Project Pulse Journal
APRIL 11, 2024
By: Hajime Estanislao, PMP, CSM Are you ready to transform the way you manage projects and lead your team? Dive into the world of Scrum, the Agile framework that is revolutionizing project management across industries. With its core values of commitment, courage, focus, openness, and respect, Scrum is not just a methodology— it is a pathway to creating highly effective, adaptive, and cohesive teams.
Velociteach
APRIL 8, 2024
The world of project management thrives on structure and planning. However, even the most meticulously crafted project plan will encounter unforeseen roadblocks. This is where creative problem-solving becomes an essential skill for project managers and their teams. By fostering a culture of innovation and embracing unconventional approaches, project managers can navigate challenges, overcome obstacles, and […] The post Creative Problem-Solving in Project Management appeared first on PMP Ce
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NimbleWork
APRIL 8, 2024
Hybrid agile is a flexible approach that works in many situations and is best when there are elements of both iterative and predictive projects involved. But when is it the right time to start using a different project management approach? And how do you get started? In this article, we’ll start with a quick recap of what we mean when we talk about hybrid agile , and then share some tips on what we’ve learned about when it works and how to use it.
ProjectManager.com
APRIL 9, 2024
A kanban board is a project management tool that manages workflows and processes using two key elements: kanban cards, which represent tasks, and kanban columns which divide the kanban board vertically to represent steps or stages of completion for them. When first invented in 1940, kanban boards were analog tools that could be made with pen and paper.
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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.
Rebel’s Guide to PM
APRIL 6, 2024
The nature of the modern business environment is constantly evolving. Project management has wrought much change. From plotting Gantt charts by hand to the modern day explosion of project management software solutions, everything is different – including the nature of work itself. To illustrate, Roger L. Martin, former dean at Rotman School of Management at the University of Toronto, gives an example of how work is a series of projects in an article in the Harvard Business Review: Think of a fre
Project Management Update brings together the best content for project management professionals from the widest variety of industry thought leaders.
Musings on Project Management
APRIL 11, 2024
12 trillionThe estimated number of tokens used to train OpenAI’s GPT-4, according to Pablo Villalobos, who studies AI for research institute Epoch. He thinks a newer model like GPT-5 would need up to 100 trillion tokens for training if researchers follow the current growth trajectory. OpenAI doesn’t disclose details of the training material for GPT-4.
ProjectManager.com
APRIL 10, 2024
Placing an order and receiving it seems straightforward. But the only reason it feels effortless is because of order management. We’ll explain what order management is and explore how an order management process is conducted. There are, of course, people behind the order management process. We’ll define those roles and link to some free templates to download, which will help users facilitate the order management process.
Rebel’s Guide to PM
APRIL 12, 2024
Project managers need to be good at facilitation because we run a lot of meetings and take part in a lot of discussions. A lot of facilitation happens during project initiation. But you also want to be able to draw on your facilitation skills throughout the life of your project. I’ve run literally hundreds of project meetings during my career, probably thousands.
Scrum.org
APRIL 8, 2024
The project management principle to enable change to achieve the envisioned future state is inherently supported by the Scrum framework. Scrum's approach, characterized by close stakeholder involvement and iterative development, naturally facilitates the adoption of new behaviors and processes. For Project Managers transitioning to Scrum Masters, understanding how to leverage Scrum to guide stakeholders and teams through change is crucial.
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
Online PM Courses
APRIL 7, 2024
Basic risk analysis is easy to understand. But there's one pitfall that too many Project Managers fail to avoid: estimating likelihood. The post Risky Analysis: Pitfalls and Good Practices in Estimating Likelihood appeared first on OnlinePMCourses.
ProjectManager.com
APRIL 11, 2024
Products can be manufactured, but they don’t end up in a customer’s hands until they’ve been stored in a warehouse. It acts as a waystation, a part of the larger manufacturing and fulfillment processes. The better the warehouse management, the greater the company’s success. After defining warehouse management and its importance, we’ll focus on its key areas and what the operation life cycle looks like.
Rebel’s Guide to PM
APRIL 9, 2024
Project managers want to make the best decisions for themselves, the project, and the project team. In order to do so, project managers must be aware of biases. Based on experiences, people can come to different conclusions when presented with the same scenario and that’s where biases come into play. Project managers make decisions all the time, by the hour, minute, or even second.
Scrum.org
APRIL 11, 2024
Zombie Estimation is where a team mechanically assigns story points to tasks without a true understanding or engagement in the purpose and method of estimation. This process becomes a ritual devoid of meaningful discussion, insight, or reflection on the complexity, effort, and risks involved in completing a task. The team goes through the motions of estimation, but the numbers lack consistency, insight, and fail to facilitate effective planning or reflection.
