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Exploring Estimation Approaches: What is the Right Fit for Scrum Teams!

Scrum.org

Estimation is a complementary practice Scrum Teams use in Product D evelopment. The purpose of estimation is to provide a rough idea of how much effort, time, and budget are needed to complete specific features or PBI- Product Backlog Item of the product. or T-shirt sizes (XS, S, M, L, XL, etc.).

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How to Manage Project Scope Without Scope Creep (with examples)

Rebel’s Guide to PM

Scope creep is the more common term but you might hear both, especially if you are working in software development. Ultimately, it isn’t the project manager coming up with new requirements and asking the team to “just do it”. What’s so bad about scope creep anyway? It takes its toll on team morale.

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How to create a competitive analysis (examples and free template)

Planio

In this guide, we’ll go deep into what a competitive analysis should include and then provide a step-by-step guide (including examples and templates) to help you create your own. If you’re a founder, product strategist, or team leader looking to beat the competition and deliver for your customers, this article is for you!

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Construction Budget: A Quick Guide (with Examples)

ProjectManager.com

Creating a construction budget, therefore, is one of the most important pieces when developing a construction plan. A construction budget is an estimate of the money required to take a construction project from initiation to closure, including all associated costs and expenses that are accrued during the building process.

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How To Motivate Your Project Team

Rebel’s Guide to PM

Ruth Pearce knows everything there is to know about motivating your project team. I caught up with Ruth to find out more about how to motivate teams and why it’s something you should be actively doing. Why do you think motivation on project teams is so important? She’s even written the book on it. I love this question.

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Agile Metrics — The Good, the Bad, and the Ugly

Scrum.org

Suitable agile metrics reflect either a team’s progress in becoming agile or your organization’s progress in becoming a learning organization. At the team level, qualitative agile metrics often work better than quantitative metrics. A team may have deliberately built some temporary solutions to speed up experimentation.

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How to Calculate Project ROI [Steps, Formula, Example]

Teamweek

Project managers often struggle to calculate project ROI and communicate a project’s financial value to stakeholders as they might not have the right tools or processes to do so. You’ll learn proven steps, formulas, and examples to calculate and improve project ROI. Negative ROI Negative ROI is as bad as it sounds.