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Value Innovation Strategy For Strategic Project Managers

The Strategic Project Manager

This post dives into the profitable concept and practice of Value Innovation. It defines it, compares and contrasts it from similar approaches, and then looks at the impact of leveraging Value Innovation in the practice of strategy and project management – developing a Value Innovation Strategy.

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Is the triple constraint in project management still relevant? (Spoiler: No!)

Rebel’s Guide to PM

You get a glimpse of Martin Barnes, inventor of the Iron Triangle, in this video on the history of project management. Factors such as risks , resources (human and otherwise), expectations or even R&D or technology issues for ground-breaking tech projects can be considered as constraints. Going live with innovative new solutions?

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5 kinds of Agile bandits: Special Sprints Bandits

Scrum.org

Enjoy this video? An upward curve of undone work, contradicting the essence of Agile, which is to minimize such backlogs and ensure a sustainable pace of development. In Agile, we manage risk not through detailed plans, as in traditional models, but through the continuous delivery of a working product.

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Digital Value Management System (DVMS)

The IIL Blog

As Cloud Services revolutionized the creation and management of digital infrastructure, the DVMS-CPD Model will revolutionize how organizations leverage the NIST Cybersecurity Framework and other business systems to manage digital risk, resiliency, and client data privacy. Step 4: Conduct a Risk Assessment. Step 2: Orient.

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What Is a Business Model Innovation Capability?

The Strategic Project Manager

This ensures relevance to the customer, and sustainability as an ongoing enterprise. Today, it is often imperative to be capable of innovating Business Models – to change and reconfigure value chains. This post provides a framework – far beyond just a product and service innovation – for Business Model Innovation.

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The Four Actions Framework – For Strategic Project Managers

The Strategic Project Manager

The framework encourages companies to rethink industry boundaries and focus on innovation rather than competition, ultimately leading to the creation of new market space. Raise – They raised the level of innovation and efficiency in the aerospace industry by focusing on rapid prototyping and iterative design processes.

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VRIO Framework Analysis For The Strategic Project Manager

The Strategic Project Manager

When other firms possess similar resources or capabilities, a firm cannot achieve a sustained competitive advantage. It helps to identify areas where they have a sustainable competitive advantage. This enhances long-term profitability and sustainability.