December, 2023

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The Art of Mastering Project Surprises: Easy Strategies for Managing Unplanned Work

Traxidy

The Art of Mastering Project Surprises: Easy Strategies for Managing Unplanned Work By: Steve McBroom, Founder, Traxidy (Click to follow me on LinkedIn) In this post, we will review the importance of working through project issues and the associated unplanned project tasks, as they arise, and provide effective strategies to manage them. Effective project management involves monitoring progress closely and adjusting as needed to ensure the project meets its objectives.

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How Is Artificial Intelligence Being Used in Project Management?

The IIL Blog

By Ruchi Gupta and Cyndi Snyder-Dionisio These days you can’t escape the topic of Artificial Intelligence…it has pervaded social media posts, the evening news, and everyday conversations – to a level rivaled only by the launch of the internet itself. And so, we were not at all surprised to see that at IIL’s November International Project Management Day Virtual Conference , the most attendance in any one session was at the panel discussion on, you guessed it: AI.

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The Meaning of Technical Debt in Project Management

Inloox

Technical debt in the project context The concept of "technical debt" originally comes from the field of software development. This debt arises when rapid completion is preferred to an optimal solution. The difference between the possible optimal solution and the solution actually implemented is referred to as technical debt. Finally, the project team incurs debt in the form of errors in the software that have to be paid for later.

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Layoffs? I've got a project to run

Musings on Project Management

Well, talk about cratering a schedule and resource plan!Layoffs in the middle of a project will do it for you.But wait!There may be a silver lining here:Communication complexity in and among project participants decreases as the square of participants. That could be a winnerYou may be able to select the departees.

Planning 150
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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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Charlie Munger Mental Models: Frameworks for a Strategic PM

The Strategic Project Manager

This post looks at the mental models of the late renowned investor, Charlie Munger. It describes those mental models using Charlie’s ‘checklist’, where his values intersected with his action steps. Finally, the post applies these same steps to strategy and project management, identifying similarities and differences, all to stimulate thinking as a strategic project manager.

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How Can AI Enhance Project Management?

GoSkills

These key AI applications and strategies lead to better productivity and project outcomes.

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Project Management…Words Matter

Velociteach

Words matter. Even in project management. Words can carry meaning far beyond their formal definitions. Connotation and perception can have unintended consequences. Even basic project management terms can create misunderstandings that can disrupt or derail a project. In this article, I expose some linguistic pitfalls impacting the profession. Project The Project Management Institute’s formal definition of a project is “a temporary endeavor undertaken to create a unique product, service, or result

PMI 67
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How to juggle work and study for your PMP certification

Rebel’s Guide to PM

Helena Liu Earning a project management certification is the top career goal for project managers — over 1 in 5 PMs want to get a certification. Once you leave education and enter the workforce, trying to learn new things can be a challenge. Although you have good intentions, life often gets in the way since you have many more items competing for your attention.

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How To Spot Successful Scrum Masters

Scrum.org

TL; DR: How To Spot Successful Scrum Masters In this article, I unravel the secrets of what makes a Scrum Master not just good but amazingly outstanding. From regularly achieving Sprint Goals, delivering value to customers, and building stakeholder rapport easily, discover the traits that set apart successful Scrum Masters. Moreover, we also shed light on the pitfalls to avoid if you want to keep the respect of your teammates and probably your job. ?

SCRUM 185
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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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How to Make a Construction Timesheet With Timesheet Software

ProjectManager.com

Construction sites are busy with subcontractors and other crews working on various smaller projects that will lead to the final build. One of the tasks of the general contractor is to track those work hours to manage labor costs and keep everyone paid. This is done with a construction timesheet. But do you know what a construction timesheet is and why it’s important?

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Gambling for resurrection

Musings on Project Management

Your project is in trouble.You've spent all the money and have little to show for it.There's a decision to be made: Shut it down, or take a gamble on resurrection?A gamble on resurrection is a financial theory about risk taking that posits taking on more risk or leverage in a hope that circumstances -- mostly beyond your control -- will turn favorably and bail you out.

Risk 150
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10 Emerging Project Management Trends In 2024

The IIL Blog

By Elissa Farrow, Ph.D. and Harold Kerzner, Ph.D. Introduction: Project management, is a dynamic field, continually evolving in response to changing business needs and technological advancements. Stepping into 2024, we believe that the project management trends will reflect a notable shift from traditional methodologies towards more dynamic, business-focused, and people-centric approaches.

2024 167
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LeadingAgile’s Top 10 Field Notes 2023

Leading Agile

As 2023 draws to an end, like most of you, we’ve been busy taking inventory of how it went. We had some wins, some losses, and a TON of opportunities to learn and grow. Now, we turn our attention to 2024. In preparation, we’ve been pouring over this year’s data and we were curious to know what 2023’s top performing Field Notes were.

