Thu.Feb 09, 2023

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A Quick Guide to Essential Project Management Metrics

Epicflow Blog

When managing a project, it’s vitally important to regularly monitor its state: whether or not it has deviated from the approved schedule and budget; how much work has been completed and how much is left; how efficiently your resources are utilized, etc. This is where project management metrics come into play – they provide project managers with useful insights as to a project’s “health”.

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ChatGPT on the risk matrix

Musings on Project Management

I asked ChatGPT for an assessment of the limitations and hazards of using the conventional risk matrix -- of impact vs probability in a matrix format -- in project management.

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How to Implement Business Intelligence in 2023

nTask

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.

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Definition of Done: Business Agilität und technische Exzellenz ??

Scrum.org

In Kürze: Definition of Done: Business Agilität und technische Exzellenz Die meiste Zeit sind unsere Stakeholder kaum daran interessiert, wie wir ihre Probleme lösen, solange wir uns an die Regeln halten. Stattdessen sind sie an der regelmäßigen Lieferung von wertvollen Inkrementen interessiert, da diese den Weg zu geschäftlicher Agilität ebnen. Es gibt jedoch keine Business Agilität ohne technische Exzellenz, was uns zu unserem heutigen Thema bringt: die Bedeutung einer umsetzungsfähigen Defini

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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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Top 7 Bug Tracking Tools Of 2023

Productivity Land

Your work and your business need to run effectively without any hindrance. Bug tracking tools allow you to work effortlessly while tracking, capturing, and resolving the bugs in your systems. This system is also referred to as defect tracking tools and issue tracking tools. Understanding Bug Tracking Systems Bug tracking is mainly used during software testing to make sure that your work system goes efficiently.

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How to Find an Accredited Coach Training Program?

Productivity Land

The need for professional coaching has skyrocketed nowadays. If you are serious about becoming a certified professional coach, it is essential to have a formal and accredited coach training program. The finest coach training programs have a comprehensive curriculum that includes all aspects of coaching. Some may provide training in specific areas like business coaching or health and wellness coaching.

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The Many Benefits of Collaborative Leadership in Modern Workplaces

nTask

In the modern workplace, effective leadership is essential for success. Collaborative leadership has become increasingly popular as it allows teams to work together and achieve great results. In this article, we will explore the many benefits of collaborative leadership and how it can help you and your team reach your goals.

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What is Stakeholder Analysis (and the problems it solves)?

PM Basics

As a project manager, you must prioritize working with people and leading them to success. The most common way is to perform stakeholder management activities. Stakeholder analysis is a critical part of these activities. But if you have never done it, you may find the term rather intimidating, and it may sound stressful. So, what is stakeholder analysis anyway?

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The Many Benefits of Team Reflection

nTask

As teams, we often get too caught up in the daily grind and forget to take a step back and reflect on our progress. We may be busy getting the job done but we are missing out on the potential for growth that team reflection can bring.

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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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The Next Generation of Project Management With Dr. Harold Kerzner

International Institute for Learning

All management approaches undergo changes, and this includes project management practices. Some changes occur slowly, whereas others take place quickly because of rapid changes in the environment and within the organization. The impact of the pandemic, advances in technology, growth in artificial intelligence applications, how teams collaborate and communicate with each other, and the role of critical soft skills—are leading us into the next generation of project management.

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15 Real Time Management System to try out in 2023

nTask

In the era of digital transformation, real-time management systems have become increasingly important for businesses of all sizes. Real-time management systems enable organizations to be more agile, efficient, and customer-focused by providing unified access to data and enabling better decision-making.

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What are the Various Business Analyst Roles?

Techno-PM

Every company runs different sectors, and one person can’t monitor every function. There are different teams and managers to ensure that all the company operations run smoothly. A business analyst (BA) keeps track of all the functions, operations and transactions between the IT sector and the business by analysing data and reports, processing the required resources, and reporting the results to higher-ups, executives, and clients.

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5 Research-Backed Team Working Models for Driving Productivity

nTask

In today's modern workplace, the traditional hierarchical structure is becoming more and more a thing of the past. As new technologies enable companies to become more agile and adaptable, team working models have had to evolve in order to keep up. But which team working models are best for driving productivity?

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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 Build Your Professional Network As A Project Manager

The Digital Project Manager

Think about the beginning of your working life: how did you find your first job? Was it for a friend or family member? Maybe you worked someplace you visited often? Perhaps you interned at a friend’s parent company. Whether you realized as a fresh-faced teenager or not, all of these opportunities are reliant on a […] The post How To Build Your Professional Network As A Project Manager appeared first on The Digital Project Manager.

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The importance of Transparency and the Increment (08)

Scrum.org

Scrum is founded on empirical process control, and transparency is one of the three pillars. Each of the Scrum Artifacts exist to bring transparency to the Scrum Team and the stakeholders. If you feel that there is a lack of transparency for any aspect of your initiative, have a good look with your team at your Artifacts. Note: transparency is way more than bringing “visibility”.

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The Importance of Maintaining a Project Management Database

nTask

Keeping on top of your project management tasks can be a daunting task, but with the right database and system in place, it's easier than you think! In this blog article, we'll take a look at why it's so important to maintain an effective project management database and how to get started.

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How oragnizations and companies become and remain innovative

Inloox

Research and development, innovation management and new product introduction On the way to becoming an innovative company and what role project management can play in this process What is remarkable about innovations is their multiple ambivalence. Instead of a clear definition of the term, there is a collection of innovation characteristics. The majority of organizations want to be innovative, but admit that they need to do more.

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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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Mastering the project life cycle: Your complete guide (+ examples)

Resource Guru

The project life cycle , just like a good story, has a beginning, a middle, and (hopefully) a happy end. The beginning involves the ever-so-important planning; then comes the middle, where teams complete various tasks to move the project closer to completion; and finally, an end to review what went well and what didn’t. This, in a nutshell, is the project life cycle: the phases a project moves through from start to finish.

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6 Best IT Management Software to Use in 2023

Productivity Land

It’s the 21 st century and technology is everywhere. If you are a common reader, then the knowledge of IT software for you would revolve around all of the things that you use on a daily basis. But when it comes to companies and businesses, IT software, or specifically IT management software is a big deal. This information management software is the lifeline of tech businesses nowadays.

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Conflict management

Techno-PM

Conflict management is a process and set of techniques to resolve or manage the adverse effects of conflicts in an organization. It has long been recognized as an essential topic for human resource development, and it is now increasingly being studied by organizational scholars such as strategy consultants. Conflicts are inevitable. Whether it's a disagreement with your boss, or an argument between friends, conflicts happen, and they will continue to happen.

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Angular.js vs Laravel vs Ruby on Rails: Which One Is Better?

Productivity Land

Choosing the right technology stack for your web application can be a daunting task. Angular.js, Laravel, and Ruby on Rails are three of the most popular frameworks available today, but which one is best? In this article, we’ll compare them to see which one comes out on top! So let’s get started — it’s time to find out who wins in the battle between Angular.js, Laravel, and Ruby on Rails!

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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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How to hire a product designer for your startup?

Teamweek

Ever wished someone could simply take an idea out of your head and make it real? Well, that’s the magic that a product designer brings to a business. They create a solution for a customer problem and transform it into a product that customers love. And one that keeps ’em coming back for more. In this article, we’ll answer the most common questions asked before hiring a product designer : What does a product designer do?