Wed.Nov 15, 2023

article thumbnail

The Most Common Project Management Pitfalls

Ganttic

Effective project management is the backbone of successful businesses and initiatives. However, even the most seasoned project managers can find themselves entangled in the web of common pitfalls that hinder progress, derail timelines, and threaten project success. In this blog post, we’ll explore the top project management pitfalls and discuss strategies to steer clear of them.

article thumbnail

How to Manage a Residential Construction Project

ProjectManager.com

There are four types of construction projects: commercial construction, industrial construction, infrastructure construction and residential construction. Residential construction might be the easiest for laypeople to understand as most of us live in these types of structures. But do we really know what residential construction is? Before we get into the management of a residential construction project, we’ll explore the meaning of residential construction and examples of the two major types of

Insiders

Sign Up for our Newsletter

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

article thumbnail

The Growth in Importance of Project Value

The IIL Blog

By Harold Kerzner, Ph.D. November 15, 2023 All management disciplines, project management included, contain words and expressions that have meanings susceptible to change over time. Some expressions, such as the work breakdown structure (WBS) and statement of work (SOW) have undergone very few changes. On the other hand, the term “project value” has had multiple interpretations based upon the type of project, when in the project life cycle the term is used, and who is using the term.

2023 157
article thumbnail

The Crucial Role of the Product Owner in Shaping a Product Backlog

Scrum.org

As a professional in the field of software development and a proponent of Scrum, I've come to understand the importance of the Product Owner's role in the creation and maintenance of a product backlog. It's a role that starts with a simple premise: to maximise value. Yet, the depth of this position unfolds as one engages with the intricacies of product development.

article thumbnail

5 Ways You Can Win Faster with Gen AI in Sales

Incorporating generative AI (gen AI) into your sales process can speed up your wins through improved efficiency, personalized customer interactions, and better informed decision- making. Gen AI is a game changer for busy salespeople and can reduce time-consuming tasks, such as customer research, note-taking, and writing emails, and provide insightful data analysis and recommendations.

article thumbnail

What's the worst case?

Musings on Project Management

Perhaps the most common question in risk management, if not in project management is this one:"What's the worst case that can happen?"Don't ask me that!Why not?Because I don't know, and I'd only be guessing if I answered.So what questions can you answer about the future case?

More Trending

article thumbnail

6 Effective Ways to Mitigate Resource Risks in Project Management

PM Times

Do you face challenges securing specialized skills for your projects in advance? Is your organization experiencing frequent unplanned employee attrition? Are you finding it hard to identify suitable candidates for critical positions? If your answer is “yes” to the above questions, it’s high time to develop strategies to mitigate these resource-related risks.

article thumbnail

Why Is It So Hard to Find a Good Remote Job? 

Productivity Land

With the onset of the pandemic, both organizations and professionals were forced to rethink how people worked. This became a pivotal point that drew attention to the many perks of remote work models. For businesses, remote arrangements help access a wider talent pool, reduce employee costs, and minimize staff turnover and absenteeism-related risks. Employees, on the other hand, get to enjoy improved job satisfaction, greater flexibility and freedom, and better work-life balance.

2025 82
article thumbnail

5 Biggest Mistakes in OKR Implementation and How to Overcome them

NimbleWork

Goal-setting is one of the most vital topics for organizations. After all, how can you achieve your objectives if you don’t know what they are? How do you expect to motivate your workforce and create alignment if you don’t have shared goals to pursue as a team? When it comes to goal-setting in organizations, an approach that stood the test of time is the OKR framework.

article thumbnail

CSM vs PSM: What are they and How do they Compare?

Online PM Courses

CSM vs PSM: Certified Scrum Master and Professional Scrum Master are the most widely known scrum certifications. How do they compare? The post CSM vs PSM: What are they and How do they Compare? appeared first on OnlinePMCourses.

article thumbnail

The 2nd Generation of Innovation Management: A Survival Guide

Speaker: Chris Townsend, VP of Product Marketing, Wellspring

Over the past decade, companies have embraced innovation with enthusiasm—Chief Innovation Officers have been hired, and in-house incubators, accelerators, and co-creation labs have been launched. CEOs have spoken with passion about “making everyone an innovator” and the need “to disrupt our own business.” But after years of experimentation, senior leaders are asking: Is this still just an experiment, or are we in it for the long haul?

