What Is Strategy?

Arras People

But what exactly is strategy? Wikipedia defines strategy as a “high level plan to achieve one or more goals under conditions of uncertainty” Yet strategy is different from vision, mission, goals, priorities, and plans. Project Management business strategy strategy

Insights into the Project Management Job Seeking Process

Arras People

Over the years Arras People has been dissecting and writing about the project management recruitment process on the Camel Blog, providing advice, hints and tips on how any project management jobseeker can improve their job hunting tactics. Application Process. Short listing Process.

Trending Sources

Connecting Project Benefits to Business Strategy for Success

Herding Cats

The answer is they come from the Strategy of the IT function. Where is the strategy defined? What are the measures of the outcomes connected to each other and connected to the top level strategy to the strategic needs of the firm. NoEstimates Balanced Scorecard Strategy

Cut, Cut, Cut: Elimination Strategies To Boost Productivity

Project Management Hacks

Elimination is an underrated productivity strategy we all need to practice. If elimination is such a great strategy, why isn’t it more popular? Before you start the elimination process, you need a positive aim.

How to connect business strategy with project management

Moira Alexander

Think of the strategy and PM connection in construction terms, where the step of pouring footings and foundations needs to adequately support all other work that follows and ultimately the final structure -- in this analogy the final structure are the end goals. Suresh Srinivasan, CTO at NYU Langone Medical Center , tells CIO, within the NYU IT department there are two key components that link the business strategy and project management.

You Won’t Believe What These Five Lenses Can Show You About Your Product

Tyner Blain

The Product Strategy Grid. Steven Haines wrote The Product Manager’s Desk Reference , and from ( the first edition of ) his book I learned about the product strategy grid. I believe the product strategy grid is a fantastic tool for.

2015 72

The 5 Reasons You Need Planning a Strategy

Project-Management.pm

Planning a strategy is time-consuming; apart from exerting so much time and effort in it, you need to gather experienced people for the job. And the people should be devoted and not chicken out once the strategy plan is implemented. Another factor to take note is when planning a strategy; you cannot go wrong with specific and clear details. From the plan down to its tasks , the strategic plan should be free from vague information and confusing processes.

High Turnover? 8 Strategies for Employee Retention

Brad Egeland

The scouting and rehiring process costs precious money and time, resources that could be better used on completing company projects. Here are eight organic strategies that can improve your employee retention rate.

Why your business strategies must constantly change

Moira Alexander

Policies and processes. In today’s business environment, knowing how to successfully navigate these changes and develop appropriate and effective processes to properly manage such change is a must. It’s virtually impossible for organizations to make sound strategic decisions and completely accomplish objectives when deprived of strong change management strategies. “If you do not change direction, you may end up where you are heading.” -Lao

2015 17

5 Ways Project Management and Lean Manufacturing Speed Up Processes

LiquidPlanner

The challenge with lean is that, despite its attraction to many executives who want to cut costs and increase productivity , a lean process doesn’t happen overnight. Here are four examples of how lean manufacturing principles and project management approaches intersect, and make your process faster and better: 1. This is never a successful strategy! Lean manufacturing programs are known for making the process and associated metrics visible.

Lean 23

The Magic 7 Project Portfolio Management Process Steps

Project-Management.pm

And the answer to all of these is in the guise of project portfolio management process steps. The project portfolio management process steps mentioned below cater to all types of organizations that execute portfolio management to reach their business objectives and their strategic goals. Remember that these project portfolio management process steps don’t fix your woes within a day or week; treat it as the start of your path towards an efficient portfolio. .

Good Enough

Tyner Blain

MVP is an experimentation process, not a product development process. MVP / Lean Startup is a learning process fueled with hypothesis testing, following the scientific method. Instead of trying to shoehorn it into a product-creation process, simply don’t.

2014 102

The Potential of Agile

Tyner Blain

If you decide in advance which problems are important to solve, then you will get roughly the same amount of value out of your solution regardless of what process you use. The agile process gives you frequent opportunities to validate the hypotheses on which your product strategy is built.

Agile 76

Agile transformations should lead with changing mindset and behavior rather than practices

Kiron Bondale

This reinforces the importance of a change strategy for all levels of stakeholders involved with the project. Tagged: agile project management , improving project management , Process compliance stupidity.

Agile 61

Opposite Views of a Product Roadmap

Tyner Blain

We start this process with a point of view of the relative priority of solving each problem. Feedback from customers – throughout the product creation process – helps us improve this list of problems.

2014 107

Project Management Career Q&A – Strategic and Business Management Development

Arras People

Strategy management, financial planning processes; portfolio management and strategy execution are all areas for consideration. Q&A Project Management Careers Business Management business strategy PMI Strategu strategy Talent TriangleAs a project manager thinking about my development for the coming year, what would you recommend in the ‘strategic and business management’ portion of the Talent Triangle?

It’s time to introduce a selection process for project sponsors

Ron Rosenhead

In our book “Strategies for Project Sponsorship” (published by Management Concepts) we made the suggestion the company should be making every effort to interview for project sponsors. Strategies for Project Sponsorship published by Management Concepts.

2020 11

Agile Through a Matrix Lens

Tyner Blain

Instead of having a long, throw it over the wall process, out of which emerges a deliverable; a team will have a series of shorter iterations where they engage stakeholders and otherwise rethink what they are doing to course-correct and “get smarter” about what they are doing.

2014 62

Content/Process Workshop

Brett Harned

If you work on any web design projects, you know that finding the right ways to account for content in the overall process can be difficult. You've got goals to meet, expectations to set, stakeholders to inform, a strategy to develop, and a whole mound of content to rewrite.

