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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Cost: Let's review

Musings on Project Management

How many ways are there to say "Cost"?Certainly, more than one!When "they" ask: 'How do YOU manage cost?", your answer is: 'It's complicated' because there are so many varieties of 'cost'.

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Incremental Delivery controls risk

Scrum.org

I really can’t let this incremental delivery topic go. According to the 2020 Scrum Guide , “Scrum employs an iterative, incremental approach to optimize predictability and to control risk.” This means that Scrum teams deliver a done, usable increment of working product frequently. Here's an analogy to explain incremental delivery in a simple way. Imagine if you needed to deliver a giant hexagon.

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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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The Project Clinic: Assessing Project Health, Planning, and Execution

Speaker: Ketan Jahagirdar

Picture your projects as patients, each with its own unique rhythm and pulse, thriving under your care 🥼 🩺 Step into the role of an innovative project doctor in our upcoming webinar! This session is your guide to evaluating the health of your projects through Waterfall and Agile practices like Scrum and Kanban. We’ll explore the vital signs of project success through the lens of the “iron triangle” metrics, unveiling how deliverables translate into measurable outputs.

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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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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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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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From Utopia to Reality: Project Management’s Origins in Literature to Our Mandate

Green Project Management

As a student of project management, it’s fascinating to explore the earliest discussions of projects and their societal impacts. Understanding the origins of project management provides some insights into how early thinkers conceptualized organized tasks for the benefit of society. This post shares the foundational ideas that have influenced modern practices, showcasing the evolution of […] The post From Utopia to Reality: Project Management’s Origins in Literature to Our Mandate app

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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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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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RAG Status in Project Management: Importance & Benefits

ProjectManager.com

Key performance indicators (KPIs) provide projects with a lot of data. But to know whether those KPIs are on target requires more than just a gut feeling. You need a way to quickly and expertly evaluate whether project goals are being met. That’s what a RAG status does. RAG status begins with understanding the acronym and how RAG status is used in project management.

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Boosting Law Firm Productivity: Top Tech Tools and Practices

Productivity Land

In the ever-evolving legal services landscape, law firms continually seek ways to enhance efficiency and streamline operations. Leveraging technology is no longer an option but is necessary to stay competitive and deliver exceptional client service. Among these technologies, specific tools have proven especially effective in boosting productivity for legal professionals.

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Die Verantwortung des Entwicklers in Scrum: 5 Irrtümer, welche die Rollenklärung behindern

Scrum.org

Du möchtest Scrum in deinem Team wiederbeleben, wo es etwas aus dem Blick geraten ist? In dieser Situation befindet sich einer meiner Kunden und hat mich um Hilfe gebeten. Ich war vor Ort und wir haben eine Schulung in Scrum für Entwickler, Produktmanager und Manager durchgeführt. In mehreren Sprints haben Teilnehmer ein Produkt entwickelt. Gleichzeit haben wir so schrittweise die Theorie, Regeln und Empfehlungen hinter Scrum erarbeitet.

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Effective Project Communications Management to Avoid Misunderstandings and Delays

Project Pulse Journal

By: Meredith G. Malinawan, PMP They say a project manager spends 90% of their time on project communication. Thus, an effective project communication plan is the cornerstone of success. Yet, project managers struggle with keeping all stakeholders on the same page, leading to miscommunication that delays even the most meticulously planned projects. Everyone dreams of working on a project where every team member is in harmony, there are fewer misunderstandings, and progress is communicated clearly

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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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16 Agency Metrics & Data to Track For a Profitable Business

Scoro

As an agency, profitability depends greatly on accurately tracking and understanding your company’s key metrics and data. This includes not just financial metrics, but also operational, sales, and project management data. In this guide, we’ll walk you through 16 key agency metrics and data to know and track to improve your agency’s profitability.

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How do Lawyers Track Billable Hours? Ways, Benefits & More

Teamweek

Many lawyers and law firms lose valuable billable hours when tracking their time. These lawyers typically use the following outdated and clunky time tracking techniques: Calendar time tracking Email time tracking Phone call time tracking Spreadsheet time tracking Billable hours charts Such time tracking methods can’t keep up with the fast pace of law work environments and ever-changing schedules.

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They broke the cookie cutter!

