Sat.Feb 17, 2018 - Fri.Feb 23, 2018

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The 10 Risk Management Commandments You’re Breaking Every Day

Project Risk Coach

I fear that many project managers live by the letter of the law and may fail to gain the true benefits of risk management. These individuals are too concerned with checking boxes and making the risk management processes overly complex. Let’s look at some common mistakes and how to overcome them. 1. Thou shalt not make risk management complicated. Every project is different.

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How to Create a Project Assumptions List: Examples and Template Included

Project Bliss

. When my daughter was very little she came home from school one day and told me the saying about assumptions: When you assume, you make an ass out of you and me. Gasp! “Where did you hear that, honey?” “At school, Mommy. Our teacher told us.” Yes, you’ve heard that one. I just didn’t expect my little one to learn that saying so early in her life.

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Can agile teams be virtual?

Musings on Project Management

Somebody asked: can a virtual team do Agile? 15 years ago, the answer might have been no. Seven years ago, more less pre smart phone and smart-phone networking, the answer was probably yes, but with reservations. Now, the answer is "Of course", with some adjustments. Here are my thoughts on this. The communications channel: Virtual teams often begin by emulating the behavior and.

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The Pareto Principle is alive and well in project management

Ron Rosenhead

So let’s start with a definition or an understanding of the ‘Pareto Principle’? “The Pareto principle (also known as the 80/20 rule) states that 80% of the results come from 20% of the causes.”. Let me give you an example of how I used this many years ago. I was the training manager in a company that had a centralised typing pool (I did say it was many years ago).

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Toward a Unified Project Management Understanding

The objective of this research is to dispel misunderstandings about crucial project management terms and their definitions. It aims to accurately place these terms and facilitate a comprehensive global understanding of their meanings.

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RBS is one more technique for your estimation tool belt!

Kiron Bondale

Project managers need to be comfortable with different estimation techniques. Foundational project management courses will teach you about analogous, bottom-up, parametric and three-point estimating. Take a course covering agile delivery and you’ll learn about relative sizing techniques such as estimating poker or t-shirt sizing. But have you heard of RBS?

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C.R.A.C.K. customers

Musings on Project Management

Barry Boehm on the C.R.A.C.K. Customer Dr. Barry Boehm, a noted software methodologist with a long and illustrative career at TRW, DARPA, and USC, and author of the COCOMO model and Sprial methodology, writes about the ideal customer for agile projects. They are: -- Collaborative: they will engage with their customer peers and with the development team -- Representative: they know the.

Agile 150
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Scrum Master vs Project Manager vs Product Owner and More

PM Basics

Eh? Scrum Master vs. Project Manager vs. Product Owner? Sound like comparing apples with oranges. However, in real life, project managers lead scrum teams. Scrum Masters do need project management tools and techniques. I’m asked this kind of questions so many times that I decided to create this in-depth article on roles in different project management frameworks.

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Celebrating Project Success: 5 Things You Can Do

LiquidPlanner

One of the by-products of being an engineer, a project manager, and having served over two decades in the military is that I tend to focus on what’s going wrong, or could go wrong, on a project instead of acknowledging project success. While this is a great mind-set for solving problems and performing risk management, in the realm of managing people it falls short.

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Wrike Alternatives

Binfire

Wrike is a popular project management application used by many and in different market segments. It has a nice feature set which is more than just task management.This article is about Wrike and Wrike alternatives. Like all things in life, one size does not fit all and one application does not fit every project’s needs. Although Wrike might be well suited for some projects, it lacks features, ease of use or structure to support other projects.

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Navigating the Future: Generative AI, Application Analytics, and Data

Generative AI is upending the way product developers & end-users alike are interacting with data. Despite the potential of AI, many are left with questions about the future of product development: How will AI impact my business and contribute to its success? What can product managers and developers expect in the future with the widespread adoption of AI?

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Extending Portfolio Kanban with Enterprise Services Planning

Digite

Transformation approach using the enterprise services view, balancing system demand with capability, planning and prioritization using a visual decision framework, using decision support analytics like probabilistic forecasting and cost of delay. This post extends further on the possibilities of Portfolio Kanban for Enterprise Transformation , building on your reading of the previous posts in this series.

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What is CPM (Critical Path Method)? | Video

Online PM Courses

The Critical Path Method (CPM) is one of the core planning and control methodologies that project managers use. So, what is the Critical Path Method? So, what is the Critical Path Method? And what is Critical Path Analysis (CPA)? Dr Mike Clayton is founder of Online PM Courses.com. Here, he answers this question, in under 5 minutes. Project Management in Under 5.

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Resource Allocation Project Management Software PPM Project Planning and Time Management Schedule Tools

WorkOtter

10 Resource Allocation Tips for Managers Resource allocation can also be considered a plan, which you develop using the resources that are available at your disposal during a project. Resource allocation is a short-term goals road map. We have compiled a list of the top 10 tips to help managers to allocate resources effectively: 1. […]. The post Resource Allocation Project Management Software PPM Project Planning and Time Management Schedule Tools appeared first on SaaS Resource & Proj

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Talent Management of The Future

Leading Answers

We have shifted to Knowledge Work, but how do we find, develop and retain knowledgeable workers? This post examines Talent Management from two perspectives. First, what works well for agile teams.

