November, 2019

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What Is a PMO? PMO Meaning and Examples

Teamweek

In the last decade, more and more corporations have developed a project management office (PMO) to benefit their business. When you set up this kind of office correctly, it can help you become a more efficient and productive company. To get started, you’ll want to learn more about PMO examples, how to set one up, and how to train your employees. What Is a PMO?

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4 Tips to Keep Your Project Costs in Check

LiquidPlanner

Perhaps you’ve had those moments when you’re pulling together some budget information, and crunching some numbers from lots of Excel spreadsheets and emails, and your palms start to get a little sweaty. Which project costs did you miss? It’s been a while since you’ve gotten a progress report from the team – are there any unexpected costs that are going to sneak up on you?

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Resource Leveling: How Can You Use it in Project Management?

MPUG

A person inexperienced in project management may think that resource leveling is a method of making use of resources having the same height. Most experienced project managers know that it is a resource optimization technique which tries to make the best use of available resources to create a workable project schedule. Resource leveling is often misconstrued as the only resource optimization technique, but there is another one—resource smoothing.

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Risk Mitigation

Celoxis

Risk is an inherent part of every organisation, no matter the size or the sector in which the company is operating. Every team has to deal with some risks in the span of a project. So, to tackle the negative impacts due to unlikely scenarios, risk management strategies are developed.

Risk 69
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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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5 Ways To Give (Thoughtful) Thanks To Your Team

Trello

A simple “thank you” can truly go a long way. Whether it’s around the boardroom table, in a Slack channel, or privately outside the workplace, the act of showing gratitude can lift the spirits of anyone receiving some positive praise.

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5 Ways to Give (And Receive) Negative Feedback

Planio

Feedback rules everything around us. Whether it’s talking to your customers about what features they want or getting feedback from your boss on a website redesign , we all benefit when we step out of our own heads and hear what others think. But feedback can’t be limited to just back slaps and high-fives. Negative feedback is just as, and sometimes even more important than its more positive counterpart.

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Project Management and Story Telling

Bridge the Gap Consulting

I friend of mine, who is also a project manager, has a knack for taking the most boring topic and turning it into an interesting story. Want to be riveted by the importance of Python programming in the mid-90’s? Get ready for a 20 minute history lesson plus some predictions for the future. Want to know more about scrum? You’ll be glued to every word as he tells stories of its early beginnings and how its processes have saved many a project.

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Do your performance evaluation and recognition systems support cross-functional teamwork?

Kiron Bondale

While it is usually Wally who openly expresses those thoughts which we normally keep to ourselves, Dilbert is letting his inner voice do the talking in today’s strip. Let’s imagine for a moment that Dilbert’s co-worker is part of a cross-functional team which Dilbert is part of. Dilbert’s response might seem unnecessarily blunt, but this behavior is not uncommon in those companies which place an undue emphasis on individual recognition or which don’t require manager

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10 Ways to Engage Project Stakeholders

Project Risk Coach

Do you have a stakeholder engagement plan? Have you stopped to think about the diverse needs of your stakeholders? Which stakeholders have the most power and influence? When and how will you engage these people? What is a Stakeholder Engagement Plan? The stakeholder engagement plan is "a component of the project management plan that identifies the strategies and actions required to promote productive involvement of stakeholders in project or program decision making and execution ( PMBOK® Guide –

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Strategic Finance Essentials: A Project Manager’s Guide to Financial Impact

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 expendi

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The Ultimate Guide to Getting People to Take Responsibility At Work

Rebel’s Guide to PM

Much of what we do today relies on other people – other people who don’t work for us. Whether it was as part of a project or another professional interaction, I’m sure you have met colleagues who aren’t taking responsibility at work for their tasks. It’s a pain to work with coworkers who won’t step up. It means your job turns into micromanaging, spoon feeding and generally running around after people who probably earn quite enough to be operating in a more professional manner.

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The Complete Guide to Project Risk Assessment (Free Template)

Workamajig

Project risk assessment is an essential part of any project management plan. This guide shares 6 key steps in assessing project risk. Running a project can sometimes feel like the plot of a Final Destination movie. No matter how much you prepare for it, disaster is always right around the corner. Anything can - and often does - go wrong during a project.

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Sample Project Plan For Your Next Project

ProjectManager.com

There are many steps that are taken just to get a project approved. The project has to have a goal and then a criteria for defining its success. But once you’ve sold the project with a strong business case and presentation to your stakeholders, the fun really begins. That’s because now comes the planning. Ideas are great, but without a practical roadmap detailing how you’ll get from concept to creation you’re just spinning your wheels.

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5 Resource Planning Tips for Project Managers

LiquidPlanner

Anyone that manages a team knows that organization and an efficient workflow are critical to effectively allocating your talent, meeting deadlines, and getting everything done on time and under budget. The problem is that most employees and team members spend much of their time in meetings, answering emails, and getting stuck on various other distractions and interruptions that can strain their attention and focus, especially as different initiatives and interests fight for priority.

Planning 117
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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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Technology Challenges

The Lazy Project Manager

Now that you know you are in the ‘VUCA’ world can technology help in any way? The VUCA world challenges an organisation by: Presenting boundaries for planning and policy management. Confounding the ability to make decisions in an accurate, relevant and timely manner. Confusing the recognition of issues that impact, as well as the consequences of such issues and any associated actions, along with their variables.

