Sat.Feb 05, 2022 - Fri.Feb 11, 2022

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6 Challenges in project management today

Rebel’s Guide to PM

PMI has released its Global Megatrends 2022 report, which is an analysis of the global forces significantly impacting society and the project management profession today. The report helps project professionals understand the world’s rapid transformation and the global context in which they work so they can use projects to solve complex problems. “The world continues to see ongoing change and uncertainty, impacting our daily lives at home and work,” said Michael DePrisco, Interim President &

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Projects in China: A Challenge?

Inloox

In order to implement projects in China or in other emerging markets, knowledge of how things work in these cultures is crucial. The choice of project manager for such projects is considered highly crucial. Non-Chinese project managers will face some challenges during the project. They will be managing an international team in a foreign market without direct staffing authority.

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PMOs Shifting from Watchdogs to Strategic Enablers

Project Risk Coach

Unfortunately, many Project Management Offices (PMOs) become nothing more than a watchdog, one that ensures compliance to a strict set of rules. In this article, we will explore why this happens and what it takes for PMOs to become strategic enablers. PMOs Have Gone to the Dogs PMOs are started with the best of intentions. Management sees it as a way to give oversight to all the programs and projects.

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Safety is a prerequisite for effective non-solo work

Kiron Bondale

When we consider the benefits of non-solo working approaches such as pair programming or mobbing, the ones which normally come to mind are related to improvements in the speed or quality of delivery. The old adage “two heads are better than one” applies as we are usually able to get more work completed faster and with fewer defects. And by injecting variety by having participants alternate between different roles frequently, we also reduce the likelihood of fatigue.

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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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Why is it a project manager’s job to fix companies?

Rebel’s Guide to PM

Projects are the future, a good portfolio office can influence and shape strategy and project management is the only way to holistically deliver improvements. If you have sat through any project management conference presentations or talked to someone evangelizing about the role of the PMO then you will have heard this stuff before. At the roundtable discussion about project management in the collaborative age way back in 2012, the talk turned to how project managers could shape strategy.

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5 TOOLS TO HELP CREATE PRODUCT GOALS AND SPRINT GOALS

Scrum.org

Since it’s the beginning of the year, it makes sense to talk about setting great goals. As you know, Product and Sprint Goals aren’t optional in Scrum. However, many teams are struggling with it. Btw, stay tuned for an upcoming video on that topic to uncover why setting goals is so hard. It’s not a Scrum Master accountability to set up goals. Instead you need to help your Scrum Team, and especially the Product Owner, to do so.

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The principle of 'calculated risk' (updated)

Musings on Project Management

"In carrying out the task assigned. you will be governed by the principle of calculated risk. which you shall interpret as avoidance of [risk] exposure. without good prospect. as a result of such exposure. of greater [benefit]" (*)Admiral Chester Nimitz to his subordinate admirals, Battle of Midway, June, 1942"You will be governed by the principle of calculated risk"What does.

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Understanding Agile

Rebel’s Guide to PM

This is a guest article by Isidora Roskic. Learning to successfully manage agile projects requires you to first familiarize yourself with the concept of Agile. What is the agile methodology? Where did it start? What does it truly encompass? If you know all of the answers then you’re off to a good start! If not then the following will help. Where it all began.

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Falling in Love with Your Project Plans

LiquidPlanner

Do you have a plan for Valentine’s Day? If not, it is time to get on it, so you are ready with a demonstration of your love for that special person in your life. Speaking of planning, how about your project plans? Do you love them? Are you investing sufficiently to ensure they receive the attention they deserve and will be healthy into the long term?

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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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What Comes Next After Scrum?

Scrum.org

Since I first started working with Scrum in 2005, I have wondered what would eventually come along to replace it. Scrum has now been around for over 25 years, so surely something else would emerge? Approaches including Lean, Kanban, DevOps have appeared and grown popular, but they have not displaced Scrum as the most widely used approach to increase agility.

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Why Culture-First or Practice-First Agile Transformations Don’t Work

Leading Agile

In our industry, we notice there are typically two ways people want to approach Agile Transformation. Either they want to add in practices like Scrum of SAFe and go from there, or try to shift the culture through beliefs and mindsets first. The trouble is, neither of these really works. . Inserting Agile Culture First. It’s a very commonly held belief that if we can change the beliefs and the mindsets of the organization, people will adopt the practices.

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5 ways to increase trust through transparency

Rebel’s Guide to PM

A couple of times people have said to me that sharing the project budget with their team members is Not A Good Idea. I don’t know why that is the case – they are stakeholders too. I think it is essential to be transparent about the budget, how it was created and how you, as a team, are doing with spending it. It helps the project team come together with a common objective, and it helps build trust in the way in which things are being done.

