Sat.Feb 03, 2024 - Fri.Feb 09, 2024

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9 Tips For Mentoring a Project Manager

Rebel’s Guide to PM

Have you been asked to mentor another project manager ? It might sound a bit daunting, but I’ve been doing it for over 15 years, and I’m here to tell you that it’s a great opportunity (for both of you). And it is possible to be a good project management mentor, even if you don’t have any previous mentoring experience. Being asked to mentor someone means that your experience has been recognized as a project management professional (not necessarily a certificate holder, but someone who knows how t

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11 Agile Project Management Skills You Need to Succeed in 2024

Sandeep Kashyap

Introduction Want to be an agile project manager? It’s no secret that agile project management has become a buzzword in today’s fast-paced business world. And for a good reason — it offers an iterative and flexible approach to managing projects. It ultimately leads to faster delivery of high-quality products and services. But to succeed in this dynamic realm, you need the right agile project management skills.

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Do you work "turn key"?

Musings on Project Management

You may say -- you may have heard -- "make a 'turn-key' project".Fair enough.What does that mean? Actually, there are a few things built into that expression:You're throwing off risk by pushing scope and cost to someone else, presumably with a proven track record of expertise and performance.You probably mean 'fixed price' for a 'fixed scope' of work.

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What is Predictive Analytics? …especially in Project Management

Online PM Courses

In this video, I answer the question, what is Predictive Analytics? And I look at its application to Project Management. The post What is Predictive Analytics? …especially in Project Management appeared first on OnlinePMCourses.

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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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How to create a project budget

Rebel’s Guide to PM

What is a project budget? A project budget is a financial document that lays out what you think you’ll spend on a project. It covers all the (approved) expenses required to deliver the project. In other words, it’s the way you answer the question: “How much is this project going to cost?” The project budget might be phased over multiple quarters or years.

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Shaping the future of engineering leadership with online education

Tactical Project Management

As the world becomes more technologically advanced, the fusion of leadership skills with engineering prowess is more crucial than ever. This is where the arena of online education steps in, granting a platform for professionals to develop and polish their expertise in leading complex projects and teams. One such advancement is the online master’s in […] The post Shaping the future of engineering leadership with online education appeared first on Tactical Project Management.

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Questions to ask a project management mentor

Rebel’s Guide to PM

Have you got a project management mentor? Whether you’re excited to meet them for the first time, or have had a few calls/sessions already, you are probably wondering if you are using their time effectively and asking the right questions. I certainly worried about that when I got my first mentor. Now I mentor other people, I can tell you that all you want is some conversation starters that are relevant to you and your career.

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Artificial Intelligence Tools: Top 5 Practical Project Management Applications

Online PM Courses

What can we use Artificial Intelligence for in Project Management? Are there any practical AI tools that can make our work easier? Yes. The post Artificial Intelligence Tools: Top 5 Practical Project Management Applications appeared first on OnlinePMCourses.

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Shift-Left, Shift-Right, Keep Middle

Project Management Essentials

Shift-left is an Agile/DevOps call to action. It signaled the need to address quality sooner. As we adapt to the current dynamics, we should challenge standard paradigms and reevaluate when to execute project processes. Timing is crucial for successful project outcomes.

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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 Create a Project Timeline In Excel (Free Template Included)

ProjectManager.com

A project timeline is a project scheduling tool that’s used to estimate the total duration of a project from start to end by mapping tasks, deliverables and milestones in chronological order. Gantt charts are the most commonly used tool to create and manage project timelines, but there are other methods and tools you can use like Excel. In this blog, we’ll go through a step-by-step guide on how to create a project timeline in Excel using various methods and then, we’ll explore other project sche

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15 Task Management Tips for Teams (Stay on track!)

Rebel’s Guide to PM

Projects are made up of tasks. Lots of them. Staying on top of your tasks as a team is so important if you want to hit your project deadlines. But keeping the whole team on track can be a challenge. I know, I’ve been there! As a project manager with over 20 years doing the job, it can be a struggle to make sure your own approach to time management is efficient, let alone feeling responsible for the task management of a whole team.

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The Art of Sprint Review Feedback

Scrum.org

In the bustling world of Scrum, the Sprint Review stands as a pivotal event. It's not just a meeting; it's a ritual that marks the culmination of weeks of hard work, collaboration, and innovation. But the true linchpin of this process? The stakeholder feedback. Yes, feedback—the golden nuggets of insight that guide teams toward continuous improvement and ultimate success.

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What’s the Difference Between a Risk Reassessment and a Risk Review?

Project Risk Coach

Project risk management is never once and done. It is continuous and requires periodic risk reviews. Additionally, projects may require risk reassessments. The terms "risk review" and "risk reassessment" are both integral to risk management processes, but they serve different purposes and are conducted at different times or under different circumstances.