article thumbnail

Understanding the Importance of Emotional Intelligence in Leadership

The IIL Blog

By Brian Scott November 15, 2023 1. What is Emotional Intelligence? “Emotional Intelligence (EQ) is the ability to recognize, understand, manage, and effectively use emotions in ourselves and others. It involves empathy, self-awareness, self-regulation, motivation, and social skills.” Kendra Cherry, 2023. “Emotional intelligence is defined as the ability to understand and manage your emotions, as well as recognize and influence the emotions of those around you.

article thumbnail

Digital Banking: Solutions Required to Mitigate the Cyber Crimes

Binfire

The millennials prefer to perform online transactions compared to in-person withdrawals of money. The Digital means are convenient, and they save the time of customers. Due to this, the banks have even reduced their branches in 2023. Primarily, people in Poland find it safe to use e-banking. Only 4% of the individuals do not prefer it and think their data is not secure.

article thumbnail

Monday vs Asana: Which one is better for resource managers?

Resource Guru

When it comes to managing your projects, shared calendars and resource allocation, you want to find the best project management software for the job. Monday and Asana seem to be popular project management tools. So we decided to take a close look at Monday vs Asana. While Resource Guru is generally rated to have the best-in-class resource management features in a project management tool, we wanted to give both Monday and Asana a fair review, assessing which features they actually offer, what it’

article thumbnail

How to Fix Common Scrum Master Mistakes

Scrum.org

We all make mistakes in life and there are many mistakes Scrum Masters make when new in their role. What are they and what can be done about it? In this Responsive Advisors Scrum Lightning Round, we have some ideas to share about common Scrum Master mistakes.

SCRUM 195
article thumbnail

10 Ways to Leverage Buyer Signals and Drive Revenue

In today’s ultra-competitive markets, it’s no longer enough to wait for buyers to show obvious signs of interest. Instead, sales teams must be proactive, identifying and acting on nuanced buyer behaviors — often before prospects are fully ready to make a purchase. In this eBook from ZoomInfo & Sell Better, learn 10 actionable ways to use these buyer signals to transform your sales strategy and close deals faster.

article thumbnail

From Project Management to Project Leadership: Beyond Tools and Techniques

NimbleWork

Over the past 40 years, tools and techniques have exponentially improved, aiming at efficiency and productivity. Yet, the percentage of projects failing to deliver their expected value has remained at 70%. Leading organizations such as Gartner, CIO, PMI, Harvard Business Review, Forrester, and Standish Group, keep citing the critical gap: lack and misalignment of essential ‘soft skills’ in project management.

article thumbnail

[VLOG] How To Become An Excellent Technology Professional? The 6 Dimensions Of Excellence

Scrum.org

How can someone become an excellent technology professional? Should they just focus on the technical aspect of their profession? Or should they consider other aspects? In this video blog, I offer 6 dimensions that technology professionals could consider as they travel on the path of excellence. This is a sequel to my blog on this topic - "Who Is An Excellent Technology Professional?

185
185
article thumbnail

Overcoming Grief in a Changing Workplace

The IIL Blog

By Doris Dahdouh, MSW, INHC November 15, 2023 It’s been a long day, and you’re feeling drained. You drop your bag and jacket by the door as you enter your home, barely making it to the couch with your phone and keys. You have had long days before. But today feels different. You were not yourself, almost disconnected during an impromptu staff meeting. “Why am I feeling this way?

2024 78
article thumbnail

Setting Time Tracking Limits in ActiveCollab

ActiveCollab

Time tracking is a vital feature for companies and freelancers that charge by the hour, but also for those who need an accurate assessment of the activity’s duration. In ActiveCollab, your teams can track time on tasks and projects and choose the job type they’re working on. We’re introducing many new options in the upcoming version of ActiveCollab, but some of them are already available to our users as well.

article thumbnail

Unlock The Blueprint: How To Construct A Better Payment Workflow

Speaker: Timothy Allsopp

Payment challenges often lead to delayed projects, financial bottlenecks, and strained relationships. With construction projects becoming more complex, outdated processes are no longer sustainable. By refining financial workflow, companies can improve cash flow, reduce error, and foster trust between stakeholders. Discover practical strategies for redesigning payment systems to overcome workflow challenges while creating a smoother, more reliable process for contractors and subcontractors alike.