October, 2024

article thumbnail

Business Process Improvement: Steps & Methodologies

ProjectManager.com

Technology, labor, distribution and consumer demographics have all massively changed just in the last few years. As such, business processes need to be constantly evolving to adapt and bring satisfaction to the customer as efficiently as possible. Organizations are continually looking for leadership team that’s experienced in business process management (BPM).

Process 393
article thumbnail

How to Balance Work and Festive Season: Productivity Hacks for Project Managers

Rebel’s Guide to PM

While some projects might have an end of year deadline, in my experience, most projects finish when they finish. So there’s every chance that your projects, like mine, will run through the holiday period. We do need to recharge, rest and reset, and so do the people on the team. So how do you balance the pressures of work and leadership’s desire to keep hitting those milestones, over the festive season?

Lean 294
Insiders

Sign Up for our Newsletter

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

article thumbnail

The Product Professional's Pyramid: Shifting Focus to Strategic and Tactical Priorities

Scrum.org

As a product professional—whether you’re working on an external customer-facing solution, an internal tool, or a component of a larger system—the real question is always: where should you focus your attention? The inverted pyramid in the diagram below illustrates the need for a greater emphasis on strategic and tactical decision-making. Leaving operational details to the processes designed to handle them.

article thumbnail

Project Controls: Rediscovering the Fundamentals in the Age of Agile and AI

MPUG

Register here for the live panel discussion on Zoom – Wednesday, October 16, 2024 at 12:00pm – 1:00pm EDT! Over the past decade, the landscape of project management has been significantly influenced by the rise of Agile methodologies and the advent of Artificial Intelligence (AI). While these innovations have brought about remarkable advancements, they have also, at times, diverted attention from the core principles of project controls: Schedule Management, Cost Management, Risk Mana

article thumbnail

Prepare Now: 2025s Must-Know Trends For Product And Data Leaders

Speaker: Jay Allardyce

As we look ahead to 2025, business intelligence and data analytics are set to play pivotal roles in shaping success. Organizations are already starting to face a host of transformative trends as the year comes to a close, including the integration of AI in data analytics, an increased emphasis on real-time data insights, and the growing importance of user experience in BI solutions.

article thumbnail

How to overcome your unconscious biases (12 examples)

Planio

While we’re not here to debate the existence of free will, we’ve all looked back on situations where it seemed like our brains went into autopilot. These unconscious biases can influence who we hire (and listen to), the decisions we make, and what we prioritize in our daily lives — and not always for the better. One survey found that nearly 40% of people frequently experience bias that leads to unfair treatment based on factors such as their age, gender, or race.

More Trending

article thumbnail

7 Free Estimate Templates for Excel

ProjectManager.com

Better estimates lead to better projects. An accurate forecast of costs, time and more is essential to creating a realistic project plan and schedule. This is where an estimate template can help set a project up for success. Download these free estimate templates to deliver projects on time, within budget, and according to stakeholders’ expected quality standards.

Estimate 347
article thumbnail

The fourth Scrum Wave (shows that the journey is far from over)

Gunther Verheyen

In August 2024, the 4th edition of my book “Scrum – A Pocket Guide” was published. I created it because I am continuously uncovering better ways of explaining Scrum and want to help people by sharing these ways. Luckily, my publisher, Van Haren Group , agreed that there was value in making my update available (again) for the many friends of Scrum around the globe.

SCRUM 95
article thumbnail

Strategic Product Goals: A Guide to Achieving Measurable Results with Your Product

Scrum.org

What makes a good product goal? If you’re wondering, you’re not alone. In this article, I’ll show you how I use the business model equation to define a product goal that aligns with the company’s goals. Before we dive into the process, let’s clear up a common misconception. What is a product goal in Scrum? According to the Scrum Guide, the product goal is defined as follows: “The product goal describes a future state of the product that can serve as a planning target for the Scrum team.

