Sat.Aug 12, 2023 - Fri.Aug 18, 2023

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5 Fab Online Resources for Project Management Certification Prep

Rebel’s Guide to PM

If you want to land a good project manager role, one of the things to consider is certification. When I did my first project management training, it was all classroom based. Fortunately, that isn’t the case any longer and if you can’t take a week off work or travel to a training center, there are plenty of online resources that will help you get ahead in your certification journey.

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Making Realistic Financial Projections for Your Small Business

The IIL Blog

By V. Lee Henson Guest Contributor: Jennifer Scott August 16, 2023 Financial projections are important. In fact, they are crucial to your survival. According to data from the IFAC , only one in three small businesses makes it to the 10-year mark. Low financial literacy, lack of financial discipline, and an inability to identify key metrics contribute to this failure.

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Contractor Management: A Key to Successful Projects

ProjectManager.com

Construction projects must be well orchestrated. There are many contractors working on various aspects of the overall project. Contractor management is a process to manage the contractors and make sure they’re doing what they need to do, when they need to do it and meeting quality standards. What Is a Contractor? In the most general sense of the word, a contractor is someone who has signed a contract that legally binds them to specific work, including labor and materials.

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Marketing project management: Everything you need to know

Planio

As much as product and marketing teams don’t always see eye-to-eye, the two departments ultimately have a symbiotic relationship. Without a good product, even the best marketing campaigns will fall flat. And without good marketing, even great products will eventually disappear into obscurity. But there’s a problem. According to a 2022 study , 40–60% of marketing budgets were wasted due to inefficiency, poor communication, and misaligned productivity tools.

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The Ultimate Guide To Data-Driven Construction: Optimize Projects, Reduce Risks, & Boost Innovation

Speaker: Donna Laquidara-Carr, PhD, LEED AP, Industry Insights Research Director at Dodge Construction Network

In today’s construction market, owners, construction managers, and contractors must navigate increasing challenges, from cost management to project delays. Fortunately, digital tools now offer valuable insights to help mitigate these risks. However, the sheer volume of tools and the complexity of leveraging their data effectively can be daunting. That’s where data-driven construction comes in.

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Project Management Principles: Ultimate Guide to the Top 5 FAQs

Online PM Courses

When PMI articulated 12 Project Management Principles in PMBOK 7, it was a new idea for PMI. But the idea itself was not a new one. The post Project Management Principles: Ultimate Guide to the Top 5 FAQs appeared first on OnlinePMCourses.

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Ultimate Guide to Digital Marketing Project Management: Best Practices, Benefits, and Helpful Templates

GanttPRO Project Management

Digital marketing projects play a significant role in the strategies of many businesses since they help tell product stories and attract new clients. Effective digital marketing project management ensures alignment […] The post Ultimate Guide to Digital Marketing Project Management: Best Practices, Benefits, and Helpful Templates first appeared on GanttPRO Project Management Blog.

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Breaking down the P5 Standard for Sustainability in Project Management: Training and Qualification

Green Project Management

Training and qualification are crucial for ongoing development and project success. At GPM, Training and Qualification is an element under the “Labor Practices and Decent Work” category in the P5 Standard, and it is an important one. According to the P5 Standard, practices for Training and qualification that project team members have the necessary skills […] The post Breaking down the P5 Standard for Sustainability in Project Management: Training and Qualification appeared fir

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15 Project Management Challenges & How to Overcome Them

ProjectManager.com

Project management is all about solving problems before they happen. That’s why you make a plan, schedule tasks and monitor the work to make sure you’re staying on track. But even the best planning isn’t going to avoid challenges throughout the project. Let’s look at 15 project management challenges and how to deal with them. 15 Project Management Challenges You Should Prepare for Here are the most common challenges project managers face in their day-to-day lives.

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Extreme Project Management XPM

ActiveCollab

> "Extreme project management is the art and science of facilitating > and managing the flow of thoughts, emotions, and interactions in a > way that produces valued outcomes under turbulent and complex > conditions: those that feature high speed, high change, high > uncertainty, and high stress." - Doug DeCarlo, author of eXtreme > Project Management > [[link] From the development of new technologies and shift in customer needs to economic conditions or some new groundbreaking ideas, several pro

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How To Align Product Management And Supply Chain Operations For Successful Product Launches

Speaker: Shalini Dinesh

Effective cross-functional collaboration and communication heavily influence product launch success. Research shows that as many as 70% of product launches fail due to inadequate coordination among stakeholders, including supply chain, product management, legal, marketing, and change control teams (Gartner, 2022). The 2023 Supply Chain Insights Report highlights that 60% of supply chain disruptions are caused by poor communication and misalignment among cross-functional teams.

