Sat.Apr 13, 2024 - Fri.Apr 19, 2024

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7 Steps To A Project Management Capability Assessment

Rebel’s Guide to PM

As a program manager, PMO or project team leader, you probably think about how to plan upcoming work. And that includes the requirements for developing the project management capability in the organisation to deliver the upcoming projects. It’s easy to think that certification is the answer to developing capability in your project managers, but it’s better to take a step back from that.

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6 Essential Project Management Strategies Every Project Manager Needs to Know

NimbleWork

Project management is a critical discipline that ensures projects are completed efficiently, within budget, and to the satisfaction of stakeholders. At the heart of successful project management is the project manager, who must possess a unique blend of leadership, communication, and organizational skills. In this article, we will explore some important tips for project managers to help them lead their teams to success.

2027 52
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What’s the Difference: Risk Appetite – Risk Tolerance – Risk Capacity?

Online PM Courses

How much risk will your project take on? There are 3 similar measures. What's the difference: Risk Tolerance, Risk Appetite, & Risk Capacity? The post What’s the Difference: Risk Appetite – Risk Tolerance – Risk Capacity? appeared first on OnlinePMCourses.

Risk 110
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Black diamond risk management

Musings on Project Management

If you snow ski, you understand the risk of a Black Diamond run: it's a moniker or label for a path that is risk all the way, and you take it (for the challenge? the thrill? the war story bragging rights?) even though there may be a lesser risk on another way down.

Risk 150
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Understand Digital Debt, Form a Team, Set Goals, and Plan Roadmap for Transformation

Understanding digital debt is crucial before digital transformation. Assemble a team to assess internal operations, market pressures, and digital debt's impact. Define future digital vision with measurable goals. Refine hypotheses and conduct market analysis. Develop a roadmap for transformation with defined projects, cost estimates, and governance.

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Do Structured and Disciplined Agile Transformations Exist?

Leading Agile

Understanding where you are as an organization and where you want to go is essential to transformation. Understanding that creating the conditions for teams, backlogs, and working tested product to exist is the real work of the transformation is critical. The next most important aspect of transformation is being able to demonstrate progress through tangible metrics that will resonate with executives.

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Do Technical Skills Matter for Software Project Manager?

NimbleWork

In the field of software development, project management is crucial for ensuring projects are delivered successfully, on time, and within budget. It was once believed that software project managers needed extensive technical knowledge to manage complex projects effectively. However, as the industry has evolved and team structures and methodologies have changed, the importance of technical skills for project managers is being redefined.

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How Scrum Differs from Traditional Project Management

Scrum.org

Learn the core differences between Scrum and traditional project management in this Responsive Advisors Lightning Round. Highlighting Scrum’s adaptability, team empowerment, and innovation focus, we contrast these features with the rigid frameworks of traditional project management. We provide a clear understanding of how and why Scrum offers a more effective value delivery solution.

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T-shirt sizing in Agile and Waterfall Projects

Project Pulse Journal

By: Hajime Estanislao, PMP, CSM Embarking on project estimations can often feel complex - where the path forward is unclear, and the potential for missteps is high. This is where the concept of T-shirt sizing shines as a simple estimation technique. Imagine estimating the scope and effort of your project tasks with the ease of choosing a T-shirt size—XS, S, M, L, XL.

Agile 52
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SWOT analysis in project management: definition, instruction & example

Inloox

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. What is a SWOT analysis? 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.

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Strategic Project Finance Essentials: A Project Manager’s Guide to Financial Metrics

Speaker: Ketan Jahagirdar - Sopheon’s Director of Product Management

Empower yourself as a project manager with insights that directly influence the financial landscape and strategic direction of your organization! Join us for a deep dive into the world of financial strategy, as we dissect key metrics that drive CFOs and business leaders’ investment decisions. This session will equip you with the necessary tools to craft compelling business cases as well as a comprehensive understanding of the crucial distinction between capital expenditure and operational expend

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Kanban vs. Scrum: What’s the Difference?

