Sat.Nov 04, 2023 - Fri.Nov 10, 2023

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Project Management and Artificial Intelligence: Bring It On!

The IIL Blog

By Alan Zucker November 8, 2023 Artificial Intelligence (AI) will transform project management. Gartner estimated that AI may replace 80% of project management activities by 2030. A recent article in Harvard Business Review described “How AI Will Transform Project Management”. I say, “Bring it on!” I look forward to the opportunity. AI is powerful, potentially disruptive, and will change what project managers do and how they work.

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Top 12 Agile Tools and Methods to Use in Predictive Project Management

Online PM Courses

Agile has changed Project Management. I offer you the wealth of agile tools and methods that we can bring to bear on any predictive project. The post Top 12 Agile Tools and Methods to Use in Predictive Project Management appeared first on OnlinePMCourses.

Agile 101
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What Is a Decision Matrix? (Example & Template Included)

ProjectManager.com

Projects can be viewed as a series of decisions. From planning to execution, project managers and their teams are constantly choosing between one option and another or even many different options. Using a decision matrix can help them better evaluate their choices and prioritize work. Learn what a decision matrix is and when you should use it. We’ll even link to a free decision matrix template for Excel that you can use when next trying to figure out the best course of action.

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The Ultimate Showdown: Product Manager vs. Project Manager

nTask

Get ready to witness the epic clash between Product Manager and Project Manager – the titans of business and tech! In one corner, we have visionary product managers, armed with boundless creativity and market expertise. Their mission is to captivate customers with innovative products and shape the future.

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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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“Scrum is Dead” and other Scrum Myths

Scrum.org

When we uncover the truth, we arm ourselves with valuable insights, and that's truly empowering. It brings clarity and the ability to make informed choices, breaking free from the confines of misinformation. So, remember, 'the truth shall set you free' isn't just a saying—it's a reminder that seeking and embracing the truth gives us the power to navigate our work life with purpose.

SCRUM 168

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5 Ways to Efficiently Manage Tasks with Work Management Software

NimbleWork

Too many sticky notes, lists and emails with things to do? Work management software is the answer! Without a centralized work management tool, we see teams struggle with miscommunication. Tasks can be misunderstood or lost amongst the many messages we are all fielding every day. Tracking progress is a huge manual effort, leading to missed deadlines and duplicated work when team members are not aligned.

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Don’t Blame Agile for Bad Agile

Project Management Essentials

An agile backlash is underway. Some organizations have declared victory, fired their agile staff, and moved on. Others are agile in name only or are “doing” agile but have not fundamentally changed the way they work. We should not blame Agile for bad Agile. The problem is not with the values, principles, and practices. Instead, it is with organizations and their approach to agility.

Agile 45
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How to create a project implementation plan

Planio

If you work in project management, your job isn’t done until your users are happy — but that isn’t always the case. Data from the Harvard Business Review shows that a meager 35% of projects worldwide are deemed successful by the people who build and use them. As every project manager knows, it’s almost impossible to get from A to B on a project without something going wrong.

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The Automattic Creed: Long Range Thinking That’s Agile

The Strategic Project Manager

This post discusses the ‘creed’ for a software technology company, Automaticc. It goes deep with line by line thoughts on the creed, as well as detailed discussion of implications for strategy and project management. This is full of ideas for action for the strategic PM. The Automattic Creed I bumped across this today, and thought I would share it.

Agile 52
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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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Cost Performance Index (CPI) In Project Management

ProjectManager.com

Projects cost money. Everyone knows that. But what’s harder to discern is if the project is worth the investment. The last thing stakeholders want is to discover the project isn’t financially effective. That’s where the cost performance index comes in. We’ll discuss what the cost performance index does and how it does it below. We’ll share the formula for calculating the cost performance index in project management and even provide an example to better illustrate how it works.

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How to select people for agile teams

Scrum.org

Many organizations are striving to become more adaptive a means not just to survive, but to thrive. The success of an adaptive organization hinges significantly on the capabilities of its people, which often raises the question of how to select people for agile teams. Those who excel in an adaptive environment exhibit three key characteristics. To begin with, they welcome uncertainty while maintaining their focus.

Agile 210
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Artificial Intelligence in Portfolio Management: Shaping the Future of Strategy

The IIL Blog

By Dr. Elissa Farrow November 8, 2023 In the ever-evolving landscape of portfolio management, organisations can now leverage advanced technologies to not only improve traditional practices but to also unlock new dimensions of efficiency and effectiveness. Portfolio management extends beyond the realms of definition and delivery; it now encompasses the potential of Artificial Intelligence (AI) to refine prioritisation, long-term forecasting, and strategic management.