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How to Reduce Issues in Scope Management

Project Risk Coach

In this article, I will share three primary issues in scope management–not including all the work, gold plating, and poor alignment with objectives and goals. And, we'll look at solutions for each. First, let's examine what scope management includes. "Project Scope Management includes the processes to ensure that the project includes all the work required, and only the work required, to complete the project successfully.

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What we want from project management tools in 2020

Rebel’s Guide to PM

I don’t often wear a watch, but when I do it’s a very unassuming watch with real hands. Not a smart watch. I’ve been a little bit in awe at colleagues who get WhatsApp messages on the wrists. I’m not sure if I would want that, but I do love the simplicity of it. And then I log into my PM software and suddenly that simplicity that exists elsewhere disappears… Here are my wishes for the PM software industry for 2020. 1.

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Job done?

Musings on Project Management

Agile Principle 5: Build projects around motivated individuals. Give them the environment and support they need, and trust them to get the job done. Trust them to get the job done. What job? Is it the job described in the business plan and in subsequent project plans, albeit lean plans consistent with the Agile Manifesto? Is it the job that has been estimated and scheduled?

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The Big Payoff of Application Analytics

Outdated or absent analytics won’t cut it in today’s data-driven applications – not for your end users, your development team, or your business. That’s what drove the five companies in this e-book to change their approach to analytics. Download this e-book to learn about the unique problems each company faced and how they achieved huge returns beyond expectation by embedding analytics into applications.

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The 10 Project Management Knowledge Areas (PMBOK)

ProjectManager.com

What do you need to know to succeed at project management? Everything! While there’s some truth to that joke, it’s not helpful to the student or the experienced professional who is looking for a way to understand the myriad responsibilities of being a project manager. The vast range of project management tools , terms, skills and knowledge that are within its discipline can be intimidating.

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21 Sprint Retrospective Anti-Patterns

Scrum.org

TL; DR: Sprint Retrospective Anti-Patterns. What event could better embody Scrum’s principle of empiricism than the Sprint Retrospective? I assume all peers agree that even the simplest retrospective—if only held regularly—is far more useful than having a fancy one once in a while, not to mention having none at all. Moreover, there is always room for improvement.

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Are you living in a VUCA world?

The Lazy Project Manager

Do you recognise this? Is your business life ‘Volatile – Uncertain – Complex – Ambiguous’? Well don’t panic, you are certainly not alone, but you should accept that you are part the ‘VUCA’ world today! VUCA is an acronym originally used by the American Military. It was the response of the US Army War College to the collapse of the USSR in the early 1990s when, suddenly, there was no longer the only enemy, resulting in a need for new ways of seeing and reacting.

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How to Develop a Resource Management Plan

Project Risk Coach

How is it that some coaches, leaders, and yes even project managers can take a rag-tag group and shape them into a high-performing team? How do these individuals secure the physical resources? It’s not an accident. It starts with a resource management plan. What is a Resource Management Plan? The resource management plan is "the component of the project management plan that provides guidance on how project resources should be categorized, allocated, managed, and released.

Planning 220
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How to Stay Competitive in the Evolving State of Martech

Marketing technology is essential for B2B marketers to stay competitive in a rapidly changing digital landscape — and with 53% of marketers experiencing legacy technology issues and limitations, they’re researching innovations to expand and refine their technology stacks. To help practitioners keep up with the rapidly evolving martech landscape, this special report will discuss: How practitioners are integrating technologies and systems to encourage information-sharing between departments and pr

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How to Plan for Next Year

Rebel’s Guide to PM

In this short video, I talk about several things that are important to make sure 2020 gets off to a great start for you. We talk about: career goals planning for annual reviews setting boundaries for work life balance, and finding out when your projects are due to complete so you can make the best plans for the coming 12 months. None of this is rocket science.

Planning 349
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Small is beautiful for product backlog items

Kiron Bondale

One of the reasons for having small work items at the top of a product backlog is so the team is able to complete them within a short amount of time. This benefit applies regardless of whether your team is using an iteration-based delivery approach or has adopted a lean continuous flow-based approach. But what are some of the other benefits of having small work items?

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How to Make an Action Plan (Example Included)

ProjectManager.com

Whether at home or at work, we all have goals. And to get there, we need action plans to get us started and keep us productive. What Is an Action Plan? What is an action plan? Generally, it’s a proposed strategy or course or action. Specifically, in project management, it’s a document that lists the steps needed to achieve a goal. That is, an action plan clarifies what resources you’ll need to reach that goal, makes a timeline for the tasks to get to that goal and determines wh

Planning 452
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Agile Transformation with Liberating Structures

Scrum.org

Liberating Structures are a very popular toolkit for Scrum Masters these days. Conferences, trainings and meetings make heavy use of them. Of course Liberating Structures also find their way into the Scrum events, for very good reasons. You will instantly notice something very positive when you start using Liberating Structures when working with a group of people.

Agile 169
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From Complexity to Clarity: Strategies for Effective Compliance and Security Measures

Speaker: Erika R. Bales, Esq.

When we talk about “compliance and security," most companies want to ensure that steps are being taken to protect what they value most – people, data, real or personal property, intellectual property, digital assets, or any other number of other things - and it’s more important than ever that safeguards are in place. Let’s step back and focus on the idea that no matter how complicated the compliance and security regime, it should be able to be distilled down to a checklist.