Mon.Jun 05, 2023

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65 Best Project Management Tools of 2023

Celoxis

In today’s fast-paced and highly competitive business landscape, effective project management has become a crucial element for success. With the ever-increasing complexity of projects and the need for seamless collaboration among team members, organizations are turning to project management software to streamline their processes and enhance productivity.

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The Product Goal: Propelling Scrum Teams Towards Value Delivery

Scrum.org

In the fast-paced world of product development, delivering value to customers is the ultimate measure of success. Agile frameworks, such as Scrum , have become increasingly popular due to their ability to promote efficiency, collaboration, and most importantly, value delivery. At the heart of this value-driven approach lies the Product Goal, which acts as a powerful magnet, propelling teams towards the realization of that value.

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The Emergence of the Digital PMO

MPUG

This article will provide an overview of the key concepts and benefits of citizen development, as discussed in the webinar (3 of 3): Driving Digital Transformation in Your Organization. In today’s discussion, we’ll explore the intriguing concept of the Digital Project Management Office (PMO). You may ask, “What is a Digital PMO?” The Digital PMO isn’t a drastic departure from the PMOs we’re accustomed to; it follows similar structural principles, albeit with

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Scrum Master Interview Questions — ChatGPT Edition

Scrum.org

TL; DR: Can ChatGPT 4.0 Create Scrum Master Interview Questions? Previously, I tested how ChatGPT would answer questions from the Scrum Master Interview Guide; see below. Back in January 2023, I would not have taken the next step in the Scrum Master interview process, inviting ChatGPT to a full-size interview with several Scrum team members. So, if the GPT 3.5 or 4.0 models still need to be better to pass the interview hurdle, what about their capability to create similar interview questions?

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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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PMI’s Perspective on Project Management: Exploring Attitudes, Evolving Craft, and Power Skills

MPUG

The Project Management Institute (PMI) is the largest Project Management organization in the world. It represents Project Managers, offers them a body of knowledge and a professional home, and develops thinking that informs and advances our profession. So, its attitude toward Project Management matters – not least because many Project Managers are likely to adopt those ideas uncritically.

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Risk Triggers in Project Management

GoSkills

Identifying and minimizing risk triggers is a key skill needed to become a master project manager.

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Step-by-Step Closing of A Sprint with MS Project Agile

Management Yogi

Takeaway: A Sprint is considered to be a mini-project within a Scrum project. Like every project has to be closed, a Sprint, also has to be closed. However, many Agile practitioners do not follow this practice. In this article, we will take a scenario for Sprint in a Scrum project and follow the steps needed to close a Sprint Project.

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How can businesses use gap analysis to improve?

Techno-PM

In today's fast-paced and competitive business landscape, continuous improvement is not just a goal; it's a necessity. To stay ahead of the curve and maximize their potential, organizations must regularly evaluate their performance, identify areas for improvement, and take decisive action. This is where gap analysis comes into play. Gap analysis is a powerful tool that enables businesses to assess the current state of their operations, measure it against desired outcomes or benchmarks, and ident

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How to inspire your team like the best leaders do

Planio

The best leaders do more than just plan projects and assign tasks - they inspire their team to do great work by taking the time to build trust and show respect. Unfortunately, being “inspirational” isn’t as clear cut as other project management skills. It’s all too easy to come across as insincere, or worse, like you’re trying to manipulate or persuade your team into doing things they don’t want to (such as working long hours and hitting burnout ).

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Strategic Project Finance Essentials: A Project Manager’s Guide to Financial Metrics

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 expend

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How To Optimize Resource Levelling in Your Business?

Techno-PM

Resource levelling is a project management technique that involves balancing the workload of resources to ensure that the project is completed within the scheduled time and budget. This technique is necessary because resources are usually limited, and conflicts arise when they are over- or under-utilized. Resource levelling aims to optimize resource allocation by smoothing out the project's resource requirements and reducing the peaks and valleys of resource demand.

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Responsible Project Management | Interview

Online PM Courses

What is Responsible Project Management, and what does it mean for how we practice PM? I spoke with leading thinker, Dr Karen Thompson. The post Responsible Project Management | Interview appeared first on OnlinePMCourses.

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How To Do a Retrospective in Agile: The Complete Guide

Techno-PM

Retrospective agile is a key practice in the agile methodology that focuses on continuous improvement. It is a collaborative, time-boxed session where team members come together to reflect on the past iteration or sprint, identify areas for improvement and plan actionable steps to enhance their performance in subsequent sprints. The retrospective agile process is an opportunity for the team to celebrate accomplishments, recognize challenges, and learn from past mistakes.

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Solving Solar’s Biggest Challenges With Project Management Software

Sitetracker

In 2022, the U.S. Energy and Information Administration (EIA) projected that solar is on track to contribute 46% of the utility-scale generating capacity to the U.S. power grid. And while the EIA also reports that the global supply of biofuels, crude oil, and outlying liquid hydrocarbons are expected to meet the world’s demand through 2050, The post Solving Solar’s Biggest Challenges With Project Management Software appeared first on Sitetracker.

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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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Everything You Need To Know About The Raci Model

Techno-PM

The RACI model is a commonly used tool for clarifying roles and responsibilities within a team or organization. RACI stands for Responsible, Accountable, Consulted, and Informed. These four categories represent different levels of involvement and decision-making power in a project or task. By assigning individuals to specific roles within the RACI model, it becomes clear who is responsible for completing specific tasks, who has the final decision-making authority, and who needs to be kept inform

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Episode 178 – My Project is a Three-Ring Circus!

Velociteach

The podcast by project managers for project managers. Sometimes a project can feel like a three-ringed circus! You are managing the schedule, the budget, and the requirements, and at the same time, you’ve got to consider the stakeholders, team members, and the organization. We are taking a look at the early 20th century traveling circus to see how they kept the circus performing as a “well-oiled machine.

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Risk Matrix: An Overview

Techno-PM

A risk matrix is a tool that is used to assess and evaluate the potential risks and their impact on a project or an organization. It is a visual representation that combines the likelihood and severity of risk to determine its level of priority and significance. The matrix is often used to prioritize risks and identify the best course of action to mitigate them.

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Risk Mitigation: A Comprehensive Guide

Techno-PM

Every business face risks, some more than others. But regardless of the size or industry of your company, risk mitigation should be a key part of your business strategy. By taking proactive measures to identify and address potential risks, you can protect your business from financial losses, legal liabilities, and reputational damage. This guide provides an overview of risk mitigation, including the definition of risk mitigation, the benefits of mitigation, the types of risks faced by 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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Two Factor Theory: A Simple Overview

Techno-PM

The two-factor theory, also known as the Herzberg's motivation-hygiene theory, is a widely accepted motivation theory proposed by Frederick Herzberg in the 1950s. This theory explains that the factors contributing to job satisfaction and dissatisfaction are different and independent of each other. Herzberg identified hygiene factors as the necessary conditions that need to be met to prevent dissatisfaction at work, such as salary, job security, working conditions, and company policies.

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What Is an Agile Epic and Why Does Your Business Need One?

Techno-PM

In Agile development, an epic is a large, high-level user story or a group of related user stories that represents a significant feature or functionality in a software project. It is a way to organize and manage work in Agile projects, particularly in frameworks like Scrum. An epic typically represents a substantial piece of work that cannot be completed within a single iteration or sprint.

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