Remove product-manager-vs-project-manager
Remove Estimate Remove Lean Remove Software
article thumbnail

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?

Estimate 393
article thumbnail

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? What Is Scrum?

SCRUM 440
Insiders

Sign Up for our Newsletter

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

article thumbnail

Kanban History: Origin & Expansion Across Industries

ProjectManager.com

Kanban history has informed everything from manufacturing to software development. The kanban tool has become commonplace in project management and its uses continue to expand. While kanban systems were once analog, they have since moved into the digital space and are often found in project management software.

article thumbnail

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.

article thumbnail

Runn Software Review

Rebel’s Guide to PM

You’re a professional services firm, but PSA tools just aren’t robust enough to manage the resource requirements for in-flight projects and the pipeline for workload management. Runn brings together the people side of your business with powerful project resource management features. Product: Runn.

article thumbnail

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.

Lean 103
article thumbnail

Useless Agile Metrics

Scrum.org

Learn more about useless agile metrics, from individual velocity to estimation accuracy to utilization rates. ? Comparing velocities may lead to unhealthy competition and encourage teams to inflate estimates, also known as cooking the agile books. Shall I notify you about articles like this one?

Agile 188