2023 133
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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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PM PrepCast PMP Training and Exam Simulator Review (2024) + Discount Coupon Code

Rebel’s Guide to PM

Recommended The PMP PrepCast Elite PLUS $389 This complete self-directed PMP Exam course is our top pick. The Elite PLUS bundle includes the PMP training course, the PMP Exam Simulator, The Formula Guide, and The StudyCoach Guidebook, giving students a PMP Study Plan to follow. Buy Now We're pleased to be affiliates for The Project Management PrepCast #ad This article is an honest PM PrepCast review and gives you the lowdown on one of the top courses I recommend for PMP prep.

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Embracing Agile: A Developer's Journey from Tradition to Innovation

Scrum.org

Starting as a developer, my experiences were largely shaped by traditional project management practices. At companies like Merrill Lynch and a generator manufacturing firm, I found these methods to be rigid and often disconnected from the actual work we were doing. This disconnect led me to question and, ultimately, seek alternatives. My transition to Agile and DevOps wasn't immediate.

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Schedule of Values in Construction (Example & Template Included)

ProjectManager.com

Creating a schedule of values is important for the project owner, contractor and subcontractors alike. It can be used to communicate what’s needed in the project, the costs associated with the activities and the management of payments. But what is a schedule of values and why is it such an essential construction project management document? We’ll answer these questions, explain when the schedule of values is used and the benefits of using one.

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Threats and Risk: an introduction

Musings on Project Management

Daniel Miessler has an interesting essay about threats, vulnerabilities, and risks that is worth a quick read.

Risk 170
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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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Boosting Team Performance: Recognition and Feedback on Project Management Teams

The IIL Blog

By Jordan Lewis Nurturing a high-performing team is the cornerstone of success, specifically on project management teams. A well-supported team not only delivers results, but they also thrive on collaboration and continuous improvement. In this article, we’ll dive into the art of supporting team performance within the framework of project management, and we will explore strategies for recognizing hard work, fostering growth, and providing effective feedback.

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The ultimate guide to annual planning for product teams

Planio

Contrary to what most product teams have heard, annual planning isn’t just reserved for senior executives and finance teams. Instead, it’s a core part of the project and product management process. In fact, an annual product survey found that over 30% of teams plan their roadmaps a year in advance, dispelling the myth that agile teams shouldn’t waste their time planning far into the future.

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7 Examples of productivity to help you get ahead

Rebel’s Guide to PM

We all want to be productive in the office, but what does that actually mean? We often hear about ways we can work smarter and more efficiently, but without concrete examples it’s hard to know where to start. To help you get on track with your productivity goals, we’ll look at some practical examples of how you could use your time efficiently, with case studies and real-life tips.

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The Agile Journey: From Origins to Agile 2.0

Scrum.org

Since 2001, Agile has undergone a significant transformation. Initially envisioned as a way to decentralize and democratize work processes, its journey has been anything but straightforward. I've seen, firsthand, how organisations have struggled to fully embrace Agile's core principles. Often, there's a tendency to revert to hierarchical, command-and-control structures, which runs counter to the Agile ethos.

Agile 191
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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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Construction Superintendent Job Description, Responsibilities and Salary

ProjectManager.com

In construction, there are many hats or hard hats as the case may be. That’s because making a building or a structure is complicated and goes through many phases. It has to be designed by an architect and planned by a general contractor. Then, subcontractors build it and vendors are responsible for the resources. One of the most important, but less heralded positions is that of the construction superintendent.

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The True Cost of Hiring an Employee in 2024

Teamweek

Fact: Hiring costs are steep. Between employee wage and payroll taxes on one side and recruiting costs on the other, even small businesses can end up spending five figures per new employee. Ultra-low unemployment rates, coupled with an aging workforce and greater affinity for independent work, have been also driving the hiring costs up year-on-year.

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5 Tips for Making a Retrospective Meeting More Productive

NimbleWork

A retrospective meeting, often associated with agile methodologies like scrum and kanban , is a crucial opportunity for a team to reflect on their recent work and identify areas for improvement. Retrospectives should ideally be done at a regular cadence. However, what happens if your team does not find them engaging or useful. What if there is little interest in doing them?

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Episode 190 – Meta-Leadership: Integrating Thinking, Emotion, and Behavior

Velociteach

The podcast by project managers for project managers. Constance Dierickx lays out a new paradigm for leadership that offers a way to synthesize thinking, emotion, and behavior. Meta-leadership goes beyond conventional leadership attributes, emphasizing not only the possession of knowledge and skills but also a keen sense of observation and discernment.

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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.