ProjectManager.com

NOVEMBER 29, 2023

This is done through analysis, planning and managing costs that are related to IT operations, projects and services. To accomplish this requires financial governance, creating and controlling an IT budget, tracking expenses and doing cost-benefit analysis of IT investments. What Is IT Financial Management (ITFM)?

Infrastructure 322

Infrastructure Finance Executing Governance 322

ProjectManager.com

MARCH 7, 2024

You can group and organize your various projects, manage resources and generate reports to get valuable insights on your progress and performance. That doesn’t happen without an organizational strategy to plan for the organization’s long-term success. Organizational strategy has many layers. What Is Organizational Strategy?

Underperforming Technical Team 409

Underperforming Technical Team Initiating Defining Leadership 409

ProjectManager.com

OCTOBER 5, 2023

Cost control is a practice performed across businesses in most industries. Comparing costs is but one way to analyze the financial performance of an organization or project. The lower your costs, the higher your profits. It’s as simple as that. This is why in project management and business in general cost control is so important.

Controlling 334

Controlling Manufacturing Construction Underperforming Technical Team 334

Scrum.org

MARCH 4, 2024

It operates under the principle that every system, regardless of its nature, can be improved through rigorous analysis and thoughtful adaptation. Whether it's a checkout line at a supermarket or a complex software development process, the Kanban philosophy can be applied universally to streamline operations and enhance productivity.

Software Review 172

Software Review Innovation Software Developers Software Development 172

ProjectManager.com

NOVEMBER 23, 2023

Capital budgets can help a company figure out which improvements are necessary to stay competitive and successful. In finance, capital is money that a company has, such as earnings or credit, which it can spend or invest on assets. First, we need to define capital budgeting, what a capital budget is and why it’s important.

Budget 346

Budget Technical Review Software Review Executing 346

ProjectManager.com

DECEMBER 6, 2023

That could be to expand its market share by introducing a new product to the marketplace. The project that develops, manufactures and delivers that new product is strategic, even though it has its own unique goals. What Is Strategic Project Management? This is something that should be thought of when working on big or small projects.

Planning 398

Planning PMO Manufacturing Logistics 398

ProjectManager.com

AUGUST 11, 2022

Also called value analysis, it reviews new or existing products during the design phase of a project and determines how certain substitutions can reduce costs while increasing product value. The shortages demanded a more creative approach, which was found to reduce costs while providing equal or better performance.

Engineering 323

Engineering Construction Manufacturing Software Review 323

ProjectManager.com

FEBRUARY 13, 2024

Scientific management is a theory that analyzes and synthesizes workflows to improve economic efficiency, especially in labor productivity. Who was Henry Gantt and what was the history of the Gantt chart? We’ll provide a biography of the man and a short Gantt chart history. Who Was Henry Gantt? The family then moved to Baltimore.

Engineering 351

Engineering Underperforming Technical Team Influencer Consulting 351

ProjectManager.com

NOVEMBER 11, 2021

For a successful project, you need an overall picture of your work performance information (WPI). Performance reporting provides that information by putting performance measurement, quality assurance and accountability data in context. They can also point out where there’s room for improvement and identify project risks.

Software Review 305

Software Review Underperforming Technical Team Monitoring Executing 305

ProjectManager.com

SEPTEMBER 13, 2023

Manufacturers have to do more than produce a product, they also have to manage their operations. Manufacturing operations management is a method to control the structure and systems used by manufacturers when producing a product or its operations. Just toggle over whenever you want to see how production is running.

Manufacturing 358

Manufacturing Logistics Transportation Controlling 358

Inloox

APRIL 16, 2024

Content What is a SWOT analysis? SWOT analysis in the project management context Why should I conduct a SWOT analysis? How to perform a SWOT analysis Once the SWOT analysis is completed: 5 key approaches for strategy development Concrete example: SWOT analysis in a software development project Conclusion 1.

Artificial Inteligence 100

Artificial Inteligence Underperforming Technical Team Technical Review Development Team Review 100

ProjectManager.com

AUGUST 31, 2022

Operational efficiency is another way to look at work when you’re delivering a service or product, particularly popular in manufacturing. Let’s start with the definition and explore how to improve operational efficiency in addition to ways that using project management software can help manufacturers. What Is Operational Efficiency?

Manufacturing 317

Manufacturing Technical Review Software Review Monitoring 317

ProjectManager.com

SEPTEMBER 26, 2023

Manufacturing engineering, sometimes called production engineering, is a type of engineering that’s concerned with the planning of the practices of manufacturing. The goal is to produce quality products for the least amount of cost. Manufacturing engineering is what keeps those integrated systems operating.

