Mon.Dec 19, 2022

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How many ways to say "Cost"?

Musings on Project Management

How many ways are there to say "Cost"?Certainly, more than one!When "they" ask: 'How do YOU manage cost?", your answer is: 'It's complicated' because there are so many varieties of 'cost'.Project managers certainly have at least this list:Estimated cost (of course, an estimate has to be made in the context of a plan: scope and schedule and resource plans)Baseline cost (estimated cost at the.

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Five benefits to creating a schedule network diagram

Kiron Bondale

Whether you have taken a foundational project management course which covered practices for predictive approaches or you were studying to take the PMP exam, you are likely familiar with schedule network diagrams. However, like many tools and practices in the PMBOK framework, just because we learn about them doesn’t mean we will use them. If you skip creating network diagrams, you could miss out on these benefits.

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Help Select the Book Cover of the new ‘Scrum Anti-Patterns Guide’ by Pearson

Scrum.org

TL; DR: Red or Blue? I need your support, dear community. For months, I have been working on turning the popular Scrum Anti-Patterns Guide PDF into a new book from Scrum-org’s Professional Scrum Series , published by Pearson. We will soon start the editing process, and I am hopeful we may see a release date in Q2/2023. Creating the graphics has been challenging at times; there will be more than 50 cartoons and sketches in the book.

SCRUM 155
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Agile and Current Technology: Are We Adapting or Missing the Mark?

Leading Agile

When the Agile Manifesto was created 21 years ago, software development, technology, and the world, in general, were different. Agile was first created in response to the frustrations around the traditional software development processes of the 1990s—years from idea to development to deployment—and the explosion of personal computing, meaning that software had to keep up, but it was struggling to do so.

Agile 133
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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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What Is Stakeholder Management: Templates, Processes, Tools

PM Basics

When it comes to project management , you cannot run away from stakeholder management. Taking care of your project stakeholders can greatly increase the odds of success for your projects. But what is stakeholder management anyway? Stakeholder management is a set of processes and tools where you identify, understand, and engage with your stakeholders, to manage their expectations, needs and feelings.

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HOW TO CREATE A PERFECT BANKING APP WITH THE MOST EFFECTIVE COST PERFORMANCE

Binfire

Any application downloaded through a software application distributor(s) and used for transaction-related authentication, banking services, or other functions that may be necessary from time to time is referred to as a “Banking App.” A banking app is a mobile application that allows you to view information about your bank account and carry out transactions from your phone, tablet, or another mobile device.

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Our Most Popular Articles of the Year 2022

MPUG

2022 2023. It’s hard to believe that we’re already in the final stretch of 2022! It’s been a year of challenges and successes but in true “Project-Manager-style”, we always manage to find creative solutions and a way to get things done. As Project Managers we remain masters of organization, planning, and problem-solving, and always seem to find a way to get things done on time (and within budget ?).

2022 52
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Should We Really Be Surprised On Our Projects?

Bridge the Gap Consulting

“That doesn’t surprise me.” You’ve heard it. I’m sure you’ve said it. But yet, when something happens on our projects, we’re surprised! How did this happen? Why didn’t see this coming? But I ask you, knowing the dynamic and fluid nature of projects, should we really be surprised? I think of a client project from a handful of years ago.

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What Is A Project Management Application? A Brief Explanation

The Digital Project Manager

When it comes to managing projects, there are a variety of different applications that can be used. Almost 74% of project managers use two to five project management applications to get work done. Understanding what they are used for and why they are important can help you become a more effective and efficient project manager. […]. The post What Is A Project Management Application?

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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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Scrum-friendly Environment

Scrum.org

I paint a Scrum-friendly environment and culture with words, which helps you imagine the ideal Scrum environment to inspire, encourage and guide your organization to move toward it. These are aspects of a Scrum-friendly environment: 1- Gentle flow of value delivery: In a Scrum-friendly environment, there is a gentle constant flow of creating and delivering value to the market using an iterative incremental approach.

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Nuclear fusion need not apply: Planet-saving tech is ready to scale

Sitetracker

Venture investors say the primary challenge for climate-tech startups is no longer deep-tech breakthroughs. It’s time to build. . The post Nuclear fusion need not apply: Planet-saving tech is ready to scale appeared first on Sitetracker.

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Creating a Project Budget in 7 Steps

Teamweek

Looking to create a project budget but have no idea where to begin? Cost estimation isn’t simple — but creating a project budget that works for you and your client is practically an art form. You know that saying…. “Money makes the world go ‘round.”. It drives your decisions, influences your clients’ opinions, and is at the back of your mind almost every turn.

Budget 52
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Resource Planning: A 7-Step Guide For Project Teams

Teamweek

Resource planning is an essential step in project planning. Yet most project managers gloss over planning and allocating resources. Perhaps because: Clients don’t care a lot about resource plans. Involves dealing with other project managers and higher-ups in the agency. More practical to dive into the project tasks and milestones. Whatever the reason, without resource planning, you’ll end up with an understaffed, overworked project team.

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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.