September, 2022

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What Are Task Dependencies in Project Management?

ProjectManager.com

Projects are made up of many tasks which are mapped out on a project schedule so they can be executed in a timely and organized manner. One of the most important steps when creating a project schedule is to identify task dependencies, as they’re critical for time and task management. What Are Task Dependencies in Project Management? Task dependencies are the interrelations that exist between project activities.

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Are your project team members “quiet quitting”?

Kiron Bondale

While the phrase “quiet quitting” might have been popularized recently, the behavior has been with us for a long time. For those of us who are Seinfeld fans, you’ll remember the many creative ways in which George Costanza would do either no work or the absolute bare minimum to avoid getting fired. When we are considering operational work, quiet quitting is putting in the least effort to perform the standard responsibilities of one’s role such that required performance mea

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Engaging Stakeholders with Gamification [video]

Rebel’s Guide to PM

In this video Elizabeth Harrin discusses how merging engagement and gamification creates engagification, a methodology to help people take action on projects. Watch the video to listen (about 30 minutes). If you prefer to read, there are closed captions in the video or there’s also a transcript underneath the video. Transcript. Hello, everybody. My name is Elizabeth Harrin.

PMO 420
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What is a Program in Project Management?

Rebel’s Guide to PM

The definition of a program. What is a program in project management terms? Here’s a definition. A program is a set of related projects and activities, managed in a coordinated fashion and under a structure that allows for the delivery of outcomes and benefits. In other words, it’s a bunch of projects being managed together. What’s the point of a program in project management?

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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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Why Deadlines Promote Procrastination

Inloox

Deadlines play a central role in the project context. They ensure that tasks are completed on time so that subsequent tasks can start according to plan and the project is completed by the agreed deadline. A lack of deadlines can lead to chaos, as coordination of tasks and processes becomes almost impossible. Setting deadlines is a useful tool in project management that gives a certain degree of structure.

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How to Measure Project Profitability

ProjectManager.com

As projects are all about the bottom line, you can imagine the importance of project profitability in project management. Being able to determine beforehand whether a project will turn a profit is how organizations can decide which projects to initiate and which ones to skip. But what exactly is profit profitability and how does it relate to professional services teams, consultants, CFOs and accountants?

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The What, Why, & How of Risk Appetite

Project Risk Coach

A project manager makes decisions based on their risk perspective. That is to say, he or she perceives the organization and stakeholders’ desires and seeks to fulfill them. However, the project manager may miss the mark. Why? Misunderstanding of the stakeholders’ risk appetite. In this article, let's explore the what, why, and how of project risk appetite.

Risk 195
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Retrospective First Principles

Scrum.org

TL; DR: Retrospective First Principles. What is your take on the Retrospective: A routine exercise at the end of a Sprint, supported by standard operating procedures? Or a critical part of a Scrum team’s journey of continuous improvement? As you may assume, I advocate for the latter. In my experience, Scrum teams start utilizing Retrospectives to their full potential when they embrace a short set of Retrospective first principles, outlining the essence of the Why, the What, and the How.

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5 Simple Reasons Why Processes Don’t Work

Rebel’s Guide to PM

I bet you have plenty of project management processes, don’t you? One for risk, one for escalations, one for changes, issues, new project kick-off, closure, logging dependencies… the list goes on and on. We couldn’t work without them. But they don’t always work. The bottom line is this: having processes doesn’t guarantee that your project will be any better than if you didn’t have them.

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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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How to build the best project team: The 4 key features

Inloox

What makes a good project team? At the beginning of each project, the project manager has to put together a suitable project team. For this purpose, the requirements of the respective project are usually evaluated. To meet these requirements, certain project-specific skills are needed. The project team is then put together according to these skills.

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How to Improve Demand Planning

LiquidPlanner

There is a consensus among leaders and managers – supply chain problems are enormous, causing steep expense increases, loss of business opportunity, and customer frustrations. The pandemic has exacerbated this problem, and uncertainty and change seem to be the only sure things. At first, we experienced shortages due to the lack of material, like wood for paper towels and toilet paper, which led to hoarding.

Planning 165
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How to Write a Business Requirements Document (BRD)

ProjectManager.com

It’s easy to get lost in the weeds when you’re managing a project. There are day-to-day operations that the project manager obsesses over, but they also need to see the big picture. That’s why a business requirements document is so important. To prove this point, let’s define what a business requirements document (BRD) is and what its components are.

