Remove Finance Remove Process Remove Risk Management Remove Strategy

Project Management Processes & Phases

ProjectManager.com

If so, it might be time to start implementing proven project management processes and phases at your organization in order to bring your company’s workflow under control. Phases of Project Management. Administrate: Manage the contracts secured in the project.

Digital Transformation Journey in Finance

Epicflow Blog

are the questions arising in the mind of those who haven’t initiated this process in their company yet. When we talk about digitization, we mean the process of putting analog data into a code that can be easily processed by a computer. Artificial Intelligence in Finance.

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Digital Transformation Journey in Finance

Epicflow Blog

are the questions arising in the mind of those who haven’t initiated this process in their company yet. When we talk about digitization, we mean the process of putting analog data into a code that can be easily processed by a computer. Artificial Intelligence in Finance.

Strategic Risk Management and Projects

Strategy Execution | PMO Perspectives

Experienced managers know the value of the ‘elevator view’, that is, knowing when to press the button for the top floor to look down at the bigger picture, and when to descend to the ground floor to get down ‘amongst the weeds’. Strategic Risk Management.

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Strategy Implementation Needs Great Portfolio Management

Strategy Execution | PMO Perspectives

In recent years, portfolio management has evolved from an administrative process, in which projects are selected and prioritised, to one of the key ways in which organisations can focus on strategy implementation. Effective Portfolio Management.

Risk Management Resources

Herding Cats

Risk Management is essential for development and production programs. Risk issues that can be identified early in the program, which will potentially impact the program later, termed Known Unknowns and can be alleviated with good risk management.

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A Compendium of Risk Management Resources

Herding Cats

This blog page is dedicated to the resources used to manage the risk encountered on software-intensive systems using traditional and agile development methods. Let's start with a critical understanding of the purpose of managing risk on software development projects.

Risk 42

Get the ‘Right’ Project Controls & Enterprise Programme Management You Want

Arras People

Project management consultancy Dada Enterprises has released a copy of the webinar it presented on designing the ‘right’ Project Controls Solutions for an organisation. High-Level ERP / EAM Process & Policy Requirements. Programme Management (PgM3).

An Introduction to Supply Chain Management (SCM)

ProjectManager.com

Supply chain management (SCM) is the discipline that manages supplies and processes through all of the stages of a project, product or business deliverable. Getting through these various stages efficiently requires control—that’s where supply chain management comes in.

2019 268

Six Sigma: A Simple Guide for Project Managers

ProjectManager.com

It can mean different things within various organizations or circumstances, but there is a way to broadly outline this business process improvement methodology and define its beginnings, its, rise, its use and its implementation. Test those solutions, and figure out what risks are inherent.

2018 427

Program Manager Job Description – Plus! Cut & Paste Example

ProjectManager.com

If you’re looking for a program manager, then that means you’re looking for someone to manage a project portfolio. A program manager is just that, a person who is responsible for managing several projects at once, and they might even have to manage many programs.

2018 290

Free project management certifications

Moira Alexander

Founded by Harvard University and MIT in 2012, edX is one of the biggest MOOC (Massive Open Online Courses) platforms available and offers many project management (PM) courses. Introductory project management courses. Introduction to Project Management - a self-paced course that teaches practical ways to use project management skills, whether your project is large or small. Intermediate project management courses.

What Can a Project Manager Do Next? The Project Manager Career Ladder

Project Bliss

Have you ever wondered what career path could be next on the project manager career ladder? There are many possible options where you can apply the valuable skills you’ve honed as a project manager. I previously wrote about the different career paths that can lead to project management.

2017 258

Cost and Value Management for Software Development

Herding Cats

This, of course, is a violation of the principles of Managerial Finance and Microeconomics of software development in the presence of uncertainty and scarce resources. Overlooking key project risks. They provide the mechanism for managing cash flow during the course of the project.

2018 64

How to Fund a Software Development Project

ProjectManager.com

The greater the flexibility of the funding strategy, the greater the chance the team will produce a quality product and the greater the chance that they will delight their stakeholders. But greater flexibility generally requires a more skillful approach to governance and project management.

2019 321

Add to the C-Level

The Lazy Project Manager

Well it starts with strategy formulation which is no longer the annual exercise it used to be – nowadays it is an ongoing iterative activity. And since each strategy gives birth to one or more projects this adds to the portfolio constantly.

2017 158

AI In Project Management: 7 Ways in Which AI Will Transform Project Management

Taskque

Artificial Intelligence is disrupting every industry you can think of and project management is no exception to this rule. The report also predicted that projects managed with AI will increase from 23% to 37% in the next three years. 7 Ways AI Will Impact Project Management.

What is a Stakeholder in Project Management?

Planio

A 3-part stakeholder management process for keeping everyone happy. Step 3: Best practices for stakeholder management and communication. Create and enforce transparent processes for communication. Project sponsor: The person or group who is financing the project.

2018 295

The Quality Project Manager: an Interview with Olu Jinadu

Project Bliss

Quality project managers work with teams to ensure the success of quality improvement projects. I asked if he works with project managers and he laughed and said, “Of course!”. This was my view while having in-depth conversation with Olu about quality project managers.

2019 156

Fallacy of the Week

Herding Cats

Five Different Decision-Making Strategies That Don't Need Estimates. A strategy is about turning intangible assets into tangible outcomes. Read Strategy Maps , Norton and Kaplan to see how this is done in practice. Also, read Strategic Performance Management: Leveraging and Measuring Your Intangible Value Drivers. Do the highest technical risk first. ALL risk comes from uncertainty. And the technical risk is only one of three classes.

