Wed.May 26, 2021

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Cost Reimbursement Contract: A Quick Guide

ProjectManager.com

There are many ways to contract work. But when the agreement is signed, it’s legally binding. Both parties must adhere to its terms and conditions. That’s why contracts vary from fixed-price contracts, in which the quoted price is final, to others with more flexibility. For example, a fixed-price contract is only viable for the contractor when they are able to very accurately forecast how much the project will cost.

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Master’s in Project Management vs MBA: 10 Expert Tips to Help You Decide

Rebel’s Guide to PM

Here’s the TL;DR: The MBA will give you more flexibility later in your career and should probably be the route you choose. While everyone has individual goals and it’s impossible for someone on the internet who doesn’t know your personal situation to advise you, an MBA is worth serious consideration. In this article, I’ll share 10 expert tips from a range of people about their experiences to help you choose the right higher education goals for you, so you can make the right choice for your caree

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The Frustrated Scrum Master — When all the Effort Leads Nowhere

Scrum.org

There are plenty of failure possibilities with Scrum. Given that Scrum is a framework with a reasonable yet short “manual,” this effect should not surprise anyone. One failure symptom of a botched agile transformation is the frustrated Scrum Master. Join me and explore the consequences of a Scrum Master who has thrown in the towel in 92 seconds. ?? Shall I notify you about articles like this one?

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Uncertainty in Business: Today’s Challenges in Adapting to Change

Planview

Uncertainty in business is increasing, caused by rapid change, disruptions, unknowns, and whatnots. The problem is treating uncertainty today as an anomaly – a one-off event to overcome – instead of a constant. This is the topic I covered in a recent webinar featuring guest speaker Peggy Lawless, Founder and CEO of Lawless Research. We jointly presented findings from the new Strategy Execution Benchmark research.

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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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15 Best Tips To Save Time In 2021

nTask

We often ramble about the lack of time or how we cannot get anything done in the inadequate amount of time we have. Well, guess what? We are here with the 15 best time saving tips that will help you add more hours to your day. When we say add more time, we do not mean adding an hour or two to the 24 hours of your day (that is impossible in the real world), we mean the efficient usage of these 24 hours to help you save some time whilst you complete all your tasks.

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What Is Scope Creep and How Can I Avoid It?

ProjectManager.com

Before we can explain how to avoid scope creep in your projects, we need to understand what project scope and scope creep are. What Is the Scope of a Project? In simple terms, the project scope refers to all the work that is required to complete a project. You can use a work breakdown structure to help you identify all the individual tasks, activities and deliverables of your projects.

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5 Reasons Why ONEPOINT Projects Should be on Your Must Have PM Tools List

PM Times

In my next installment of this focused series on reasons why our PM community should know or try certain very useful and powerful project management tools they may or may not have ever heard of, I am going to cover ONEPOINT Projects. ONEPOINT Projects is the leading provider of project and portfolio management (PPM) software […]. The post 5 Reasons Why ONEPOINT Projects Should be on Your Must Have PM Tools List appeared first on Project Management Articles, Webinars, Templates and Jobs.

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9 Effective Marketing Project Management Tips That Actually Work

nTask

People often mistakenly believe that creating marketing ad campaigns, developing an effective sales pitch to lure customers, and attending day-to-day meetings with investors are the only tasks performed by marketing managers. The reality, however, is a bit different. While all the above-mentioned tasks are the responsibility of a marketing manager , there are hundreds of other things that he has to deal with on daily basis.

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Part IV: A Simplified Approach to Determine IT Project Complexity.

PM Times

A New Set of Metrics. Abstract This paper proposes a new set of metrics to minimize complexity for project and program management. It is based upon the prior work on the IT Core Complexity Model. It recommends a systemic approach establishing standards for IT departments and measuring progress against the standards. The resultant data collection […].

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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 Keep a Multi-Generational Team Collaborative, Effective, and Productive

Proofhub

There is an ongoing debate whether teams perform better if they are homogeneous or heterogeneous. And while most experts today agree that diverse teams will perform better than less diverse ones, the fact remains that they come with their unique set of challenges. When discussing the various categories that can make a team heterogenous, the age of the team members is rarely the first thing that comes to mind.

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Projects are life: project management is about people.

Sitetracker

Project management is more than checking things off a list. It is about people. For Eva Abeniacar-Bigatel she can pursue her passion for engineering and work with some incredible individuals. Eva is Engineering Project Manager for Volta Charging and is responsible for East Coast operations, installing electric vehicle chargers. Her project management journey is relatively new, but she credits her success to exposure to the fundamentals.

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Teamwork and Technology: The Key to Team Collaboration

Scoro

A team’s success depends on the collaborative mindset of each individual, coupled with the effectiveness of their processes. As companies grow, processes become more complex and intricate, calling for more effective means of collaboration. We know that collaboration is essential for effective business operations and employee productivity, regardless of company size or industry.