Thu.Oct 12, 2017

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What is Little Data? And Why Do Project Managers Need It?

LiquidPlanner

One of the fastest-growing technology trends today is Big Data, probably behind Internet of Things and ahead of Virtual Reality. For instance, a search on the job site Indeed for “Big Data” returned almost 20,000 entries. But what about Little Data (which only gets four hits on Indeed)? Big data is mining huge, heterogeneous data sets and pulling out subtle information that can inform all sorts of decisions.

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Quote of the Day

Herding Cats

It is wiser to find out, than to suppose - Mark Twain. And how can we find out in the presence of uncertainty? We have to estimate, forecast, project - or some means of revealing possible future outcomes to some level of confidence, accuracy, and precision. Anyone suggesting that decisions can be made in the presence of uncertainty WITHOUT estimating, is supposing the outcomes they are working on will turn out well.

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How To Stay On Top Of Your Work?

TimeCamp

Marketing industry can be demanding when it comes to keeping up with work. And if you’re a product manager, you probably know the flaws better than anyone. Staying on top of your work requires following your inner rules and a lot of patience. In today’s post, TimeCamp presents ways to always be on top of your work. Stay On Top Of Your Work With Special Tools To always be ahead of your work it’s good to know your priorities and be able to have insight into the work.

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Do You Know How to Build a Stellar Project Team?

Brightwork

Successful project management relies on great teams to get the work done on time and as agreed. Unfortunately, with so much emphasis on planning, processes, and tools, it’s easy to overlook the people side of project management. Given the temporary nature of projects and a fast-paced business environment, project managers need the team to gel from Day 1 and work together in a collaborative and productive manner.

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Understand Digital Debt, Form a Team, Set Goals, and Plan Roadmap for Transformation

Understanding digital debt is crucial before digital transformation. Assemble a team to assess internal operations, market pressures, and digital debt's impact. Define future digital vision with measurable goals. Refine hypotheses and conduct market analysis. Develop a roadmap for transformation with defined projects, cost estimates, and governance.

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Does it Pay to be Transparent?

Leankor

Full disclosure. Complete transparency. Effective and efficient collaboration with team and customer throughout the project. That third one sounds about right. But what about the first two? Full disclosure on everything to the team and customer? Team… probably without a doubt. To the customer… yes, but sometimes in due time depending on the issue.