March, 2021

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What is the Management Reserve for Project Budgets?

Project Risk Coach

Have you ever run out of money for a project? Unforeseen risks knock at your door. You look at your budget, but you don't have the funds to respond to these risks. Let's explore management reserves for projects, who controls them, and how to estimate the reserves. There is a better way to handle the unexpected. You can – assuming that your organization supports the concept of reserves – create a management reserve.

Budget 284
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9 Types of Artifacts in Project Management

Rebel’s Guide to PM

In this article we’ll look at the types of artifacts in project management, typical documents for each type. There’s also a checklist of project artifacts by phase at the end, which you can use as an aide-memoire for creating your own documentation. What is an artifact? An artifact is something you create. In project management, artifacts relate to documents: the project documentation you produce that defines and supports the work you are doing.

Logistics 511
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How to Make & Maintain a Project List

ProjectManager.com

A project list is the starting point for any project management process. They’re a great way to take what seems an insurmountable amount of disparate tasks and organize them. A project list can be as simple as a to-do list or a corral for many projects. Using a project list is so important it’s worth taking a moment to explore what it is, how to create one and how it fits into managing your project with project management software tools.

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One Year on Terra Firma

The Lazy Project Manager

It was (and I still can’t quite believe this) one year ago that I last stepped off a plane after a visit to Geneva and Zurich to deliver a series of presentations and workshops for CERN and PMI Switzerland. At approximately (this is flying after all, and Heathrow) 5:25pm GMT I walked off a plane without a clue as to what was about to happen (and I expect not alone in that either).

PMO 298
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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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Most Common Project Management Roadblocks to Avoid for Better Outcomes

Project Bliss

This is a guest post by Shree Krupa. Project managers do a lot of firefighting. Every day, project managers are putting out fires, both internally within the team and externally with clients. They juggle multiple tasks, manage stakeholders’ expectations, and navigate tricky situations. The road they tread on every day is never smooth. They constantly need to overcome several roadblocks to ensure that the project stays within the agreed constraints of time, scope, and budget.

More Trending

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How to Make Better, Faster Decisions

Project Risk Coach

Our projects are the sum total of all the decisions we’ve made – budget decisions, schedule decisions, scope decisions, requirements, selection of team members, and the list goes on. My goal today is to help you make better project decisions. Here’s why – project managers and teams who make better decisions improve their chance for success. Think about how hard it is for you to make decisions alone.

Budget 397
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AI in Project Management: An Interview with Lloyd Skinner

Rebel’s Guide to PM

Lloyd Skinner. Where is artificial intelligence taking project management? AI has turned up in the project management trends articles over the past few years and it’s now most definitely here to stay. I caught up with Lloyd Skinner, CEO at Greyfly , a consultancy specializing in improving project outcomes through the application of AI tools and experienced professionals, to talk about how AI is changing the way we lead projects.

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Project Brief Template

ProjectManager.com

Whether you’re starting to work on a project plan or need to explain the project in broad terms to your stakeholders, you need a project brief to define all the main points. It’s the best way to inform and communicate the project summary. Get a head start on your project brief by downloading our free project brief template—all you’ll need to do is fill in the details.

Estimate 372
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Tips for the temporary project manager

Kiron Bondale

The happy path for a project manager is shepherding their project’s delivery from start to finish. Just like raising one’s own child to the point where they have become an independent adult, there is a sense of accomplishment which you only get from having been there at the beginning and witnessing the successes at the end. But as with all journeys, there are exceptions.

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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 Handle Negative Emotions at Work so You’re Always Calm Under Pressure

Project Bliss

Knowing how to handle emotions at work can help you navigate tough situations. Humans are emotional creatures and embracing emotions as a part of daily life can help better you perform better when things get tough. Emotions are part of human nature, and they serve a purpose. Emotions can move you to action. They help you make decisions quickly without having to spend a lot of time thinking.

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Scrum Master Interview Questions (4): From Metrics to Kicking off Scrum to Scrum Anti-Patterns

Scrum.org

Some time ago, someone on Reddit asked whether there would be any other profession that requires attending a 2-day training class and would then pay as well as a Scrum Master job. This attitude is precisely why the 47 Scrum Master Interview Guide exists: Prevent imposters from slipping through the hiring process and causing damage. If you are looking to fill a position for a Scrum Master (or agile coach) in your organization, you may find the following 47 interview questions useful to identify t

SCRUM 226
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How to Manage Stakeholder Conflict

Project Risk Coach

Project managers encounter conflict regularly over schedules, project priorities, human resources, requirements, and technical opinions, to name a few. Individuals, groups, and organizations have different opinions, sometimes strong opinions. These conflicts may surface internally, as well as externally. I once managed a project where the organization wanted to create a customer service representative (CSR) position for 158 remote locations.

