Wed.Jun 07, 2023

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How Project Managers Can Stay Relevant in the Agile World

The IIL Blog

By Monika Muddamshetty Agile emphasises that self-organizing teams have a greater chance of success. Self-organizing teams collaborate and communicate as a group to drive work forward and decide what to focus on next. Some frameworks discuss how roles like product owner, product manager, and scrum master contribute to making that happen by ensuring the cross-functional team is aligned with the product/project vision and team members work cooperatively to advance in the right direction.

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What Is a Cost Breakdown Structure (CBS) In Project Management?

ProjectManager.com

Manufacturing a product or constructing a building is a complicated process, which in turn makes determining the price for that product equally difficult to discern. There are many factors that must be considered, and project managers use a cost breakdown structure to help them determine the cost of that product. Using a cost breakdown is essential to developing a sound cost breakdown analysis and selling that product or delivering the project at a profit.

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The Impact of Artificial Intelligence on Stakeholder Relations Management Practices

The IIL Blog

By Harold Kerzner, Ph.D. and Elissa Farrow, Ph.D. Every year, numerous articles are written that describe new approaches to management and leadership practices. The applications for the new approaches cover all industries and situations. The focus of this paper is to discuss some of the challenges facing the linkage between artificial intelligence (AI), project management, and stakeholder relations management.

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Everyday Agile Practices

Velociteach

Agile seems like a mystery to many. It has an unfamiliar vocabulary and practices. To outsiders, it feels like an exclusive club. However, when we step back and inspect agile, we see that it follows common, recognizable patterns from our daily lives. Imagine it is Thursday evening. Your family is planning the upcoming weekend. There is a fixed amount of time and many things to do.

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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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What Are the 5 Types Of Project Management Offices (PMO)?

WorkOtter

Project management. It is important to be efficient in this if you want to see your business have some success. Luckily for you, PMO (project management office) software is becoming more available for you to utilize. The industry was worth over $6 billion at the end of 2021 and is expected to be worth over $15 billion by the end of the decade. If you are new to this, you may be wondering what types of PMOs are out there.

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5 project management methodologies for agencies – Part 2

Resource Guru

Welcome to part two of our agency project management series. This time, we’re digging into methodologies to help you figure out which approach is the best fit for your projects and your agency culture. If you missed part one of the series, you can find it here. It’s full of useful information including agency project management challenges (and solutions) as well as the importance of resource management.

Lean 52
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How to Implement Business Intelligence in 2023

Productivity Land

Business intelligence (BI) is a collection of tools and techniques used to analyze organizational data and make better decisions. As our world continues to transition into a more digital-intensive environment, it’s essential for businesses to use the power of analytics and BI to gain insights that can help them stay competitive and profitable. 2023 is an exciting time for business intelligence as new technologies are emerging that are making the process easier than ever before.

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Is Artificial Intelligence the Future of Project Management?

PM Times

As we enter a new era of technological advancements, it’s no surprise that Artificial Intelligence (AI) has taken the world by storm. From self-driving cars to virtual assistants, AI has revolutionized the way we live and work. When it comes to project management, AI is rapidly becoming an indispensable tool for businesses looking to boost […] The post Is Artificial Intelligence the Future of Project Management?

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4 Best Tools For Small Team Project Management

Productivity Land

As a team project manager, whether the team is small or big, you know that managing a project can be challenging. That’s why it’s important to have the right software to help you stay organized and on track. In this post, we’ll discuss 4 software options that are perfect for small team project management. We’ll also highlight some of the features that make these applications stand out, so you can make an informed decision about which one is best for your needs.

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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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ActiveCollab 8.0: User Card, Pin Discussions

ActiveCollab

Hello everyone, Welcome to May's edition of ActiveCollab's updates! Our previous recap [[link] discussed the Self-hosted upgrade and the development of version 8.0. This time, we'll talk about user cards and pinned discussions. USER CARD In ActiveCollab 8.0, it will be possible to open a user's card throughout the app. It will contain basic information on a user, such as their email and the teams they belong to.

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Effective Interview Techniques: Standing Out and Landing Your Dream Job

Productivity Land

Standing out and landing your dream job can be challenging in today’s competitive job market. The interviewing process can feel intimidating, but you can confidently navigate your way to success with the right preparation and strategies. The following are useful and non-obvious tips to help you excel in job interviews and secure your dream job.

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Podcast Website Inspiration: Discovering Exceptional Examples for Your Online Platform

UPQODE

With the ever-increasing popularity of podcasts, creating a standout online platform for your show has become more important than ever. While audio content is undoubtedly the heart of your podcast, a well-designed website serves as a central hub to engage your audience, showcase episodes, and establish your brand. It provides a unique opportunity to captivate visitors with a visually appealing and user-friendly interface that complements your audio content.

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How to Open an LLC for a Software Development Business?