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Help Your Employees Find A Purpose In Their Job

Proofhub

Image Source: ProofHub I was just going through an article that stated?—?half of the workers feel like they have a career, the other half feel like they just have a job. Such stats give an indication of how uninspired the current generation of employees. As a leader, the need to constantly give your employees a motivational boost is more than ever. And, the best way to achieve this is to help them find a purpose in their job.

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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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The essence of Empiricism

Scrum.org

You must have observed a Music Director inside a recording studio with a big keyboard who is busy tunning different button. Haven’t you! Long back, I used to wonder - Shouldn’t they have done all that tunning beforehand rather than doing it while a singer is recording his or her voice? Out of curiosity, I asked my musician friend and what he said had a lasting impression on me - no matter how expert we are, no matter how much logic we apply, everything will be just a prediction of how it will al

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Top 5 Project Budget Management Apps You Need In 2022

nTask

We know how troubling it can be to keep track of your budget. Managing your personal expenses is already a stretch, but the budget of an entire business can be a bit too overwhelming. Thankfully, many project budget management apps can make your work much easier and more fun. A project budget management app allows you to keep your finances in check at all times.

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13 Easy Tips to Create an Agile Persona -The Most Important Attributes Every Organization Needs

Agilemania

If you aim to make your organization more customer-oriented, the focus should be on building a good persona. Your organization’s persona is highly crucial no matter what industry you belong to. . The reason? . For starters, personas collect and define essential information about your consumers. Personas also visualize your consumers’ use habits and interests.

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5 best capacity planning tools for successful project management

Resource Guru

We do capacity planning all day, every day. Ever kept an eye on how much of your bank balance you’ve spent? Considered how many extracurricular activities you can fit in, based on your time and budget? Packed in sightseeing trips depending on interest, expense, and distance? We may not call it that, but we engage in capacity planning on a daily basis.

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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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7 Quick Tips To Make Your Scrum Team More Self-Managing

Scrum.org

Recently, we hosted a workshop for our Patreon community. Its purpose was to use all our personal experiences and creativity, to identify quick tips around team autonomy, and its components self-management, and cross-functionality. It resulted in many great ideas, insights, and actionable quick tips. In a series of blog posts, we share the outcome of the workshop with you.

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Planning Process In Event Management For Beginners

nTask

Event management is one of the most common and effective ways of branding your product, sharing new information or inventions. However, it is a complex field and event management for beginners can be hard. According to research: 98% of the customers are more prone to buy a product or service after attending a relevant event. Moreover, over the past four years, 54% of companies have increased their event spending.” Thus, if you are a beginner and planning to organize an event for your compa

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Your Top 5 Questions Answered about Project Management Principles

Online PM Courses

When PMI articulated 12 Project Management Principles in PMBOK 7, it was a new idea for PMI. But the idea itself was not a new one. The post Your Top 5 Questions Answered about Project Management Principles appeared first on OnlinePMCourses.

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The Risk of Inaction (ROI)

Green Project Management

Investopedia explains Return on investment (ROI) as a performance measure used to evaluate the efficiency or profitability of an investment or compare the efficiency of a number of different investments. ROI tries to directly measure the amount of return on a particular investment, relative to the investment’s cost. This post is not about that. I […].

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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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The Most Valuable Thing to Do Next

Scrum.org

Scrum uses an iterative, incremental approach to deliver value to the business through the medium of the Sprint. For this reason, the purpose of each Sprint is to deliver a Done (completed), usable increment each and every Sprint. It sounds great, but can also feel daunting, and many teams struggle to achieve it. . I remember when I first started trying to use Agile.

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How Do We Translate Agile Transformation Into Financial Benefits?

Leading Agile

How do we translate our Agile Transformation to financial benefits we can measure? Check out this clip where Dennis Stevens explores four areas where financial benefits are created through your Transformation: Value Density. Reducing Head Count Costs. The Total Cost of Ownership. Market and Business Achievements.

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Agilemania – Training, Coaching, and Upskilling Made Easier

Agilemania

Modest Beginnings. Every entrepreneurial journey starts with a great back story. In circa 2019, 5 friends who were also Agile practitioners decided to engage in a serious discussion about the challenges and the problems they faced. After 45 minutes of intense discussion, the group came up with an idea to start their coaching and mentoring firm. They decided to go ahead with Scrum considering its popularity, which led to the inception of Agilemania. .

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What Are the Benefits and Importance of Mass Customization?

The Strategic Project Manager

When mass production rose in the early 1900s with the Model T Ford, the saying went, “You can have any color you want…as long as it’s black!” Mass production grew in importance, but advances in technology have enabled more flexibility and a more modern twist on the theme: Mass Customization. This post explores what Mass Customization means, its importance in strategy, and the Mass Customization benefits that project managers must deliver.

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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.