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The Power of Adaptability: Why Defining Requirements Up Front Doesn't Align with Scrum

Scrum.org

In the realm of agile methodologies, Scrum stands as a guiding beacon, promoting flexibility, collaboration, and incremental progress. Central to Scrum is the delivery of value in small, usable increments. The purpose of every Sprint is to deliver a done increment that meets the Sprint goal. For this reason, defining requirements up front is not compatible with Scrum, because Scrum teams don’t deliver value in one “big bang”.

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Stability! It's a good thing

Musings on Project Management

Stability!It counts for a lot.It implies -- for behaviors and management decisions -- predictability, reliability, under-control (but not risk-free, of course), coherent narrative, steady-state goals, and a strategy that is understandable to those who have the job of implementing it.

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Project Portfolio Manager Job Description

ProjectManager.com

While there are similarities between a project manager and a project portfolio manager, they’re different positions with different responsibilities. Let’s take a look at what a project portfolio manager is, what skills and education the position requires and end with a sample job description to help you fill that position. What Is a Project Portfolio Manager?

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Impact of AI: 10 Key Industries Experiencing Dynamic Shifts

Binfire

Artificial Intelligence (AI) has been the most discussed in the technological world since its arrival. Companies worldwide use AI-based technologies to automate their operations to improve efficiency. There is a surge in demand for AI technology as it is advantageous to key industries in streamlining their operations. A statistical report by Grand View Research suggests that the worldwide market size of Artificial Intelligence (AI) is predicted to reach $ 1,811.8 billion.

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Building Your BI Strategy: How to Choose a Solution That Scales and Delivers

Speaker: Evelyn Chou

Choosing the right business intelligence (BI) platform can feel like navigating a maze of features, promises, and technical jargon. With so many options available, how can you ensure you’re making the right decision for your organization’s unique needs? 🤔 This webinar brings together expert insights to break down the complexities of BI solution vetting.

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The Peril of Adhering to Legacy Systems, Processes, and Practices

Scrum.org

TL; DR: Adherence to Legacy Systems, Processes, and Practices Administrative overreach and micromanagement in Scrum mainly arise from clinging to legacy systems and traditional (management) practices, leading to rigidity and misapplication of Agile principles. The excessive control by stakeholders and the management level stifles creativity and adaptability, disrupting planning and hindering a Scrum team’s growth.

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The Road to Responsible Collaboration: Align with the Business

The IIL Blog

By Robin Hornby August 16, 2023 Collaborative working has become something of a buzzword. Every project would claim it is their intention. But more than good intentions are needed. In this fourth article, Robin investigates the illusive issue of business alignment, an essential step towards a collaborative goal. He determines the need for techniques to align project and business objectives and explores a structure to ensure proper business communication and control.

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Meeting Planning Steps: How to Plan a Meeting

ProjectManager.com

It’s understandable why people often moan at the prospect of a meeting. They can be long and not very effective uses of one’s time. But meetings are important. They are a great way to communicate to a group and get that group working better together. To remove the stigma attached to meetings, learn meeting planning. What Is Meeting Planning? Meeting planning sets the agenda for the meeting.

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Making the Impossible Possible – Expectations, Loss, and Loss Leaders

PM Times

“It always seems impossible until it’s done.” Nelson Mandela Projects burdened by impossible objectives tend to fail, disappoint, and burnout performers. They are a sign that the decision-making process is broken. To avoid failure, make sure there is a solid understanding of the difference between possible and impossible goals and objectives and a well-thought-out […] The post Making the Impossible Possible – Expectations, Loss, and Loss Leaders appeared first on Pr

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How AI Enables Success for PMO and Strategic Portfolio Management Leaders Like You

In today’s rapidly evolving digital business landscape, Portfolio Management Offices (PMOs) and project & portfolio leaders face a multitude of complex challenges, including orchestrating enterprise change; prioritizing and executing on cross-functional investments; and the need for faster, data-driven decision-making. The exponential growth of AI and its new applications is a game-changer.

