Remove Innovation Remove Sustainability Remove Technical Review Remove Tools
article thumbnail

Benefits Of The Strategy Canvas Tool For Strategic PM’s

The Strategic Project Manager

This post explains what the Strategy Canvas tool is, and how to create a basic Strategy Canvas. Finally, it details the use and benefits of the tool for practicing strategy and project management. What is the Strategy Canvas Tool? The Strategy Canvas tool is a management tool introduced by W. Value: High.

article thumbnail

Why Do Smart Managers Love EBM?

Scrum.org

EBM equips managers with tools to analyze and interpret data, ensuring facts rather than subjective opinions support decisions. Improved Adaptability and Flexibility: The business landscape is continually evolving, with rapid changes in markets, technology, and consumer behavior.

Insiders

Sign Up for our Newsletter

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

article thumbnail

SWOT analysis in project management: definition, instruction & example

Inloox

The SWOT analysis is a strategic planning tool and provides a framework for evaluating internal and external factors influencing the success of a company or project. Overall, the SWOT analysis is an indispensable tool in project management that provides a solid basis for decision-making and strategic planning. What is a SWOT analysis?

article thumbnail

The Scrum Trap: How Unfit Practices Will Harm Return on Investment

Scrum.org

Consequently, it needs to be augmented with tools and practices to apply its theoretical foundation to an organization’s business reality: what problems shall be solved for whom in which market? Some tools and practices have proven highly effective in supporting Scrum’s application and reaping its benefits.

SCRUM 169
article thumbnail

The Illusion of #Velocity ?

Scrum.org

Short-term Wins over Long-term Value : The focus on velocity could lead teams to prioritize work that will ‘score points’ now at the expense of activities that contribute to long-term success and value creation, such as refactoring or tackling technical debt.

article thumbnail

Top 10 Project Management Methodologies – An Overview

ProjectManager.com

A project management methodology is a set of principles, tools and techniques that are used to plan, execute and manage projects. The term scrum was introduced in a “Harvard Business Review” article from 1986 by Hirotaka Takeuchi and Ikujiro Nonaka. What Is a Project Management Methodology? Kanban Methodology.

article thumbnail

How Smart Managers Create an Innovation Culture

ProjectManager.com

Likely with good intention, since it is culture that enables groups of talented but different people to come together in a way that allows a project to be completed, a team to grow and success to be sustained. Another popular word that gets tossed around often is innovation. What Is Innovation? What Is Culture?