Bridge the Gap Consulting
DECEMBER 6, 2022
Tis the season to take a step back to look forward. As another year wraps up, it’s time to peer ahead at this dynamic career of project management and what may change in 2023 and beyond. Here are my predictions! Reimagining Stakeholder Engagement. Stakeholders are a big deal on any project. I learned that years ago to the tune of a $2M project failure due to not properly identifying key stakeholders.
Kiron Bondale
DECEMBER 5, 2022
Regardless of what type of work your team does, work boards can be a helpful tool. But just because they can be helpful doesn’t mean they are always implemented well. The most common mistake is when teams don’t keep their work boards up to date with the actual status of work that is being done. Increasing transparency is a great way for stakeholders to understand what is going on and to increase their level of trust in teams.
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MPUG
DECEMBER 5, 2022
In the year 2000, I was working for a small IT services organization. In those days, most companies were taking new initiatives, as the dreaded Y2K problem had passed without creating any trouble. My organization started an initiative to upgrade our project management methodology. At that time, our organization was a certified CMM Level 3 company, and we were already using our homegrown project management methodology based on CMM L3 processes.
Teamweek
DECEMBER 5, 2022
Are you a project manager looking to download a project time tracking template for Excel? Use this free project time tracking spreadsheet below to track the hours spent on your next client project. Free project time tracking template. This project time tracking template focuses on tracking hours for specific tasks within a project. Download your Google Sheets template or Excel template.
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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.
Tactical Project Management
DECEMBER 6, 2022
Project accounting is a specialized subset of accounting that deals exclusively with projects. It’s used to manage the financial aspects of projects, from planning and budgeting to billing and payments. If you're involved in a project, it’s vital to have a firm grasp of project management accounting to make informed decisions in managing your finances. .
Project Management Update brings together the best content for project management professionals from the widest variety of industry thought leaders.
Musings on Project Management
DECEMBER 4, 2022
'The mistake' to avoid in scheduling is to construct a milestone-success situation that strictly depends upon two or more tasks scheduled (planned) to finish at the same time.So, what's the big error here?First, as regards milestone success, each of the tasks leading into the milestone is a risk to success (success means: it is achieved on time)Second, total risk is the product of all the input.
Tactical Project Management
DECEMBER 4, 2022
Business projects require a dedicated team, a dedicated manager, and a specific budget. Without any of these components, a project could fall flat even before starting. Furthermore, it may cause companies to suffer substantial financial losses if there is no proper control of their projects. The post Why Finance Is Essential In Project Management? appeared first on Tactical Project Management.
The Digital Project Manager
DECEMBER 7, 2022
Just about everything about you need to know about writing a statement of work (SoW) with this complete & detailed step-by-step guide. The post How To Write A Project Statement Of Work: Template & Example appeared first on The Digital Project Manager.
Rebel’s Guide to PM
DECEMBER 6, 2022
Are you looking at the Mplaza PRINCE2® Practitioner exam simulator? The right exam simulator can boost your confidence on test day and help you focus your study time on the topics where you need the most revision. I’ve spent several hours reviewing the exam simulator from Management Plaza (MPlaza) and I can confidently say that it’s great. In this PRINCE2 Practitioner Mplaza exam simulator review, I’ll tell you: Whether the software is worth the hype (spoiler: definitely!).
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
ProjectManager.com
DECEMBER 6, 2022
When you make something, you better ensure there’s nothing faulty about the product. If a customer buys your product and it doesn’t work, at best, you’ll lose a customer and at worst, you’ll be served with a lawsuit. Simply put, quality control in manufacturing is important. Quality control in manufacturing means your customers get what they’ve paid for.
Scrum.org
DECEMBER 6, 2022
The refinement process for those practicing Scrum determines the detail, order and size of the items in the Product Backlog. The purpose is to ensure that we have the highest-ordered Product Backlog items (PBIs) ready to Sprint. During refinement, the team discusses what we will deliver with each Product Backlog item. Although it's easy to drift into sorting out how we will deliver each PBI during these discussions, planning at this stage is a mistake. .
LiquidPlanner
DECEMBER 5, 2022
Why are projects often delivered late? Missed deadlines or missing deadlines – both can challenge your project and cause late delivery. I recently undertook a complex journey by car involving six locations, a number of people, and finally the drive back home. It was over a long distance and took most of one day to complete – but I completed it, and, in fact, I arrived home a few minutes earlier than expected.
Rebel’s Guide to PM
DECEMBER 7, 2022
Are you considering buying the Mplaza PRINCE2® Foundation exam simulator? Don’t spend any money until you’ve read my review! I’ve spent several hours reviewing the exam simulator from Management Plaza (MPlaza) and I can confidently say that it’s worth the investment. In this PRINCE2 Foundation Mplaza exam simulator review , I’ll share: Whether the tool is worth the investment (spoiler: yes, even if you are taking Practitioner as well).