Manufacturing 344

Manufacturing Engineering Technical Review Software Review 344

Rebel’s Guide to PM

NOVEMBER 2, 2023

Managing resources in professional services firms is crucial for maintaining sustainability and achieving anticipated employee performance goals. In addition, it provides actionable insights for improving profitability by maximizing billable resource utilization. How can I stay within the budget with the available resource mix?

Underperforming Technical Team 299

Underperforming Technical Team Technical Review Software Review Estimate 299

ProjectManager.com

AUGUST 29, 2023

Agile A methodology for project and product management, typically used to deliver software projects in an iterative way with short bursts of work called “sprints” Though initially designed as a process for IT and engineering projects, it has since been successfully applied to other industries like marketing.

Software Review 393

Software Review Underperforming Technical Team Lean Event Chain 393

ProjectManager.com

NOVEMBER 28, 2023

Officially defined by the Project Management Institute’s Project Management Body of Knowledge (PMI’s PMBOK) as “the plans, processes, policies, procedures and knowledge bases specific to and used by the performing organization,” operational process assets influence the management of a project. What Is an Organizational Process Asset?

Process 367

Process Executing Controlling Defining 367

Scrum.org

MARCH 14, 2024

A Product Owner guides a product's journey to success. They are accountable for translating customer wishes and needs into a viable and competitive product, using vision, goals, and the product backlog. They link the customer's needs and desires and the team's work, aligning the product with market demands.

2024 180

2024 Innovation Risk Management Defining 180

ProjectManager.com

JULY 12, 2023

There are many project management software products available on the market. OPC has the added benefits of faster delivery and fosters collaboration to improve efficiency and quality. Resource management: OPC offers customizable spreadsheets and histograms for resource allocation and resource utilization analysis.

Manufacturing 264

Manufacturing Construction Risk Management Lean 264

NimbleWork

APRIL 7, 2024

Read on to learn how to boost your productivity using this technology. Improved work efficiency: As mentioned, generative AI can automate various tasks and eliminate manual work in content generation. You can leverage this technology to speed up your processes, improving overall efficiency. billion in 2024 and $738.80

Generative AI 109

Generative AI Artificial Inteligence ChatGPT Fractional VPE 109

ProjectManager.com

JULY 20, 2023

Project management consulting is a type of business that provides expert advice about project management to its clients to help them improve efficiency and know which projects are right for them. The organization might want to resolve a specific question, there could be a leadership void, operations or performance are lacking and so on.

Consulting 381

Consulting Certification PMI Technical Review 381

The Strategic Project Manager

FEBRUARY 14, 2024

This post provides an overview of the VRIO analysis framework, a very useful framework today for both strategists and PM’s. The post then provides specific areas where the framework can be most effectively applied as part of a strategic analysis. What is a VRIO framework analysis in strategy?

Underperforming Technical Team 98

Underperforming Technical Team Technical Review Sustainability Innovation 98

Inloox

MARCH 27, 2024

Definition of the PDCA cycle The initial letters PDCA stand for the four steps in a continuous improvement process (CIP, Kaizen): Plan-Do-Check-Act (Plan-Do-Check-Act). It promotes a methodical approach to problem solving and process improvement, making it a versatile tool that can be used in different industries and project types.

Underperforming Technical Team 100

Underperforming Technical Team Innovation Software Review Software Developers 100

The IIL Blog

OCTOBER 17, 2023

Activity An activity is the actual, specific task that must be performed in a project, i.e., the tactical level of work. Product Owner, Scrum Master, Development team members) who work collaboratively to deliver value in an Agile project. Baseline An original plan for measuring performance and tracking changes.

Development Team Review 148

Development Team Review Project Life Cycle Underperforming Technical Team Estimate 148

MPUG

MARCH 15, 2024

AI operates through complex algorithms and data analysis to simulate human intelligence in machines. These models learn to recognize patterns, make predictions, or perform tasks by analyzing the training data. The quality of AI depends on an algorithm and data sources, which are often unknown to those using the system.

Artificial Inteligence 116

Artificial Inteligence Technical Review Healthcare Risk Management 116

TechEmpower - Project Management

MARCH 4, 2024

AI chatbots are increasingly capable of handling tasks traditionally performed by inside sales reps, such as initial customer contact, basic inquiries, and lead qualification. Post-sale, AI analyzes customer data to improve service and loyalty, making it a cornerstone of modern sales methodologies.