ProjectManager.com

Kanban and scrum are agile project management methodologies that can be used for similar purposes, but each has its unique pros and cons. As a project manager, it’s important to understand the difference between kanban and scrum so you can determine the best approach for your team. So, which is the best project management method if we compare kanban vs. scrum?

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New training: Change Management Workshop

Rebel’s Guide to PM

As project managers, most of us know how important it is to make sure that what we deliver is actually useful and used by the people we deliver it for. That’s where change management comes in. Have you ever wished someone could give you the secret to dealing with resistance to change? Me too! I’m sorry to say there isn’t a secret exactly. It’s more a collection of best practices, real-world advice and tried-and-tested strategies for speedy and stress-free change management.

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Embracing Stakeholder Performance in Your Transition to a Scrum Master (From PM to PSM 15)

Scrum.org

Transitioning from a traditional project manager to a Scrum Master requires a shift in mindset, especially in how you engage with stakeholders. Stakeholder "Performance", while traditionally viewed through a project management lens, offers valuable insights for this journey. In Scrum, the focus shifts from managing stakeholders in a project to fostering collaboration and alignment in a product or initiative environment.

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The Importance of Credit Building for First-Time Home Buyers: Steps to Take

Binfire

Introduction Owning a home of your own is a dream for many people, however, they forget the importance of a good credit score to achieve this dream. From getting better mortgage rates, and less down payment, to getting favorable loan terms, a strong credit score can open doors to a better loan commitment for first-time home buyers. The Importance of Credit Building Why Is Building A Credit Score Important?

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20 Common Mistakes Made by Inexperienced Project Managers

You’ve read the PMBOK® Guide several times, taken the certification exam for project managers, passed, and you are now a PMP®. So why do you keep making rookie mistakes? This whitepaper shows 20 of the most common mistakes that young or inexperienced project managers make, issues that can cost significant time and money. It's a good starting point for understanding how and why many PMs get themsleves into trouble, and provides guidance on the types of issues that PMs need to understand.

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How to Create a Timeline in Excel (Free Templates Included)

ProjectManager.com

Excel is a versatile spreadsheet tool that can create a variety of graphs, charts and forms, including timelines for projects. In this blog, we’ll go through each step needed to create a timeline in Excel and explain the advantages and disadvantages of doing so. Why Should You Create a Project Timeline in Excel? Learn how to create a timeline that can be used to visualize how tasks or projects will be executed over time, identify who will be responsible for completing them and identify milestone

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Project Management Apprenticeships: A UK Guide

Rebel’s Guide to PM

I have mentored project managers for years, and recently, more of my mentees have been going through project management apprenticeships. I really rate the training on offer and the support (although to be fair, the different awarding organizations who offer the training can vary widely in their support). Maybe an apprenticeship in project management would be the right career move for you?

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Navigating Resistance: The Agile Adoption Journey for Effective Leadership

Scrum.org

The path to success change is often strewn with obstacles, primarily due to resistance from within the organisation itself. Understanding these barriers is crucial for any VP of Delivery aiming to lead an agile transformation successfully. Let's explore the ten common sources of resistance and discuss the importance of addressing these challenges to ensure successful leadership and project implementation. 1.

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How to Get Scope Right in the First Place

MPUG

Accurately defining the scope of a project and getting stakeholder signoff early on is one of the keys to project success. It is incumbent upon you to get your scope right during the definition stage. For a deeper dive into defining scope and getting stakeholders on-board, refer to the previous article – Scope Creep: How to Prevent a Major Source of Project Failure.

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The Big Payoff of Application Analytics

Outdated or absent analytics won’t cut it in today’s data-driven applications – not for your end users, your development team, or your business. That’s what drove the five companies in this e-book to change their approach to analytics. Download this e-book to learn about the unique problems each company faced and how they achieved huge returns beyond expectation by embedding analytics into applications.

