plan upcoming work. And that includes the requirements for developing the project management capability in the organisation to deliver the upcoming projects. It’s easy to think that certification is the answer to developing capability in your project managers, but it’s better to take a step back from that.
ProjectManager.com
APRIL 11, 2024
Products can be manufactured, but they don’t end up in a customer’s hands until they’ve been stored in a warehouse. It acts as a waystation, a part of the larger manufacturing and fulfillment processes. The better the warehouse management, the greater the company’s success. After defining warehouse management and its importance, we’ll focus on its key areas and what the operation life cycle looks like.
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ProjectManager.com
APRIL 9, 2024
A kanban board is a project management tool that manages workflows and processes using two key elements: kanban cards, which represent tasks, and kanban columns which divide the kanban board vertically to represent steps or stages of completion for them. When first invented in 1940, kanban boards were analog tools that could be made with pen and paper.
Scrum.org
APRIL 10, 2024
In the rapidly evolving landscape of the 21st century, the demands on leaders are unprecedented. The digital revolution, a globalized economy, and a shifting social paradigm demand a leadership approach that is both innovative and grounded in reality. This is where Evidence-Based Leadership (EBL) comes into play. It's not just a framework; it's a paradigm shift in how decisions are made at the helm of an organization.
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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.
Musings on Project Management
APRIL 11, 2024
12 trillionThe estimated number of tokens used to train OpenAI’s GPT-4, according to Pablo Villalobos, who studies AI for research institute Epoch. He thinks a newer model like GPT-5 would need up to 100 trillion tokens for training if researchers follow the current growth trajectory. OpenAI doesn’t disclose details of the training material for GPT-4.
Project Management Update brings together the best content for project management professionals from the widest variety of industry thought leaders.
ProjectManager.com
APRIL 10, 2024
Placing an order and receiving it seems straightforward. But the only reason it feels effortless is because of order management. We’ll explain what order management is and explore how an order management process is conducted. There are, of course, people behind the order management process. We’ll define those roles and link to some free templates to download, which will help users facilitate the order management process.
Rebel’s Guide to PM
APRIL 14, 2024
As project managers, most of us know how important it is to make sure that what we deliver is actually useful and used by the people we deliver it for. That’s where change management comes in. Have you ever wished someone could give you the secret to dealing with resistance to change? Me too! I’m sorry to say there isn’t a secret exactly. It’s more a collection of best practices, real-world advice and tried-and-tested strategies for speedy and stress-free change management.
Scrum.org
APRIL 15, 2024
The core of our discussion revolves around the philosophy of working as a team, specifically within the realm of Kanban. As we delve into the subject, it's pertinent to note the emphasis placed on defining and visualising our workflow. This concept is not just about laying out tasks on a board; it's a comprehensive approach to understanding and agreeing on how we operate as a cohesive unit.
Musings on Project Management
APRIL 16, 2024
If you snow ski, you understand the risk of a Black Diamond run: it's a moniker or label for a path that is risk all the way, and you take it (for the challenge? the thrill? the war story bragging rights?) even though there may be a lesser risk on another way down.
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
Leading Agile
APRIL 11, 2024
Agile is really about designing a System of Delivery that can produce the business results that matter to your executives and key stakeholders. But, in most large organizations, there are a ton of underlying issues that end up getting in the way. And a cultural shift in mindset or an even more dogmatic approach to Agile practices aren’t going to fix the organizational impediments that prevent organizations from adopting Agile and establishing a high-performing System of Delivery.
Rebel’s Guide to PM
APRIL 12, 2024
Project managers need to be good at facilitation because we run a lot of meetings and take part in a lot of discussions. A lot of facilitation happens during project initiation. But you also want to be able to draw on your facilitation skills throughout the life of your project. I’ve run literally hundreds of project meetings during my career, probably thousands.
Scrum.org
APRIL 11, 2024
Zombie Estimation is where a team mechanically assigns story points to tasks without a true understanding or engagement in the purpose and method of estimation. This process becomes a ritual devoid of meaningful discussion, insight, or reflection on the complexity, effort, and risks involved in completing a task. The team goes through the motions of estimation, but the numbers lack consistency, insight, and fail to facilitate effective planning or reflection.
The IIL Blog
APRIL 10, 2024
By Steven Briggs April 10, 2024 Introduction As the world of business management continues to evolve, the opportunities and interest in the field has grown exponentially. As the field continues to grow and offer varied opportunities to skilled and knowledgeable candidates with a business management acumen, more people are taking up courses and degrees to upskill themselves in the relevant niches of business management.
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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.
Online PM Courses
APRIL 10, 2024
In this video, I answer the question, what is Expected Monetary Value, EMV? And we look at its use in risk management and decision theory. The post What is Expected Monetary Value? (EMV) appeared first on OnlinePMCourses.
