September, 2023

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You’ve Chosen a Career in Project Management…Now What?

The IIL Blog

By Veronica Thraen September 20, 2023 In a previous article, I provided three ways to test your readiness for a career in project management when you are looking for a change or just starting your professional career journey. Choosing to embark on a career as a project manager could be one of the wisest and timeliest decisions you make. The Project Management Institute (PMI), the world’s leading certification body for project managers (PMs), predicts that the global economy will need 25 million

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‘Delay Thinking’ Is a Project Success Factor

PM Times

Often, it is better to spend more time than it is to speed to meet a deadline. Fast is good but not always. When rushing to get something done the probability of causing damage is high. Delay Thinking Delay thinking recognizes that there is a delay or lag between an action and its effect. […] The post ‘Delay Thinking’ Is a Project Success Factor appeared first on Project Management Articles, Webinars, Templates and Jobs.

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The Top 20 Symptoms of a Weak Development Team

TechEmpower - Project Management

When speaking with founders and CEOs, we often hear concerns like this: My project manager is losing confidence in the development team. The PMs are seeing late deliveries and bugs that suggest the devs just aren’t capable enough. I think that poor communication and differing team cultures might be part of the problem, but how can I know for sure? It’s a good question.

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How to Create a Project Management Communication Plan

Ganttic

When it comes to project planning, it’s easy to get caught up in resource allocation , budgeting, timelines, and dependencies. Unfortunately, communication planning often takes a back seat, even though it plays a crucial role in project success. To ensure effective communication, it’s essential to develop a well-crafted project communication plan that serves as a guiding blueprint.

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Acclaim Projects Helps Deliver Innovation Projects on Time and on Budget

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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Project deliverables 101: What every PM needs to know

Planio

Great deliverables sit at the core of every successful project. Whether it’s the meetings you run, the plans you build, or the outputs you create, project deliverables help set stakeholder expectations, guide your team’s work, and monitor your progress. But, despite the criticality of project deliverables, many project managers still only have a surface-level (or misguided) understanding of what deliverables really are and the value they bring.

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From Traditional Management to Agile Leadership

Scrum.org

In the heart of Poland, where history intertwines with modernity, I've often reflected on the distinctions between traditional management and agile leadership. This topic holds a special place, especially in our rapidly changing times. Enjoy this video? Like and subscribe to our channel: [link] ! Traditional management, as I perceive it, was moulded for clear-cut problems.

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Risk Mitigation in Project Management

ProjectManager.com

Risk is something every leader knows well. No decision in any organization occurs without some potential for loss. We all need to become comfortable with some risks. We are never going to eliminate all risks. So our best course of action is to prepare a risk mitigation plan so that we can manage those risks that are the most dangerous to our organization effectively before they have the opportunity to negatively impact us.

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PRINCE2: The Project Management Method Explained

Rebel’s Guide to PM

What is PRINCE2®? PRINCE2® is a project management method. It’s structured, and experience-based, created from the lived experience of thousands of project managers and successful projects. PRINCE2® stands for Projects IN a Controlled Environment (Version 2). And it’s not spelled PRINCE TWO! It’s a customizable way of managing and controlling the work.

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The Advantages of Earning a PMP® Certification for Your Career

The IIL Blog

By Ray W. Frohnhoefer In today’s competitive job market, professional certifications hold substantial value, particularly in specialized fields like project management. The Project Management Professional (PMP)® certification stands out as the gold standard, recognized, and respected worldwide. Obtaining a PMP certification provides career advantages and can propel your project management career forward.

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Strategic Finance Essentials: A Project Manager’s Guide to Financial Impact

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 expendi

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Unique Ways of Incorporating Branding in Your Business: Expert Tips and Strategies

Binfire

Businesses are always looking for new and innovative ways to stand out from their competitors. One way to do this is by incorporating branding into every aspect of the business. From the products and services offered to the way the business is presented to the public, branding can make a significant impact on the success of a business. One unique way to incorporate branding is through the packaging of products.

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Ad Hoc Project Management: The Art of Chaos and Confusion

MPUG

In the world of project management, a methodology stands out like a sore thumb, and that’s the notorious ad hoc project management. Suppose you’ve ever had the misfortune of encountering a project managed in this haphazard manner. In that case, you’ll understand why it’s often the subject of derision and eye-rolling among seasoned project professionals.

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The Illusion of #Velocity ?

Scrum.org

TL; DR: Why Velocity Is a Useless Metric from a Management Perspective Typically, the obsession with velocity doesn’t originate from the team itself. It trickles down from management. Equipped with spreadsheets and performance dashboards, leaders often turn to easily quantifiable metrics like velocity to gauge progress. But what if this managerial focus on velocity is a fata morgana obscuring the path to true agility and value?

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Process Manufacturing: Definition, Benefits and Examples

ProjectManager.com

Certain manufacturers use a recipe to combine materials to deliver products. This is called process manufacturing and is a production method that’s common when producing in bulk. To better understand process manufacturing, let’s first define the term and explore the different types of process manufacturing. We’ll then outline the top benefits and provide a few examples across industries to make process manufacturing clear.

