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.

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

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.

Seven Aspects of Project Risk in 2020

Strategy Execution | PMO Perspectives

Ahead of its January meeting in Davos, the World Economic Forum published its Global Risks Report 2020, based on the input of 750 experts and outlining the biggest risks faced by economies over the next 10 years [1]. And if the WEF didn’t see a risk coming, then what hope do we have?

2020 80

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.

Risk 55

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.

How To Do An Effective Project Selection Process?

Project-Management.pm

A stable and sturdy project management is one of the crucial factors to make a project process work. In the corporate world, an organization needs more than just top-notch tools and up to date process to bring the project to its full potential—it also needs a strong manpower, a human resource that has a particular set of skills and capabilities that will greatly contribute the entire organization. The Need for Risk Assessment.

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).

4 Unusual Reasons Why Stakeholder Management Is Important

Girl's Guide to PM

Why is stakeholder management important to project success? However, stakeholder management is a very narrow way of looking at how we work with people on projects to achieve a common goal. What is stakeholder management? One of my favourite project management books.

2020 301

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 426

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 257

How to Make a Marketing Plan Like a Project Manager

ProjectManager.com

And any project manager can tell you that without a plan, a project is aimless and destined for failure. If you’re looking to get the most out of your marketing, then take the time to learn about how to create an effective marketing plan from the perspective of a project manager.

2020 248

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 276

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

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

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

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

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 313

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.

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.

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

Why Productivity in Project Businesses is Flatlining?

The Lazy Project Manager

By structuring your Project Business processes you will be able to analyze what systems need to change and what solutions are possible. The inability to utilize technology to improve processes and information flow is a major reason why Project Business lags in productivity.

2020 225

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.

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 59

The Ultimate Guide to Creative Project Management

ProProfs Project Management

Whether you are working solo or managing a team, goals need planning, management, and execution. . Now when we understand the importance of project management. It helps you execute tasks successfully, handle nitty-gritty, and manage all the unexpected chaos.

2020 64

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 53

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.,

How to Become a Project Manager in 2020

Workamajig

How to become a project manager? This guide answers all your questions about becoming a project manager and landing a great job. If yes, then you should consider becoming a project manager. A project manager manages, well, projects. What Does a Project Manager Do?

2020 101

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.

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

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

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.

Marketing Project Management: How Data Analytics Can Help

Proofhub

They have become an integral part of project management, letting the marketers know the risks as well as control and estimate project schedules and costs accurately for delivering seamless results to the consumers. It can provide a hassle-free approach to marketing project management.

2020 78

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

Dynamic Planning: Refocus, Reprioritize, and Reallocate Rapidly

Planview

As executives consider changing priorities and reducing or reallocating budgets, enterprise portfolio or program management offices (EPMOs) are in the right position to take center stage. Finance, collaborating with EPMOs, can create more flexible funding models in response to change.

2020 95

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. .

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.

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.