Sat.Nov 11, 2023 - Fri.Nov 17, 2023

article thumbnail

Gold Plating in Project Management


Gold plating in project management refers to adding unnecessary features or functionalities to a project beyond its original requirements. It is often done with good intentions, such as exceeding customer expectations or ensuring a high-quality end product. However, gold plating can have negative consequences, including increased costs, extended timelines, and decreased project efficiency.

article thumbnail

6 Effective Ways to Mitigate Resource Risks in Project Management

PM Times

Do you face challenges securing specialized skills for your projects in advance? Is your organization experiencing frequent unplanned employee attrition? Are you finding it hard to identify suitable candidates for critical positions? If your answer is “yes” to the above questions, it’s high time to develop strategies to mitigate these resource-related risks.


Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

What's 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?

article thumbnail

Generative AI – The End of Empty Textboxes

TechEmpower - Project Management

We recently completed a web-based application that uses a unique algorithm to match professionals with new career opportunities. As part of the onboarding process, the app asks both job seekers and employers what they’re looking for - in a text box - while providing a few suggestions in a pop-up. If you’ve ever used a similar application, (or if you’ve ever used the Internet at all) you’ve probably seen this approach before.

article thumbnail

Why and How to Earn Your PMP® Credential

Gaining your Project Management Professional (PMP) certification can be very beneficial for any project manager. Most successful PMP candidates treat preparing for the PMP exam as a personal project. As such, it requires careful planning and a structured approach. Eligibility criteria must be met, and the exam is known for its difficulty, sometimes requiring multiple attempts.

article thumbnail

Project Manager Tips for Communicating With Execs

Bridge the Gap Consulting

It’s well known that effective communication is one of the most critical skills to project management success. Project managers spend the majority of their time communicating. As they advance in their careers, PMs will find themselves communicating with a special kind of stakeholder; the executive! Let me tell you how NOT to communicate with an exec using an experience I had as an example.

More Trending

article thumbnail

Why Project Management? 13 Great Reasons to Go for a PM Career

Online PM Courses

Why should you choose a project management career? It is an excellent choice, and here are 13 good reasons why you should. The post Why Project Management? 13 Great Reasons to Go for a PM Career appeared first on OnlinePMCourses.

article thumbnail

Don’t Blame Agile for Bad Agile


An agile backlash is underway. Some organizations have declared victory, fired their agile staff, and moved on. Others are agile in name only or are “doing” agile but have not fundamentally changed the way they work. We should not blame Agile for bad Agile. The problem is not with the values, principles, and practices. Instead, it is with organizations and their approach to agility.

Agile 81
article thumbnail

How to Manage a Residential Construction Project

There are four types of construction projects: commercial construction, industrial construction, infrastructure construction and residential construction. Residential construction might be the easiest for laypeople to understand as most of us live in these types of structures. But do we really know what residential construction is? Before we get into the management of a residential construction project, we’ll explore the meaning of residential construction and examples of the two major types of

article thumbnail

The Most Common Project Management Pitfalls


Effective project management is the backbone of successful businesses and initiatives. However, even the most seasoned project managers can find themselves entangled in the web of common pitfalls that hinder progress, derail timelines, and threaten project success. In this blog post, we’ll explore the top project management pitfalls and discuss strategies to steer clear of them.

article thumbnail

How to Stay Competitive in the Evolving State of Martech

Marketing technology is essential for B2B marketers to stay competitive in a rapidly changing digital landscape — and with 53% of marketers experiencing legacy technology issues and limitations, they’re researching innovations to expand and refine their technology stacks. To help practitioners keep up with the rapidly evolving martech landscape, this special report will discuss: How practitioners are integrating technologies and systems to encourage information-sharing between departments and pr

article thumbnail

Implementing AI in your projects: how to start and improve

Rebel’s Guide to PM

If you are like many project professionals, you have likely worked with artificial intelligence (AI) in some capacity. In our annual global survey , one in five (21 percent) respondents say they are using AI always or often in project management. Whether you’re already comfortable leveraging AI for projects, or you’re completely new to AI, one thing is certain: the rise of ChatGPT and other commercial generative AI has greatly accelerated AI’s workplace infiltration.

