Trending Articles

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Importance of Scenario Planning and Analysis in Business

ProjectManager.com

Businesses are always straining to look around the corner and see what the future has in store for them. Being able to prepare for the changes in the market can set up a business to take advantage of these opportunities and grow larger and more profitable. This is called scenario planning. To better position a business to be prepared to respond to the unknown, learn what scenario planning is and what the different types of scenario planning are.

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Improve Product Management to drive Business Agility

Scrum.org

Business agility is similar to the agility we observe at the team level, but it extends across the entire company. It is a Holy Grail many companies try to obtain. Companies want business agility to outperform their competitors. It will allow them to fluently and effortlessly absorb new market trends and opportunities at no additional cost. This blog describes how Business Agility can be achieved with Product Management by moving up on the Org Topologies™ map.

Agile 161
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What Is Kanban? Meaning, Definitions & Best Practices

ProjectManager.com

Kanban is all the rage in project management. In fact, kanban has grown so much in popularity, there are now countless project management tools to help people plan and prioritize tasks on kanban boards, which are visual panels with virtual cards that can be moved around by the user to arrange orders of tasks or to-do items. If you’re not familiar with this methodology, there’s a high chance you’re asking yourself “what is kanban” or “what does kanban mean?

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Interim Investing and ESG: The Evolution of Investment Strategies in Projects

Green Project Management

In recent years, Environmental, Social, and Governance (ESG) criteria have rapidly moved from the fringes to the forefront of global investment strategies, profoundly influencing how projects are evaluated, financed, and implemented. This seismic shift reflects a broader acknowledgment within the investment community of the significant impact that sustainable practices have on long-term profitability and risk […] The post Interim Investing and ESG: The Evolution of Investment Strategies in

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Toward a Unified Project Management Understanding

The objective of this research is to dispel misunderstandings about crucial project management terms and their definitions. It aims to accurately place these terms and facilitate a comprehensive global understanding of their meanings.

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Managing Money on Projects: Training (June 2024)

Rebel’s Guide to PM

Do you want to better understand your project finances under control, even if you don’t have much experience managing money on projects? You might have studied project budgeting as part of a training course. You might have read a lot about how to manage the finances, but now you feel more confused than ever, trying to piece it all together on your own!

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Organising Around Value Stream Increases Business Agility

The IIL Blog

By Nagaraja Gundappa First things first – let’s define business agility: Business agility, alternatively called enterprise agility and organizational agility, is the ability of an organization to rapidly adapt to market and environmental changes in productive and cost-effective ways according to PMI’s Disciplined Agile. So, business agility is not just many projects across the business adopting agile software development.

Agile 148
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10 Steps for Successful Project Completion (Templates Included)

ProjectManager.com

Project planning, execution, monitoring and controlling are often the focus of project management. Even project initiation gets attention, but project completion is usually mentioned as an afterthought. That’s a mistake. Every phase of a project is important. Project completion is more than delivering on time, within budget and meeting quality expectations.

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Risk Management: Chains and funnels

Musings on Project Management

What to make of chains and funnels? And, if I also stick in anchors, does it help? What I'm actually talking about is conjunctive events, disjunctive events, and anchor bias:Conjunctive events are chains of event for which every link in the chain must be a success or the chain fails. Success of the chain is the product of each link's success metric.

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What is an Agile Release Train? (ART)

Online PM Courses

In this video, I answer the question, what is an Agile Release Train (ART) in the Scaled Agile Framework (SAFe)? The post What is an Agile Release Train? (ART) appeared first on OnlinePMCourses.

Agile 129
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Navigating the Future: Generative AI, Application Analytics, and Data

Generative AI is upending the way product developers & end-users alike are interacting with data. Despite the potential of AI, many are left with questions about the future of product development: How will AI impact my business and contribute to its success? What can product managers and developers expect in the future with the widespread adoption of AI?

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Can a Project Manager be a Scrum Master?

Scrum.org

When companies dip their toe in Agile waters, they often start by simply trying out an Agile framework such as Scrum to deliver something relatively small, such as a project. And that's a great way to start. However, with this comes the question: Can a Project Manager be a Scrum Master? The answer is yes - but with caution. While the transition may require some adjustment and a shift in mindset, Project Managers possess a wealth of experience and skills that can - for many - actually be benefici

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Ganttic Update: Duplicating Accounts

Ganttic

As we get to the midpoint of 2024, we’ve been hard at work developing new features that make your Ganttic planning even better. Our latest update includes an easy way to duplicate your account settings. Perfect for managers in charge of multiple accounts, or those looking for a clean planner for sandbox style planning and API testing. Read on to find out about the Create New Account function in Ganttic.

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Leadership-Risk linkage

Musings on Project Management

When applying the principle of "calculated risk", leaders should pick subordinates with the intellectual subtlety to evalutate strategic and operational problems in their full context. They should be given the latitude to judge just how much risk is appropriate given the value of the objective and the balance of resources. Paraphrased from the writings of historian Craig L.

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Change Management in Transformation Projects : A Look Back at Some of the Essentials

The IIL Blog

By Olivia LE JEUNE and Jean-Roch HOULLIER Change management can be defined as all the operations carried out within an organization to enable it to adapt to change and environmental evolution. It is particularly human-centered, with cultural, behavioral, and social components for the individuals and teams affected. Here’s an insight based on our experience of change management within our projects.

