Sat.Jan 06, 2024 - Fri.Jan 12, 2024

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Is Game Theory the answer?

Musings on Project Management

In any moment of decision, the best thing you can do is the right thing, the next best thing is the wrong thing, and the worst thing you can do is nothing. —Theodore Roosevelt Actually, that's Teddy's version of cousin FDR's famous "Try something!" But what if it's all about a threat -- something external -- for which you have no experience? Call in your PMO team and brainstorm?

PMO 150
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10 Things New Project Managers Should Know

Rebel’s Guide to PM

It would be nice to think that every company has a formal mentoring scheme , and that as a new project manager you can tap into the experience of more experienced people. However, that isn’t always the case. As a result, people managing projects for the first time often find themselves making mistakes. That’s normal – we all make mistakes from time to time, especially in a new job.

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How AI is Impacting Project Management in 2024

NimbleWork

We might be a little way off having a robot colleague sitting at the next desk, but artificial intelligence (AI) is already impacting the workplace in many different ways. Generative AI and robotic processing and automation make it easier than ever to incorporate new ways of working into how projects are led. In this article, we’ll talk briefly about the impacts of AI in the workplace generally and then specifically about how it is changing the way projects are managed.

2024 62
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Navigating Project Uncertainty with Decision Trees

Project Risk Coach

In the intricate world of project management, where each decision can lead to a myriad of outcomes, the ability to forecast and manage potential risks is invaluable. Enter Decision Tree Analysis, a robust tool that, quite literally, helps you see the forest for the trees. This analytical technique allows project managers and decision-makers to visually map out and understand the complexities of decisions, along with their possible consequences.

PMI 221
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Acclaim Projects Helps Deliver Innovation Projects on Time and on Budget

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.

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Effective Time Management for Project Teams

Velociteach

“Time is the scarcest resource, and unless it is managed, nothing else can be managed.” Peter Drucker Time is our only finite resource. We cannot buy it or create it. Therefore, we must spend it wisely. Effective time management is a critical project management competency. Regrettably, many teams lack these skills or discipline and consequently fritter away their time.

2024 75

More Trending

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Ghosts of Agile Past: Dogma!

Scrum.org

Is Dogmatism Ruining Your Agile Team's Potential? One of the ghosts of Agile past is dogmatism. We've all encountered those who rigidly adhere to an idea, irrespective of the data and the experience of the people around them. In my journey with teams, I strive to be pragmatic, adapting to the unique circumstances of each team, yet maintaining a certain pedantry in training situations.

Agile 173
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Harnessing the Power of User-Generated Content

Tactical Project Management

Amidst the ever-evolving landscape of the digital era, where connections transcend physical boundaries, the concept of “User-Generated Content (UGC)” emerges naturally as a powerful catalyst shaping the online sphere. This journey embarks on a comprehensive exploration of the multifaceted nature of UGC, akin to a shared tale amongst acquaintances spanning the globe.

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The Construction Resource Management Process Explained

ProjectManager.com

Managing the workforce in a construction project is a complicated endeavor. There are so many different subcontractors and all have to work together to deliver the project on time and within budget. Resources in construction are managed by construction resource management. There are many different types of construction resources beyond labor and we’ll define them as well as the process for construction resource management.

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What Are Project Management Resources? Ultimate Guide With Types and Examples

GanttPRO Project Management

If a project is a complex organism, then project management resources are functional elements that make this organism viable and moving forward towards its goals. Without these elements, you won’t […] The post What Are Project Management Resources? Ultimate Guide With Types and Examples first appeared on GanttPRO Project Management Blog.

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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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7 Productivity Tools for Teams That You’ve Never Heard Of

Rebel’s Guide to PM

I can’t be the only one who thinks that with better productivity tools for teams, we’d be more… productive. I want to spend more time doing what matters, and that means less time worrying about tools to do the work. Today I present to you 7 productivity tools for teams that you’ve never heard of (maybe – there are some on the list that you might have come across, but I couldn’t leave them out).

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Definition Of Done (DOD) Explanation and Example

Scrum.org

Often, people don't get the power out of a DOD that they really could. This article will review a few different thoughts on the DOD, relate the DOD to acceptance criteria, and show an example of a DOD. Hopefully, this will give you some ideas on improving your DOD so that it's not just a superficial checklist with little value. In the 12 years that I've been a Professional Scrum Trainer through Scrum.org, I've taught many classes on Scrum and seen many misunderstandings related to the DOD.

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Workforce Planning Basics for Businesses and PMOs

ProjectManager.com

If human resources are your most valuable resource, you better give them the attention they need to get their work done. One way to make sure you’re supporting your team and project alike is with workforce planning. Workforce planning is important and we’ll show you why. Then we’ll help you with the workforce planning process and explain the benefits of using workforce planning in your projects.

Planning 339
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Scheduling: Don't do this

Musings on Project Management

'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?

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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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Maximizing Your PMO’s Value Starts with a Mindset Shift

Planview

Elevate your Project Management Office (PMO) to become one of the most effective strategic partners in your organization. You have big plans for the new year. But how do you turn those plans into business outcomes while navigating the unexpected? It all starts with a mindset shift. Adopting a sponsor’s mindset enables the PMO to drive value across the business, even when faced with disruption and economic uncertainty.