PMI 473
article thumbnail

The Difference Between Right Sizing and Same Sizing of Work Items (and Why You Should Care)

In the world of Agile practices, where adaptability and effectiveness reign supreme, two terms often pop up: Right Sizing and Same Sizing. What does “Same Sizing” even mean? Is it possible to eliminate variability as implied by “Same Sizing”? These seemingly similar concepts can make a significant difference in your Agile journey. Understanding these terms is crucial for effective backlog management and sprint planning if you're a product manager or product owner.

Agile 239
article thumbnail

How to Make a Production Order for Manufacturing

Manufacturers make things, and how much they make is determined by demand and the supply of raw materials. But who makes the decision on the quantity of output and how that information is delivered is processed through what’s called a production order. First, let’s define what a production order is and why it’s so important to the manufacturing process.

article thumbnail

quality Assurance is free; QC is not

Musings on Project Management

Philip Crosby is credited with the idea that "Quality is Free", and he made some money on the book by the same title. still available from e-book sellers.When I first heard that phrase -- around the time Crosby's book came out -- my thought was: If so, what is that line item in my budgeted WBS for quality planning and QC? It's not $0 for sure. So how is "quality free".

Budget 150
article thumbnail

The Essential Guide to Analytic Applications

Embedding dashboards, reports and analytics in your application presents unique opportunities and poses unique challenges. We interviewed 16 experts across business intelligence, UI/UX, security and more to find out what it takes to build an application with analytics at its core. No matter where you are in your analytics journey, you will learn about emerging trends and gather best practices from product experts.

article thumbnail

The Growth in Importance of Project Value

The IIL Blog

By Harold Kerzner, Ph.D. November 15, 2023 All management disciplines, project management included, contain words and expressions that have meanings susceptible to change over time. Some expressions, such as the work breakdown structure (WBS) and statement of work (SOW) have undergone very few changes. On the other hand, the term “project value” has had multiple interpretations based upon the type of project, when in the project life cycle the term is used, and who is using the term.

Agile 158
article thumbnail

Creating a Product Wall (2/7) - Roadmapping

Join the Mastering Agility Discord community! This article continues from the Product Wall introduction article. These series are co-written with Ryan Brook based on our upcoming book. You can download our free Product Wall Mural template here. Now we have covered the general overview of the entire Product Wall, we break it down piece by piece. In this article, we explain the Roadmap section.

article thumbnail

What Is a Service-Level Agreement? (Example & Templates Included)

A service level agreement, often abbreviated as SLA, is used in IT and professional services to define what a vendor is expected to do. It’s part of the contract between any technology vendor and sets up what will be levied upon them if the agreement isn’t upheld. First, let’s explore the definition of an SLA in greater detail, including the different types of service agreements and why they’re so important.

article thumbnail

CSM vs PSM: What are they and How do they Compare?

Online PM Courses

CSM vs PSM: Certified Scrum Master and Professional Scrum Master are the most widely known scrum certifications. How do they compare? The post CSM vs PSM: What are they and How do they Compare? appeared first on OnlinePMCourses.

article thumbnail

From Complexity to Clarity: Strategies for Effective Compliance and Security Measures

Speaker: Erika R. Bales, Esq.

When we talk about “compliance and security," most companies want to ensure that steps are being taken to protect what they value most – people, data, real or personal property, intellectual property, digital assets, or any other number of other things - and it’s more important than ever that safeguards are in place. Let’s step back and focus on the idea that no matter how complicated the compliance and security regime, it should be able to be distilled down to a checklist.

article thumbnail

5 Biggest Mistakes in OKR Implementation and How to Overcome them


Goal-setting is one of the most vital topics for organizations. After all, how can you achieve your objectives if you don’t know what they are? How do you expect to motivate your workforce and create alignment if you don’t have shared goals to pursue as a team? When it comes to goal-setting in organizations, an approach that stood the test of time is the OKR framework.

article thumbnail

Creating a Product Wall (3/7) - Market and Domain Information

Join the Mastering Agility Discord community! This article continues from the Product Wall introduction article. These series are co-written with Ryan Brook based on our upcoming book. You can download our free Product Wall Mural template here. Now we have covered the general overview of the entire Product Wall, we break it down piece by piece. In this article, we explain the Market and Domain Information section.

article thumbnail

Service Request Management in IT: Process & Best Practices

When someone makes a request in the information technology (IT) world, whatever that might be, there’s a process involved to fulfill that request. This is called a service request and controlling that process is called service request management. Of course, there’s more to it than that. We’ll explain in more detail what service request management is and what a service request is, including examples to make it clearer.

