Wed.Nov 09, 2022

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Best of PMTimes: Performance Review – Don’t Hide From Project Failure, Respond To It

PM Times

Published on August 14, 2019 When you start a project you want it to succeed. But, projects fail. Unless we learn from past mistakes we are destined to repeat them. To learn from the past, take a hard, unbiased and candid look at performance to discover the causes and conditions of both success and […]. The post Best of PMTimes: Performance Review – Don’t Hide From Project Failure, Respond To It appeared first on Project Management Articles, Webinars, Templates and Jobs.

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Operational Strategy: A Quick Guide

ProjectManager.com

Companies have goals and the goods or services they produce must align with those goals. Everything has to work together, including resources and processes, to help achieve those goals as efficiently as possible to stay in business. Having an operational strategy helps companies meet those larger goals when planning their projects. But what is an operational strategy?

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Building pedestals worsens the effect of sunk cost fallacy

Kiron Bondale

I am midway through Annie Duke’s latest book Quit: The Power of Knowing When to Walk Away. If you are not already familiar with Annie’s background, she was a very successful professional poker player who applied the lessons she learned from playing poker to writing and consulting on improving how we make decisions. Her latest book tackles the challenges we face with knowing when it is the right time to quit.

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What Is A Workflow? Ultimate Guide, Examples, & Best Tools

The Digital Project Manager

If you look around any business, you’ll see a series of workflows working together in unison to deliver business results. The process your barista goes through to make your coffee in the morning? That’s a workflow. The email notification you receive from Netflix after they auto-charge your credit card? That’s a workflow too. The value […].

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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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AIOps for Small Businesses

TrustRadius Project Management

Did you know that 20% of businesses fail within their first year of operation, and 50% of businesses fail within the first five years? The reality is that people won’t continue to use a product or service that’s constantly struggling with downtimes or outages. With so many factors determining whether your business sinks or swims, it’s important to take action early!

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Eight Productivity Tools For Remote Teams

Binfire

The COVID-19 pandemic forced many businesses to let their employees work from home. Even after the lockdown restrictions are lifted, many companies will continue to allow or even encourage their employees to work remotely at least part of the time. There are plenty of advantages to working remotely, such as avoiding commuting, having a more flexible schedule, and being able to work from anywhere in the world.

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Maximizing the Value of Agile Metrics

Leading Agile

During Transformation, we need a way to measure its performance and improvements to the organization so that leaders continue to support the initiative. Metrics need to be used to help teams get better over time and drive the right kinds of outcomes that leadership is looking for. In this episode, Mike Cottmeyer shares his insights into different Agile metrics and what are the right ones that give leaders what they need to make the necessary changes to the system and improve overall performance.

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AIOps for Small Businesses

TrustRadius Project Management

Did you know that 20% of businesses fail within their first year of operation, and 50% of businesses fail within the first five years? The reality is that people won’t continue to use a product or service that’s constantly struggling with downtimes or outages. With so many factors determining whether your business sinks or swims, it’s important to take action early!

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Review The outcome-driven organization – Your project portfolio running on espresso

Henny Portman

Now that I am working on a book on agile portfolio management, I was curious about this book. Looking at the title I was thinking am I too late? After reading the book I am even more energized to deliver the agile portfolio management book. This book is all about prescriptive or control-based portfolio management. The outcome-driven organization – Your project portfolio running on espresso 2 nd Edition , written by Linda E.

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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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AIOps for Small Businesses

TrustRadius Project Management

Did you know that 20% of businesses fail within their first year of operation, and 50% of businesses fail within the first five years? The reality is that people won’t continue to use a product or service that’s constantly struggling with downtimes or outages. With so many factors determining whether your business sinks or swims, it’s important to take action early!

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IIL and PMI Educational Foundation Announce 2022 Kerzner Scholarship Award Recipients

International Institute for Learning

Scholarship demonstrates a commitment to educating the next generation of project management leaders. International Institute for Learning, Inc. (IIL) and Project Management Institute Educational Foundation (PMIEF) are proud to announce the 2022 recipients of the Dr. Harold Kerzner Scholarship. The scholarship is awarded annually to students who are pursuing graduate or undergraduate degrees in project management or related fields of study.

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Simple Project Budget Template for Agencies & Freelancers

Teamweek

Are you a project manager looking to download a project budget template? Creating a project budget is relatively straightforward. But not everyone can manage the budget of a project successfully. Use this free project budget spreadsheet to track the financial details of your next client project. Download the free project budgeting template. This project budgeting template focuses on tracking hours for specific tasks within a project.

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How the PMO Can Help Align Projects with Operations

International Institute for Learning

By Joe Pusz. It’s happened to all of us before. You get out of a chair the wrong way or pick up something heavy and pop! Your back goes out! You double over, putting your hand on the pressure point to find relief from the unbearable pain, and try to catch your breath. When it becomes plain that no relief is to be found, you call the chiropractor for an adjustment to get you back into alignment.

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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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How to Do Stakeholder Engagement Management | Video

Online PM Courses

The process of stakeholder engagement needs to be managed. And that is Stakeholder Engagement Management. Let's see how to do it. The post How to Do Stakeholder Engagement Management | Video appeared first on OnlinePMCourses.

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Want to Move Up? Here’s How Telling Your Story Can Help Make That Happen

International Institute for Learning

By James G. Trela. Every organization has a constant flow of opportunities. Opportunities for those that are prepared. Opportunities for advancement, innovation, and to show what you have to offer. Are you prepared for these opportunities? In this article we present some tools you can immediately use to begin preparing yourself for those opportunities when they present themselves.

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HR Project Management: A Compact Guide

Tactical Project Management

For human resource (HR) departments, project management involves overseeing the screening and hiring process. This also includes the implementation and compliance of company policies, labor laws, and employment-related matters. The post HR Project Management: A Compact Guide appeared first on Tactical Project Management.

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The Importance of Managing Stress

International Institute for Learning

By Susan Croft. Stress can affect your ability to think clearly and rationally and to perform well. Extreme stress can lead to heart disease, stroke, and is also associated with some cancers. All of these are very good reasons to find ways to cope with it. Stress wreaks havoc on your emotional equilibrium as well. It may seem like there’s nothing you can do about stress.

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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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Remote Training: 9 Tools and Tips to Train Your Remote Workforce

Proofhub

Remote Training As an employer, you want to ensure that your employees are productive, but you don’t want to micromanage them. Training and coaching your workforce to ensure they know what to do can be difficult, especially if your workforce is remote and you aren’t always in the office to provide hands-on instruction. Here is a guide of tools and tips you can use to train your remote workforce successfully.

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Making the Move from Business Analyst to Product Owner

International Institute for Learning

By Steve P. Blais. You get the word: “We are going AGILE!” Software development is going to adopt Scrum as its operating approach to developing software. And that means no more business analysts. Just as there is no crying in baseball, there are no business analysts in Scrum. Now what do you do? Put your resume out? Ask for a transfer to another area within the organization that still uses business analysts?

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21 Types Of Project Management Software (With Examples)

Teamweek

Whether you’re a small team of freelancers or a large agency, your company needs a project management tool that fits your processes like a glove. But how do you go about choosing one? Before choosing a specific tool though, you need to decide on the type of project management software you need. And choosing from the many different project management software types can be quite a challenge.