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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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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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.

More Trending

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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.

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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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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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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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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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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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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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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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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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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.

Budget 301
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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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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.

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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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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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5 Ways to level up your Jira roadmaps

Rebel’s Guide to PM

Are you struggling to get your Jira roadmap in a state where you’d be prepared to share it with other people? Or perhaps it’s just taking too long to duplicate the effort and get the data in a format that people can actually see? And by the time they see it, the data is already out of date… You’re not alone. The Jira roadmapping functionality built into the tool is great but it doesn’t always give you the results you need.

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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.

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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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What Does Being a Cross-Functional Team in Scrum Mean?

Scrum.org

A central feature of the Scrum framework is the concept of a cross-functional team. But what exactly is cross-functionality, and how is it beneficial? Let's explore this topic in an agile software development context. Traditional project management approaches often organize teams based on specialized roles and responsibilities. You have developers who write code, testers who ensure quality, designers who create user interfaces, etc.

SCRUM 200
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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.