Process 325
article thumbnail

Everything Tax Related For Event Photographers

Productivity Land

Paying taxes can be a difficult undertaking for a freelance event photographer. You are not required to have your income withheld by your employer for taxes because the IRS views you as self-employed. Consequently, it is your duty to pay your taxes as well as estimated quarterly taxes and to compute your self-employment tax correctly each year. You can optimize your tax savings even though it can seem overwhelming if you have access to the right tools and information.

article thumbnail

The Credential Everyone Wants: The PMP Certification

The Project Management Professional (PMP)® Certification is one of many professional credentials that is awarded by the Project Management Institute (PMI)®. Currently, there are approximately 1.4 million PMI PMPs awarded by PMI, the world’s leading authority on management. The PMP® certification is accredited against the International Organization for Standardization (ISO) 9001 and ISO/ANSI 17024 standards.

article thumbnail

Bringing Balance to the Agile Culture Conversation

Leading Agile

Culture eats strategy for breakfast was a quote from the legendary management consultant and author Peter Drucker. If that’s true, then what does it mean when there are competing views on culture? What type of culture gets to eat strategy for breakfast? Who gets to decide and why do we have to choose? In this podcast, Mike and Dave sit down to discuss how your personality type influences the way you see and value culture, and the implications that can have on your business.

Agile 62
article thumbnail

Balancing Self-Management and Guidance: The Art of Agile Leadership

Embraced across industries, Agile frameworks offer a flexible approach for delivering complex products. At the heart of successful Agile implementation lies a delicate equilibrium between autonomy and guidance - a balance that Agile leaders must master. This article explores the art of Agile leadership, delving into the challenges of finding the right equilibrium between allowing teams to self-organize and providing enough guidance and structure for seamless Agile execution.

Agile 172
article thumbnail

Collaborate 2023: Wrike Lightspeed Sessions You Need to See


The year ahead is pointing to fresh challenges in work efficiency and our new work management platform, Wrike Lightspeed, can unlock peak productivity. To help you get even more out of Wrike, we created Collaborate, our conference for modern work efficiency, to help improve your insight into modern work management challenges and learn how individuals, teams, and organizations like yours leverage Wrike to increase efficiency.

2023 74
article thumbnail

How Many of These 8 Stakeholder Analysis Tools Do You Know?


In the data business, backup and redundancy is paramount. And there is a saying: ‘If you only have one copy, you have no copies.’ My approach to Project Management has a similar philosophy: ‘If you only have one tool, you have no tools.’ I like a big selection of tools to call upon for any Project Management job I may want to take on.

article thumbnail

ABM Evolution: How Top Marketers Are Using Account-Based Strategies

In times of economic uncertainty, account-based strategies are essential. According to several business analysts and practitioners, ABM is a necessity for creating more predictable revenue. Research shows that nearly three-quarters of marketers (74%) already have the resources needed to build successful ABM programs.

article thumbnail

Understanding the Importance of Emotional Intelligence in Leadership

The IIL Blog

By Brian Scott November 15, 2023 1. What is Emotional Intelligence? “Emotional Intelligence (EQ) is the ability to recognize, understand, manage, and effectively use emotions in ourselves and others. It involves empathy, self-awareness, self-regulation, motivation, and social skills.” Kendra Cherry, 2023. “Emotional intelligence is defined as the ability to understand and manage your emotions, as well as recognize and influence the emotions of those around you.

article thumbnail

Sprint Estimation: A Guide to Planning in Scrum

Estimating what can be delivered in a single Sprint is a question that stumps many Scrum teams. We start with a simple premise: the Scrum Guide, a compass for many, surprisingly, doesn't mention 'estimates' but talks about 'size'. I'll take you through the nuances of understanding the size of work and how it contrasts with traditional estimation. As we delve deeper, the narrative becomes more complex, akin to navigating a labyrinth.

article thumbnail

Digital Banking: Solutions Required to Mitigate the Cyber Crimes


The millennials prefer to perform online transactions compared to in-person withdrawals of money. The Digital means are convenient, and they save the time of customers. Due to this, the banks have even reduced their branches in 2023. Primarily, people in Poland find it safe to use e-banking. Only 4% of the individuals do not prefer it and think their data is not secure.