Brett Harned

Hrishikesh Karekar wrote Is the party over for Scrum Masters and Agile Coaches? " on Medium, and I've been nodding "yes" for about 5 minutes now. As an experienced PM and consultant in the tech space, I've been cringing at "Agile transformation" and the adoption of expensive, cookie-cutter solutions for years because they never work full-bore.

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Top 5 Pitfalls of New Product Owners and How to Avoid Them

Scrum.org

Stepping into the Product Owner's shoes can be both exhilarating and daunting. In any Scrum team, Product Owners are crucial in driving the product to success. However, transitioning into this pivotal position often comes with a learning curve, and mistakes are part of the journey. Recognizing them early can set the stage for success. Here are some of the most common pitfalls that new Product Owners encounter and practical advice on how to avoid them. 1.

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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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Five Steps in Evaluating Project Management Technologies

Project Pulse Journal

By: Hajime Estanislao, PMP, CSM Are you struggling to keep your complex projects on track, within budget, and up to the desired quality standards? Managing projects effectively can be daunting, especially with multiple project tasks, tight deadlines, and the need for constant collaboration. Imagine having powerful tools that can streamline your processes, enhance team communication, and provide real-time insights into project performance.

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Accelerating AI Adoption With Dr. Leon Herszon, PhD and Max Langosco Thursday, June 20 11:00 am – 12:00 pm EDT

International Institute for Learning

International Institute for Learning, Inc. IIL is a global leader in training, consulting, coaching and customized course development, and is proud to be the educational provider of choice for thousands of for many top global companies. IIL's core competencies include Project, Program and Portfolio Management, Business Analysis, Microsoft® Project and Project Server, Lean Six Sigma, PRINCE2®, ITIL®, Agile, Leadership and Interpersonal Skills, Corporate Consciousness and Sustainability.

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Bye 9-to-5: Employees Want Flexible Working Hours

Teamweek

Henry Ford is world-famous for his innovative methods, his impact on the car industry, and one more thing — popularizing the 40-hour workweek in the 1920s. That was 100 years ago, though! No wonder the 9-5 has fallen under serious scrutiny , with the global pandemic serving as a major catalyst for the calls for change. Although the pandemic accelerated the shift towards remote work, the demand for flexible hours is more than just a trend — it’s a growing expectation among employees.

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Junior

Brett Harned

As I made my coffee this morning, I looked over at the counter and found this seemingly important document sitting there, waiting to be seen. Immediately, I thought, “Ugh, I’m going to have to drive this to school.” Then I took a deeper look. It’s a PROJECT PLAN. Folks, I do not teach project management at home. I do not even talk about project management at home.

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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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Scrum does not work!

Scrum.org

Scrum is often misunderstood. Many see it as a series of endless meetings with little actual progress. This couldn't be further from the truth. Scrum events, often mistaken for unproductive ceremonies, are designed to facilitate continuous inspection and adaptation. Each event serves a purpose, driving the team towards achieving the Sprint Goal and delivering value.

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Focus – A Critical Success Factor

PM Times

The ability to focus is a critical success factor for project managers, business analysts, and anyone else who is in a task-oriented position. On the project level, it is costly when resources divide their attention between multiple projects. Stop, start, and stop again performance has an overhead. The same is true for individuals. Without focus […] The post Focus – A Critical Success Factor appeared first on Project Management Articles, Webinars, Templates and Jobs.

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Connecting Dots, Forward Planning, and Vulnerability: A Conversation with Teresa Lynch (Part 1)

Clint Padgett – Project Success

Episode Information: Clint has a conversation with Teresa, a seasoned project manager with extensive experience in leading high-performing teams. During their talk, Teresa shares her journey into project management and the key experiences that have shaped her approach. She discusses the essential qualities that distinguish outstanding project managers, emphasizing the importance of being a dot connector and the value of proactive planning over micromanagement.

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How to Improve Production Efficiency in Manufacturing

ProjectManager.com

Manufacturers, as in all businesses, are constantly seeking efficiencies that reduce costs while maintaining the production of quality goods. This is, of course, easier said than done. However, manufacturers have methods, such as production efficiency, to help achieve these goals. What is production efficiency and how does an organization calculate it?

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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