Henny Portman
APRIL 15, 2024
The latest PMI Pulse of the Profession 2024 Report shows that hybrid gains ground as the fit-for-purpose approach, reflecting comparative data from 2022 and 2023. While the agile methodology has seen a slight decline in usage from 27% to 24.6%, and Waterfall has also decreased from 47% to 43.9%, the hybrid model has notably risen from 26% to 31.5%. An increasing number of organizations are encountering challenges in their agile transformations.
Rebel’s Guide to PM
APRIL 9, 2024
Project managers want to make the best decisions for themselves, the project, and the project team. In order to do so, project managers must be aware of biases. Based on experiences, people can come to different conclusions when presented with the same scenario and that’s where biases come into play. Project managers make decisions all the time, by the hour, minute, or even second.
Scrum.org
APRIL 12, 2024
As many scrum masters set out on their journey, they are often as new to their role as their manager. How do they know what the expectations of their role are if there is no one experienced to tell them? This post (inspired by Ben Horowitz author of “The hard things about hard things”) is for scrum masters, and people who work with scrum masters, and explores what good and bad looks like.
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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.
Project Pulse Journal
APRIL 15, 2024
By: Hajime Estanislao, PMP, CSM The quest for methodologies that offer efficiency and agility has never been rockier. Agile methodologies stand at the forefront of this quest, providing the blueprint for rapid, responsive, and customer-centric project execution. Are you navigating the challenges of complex project landscapes, aiming to enhance collaboration, or striving to meet ever-evolving customer demands with precision?
MPUG
APRIL 11, 2024
The way we work is constantly evolving, and project management is no exception. The Project Management Institute’s (PMI) 15th annual Pulse of the Profession report dives into the latest trends shaping the field, highlighting a clear shift towards adaptability, flexibility, and empowering project teams. Key Takeaways: Hybrid is the New Standard : Organizations are shifting toward more flexible, fit-for-purpose hybrid project management approaches that combine elements of traditional and Agi
PM Times
APRIL 10, 2024
Within project management, reporting stands out as one of the most critical services provided by Project Management Offices (PMOs). It serves as a crucial communication tool for fostering stakeholder engagement and is frequently highlighted as a major contributor to P3M (Portfolio, Programme, and Project Management) maturity. It’s also the area most stakeholders express a desire […] The post Walking The Reporting Tightrope in PMOs appeared first on Project Management Articles, Webina
Velociteach
APRIL 9, 2024
A picture is worth a thousand words. Projects can generate a lot of data. Large, mature organizations generally have the tools to capture, store, and analyze this information effectively. However, small and less mature organizations and those leading non-traditional efforts often lack the tools, practices, and experience. I teach project fundamentals classes to non-traditional project […] The post Project Data Visualization appeared first on PMP Certification Exam Prep & Training - Vel
Advertiser: ZoomInfo
Marketing technology is essential for B2B marketers to stay competitive in a rapidly changing digital landscape — and with 53% of marketers experiencing legacy technology issues and limitations, they’re researching innovations to expand and refine their technology stacks. To help practitioners keep up with the rapidly evolving martech landscape, this special report will discuss: How practitioners are integrating technologies and systems to encourage information-sharing between departments and pr
Scrum.org
APRIL 9, 2024
The realm of Agile development is ever-evolving, with new tools and philosophies emerging to streamline and enhance the workflow. As someone deeply entrenched in this world, I've found that embracing these changes can dramatically improve how we manage projects. Azure DevOps has become a cornerstone of my Kanban philosophy, offering unparalleled flexibility and visibility into our workflows.
Teamweek
APRIL 10, 2024
Have you ever met someone you had a lot in common with and felt instantly connected? That’s similarity bias — the effect of a shared background, interests, looks, or experiences positively influencing your perception of a person when it might not be entirely justified. While this can be a great advantage in frivolous social settings, it’s not usually the best measure of a person’s personality or skills in a professional setting.
The IIL Blog
APRIL 10, 2024
By Monica Mendoza April 10, 2024 Conventional business wisdom says that offering a competitive compensation package is key to attracting and retaining talent, and this remains largely true to this day. Unfortunately, not all small businesses have the cash flow or reserves needed to reliably offer compensation at the level of larger, more stable competitors.
MPUG
APRIL 11, 2024
Many people have mastered the scheduling, resourcing, and costing aspects of Microsoft Project Planner® , thinking they have no more worlds to conquer. Let me suggest that there are worlds out there awaiting your gentle touch, and worlds that require the firm hand of a project office (PMO) or a project manager with a will of steel. Those worlds are text and numbers.
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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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