May, 2023

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Five Reasons Why AI is Not a Replacement for Project Managers [It is a tool].

Green Project Management

AI is one of the most talked about advancements, and everyone has an opinion on the future. Today, I want to dive in on what has been on my mind regarding the role of Artificial Intelligence (AI) in project management. There’s been heaps of buzz around AI taking over jobs across various industries, and project […] The post Five Reasons Why AI is Not a Replacement for Project Managers [It is a tool]. appeared first on Driving Sustainable Change.

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The Evolution of Project Management

The IIL Blog

By Harold Kerzner, Ph.D., and Cynthia Snyder Dionisio, MBA, PMP We have all attended project management workshops, conferences, and symposiums. We have read books and journal articles on various project management topics. What we ended up learning was about the present state-of-the-art of project management and what the future might look like. But sometimes, it is nice to reminisce about the past and see some of the major changes that have gotten us to where we are today in project management.

Aerospace 147
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Killing a Major Project is Hard

MPUG

Introduction This article is a follow-up to an article that I published last fall ( Killing a Project ) that discusses what to do when pulling the plug or canceling a project, regardless of its size. Now I am going to concentrate on how to pull the plug on major projects, which is a difficult decision requiring complicated and objective evaluations.

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10 Reasons Why Teamwork Matters in Project Management

Rebel’s Guide to PM

We know instinctively that it’s worth working together to get projects done. But when you have to convince others of the benefits of working together… well, it’s not always easy. Here are some clear and compelling reasons why it’s important to collaborate on projects. Teamwork makes the dream work isn’t just a corny saying!

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Your Guide To Transitioning Into Product Management: Essentials For New PMs

Speaker: Leslie Grandy, Product Executive & Drew Weaver, Senior Program Manager

Are you considering a shift to product management or just starting your journey as a Product Manager? Join Leslie Grandy and Drew Weaver for an insightful webinar designed to help you seamlessly transition into this dynamic role. Whether you're looking to pivot your career or enhance your existing skills, this session will equip you with the knowledge and tools to succeed!

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Types of Risks In Project Management – Are All Risks Equal?

WorkOtter

Risks are common in business. These risks carry uncertainties which pose potential threats to the financial health of the organization. Projects help the business reach objectives and goals, and with each project comes its own set of risks. Fortunately, with some savvy risk analysis, you can avoid costly risks and take advantage of exciting opportunities.

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Project Management Budget Tracker: Tips and Tricks to Use

nTask

Project Management Budget Tracker is a crucial tool for any project manager to keep track of expenses and ensure that the project stays within budget. The Budget Tracker helps managers to stay on top of costs and allows them to make informed decisions about where to allocate resources.

Budget 158
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Comprehensive Comparison of Project Management and Portfolio Project Management

LiquidPlanner

Both project (PM) and portfolio management (PPM) are core processes for driving growth in many businesses – large and small. While it’s easy to confuse the two, they serve very different purposes. So what exactly is PM and PPM, and what are the key differences between the two processes? Project Management vs Portfolio Project Management One of the best ways to visualize the difference between PM and PPM is to put yourself at sea on a boat.

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A Compact Guide To Security Project Management

Tactical Project Management

In today's fast-paced business environment, security project management has become increasingly important. The ability to manage security projects effectively can make the difference between success and failure, not only in terms of protecting sensitive information but also in terms of maintaining business continuity. This compact guide provides an overview of the key principles of security project management, including risk assessment, project planning, execution, monitoring, and evaluation.

