Mon.Dec 09, 2019

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An Introduction to Workforce Management

ProjectManager.com

Keeping your employees engaged and on task is, well, no easy task. They say one bad apple can really spoil the whole bunch—and it’s true. A bad hire can cost your business valuable workplace productivity, not to mention nearly 20 percent of their salary on average. And that’s just a couple of reasons why workforce management is so important. Whether you’re in IT, construction or retail, mastering the basics of workforce management can benefit you immensely.

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Risk Register Example – All You Need to Know About It

PM Basics

Risk Register is the most important document in the project management. Everyone agrees on that. But few PMs actually keep it in good shape. Why? They overcomplicate it! Risk Register is a document that contains the information about identified risks, results of Risk Analysis (impact, probability, effects), as well as Risk Response Plans. You also use the Risk Register to monitor and control risks during the whole project life cycle.

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Project Management Conferences and Events 2020

Rebel’s Guide to PM

Project management conferences are a fantastic way to meet new people and improve your skills. I always come away feeling energised about where I am in my career and relieved having met people with similar problems to me. Many conferences have early bird pricing so it is worth checking out the events that interest you as soon as you can in case you need to get corporate funding to attend.

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Risk Analysis 101: How to Analyze Project Risk

ProjectManager.com

Before you’re able to analyze the risk in your project, you have to acknowledge that risk is going to happen in your project. By planning for risks, you begin the process of knowing how to identify, monitor and close out risks when they show up in your project. Part of that process is risk analysis. It’s a technique that helps you to mitigate risk.

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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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The Agile museum

Scrum.org

I’ve been teaching the class Professional Scrum with Kanban (PSK) for the last year now and I strongly believe parts of its content will send some of our current practices and books to the Agile museum. Through the help of the cycle time scatter plot diagram, I believe our decks of poker planning will end up in the Agile museum. Between our actual estimation techniques and the #noestimate movement, I believe the Kanban (or flow) metrics offer a historical perspective based on actual data.

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Agile Illustrated – Sample #3

Leading Answers

This is the third sample from my new Kindle book “ Agile Illustrated: A Visual Learner’s Guide to Agility ”. The book is a graphical introduction to the agile mindset and servant leadership behaviors for working with agile teams. If you missed the first two samples you can find them here  and here. Also, just in time for Christmas, Agile Illustrated is now available as a physical paperback book.

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12 Critical Project Management Principles Every Business Owner Should Follow

ProProfs Project Management

Project management is a complicated yet crucial business practice. Getting projects isn’t a big deal, as managing and completing them on time is the factor that decides your credibility in the business. Imagine a scenario where you have multiple projects in hand, but you are struggling to complete them on time and in the promised budget. Feeling distraught, right?

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What is the Point of total assumption (PTA) ?

iZenBridge

During my interaction with Project Management Professional (PMP)® Certification aspirants, often I see that they take the Point of Total Assumption as a confusing concept. I observed that there are lots of misunderstandings and confusions that need clarity. Though not a crucial question from the PMP® exam point of view, it still needs a detailed discussion.

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Digital Transformation in Government Organizations: Tips from Microsoft, IBM, McKinsey, and PwC

Epicflow Blog

Companies have been undergoing digital transformation for a while already and everyone is striving to be the best among competitors in utilizing digital facilities and providing better services to clients. Though government organizations are not facing a threat of rivalry, one of the biggest challenges is meeting citizens’ requirements and bringing better results with smaller expenses and amount of time.

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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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What is The Difference Between Risk Appetite, Risk Tolerance and Risk Threshold?

iZenBridge

In the past few PMP® Certification Facilitation sessions , many professionals have been asking me – What the Difference between Risk Appetite, Risk Tolerance, and Risk Threshold. . Thus, I thought of explaining the same in my next blog post. Here, we will discuss each term in detail and study the differences. Now, the question is – What is the primary reason for the confusion among these terms?

