The Strategic Project Manager

JANUARY 9, 2024

This post digs into this ambitious career objective, the required skills and attributes, strategy and project management as steppingstones to the CEO role, and attractive alternative career objectives. Financial Acumen – Understanding financial statements, managing budgets, and making financially sound decisions are fundamental.

Fractional CTO 52

Fractional CTO CTO Hire Underperforming Technical Team Leadership 52

Rebel’s Guide to PM

NOVEMBER 24, 2017

You didn’t budget properly.”. Senior management cut our budget request to $15k. And you didn’t attend that budget meeting when I invited you.”. I’ve put together a Stakeholder Management Masterclass to help you create better working relationships with your stakeholders (only open to 30 November 2017).

2017 152

2017 Closing Budget Risk Management 152

Project Pulse Journal

MARCH 18, 2024

Imagine navigating project risks confidently with efficient resource utilization, managing projects for maximum efficiency, and promoting a culture of transparency and accountability within your project team and organization. However, it's not merely about mitigating risks; it's about transforming them into opportunities for value creation.

Governance 52

Governance Government Risk Management 2015 52

Project Pulse Journal

NOVEMBER 18, 2023

Implementing tools such as earned value analysis , variance analysis, and risk assessment ensures that potential problems are addressed before they escalate, thereby avoiding the pitfalls of reactive management. Cost Adherence: It ensures the project stays within budget, preventing unwanted financial surprises.

Monitoring 40

Monitoring Controlling Technical Review Software Review 40

Ron Rosenhead

MAY 31, 2017

UK employers expect to face a shortage of skilled workers in 2017, and one in three will be under “severe pressure” to find suitable employees’. This has had an impact on project delivery with projects being late or over budget to pay for external consultants to fill the skills gaps – when they can find them. City A.M. ’UK

2017 150

2017 Risk Management Consulting Engineering 150

Project Pulse Journal

NOVEMBER 21, 2023

Many projects risk failure during the closure phase due to overlooked details, miscommunication, teams disbanding too early, or simply the rush to finish. Picture a closure where risks are minimized, lessons are documented and learned, and the project's benefits are fully realized. Now, you're on the verge of wrapping it up.

Closing 52

Closing Technical Review 2015 Risk Management 52

Ron Rosenhead

MARCH 15, 2017

For the first time in the last five years of this research, we see that more projects are meeting original goals and being completed within budget.”. The report concludes that: “The path to increased progress is still very important and should, as outlined by our 2017 findings, includes”. PMI Pulse of the Profession 2017.

2017 113

2017 PMI Influencer Risk Management 113

Herding Cats

MAY 10, 2019

Risk Management is essential for development and production programs. Risk issues that can be identified early in the program, which will potentially impact the program later, termed Known Unknowns and can be alleviated with good risk management. Effective Risk Management 2 nd Edition , Edmund Conrow, AIAA, 2003.

Risk Management 38

Risk Management Risk Technical Review 2002 38

Project Pulse Journal

MARCH 11, 2024

With the right strategies and techniques, you can unlock the full potential of value creation in project management. Dive into the strategies outlined in this article and start implementing them in your projects today. Ready to elevate your project management game?

Innovation 52

Innovation Sustainability Monitoring Risk Management 52

Project Pulse Journal

APRIL 2, 2024

Imagine possessing the ability to seamlessly integrate the intricate web of internal stakeholders and external factors into your project strategy. Envision your projects thriving amidst the chaos, fortified by adaptive strategies and an unparalleled understanding of every variable at play. The result?

Influencer 40

Influencer Governance Government Technical Review 40

Project Pulse Journal

APRIL 3, 2024

With the appropriate strategies and insights, mastering stakeholder engagement can turn from a skill into a project superpower. This interaction requires comprehensive stakeholder identification, in-depth analysis of their expectations and influences, strategic prioritization, and the implementation of dynamic engagement strategies.

Influencer 40

Influencer 2005 Innovation Technical Review 40

Herding Cats

MAY 11, 2019

This blog page is dedicated to the resources used to manage the risk encountered on software-intensive systems using traditional and agile development methods. Let's start with a critical understanding of the purpose of managing risk on software development projects. Risk Management is essential for development and production programs.

Risk Management 35

Risk Management Risk Technical Review 2002 35

Epicflow Blog

NOVEMBER 10, 2020

According to PMI’s Job Growth and Talent Gap in Project Management 2017-2027 , throughout these years, the biggest number of vacancies in PM will be suggested by the manufacturing and construction sector. . Risk Management. Industry knowledge will help you identify probable risks and manage them. Industry Challenges and Trends.

