Sat.Jan 07, 2017 - Fri.Jan 13, 2017

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6 Practical Ways to Actually Improve Your Cost Management

Project Risk Coach

PMP Exam Series - Cost Management Think about it for a minute – what have you done in the last six months to improve your cost management? Review the projects you’ve completed in the last year. How many of those projects came in over budget? Consider John, a savvy project manager, who was asked to manage a project to replace a dated network system.

Estimate 210
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Agile project management: A beginner's guide

Moira Alexander

If you're new to project management and the agile methodology, the answers to these 10 questions will arm you with the information you need to get started. And if you're a project management veteran, these frequently asked agile questions are a good refresher. What is agile? Agile is a project management methodology that uses short development cycles called sprints to focus on continuous improvement in the development of a product or service.

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2017 Project Management Conferences You Won’t Want To Miss

Rebel’s Guide to PM

If you are looking to attend a project management conference this year, chances are there is something close by that will appeal to you. I’ve compiled this extensive list of conferences both local to me in the UK and around the world. Use this quick link menu to jump to the relevant portion of the year. Make sure you sign up for the free 3-part mini-course on How to Get the Most Out of a Conference before you attend any of these events.

2017 215
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Leadership without impulse

Musings on Project Management

Point: Impulsive and unpredictable are some leader's styles. Such keeps managers -- who revere plans -- off guard and even defensive, but it wreaks havoc on strategy (ever changing) and metrics (rebaselining at every turn). Of course, your competitors may also be constantly off guard. In some businesses (start-ups, sports) and some military situations (See: General George Patton), "impulsive.

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The Ultimate Guide To Data-Driven Construction: Optimize Projects, Reduce Risks, & Boost Innovation

Speaker: Donna Laquidara-Carr, PhD, LEED AP, Industry Insights Research Director at Dodge Construction Network

In today’s construction market, owners, construction managers, and contractors must navigate increasing challenges, from cost management to project delays. Fortunately, digital tools now offer valuable insights to help mitigate these risks. However, the sheer volume of tools and the complexity of leveraging their data effectively can be daunting. That’s where data-driven construction comes in.

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What Puts Manufacturing Teams Ahead: Lean Six Sigma

LiquidPlanner

In any given year, I attend a lot of project management conferences. There are always common themes that come up at these conferences, but these days it seems that you can’t turn around without getting smacked in the face by Lean Six Sigma. It’s everywhere, and it’s not a fad. Lean Six Sigma has been growing up for quite a while now. It’s no longer the new kid on the block.

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Project Portfolio Management: Are You Suffering From Resource Allocation Syndrome?

Ganttic

Resource allocation is a good thing, right? You are managing multiple projects at once. On a Monday, after drafting up a general report, you find that while one of your resources is clearly overbooked for the week with tasks from 4 different projects, there is one resource with the same skillset, that doesn’t have any tasks until Thursday. You reallocate the second resource to the projects that the first one is working on and normalize the workload.

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Estimating the Risk

Herding Cats

Risk is everywhere on projects. This risk comes from two types of uncertainty. Aleatory uncertainty, which is the naturally occurring yields variances in the underlying processes. This uncertainty is handled with cost, schedule, and technical performance margins. Epistemic uncertainty comes from probabilistic processes that can be addressed with handling responses.

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Make 2017 YOUR Year!

Velociteach

Whoa, 2016 was a doozy! Many aspirants of the Project Management Professional (PMP)® Certification we spoke to throughout the year had a hard time making the PMP® certification exam a priority, as 2016 brought a lot of challenges and changes. Now that 2017 is here, it’s time to press the reset button and make this […] The post Make 2017 YOUR Year!