SCRUM 165
article thumbnail

How to Implement Effective Project Portfolio Governance

WorkOtter

Implementing a strong governance framework involves setting up clear processes for project approval, oversight, and review. Governance should be designed to ensure that all projects align with strategic goals and that they are executed according to standardized best practices. According to a 2024 report from PMI , 80% of high-performing organizations have a well-defined governance framework in place, which contributes significantly to their ability to meet business goals.

article thumbnail

Navigating Chaos in Project Management

This text offers practical guidance for project managers navigating diverse frameworks. It covers topics like centralized reporting, standardized metrics, communication, training, risk management, and alignment reviews. By implementing these strategies, project managers can improve efficiency and achieve their project goals.

article thumbnail

How Stock Traders Manage and Organize Information Effectively

Binfire

Stock trading is one of the most exhausting jobs, especially if you’re a short-term trader. People working in this industry have to make decisions on a daily basis and find “winners” with limited financial data. Not only does this require a great physical and mental commitment, but it also requires a certain level of organization. Professionals use various systems to manage information for different markets and stocks.

article thumbnail

White Paper | The Impact of Artificial Intelligence in Project Management – A Survey

The IIL Blog

Abstract The integration of Artificial Intelligence (AI) into project management is revolutionizing traditional practices, bringing about profound changes in how projects are planned, executed, and monitored. AI’s impact on project management is multifaceted, influencing everything from decision-making processes to resource allocation and risk management.

article thumbnail

4 Free & Open-Source Microsoft Project Alternatives: Ranked

ProjectManager.com

Microsoft Project has its critics. The project management software is expensive, complicated and not collaborative. No wonder project teams look for open-source Microsoft Project alternatives. For one thing, it’s (mostly) free. But these products also give Microsoft products a run for their money in terms of features. Let’s look at several open-source Microsoft Project alternatives and see what they have to offer, where they succeed as project management software and where they fall short.

article thumbnail

A Scrum Caretaker’s view on Agility, Scrum and organizational transformation

Gunther Verheyen

In August 2024, the 4th edition of my book “Scrum – A Pocket Guide” was published. I created it because I am continuously uncovering better ways of explaining Scrum and want to help people by sharing these ways. Luckily, my publisher, Van Haren Group , agreed that there was value in making my update available (again) for the many friends of Scrum around the globe.

SCRUM 89
article thumbnail

The Ultimate Guide To Data-Driven Construction: Optimize Projects, Reduce Risks, & Boost Innovation

Speaker: Donna Laquidara-Carr, PhD, LEED AP, Industry Insights Research Director at Dodge Construction Network

In today’s construction market, owners, construction managers, and contractors must navigate increasing challenges, from cost management to project delays. Fortunately, digital tools now offer valuable insights to help mitigate these risks. However, the sheer volume of tools and the complexity of leveraging their data effectively can be daunting. That’s where data-driven construction comes in.

article thumbnail

Should ‘Bugs’ Have ‘Points’?

Scrum.org

A common question for those new to the practice of #StoryPoints: Should we assign points to #bugs? Join me as I break down this problem. 00:27 Brian's question: Should Bugs Have Points? 00:54 Story Points in a Nutshell 01:38 Using points for planning & estimation 02:16 Can points be used to calculate 'velocity'? 02:34 Problems with this… 03:08 For sake of argument… 03:32 Don't like when 'bug' is used broadly 03:45 Escaped Defect 05:12 Defect (pre-release) 06:49 Technical Debt 08:16 An actual

Estimate 168
article thumbnail

Typical Challenges in Manufacturing Projects and Ways to Address Them

Epicflow Blog

The manufacturing industry faces numerous challenges that can affect the success of manufacturing project s, from supply chain issues to risks related to digital technology integration. These challenges make it difficult to deliver these projects successfully, as they may disrupt the workflow causing delays and cost overruns. In this article, we’ll explore some of the most common roadblocks for manufacturing project s as well as suggest actionable recommendations for addressing them.

article thumbnail

New feature – track project milestones

Resource Guru

The final deadline is the most important date in any project. But you don’t just arrive there by chance. Leading up to it is a series of significant moments and micro-deadlines that mark your project’s progress and help keep you on track. You can now add these to Resource Guru and track project milestones in your team schedule so everyone stays aligned on important dates and when deliverables are due.

Budget 115
article thumbnail

The Interconnectedness of Cyber Risk and Cyber Resilience

The IIL Blog

By Rick Lemieux – Co-Founder and Chief Product Officer of the DVMS Institute October 16, 2024 Cyber risk and resilience have emerged as critical considerations for individuals and organizations. While they may seem distinct, these two terms are inextricably linked, forming a symbiotic relationship that shapes the landscape for protecting organizational digital value, resilience, and client trust.

article thumbnail

How To Align Product Management And Supply Chain Operations For Successful Product Launches