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20 Common Mistakes Made by Inexperienced Project Managers

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.

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Who does what in Project Initiation in PRINCE2®

Rebel’s Guide to PM

Initiating a project is where it all starts in PRINCE2®. This is the phase where you start working out who is going to do what. You also put in place all the required elements to make sure the project goes smoothly. The Initiating a Project process is designed to “establish solid foundations” according to the 2023 Managing Successful Projects official manual, also known as PRINCE2 7.

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PMI-RMP: All you Need to Know about PMI’s Risk Management Certification

Online PM Courses

One Project Management certification that is growing in popularity is the PMI-RMP. This is PMI’s Risk Management certification. The post PMI-RMP: All you Need to Know about PMI’s Risk Management Certification appeared first on OnlinePMCourses.

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5 Resource Allocation Planning Tips

Ganttic

In the world of project management, success hinges on your ability to harness resources effectively. Imagine your project as a high-speed train, and resource allocation planning as the tracks that guide it to victory. Without a well-thought-out plan, your project may derail before it even leaves the station. But fear not, resource allocation planning is your ticket to a smooth ride towards your goals.

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Building A Practical Portfolio Roadmap with Microsoft Project

MPUG

Project creates, program guides, portfolio decides. – Quote from the book, “I Want To Be A PfMP – The Plain and Simple Way To Be a PfMP” Project is all about deliverables and it creates a unique product, service, or result. Program is all about getting benefits by coordinating the components within its scope. Portfolio, on the other hand, is about meeting the strategic business objectives of an organization with a collection of the right portfolio components.

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The Big Payoff of Application Analytics

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.

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Ready or Not? Demystifying the Definition of Ready in Scrum

Scrum.org

Over time, various myths and beliefs have surrounded the concept of the Definition of Ready. What does it entail? It's all about the conditions that must be met for a Product Backlog Item to be considered ready for action and understood enough by the entire Scrum Team so that it can be pulled into the Sprint Backlog during Sprint Planning. While some embrace it enthusiastically, others avoid it like a burning flame.

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Business Project Management Basics

ProjectManager.com

Businesses aren’t projects but they share many commonalities. While businesses run projects, they also have strategies and objectives that must be met. All of these things and more make them a perfect candidate for business project management. Let’s first explore the definition of business project management. Then, we’ll look at the role of a business project manager and the types of projects that a business will manage.

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IBM Project Manager Certificate: My Student Review

Rebel’s Guide to PM

Let me guess. You’re here because you’re interested in finding out whether the IBM Project Manager Professional Certificate is right for you? You’re in the right place. Summary review The IBM Project Manager Professional Certificate is a good CAPM® alternative or course to use towards your CAPM prep. It’s great for beginners but still has some formatting errors in the content as it’s still new at the time of writing.

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Managing Project Assumptions and Risks

The IIL Blog

By Alan Zucker We make hundreds of assumptions and take small risks daily. Without them, we would spend innumerable hours worrying about everything. We assume our car will start. Our air conditioner will work. The weather forecast is accurate. These daily assumptions are banal. Recovering from these risks may be inconvenient but not horribly impactful.

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How to Stay Competitive in the Evolving State of Martech

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

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Portfolio Management: Top 10 Things to Know About A Portfolio Roadmap (Part - 1)

Management Yogi

A portfolio roadmap is visual in nature. Because it’s visual, you can understand quickly and it can be used as an effective communication tool with your portfolio stakeholders.In this article, I’ll outline the top ten things to know about a portfolio roadmap.

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Do We Need Risk Management in Agile Projects?

MPUG

In this article, we’re addressing a common question in modern project management: Do we need risk management in agile projects? Yes! Let’s expand that simple answer. Do agile projects have risks associated with them? Yes, of course, they do. And do we want to let those risks run wild without any effort to contain them? Of course not. So, yes, of course, we need risk management in agile projects.

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Scrum Master's Toolkit: Essential Tools and Software for Agile Success

Scrum.org

Part of the Scrum Master accountability is finding effective tools for Product Backlog management, which often means that the Scrum Master is accountable for setting up the Scrum Board. A Scrum board, also known as a Kanban board, is a visual tool often used by Agile teams to track and manage work items, often represented as sticky notes or digital cards, as they progress through various stages of a project or sprint.

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How to Use Slack for Task Management

ProjectManager.com

Slack has quickly owned the communication space. Whether you’re working in an office or remotely, chances are you’re connecting with Slack. But this popular app is more than a tool for chatting. Slack task management is its stealth feature. You probably think of Slack as being used for time management, not project management, but when integrated with ProjectManager, you get the best of both worlds.

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From Complexity to Clarity: Strategies for Effective Compliance and Security Measures

Speaker: Erika R. Bales, Esq.

When we talk about “compliance and security," most companies want to ensure that steps are being taken to protect what they value most – people, data, real or personal property, intellectual property, digital assets, or any other number of other things - and it’s more important than ever that safeguards are in place. Let’s step back and focus on the idea that no matter how complicated the compliance and security regime, it should be able to be distilled down to a checklist.