Project Risk Coach
JANUARY 9, 2017
PMP Exam Series - Cost Management Think about it for a minute – what have you done in the last six months to improve your cost management? Review the projects you’ve completed in the last year. How many of those projects came in over budget? Consider John, a savvy project manager, who was asked to manage a project to replace a dated network system.
Moira Alexander
JANUARY 12, 2017
If you're new to project management and the agile methodology, the answers to these 10 questions will arm you with the information you need to get started. And if you're a project management veteran, these frequently asked agile questions are a good refresher. What is agile? Agile is a project management methodology that uses short development cycles called sprints to focus on continuous improvement in the development of a product or service.
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Rebel’s Guide to PM
JANUARY 11, 2017
If you are looking to attend a project management conference this year, chances are there is something close by that will appeal to you. I’ve compiled this extensive list of conferences both local to me in the UK and around the world. Use this quick link menu to jump to the relevant portion of the year. Make sure you sign up for the free 3-part mini-course on How to Get the Most Out of a Conference before you attend any of these events.
Musings on Project Management
JANUARY 11, 2017
Point: Impulsive and unpredictable are some leader's styles. Such keeps managers -- who revere plans -- off guard and even defensive, but it wreaks havoc on strategy (ever changing) and metrics (rebaselining at every turn). Of course, your competitors may also be constantly off guard. In some businesses (start-ups, sports) and some military situations (See: General George Patton), "impulsive.
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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.
Kiron Bondale
JANUARY 8, 2017
Demos, or showcases as they are sometimes called, are a critical ceremony when they are run effectively as they address multiple project delivery objectives in a single event including: Validating that what the team has completed to date is valuable from the perspective of their customer and other key stakeholders. Helping the team and stakeholders change or evolve their understanding of the desired solution.
Project Management Update brings together the best content for project management professionals from the widest variety of industry thought leaders.
LiquidPlanner
JANUARY 9, 2017
In any given year, I attend a lot of project management conferences. There are always common themes that come up at these conferences, but these days it seems that you can’t turn around without getting smacked in the face by Lean Six Sigma. It’s everywhere, and it’s not a fad. Lean Six Sigma has been growing up for quite a while now. It’s no longer the new kid on the block.
Redbooth
JANUARY 13, 2017
Office space design has yo-yo’ed between closed-door offices, wide-open spaces, and everything in between since (are you ready?) The 1920s. Meanwhile, as closed and open offices fell in and out of favor, communication technologies proliferated from just a phone, to email, teleconferencing, instant messaging, and chat. Open offices are the de facto standard of today’s startups.
Digite
JANUARY 10, 2017
It is not enough to Visualize. You need to be willing to See! A genuine fear lurks while putting final changes to this article a few weeks before the 45th President of the United States takes office. Becoming the most powerful man on the planet is a fine example of a huge and successful project and his phenomenal success flies in the face of some key takeaways in this article.
Ganttic
JANUARY 8, 2017
Resource allocation is a good thing, right? You are managing multiple projects at once. On a Monday, after drafting up a general report, you find that while one of your resources is clearly overbooked for the week with tasks from 4 different projects, there is one resource with the same skillset, that doesn’t have any tasks until Thursday. You reallocate the second resource to the projects that the first one is working on and normalize the workload.
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
TimeCamp
JANUARY 11, 2017
New year, new resolutions… We all know how hard is to stick to all the goals, especially when everything distracts us from achieving them. But the beginning of the year is a great moment to reconsider the habits and start planning the time wisely. That’s why we want to invite you to join the journey […].
Celoxis
JANUARY 9, 2017
Author: Ravindra Wankar, Co-Founder at Celoxis About Celoxis: Celoxis is an enterprise class project management and PPM tool that helps companies streamline management of projects, timesheets, expenses and business processes, specific to their organization. Over the last decade, Celoxis has specialized in delivering improved collaboration and increased efficiency for Enterprises globally, across Industry verticals.
Herding Cats
JANUARY 9, 2017
Risk is everywhere on projects. This risk comes from two types of uncertainty. Aleatory uncertainty, which is the naturally occurring yields variances in the underlying processes. This uncertainty is handled with cost, schedule, and technical performance margins. Epistemic uncertainty comes from probabilistic processes that can be addressed with handling responses.
Velociteach
JANUARY 11, 2017
Whoa, 2016 was a doozy! Many aspirants of the Project Management Professional (PMP)® Certification we spoke to throughout the year had a hard time making the PMP® certification exam a priority, as 2016 brought a lot of challenges and changes. Now that 2017 is here, it’s time to press the reset button and make this […] The post Make 2017 YOUR Year!
