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Elements of a Feasibility Study for Strategic PMs

The Strategic Project Manager

A Feasibility Study tells you whether it’s even possible to achieve the objective of a potential project, and can also point to the solution with the best chance of success. When Do You Need a Feasibility Study? I asked ChatGPT: “What are the Elements of a Feasibility Study?”

2023 97
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PM Illustrated – The Fun Site to Support Your PMP® Exam Studies

Rebel’s Guide to PM

Too often, training materials are text-based, process-focused, and dry. However, fun is a serious business in adult learning; it boosts retention and cuts study time. Visual learning The other secret weapon in slashing our study time is Visual Learning.

2023 383
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Best PMI-ACP Study Guides

Rebel’s Guide to PM

As well as a PMI-ACP training course, the most successful students also include a study guide in their exam prep because those books are designed to help you get ready for the test. Below, I list the best PMI-ACP study guides for your agile certification studies.

PMI 195
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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. At first, the concept of the project management process and its practical adaption can seem a little daunting, but this article will give you everything you need to set up PM processes and phases at your business. How to Implement a PM Process in Your Organization.

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Encouraging Innovation in an Established Product Culture

Speaker: Richard Cardran, Chief Creative Officer and VP Strategy, HIA Technologies

Innovation is both a process and an outcome. The best way to begin innovating your products is by innovating your internal process. We'll explore the challenges, solutions, and hands-on techniques for becoming a successful "agent of change" within a well-established product culture. We'll examine the importance of UX and user-centric feature analysis, the adaptation of Agile Methodologies to the creative process, as well as a way to drive successful culture change for setting expectations and winning approvals with cross-functional stakeholders. Innovation and Leadership go hand in hand. Join Richard Cardran, Chief Creative Officer and VP Strategy, HIA Technologies, as we assess some case studies to see how to lead with a clear strategy well-defined tactics, and an unbiased understanding of the fundamental question: "why are you innovating?"

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Pilot Study – How to Make It Work

ProjectManager.com

That’s where a pilot study comes in. What Is a Pilot Study? A pilot study is a small-scale project that is used to test the feasibility, duration, cost and risks of the full-scale project. The reasons for a pilot study are obvious. How to Run a Pilot Study.

2020 283
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Project Management Process Groups: A Quick Guide

ProjectManager.com

To keep to your schedule and manage costs, you need to gather and process project data throughout the five PMBOK project management groups. What Are the 5 PMBOK Project Management Process Groups? The project management process groups are the following. Projects are complicated.

2021 345
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How To Do a Feasibility Study

Wrike

These questions, and ultimately the fate of the project, can be determined through a feasibility study. So, what is a feasibility study ? What is a feasibility study? The seven feasibility study steps. The post How To Do a Feasibility Study appeared first on Blog Wrike.

2020 95
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Iterative Process

Techno-PM

Implementing a development plan may be highly advantageous to achieving your company's goals, regardless of the product, service, or process you're aiming to enhance. What Is an Iterative Process? However, iterative processes are not limited to these domains.

Process 36
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To Start or Not to Start: Overview of a Feasibility Study in Project Management

Epicflow Blog

In this case, a project manager should conduct a feasibility study that will help make the right decision as to whether it’s reasonable to intake this project or not. Read the article to learn about this study in more detail. . What Is a Feasibility Study? .

2022 59
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The Innovative PM: Cultivating Creativity in the Evolving Hybrid Workspace

Speaker: Rachel Rai Henry, Founder of the Creative Flow School

In this one-of-a-kind webinar, speaker, creativity expert, and educator Rachel Rai Henry will walk you through the evolution of hybrid work management through the lens of creative flow.

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How to write an effective business case study?

nTask

The best way to do that is with the help of case studies. Business case studies have crucial importance in the development and functioning of a successful enterprise. Want to learn how to write a business case study that will be beneficial in boosting your ROI? If yes, then let us take you through the whole creative process. What is a case study? Nowadays, every efficacious online company uses case studies to their advantage.

2019 110
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Vodafone New Zealand's Agile Transformation Case Study

Scrum.org

Squad coaching embedded the new operating model by guiding squads through the process of ‘forming, storming and norming’ and empowering them to self-organise around clear accountabilities. Creating a Customer-First organisation.

2020 148
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10 Top Process Improvement Tools You Need to Create a More Sustainable Business

nTask

A study by BCG/MIT finds that 90% of executives deem sustainability to be important, yet only 60% of companies incorporate sustainability as part of their business strategy, and even less (25%) integrate sustainability into the core of their business model. What causes the process to start?

