Mon.May 02, 2022

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5 Considerations for Managing a Project Portfolio

Rebel’s Guide to PM

A project portfolio is all about prioritizing. Together with the common-sense notion that you can’t just pursue your main goal and leave behind all that is secondary, the main reason to use a portfolio is the assumption that no organization has enough resources to fulfill all of its goals simultaneously. The mission of a project portfolio manager is clear enough: maximize the business benefits of projects.

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From strategy to plan to approval

Musings on Project Management

To state a strategic principle is one thing; to reduce principle to a practical plan is another; but then to get stakeholders to approve and invest in both the principle and the plan is yet another.

Planning 307
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Die Hügel-Karte: Eine revolutionäre Sichtweise auf die Arbeit im Sprint

Scrum.org

Schon seit Jahren beobachte ich bei Scrum Teams dieses Phänomen: Die Einträge im Sprint Backlog bewegen sich tagelang gar nicht. Und dann wird in letzter Minute doch alles fertig. . Es ist immer das Gleiche: Egal, wie gut der Scrum Master die Entwickler daran erinnert, ganz gleich, ob das Scrum Team viele oder wenige Tasks parallel im Sprint bearbeitet, unabhängig davon, wie klein die einzelnen Aufgaben im Sprint Planning gemacht wurden – Fortschritt zeigt sich nicht am Sprint-Board.

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3 Ways to Manage Your Team Members and Resources Most Effectively

LiquidPlanner

The economy is hot right now. Unemployment levels are exceptionally low, at 3.6% in the US. In April 2022, The Wall Street Journal described that “the demand for workers is so intense that companies have listed millions of unfilled job openings.” So, this begs the question: are you doing all you can to attract and retain top talent ? There are three things to consider to ensure you’re making the best use of your team members and their resources. 1.

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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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Quickstart To Improve Your Team's Psychological Safety

Scrum.org

This article is also available as a free PDF. It’s a nicely styled paper and allows you to easily share it with others. You can download the PDF here or check the package that includes 30 Quickstart workshops ! . Is psychological safety in your team low? We wrote this guide to help you get the dialogue started in your team. Psychological safety is defined by Amy Edmonson as the degree to which people are willing to take interpersonal risks.

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Agile Transformation and Product AMA Discussion

Leading Agile

In case you missed it live, here’s the AMA with our Chief Methodologist Dennis Stevens and our Product Practice Lead Andrew Young. They sat down to field questions on Agile Transformation and Agile in the Product space. They cover topics such as planning cycles, iterative funding, metrics, value streams, OKRs, leading indicators, Business Agility, and more.

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Remote is Work: Tips on Setting Up Your Organization for Success

Sarah M. Hoban

Many knowledge workers have successfully worked remotely for two years and counting. In a previous post, I shared my learnings around remote work thus far. I also mentioned the need to develop structures to make remote work successful. In this post, I’ll share some ideas for how you can structure remote work to set up your organization for success. TLDR; communication is critical.

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Scoro Secures A Top Spot With Work Management Software In G2’s Report

Scoro

G2, the renowned peer-to-peer business software platform, released its Spring software review and it’s about time we announced the results. Coming in hot with 13 awards across five different categories, G2’s report solidifies Scoro’s reputation as the leading solution for collaborative work management software. More than that, the results highlight just how popular our suite of tools has been in helping businesses streamline their processes and workflows.

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Product Owner Anti-Patterns — 33 Ways to Improve as a PO

Scrum.org

TL; DR: Scrum Master Anti-Patterns. No other role in Scrum can contribute to mediocre outcomes like the Product Owner—garbage in, garbage out. Therefore, the following list of some of the most common Product Owner anti-patterns might be a starting point to reflect on the role; maybe, there is room for improvement? If you recognize some anti-patterns in your daily work, why don’t you ask the rest of the Scrum Team for support?

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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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Rich Maltzman’s Best Project Management Advice: Value, Sustainability, and Servant Leadership | Video

Online PM Courses

What is Rich Maltzman's best Project Management advice? He tells me, among other things, about value, sustainability, and servant leadership. The post Rich Maltzman’s Best Project Management Advice: Value, Sustainability, and Servant Leadership | Video appeared first on OnlinePMCourses.

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How you can define your product group

Scrum.org

The third blog, in a blog series about the upcoming book: Creating Agile Organizations - A Systemic Approach , by Cesario Ramos & Ilia Pavlichenko. Most customers we work with organizing teams around smaller areas of functionality with no straightforward customer or value proposition. In these cases, you find that the teams are working on just a part of the real product.

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Strategizing for Project Threats and Opportunities

MPUG

Over a decade ago, I was put in charge of a group of projects. One of the projects had been running for almost a year, but had never seen a single live release to the customer! I realized there were too many unresolved risks, and asked the concerned project manager to put risk management, a new concept in the organization, as a top priority. Post identification and qualification of risks, any risk above the risk threshold value had to be brought down.

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14 Best Odoo Alternatives & Competitors For Work Management

Scoro

Odoo provides integrated functional business apps for the management of business processes. It features numerous resources, including finance, resource, time, project, and work management, to increase efficiency, prevent time wastage, and increase productivity. However, there are several other work management alternatives that may be more suitable depending on specific requirements. 1.

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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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What's the Difference Between Goals, Aims and Objectives?

Project Smart

In any endeavour, being able to distinguish between your goals, aims and objectives is crucial to your success. What's the difference between the three? In simple terms, a goal is long term, so it's something you work towards. Your goals may thus be some way off in the future and thus take time to achieve, even years in some cases! An aim is a single statement of your purpose.

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