Closed Loop Control and Granularity of the Estimating Process

Herding Cats

DP6Jw is an overview of this process. To control this process using feedback and corrective actions ‒ in the same way, your closed loop controller for your air conditioner or heater does - a sampling rate is determined based on the rate of change of the underlying processes. These measures, corrective actions, and resulting outcomes operate in the presence of statistical and probabilistic processes. Stochastic process control is the field of study.

How to Talk About Estimates

Herding Cats

There you'll also find materials on risk management, capabilities-based planning, and other agile processes as they are applied to Software Intensive System of System for mission critical programs where we work. What is an estimate?

Definition of Done

Herding Cats

Estimating Processes in Support of Economic Analysis. Agile Business Capabilities Decision Making Estimating Management Performance-Based Project Management® Principles Project Management Requirements Risk Strategy Technical Performance Measures

SCRUM 26

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. Cet article How To Do An Effective Project Selection Process?

How to Make Change Management Bearable For Everyone ?

Project-Management.pm

It’s a process to enhance the organization’s performance, as well as paving the road to numerous opportunities such as changes in job roles, structure, and work system. With these changes come a set of process or approaches to take into account to ensure that changes benefit the organization. The Truth About Change: Why It Is A Complicated Process. People prefer monotony because they are used to it the whole process. Process Change.

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.

2014 12

Managing Your First Strategic Initiative

Arras People

Equally an internal review of current business performance can also be the trigger for strategic initiatives that require process improvement to improve costs. The nature of so many stakeholders necessitates communication processes that serve vastly different audiences.

Where is the Adult Supervision on this Program?

Herding Cats

This is a rookie mistake in the process improvement business. Most of the time when we come onboard to put the project back on track, we find missing processes, missing data produced from those processes, and most of the time people behaving badly. But the naive notion that people can operate on a non-trivial in the absence of a process is just that - naive. . Architecture Estimating Strategy

Increasing the Probability of Project Success

Herding Cats

This means having a set of Principles, Process, and Practices to test the suggestion against. These Five Immutable principles are time phased into Processes that provide answers to the Five Principles. With some details for each process area. Hope is not a Strategy.

Fallacy of the Day

Herding Cats

The requirements documents (in whatever form) are the basis of the process to verify these needed capabilities with customers and internal or external stakeholders and validates these requirement meet to need strategic intent of the work. [2]. The requirements process begins with the analysis and elicitation of the objectives and constraints of the organization needed to meet the strategic goals in the form of Capabilities. [1] 2] " Aligning IT to Organizational Strategy ," . [3]

Do Start-Ups Need Project Management?

Arras People

But does project management really have a place in a startup with its structured project management process? Because start-ups need strategy and clear plans to establish sound business practices, as well as trying to obtain and retain customers.

Whole Product Game

Tyner Blain

Theodore Levitt’s model is one for developing marketing strategies around a product, but we were using it to develop a roadmap. How can Theodore Levitt’s classic Whole Product approach help with defining a product roadmap?

2013 14

Successfully Pivoting Your Sales Strategy

amium

In the article, Yuri shares some valuable lessons that we learned when we redefined our go-to-market sales strategy when we launched Amium. Through Yuri’s article, readers can get an inside view of how a company pivot affected our prospecting approach, changed our sales management strategy, and helped define the new skills that our sales team needed to succeed in the new model. The post Successfully Pivoting Your Sales Strategy appeared first on Amium.

4 Tips for Avoiding Bad Project Management Habits

Backlog

Without a detailed plan, it is impossible to reliably predict delivery dates, foresee upcoming issues, or adjust strategy quickly when necessary. As a project manager, forming good work habits is essential for running a high-performing team.

2016 106

Maintain a Healthy Project Portfolio with Metrics and Reviews

Arras People

Maintaining a healthy portfolio requires organizations to align the portfolio with strategy and to select suitable metrics to track progress. Project Portfolio Management and Business Strategy. There is a circular link between strategy and project portfolios.

Agile Cadabra

Tyner Blain

Changing from a waterfall process to an agile process changes how your team works, and helps eliminate inefficiencies. Adopting an agile process does not let you magically have a more successful product. Agile is not magical.

2014 67

Agile Project Management Methodology Explained

Azendoo

In this article, we will explain what agile project management is, define its process, tell you why agile might be right for your next project, and finally a few downfalls of this methodology. This is a popular process for aligning development with customer needs. The Agile Process.

Agile 54

Maintain a Healthy Project Portfolio with Metrics and Reviews

Arras People

Maintaining a healthy portfolio requires organizations to align the portfolio with strategy and to select suitable metrics to track progress. Project Portfolio Management and Business Strategy. There is a circular link between strategy and project portfolios.

Success vs Culture

Troubled and Failing Project

In the process, I struck up a friendship with the student, Kristine Briežkalne , who is studying at Riga International School of Economics and Business Administration. Strategy

The Best Free Project Management Resources

Azendoo

Since the process of setting specific tasks and initiating the appropriate call to action involves a sequence of events, your strategy to arrive at the end objective should also include a sequence of events. Generic 5-Step process you can use to outline your next assignment.

2016 72

How to Analyze Business Strategy to Improve Your Projects

Brightwork

Connecting projects to organizational strategy can improve projects in several areas including preparation of business cases, request management, planning and resource allocation, risk management, budget control, and collaboration. What is a Business Strategy? Before starting the analysis, I want to define what exactly Strategy is. Johnson & Scholes (2005) define strategy as “the direction and scope of an organization over the long term”.