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PMI-RMP® Training for the New Exam

Project Risk Coach

On April 1, 2022, the Project Management Institute (PMI®) rolled out the new PMI-RMP® exam. In this article, let's examine why the new PMI® Standards matter and what to look for in your PMI-RMP® training. New PMI® Standards The new PMI-RMP® Exam Content Outline and Specifications (March 2022) includes Reference Materials. And the Reference Materials include two new PMI® Standards: The Standard for Project Management (found in the PMBOK® Guide, Seventh Edition 2021 ) The Standard for Risk Managem

PMI 221
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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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4 Einsichten in Scrum und Facilitation, die dir bei der PSFS-Prüfung helfen

Scrum.org

Im August hat Scrum.org ein neues Assessment zusammen mit einem neuen Kurs veröffentlicht. Das Professional-Scrum-Facilitation-Skills-Assessment (PSFS) hilft dir, dein Facilitation-Wissen zu evaluieren. Ich habe bei der Vorbereitung mitgewirkt und kann deshalb wertvolle Einsichten in Scrum und die Facilitation mit dir teilen. Wenn du vorhast, dich an die Prüfung zu wagen, dann lies weiter. . .

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Book review: Risk Happens

Rebel’s Guide to PM

Mike Clayton. Mike Clayton defines risk as “uncertain events that can affect outcomes,” in his book, Risk Happens!: Managing Risk and Avoiding Failure in Business Projects. Risk management is the most important of your project controls. It enables you to manage the project more effectively and work towards a smooth outcome. So what exactly is project risk management?

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8 Best Workplace Management Tools of 2022

nTask

To be super successful, your organization must be efficient, agile, and productive as well as put an emphasis over managing the internal processes that involve your most essential asset – your employees. High performing employees empower the organization to find their true potential and maximize the profitability. With the rapid and modern digital transformation of […].

2022 158
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How to Manage Competing Priorities

LiquidPlanner

There are peaks and troughs in every workload, but when you’re struggling to keep all the balls in the air, how do you manage competing priorities? There is some truth in the saying that when everything seems important, nothing truly is. . I’ve had many times in my career where each of my project sponsors believes their work is the priority. Often I’ve ended up having a day where I’ve worked for the person who made the most noise about deadlines instead of on something strategic.

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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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RICE Framework for Prioritization in Product Management

ProjectManager.com

What are you going to put on your product roadmap? It’s not an easy question. Which product gets the green light? What features need priority? The RICE framework provides a scoring model for product managers when prioritizing roadmaps. RICE is an acronym that stands for reach, impact, confidence and effort. Read on to learn how these words can help with product management and determine what are the pros and cons of using a RICE framework for prioritization.

Estimate 313
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Who Is Responsible in Agile Transformation?

Leading Agile

If you want to be successful at Agile Transformation —especially at scale—you’ll need more than Agile Coaches teaching your teams the ceremonies of Scrum or how to do SAFe and LeSS. Why? Because the #1 reason Agile Transformations fail in large organizations is that they aren’t set up with the right underlying ecosystem for Agile to work within in the first place. .

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The Three — Wait: Four — Elements of Empiricism

Scrum.org

TL; DR: Elements of Empiricism. In its theory section, the Scrum Guide refers to the three elements of empiricism: transparency, inspection, and adaptation. However, a fourth element, foundational to enable empiricism, is hidden in a sentence on Scrum Values. Read on and learn more about the complete picture of Scrum’s empiricism. ???? Zur deutschsprachigen Version des Artikels: Die 4 Säulen der Scrum Empirie. ??

2020 195
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How to Get Ready for Next Week

Rebel’s Guide to PM

Sunday nights in this house are a buzz of activity. For me. Everyone else seems chilled out after the weekend. On a typical Sunday I spend the evening making sure my outfit is planned for the morning, packing my laptop bag, preparing snacks, and finding my train ticket. That’s just work related tasks to get ready for next week. Then there’s the other getting-ready-for-the-week stuff like meal planning for the week ahead, online shopping and checking whose birthday we have forgotten so I can apol

Energy 372
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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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What is T-shirt Sizing? | Video

Online PM Courses

T-shirt sizing has become a popular method for estimating in agile projects. So, I answer the question, what is T-shirt Sizing? The post What is T-shirt Sizing? | Video appeared first on OnlinePMCourses.

Estimate 124
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29 Agile Methodology Statistics and Trends for 2022

TrustRadius Project Management

Every organization knows the feeling of trying to find better, more efficient ways of creating their product or service. Agile development is a relatively young workflow methodology. At the start of the millennium, software devs pioneered the development of agile, and here we are. Since its inception, agile has seen incredible adoption across the business world, especially in tech sectors.

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10 Essential Excel Report Templates

ProjectManager.com

Planning a project only gets you so far. You also have to monitor your progress and performance to track if you’re on schedule and within budget. Then there are your stakeholders whose expectations must be managed. That’s where Excel report templates come in. Project reports are tools that project managers use to extract valuable project data. Excel report templates are a great tool to determine how you’re doing and keep your stakeholders updated.

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How to Collect Requirements (as a Project Manager)

PM Basics

As a project manager , you should facilitate and organize the efforts to collect requirements. However, from time to time you may need to write requirements yourself. So, below I’ll explain everything a project manager needs to know about collecting project requirements. Collect requirements is the process of identifying, documenting, and controlling changes to the project requirements.

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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.