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Kanban vs. Scrum: What’s the Difference?

ProjectManager.com

Kanban and scrum are agile project management methodologies that can be used for similar purposes, but each has its unique pros and cons. As a project manager, it’s important to understand the difference between kanban and scrum so you can determine the best approach for your team. What Is Kanban?

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Rough Order of Magnitude (ROM): Understanding ROM Estimates

ProjectManager.com

No one needs to tell you that projects cost money. The closer you can come to an accurate forecast of project costs, the more likely you’ll deliver a successful project. Rough order of magnitude (ROM) can help you better estimate project costs. But what is ROM and how can you calculate ROM estimates?

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Kanban History: Origin & Expansion Across Industries

ProjectManager.com

The kanban tool has become commonplace in project management and its uses continue to expand. For those unsure what kanban is, we’ll first explain the kanban system and then go into kanban history from its development to its uses in manufacturing, project management and software development. Kanban as a name came later.

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Production Capacity: Formula, Examples

ProjectManager.com

Production capacity is an essential metric for manufacturers. It informs their production planning, helps them give their customers more accurate lead times and forecasts cash flow. To better understand production capacity, we’ll define the term and go into greater detail as to its importance in manufacturing.

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Return On Investment Vs Lean Agile Metrics for Strategic PMs

The Strategic Project Manager

There are well-established ways to evaluate investments – and potential projects – for an organization. However, the speed of change has made these methods less reliable – and ushered in a more lean-agile approach to metrics. Traditional financial metrics like ROI (and others to be explored below) are still relevant!

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Lean Portfolio Management: Lean Budgets and Investment Funding

Planview

This blog is part of a series on Lean portfolio management. If you haven’t already, we recommend reading part one first, “ What is Lean Portfolio Management ,” which you can find here . In this post, we’ll discuss a fundamental component of Lean portfolio management: funding. Then, teams get to work.

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Lean portfolio management

Techno-PM

The lean portfolio management is a new way to look at the old problem of balancing cost vs. value in product development projects. The idea behind this method of managing projects is to identify and manage only the most important tasks at any given time, so as not to overload your team with too many things to do.

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