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Managing Strategic Projects and the Goldilocks Rule

The Strategic Project Manager

The Goldilocks Rule codifies an interesting phenomenon – and how we can leverage it. This post explores what it is, and how it applies in so many areas of endeavor. The focus is on how it applies to us personally, how it applies to strategy, and how it applies to project management. What Is the Goldilocks Rule? The Goldilocks Rule is derived from the story in American literature of “ Goldilocks and the Three Bears “ In the story, Goldilocks tested the porridge, chairs, and the

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Don’t Get Left Behind: Leveraging Modern Product Management Across the Organization

Speaker: Kat Conner

The challenge of delivering the right product at the right time while aligning with strategic objectives is more pressing than ever. Product management is evolving and gaining greater recognition as the means to creating this connection. Join our upcoming webinar and learn how to streamline your product development processes, infuse product thinking across the organization, and bridge the gap between vision and delivery.

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Organizational Process Assets: What does that even mean?

Rebel’s Guide to PM

Project managers are often faced with the challenge of managing complex projects and ensuring that they stay on track. One key tool to success is understanding how to use organizational process assets effectively. But what is an organizational process asset (OPA)? I’ll confess: when I started out as a project manager, this was a piece of jargon that honestly didn’t mean much at all?

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The Sustainable Project Management Principle of Social and Ecological Equity

Green Project Management

This is the 5th installment in our series on Sustainable Project Management Principles. As project managers, it’s crucial to consider the social and ecological equity principle when planning and executing projects in ecologically sensitive areas and centers of population. [In 2023, this essentially means on earth]. Social and ecological equity refers to the fair distribution […] The post The Sustainable Project Management Principle of Social and Ecological Equity appeared first on Dr

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How to Track Resource Availability In Project Management

ProjectManager.com

Projects are planned and scheduled, but that’s just the preamble to the real work. Executing projects to meet deadlines without overspending the budget requires a project manager to understand resource availability. It’s part of the larger process of resource management. Resources are anything used to deliver project tasks including materials, equipment, labor and more.

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Applying the heuristics of “How Big Things Get Done” to adaptive delivery

Kiron Bondale

I read a number of project leadership books each year but usually I find only one or two which really make an impact. Professor Bent Flyvbjerg and Dan Gardner ‘s book “ How Big Things Get Done ” is one of the latter. I have never had the opportunity to lead a megaproject (the term is typically used for those with a budget in excess of $1 billion), but over the last fifteen years I have read a number of the articles published by Prof.

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The Project Clinic: Assessing Project Health, Planning, and Execution

Speaker: Ketan Jahagirdar

Picture your projects as patients, each with its own unique rhythm and pulse, thriving under your care 🥼 🩺 Step into the role of an innovative project doctor in our upcoming webinar! This session is your guide to evaluating the health of your projects through Waterfall and Agile practices like Scrum and Kanban. We’ll explore the vital signs of project success through the lens of the “iron triangle” metrics, using deliverables as tracers.

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How Poor Facilitation Of The Scrum Events Can Cause Zombie Scrum

Scrum.org

In the past years, Johannes Schartau, Christiaan Verwijs, and I wrote many articles on Zombie Scrum. Heck, we even wrote a complete Zombie Scrum Survival Guide ! I’d like to believe that since our book, Zombie Scrum completely disappeared. That it’s something we can now all laugh about and has become this silly way of working we only know from the dark old days.

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5 Reasons to Study the Standard for Risk Management

Project Risk Coach

Project management standards matter because they provide consistency and predictability. They help us avoid confusion, mistakes, and chaos. In this article, we will explore five benefits of studying PMI's Standard for Risk Management in Portfolios, Programs, and Projects. 1. Improve project success rates Effective risk management is critical to the success of any project, program, or portfolio.

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What to do when you’ve got too much work

Rebel’s Guide to PM

Do you get to the end of the week and wonder what you’ve spent the days on? Your To Do list on a Friday might not look that much different to how it did on Monday, and yet you’ve barely had time to grab a coffee because you just haven’t stopped. You’ve got so many balls in the air. However, juggling will only get you so far. There are strategies you can use to help you streamline your projects and combine work across stakeholders and teams.

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Project Risk Management: Strategies for Identifying, Assessing, and Managing Risks

LiquidPlanner

Even the best-laid plans aren’t immune to disruption. That’s why effective project management should go beyond theory, and expand to include risk factors – both internal and external. A practical project risk management strategy accounts for team member miscommunications and mistakes, scope creep and shifting client expectations, and any technical difficulties along the way.