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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.
ProjectManager.com
DECEMBER 7, 2022
All businesses have assets, and if you want to stay in business, you need to know what those assets are. To start, you have to do an equipment inventory and make an equipment inventory list. That’s not as easy as it might sound. There are many items to track in your equipment inventory. Of course, you must start by making an equipment inventory list.
Scrum.org
DECEMBER 7, 2022
Context. OKRs (Objectives and Key Results) have become the latest management framework to suffer the fate of becoming popular too quickly, to the point where in many organizations, OKRs are a theater/charade with little useful substance or benefits. That’s a shame because OKRs have huge potential if used effectively. So let’s go about fixing your OKRs!
LiquidPlanner
DECEMBER 7, 2022
Layoffs and hiring freezes have emerged as a troubling trend given evidence of a slowing economy. In fact, many economists are predicting formalization of the inflation-induced recession as we flip the calendar into 2023. As such, most of us are facing resource constriction and forced now to think about how to do more, with less. This article offers several solutions to this challenge, providing prioritization, process and people tips and how technology can be leveraged.
Rebel’s Guide to PM
DECEMBER 7, 2022
Welcome to my Mplaza PRINCE2® Practitioner review! I gained a lot of project management knowledge and confidence from doing my PRINCE2 course. It was a few years ago now, but the experience gave me the vocab, structure, and processes to confidently deliver projects. BUT… it’s hugely important to choose a good quality PRINCE2 course. If I remember rightly, the training firm I used when I took the course again when my certificate expired was nowhere near as good.
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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.
Planio
DECEMBER 5, 2022
When it comes to productivity, routines and habits get all the attention — but high-performers rely just as heavily on having powerful rituals in place. Rituals tie your team together, creating a shared purpose and a powerful culture. While everyone has their own routines to help them maximize productivity, team rituals create a sense of togetherness and motivation that takes performance to the next level.
Scrum.org
DECEMBER 4, 2022
TL; DR: Business Agility, Scrum and Generative AI’s Take on Getting There. There has been a lot of talking about generative AI recently, mainly fueled by excellent work results in the text and graphics area. A few days ago, OpenAI made a new model available that “interacts in a conversational way. The dialogue format makes it possible for ChatGPT to answer follow-up questions, admit its mistakes, challenge incorrect premises, and reject inappropriate requests.” ( Source.) .
Leading Agile
DECEMBER 7, 2022
Imagine you were building library databases for schools. The librarians are your economic buyers, and they value advanced search pages—Boolean searches for just the right keywords or publication dates. But the librarians aren’t buying these databases only for themselves. Instead, they’re buying them for high school students. Students who don’t have a master’s degree in Library Science, who probably don’t know or care about Boolean searches because they’re used
Rebel’s Guide to PM
DECEMBER 8, 2022
Welcome to my Mplaza PRINCE2 Foundation review! I owe a lot of my confidence as a project manager to the PRINCE2 course I took many years ago. It gave me all the basics, the jargon and ability to plan and manage a project. BUT… it’s hugely important to choose a good quality course. I’ve lost count of the number of people who have had bad experiences with PRINCE2 training providers… and that’s a lot of wasted money.
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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.
Agilemania
DECEMBER 5, 2022
Scaled Agile Framework, SAFe® is the world’s leading framework for Business Agility. SAFe® is built around seven Core Competencies with Customers as a focal point in the center. The seven core competencies each have three dimensions making it a total of twenty-one dimensions to enable Business Agility. These dimensions contain some of the practices, patterns, and guidelines to Scale Agility across the enterprise.
Scrum.org
DECEMBER 9, 2022
This is the second part of the four-part series on conflict. In the first part, we explored why we need conflict. In this post, we will exp lore how to establish clear boundaries at the start of the event to provide the tools and environment that will enable you as a facilitator to navigate through conflict. . There are four parts to this series: . 1.
International Institute for Learning
DECEMBER 7, 2022
Dr. Harold Kerzner. Introduction. In the past five years, there have been numerous articles discussing how Artificial Intelligence (AI), can and will benefit the field of project management. As technology increases within the next two decades, AI is expected to replace humans in many of the simple and mundane tasks that are part of project and program management activities (Grace et al., 2018).
nTask
DECEMBER 7, 2022
Project managers in the year 2023 will rely on a variety of tools to help them stay organized and on track. From project management software to task management apps, these tools will make managing projects easier and more efficient. In addition, 2023 project managers will find value in tools that help them manage communication and […].
Speaker: Ketan Jahagirdar - Sopheon’s Director of Product Management
70% of most digital transformation projects fail. Learn how you can quickly improve that success rate. To be successful, digital transformation involves the strategic application of digitalization to improve a business’ entire system of production, procurement, sales, operations, human resources, and financial management. In short, to basically transform the way a company makes money and delivers value to customers.
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