Top Project Management Conferences in 2020

Epicflow Blog

Willing to attend a project management conference in 2020? The list of international events presented in this paper involves the ones covering not only project and portfolio management challenges but also relevant topics of construction, engineering, product development, and more.

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Top Project Management Conferences in 2020

Epicflow Blog

Willing to attend a project management conference in 2020? The list of international events presented in this paper involves the ones covering not only project and portfolio management challenges but also relevant topics of construction, engineering, product development, and more.

2020 52

What are the Most Critical Project Management Skills?

MavenLink

The demand for critical project management skills continues to experience remarkable growth around the world and there seems to be no slowing down. The report suggests the following sectors will generate the largest demand for project management professionals: Industry Sector.

The Key Aspects Of Project Management

Proofhub

Understanding The Many Aspects Of Project Management “What makes a project successful?” Some say, behind any successful project is a project manager with above and beyond management skills. We will take a closer look at the various aspects of project management.

AI for Project Management

Epicflow Blog

AI is slowly taking over all types of industries, with healthcare, finance, marketing, and the automotive industry each integrating some form of machine learning. It’s also affecting project management, which could see a huge shift toward incorporating AI in the near future. Project Management Institute SVP of Strategy Murat Bicak tells Politico that although it feels like machines are slowly taking over, that’s just not the case. PM News project management AI

Strategic Planning in Business

ProjectManager.com

A strategic plan is a strategy that’s devised to achieve overall goals set by a business, accounting for resources, market restrictions, stakeholder demands and more. Related: Free Risk Tracking Template. What are the changes to structure, financing, etc.,

The 20 Education Venues for Online Master of Project Management

Project-Management.pm

An online master of project management is one of the best investments one has in order to advance his or her certification levels or acquire one. Organizations need project managers who can juggle different operations and processes, all the while achieving the end result of the projects. This is how the online master of project management comes in. The online master of project management is different based on the school. Advanced Project Management.

2017 94

GAO Cost Estimating and Assessment Guide Applied to Agile

Herding Cats

These capabilities are connected to the business strategy. They implement that strategy. The order of the needed Capabilties in defined in the business strategy. . Again, this is the basis of Managerial Finance. Uncertainty creates risk. Uncertanty creates Risk.

Becoming a Project Manager – A Complete Guide for 2018

Paymo App

Are you preparing to become a project manager but you don’t know where to start? We’ve put together an extensive guide for you to serve as a beginning point and reference for your future career as a project manager. – the basic personality traits of a good manager.

2018 113

Biases in Project Management and How to Remove Them

Herding Cats

There is always lots of complaining about the biases introduced into managing projects and making the estimates needed to make project decisions. Because of that, we don't separate the thinking processes into a dual-system. A process based on tangible evidentiary materials. .

3 Key Benefits to Project Stakeholders of Effective Task Management

Keyedin

Your strategy’s set. Now comes perhaps the ultimate challenge – formulating a time and budget focused plan, successfully allocating resources and proactively managing each project through to successful completion. One feature vital to having an advantageous outcome is visibility – benefitting project managers and the resources involved, as well as senior management reporting. The program has the green light.

Using Digital Transformation to Be More Efficient

ProjectManager.com

But it also involves process, in that it encompasses workflows, tasks , approaches and methods. The influence of having a digital transformation will define and shape your strategic direction, risk appetite and budget, technology enablement, pace of change and business agility.

2018 313

How to Effectively Run Construction Management Projects

Wrike

In an industry like this one, it’s no wonder more and more people are interested in learning how to get started as a construction manager and the key steps necessary to effectively perform their duties. Throughout this guide, you’ll find construction management basics, tips and tricks for preventing common obstacles and ensuring consistent success, and a description of the tools you’ll need to use on the job. Everything You Need to Know About Construction Management Projects.

The Impact of Technology on Project Management: Pre-1950s to the Modern Age

Keyedin

Project management (PM) dates back as far as there has been a need to achieve things. Project management as we know it today began to reveal itself during the industrial revolution, when businesses and industries began to expand rapidly and automation was introduced into sectors.

The Impact of Technology on Project Management: Pre-1950s to the Modern Age

Keyedin

Project management (PM) dates back as far as there has been a need to achieve things. Project management as we know it today began to reveal itself during the industrial revolution, when businesses and industries began to expand rapidly and automation was introduced into sectors.

3 Key Benefits to Project Stakeholders of Effective Task Management

Keyedin

Your strategy’s set. Now comes perhaps the ultimate challenge – formulating a time and budget focused plan, successfully allocating resources and proactively managing each project through to successful completion. One feature vital to having an advantageous outcome is visibility – benefitting project managers and the resources involved, as well as senior management reporting. The program has the green light.

Project Portfolio Management Works for More Than Just IT

Meisterplan

When people hear the term project portfolio management (PPM), many think that it is a process to manage IT projects and investments. Using project portfolio management principles to manage IT investments has been working well for years. Senior management recommended whatever projects they thought made sense. Keeping all levels of management informed and aligned. How to Get Started with Project Portfolio Management Have we piqued your interest?

A View from the Top

The Lazy Project Manager

Challenge 1 – invest in the right Portfolio Management. So how can you get across the message that executives need to stop failing their projects without looking like a project manager with a chip on their shoulder? project management apm c.

2017 227

The Role of Bots and AI in Project Management

Proofhub

Project Management is a specialist’s job. But by calling it a specialist’s job, I am in no way undermining the fact, that a typical project manager needs to wear multiple hats at work. prioritize and delegate accordingly and manage the budget.

Know the value of your change

The Lazy Project Manager

We will come on to the definition of this term in one moment but to begin we need to clearly differentiate Challenge 1 – Invest in the right portfolio management, which was all about knowing what your true portfolio value is. Project Management Information Systems.

2017 227