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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.
NimbleWork
APRIL 7, 2024
Artificial intelligence (AI) has been all the rage these days. Bet you have heard of or tried using ChatGPT, allowing you to generate pieces of content. This tool is a perfect example of generative AI used for various businesses across different industries. Generative AI has recently become a game-changer in business. This technology has the power to boost your business and scale your operations.
Planio
APRIL 8, 2024
Time is one of the resources no one seems to ever have enough of — which is why it’s so surprising that a recent study found that only 18% of people use a time management technique to stay on track. Even worse, the same study found that 25% of people openly admit to abandoning their daily schedule the second an urgent task comes across their desks. Whether you’re a manager, developer, or team leader, one of the best ways to reduce the amount of chaos and reactiveness in your day is to practice t
Leading Agile
APRIL 11, 2024
Agile is really about designing a System of Delivery that can produce the business results that matter to your executives and key stakeholders. But, in most large organizations, there are a ton of underlying issues that end up getting in the way. And a cultural shift in mindset or an even more dogmatic approach to Agile practices aren’t going to fix the organizational impediments that prevent organizations from adopting Agile and establishing a high-performing System of Delivery.
Scrum.org
APRIL 12, 2024
As many scrum masters set out on their journey, they are often as new to their role as their manager. How do they know what the expectations of their role are if there is no one experienced to tell them? This post (inspired by Ben Horowitz author of “The hard things about hard things”) is for scrum masters, and people who work with scrum masters, and explores what good and bad looks like.
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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.
Ganttic
APRIL 11, 2024
Croatian-based Q agency knows a thing or two about software development. For more than 10 years, they have been helping companies around the world bridge the gap between great ideas and exciting products. Whether it’s a digital travel platform for the largest British publishing house in the UK, building psychological testing platforms for a leading employment agency, or partnering with ground-breaking medical researchers to develop a contactless measurement system and 3D body scanning app, they
The IIL Blog
APRIL 10, 2024
By Steven Briggs April 10, 2024 Introduction As the world of business management continues to evolve, the opportunities and interest in the field has grown exponentially. As the field continues to grow and offer varied opportunities to skilled and knowledgeable candidates with a business management acumen, more people are taking up courses and degrees to upskill themselves in the relevant niches of business management.
Online PM Courses
APRIL 10, 2024
In this video, I answer the question, what is Expected Monetary Value, EMV? And we look at its use in risk management and decision theory. The post What is Expected Monetary Value? (EMV) appeared first on OnlinePMCourses.
Scrum.org
APRIL 9, 2024
The realm of Agile development is ever-evolving, with new tools and philosophies emerging to streamline and enhance the workflow. As someone deeply entrenched in this world, I've found that embracing these changes can dramatically improve how we manage projects. Azure DevOps has become a cornerstone of my Kanban philosophy, offering unparalleled flexibility and visibility into our workflows.
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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.
Velociteach
APRIL 9, 2024
A picture is worth a thousand words. Projects can generate a lot of data. Large, mature organizations generally have the tools to capture, store, and analyze this information effectively. However, small and less mature organizations and those leading non-traditional efforts often lack the tools, practices, and experience. I teach project fundamentals classes to non-traditional project […] The post Project Data Visualization appeared first on PMP Certification Exam Prep & Training - Vel
PM Times
APRIL 10, 2024
Within project management, reporting stands out as one of the most critical services provided by Project Management Offices (PMOs). It serves as a crucial communication tool for fostering stakeholder engagement and is frequently highlighted as a major contributor to P3M (Portfolio, Programme, and Project Management) maturity. It’s also the area most stakeholders express a desire […] The post Walking The Reporting Tightrope in PMOs appeared first on Project Management Articles, Webina
MPUG
APRIL 11, 2024
The way we work is constantly evolving, and project management is no exception. The Project Management Institute’s (PMI) 15th annual Pulse of the Profession report dives into the latest trends shaping the field, highlighting a clear shift towards adaptability, flexibility, and empowering project teams. Key Takeaways: Hybrid is the New Standard : Organizations are shifting toward more flexible, fit-for-purpose hybrid project management approaches that combine elements of traditional and Agi
Scrum.org
APRIL 8, 2024
Throughout my professional journey, I've often pondered on the philosophy that guides our approaches to workflow management. It's a contemplation that leads me back to the principles of Kanban - not as a methodology but as a philosophy underpining our daily operations. The active management of work within a workflow transcends the mere allocation of tasks.
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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