Technical Review 102

Technical Review Underperforming Technical Team 2027 Risk Management 102

MPUG

SEPTEMBER 15, 2020

Independent Estimates : This is a process of using a third party to obtain/analyze information which will be used to support prediction of cost, schedule, or other items (PMBOK 2017, pg. Two good add-ons are @Risk from Palisade.com and Crystal Ball from Oracle. Tasks shorter than a day (too granular?)

Software Review 69

Software Review Estimate 2017 Technical Review 69

ProProfs Project Management

OCTOBER 9, 2020

Usually, it is considered that low budget is a prime reason why maximum projects fail, but that’s not true every time. According to a report from Gartner , projects funded over 1 million dollars have a 50% higher failure rate than ones budgeted below $350,000. Risk Management. Such as: Better budget control .

Executing 98

Executing Underperforming Technical Team Closing Budget 98

EasyProjects

OCTOBER 26, 2020

What is its strategy for achieving those goals? Increasingly, companies have full-time project-management offices (PMO) with staff and budgets to pursue project planning, management, and evaluation full time. Is it within budget?) How do mission and long-term strategy translate into selection criteria? Assigning a score.

PMO 91

PMO Technical Review Underperforming Technical Team Information Technology 91

Wrike

OCTOBER 9, 2019

While there are plenty of businesses that failed to embrace a digital transformation strategy and paid the ultimate price à la Blockbuster, there are just as many successful digital transformation examples worth studying. In December 2017, Home Depot committed more than $11 billion to a three-year digital transformation plan.

2012 69

2012 2014 Retail 2017 69

Online PM Courses

NOVEMBER 4, 2018

Take a look at our reviews of the last three ( 2016 , 2017 , 2018 ). Risk management. Time, budget, and cost estimation. Working with project stakeholders to create a strategy for delivering your products into the organization. Why Did the PMI Introduce the Talent Triangle? Issue Logs. Financial Reports. Business acumen.

PMI 74

PMI Technical Review Certification Leadership 74

Project Pulse Journal

NOVEMBER 6, 2023

By: Dr. Michael Shick, MSPM, PMP, CSM Are you navigating the complex waters of project management, feeling the push and pull of deadlines, budgets, and expectations? Visualize achieving your project goals, delivering your product or service on time, within budget and scope, and the quality to meet your customer/client specifications.

Project Life Cycle 40

Project Life Cycle Software Review Underperforming Technical Team Monitoring 40

ProProfs Project Management

DECEMBER 6, 2019

As per the reports, 41% of the projects executed in 2017 were high complexity projects. . Let’s discuss the best project management practices and answer these questions comprehensively: #1 Create a Risk Response Team. Refer to any project management best practices guide, and you will find that risk management is a must.

Technical Review 80

Technical Review Software Review Underperforming Technical Team Risk Management 80

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. Whether unexpected budget escalation, unforeseen weather delays, or a global pandemic, project management is fraught with challenges that can derail even the most meticulously planned project.

Risk 52

Risk Artificial Inteligence 2023 2017 52

Scrum.org

MARCH 19, 2022

A paper I published in 2017 and which includes inspiration from other experienced Scrum practitioners, with Gunther Verheyen in particular. How is Scrum a framework to manage risk and deliver value sooner? budgeting, career paths, strategy processes,…). Strategies For Being A Remote Scrum Master.

SCRUM 206

SCRUM Leadership Influencer Agile 206

LiquidPlanner

NOVEMBER 2, 2017

Drawing from his years leading technology projects at Microsoft, Berkun offers readers field-tested philosophies and strategies for defining, leading, and managing projects. He brings in PM experts to talk about a wide variety of topics, everything from how to become a PM to managing unknown risks. Start date: November 6, 2017.

Technical Review 113

Technical Review 2018 Underperforming Technical Team Certification 113

The Squad Report

JULY 18, 2018

Which is why we have gathered 10 Project Management hacks you should have known and can still use in the future: Automate your project management methodologies ​ KPMG’s Project Management Survey 2017 reported 80% of organizations, use more than one project management methodology.

Technical Review 40

Technical Review 2017 Software Review Underperforming Technical Team 40

Wrike

DECEMBER 11, 2019

Project budgeting. Project managers don’t just need to deliver projects on time — they need to deliver them on (or under) budget. According to Project Management Institute’s 2017 Pulse of the Profession Survey , insufficient funding was one of the factors responsible for project failure. . Project budgeting. postbanner].

