article thumbnail

Business Forecasting: Why You Need It & How to Do It

ProjectManager.com

That includes your industry and its present position, as well as its popular products to better estimate sales and general business operations. Estimating Future Business Operations: Now comes the estimation of future conditions, such as the course that future events are likely to take in your industry.

Estimate 282
article thumbnail

A Brief Introduction to Project Portfolio Governance

Brightwork

An article in CIO Magazine shared two anecdotes (and I’m sure you can tell me more just like them!): A director of information services in one organization estimated that his department had 20 projects in flight. Situations like this are quite common in project management, making strong project portfolio governance essential.

Insiders

Sign Up for our Newsletter

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

article thumbnail

We Asked, You Answered: Your Top Project Management Prioritization Issues

LiquidPlanner

It enables the governance team to navigate critical resource constraints and make the best use of employees and company resources. Building best case/worst case estimates into your schedules from the beginning will help you avoid much of this rework as ranged estimation provides the cushion your team needs to navigate through uncertainty.

article thumbnail

Your Top Project Management Prioritization Issues

LiquidPlanner

It enables the governance team to navigate critical resource constraints and make the best use of employees and company resources. Building best case/worst case estimates into your schedules from the beginning will help you avoid much of this rework as ranged estimation provides the cushion your team needs to navigate through uncertainty.

article thumbnail

Principle Based Management

Herding Cats

Most business departments have a set of standard operating procedures or guidelines that govern how we should respond to standard and even some not-so-standard occurrences we face throughout our workday. It starts with the organization and the governance practices and framework for that organization. Related articles.

2010 34
article thumbnail

How to Stay Relevant At Work (Hint: It’s Called Upskilling)

Teamweek

Today, you might get that tenure and those perks if you work for the government or the military, and even then, it’s a big IF. . According to a study by Training Magazine , U.S. When my grandmother retired after 40 years of teaching, she walked away with a gold watch and a generous pension. Times have changed.

article thumbnail

The Relationship Between Culture and Performance

Leading Agile

So we start with culture, maybe we go to practices and then all those teaming strategies and dependencies and governance and metrics and all that stuff that we struggle with all the time will just kind of work itself out. The Role of Governance Now, this is what I think about when I think about governance.