2021 120
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PMI-ACP Supported Self-Study Group with Mike Griffiths - September Start

Leading Answers

Following the great success of the pilot program, I will be launching another Supported Self-Study Group in September. Part book-club, part study-group, these sessions feature weekly live Zoom calls with me, Mike Griffiths and exclusive study materials.

PMI 148
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Agile Adoption: A Case Study

Project Smart

New breeds of project execution processes have been proposed recently as lightweight alternatives to the traditional phased approach. These so-called lightweight processes fall under the umbrella of Agile methodology. Case StudiesTime to market and remaining competitive are amongst the drivers of Agile adoption. Agile advocates recommend executing projects based on the philosophy of iterations, incremental development, collaboration and adaptation.

2019 73
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Inside the PMP Question Writing Process

Leading Answers

If you already have the credential, then probably the study period and stress associated with obtaining it. Information is power, and it never hurts to be more aware of the process before taking the exam. This complete process is depicted below: Why This is Useful.

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On Technical Debt And Code Smells: Surprising insights from scientific studies

Scrum.org

In this post, I summarize the insights from the study by Tufano and draw in more recent research. It also ties well into a recent post where we discussed a scientific study that showed how critical the socio-technical skills of developers are to the success of Agile transformations.

2021 169
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PMI-ACP Supported Self-Study Group - April 10, 2021 Start

Leading Answers

The next Supported Self-Study Group starts on April 10th. Part book-club, part study-group, these sessions feature weekly live Zoom calls with me, Mike Griffiths and exclusive study materials. Receive a customized Study Plan with a chapter-by-chapter schedule.

2021 78
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A Quick Guide to Business Process Mapping

ProjectManager.com

That guide is called business process mapping. An Overview of Business Process Mapping. Business process mapping means defining what a business does, who is responsible for what, what is the standard for completing that process, what tools will be used and how the success of the business is determined. History of Business Process Mapping. What’s the Importance of Business Process Mapping? Process documentation is a key component of this act.

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What Is a Pilot Study?

Wrike

That’s precisely where a pilot study comes into play. . In this article, we’re taking a close look at pilot studies , including how to conduct a pilot study that will help you determine whether a new project has the potential to deliver a satisfactory ROI. . Conduct the study.

2021 36
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PMI-ACP Supported Self-Study Group - February 2021 Start

Leading Answers

The next Supported Self-Study Group starts on February 6th. Part book-club, part study-group, these sessions feature weekly live Zoom calls with me, Mike Griffiths and exclusive study materials. Receive a customized Study Plan with a chapter-by-chapter schedule.

2021 78
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Case Study: Sunstall – Managing Resources and Workforce for Solar Energy Projects

Ganttic

With a business model based on continuous improvement, sustainability, and streamlining their work processes they were able to quickly expand from a West Coast startup to an industry leader. And help by optimizing their logistics process. Case studies Engineering and Construction

Energy 78
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12 Crucial Process Management Tips For An Effective Outreach Campaign

nTask

Link building is the process of acquiring hyperlinks from other high-quality websites that are relevant to your niche — when this occurs, Google takes it as a vote of confidence in your work, your trustworthiness, and your authority. Some Process Management Hacks for Your Outreach Campaign.

Process 169
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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. A Feasibility Study or Assessment. Feasibility Study or Assessment .

2017 109
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Divergent-Convergent Paths Process For Conflict Management

International Institute for Learning

Through a logical process, other truths are obtained until no one questions the deductions or results. . A possible strategy to resolving divergences can be based on the following sequential steps: Understand by a backwards process why the deductions diverge.

Process 52
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Mind Hacks to Make Studying Easier

Leading Answers

What if you got a little buzz of guilty pleasure every time you thought about studying for your exam? We can use these systems to make studying more enjoyable and effective. By going out of our way to make studying pleasurable we begin to dread it less, then feel neutral about it, and eventually enjoy it. Focus on making the studying enjoyable. Step it up a notch and form a study group that goes to a good restaurant after every meeting.

2018 79
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Product Development with the Stage-Gate® Process (Part 3): Procedure and Structure

Inloox

In the last parts of our blog series on innovation management with the Stage-Gate® process, we looked at the basics such as the definition, strengths and weaknesses, and the basic principles. Procedure Stage-Gate® process. Gate 2: Go for feasibility study.