Underperforming Technical Team 65

Underperforming Technical Team Technical Review Software Review 2017 65

Scrum.org

APRIL 27, 2020

Source : Scrum Guide 2017. Therefore, to mitigate the risk of running a remote Sprint Review, for many Scrum teams applying Liberating Structures is sound business advice. The result of the Sprint Review is a revised Product Backlog that defines the probable Product Backlog items for the next Sprint. “The

Technical Review 180

Technical Review Development Team Review Agile SCRUM 180

Planio

FEBRUARY 19, 2020

However, a 2017 study found that software failures cost the U.S. Design the test strategies (and approach) you’re going to use. A test plan is a detailed document that outlines the test strategy, objectives, resources needed, schedule, and success criteria for testing a specific new feature or piece of software. economy $1.7

Planning 78

Planning Software Review Underperforming Technical Team Technical Review 78

Wrike

JUNE 3, 2019

Tools & equipment: It’s time to gather all the things you’ll need to begin construction, following the agreed-upon draft and budget. Risk-management plan. Any project involving humans will assume some sort of risk, particularly when heavy machinery and tools are involved. Unrealistic budgets. Step 1: Create a plan.

Construction 75

Construction Technical Review Software Review Sustainability 75

Online PM Courses

MAY 28, 2018

Risk response strategies are the basic ways you can handle project risks. In this article we’ll examine the risk response strategies you have available to you, what they mean, and when you should use them. Introducing Project Risk Management. The Risk Management Process. Click To Tweet.

Risk 70

Risk Technical Review PMI Risk Management 70

Herding Cats

JUNE 9, 2018

Optimism bias - a cognitive bias that causes a person to believe that they are at a lesser risk of experiencing a negative event compared to others. What is the Plan to reach done at the needed time for the needed budget, with the needed outcomes? 2] "The effect of fast and slow decisions on risk taking," M. Kirchler, D.

Transportation 39

Transportation Software Engineering Finance 2011 39

Project Pulse Journal

NOVEMBER 24, 2023

By: Dr. Michael Shick, MSPM, PMP, CSM Are you a project manager struggling to predict the risks in your projects accurately during planning? This is where Monte Carlo Simulation transforms the art of project risk management into a more precise science, as part of quantitative risk analysis.

Risk Management 52

Risk Management Risk Engineering Estimate 52

Workzone

OCTOBER 30, 2021

Must-Read: 7 Tips for Project Management Success in 2017. Must-Read: Simple Project Management Risk Plan That Works. For veteran project managers looking for detailed strategies, Better Projects goes deeper into some very effective strategies. Bob Sutton. Bob Sutton has lots of experience working as a project manager.

Software Review 49

Software Review Technical Review 2017 Software 49

Herding Cats

JUNE 9, 2018

Optimism bias - a cognitive bias that causes a person to believe that they are at a lesser risk of experiencing a negative event compared to others. What is the Plan to reach done at the needed time for the needed budget, with the needed outcomes? 2] "The effect of fast and slow decisions on risk taking," M. Kirchler, D.

Transportation 28

Transportation Software Engineering Finance 2011 28

Workzone

MAY 18, 2022

Create timelines and budgets? They find themselves accountable to stakeholders, give status updates on projects to higher-ups, or oversee budgets and resources for a team of people. How will you know what the right risk is? You won’t—that’s the nature of risk. More on budget talk later.) What is a Project?

Technical Review 29

Technical Review Software Review Risk Management Budget 29

Wrike

AUGUST 22, 2018

In 2017 alone, the Secaucus, New Jersey-based company made five high-profile acquisitions. Unfortunately, it hasn’t evolved quickly enough to meet the needs of frequent releases and rapidly evolving company strategy and direction.”. They can position themselves to help facilitate the strategy definition and realization.

PMO 50

PMO Agile Controlling Leadership 50

Strategy Execution | PMO Perspectives

APRIL 20, 2020

Ahead of its January meeting in Davos, the World Economic Forum published its Global Risks Report 2020, based on the input of 750 experts and outlining the biggest risks faced by economies over the next 10 years [1]. And if the WEF didn’t see a risk coming, then what hope do we have? Surely no-one could have predicted Covid-19?

2020 95

2020 Risk Risk Management Technical Review 95

Strategy Execution | PMO Perspectives

MARCH 14, 2019

Although we face many uncertainties at all of these levels, both in terms of threats and opportunities, we can be confident that our corporate risk management structure enables us to understand the risks, and provides a framework within which acceptable risk may be managed in line with stakeholder expectations.

Risk Management 43

Risk Management Risk 2017 Technical Review 43