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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 Strategy Map for Your Organization

ProjectManager.com

Any organization, whether for-profit or not-for-profit, even governmental agencies, all have something in common. That is, they all develop strategic plans to achieve long-term goals to create value. To communicate this, organizations will usually employ what is called a strategy map. If you’re unfamiliar with a strategic map, we’ll explain what it is and what is included in one.

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4 Easy tips for effective virtual meetings

Rebel’s Guide to PM

This is a guest post by Diana Ecker. Today, we take virtual meetings for granted, but the possibilities they bring free up the world of work. You bring together people who are working from home, on the road for travel, or in offices around the world with just a few clicks. It makes it possible to work with clients, contractors, and teams from anywhere at all… even though it feels like we spend way too much time in virtual meetings!

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Enhancing Stakeholder Engagement in Scrum: Key to Successful Outcomes (From PM to PSM 05)

Scrum.org

For professional Project Managers transitioning to Scrum Masters, engaging stakeholders effectively is a principle that transcends traditional project management boundaries. The emphasis on proactive stakeholder engagement aligns well with Scrum's focus on delivering value and ensuring customer satisfaction. However, in Scrum, this engagement is not just a part of the process; it's an integral component of every step in the development of a product or initiative.

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Risk Management and AI

Musings on Project Management

The U.S. NIST has issued, after long discussion and drafts reviewed, their risk management framework (RMF) for A.I. You can read it here.NIST says: The AI RMF refers to an AI system as an engineered or machine-based system that can, for a given set of objectives, generate outputs such as predictions, recommendations, or decisions influencing real or virtual environments.

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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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Google Sheets Budget Template: Track Business Costs Online

ProjectManager.com

A budget is a document that’s mainly used to break down the costs of executing a project or running the operations of a business for a period of time and define a maximum spending limit for the procurement of resources. This free Google Sheets budget template will help you identify the different resources that are needed for your business to operate for a year, such as people, equipment or machinery.

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Skills Of A CIO – Within Reach Of A Strategic PM?

The Strategic Project Manager

This post looks at whether there is a typical path to CIO – or what it needs to include. Next it looks in more depth at the typical roles that can help build the skills and background that lead to becoming a CIO. Then it focuses on strategy and project management as careers that can lead to CIO – but with a careful strategic approach. Finally, the post discusses whether and how a CIO role might even lead to CEO.

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How Cross-Functionality makes for a more effective Daily Scrum (57)

Scrum.org

We started this Scrum foundation series explaining we see four underlying concepts of the Scrum framework. In the past series of mails we covered the three pillars of Empiricism, the Scrum Values, and Self-Management. A self-managing team is taking decisions about who does what, when, and how. This ensures the team can move forward without unnecessary waiting time.

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How To Improve Employee Productivity – 10 Tested Ways [2024]

Teamweek

Employee productivity measures how well employees do their jobs compared to the time and effort they put in. You can calculate employee productivity by tracking output against goals, monitoring completed tasks, and the quality of work. But, it can be hard to measure and improve the productivity of remote workers and keep them focused in modern work settings.

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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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7 Best Practices to Implement Resource Planning in the Audit and Accounting Industry

PM Times

A Statista survey reveals that the estimated revenue of the accounting industry will grow to $145 billion. The growth in the audit and accounting industry can be attributed to various factors, including increased demand for advisory services, the growing complexity of tax regulations, a rise in financial fraud, and ongoing technological advancements.

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Did You Know That AI And Humans BOTH Have Challenges Accepting a Heartfelt and Authentic Acknowledgment?

The IIL Blog

By Judith W. Umlas ChatGPT did such an amazing job for me today when I gave it a task, that I put a “thumbs up” on its response. This took me to a separate box to explain why. When I returned to the original conversation, I asked it, giggling to myself… “Did you receive the “acknowledgment'” I sent about you in the personal response I sent?

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¿Agile es una herramienta para la microgestión?

Scrum.org

En el mundo del desarrollo de software, la microgestión o el micro-management siempre han estado a la orden del día. Además, pocas metodologías han generado tanto debate y controversia como Agile, sobretodo si lo enfrentamos a la microgestión o el micro-management. Desde su inicio, Agile ha sido tanto elogiado como un enfoque revolucionario para la gestión de iniciativas, desarrollo de productos y servicios.

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Implementing eSignature in Documents: Best Practices and Strategies? 

Productivity Land

In today’s digital landscape, paper-based workflows are becoming increasingly obsolete. Businesses of all sizes are turning to electronic signatures (eSignatures) to streamline document signing processes, improve efficiency, and boost customer satisfaction. Lumin’s e-sign API stands at the forefront of this digital revolution, empowering businesses to easily integrate eSignature functionality into their existing workflows.

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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.