The Strategic Project Manager

DECEMBER 21, 2021

This post explores the definition of ROIC, how to compute it, and its usefulness in strategy and project management. Return On Invested Capital Definition. ” Most definitions seem to incorporate three primary elements: Profitability and/or performance metrics. ”, Corporate Finance Institute (CFI).

2006 98

2006 Underperforming Technical Team Finance Executing 98

Rebel’s Guide to PM

MAY 14, 2022

In that world, flying safely 99% of the time is a definitive “F”. However, impeccable execution is not impossible as long as we have clearly defined our definition of success, identify errors early, and iterate quickly to avoid making the same mistake twice and to scale best practices. Impeccable, Not Perfect.

Retail 403

Retail Executing 2017 Defining 403

Scrum.org

AUGUST 20, 2021

Is your finance/procurement team stuck in traditional project management practices? It is definitely worthwhile evaluating agile process for a business unit, but business agility goes way beyond that. That is all great news, but the chances your IT team or IT organization interfaces with other parts of the organization is very high.

Agile 205

Agile Finance SCRUM Risk Management 205

Agilemania

FEBRUARY 9, 2021

As a Professional Scrum Trainer and a Scrum Master, I often get this question – What is the difference between the Definition of Done and Acceptance Criteria? Definition of Done is about building the product “right,” and Acceptance Criteria is about developing the “right” product. Short Answer.

Software Review 52

Software Review Finance SCRUM Executing 52

Leading Agile

FEBRUARY 5, 2024

Today, we’re exploring what it looks like to transform the way your company finances itself in a new, agile world. But you can’t just wave a magic wand and expect the finance team to forget everything they know and start trusting that you’ll deliver what you say you’re going to deliver based on just a wink and a handshake.

Finance 75

Finance Governance Government 2025 75

ProjectManager.com

AUGUST 26, 2021

Construction projects will never get off the ground without financing. This includes the lot price, real estate fees, financing and taxes. This can be made more problematic by not having a definitive project schedule in place before doing a budgeting forecast. Money sets the gears of construction management in motion.

Construction 374

Construction Budget Underperforming Technical Team Finance 374

Rebel’s Guide to PM

APRIL 8, 2021

Nada: I don’t see resistance to classical project management but there’s definitely an interest in seeing the results – delivering benefits. Tracking project budgets is important and finance teams are set up to do that, and project managers can manage their project budgets too.

Healthcare 391

Healthcare PMO Finance Certification 391

Rebel’s Guide to PM

NOVEMBER 8, 2021

Start with a ROM estimate and iterate until you get to a definitive estimate. Companies have different determinations of what range ROM should cover, so your finance team or PMO might have a particular range in mind. Definitive estimate. In project management we do a lot of iterating, and this is exactly what you do here.

Estimate 388

Estimate Budget Technical Review Software Review 388

Rebel’s Guide to PM

JUNE 22, 2020

Get an enthusiastic stakeholder from Finance to talk you through it. Read next: The Definitive Guide to Project Success Criteria. Want to do a presentation to Marketing but don’t have the time? Ask your most engaged Marketing stakeholder to do it for you. Need some help with the project budget? Easier Project Closure. “It

Finance 346

Finance Risk Management Software Review Influencer 346

Wrike

APRIL 12, 2021

Regardless of the industry your PMO operates in — IT, construction, business services, finance and banking, or manufacturing — success depends on delivering projects on time and on budget, as well as demonstrating the ROI of your PMO to the organization. Your definitive CWM checklist. postbanner].

Software 41

Software PMO Finance Manufacturing 41

Leading Agile

FEBRUARY 23, 2022

Imagine you’re a CIO, CTO, IT Leader, or Finance Manager. It’s difficult to prioritize these requests because there is no consistent definition of value, and nobody believes the business cases anyway. It is possible to plan finances for the year while being crystal clear on strategic objectives and achieving them.

Planning 125

Planning Finance Cadence Governance 125

Rebel’s Guide to PM

APRIL 2, 2023

But I understand that not everyone has the finances to buy templates or invest in training. I definitely need this) and found the syllabus was all schedule management techniques (no! There are many premium project management templates available — including my template bundles and ebooks. And training to choose from.

