Sat.Jan 15, 2022 - Fri.Jan 21, 2022

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The Triple Constraint in Project Management: Time, Scope & Cost

ProjectManager.com

The triple constraint of project management has been given many names – the Project Management Triangle, Iron Triangle, and Project Triangle – which should give you an idea of how important the Triple Constraint is when managing a project. If you’re managing a project, then you’re working with the Triple Constraint. Therefore, it can be easily argued that the Triple Constraint might be the single most important concept in the history of project management.

Budget 499
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The Value of Informal Communication

Bridge the Gap Consulting

A 30 minute coffee meeting turned into 90. Before we knew it, we both had other meetings to go to. Where had the time gone? What started as reviewing the scope of a program turned into a conversation about our personal lives, one that found many commonalities. Your kiddo swims? So does mine! My family enjoys camping in the summer also. You worked with [name] at [company]?

Defining 105
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Own Your Own Professional Development

PM Times

This year (2022) is the best time to talk about something interesting – that is professional development. Why do I think you may be interested in this topic? Well, a recent (Sep 2021) survey conducted by HR Platform Employment Hero [1] via about 1000 survey respondents found that 48 percent of Australian workers planned to […]. The post Own Your Own Professional Development appeared first on Project Management Articles, Webinars, Templates and Jobs.

2022 97
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The Cost of Workplace Bullying

Rebel’s Guide to PM

This is a guest article by Paul Paul Pelletier LL.B., PMP. Paul Pelletier. Ending bullying is good for business. Let’s forget for a moment about the moral, emotional, and ethical reasons why organizations should eliminate workplace bullying. Instead, let’s focus our arguments on profits, financial incentives, and ROI. Perhaps the key to unlocking organizational response is to focus on the broader business impacts that could harm the bottom line, lessen program and project success, and wreak havo

Executing 217
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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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What Is a Project Scope Baseline & How to Create One?

ProjectManager.com

Learn what is a project scope baseline and how to make one. In this video, our host Jennifer Bridges PMP explains how to define the project scope and why it is important to create a scope baseline for your projects. But before we move into that, let’s start with the definition of a project scope baseline. What Is a Scope Baseline? A scope baseline is an approved version of your project scope, which is documented in a scope statement , work breakdown structure (WBS) and WBS dictionary.

More Trending

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Improve Your Productivity & Get Rid of Your Project Demons

LiquidPlanner

Reflecting on last year, we can all identify things that undermined project progress or inhibited success. I call these things Productivity Demons or Project Demons. They consist of the little things in a project that you don’t want to do, that you procrastinate or try to delegate ineffectively. You know they need to be done, but drive you a bit crazy so you avoid them at all costs.

2022 147
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The Pareto Principle in Project Management

Inloox

The origin of the Pareto principle The Pareto principle goes back to the Italian Vilfredo Pareto. This scientist and sociologist found out that 80% of the Italian national wealth is owned by about 20% of Italian families. Now you probably ask yourself what the distribution of the Italian national wealth has to do with project management. The American Joseph M.

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How to Create a Workflow Diagram for Your Project (Free Tools Included)

ProjectManager.com

A workflow diagram lets you view the whole project in one flow chart. All of your tasks and how they move from one to the next are outlined in the project plan , of course, but having a visual is a quick and easy method to see the big picture. Every tool that helps define the project and make it more manageable is valuable. What Is a Workflow Diagram?

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Top 10 Challenges Faced by Scrum Masters and Ways to Overcome them

Scrum.org

. The portrayal of a Scrum Master on a Scrum Team is barely the same as the role of the traditional Project Manager. A project manager generally has to go through a hierarchy of a pyramidical system. Scrum Masters have their own ways of not being an overlord in the traditional sense and are more focused on being the facilitator at the same level as others on their team.

SCRUM 221
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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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The art of unshipping: How to deprioritize features, phase out projects and sunset products

Planio

In 2017, Apple did something no one expected. They removed the headphone jack on their latest iPhone. The media called it a mistake. Users took to Twitter to announce they’d rather jump ship to Android than deal with another dongle. By the public response, the announcement was a huge mistake. But why would the world’s most valuable company risk upsetting their legions of fans?

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What are the Barriers to Rapid Digital Transformation?

Planview

When KPMG asked CEOs how the COVID-19 pandemic impacted their digital transformation plans, 74 percent said it accelerated the digitization of operations and the creation of a next-generation operating model by months, if not years. Yet for some organizations, the initial hustle to transform can get bogged down by obstacles throughout the company. What are the barriers to rapid digital transformation?

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Four Functions of Management: Planning, Organizing, Leading & Controlling

ProjectManager.com

The word management is often treated as if it has four letters. But try getting anything done in a fast-paced work environment without applying the four functions of management. No matter what type of work you do, having a clear understanding of the four functions of management will help you do that work more efficiently. It’s all about adapting to whatever work environment you’re in and making it perform better.

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Use Kanban and Flow Metrics to Reclaim Your Daily Scrum

Scrum.org

Every Scrum Team, at some point, will struggle with how to facilitate the Daily Scrum. This event is the source of endless misunderstandings, even including what it's called. It's the Daily Scrum, not the "stand-up.". Purpose. "The purpose of the Daily Scrum is to inspect progress toward the Sprint Goal and adapt the Sprint Backlog as necessary, adjusting the upcoming planned work.