Productivity Land

Software development is a huge and growing industry, worth nearly half a trillion dollars in the U.S. alone. If you’re joining the industry and starting your own software development business, you’ll want to get off to a good start by properly setting up your business entity. A limited liability company (LLC) is a common choice for startup founders because of the personal liability protection and pass-through taxation that it offers, as well as management flexibility.

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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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Successful Strategies for Delivering Large IT Projects on Time

Techno-PM

For organizations in the tech industry, delivering large IT projects on time is crucial for success. However, it's easier said than done. Many factors can stand in the way of timely delivery, such as inadequate planning, resource allocation, and budgeting, to name a few. In this blog, we will delve into successful strategies for implementing large IT projects on time.

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Making Your Sprint Review Better - It's Not About a Perfect Demo

Scrum.org

The Sprint Review can be a unifying event for Scrum Teams and stakeholders, or be a frustrating waste of time. Good ones involve transparency on what was completed in the Sprint as well as communication about what is coming up next. In addition to demonstrating working product, feedback is essential so the Product Owner can adapt the Product Backlog.

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Quality frameworks and their role in competitive advantages

Techno-PM

Quality frameworks are a set of guidelines, standards, and procedures that help organizations to ensure that the products or services they provide meet the requirements and needs of their customers. These frameworks are critical in ensuring that businesses set high standards of quality, improve customer satisfaction, and maintain a competitive advantage in the marketplace.

Lean 36
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What is Neuroscience | Video

Online PM Courses

These days you may be hearing a lot about neuroscience in business, leadership, and Project Management. But what is neuroscience? The post What is Neuroscience | Video appeared first on OnlinePMCourses.

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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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Quality frameworks and their role in competitive advantages

Techno-PM

Quality frameworks are a set of guidelines, standards, and procedures that help organizations to ensure that the products or services they provide meet the requirements and needs of their customers. These frameworks are critical in ensuring that businesses set high standards of quality, improve customer satisfaction, and maintain a competitive advantage in the marketplace.

Lean 36
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Beginner’s Guide to the Zettelkasten Method | Trello

Trello

The Zettelkasten method is an approach to notetaking that turns information into knowledge. Here’s how it works and how to use it for knowledge management.

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Quality management vs quality control which is more important ?

Techno-PM

Quality management and quality control are two interconnected terms that are often used interchangeably. While both terms focus on improving the quality of a product or service, they have different meanings and distinct purposes. Quality management refers to the overall process of ensuring that the quality of products or services meets or exceeds expectations.

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The Road to Responsible Collaboration: An Introduction

The IIL Blog

By Robin Hornby Collaborative working has become something of a buzzword. Every project would claim it is their intention. But more than good intentions are needed. In this introductory article, Robin defines the terminology and concepts central to the topic, explains the two themes that inspire collaboration, and lays the groundwork for the proposition that stakeholders have responsibilities as well as rights.

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3 ‘Must-Dos’ for Addressing Digital Transformation Challenges

Digital transformation projects are crucial, with global spending projected to hit $3.4 trillion by 2026. However, they often fail at a rate of about 70%. To enhance success: Employee Buy-in: Acknowledge concerns and establish a change management team to communicate benefits transparently. Identify Processes and Tools: Form a digital transformation office to establish metrics, workstream lifecycles, data capture, and tool selection.

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The Importance of Soft Skills for Project Managers

Techno-PM

Soft skills are essential for project managers to succeed in their roles. While technical skills, such as budgeting and scheduling, are important, it’s the ability to effectively communicate, motivate, and collaborate with team members that sets top-performing project managers apart. In this article, we’ll discuss the importance of soft skills for project managers and how they can enhance their abilities in these areas.

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Should Your Company Hire a Chief People Officer?

Teamweek

Getting the most from a company’s human resources means knowing how to balance both sides of the playing field — the employees and their needs with the needs of the business. Like walking a tightrope over Times Square, it’s a careful balancing act for only the most skilled professionals. Where, going back to our HR example, the best person for this job is a Chief People Officer.

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Everything You Need to Know About Value Stream Mapping

Techno-PM

Value Stream Mapping (VSM) is a lean management technique used to analyze, design, and improve the flow of materials and information required to bring a product or service to a customer. VSM identifies the different steps involved in producing a product or delivering a service and assesses the time and value added at each stage. VSM is used to optimize processes, reduce waste, and improve efficiency, resulting in increased productivity, reduced costs, and improved customer satisfaction.

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Successful Strategies for Delivering Large IT Projects on Time

Techno-PM

For organizations in the tech industry, delivering large IT projects on time is crucial for success. However, it's easier said than done. Many factors can stand in the way of timely delivery, such as inadequate planning, resource allocation, and budgeting, to name a few. In this blog, we will delve into successful strategies for implementing large IT projects on time.

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The Big Payoff of Application Analytics

Outdated or absent analytics won’t cut it in today’s data-driven applications – not for your end users, your development team, or your business. That’s what drove the five companies in this e-book to change their approach to analytics. Download this e-book to learn about the unique problems each company faced and how they achieved huge returns beyond expectation by embedding analytics into applications.