Tue.Jul 05, 2022

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The Stakeholder Performance Domain

Project Risk Coach

The PMBOK® Guide, Seventh Edition contains eight performance domains including the Stakeholder Performance Domain. In this article, we will explore this domain, why it's critical to projects, how to engage stakeholders, and some common stakeholder risks. What is the Stakeholder Performance Domain? This domain "addresses activities and functions associated with stakeholders" ( A Guide to the Project Management Body of Knowledge, PMBOK® Guide, Page 8).

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How to Write a Business Case (Template Included)

ProjectManager.com

What Is a Business Case? A business case is a project management document that explains how the benefits of a project overweigh its costs and why it should be executed. Business cases are prepared during the project initiation phase and their purpose is to include all the project’s objectives, costs and benefits to convince stakeholders of its value.

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AGILE: how to get there from left to right

Musings on Project Management

If you are new to Agile (thus, perhaps, a late adopter. or a newbie to the software industry) read through this posting at LeadingAnswers. The big message is: Internalize the founding concepts and guiding principles before jumping into sundry Agile practices. Start left; move rightIn particular, understand this lecture: Absorb the idea of moving 'left to right' from the founding ideas to the.

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What Is a Capital Improvement Plan & How to Create One

ProjectManager.com

It’s not uncommon for organizations to have more plans than they have funds. That creates a dilemma: how to spend their budget. A capital improvement plan can guide an organization when it’s trying to figure out which large projects or purchases in which they should invest. But what exactly is a capital improvement plan? How do you go about creating a capital improvement plan document?

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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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Janna Bastow: Lean Roadmapping and OKRs

Scrum.org

TL; DR: HoA #42: Lean Roadmapping and OKRs w/ Janna Bastow. In this energizing 42nd Hands-on Agile session on Lean Roadmapping, Janna Bastow, the go-to-authority on product roadmaps, talked about being lean while creating and maintaining your roadmap and how objectives and key results (OKR) may help meet that challenge. ?? Watch the video now: Janna Bastow: Lean Roadmapping and OKRs — Hands-on-Agile #42. ????

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Keeping a healthy work-life balance: 10 Tips from #TeamScoro

Scoro

Maintaining a positive work-life balance is an essential part of Scoro’s culture and values. We all have only 24 hours in a day, and to have more time for ourselves, we encourage our team members to “Work Smarter Not Harder” However, this balance doesn’t just come from the employer. It is something that a person should want and create for themselves.

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Project Cost Estimation: Overview of the Process, Main Challenges, and Recommendations

Epicflow Blog

Estimation of project cost is one of the core practices of the project initiation stage, which becomes the basis for the approved project budget. However, the main challenge of this process is that it has to be performed under conditions of uncertainty – you can forecast only the approximate budget you’re going to spend on a project. At the same time, the forecasted cost should not be too overestimated or underestimated.

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Cynefin Framework, Risks and Agile: Known-Knowns, Known-Unknowns, Unknown-Unknowns and Unknowable-Unknowns

Management Yogi

The Cynefin framework is important to know for both aspiring Risk Management Professionals (RMP) and aspiring Project Management Professionals (PMP).First, it’s a complexity model and it helps making decisions in a complex environment. The Project Management Institute (PMI) defines complexity as noted below:"Complexity is a characteristic of a program or project or its environment that is.

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7 Easy Time Management Tips To Increase Your Efficiency And Productivity

PM Times

We all know how hard it is to keep up with everything in such a competitive world. Most people who live in urban areas notice that everything around them seems to go on without waiting for anyone or anything. Time is flying by and you don’t even notice when yet another day has passed. […]. The post 7 Easy Time Management Tips To Increase Your Efficiency And Productivity appeared first on Project Management Articles, Webinars, Templates and Jobs.

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

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 expendi

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How to coach at work

Susanne Madsen

​Simply put, coaching is a way of helping others progress and resolve issues without telling them what to do. It can be a very powerful leadership style because in the process of encouraging employees to think for themselves, not only do we get access to great ideas, we also cultivate autonomy, growth and confidence. That’s what workers want.

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Managing Remote Teams as A Project Managers: 10 Tips You Need to Know Now

nTask

Transitioning from office to remote work takes a toll on everyone and managers are no exception. Management is tough, to begin with, add the stress of remote work, and life instantly becomes a nightmare. Be it Covid-19 restricting everyone to their home, the latest technology offering advanced solutions, or employees pushing for remote working opportunities, […].

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How to Manage Projects On the Go with GanttPRO: Mobile App Improvements

GanttPRO Project Management

We improved the GanttPRO mobile app. Working on tasks and projects will become even more convenient. So, what’s new you can do in the app. View available projects We’ve added […]. The post How to Manage Projects On the Go with GanttPRO: Mobile App Improvements first appeared on GanttPRO.

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What is project selection in project management?

nTask

Project selection is indeed an important task in project management. But what is project selection anyways? In this guide, we’ll explore all about project selection, its methods, important factors, processes, and some of its models. What is project selection in project management? Project selection in project management refers to the process of choosing the next […].

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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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Why teams adopted Scrum during the pandemic

Scrum.org

The human cost of the pandemic has been devastating. We lost loved ones. Many of us lost businesses and jobs. Many more are still working from home two years after the pandemic's start. Our lives have changed forever, and they cannot change back. . Amidst all of these dramatic upheavals, there was another change. During the first year of the pandemic, Scrum adoption more than doubled for software development teams.

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A Complete Guide To Project Estimation Techniques

Agilemania

Project Estimation is an underrated skill that has not been talked about much. Despite 35,00,00,000 search results for the query as we speak, project estimation still remains a topic that needs education. If you’re an aspiring Product Manager, you need to be proficient in project estimation. We’ve put together this blog post which will throw light on the meaning of project estimation, benefits of project estimation, its types and other bonus topics.