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9 Essential Project Management Competencies

Rebel’s Guide to PM

Project Management Rebels is a teaching-led group mentoring programme. It’s a library of curated resources with something new added each month. There are dozens of training videos at your fingertips from Day 1. It is open for enrolment through 16 April. Join today ! We’re almost through Quarter 1 and you’re thinking what a great year it’s been so far at work.

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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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How to Create a Small Business Plan: A Quick Guide

ProjectManager.com

All businesses experience change. These changes mean that small businesses need a structured plan to navigate their growth while staying on track to achieve long-term goals and objectives. This is where a small business plan comes in. Creating a thorough business plan that outlines a small business can seem like daunting work. In reality, the job can be done using common project planning methods and tools.

Planning 395
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What’s The Difference Between Iterative And Incremental Development?

The Digital Project Manager

The post What’s The Difference Between Iterative And Incremental Development? appeared first on The Digital Project Manager.

Agile 238
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How Women Project Managers Deal with Challenges

Ganttic

The past century has brought so many positive changes to women. From worldwide suffragette movements bringing the vote. To cultural shifts that got women out of the home and into the workplace. We see more women in positions of power - in politics, in technology, and in the business world. For example, Ganttic’s home country of Estonia is currently led by women.

2003 158
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YDS: Where Does Quality Assurance (QA) Fit on a Scrum Team?

Scrum.org

On today’s episode of YOUR DAILY SCRUM: Where Does Quality Assurance (QA) Fit on a Scrum Team? We get this question pretty often, especially when speaking at conferences: "I'm a tester or quality assurance (QA) specialist at a company that just adopted Scrum. Am I now out of a job?" The quick answer is: Of course not, but there are likely some changes coming your way.

SCRUM 244
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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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Who Approves Your Project Change Requests?

Project Risk Coach

Who approves your project change requests? On one project, the sponsor tells the project manager to make the decisions. On other projects, the sponsor makes the decisions. And yet, in other cases, senior management gets involved. Your project may morph into a two-headed monster without an integrated change control process, resulting in adverse impacts to schedule, cost, and scope.

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Project Communication on a Budget

Rebel’s Guide to PM

How do you manage to communicate about your project with virtually no marketing budget? This was a question someone asked me after my presentation on how to market your project at a PMI PMXPO event. We don’t all have big budgets to produce banners, T-shirts and mugs with logos on to share the messages about our projects. You do? Oh, good for you. Go and read this about the collaboration software you can use on your projects.

Budget 434
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Construction Daily Report Template

ProjectManager.com

Construction worksites are a busy place, and everything that happens on one needs to be detailed and recorded daily. These reports need to be thorough and accurate to give a consistent record of all that took place each and every day of the project. The best way to make sure you log all these activities is by using our free construction daily report template.

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Step By Step Guide To Effective Marketing Planning Process

nTask

Creating a marketing plan demands hard work, acute attention, and undivided time. Understanding the fundamentals of the Marketing planning process makes it easier for professionals to come up with a robust marketing plan. Marketing is not only about putting ads or sending mass marketing emails. The success of marketing depends on the development of an efficient marketing plan, created via a strategic marketing planning process.

Process 137
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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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10 Best Project Management Software With Client Portals

The Digital Project Manager

The post 10 Best Project Management Software With Client Portals appeared first on The Digital Project Manager.

Software 195
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YDS: How Does a Scrum Team Handle Unexpected Work?

Scrum.org

On today’s episode of YOUR DAILY SCRUM: How does a Scrum Team handle unexpected work? Today's question asks Todd and Ryan to weigh how a Scrum Team should handle unplanned/unexpected work during a Sprint. Todd cut straight to the point and wants teams to remove the need for work. Ryan and Todd both believe that asking if such work needs to be done in the first place is also important.

SCRUM 240
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Encapsulation of Value

Leading Agile

Agile transformations are hard. Creating an ecosystem where teams with the appropriate skills and resources are able to organize around a well-prioritized backlog to build working, tested product sounds simple but can quickly become mired in the nuances and details that manifest as all sorts of complexities in product development organizations. Those organizations that invest the blood, sweat, tears (and money!

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What is a Model in Project Management?

Rebel’s Guide to PM

A model in project management is a way of looking at the world. It’s a simplified version of how things work, used to give you a general overview and a direction to follow for your own work. Project Management Models in the PMBOK® Guide. The PMBOK® Guide 7 th Edition talks about models as a way of helping project managers understand what is already out there that they can use in their own work.*.

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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.