2017 52
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Take Control of Your Project Plan Calendar

Wrike

In project management , timing is half the battle. Leaders have to keep all the members of the team on track, hitting their deadlines and constantly making progress toward their shared goals. Getting everything done on time and under budget calls for strategy and forethought, and that’s why you need to maintain a clear project plan calendar. There are many different ways to set up a project planning calendar template, and it’s important for every leader to find an approach that works for their t

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How To Align Product Management And Supply Chain Operations For Successful Product Launches

Speaker: Shalini Dinesh

Effective cross-functional collaboration and communication heavily influence product launch success. Research shows that as many as 70% of product launches fail due to inadequate coordination among stakeholders, including supply chain, product management, legal, marketing, and change control teams (Gartner, 2022). The 2023 Supply Chain Insights Report highlights that 60% of supply chain disruptions are caused by poor communication and misalignment among cross-functional teams.

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Effective Leadership Skills. Are You Truly A Great Project Leader?

Fix my Project Chaos

Lately on the blog I’ve been exploring the ten skills that employers want from project managers. Effective leadership is one of the key skill that employers expect from project managers. While managing the project (costs, risks, issues, scope etc.) is important, leading the team (including the extended team) to deliver the required outcome is essential.

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Risk Management

Herding Cats

Risk Management is How Adults Manage Projects - Tim Lister. Risk Management requires making estimates of many things. The uncertainties that create the risk - reducible (Epistemic) and irreducible (Aleatory), the impacts from the risks, the efficacy of the corrective actions, the residual reducible uncertainty, and any changes in the irreducible uncertainties.

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To Jump or not to Jump

The Tao of Project Management

Welcome to 2017 I trust you all have a happy and rewarding year. As usual I will be dripping in my thoughts, meditations and opinions as we go, with a little bit about life (or the continuous learning program as I like to think of it). Speaking of continuous learning, I was contacted by Emily of Master of Project, regarding their training courses. I promised to take a look and I did.

2017 29
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Cut, Cut, Cut: Elimination Strategies To Boost Productivity

Project Management Hacks

Elimination is an underrated productivity strategy we all need to practice. It’s one of the best ways to eliminate that “crazy busy” feeling that make the week feel like a long slog. If elimination is such a great strategy, why isn’t it more popular? There’s a few reasons to consider. First, cultural pressure starting in high school (I have to be well rounded to get into college/university with top grades and “extra-curricular activities”!

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Building Your BI Strategy: How to Choose a Solution That Scales and Delivers

Speaker: Evelyn Chou

Choosing the right business intelligence (BI) platform can feel like navigating a maze of features, promises, and technical jargon. With so many options available, how can you ensure you’re making the right decision for your organization’s unique needs? 🤔 This webinar brings together expert insights to break down the complexities of BI solution vetting.

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Effective Leadership Skills. Are You Truly A Great Project Leader?

Fix my Project Chaos

Lately on the blog I’ve been exploring the ten skills that employers want from project managers. Effective leadership is one of the key skill that employers expect from project managers. While managing the project (costs, risks, issues, scope etc.) is important, leading the team (including the extended team) to deliver the required outcome is essential.

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Economics of Software Development

Herding Cats

Making decisions in the presence of uncertainty with limited resources is the domain of Macro and Micro Economics. Making decisions in resource-limited situations at the national or global scale is macroeconomics. Macroeconomics is the study of how people make decisions influenced by tax rates, interest rates foreign policy, and trade policy. Microeconomics is the study of how people make decisions on a personal scale and treats decisions that individual and organizations make.

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Win Copies of The Myths of Innovation [Giveaway]

Rebel’s Guide to PM

Today I have a great giveaway for you. When I met Scott Berkun in Texas for the Digital PM Summit last year, he kindly signed two copies of his book, The Myths of Innovation, for me to offer as giveaway prizes. Some of you might know that Scott’s first book, Making Things Happen , is one of my all time favourite project management books. The Myths of Innovation is not about project management, but it is a thought-provoking and excellently researched book about creativity and innovation tha

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Who does what, when and how…?

Ron Rosenhead

The atmosphere in the room was tense so I decided to intervene and summarised as follows: this group is a mix of project managers and project sponsors. this sponsor workshop is focusing on clarifying roles – role of the project manager and role of the project sponsor alongside steering groups (project boards). it seems that roles are not at all clear – there is too much confusion as to who should be doing what and when.