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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 project pipeline tracker?

nTask

As pipelines are used to create smooth water flows, a project pipeline tracker is used to create smooth project flows. Sounds interesting, right? Hurdles, roadblocks, and bugs are bound to occur; however, creating a pipeline can help to mitigate all of that to a great deal. According to a report , in 2021, 34% of projects were completed on time, compared to 29% in 2020. 45% had a record of their project success as well.

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How to Pass Implementing SAFe SPC Training Exam in your First Attempt

Agilemania

Becoming a SPC is a dream many have but only a few can realize. Here’s a simple guide to help you pass the SPC Certification. Before we proceed, here’s a word of advice. Go for the SPC exam only if you truly wish to become a SAFe Program Consultant. If you aspire to become an Agile Coach and then need to lead the SAFe implementation in your organization, becoming a SAFe Program Consultant is the right choice.

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The Benefits Triple Constraint of a Project

The Strategic Project Manager

Most project managers are familiar with the Triple Constraint, or Iron Triangle. It focuses inwardly on the project constraints of Scope, Time, and Cost. But what about an ‘outward’ focus – one focused more on strategic elements that also define whether the project is a success or not? This post examines an outwardly focused set of constraints called the Benefits Triple Constraint.

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Product Owner Interview Guide: The Product Mindset

Scrum.org

TL; DR: Product Owner Interview Questions: The Product Mindset. If you are looking to fill a position for a Product Owner in your organization, you may find the following 82 interview questions useful to identify the right candidate. This 8th set of Product Owner interview questions addresses the product mindset. The questions are derived from my sixteen years of practical experience with XP and Scrum, serving both as Product Owner and Scrum Master and interviewing dozens of Product Owner candi

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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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5 Best Mac Based CRM To Use In 2022

nTask

Are you looking for the best Mac Based CRM for your company? We’ve gathered a list of the top 5 tools for your business. A CRM tool is pivotal to gaining leads and retaining customers in every organization. A Mac based CRM tool is made specifically for Mac users. However, it includes all the essential features like any other CRM tool. So, let’s go through this blog to find the top 5 Mac-based CRM tools, features, customer reviews, and pricing.

2022 78
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Weekend Habits To Succeed In Life (4th One Is A Real Game-changer)

Proofhub

Source: [link] “ If you are going to achieve excellence in big things, you develop the habits in little matters. Excellence is not an option, it is a prevailing attitude. ”?—?Colin Powell I was going through my daily medium feed when I stumbled upon this beautiful article on weekend habits. It talked about how a small experiment that involved time-tracking during the weekends helped the writer realize she had more time than she ever thought she had.

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The Engagement Triple Constraint

The Strategic Project Manager

While scope, cost, and time are always a concern in project management, success with them does not by itself mean project success. Fulfilling the project’s purpose gets you a lot closer…but that’s high level. Implementing a successful project requires tradeoffs – in external areas that require external help. What Is the Engagement Triple Constraint?

PMO 97
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Can you be Agile with fixed-bid Projects?

Scrum.org

I always get one question from the candidates: Can Agile be applied in a fixed-bid project? When I ask them more information, their context is. They have. Fixed Date: A new or change request must be delivered by a defined deadline. Fixed-scope: A release that must have a specific set of features delivered. Fixed-budget: A budget is already fixed which cannot be exceeded. .

Agile 221
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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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Top 5 Ways Your ALM Tooling Strategy May Be Blocking Transformation

Leading Agile

Ultimately, the Application Lifecycle Management (ALM) tool your organization chooses or the way that it is configured—no matter how great—is not going to transform your organization. However, your organization’s tooling strategy (or lack thereof) can make the Transformation far more difficult than necessary. Your ALM tool should work to enable the system to which your organization is transforming.

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ACP Live Lessons Success Story: ACP Live Lessons is the Best Way to Earn Your PMI-ACP Credential

Management Yogi

By Sindhu Pillai, PMI-ACP, PMPIntroductionOne year ago, I attended an interview and the interviewer asked me a large number of questions on Agile methodologies. I couldn’t even answer a single question properly. I took it very personally and felt very offended by it. I made up my mind to master this topic and decided to earn the PMI-ACP credential.

PMI 88
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Understanding Dependencies in Project Management

Wrike

In project management, identifying and handling a variety of dependencies is one of the most important tasks team leaders will manage. The challenge is that dependencies in project management are often complex. There are different types of dependencies that need to be considered in different project phases. In this article, we’ll dive deep into project dependencies by going over types, examples, and how Wrike can be used to seamlessly manage them all.

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Product Owner Interviewfragen: Das Produktdenken oder Product Mindset ????

Scrum.org

In Kürze: Das Produktdenken oder Product Mindset. Wenn Sie in Ihrem Unternehmen eine Stelle für einen Product Owner besetzen möchten, können Ihnen die folgenden 82 Interviewfragen helfen, den richtigen Kandidaten zu finden. Dieser 8. Block von Interviewfragen für Product Owner befasst sich mit dem Produktdenken oder — neudeutsch — dem Product Mindset.

SCRUM 204
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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.