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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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Don't Let Your Agile Spark Fizzle Out! 5 ways to Reignite Your Team's Fire with These Pro Tips

Scrum.org

Ever felt like your agile game is more of a sluggish shuffle? You’re not alone. Imagine you’ve just rolled out what should be a game-changing agile transformation. Yet, things are somehow just as slow—if not slower—than before. Frustrating, right? It’s like prepping a gourmet meal and having everyone just pick at their food. Here’s the truth: keeping the agile flame alive can be a real headache.

Agile 176
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What makes a good manager? 9 essential qualities and skills

Planio

Managers who build trust, provide mentorship, and inspire those around them drive a 70% increase in their team’s productivity and engagement. But unfortunately, it’s an upside many managers miss out on. In reality: Nearly half of all employees say they simply don’t trust their manager to have their back. Despite a busy workload and multiple responsibilities, the best managers find a way to blend their hard and soft skills to deliver on their goals while providing support, direction, and guidance

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Capacity Management in Business Operations

ProjectManager.com

Businesses need to thrive, grow more profitably and stay competitive in a marketplace that is constantly changing. That means increasing their output to the greatest extent possible. The process of achieving that goal is called capacity management. To understand capacity management, we’ll first fully define the term, list the different types and explain why it’s so important in operations management.

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Meet the MPUG Expert: Interview with Erik van Hurck

MPUG

Erik van Hurck is a Microsoft MVP and respected voice in the project management space. He’s a Senior PPM Consultant at Projectum, a Microsoft MVP, a prolific blogger at TheProjectCornerBlog.com, and a longtime expert instructor and contributor for MPUG. With over 15 years of experience, Erik has become a go-to resource for enterprises looking to leverage the latest Microsoft technologies like Power Platform and Copilot Studio to drive PMO transformation.

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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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The Art of Project Management: Essential Upskilling Strategies for Success

The IIL Blog

By Steven Briggs May 8, 2024 Learning and development are crucial for professionals seeking to advance their careers, as it equips them with the necessary tools and skills needed to facilitate professional growth and reach their goals. Project managers keen on levelling up in this field are well aware of the future benefits this industry offers. At present, project management is a high-income field, with many employment opportunities in various industries such as Information Technology (IT), fin

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Ditch the Spreadsheet! Your Business needs Collaboration Tools

NimbleWork

Are collaboration tools right for you? If you’ve landed here, you’re probably thinking about how to level up your tools to empower your team. In this article, you’ll learn what collaboration tools are, some use cases for the software and the main benefits we’ve seen from working with powerful software over recent years. You’re in the right place if you want to learn about how to get started.

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How to Improve the Warehouse Operations of Your Organization

ProjectManager.com

The better a business’ warehouse operations, the more successful the business is. Warehouse management ensures that stock matches customer demand. Warehouse operations take into account the supply chain and work towards being cost-effective and efficient. To understand effective warehouse operations, you must first be clear on the warehouse operations process and how it plays into the larger warehouse operations management.

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How to Estimate Your Project Schedule

Online PM Courses

Arriving at a robust project schedule is hard. But, in this video, I will break it down into a simple process with three phases and 10 steps The post How to Estimate Your Project Schedule appeared first on OnlinePMCourses.

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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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My successful PfMP Journey: Set the goal and pursue it till the end!

The IIL Blog

By Jennifer Lapin My PfMP journey was not typical. I believe that all my effort and time invested alongside my unique journey of exam preparation were worthwhile and paid off in greater satisfaction and better result achieved at the end. People ask me if it is necessary to take a preparatory course. It is not strictly necessary but based on my experience I strongly recommend taking one to significantly increase your success chances.

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Agile Organisations: Unleashing the Potential of Value Streams

Scrum.org

Does this scenario sound familiar? Your company has embraced agile and teams now enjoy greater focus and clearer collaboration. Yet the anticipated business benefits have not materialized. Delivery is slow, expensive and a source of frustration. Although agile has markedly improved organisations, the full benefits are unattainable unless the entire work system is aligned with agile principles.

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The Role of Infrastructure in Cloud Financial Optimization

Leading Agile

After extensive evaluation and comparison of multiple vendors’ proposals, your team selected a cloud vendor and began migrating workloads to the cloud. You expected to have a bump in costs during the transition, but now you’re in what is supposed to be the “to be” state of your cloud migration , and the benefits in your benefits case aren’t materializing.

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Warehouse Optimization: Importance, Benefits & Tips

ProjectManager.com

Warehouses store goods for businesses. They’re also a place of work where orders are received, picked, packed and shipped to customers. Warehouse optimization is a process by which businesses try to make those activities as efficient as possible. To do so, there are several warehouse optimization techniques that we’ll list and define below. We’ll also explain how warehouse optimization fits into warehouse management, why it’s important and the benefits of optimizing warehouse process

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How to Stay Competitive in the Evolving State of Martech

Marketing technology is essential for B2B marketers to stay competitive in a rapidly changing digital landscape — and with 53% of marketers experiencing legacy technology issues and limitations, they’re researching innovations to expand and refine their technology stacks. To help practitioners keep up with the rapidly evolving martech landscape, this special report will discuss: How practitioners are integrating technologies and systems to encourage information-sharing between departments and pr