Generative AI 118

Generative AI CTO Hire Fractional CTO Healthcare 118

Scrum.org

SEPTEMBER 10, 2023

Within Scrum teams, the role of a Product Owner is pivotal. The Product Owner is the bridge between the stakeholders and the development team, responsible for maximizing the value of the product. In this article, we'll explore these crucial areas for a Scrum Product Owner's success.

SCRUM 155

SCRUM Development Team Review Underperforming Technical Team Certification 155

Productivity Land

APRIL 2, 2024

Managing these within your company reduces its vulnerability to outside influences and increases its productivity. 5 Things You Can Do for Improving Productivity In small businesses, productivity is one of the most critical factors since profitability stems from it. Planning tasks require detailing and precision.

Software Review 82

Software Review Defining Influencer Risk Management 82

Binfire

MARCH 11, 2024

From e-commerce giants like Amazon and eBay to niche platforms catering to specific services or products, marketplaces have become an integral part of the modern business landscape. Competitive Analysis and Unique Value Proposition A comprehensive competitive analysis is necessary to differentiate your platform from existing alternatives.

Artificial Inteligence 141

Artificial Inteligence Innovation Infrastructure Sustainability 141

Scrum.org

OCTOBER 29, 2023

TL; DR: Scrum Team Failure This post on Scrum team failure addresses three categories from the Scrum anti-patterns taxonomy that are closely aligned: Planning and process breakdown, conflict avoidance and miscommunication, and inattention to quality and commitment, often resulting in a Scrum team performing significantly below its potential.

SCRUM 196

SCRUM 2024 Sustainability Technical Review 196

Scrum.org

APRIL 9, 2023

Numerous industry surveys have been conducted over the last decade that report a number of outcomes from being agile, including an improved ability to manage changing priorities, increased team productivity, improved transparency, improved team morale, and a faster delivery. This is where Agile OKRs come in.

Agile 208

Agile Innovation Executing Sustainability 208

NimbleWork

MARCH 20, 2024

Becoming exceptional, especially as a team, isn’t just about luck—it requires a deliberate focus on continuous improvement and reflection. Studies have shown a clear correlation between retrospectives and improved team performance. This translates into significant improvements in key areas.

Manufacturing 103

Manufacturing Healthcare Software Developers Software Development 103

Productivity Land

MARCH 26, 2024

Both types of data are essential for comprehensive analysis. Armed with these insights, organizations can personalize marketing campaigns, optimize product offerings, and deliver exceptional customer experiences that resonate with their audience. In the era of big data, businesses are inundated with vast amounts of information.

Innovation 75

Innovation 2024 Logistics Initiating 75

Scrum.org

FEBRUARY 5, 2024

Scrum is a framework within which teams work together to deliver products in complex environments. The Sprint Purpose: To contain all Sprint events and deliver a potentially shippable product increment. Facilitates timely value delivery to stakeholders, mitigating the risk of obsolete or irrelevant product features.

SCRUM 145

SCRUM Lean 2020 Sustainability 145

Scrum.org

FEBRUARY 25, 2024

Your single best investment to improve your professional standing ; order the Scrum Anti-Patterns Guide book now! ? From gold-plating projects with unnecessary features to misaligned incentives prioritizing output over outcome, these patterns can profoundly impact an organization’s agility and product value delivery.

SCRUM 180

SCRUM ChatGPT Technical Review Development Team Review 180

Project Accelerator News

APRIL 18, 2024

Often though, hindsight shows that making small tweaks could have been more productive. You can successfully implement a project portfolio that works for your organisation by utilising your existing Microsoft platform more effectively and improve efficiency and quality of delivery across your portfolio by deploying Stoneseed’s P3MO Platform.

Lean 52

Lean Technical Review PMO Innovation 52

The Strategic Project Manager

MARCH 11, 2024

Similarly, if another factor is “Quality,” and your company provides high-quality products compared to competitors, you would plot your company’s value higher on the vertical axis for this factor. This allows you to identify areas where your company is performing well and areas where there is room for improvement.

Technical Review 105

Technical Review Innovation Sustainability Retail 105

The IIL Blog

NOVEMBER 15, 2023

The two components of value were: Value engineering Value analysis The terms were designed for different points in a product’s life cycle. Department of Defense (DoD) was struggling with interpreting the true status of the projects being performed by their multitude of contractors.

2023 158

2023 Engineering Project Life Cycle Technical Review 158