Speaker: Shalini Dinesh

Effective cross-functional collaboration and communication heavily influence product launch success. Research shows that as many as 70% of product launches fail due to inadequate coordination among stakeholders, including supply chain, product management, legal, marketing, and change control teams (Gartner, 2022). The 2023 Supply Chain Insights Report highlights that 60% of supply chain disruptions are caused by poor communication and misalignment among cross-functional teams.

article thumbnail

What Is GanttProject? Pros, Cons & Alternatives

ProjectManager.com

GanttProject is an open-source project management software that offers a free version of the popular Gantt chart tool for scheduling and managing projects. Visit the GanttProject website and you might be skeptical; it looks like a fake site set up to trick visitors into giving up their personal information. But GanttProject isn’t a scam, though it might not be the best choice for project management software.

article thumbnail

Project Resource Management: Part 1 of Your Comprehensive Guide

Online PM Courses

Nothing gets done unless people do it. And people need tools, materials, and a place to work. So, Project Resource Management is an essential skill set. The post Project Resource Management: Part 1 of Your Comprehensive Guide appeared first on OnlinePMCourses.

85
article thumbnail

What Does It Mean That Scrum Is a Framework? Is it even important.?

Scrum.org

What does it mean that “Scrum is a … framework…” (from the Scrum Guide). Let’s give this a closer look. From Cambridge Dictionary: Framework: “A supporting structure around which something can be built” “A system of rules, ideas, or beliefs that is used to plan or decide something” As a framework, Scrum provides us a rack to hook up practices, techniques, methods, etc.

SCRUM 151
article thumbnail

How and Why Gamifying Work Helps Boost Individual Morale?

NimbleWork

Your workers’ hearts start pounding faster, and their excitement grows with the speed of an avalanche sweeping down the mountain. They are ready to shift the Earth with their bare hands and achieve the impossible. What can bring so much enthusiasm into your employees’ work routine? The answer lies in gamification. Let’s specify what it is, consider its psychological influence on employees’ morale, and see how you can gamify your workplace in a cringe-free manner.

article thumbnail

Enhance Customer Value: Unleash Your Data’s Potential

The complexity of financial data, the need for real-time insight, and the demand for user-friendly visualizations can seem daunting when it comes to analytics - but there is an easier way. With Logi Symphony, we aim to turn these challenges into opportunities. Our platform empowers you to seamlessly integrate advanced data analytics, generative AI, data visualization, and pixel-perfect reporting into your applications, transforming raw data into actionable insights.

article thumbnail

GanttPRO Wins Prestigious Awards in Project Management, Marketing Planning, Project Tracking, and More

GanttPRO Project Management

GanttPRO keeps reaching new professional milestones while receiving respected industry awards. This time, the leading business software review and search platforms recognize the Gantt chart maker among leaders in many […] The post GanttPRO Wins Prestigious Awards in Project Management, Marketing Planning, Project Tracking, and More first appeared on GanttPRO Project Management Blog.

article thumbnail

The Unmanageable Enigma: Human Risk Management

The IIL Blog

By Rick Lemieux – Co-Founder and Chief Product Officer of the DVMS Institute October 2, 2024 Human risk, the potential for human error, negligence, or malicious intent to compromise an organization, is an inherent and pervasive challenge in any organization. While technology and processes can be designed to mitigate risks, the unpredictability and complexity of human behavior make it impossible to eliminate human risk.

article thumbnail

Microsoft Dynamics 365 Project Operations: Pros, Cons and Best Alternatives

ProjectManager.com

Project-based businesses have many options for software products that claim to help them do their work more efficiently. Many of those are Microsoft products, such as Microsoft Dynamics 365 Project Operations. They could have come up with a more efficient name, but, more importantly, does it actually help businesses manage their projects better? There’s only one way to find out.

article thumbnail

Project Planning Mistakes and How to Avoid the 12 Most Scary Ones

Online PM Courses

There are many reasons why projects fail. One of the most common is when your plan is at fault. I survey my top 12 project planning mistakes. The post Project Planning Mistakes and How to Avoid the 12 Most Scary Ones appeared first on OnlinePMCourses.

Planning 101
article thumbnail

Your Guide To Transitioning Into Product Management: Essentials For New PMs

Speaker: Leslie Grandy, Product Executive & Drew Weaver, Senior Program Manager

Are you considering a shift to product management or just starting your journey as a Product Manager? Join Leslie Grandy and Drew Weaver for an insightful webinar designed to help you seamlessly transition into this dynamic role. Whether you're looking to pivot your career or enhance your existing skills, this session will equip you with the knowledge and tools to succeed!