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Is A Project Charter Necessary?

Project Management Resource Network

Project Charter Components. Do you need a project charter? Depending on the size and complexity of the project, a charter is not always created. It takes time to develop and does not seem worth the effort. This can be a mistake. . The charter is the foundation for any project. The charter will authorize the project and the project manager. The charter will state the purpose and goals of the project.

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5 Fatal Mistakes Made When Selecting Project Management Software

Admation

Project management software has the ability to offer a one stop shop for solving many challenges faced by marketing teams and advertising agencies. And nobody doubts that the benefits of such a tool are manifold. According to Software Advice , “Project management software decreases administrative burden on employees, while helping businesses track tasks better and not miss deadlines.”.

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Warning: Dates On The Calendar Are Closer Than They Appear

Bridge the Gap Consulting

If you drive or ridden in the passenger seat of a vehicle and looked at the side mirror, you may have noticed the little sticker that says “OBJECTS IN THE MIRROR ARE CLOSER THAN THEY APPEAR.” When changing lanes, we check them (most of the time anyway). Sometimes, even though the car we see looks like it’s far enough back, we’re met with a honk and a one-finger-wave when we attempt to move over.

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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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Is it snowing today?

Stepping Into Project Management

Its December and yes it’s the season of thinking about whats coming up next, getting ready to write resolutions and wrapping up the year with good cheer. It’s also a year gone by. Here’s what I am thinking- my next year shouldn’t be about asking uncertain questions of things I should have already done. It should be plans that work, risks that are taken and thinking beyond what I think I am capable of.

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If the customer is not satisfied.

Musings on Project Management

If the customer is not satisfied. First question: How would you know if the customer is not satisfied? Is customer satisfaction one of your project metrics? Good grief, I hope so! If not, you might want to consider this little ditty: . If the customer is not satisfied, they may not want to pay. If they are not successful, they cannot pay. If they are not more successful than they.

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Scrum Master Career 2020 — Using Ecocycle Planning to Identify Opportunities

Scrum.org

TL; DR: Scrum Master Career 2020. Last week, about 30 members of the Hands-on Agile community in Berlin came together to identify opportunities for personal and professional growth for the coming year, using Liberating Structures’ Ecocycle Planning in the process, to further your Scrum Master career 2020. Read on and learn in this post what opportunities you have to advance your career as a Scrum Master or agile coach in the next year.

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Talk is cheap… or is it? | Video

Online PM Courses

'Talk is cheap' they say. But what matters is the thinking behind it and the deeds that follow it. In this short video I argue for careful consideration. The post Talk is cheap… or is it? | 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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Outcome Mapping & Scrum: The story of Amazing Decisions

Scrum.org

Introduction . The purpose of Scrum is to maximize product value by delivering a potentially releasable “done” increment through Sprints. While the Development Team is responsible for delivering the increment, the Product Owner is responsible for maximizing value by deciding about the content and the order of the Product Backlog. . Deciding what’s the most valuable thing to do next can be difficult.

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The Case of the Accidental PM

MPUG

Sure, “The Accidental” this and the “The Accidental” that is such a cliché, yet when you google “Accidental Project Manager,” you get 24 million results. Results like 4 Ways to Succeed as an Accidental Project Manager and 6 Tips for the Accidental Project Manager top the list. Even the PMI Learning Library has an article titled The Accidental Project Manager , wherein lies a listing of survival skills for this flavor of manager.

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Do You Really Need a Virtual Assistant?

TimeCamp

As your business expands, your duties also increase along with your workforce. It’s natural to.

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What Is Lean Project Management? It’s Origin, Principles & Benefits

ProProfs Project Management

In many ways, project management is a recent craft; but one that has learned a lot from the world of old manufacturing processes. And project managers are constantly finding ways to implement the knowledge and experiences of 20th-century manufacturing to contemporary project management. With that in mind – lean project methodology is a great example!

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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.