Agile 68
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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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Combining PRINCE2 and Scrum

Prince2

The Six Nations Championship is underway, which has us thinking about project management (of course). Dr Jeff Sutherland and Ken Schwaber actually invented a rugby-inspired management process named Scrum back in 1995. Like a rugby scrum, its short meetings offer a chance for project team members to reset and regroup. PRINCE2’s 2017 update and the PRINCE2 Agile course make it easier than ever to play PRINCE2 and Scrum on the same team.

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Project Portfolio Management Works for More Than Just IT

Meisterplan

When people hear the term project portfolio management (PPM), many think that it is a process to manage IT projects and investments. This is not surprising considering Richard Nolan first applied the portfolio concept in relation to IT back in 1973 in an article in the Harvard Business Review. Using project portfolio management principles to manage IT investments has been working well for years.

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11 Project Management Conferences to Attend in 2018

GanttPRO Project Management

Professional spheres never stand on the same place. There are always new trends, development paths, and improvements. In some fields, changes take years while in others – quarters or even […].

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The Open Mindedness and Logical Fallacy

Herding Cats

Every once in awhile a reasonably intelligent No Estimates advocate shows up in a Twitter discussion. Although the poster is filled with logical fallacies, like cherry picking personal anecdotes, inversion of economic concept (focus on value, with no consideration for the cost to produce that value), the notion that requesting or even requiring estimates is the source of management dysfunction.

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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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Back Again

The Tao of Project Management

Well it seems like a long time since my last post but here I am back again. The Project As part of my succession planning, I've started working with an old friend and colleague Graham Moore on the next edition of Effective Project Management in easy steps. I did the same thing with my son David Morris on Agile Project Management and I plan to do the same on each of my books as they come up for a new edition, sharing royalties for that edition, then handing it over completely after that.

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Heads down, eyes front and center

Resource Guru

Coding waits for no one! Hey, it’s been a while! How have you been? Did you miss us? We sure did miss writing these updates up for you! While we were away, we were busy keeping up with updates to our development tools and libraries, so here’s a summary of updates that went into production since we last posted: Improved API performance on GET requests by moving some of the API implementation from Rails to Go.

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Issue Log - Template for Prince2 and Agile

Techno-PM

What is an Issue Log? The issue log is a document which aims at capturing and documenting any issues which were brought forward during the lifecycle of the project. Managing a project is a complex process, which many liken to a tightrope act: the PM (Project Manager) must keep their balance while taking into consideration all the variables, tasks and the influence of all the team members and stakeholders.

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Leadership Lessons

Herding Cats

There is an article in the current edition of The Newyorker about a solitary journey across Antarctica, by Henry Worsley. I wrote a paper in 2005 for our Program Management Office Project Managers about Shackleton's ventures from the book Shackleton's Way. Here's the extract from that paper. In 1914 the explorer Earnest Shackleton boarded the Endurance with his team of seamen and scientists, intent on crossing the unexplored Antarctic continent.

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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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What is a Scope Creep?

ActiveCollab

If you are a project manager and don’t know what a scope creep is, you are either new to the gig - or just extremely lucky. But don’t worry, it happens to the best of us. In theory, the scope creep is an uncontrollable expansion of project goals that was not previously agreed upon. It usually starts off small, but ends up in being more than you, your team, timeframe, and budget can handle.

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Improve Your Projects with Problem Definition and Solution Definition

Brightwork

Project Management, in layman’s terms, is how organizations or individuals solve problems. Project Management could essentially be renamed “Problem Solving”, and Project Managers, “Problem Solvers”. Therefore, it is not surprising two key stages in project management are Problem Definition and Solution Definition. In fact, these steps form part of our 5 success factors for project management improvement.

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How to Manage a Remote Team and Stay Productive (From the World’s Top Remote Startups)

Planio

As far as changes to the way we work, few things have had as much of an impact as the rise of remote work. And why not? As our jobs shift from menial repeatable tasks to more independent, cognitively demanding roles the need to be constantly supervised has dropped dramatically. Add to that a plethora of powerful tools that make collaboration and communication easier than ever and it’s no wonder that remote work is seeing such high adoption.

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8 Ways to Improve Brand Value Using IoT

Boost by Brightpod

Marketers need to figure out new ways to promote products and keep them aligned with the latest industry developments. In this article, we will show you 8 tips to improve brand value using IoT. Let’s check them out!

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How Embedded Analytics Gets You to Market Faster with a SAAS Offering

Start-ups & SMBs launching products quickly must bundle dashboards, reports, & self-service analytics into apps. Customers expect rapid value from your product (time-to-value), data security, and access to advanced capabilities. Traditional Business Intelligence (BI) tools can provide valuable data analysis capabilities, but they have a barrier to entry that can stop small and midsize businesses from capitalizing on them.