2022 210
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Use and Misuse of Statistics of Process Improvement Studies

Herding Cats

There are several studies on how software development can be improved by applying various process. Some studies have very large data sets, with analysis of each process and the differences between the processes. Other studies have small data sets, no error bands on the data, and no real statistical analysis of this raw data. Were there examples and examples of the process outcome provided, if doing so will enhance the clarity of the study?

2017 31
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PMP Study Notes PDF (PMBOK 6th Edition)

ExamsPM

We’ve put together the ultimate PMP Study Notes PDF to help you with the transition. Additionally, a few processes have been added and a few processes will get their names changed. We have compiled together a series of study notes that will help you prepare for your upcoming PMP certifications. Like the PMBOK, these study notes are divided by knowledge areas. Within each knowledge area, you will find all the terms and processes you’ll need to know.

2017 52
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Government Lessons in People Over Process

Leading Answers

Something I was not aware of at the time is how the career development process works within the government. The project went much smoother after these changes and it taught me an important lesson in never trying to introduce a process or practice without considering the people elements first. We completed the project early, largely due to the input and hard work during acceptance testing of the business SMEs, and IBM got their successful case study.

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Mind Hacks to Make Studying Easier

Leading Answers

What if you got a little buzz of guilty pleasure every time you thought about studying for your exam? We can use these systems to make studying more enjoyable and effective. By going out of our way to make studying pleasurable we begin to dread it less, then feel neutral about it, and eventually enjoy it. Focus on making the studying enjoyable. Step it up a notch and form a study group that goes to a good restaurant after every meeting.

2018 60
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4 Signs Your Project Intake Process Is Outdated

Wrike

Does this sound like your current work project intake process? Here are 4 signs your project intake process is outdated and some simple steps to build a well-defined project intake process that’ll take your team into the future. Lax communication might work well for smaller teams, but as business scales, you need a project intake request process that helps you manage both your current and incoming work properly. Here are some project intake process best practices.

Process 69
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Operationalized Project Management Processes

Workzone

This article will help you understand how to use operationalized project management processes. The Importance of Operationalized Project Management Processes. To understand the importance of operationalizing processes, let’s look at an example: product testing.

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Case Study: Rex Materials Group Uses LiquidPlanner to Optimize Entire Value Chain

LiquidPlanner

A New Approach, Process and Work Management Tool. In addition to improving pre-manufacturing processes, using LiquidPlanner let Kohls and the entire team at Rex Materials gain visibility into the complete manufacturing lifecycle—from initial customer order all the way to product creation and shipping. To read more about how Kohls and Rex Materials use LiquidPlanner to improve and optimize their entire value stream, read the full case study.

2016 74
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Process Improvement Plan: Everything You Need to Know

ProProfs Project Management

Once businesses have implemented their systems, the idea of having a process improvement plan goes right out of the window. Reasons for this under-utilization is multi-layered: Businesses do not have the time to review processes. Why Do You Need a Process Improvement Plan?

2021 52
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Product Development with the Stage-Gate® Process (Part 4): Implementation with InLoox

Inloox

In the first three articles of our series on product development with the Stage-Gate® process, we covered the theoretical basics. We also provide you with a free downloadable template of the idea-to-launch process described in part 3. The Stage-Gate® process as a phase-milestone plan.

2022 130
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Why the Stage Gate Process will Make You a Better Project Manager

Online PM Courses

The Stage Gate Process gets too little love from Project Managers. In a Stage Gate process, you break your project into stages, or phases. In this article, we look at why a stage gate process will enhance your project management, and how to make it work. What is a Stage Gate Process? The Stage Gate Process examines your projects at key decision points in its lifecycle. A Stage Gate Review is a process for achieving a robust Go/No-go decision.

2018 69
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Quality Management: PMP Study Guide (PMBOK 6th Edition)

ExamsPM

Project Quality Management uses policies and procedures to implement the organization’s quality management system, and it supports continuous process improvement activities. Continuous improvement is the concept of continuously looking for small things that can make the project’s processes or product better. Document processes & equipment. Plan Quality Management is the process of identifying quality requirements for the project.

2017 44
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Stakeholder Management: PMP Study Guide for PMBOK 6th Ed.

ExamsPM

This Knowledge Area contains four processes: Identify Stakeholder, Plan Stakeholder, Manage Stakeholder Engagement, and Control Stakeholder Engagement. Identify Stakeholders is the process of identify people, groups, or organizations that may impact or be impacted by your project. This process collects relevant information about your stakeholders and monitors their interests. This process involves engagement stakeholders, addressing their concerns, and clarifying issues.

2017 45