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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.
Wrike
JANUARY 9, 2017
In project management , timing is half the battle. Leaders have to keep all the members of the team on track, hitting their deadlines and constantly making progress toward their shared goals. Getting everything done on time and under budget calls for strategy and forethought, and that’s why you need to maintain a clear project plan calendar. There are many different ways to set up a project planning calendar template, and it’s important for every leader to find an approach that works for their t
Fix my Project Chaos
JANUARY 12, 2017
Lately on the blog I’ve been exploring the ten skills that employers want from project managers. Effective leadership is one of the key skill that employers expect from project managers. While managing the project (costs, risks, issues, scope etc.) is important, leading the team (including the extended team) to deliver the required outcome is essential.
Herding Cats
JANUARY 8, 2017
Risk Management is How Adults Manage Projects - Tim Lister. Risk Management requires making estimates of many things. The uncertainties that create the risk - reducible (Epistemic) and irreducible (Aleatory), the impacts from the risks, the efficacy of the corrective actions, the residual reducible uncertainty, and any changes in the irreducible uncertainties.
The Tao of Project Management
JANUARY 13, 2017
Welcome to 2017 I trust you all have a happy and rewarding year. As usual I will be dripping in my thoughts, meditations and opinions as we go, with a little bit about life (or the continuous learning program as I like to think of it). Speaking of continuous learning, I was contacted by Emily of Master of Project, regarding their training courses. I promised to take a look and I did.
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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.
Wrike
JANUARY 12, 2017
If you’ve never heard of Gilmore Girls before, here’s the 5-second intro. It’s an American TV drama/comedy that started in 2000, lasted seven full seasons, generating 153 episodes, featuring strong female characters (girl power!), and creating stardom for its two main actors Lauren Graham and Alexis Bledel. In those seven seasons, the show became well-known for its “walk-and-talks” (scenes where characters exchange important dialogue while walking), the non-stop pop culture references, the rapid
Fix my Project Chaos
JANUARY 12, 2017
Lately on the blog I’ve been exploring the ten skills that employers want from project managers. Effective leadership is one of the key skill that employers expect from project managers. While managing the project (costs, risks, issues, scope etc.) is important, leading the team (including the extended team) to deliver the required outcome is essential.
Herding Cats
JANUARY 7, 2017
Making decisions in the presence of uncertainty with limited resources is the domain of Macro and Micro Economics. Making decisions in resource-limited situations at the national or global scale is macroeconomics. Macroeconomics is the study of how people make decisions influenced by tax rates, interest rates foreign policy, and trade policy. Microeconomics is the study of how people make decisions on a personal scale and treats decisions that individual and organizations make.
Project Management Hacks
JANUARY 12, 2017
Elimination is an underrated productivity strategy we all need to practice. It’s one of the best ways to eliminate that “crazy busy” feeling that make the week feel like a long slog. If elimination is such a great strategy, why isn’t it more popular? There’s a few reasons to consider. First, cultural pressure starting in high school (I have to be well rounded to get into college/university with top grades and “extra-curricular activities”!
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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.
Rebel’s Guide to PM
JANUARY 9, 2017
Today I have a great giveaway for you. When I met Scott Berkun in Texas for the Digital PM Summit last year, he kindly signed two copies of his book, The Myths of Innovation, for me to offer as giveaway prizes. Some of you might know that Scott’s first book, Making Things Happen , is one of my all time favourite project management books. The Myths of Innovation is not about project management, but it is a thought-provoking and excellently researched book about creativity and innovation tha
Ron Rosenhead
JANUARY 12, 2017
The atmosphere in the room was tense so I decided to intervene and summarised as follows: this group is a mix of project managers and project sponsors. this sponsor workshop is focusing on clarifying roles – role of the project manager and role of the project sponsor alongside steering groups (project boards). it seems that roles are not at all clear – there is too much confusion as to who should be doing what and when.
Herding Cats
JANUARY 13, 2017
The notion of the Cone of Uncertainty has been around for awhile. Barry Boehm's work in “Software Engineering Economics”. Prentice-Hall, 1981. The poster below is from Steve McConnell's site and makes several things clear. The Cone is a project management framework describing the uncertainty aspects of estimates or any other project attribute. Estimates of cost, schedule, technical performance on the left have a lower probability of being precise and accurate than estimates on the right.
Musings on Project Management
JANUARY 8, 2017
If you're in the construction industry you probably know about and have experienced "design-build". Notice that there's a word missing after "design", to wit: competitive bidding. Ooops, a typo? No, there is a body of knowledge around this that says that it's faster-cheaper for the same quality to go "design-build" than "design-competitve bid-build".
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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