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Free Google Sheets Timeline Template: Create Plans Online

ProjectManager.com

When managing teams, it’s essential to create timelines to track their progress as they execute their tasks. Project management software is the most efficient way to create timelines to plan, assign and track their tasks. Other tools can be used to create timelines, though, such as Excel spreadsheets or Google Sheets. This Google Sheets timeline template can create a timeline in just four simple steps that won’t require any formulas or any advanced settings.

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Epicflow Implementation Guide: Essential Steps and Best Practices

Epicflow Blog

This guide aims to overcome the uncertainty of the Epicflow implementation process and to help our clients deploy the software smoothly and achieve positive results as quickly as possible. Read further to learn what to expect upon deciding to start your journey with Epicflow, and learn our recommendations for making the implementation simple and effective.

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Leading with values

Scrum.org

Abbonati al blog per ricevere gli articoli con qualche settimana in anticipo! Leading with values è il seguito dell'articolo che ho scritto il mese scorso, il management in Scrum. Ti racconto una storia che uso spesso in formazione, un fatto che mi è capitato qualche mese fa da un cliente. Il contesto Stavo aiutando uno Scrum Team a praticare Scrum, nel contesto della creazione di un prodotto che includeva hardware e software.

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How to Calculate Project ROI [Steps, Formula, Example]

Teamweek

Project managers often struggle to calculate project ROI and communicate a project’s financial value to stakeholders as they might not have the right tools or processes to do so. This guide has everything you need to start calculating the ROI of your projects, avoid scope creep, and improve project efficiency. You’ll learn proven steps, formulas, and examples to calculate and improve project ROI.

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Acclaim Projects Helps Deliver Innovation Projects on Time and on Budget

This large intercity transportation company for people and freight employs 100+ IT employees and contractors across North America and Europe and spends $10MM annually for approximately 50 inflight projects. The company needed the right financial tools to budget for innovation initiatives and real-time information on spending and forecasting. This transportation company turned to Acclaim Projects by Sopheon to help deliver projects on time and within budget.

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What Is a Sales Order? (Example & Template Included)

ProjectManager.com

The transaction between buyer and seller is documented at every stage, and this paperwork serves a purpose. It protects both parties and legally binds them to follow the particulars that they’ve agreed upon. One of those business documents is a sales order. To better understand what a sales order is, we’ll define the term, list what should be included and outline the sales order process.

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A Practical Application of Artificial Intelligence – How To Land Your Next Job!

The IIL Blog

By Liz Pittoni Artificial Intelligence (AI) continues to be adopted in business. As the AI footprint continues to grow, so does the fear of its functionality. If you’re uncertain about applying AI, consider partnering with it to enhance efficiency. Here is one scenario: Use Case: Job Interview Preparation Needed Tools/Materials: Resume or CV Job Description STAR methodology chatGPT (or AI tool of your choice) The Goal: The goal of this exercise is to have the AI help with (1) generating a list o

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Why Do Smart Managers Love EBM?

Scrum.org

In today's fast-paced business environment, Smart managers are increasingly turning to Evidence-Based Management (EBM) to steer their organizations toward success. EBM, with its roots in the rigorous, data-driven approach of evidence-based practices in medicine and science, offers a robust framework for making informed decisions that significantly enhance organizational outcomes.

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New Broom, Sweeps Lean! Four ROI, Efficiency and Productivity Hacks for The New IT Project Decision Maker

Project Accelerator News

“A new broom sweeps clean, but an old broom knows the corners.” I always think of this proverb when a project leader tells me about their new, more senior role and the radical plans they have to “shake things up”. It IS tempting to make a grand, headline grabbing move to justify your organisation’s faith in you, investing in a new portfolio software application or churning your talent, for instance.

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From Concepts to Actionable Insights: Powering Digital Transformation Success

Speaker: Ketan Jahagirdar - Sopheon’s Director of Product Management

70% of most digital transformation projects fail. Learn how you can quickly improve that success rate. To be successful, digital transformation involves the strategic application of digitalization to improve a business’ entire system of production, procurement, sales, operations, human resources, and financial management. In short, to basically transform the way a company makes money and delivers value to customers.