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Uncovering the Essentials of Skilled Facilitation for Agile Teams

Scrum.org

Adaptation of Kaner’s diamond model of participation (source Carrie Kappel 2019) Techniques and Training for Top Scrum Facilitation Skills Scrum is a framework that thrives on communication and collaboration. Its efficacy rests heavily on well-executed facilitation to steer teams toward their goals. Professional Scrum facilitation skills are crucial tools for effective Agile team facilitation, and these skills empower Scrum Masters and team members alike to direct conversations and decision-maki

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What Makes Fixed Indexed Annuities Stand Out in Investment Choices?

Productivity Land

Indexed Annuities operate on a simple yet innovative premise. They blend fixed and variable annuities characteristics to offer a distinctive investment avenue that has garnered attention even in allianz indexed annuities reviews. These annuities are linked to an underlying market index, enabling investors to reap rewards based on the index’s performance.

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How to Give Employee Feedback: Examples & Best Practices

ProjectManager.com

Getting the best out of an employee requires more than giving that person orders. They need direction, of course, but employee feedback creates a conversation that educates both the employee and the employer. It’s a mutually beneficial relationship based on trust, communication and career advancement. What Is Employee Feedback? Employee feedback is the exchange of information between an employee and an employer.

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The 3 Things You Need to Do Agile Right

Leading Agile

Teams, backlogs, and working tested product. Without these 3 Things, you’re not really doing Agile. The problem is that you can’t wave a magic wand and have these 3 Things overnight. It’s going to take some work. It’s going to require a planful approach. Because when the ideas behind Agile meet the reality of what’s going on inside large organizations, it’s going to run into some roadblocks.

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Enhance Customer Value: Unleash Your Data’s Potential

The complexity of financial data, the need for real-time insight, and the demand for user-friendly visualizations can seem daunting when it comes to analytics - but there is an easier way. With Logi Symphony, we aim to turn these challenges into opportunities. Our platform empowers you to seamlessly integrate advanced data analytics, generative AI, data visualization, and pixel-perfect reporting into your applications, transforming raw data into actionable insights.

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Why ‘Sprint 0’ Isn’t A Good Idea

Scrum.org

In the past 20 years, I’ve been involved in a wide variety of software- and product development efforts. At the beginning mostly as a project manager, and afterward as a Scrum Master. Sometimes I was right in the middle of a ‘waterfall’ project, other times I was 100% dedicated to a Scrum team. In recent years, my focus shifted more towards supporting teams from the sidelines.

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Harnessing the Power of Acknowledgment to Prevent Burnout: A Conversation with Judith W. Umlas

The IIL Blog

By Carole Jean Whittington August 16, 2023 As we navigate the complexities of the modern workplace, one thing remains clear—the need for a supportive and appreciative environment. That’s why I am thrilled to share an episode of Beyond Autistic Burnout that delves into a topic of utmost importance: “Harnessing the Power of Acknowledgment to Prevent Burnout” Joining me as a special guest for this enlightening conversation is Judith Umlas, Senior Vice President at International In

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How to Run Team Meetings: Tips & Best Practices

ProjectManager.com

What Is a Team Meeting? A team meeting is a scheduled event in which people involved in a project will get together and have a conversation about topics related to that work. Meetings come in many forms, but the more effective ones have an agenda created by the team leader that outlines what is to be discussed. A secretary captures the meeting minutes, which are a summary of the discussion.

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How mergers and acquisitions can cement IT as a strategic business partner

Project Accelerator News

Despite the slow economy and provisional estimates which suggested lower mergers and acquisitions (M&A) activity at the start of 2023, there were 365 mergers and acquisitions involving UK Companies during Quarter 1 (Jan to Mar) 2023 according to the Office of National Statistics. There were inward M&A (foreign companies acquiring UK companies) in Quarter 1 2023 was £12.7 billion; and the total value of outward M&A (UK companies acquiring foreign companies) in Quarter 1 2023 was £2.9

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How To Set Up Innovation So That It Aligns With And Enables Corporate Strategy

Speaker: Paul Heller

Most innovation work proceeds independently from company strategy. As a result, the products that arrive in the market are not well aligned with the company’s goals. This challenge is particularly significant in organizations with transformation-oriented strategies, where innovation must directly support growth, scalability, and strategic pivots. In this session, we will discuss why innovation in large companies is so often not aligned with the company’s strategy and what innovation leaders, pro