Sat.May 13, 2023 - Fri.May 19, 2023

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Here are 15 Powerful Creative Techniques to Spark Your Imagination

Online PM Courses

Project Management is problem-solving. Systematic approaches often work, but sometimes we need creative techniques to boost our thinking. The post Here are 15 Powerful Creative Techniques to Spark Your Imagination appeared first on OnlinePMCourses.

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The Evolution of Project Management

The IIL Blog

By Harold Kerzner, Ph.D., and Cynthia Snyder Dionisio, MBA, PMP We have all attended project management workshops, conferences, and symposiums. We have read books and journal articles on various project management topics. What we ended up learning was about the present state-of-the-art of project management and what the future might look like. But sometimes, it is nice to reminisce about the past and see some of the major changes that have gotten us to where we are today in project management.

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What Is an Operating Budget? Key Components & Template Included

ProjectManager.com

An operating budget is a tool that helps business owners and project managers alike to look at the long-term financial needs of their organization or project. It’s instrumental in forecasting the budget needed to run your business or project. That alone should make you want to understand the definition and reasons to use an operating budget. We’ll explain that and go into what should be included in your operating budget.

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How to Manage Procurement on Projects

MPUG

It’s funny how things happen. I was chatting recently with a couple of project managers developing vehicle products. The discussion turned toward supplier management, and I asked them how much travel is involved in their work, especially regarding supplier interactions. Their reply was, “Not too often.” I was a bit surprised by this because, in my experience as a project manager, I would have significant supplier interactions from the beginning of the supplier selection process

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Understand Digital Debt, Form a Team, Set Goals, and Plan Roadmap for Transformation

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.

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Don't ask me about the worst case

Musings on Project Management

Perhaps the most common question in risk management, if not in project management is this one:"What's the worst case that can happen?"Don't ask me that!Why not?Because I don't know, and I'd only be guessing if I answered.So what questions can you answer about the future case?

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Google Docs vs Google Drive: What do you actually need?

Rebel’s Guide to PM

What’s the difference between Google Docs and Google Drive? Do you use both services (like me) but wonder if you’re in the right place when you search for files? Given that we spend 14% of our day looking for documents and data (I totally made that figure up, but it feels like that’s how my day is spent), if you want to work smarter, not harder, then it pays to know how to use them both.

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10 Hiring Mistakes that Cost You Time & Money

Teamweek

When thinking about hiring mistakes, this quote comes to mind: A players hire A players. B players hire C players. Steve Jobs So what did Jobs mean? Well, in the context of recruiting, he’s saying that top-performing individuals (A players) will have the confidence and ability to recognize and hire other top performers. While less competent individuals (B players) may feel threatened and reluctant to hire someone who could outshine them, so they tend to hire less capable candidates (C play

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What Is Task Dependency Mapping in Project Management?

ProjectManager.com

Not all tasks are the same. Some can be done one after the other in sequence, while others can’t start until another ends or starts. This is called task dependency. Task dependency mapping is a technique to make those task dependencies clear to avoid costly delays. Before we cover task dependency mapping, let’s first understand what’s meant by dependency in project management and define the four different types of task dependencies.

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8 Creative Tools to Transform Ideas Into Professional Videos

Productivity Land

In today’s fast-paced digital era, the power of visual storytelling cannot be underestimated. From captivating commercials to engaging social media content, videos have become essential for conveying your messages and ideas. The global video editing software market size is projected to reach $3245 million by 2030—exhibiting a CAGR of 5.6% during 2022-2030.

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Strategic Project Finance Essentials: A Project Manager’s Guide to Financial Metrics

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

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60 ChatGPT Prompts for Scrum Masters and Product Owners

Scrum.org

TL; DR: 60 ChatGPT Prompts for Agile Practitioners ChatGPT can be an excellent tool for those who know how to create prompts. The simplest form of prompting ChatGPT is to feed it the task and ask for results. However, this approach is unlikely to trigger the best response from the model. Instead, invest more time in prompt engineering, and provide ChatGPT with a better context of the situation, desired outcomes, data, constraints, etc.

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Grasping a big number

Musings on Project Management

We don't think about numbers linearlyThat is, as numbers get large, their "largeness" kind of flat-lines in our thinking, like a logarithmic scale (*)Grasp the futureWe can't grasp the future very well either when it is really far removed from the present.

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Limiting WIP in Agile

The IIL Blog

By V. Lee Henson Within the Agile framework, work in progress (WIP) is the amount of work that is currently being worked on but not yet completed by the team or organization. Limiting WIP is one of the core principles of Agile, and it is a critical aspect of ensuring that Agile teams can deliver high-quality products on time and within budget. In this article, we will explore the importance of limiting WIP in Agile and how it can help teams to work more efficiently and effectively.

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Types of Risks In Project Management – Are All Risks Equal?

WorkOtter

Risks are common in business. These risks carry uncertainties which pose potential threats to the financial health of the organization. Projects help the business reach objectives and goals, and with each project comes its own set of risks. Fortunately, with some savvy risk analysis, you can avoid costly risks and take advantage of exciting opportunities.

