Sat.Sep 16, 2023 - Fri.Sep 22, 2023

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3 Predictions for What’s Next in Project Portfolio Management 

Planview

You know the saying: The only constant is change. It’s true for all disciplines and describes the project portfolio management (PPM) market for several reasons. Consider these changes faced by PMOs in recent years: The call to infuse agility and become a modern PMO. The market’s landmark evolution in 2020, which bifurcated PPM to support strategic portfolio management and adaptive project management.

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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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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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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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Regenerative Leadership in Project Management: Essential for 2024 and Beyond

Green Project Management

Regenerative Leadership in Project Management: Essential for 2024 and Beyond In an age where buzzwords like “Transformational Leadership”, “Servant Leadership”, and “Agile Management” dominate boardrooms and workshops, one might ask: “What about Regenerative Leadership?” Over the past year, I’ve attended several conferences where a resonating sentiment was the shift from ‘project management’ to ‘project leadership’ [&#

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Everything You Need to Know about How to Build a Great Project Team

Online PM Courses

One thing above all can make project leadership easier: an enthusiastic project team. Let's look at the things you can do to bring it about. The post Everything You Need to Know about How to Build a Great Project Team appeared first on OnlinePMCourses.

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I've got a plan: nobody cares

Musings on Project Management

It's so damn frustrating!You spend a lot of time planning, coordinating, evaluating.And then it's D-Day, circumstances intervene, and nobody follows the plan ? (Well, they follow bits and pieces, but the plan as such is almost unrecognizable)That's a few sentences to say what we all know:No plan survives the first touch with realitySo, if this is all too obvious, what is it you do?

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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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Portfolio Management: Top 10 Things to Know About A Portfolio Roadmap (Part - 2)

Management Yogi

In the earlier post, we checked the top five points (and utilities) of a portfolio roadmap.

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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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How to Calculate Total Manufacturing Cost

ProjectManager.com

Manufacturing isn’t free. There are various costs involved in the production of any product. Being able to make accurate estimates of your manufacturing costs is critical to a company’s profitability and competitive advantage. Before work hits the production line, one must know how to calculate manufacturing cost. First, we need to understand what manufacturing cost is, the different types of manufacturing costs as well as some examples to get context for what we’re talking about.

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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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Episode 185 – Redefining Project Success through Sustainable Project Management

Velociteach

The podcast by project managers for project managers. Projects are instrumental in defining an organization’s vision for a more sustainable future. Dr. Joel Carboni talks about Sustainable Project Management, and the goal to achieve a stated objective while considering the project outcome’s entire lifecycle to ensure a net positive environmental, social, and economic impact.

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Sailing the Waves of Organizational Change Chaos

The IIL Blog

By Kim Essendrup and Kate Anderson September 20, 2023 Organizational change isn’t a possibility – it is a certainty. And as organizations change, so do their goals, strategies, teams – and the projects they deliver. These changes can make you, as project managers, feel like you are on a tiny boat lost at sea, trying to navigate your project through the waves and changing winds.

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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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Production Capacity: Formula, Examples

ProjectManager.com

Production capacity is an essential metric for manufacturers. It informs their production planning, helps them give their customers more accurate lead times and forecasts cash flow. To better understand production capacity, we’ll define the term and go into greater detail as to its importance in manufacturing. Then we’ll explain how to measure production capacity and provide a couple of examples to better illustrate it.

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Decoding Scrum Team Work: Balancing Sprint and Refinement Work

Scrum.org

Software Development is not just a systematic process but a dynamic interplay of critical work that shapes the progress of your product. A Scrum team's work can be classified into Sprint work and Refinement. To steer your Scrum Team towards success, it's essential to understand, manage, and balance these two types of work. This article dives deep into the heart of Scrum team operations, offering clear-cut strategies and innovative visualisation techniques to help you understand and manage your S

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Collaboration Across Departments: Breaking Silos for Improved Business Performance

Proofhub

In today’s business landscape, fostering collaboration across different departments is crucial for success. Unfortunately, organizational silos exist, hampering employee interactions, compromising productivity, and preventing progress. Many companies encounter silos in their organizations in various forms. Consider data silos: Only 22 percent of business leaders say their teams share information effectively.