Prince2 387

Prince2 PMI Certification Software Review 387

Scrum.org

APRIL 10, 2023

Stakeholder Analysis The definition we discussed in the previous article. This definition is quite broad and hence the list of stakeholders could be quite big. Internal or External governance such as Finance, Legal, PMO, Risk, and Audit may fall into the category. Not all of them are going to be equally important.

Influencer 209

Influencer Governance Government Consulting 209

Rebel’s Guide to PM

MAY 3, 2022

Project definition. The project definition is something I’d definitely include in a project plan. Project documentation is designed to be tailored, so feel free to tailor as much as you like so your plan ends up representing the work you’ll do on your project. This is a short statement saying what you are doing.

Planning 322

Planning Software Review Risk Management Estimate 322

Scrum.org

JULY 24, 2019

While the Scrum Guide is mainly focused on the three roles, five events, and three artifacts, I aggregated quotes on specific topics as well, for example, on self-organization, finance or technical debt. Definition of Done. Definition of Ready. Collaboration. Complexity. Continuous improvement. Creativity. Cross-functionality.

SCRUM 125

SCRUM Finance 2017 2018 125

ProjectManager.com

NOVEMBER 30, 2023

There isn’t a definitive answer to that question. You can’t manage your IT finances without an IT budget. But those forecasts are estimates and to ensure that you keep to your IT budget, monitoring and tracking costs is imperative. What Is the Ideal Size of an IT Budget? What Is the Importance of IT Budgeting?

Budget 345

Budget Software Review Infrastructure Monitoring 345

ProjectManager.com

AUGUST 31, 2022

Let’s start with the definition and explore how to improve operational efficiency in addition to ways that using project management software can help manufacturers. Regardless of the production, finance, administration, sales, etc., What is operational efficiency and how can you measure it to take advantage of its benefits?

Manufacturing 317

Manufacturing Technical Review Software Review Monitoring 317

Inloox

SEPTEMBER 21, 2022

Here, also team members with expertise in e.g. finance or marketing are needed. A clear and holistic definition of the problem, preferably documented in writing and with pictures, is essential. A heterogeneous project team with experience in many areas adds great value.

Construction 222

Construction Finance Budget Controlling 222

Rebel’s Guide to PM

APRIL 2, 2021

Dave explained that there isn’t any legal definition of what it means to be an employee as it’s all determined by case law. What’s actually happening now is a new Chapter of the payroll legislation, which we’re calling IR35 as a shorthand but actually it’s the off-payroll legislation. What makes someone an employee?

Finance 310

Finance 2021 Consulting Budget 310

Scrum.org

APRIL 13, 2023

A useful definition of the essence of this agility is provided in the Evidence-Based Management (EBM) framework created by Scrum.org. These teams might include people from different functions — for example, Product Management, Marketing, Sales Enablement or Finance, Legal, and HR.

SCRUM 198

SCRUM Technical Review Innovation Leadership 198

Scrum.org

JANUARY 17, 2023

Dying in beauty by sticking to the Definition of Done? However, meeting this funding requirement with the remaining runway would also mean abandoning the quality standard defined by your Scrum team’s Definition of Done. On the other side, abandoning the Definition of Done violates the first principles of Scrum.

ChatGPT 170

ChatGPT Underperforming Technical Team SCRUM Technical Review 170

WorkOtter

JULY 12, 2023

Some of the resources that you’ll need to hash out include budget and finance, staffing needs, PMO timeline management, tangible resources, and other details. Set Definitions for Your PMO Strategic Plan Take away as much ambiguity as possible when you’re working through a PMO strategic plan. goals whenever you can.

PMO 78

PMO Software Review Planning Finance 78

Henny Portman

JANUARY 3, 2024

The practice competence elements are project design, requirements and objectives, scope, time, organisation and information, quality, finance, resources, procurement, plan and control, risk and opportunity, stakeholders, and change and transformation.

PMO 52

PMO Finance Governance Government 52

Scrum.org

NOVEMBER 18, 2020

Yet, people also manage schedules, time, finances, adherence to standards, production and process flows, resources (actual resources, not people ), product releases, and more. The agile space co-opted this term for its means and added further definition to it. When I look at that definition, I see organization (".people

SCRUM 214

SCRUM Governance Government 2020 214

Teamweek

MARCH 22, 2024

Further Reading: Timely vs Toggl: A Definitive Comparison [March 2024] Best for Timely is best for teams that track time automatically with an AI-powered tool and manage their project budgets. Further Reading: Harvest vs Toggl: A Definitive Comparison [January 2024] 5.