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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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60 ChatGPT Prompts für Scrum Master und Product Owner ??

Scrum.org

In Kürze: 60 ChatGPT-Prompts für agile Praktiker ChatGPT kann ein hervorragendes Werkzeug für diejenigen sein, die wissen, wie man Prompts erstellt. Die einfachste Form der Eingabeaufforderung für ChatGPT besteht darin, ihm die Aufgabe zu stellen und nach Ergebnissen zu fragen. Es ist jedoch unwahrscheinlich, dass dieser Ansatz die beste Antwort des Modells auslöst.

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Feature Tip #15: Improve Utilization with Workload Views

LiquidPlanner

One of the biggest keys to healthy projects is healthy people. When your resources are overworked or confused by unclear priorities, your projects’ timelines and output quality can suffer. So, if maintaining a balanced workload is so important to the success of your projects, why not have a dedicated view in your project management software where you can see and manage it?

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The Project Manager’s Agile Transformation Journey

The IIL Blog

Insights from Bosch By Johannes Köber Agility, dynamic, and flexibility are trendsetting words, with good reason. In today’s world, everything is very short-lived. Requirements and boundary conditions are constantly changing, long planning phases are often impossible, and products and solutions are developed in close contact with customers. These challenges impact project management practices and project managers, spurring much-cited Agile Transformation.

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The Agile Preconditions for Full-Stack Development Teams

Leading Agile

I spend a lot of time talking about the underlying preconditions for Agile. Because of my background in project management, process, and org design. I usually talk about the necessary preconditions from that angle. I beat the drum pretty hard on the idea of teams, backlogs, and working tested product increments as the fundamental preconditions to do Scrum well.

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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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Unleashing Agile Excellence: How Scrum Training Empowers Developers and Drives Organizational Success

Scrum.org

Image Source: [link] Although Scrum is a well-known framework for agile software development, implementing Scrum alone won’t guarantee success. Software development in an agile setting calls for specialized technical abilities, effective process management, and collaborative skills that help teams produce high-quality solutions in short iterations. Deliver working software more frequently and reliably, reducing the time-to-market and increasing customer satisfaction.

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The Evolution of Project Management

International Institute for Learning

The Evolution of Project Management By Harold Kerzner, PhD., and Cynthia Snyder Dionisio, MBA, PMP Abstract In recent years, the adoption of agile practices has seen significant growth, with empowerment, stakeholder engagement, and transparency becoming essential in both predictive and agile projects. The current trend is to embrace a hybrid approach that combines structured, predictive methodologies suitable for projects with known and stable scope, along with agile/adaptive approaches suited f

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Surprising Tax Deductions That Can Save Your Business Thousands

Productivity Land

The goal of maintaining low expenses is paramount when it comes to managing a business. One method to achieve this objective is by availing tax deductions, which can be an efficient way to reduce business costs. While several business owners may be knowledgeable of typical deductions like office rent and travel expenses related to business, other lesser-known tax deductions can aid in saving a considerable amount of money.

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Embracing a Systems Engineering Approach to Agile at Scale

Leading Agile

What if, instead of focusing on all the Agile practices, we started applying some of the things we know about systems engineering to help large companies become the kind of organization that can leverage those practices? Instead of blindly performing the ceremonies of Scrum, what it we got super disciplined about how we decompose work and flow decisions through the organization?

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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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Your Path To Agility

Scrum.org

The Creating Agile Organizations approach is about designing your own organizational framework and coaching its adoption. It is important to note that it is different from frameworks like Scrum, LeSS or SAFe, which have specific structures, rules, events, and artefacts to build upon. Instead, Creating Agile Organizations provides none of that, but provides two sets of guidelines that draw upon decades of academic research and practical experience in organizations similar to yours.

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The importance of Developing a Strong Environmental Quotient (EQ) for Project Managers

Green Project Management

Environmental Quotient (EQ) measures an individual’s or organization’s environmental awareness, responsibility, and impact. It considers energy consumption, water usage, waste generation, and carbon footprint. It also evaluates how an individual or organization acts sustainably and reduces its negative environmental impact. As leaders in project management, we must recognize the importance of Environmental Quotient (EQ) and […] The post The importance of Developing a Strong Env

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Identity Theft Trends in the Digital Age: New Methods and Prevention Strategies

Productivity Land

In our interconnected world, convenience often comes with a cost: the rise of identity theft. This digital age crime is not merely an inconvenience; it can be a life-altering experience with far-reaching personal and societal consequences. This article explores the dynamics of identity theft, its impact, and how to protect yourself in the digital age.

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Best of PMTimes: The Five Goals of a Project Manager

PM Times

As a project manager, you need to manage people, money, suppliers, equipment—the list is never ending. The trick is to be focused. Set yourself five personal goals to achieve. If you can meet these simple goals for each project, then you will achieve total success. These goals are generic to all industries and all types […] The post Best of PMTimes: The Five Goals of a Project Manager appeared first on Project Management Articles, Webinars, Templates and Jobs.

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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.