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The Science Behind Great Teams: How Neurotransmitters Shape Success

The IIL Blog

By Thomas Friend September 20, 2023 In the world of teamwork, we often hear the age-old adage, “Great teams have great chemistry.” But there’s much more to this saying than meets the eye. It turns out that the right mix of chemicals in our brains, such as Dopamine, Serotonin, and Oxytocin, plays a vital role in cementing unity within teams.

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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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Change Management Professional Development By APMG International

International Institute for Learning

Free Newsletter | Learner Login Search Search Close this search box. Courses Browse Courses Live Virtual Learning On-Demand In-Person Professional Certifications Learning Categories Project, Program and Portfolio Management Agile and Scrum Leadership and Interpersonal Skills Business Analysis Business Relationship Management Cybersecurity Information Technology Management Lean Six Sigma Microsoft Project Online Conferences Leadership and Innovation Agile and Scrum International Project Managemen

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Mastering Sprint Planning: A Journey into Scrum's Heart

Scrum.org

In my years navigating the Scrum landscape, Sprint planning has consistently emerged as a linchpin. It's where the rubber meets the road, where visions transform into actionable tasks. But how does one ensure this process is as effective as possible? Enjoy this video? Like and subscribe to our channel: [link] ! First and foremost, it's paramount that everyone on your team understands the Product Backlog.

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Balancing Culture With the Need to Produce Results

Leading Agile

Why are so many Agile coaches and ScrumMasters getting laid off? Is it because Agile is disappearing? Or is it becasue they’ve gotten so dogmatic about the rules and cermonies surrounding Agile that they’re more of a burden then they are valuable? In our latest espisode of SoundNotes, Mike Cottmeyer and Dave Prior explore the competing priorties of many Agislists and the leaders they’re trying to help and talk about how to bring balance to the bigger picture so that companies can get back succed

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7 Tips on How to Hire an SEO Manager

Teamweek

Out of all the digital marketing strategies, SEO is known to have the best return on investment and potential for future growth. Unfortunately, it’s also considered the most “ smoke and mirrors ” as it’s hard to tell if someone is good at SEO or just a really good pretender. So, how do you even hire an SEO manager? Today, we’ll show you everything you need to know about hiring a stellar SEO professional.

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3 ‘Must-Dos’ for Addressing Digital Transformation Challenges

Digital transformation projects are crucial, with global spending projected to hit $3.4 trillion by 2026. However, they often fail at a rate of about 70%. To enhance success: Employee Buy-in: Acknowledge concerns and establish a change management team to communicate benefits transparently. Identify Processes and Tools: Form a digital transformation office to establish metrics, workstream lifecycles, data capture, and tool selection.

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Why is a Culture of Continuous Learning and Improvement Required in Project Management?

NimbleWork

In the fast-paced, evolving landscape of today’s world, continuous learning and improvement has become a critical component of success for organizations. Business leaders can no longer afford to view these processes as mere journeys with fixed destinations; they are dynamic experiences that require adaptability, commitment, and a growth mindset.

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Non-Technical Leaders in Scrum

Scrum.org

The adoption of Scrum, an Agile framework known for its flexibility and adaptability, has extended beyond the realm of software development. Today, Scrum is utilized in various industries, and as a result, leaders from diverse backgrounds are tasked with guiding Scrum teams. While technical expertise can be an asset, it's not always a prerequisite for effective leadership in an Agile environment.

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Avoid Best Effort Mentality AND Get the Agile Culture You Want

Leading Agile

“Technical agility is the underlying precondition for process agility, which is the underlying precondition for organizational agility, which is the underlying precondition for business agility. No amount of leadership attitude or mindset will change this.” — Mike Cottmeyer, CEO LeadingAgile Video Transcript We want a culture in the organization that is safe and is collaborative and does empower people and does enable the people closest to the technology and to the customers to make

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What Is a General Contractor In Construction? Role & Responsibilities

ProjectManager.com

Construction projects are notoriously difficult. There are many different trades and professional disciplines required to work together in order to erect whatever structure is being made. To have this work there needs to be one person responsible for orchestrating all these different parts. That’s what a general contractor is in construction project management.

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From Concepts to Actionable Insights: Powering Digital Transformation Success

Speaker: Ketan Jahagirdar - Sopheon’s Director of Product Management

70% of most digital transformation projects fail. Learn how you can quickly improve that success rate. To be successful, digital transformation involves the strategic application of digitalization to improve a business’ entire system of production, procurement, sales, operations, human resources, and financial management. In short, to basically transform the way a company makes money and delivers value to customers.