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ChatGPT for project managers: 8 benefits you don’t want to miss out on

Resource Guru

But one thing we do know: Using ChatGPT for project management comes with plenty of benefits. But first, in case you missed it, what exactly is ChatGPT? What is ChatGPT and generative AI? Here, we couldn’t help but ask ChatGPT itself. Here’s what it said: “ChatGPT is an advanced language model developed by OpenAI.

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Review The AI Revolution in Project Management

Henny Portman

Every topic or chapter starts with a (fictional) case study, followed by an introduction and the usage of many well-crafted example prompts (ChatGPT) to support you, tips for how to improve these prompts to fit your needs, and elaborates on related ethical considerations and professional responsibility.

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How to write an executive summary stakeholders will love

Planio

The budget and scope remain on track, but there are risks to the project’s software development resources following a resignation. This would cause the project to exceed its forecasted budget by $22,000. For the budget update, Ryan uses market and economic information to highlight how costs have increased due to inflation.

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11 Examples of Project Risks And How to Avoid Them

Teamweek

Blowing your budget Spilling over your estimated budget 3. It tends to happen when you agree to sign off on additional client requests outside the project’s scope — without adjusting the timeline or budget. Blowing your budget The risk of blowing the project budget is all too common when it comes to client work.

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How to scale an agency: 6 steps to get started

Resource Guru

Hire and develop the right talent Sure we’ve entered the age of AI and project managers everywhere are using ChatGPT. How to scale a social media marketing agency Last year, social media publishing platform Hootsuite’s Social Media Trends 2023 report, predicted that social media budgets would escape the looming recession.

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Agency tech stack: 44 solutions to supercharge your teams

Resource Guru

Look out for features like: Budgeting → Stay on top of your money with Productive Workload management → Cover it all with Screendragon Reporting → Dig into profitability with Accelo Client management → Collaborate with clients in Hola Finance management → Try Scoro’s comprehensive platform Get to know Scoro and Productive better 4.

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Agency operations: A 5-step framework for running a successful agency

Resource Guru

The better the foundation, the easier it is to deliver client work on time, on budget, and improve your agency’s bottom line. A word of advice on price It can be tempting to cut costs to attain a dream client, but you’ll then encounter the choice of reducing quality or going over budget. Will someone please think of the processes?