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How AI Enables Success for PMO and Strategic Portfolio Management Leaders Like You

In today’s rapidly evolving digital business landscape, Portfolio Management Offices (PMOs) and project & portfolio leaders face a multitude of complex challenges, including orchestrating enterprise change; prioritizing and executing on cross-functional investments; and the need for faster, data-driven decision-making. The exponential growth of AI and its new applications is a game-changer.

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Design-build

Musings on Project Management

If you're in the construction industry you probably know about and have experienced "design-build". Notice that there's a word missing after "design", to wit: competitive bidding. Ooops, a typo? No, there is a body of knowledge around this that says that it's faster-cheaper for the same quality to go "design-build" than "design-competitve bid-build".

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Cone of Uncertainty

Herding Cats

The notion of the Cone of Uncertainty has been around for awhile. Barry Boehm's work in “Software Engineering Economics”. Prentice-Hall, 1981. The poster below is from Steve McConnell's site and makes several things clear. The Cone is a project management framework describing the uncertainty aspects of estimates or any other project attribute. Estimates of cost, schedule, technical performance on the left have a lower probability of being precise and accurate than estimates on the right.

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7 Essential Project Management Skills for 2017

The Digital Project Manager

If you’ve started the year and committed to upping your project management skills to be a better project manager, what project management skills are the. The post 7 Essential Project Management Skills for 2017 appeared first on The Digital Project Manager.

2017 128
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What is Risk Management: Staying on top of the Risks in your projects

Runrun.it

Through our lives both professionally and personal we constantly run into little hiccups that we did not see coming. Maybe you put off paying those toll tickets and years later, you get a letter in the mail for over a thousand dollars! Yikes! Alternatively, lets take a look at the IBM Mega Disaster when in […]. The post What is Risk Management: Staying on top of the Risks in your projects appeared first on For Managers | Personal Development Hacks.

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Enhance Customer Value: Unleash Your Data’s Potential

The complexity of financial data, the need for real-time insight, and the demand for user-friendly visualizations can seem daunting when it comes to analytics - but there is an easier way. With Logi Symphony, we aim to turn these challenges into opportunities. Our platform empowers you to seamlessly integrate advanced data analytics, generative AI, data visualization, and pixel-perfect reporting into your applications, transforming raw data into actionable insights.

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Here's How We Manage Our Editorial Calendar with TeamGantt | TeamGantt Blog

TeamGantt

Can content marketing teams use TeamGantt to manage their editorial content? Here's a sneak peek at how we at TeamGantt manage our own PM blog.

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Quote of the Day

Herding Cats

Overheard on Twitter. The Start of a Project Is the Worst Time to Estimate Its Duration or Cost. This is only the case if those you've hired know nothing about what capabilities are needed to produce value the project, what Features are needed to produce that Value, when those Value-producing Features are needed to meet the time cost of value payback process, what risks there are for meeting those value producing outcomes, and how the work effort to produce that value are to be measured (physica

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Case Study – How to Boost the Employees Engagement and Improve Your Business?

TimeCamp

As promised in this article from the previous week, we are continuing with the topic of case studies. Case Study is an analysis of a particular case usually performed inside the company that allows the researchers to draw conclusions about the employees’ performance, or market, technical, social, and cultural conditions (and more.) The purpose of conducting […].

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5 Ways to Build Innovation into your Project Team

Hydra

{socialbuttons}. Innovation cannot happen without a project manager who recognises that change is part of a process. Here’s how you can build innovation into your project team.

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How To Set Up Innovation So That It Aligns With And Enables Corporate Strategy

Speaker: Paul Heller

Most innovation work proceeds independently from company strategy. As a result, the products that arrive in the market are not well aligned with the company’s goals. This challenge is particularly significant in organizations with transformation-oriented strategies, where innovation must directly support growth, scalability, and strategic pivots. In this session, we will discuss why innovation in large companies is so often not aligned with the company’s strategy and what innovation leaders, pro