PMO 109
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Ghosts of Agile Past: The 3 Questions

Scrum.org

Are Your Daily Scrums Truly Driving Value? Many teams are trapped in the ghosts of Agile past, adhering rigidly to the three fundamental questions of the daily scrum: What did I do yesterday? What am I doing today? And what's blocking me? While these questions are not inherently problematic, they often lead teams into a cycle of repetition and routine, diverting focus from the real goal: delivering value.

Agile 173
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Resource Smoothing Steps, Templates and Tools

ProjectManager.com

Managing resources effectively is one way to deliver your projects on time and within budget. But what do you do when you don’t have enough resources and the deadline is quickly beating down on you? Project managers use a technique called resource smoothing. What is resource smoothing? We’ll get to that in a moment and show how it differs from resource leveling as well as when to use it.

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Human-Centered AI Integration: Enhancing Business and Beyond

The IIL Blog

By Brandon Fargis In the ever-evolving world of Artificial Intelligence (AI), a profound opportunity beckons for leaders: the chance to harness AI’s power with a focus on human-centric values. This approach ensures that technological advancements in AI enrich both the functionality of organizations and the experiences of customers, aligning with the core principles of empathy and understanding.

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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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Balancing Value: From Friedman’s Metrics to Purpose-Driven Impact

Green Project Management

I am often asked about the most significant challenge GPM faces when explaining the value of sustainable project management. This question frequently comes from CFOs who have yet to embrace the benefits of sustainable practices beyond mere compliance with regulatory or stakeholder demands. In this post, I aim at a favorite antagonist from a bygone […] The post Balancing Value: From Friedman’s Metrics to Purpose-Driven Impact appeared first on Insights into Sustainability and Project

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Humble Planning — Maarten Dalmijn at the 57. Hands-on Agile Meetup

Scrum.org

TL; DR: Humble Planning w/ Maarten Dalmijn In this fascinating talk, Maarten introduced the concept of humble planning and why it’s crucial for succeeding with an Agile way of working and building products of exceptional value. During his talk, he covered concepts like friction, the three gaps model of Bungay, intent, intent-based leadership, humble planning, sprint goals, the fog of beforehand, and the fog of speculation.

Agile 156
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Understanding Scope Creep By Harold Kerzner, Ph.D.

International Institute for Learning

Understanding Scope Creep By Harold D. Kerzner, Ph.D. Abstract Project managers are no longer envisioned as managing projects. Instead, they are viewed as managing part of a business. They have become business managers. Project managers are now spending more time managing strategic projects where the scope is susceptible to changes as the projects progress.

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Designing Team Interactions for an Effective Team

The IIL Blog

By Deepak Bansal January 10, 2023 In the realm of team management, the concept of “design” in crafting team interactions is often overlooked, yet it plays a crucial role in the success and efficiency of a team. More often than not, team interactions are left to spontaneous developments or are only addressed in response to emerging issues.

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3 ‘Must-Dos’ for Addressing Digital Transformation Challenges

Digital transformation projects are crucial, with global spending projected to hit $3.4 trillion by 2026. However, they often fail at a rate of about 70%. To enhance success: Employee Buy-in: Acknowledge concerns and establish a change management team to communicate benefits transparently. Identify Processes and Tools: Form a digital transformation office to establish metrics, workstream lifecycles, data capture, and tool selection.

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A Better Way to Approach Culture Change

Leading Agile

Mike and Dave sit down to reflect on 2023 and discuss some of the biggest revelations we had as a company. Together, Mike and Dave explore how LeadingAgile is already applying our latest learnings to our client engagements and the impact of them on the future of the company. Additionally, in this sprawling conversation, the guys chat about whether personal agility plays a role inside your organization, the history of Agile, Mike’s beef with estimation, and the disconnect between Agile and “the b

2023 71
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What Really Is a Servant Leader?

Scrum.org

Servant leadership is about collaboration, trust, empathy, and the ethical use of influence. At the heart of it is the desire to serve people first, with leadership emerging as a by-product of service. A servant leader has a guiding mindset and a set of practices that value the individuals, help to build better teams and organisations, and nurture fairness and care with work and life balance.

2024 165
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New feature – booking Activity Log

Resource Guru

Every project manager aims to avoid the unexpected. Our new Activity Log gives you a clear, chronological view of changes made to any booking, so you’re never on the wrong end of a scheduling surprise. See who changed what and when A shared schedule enables clear communication, but things can quickly go sideways when someone makes an unexpected edit to a work assignment.

Planning 110
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The Importance of Product Packaging

Productivity Land

In the colorful mosaic of retail space where consumer options are plenty, product packaging takes a central role in determining whether or not a brand will succeed on its path. Packaging is more than just the protective covering; it’s a dynamic element that shapes product identity and market presence on its way to eventual consumer reception. This thorough investigation is carried out to reveal the diverse significance of product packaging as it unpacks its role, which can be seen at different l

Retail 77
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From Concepts to Actionable Insights: Powering Digital Transformation Success

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.