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Responsibilities and Best Practices of SaaS Product Manager

Proofhub

In today’s tech-driven world, Software as a Service (SaaS) is revolutionizing businesses across the globe. Companies are turning to SaaS to simplify operations, gain a competitive edge, and speed up their time to market. Statista predicts the SaaS market to soar to $197 billion in 2023, with expectations of hitting $232 billion in 2024. These figures demonstrate the vast potential of the SaaS market and the lucrative opportunities it offers for businesses.

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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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IT Incident Management: How to Manage IT Incidents

ProjectManager.com

An incident is when something happens that isn’t expected and usually has a negative impact on what you’re doing. When working in information technology (IT), an incident can shut down a network or server and stop work, which is why IT incident management is so important. Before we go into the process of IT incident management, let’s first understand what the term IT incident means and how IT incident management is defined.

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The Illusion of Velocity

Scrum.org

TL; DR: The Illusion of Velocity In this article, I explore the pitfalls of ‘The Illusion of Velocity’ in agile contexts, peeling back the layers of traditional metrics as leadership tools. Moreover, I point to the advantages gained from leadership engaging directly with teams. Understand why servant leadership and practices like the Gemba Walks are crucial for coping with complex, adaptive environments toward actual progress.

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Episode 188 – Unlocking the Strengths of Dyslexic Individuals on Project Teams

Velociteach

The podcast by project managers for project managers. In this episode we dive deep into the world of dyslexia and how it impacts a team’s productivity and success. Carlene Szostak and Madeline Szostak Hoge discuss the challenges dyslexic employees face and how to harness the unrealized potential of a diverse workforce. Table of Contents 03:10 … Defining Dyslexia 03:59 … Dyslexia and Dysgraphia 04:54 … Indicators of Dyslexia 06:20 … Carlene’s Motivation 10:06 … The Impact of Dyslexia in the

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Why and How to Earn Your PMP Credential By Mike Griffiths

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

PMI 84
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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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How to Beat the Market: Is It Possible? 

Productivity Land

Introduction The financial markets have always been a realm of intrigue for investors seeking to outsmart the competition and achieve impressive returns. While many approaches and strategies exist, a new contender has emerged in recent years. In this article, we will explore whether it is indeed possible to beat the market and the potential role of platforms in this endeavor.

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Sprint Goal Setting: The Compass for Your Scrum Journey

Scrum.org

At the outset, Sprint planning might seem straightforward, but it's a tad more intricate than one might initially understand. It's not just about what you aim to achieve in the coming Sprint, but also how this goal ties into the broader picture – the product vision and the customer's desires. Peeling back the layers, it becomes clear that setting a Sprint goal isn't a simple tick-box exercise.

SCRUM 188
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The Ultimate Guide to Agile Methodology – Everything to Know and Tips

nTask

Agile is like that friend who insists on taking the scenic route but ensures you soak in every detail along the way. It’s all about taking a large project and slicing it into bite-sized pieces, making the journey of development an iterative and enjoyable adventure.

Agile 88
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The Growth in Importance of Project Value By Dr. Harold Kerzner

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

2023 74
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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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Recharge to Reach the Finish Line: A Leader’s End-of-Year Strategy

The IIL Blog

By Brandon Fargis November 8, 2023 Every fall, a drive through the Blue Ridge Parkway is a tradition that never fails to ground me. The sight of leaves turning to a tapestry of red and gold is a yearly ritual that brings perspective and a sense of renewal — a necessary pause for any leader amidst the bustle of business life. As a lifelong North Carolinian, I find that embracing our state’s seasonal shift is a powerful reminder of change’s constant and steadfast rhythm.

2024 78
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Agile's Journey: From Disillusionment to Enlightenment

Scrum.org

I've often found that the voyage through Agile can be quite Sisyphean for many organisations. It begins with a burst of enthusiasm, a flurry of new terminologies, and tools that promise a panacea to all project maladies. But as time wears on, disillusionment can set in. It's not uncommon to see a framework like Scrum or SAFe, initially embraced with fervour, slowly become a scapegoat for deeper systemic issues within a company.

Agile 168
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Remote Workers: Boosting Productivity and Efficiency in Today’s Business Landscape

Productivity Land

Remote work continues to shape the landscape of the future. The reason for this is that hiring remote workers presents companies with great benefits, that they simply cannot get from having in-house staff. There are a myriad of interesting reasons for this, which will be clarified below and in detail. Increased Employee Satisfaction Not having a physical location is not only beneficial for the company but for its employees too.

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What Construction Project Managers Should Know about Change Management

PM Times

A conference talk on the challenges faced by project managers of the 21st century lists several factors experienced across industries: scope management, information technology, team dynamics, customers’ satisfaction, lean management, communication, innovation, and quality. The construction industry in particular is prone to change. Part of this is due to the nature of its workforce. […] The post What Construction Project Managers Should Know about Change Management appeared first on

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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.