2024 59

2024 Software Review Software Estimate 59

Scrum.org

JULY 28, 2022

It might not be the ultimate solution, but it’s definitely a good first step in the right direction. So far, this was definitely not in place in our teams. A 15% Solution is any first step that you can take without approval or resources from others and that is entirely within your discretion to act.

SCRUM 175

SCRUM Software Review Finance Closing 175

The Lazy Project Manager

NOVEMBER 24, 2017

Argue – When called out on this behaviour start arguing that you really aren’t the best team/department/group to be active at this point in time – if you can get away with pointing the finger at an alternative (and clearly in your opinion, better placed team/department/group to go before you) definitely do that – it may buy you more time.

2014 186

2014 Leadership Finance Initiating 186

MPUG

JANUARY 3, 2023

A project is a temporary endeavor that has definite start and end dates. A product may evolve continuously over many years or even decades, but a project has a definite beginning and end. Plan product finances. A project involves completing the work needed for creating a new product. The Role of Product Manager.

2001 64

2001 Closing Finance Defining 64

Scrum.org

JULY 10, 2018

That's a very broad definition. often in relation with finance, when a product becomes possible to build, but too expensive). This often is a difficult subject for many, because the way we run projects (not using Scrum) is often first establishing scope, finances and resources (what we now call people). Scrum values.

Risk Management 122

Risk Management Risk Technical Review Underperforming Technical Team 122

ProjectManager.com

MARCH 14, 2018

The project plan will include what resources are needed, financing and materials. Definition: Here you break down the larger deliverables into smaller ones, which will help with managing them.

Process 402

Process Monitoring Executing Closing 402

ProjectManager.com

MAY 2, 2019

Therefore, it’s not merely the production department that follows this lodestar; it also directs sales, marketing, accounting, finance, engineering, design, etc. Customer Focused: The definition of quality lies with the customer, and all efforts to achieve success in the organization lead to customer satisfaction.

Controlling 334

Controlling Engineering Finance Defining 334

TrustRadius Project Management

OCTOBER 27, 2022

For a great immersion into ERP applications, you can check out Oracle’s definition video for ERP solutions and their benefits. The downside is certain features can be more expensive like HR and finance management. At most you should definitely learn about the options for when you gain or even lose team members with accounts.

Software Review 62

Software Review Software Technical Review Artificial Inteligence 62

TrustRadius Project Management

OCTOBER 27, 2022

For a great immersion into ERP applications, you can check out Oracle’s definition video for ERP solutions and their benefits. The downside is certain features can be more expensive like HR and finance management. At most you should definitely learn about the options for when you gain or even lose team members with accounts.

Software Review 62

Software Review Software Technical Review Artificial Inteligence 62

Project Bliss

NOVEMBER 30, 2020

This could include technology, events, branding, engineering, marketing, or even finance. . Some project titles have distinct definitions, while others are more fluid. This is far from a comprehensive list. You’ll even find project managers in industries such as film, music, and other areas of the entertainment industry.

Healthcare 156

Healthcare Construction Manufacturing Executing 156

Scrum.org

OCTOBER 9, 2018

The concept of Acceptance should be based on the client’s definition of DONE. Typically, Finance and Project Management Organizations look for a specific minimum return to approve a project to move forward. Ideally, the client should be able to terminate the contract at the end of any iteration. 3] [link]

Software Developers 101

Software Developers Software Development Underperforming Technical Team Agile 101

Rebel’s Guide to PM

AUGUST 29, 2021

The PMI definition of risk is: “an uncertain event or condition that, if it occurs, has a positive or negative effect on a project’s objectives.”. The project type you are working on will affect the kinds of risks you see, so pick and choose and by no means consider the list below a definitive list! We have the solution!

Risk 320

Risk Technical Review Risk Management Estimate 320

ProjectManager.com

AUGUST 4, 2022

It’s a system for organizing and financing the design, construction, operations and maintenance services for the build on which you’re working, be it in a structure or facility. This construction delivery method is popular when owners need a firm deadline and a definite price for the project’s completion.

Construction 304

Construction Risk Management Risk Closing 304