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Leading the Development of Profitable and Sustainable Products

Speaker: Jason Tanner

While growth of software-enabled solutions generates momentum, growth alone is not enough to ensure sustainability. The probability of success dramatically improves with early planning for profitability. A sustainable business model contains a system of interrelated choices made not once but over time. Join this webinar for an iterative approach to ensuring solution, economic and relationship sustainability.

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How to Control Schedule Conflict in Project Management

ProjectManager.com

The last thing a project manager wants is a schedule conflict. But a scheduling conflict is an eventuality in project management. While it’s the project manager’s job to ensure that the workflow is unobstructed, it’s also their responsibility to resolve scheduling conflicts when they arise—a problem that’s unavoidable. Before you can control a scheduling conflict, you have to understand what it is.

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5 Features that Make nTask the Best Multiple Project Planner around

nTask

Businesses often have multiple projects that need to be managed at the same time. Managing multiple projects can be very challenging and is made more difficult when each project involves a different team, timeline and deliverables.

Planning 141
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How to improve cross-functionality within your team?

Scrum.org

Teams are more effective when they learn how to effectively combine their skills to complete a shared task. This is the essence of cross-functionality. Cross-functional teams are defined as consisting of members with different functional backgrounds ( Keller, 2001 ). The presence of different skills in teams creates opportunities for organizational ambidexterity.

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How to Use Machine Learning in Project Estimating, Scheduling, & Planning

Online PM Courses

Machine learning is one form of Artificial Intelligence. And it is starting to be used in project estimating, scheduling, and planning. The post How to Use Machine Learning in Project Estimating, Scheduling, & Planning appeared first on OnlinePMCourses.

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Toward a Unified Project Management Understanding

The objective of this research is to dispel misunderstandings about crucial project management terms and their definitions. It aims to accurately place these terms and facilitate a comprehensive global understanding of their meanings.

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How to Thrive in the Multi-Project Workplace

Rebel’s Guide to PM

Around a third of the gross domestic product (GDP) in the average Western economy is a result of project activity so it is unsurprising that organizations do so many projects. They are the way strategy gets delivered, and in what PMI calls the ‘ project economy ’, it’s likely that organizations will continue to deliver work through the structure of projects.

Finance 463
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Impact of Resource Constraints on Project Delivery and How to Overcome Them

LiquidPlanner

Resources, in project management terms, are the people, supplies or equipment needed to get tasks completed. Constraints are boundaries or challenges put on those resources because they aren’t unlimited. For example, if your project aims to roll out hands-on training to 3,000 factory workers about how to safely use a new piece of equipment, then you are constrained by how many trainers and pieces of demo equipment are available.

Estimate 142
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What Is an Operating Budget? Key Components & Template Included

ProjectManager.com

An operating budget is a tool that helps business owners and project managers alike to look at the long-term financial needs of their organization or project. It’s instrumental in forecasting the budget needed to run your business or project. That alone should make you want to understand the definition and reasons to use an operating budget. We’ll explain that and go into what should be included in your operating budget.

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Transform Your Project Planning with ChatGPT: A How-To with Examples

MPUG

Introduction I’m sure by now you have heard the buzz, there is a new AI in town! A new chatbot has exploded on the scene, and the hype is like no other. But for die-hard followers of MPUG, you’ve read about project chatbots years ago here on MPUG: Rise of the Project Bots. In that article, I explored what a project bot would look like, and the implications of such a tool for Microsoft Project planners and all planners alike.

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Navigating the Future: Generative AI, Application Analytics, and Data

Generative AI is upending the way product developers & end-users alike are interacting with data. Despite the potential of AI, many are left with questions about the future of product development: How will AI impact my business and contribute to its success? What can product managers and developers expect in the future with the widespread adoption of AI?