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Kanban vs. Scrum: What’s the Difference?

ProjectManager.com

Kanban and scrum are agile project management methodologies that can be used for similar purposes, but each has its unique pros and cons. As a project manager, it’s important to understand the difference between kanban and scrum so you can determine the best approach for your team. What Is Scrum?

SCRUM 412
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How to Build and Implement a Project Strategy

ProjectManager.com

Project Management Office (PMO): A PMO is responsible for defining and maintaining the standards for an organization’s project management. They help with prioritizing projects, providing governance guidelines and ensure that projects are beneficial to the organization by aligning with larger strategic goals.

Budget 374
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Organizational Process Assets: Definitions, Examples & Templates

ProjectManager.com

Officially defined by the Project Management Institute’s Project Management Body of Knowledge (PMI’s PMBOK) as “the plans, processes, policies, procedures and knowledge bases specific to and used by the performing organization,” operational process assets influence the management of a project.

Process 367
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Project Budgeting: An Interview with Sol Benady

Rebel’s Guide to PM

The metrics to use include: Current cost Target cost Actuals vs year to date budget Run rate for the project Cost-benefit ratios. When you are looking at the phase of the plan, all projects are cyclical. You can use that figure as a way to apportion the budget over the project duration and track against it.

Budget 361
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Understanding the 8 Functions Associated with Project Management

Project Pulse Journal

Leverage resources like PMBOK and Standard for Project Management, seek mentorship on the various project management methodologies, and invest in continuous learning to develop the skills needed to tackle obstacles. Take the next step in your project management journey by taking actions based on the knowledge and the system.

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SWOT analysis in project management: definition, instruction & example

Inloox

In the fast-moving software industry, customer needs and expectations can change rapidly, making development more complex and requiring frequent adjustments during the course of the project. This can lead to delays, increase project costs and increase the risk of misunderstandings with stakeholders.

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What is A System for Value Delivery in Project Management

Project Pulse Journal

You will confidently align projects with organizational objectives, optimize resource utilization, and foster stakeholder engagement to deliver tangible value at every stage of the project lifecycle. Organizations can optimize project performance and outcomes by integrating these functions into a cohesive framework.