Sat.Nov 25, 2023 - Fri.Dec 01, 2023

article thumbnail

How Project Managers May Help Address Construction’s $30-$40B Productivity Problem

PM Times

Productivity has been in steady decline—CNBC reported a few months ago, for example, that the U.S. had experienced five consecutive quarters of year-over-year declines in worker productivity. Last year, worker productivity was falling at the fastest rate in four decades. Productivity in construction is an even harsher reality, the industry faced with skilled labor shortages […] The post How Project Managers May Help Address Construction’s $30-$40B Productivity Problem appeared first on Pro

article thumbnail

9 Best Project Management Certifications in 2024

The IIL Blog

By: Dr. Michael Shick, MSPM, PMP, CSM Are you looking to change careers or grab hold of the ever-evolving world of project management? As 2024 unfolds, certifications beckon with more promise and potential. With –many paths, selecting the proper project management certification can be your game-changer–the difference between searching for a job and landing that dream position!

2024 166
Insiders

Sign Up for our Newsletter

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

article thumbnail

How to manage team conflict (& 5 strategies for conflict resolution)

Rebel’s Guide to PM

Projects can be a hotbed of conflict. From the difficult stakeholder who wants to undermine the project’s success to a disagreement about a feature of a deliverable, project work lends itself to workplace conflict situations. And project managers contribute hugely to that because we go out and look for it. We challenge leaders, we talk about risk and what might go wrong and we call people out on poor performance through project monitoring and control.

article thumbnail

Beyond Management: Orchestrating Project Success with (Project) Leadership

NimbleWork

In the fast-paced and ever-evolving landscape of modern business, the key to achieving organizational goals lie in the mastery of effective project management. Projects, whether they involve launching new products, enhancing efficiency, upgrading technology, improving customer satisfaction, or boosting employee morale, serve as the driving force behind transformative change.

article thumbnail

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.

article thumbnail

Organizational Process Assets: Definitions, Examples & Templates

ProjectManager.com

There are many things that are needed when managing a project. Front of mind are resources and intangible things like leadership, experience and general know-how. But there are also tangible items that are just as important. Some of these are called organizational process assets. These organizational process assets are critical to a project’s success and its operations.

Process 360

More Trending

article thumbnail

Project Health Checks

The IIL Blog

By Harold Kerzner, Ph.D. Introduction to Project Health Checks Projects seem to progress quickly until they are about 60-70% complete. During that time, everyone applauds that work is progressing as planned. Then, perhaps without any warning, the truth comes out and we discover that the project is in trouble. This occurs because of: Our disbelief in the value of using the traditional project metrics of time, cost, and scope only Selecting other metrics which may not be applicable or correct Our

article thumbnail

Beyond Algorithms: The Human Factor in AI-Driven Sustainability

Green Project Management

In an era where generative AI is revolutionizing industries, the promise of leveraging such technology for sustainability is tantalizing. The IBM Institute for Business Value’s guide, “The CEO’s guide to generative AI Sustainability,” underscores the potential of AI to scale sustainability efforts, offering CEOs a beacon of hope in the daunting quest for responsible growth. […] The post Beyond Algorithms: The Human Factor in AI-Driven Sustainability appeared first on Driv

article thumbnail

Deadlines for Project Management: by Hub Planner

Hub Planner

Deadlines: The need for precision Project Management As project complexity continues to rise, project managers find themselves facing the challenge of juggling multiple tasks, deadlines, and team members. Maintaining a high level of organization and staying on top of project timelines can be a daunting task. Enter Hub Planner’s Deadlines for project management extension, designed to address these challenges head-on by offering a comprehensive solution for managing project timelines with pr

Budget 36
article thumbnail

Shifting baseline syndrome

Musings on Project Management

It's a rare project of any significant scale that does not rebaseline sometime in the life of the project.Why rebaseline?The PM rebaselines when the "old" baseline is no longer relevant as a guide to management. Either cost, schedule, or scope have gotten so far off the original baseline that the baseline is no longer valid for future management decisions.

150
150
article thumbnail

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?

article thumbnail

What Is an IT Budget? IT Budgeting Basics (Template Included)

ProjectManager.com

Information technology (IT) runs most businesses. It’s hard to imagine a company without an IT department. But those devices don’t run for free. Managing information costs and managing information security for those costs are part of making an IT budget. First, we need to understand what an IT budget is, how often they’re made and what is the best size for one.

Budget 338
article thumbnail

Smart glasses: The future of work productivity?

Rebel’s Guide to PM

After decades of novelty releases that never quite hit the mainstream, wearable tech is finally having a real moment in the sun. The market has been primed thanks to years of good offerings from the smartwatch department, and with the proliferation of augmented reality (AR), smart glasses are poised to be next to take the world by storm. If you don’t personally have a smartwatch, I bet you know someone who wears one to work.

article thumbnail

Framing Transformation Strategy from a Learning Perspective: A Shift from Assertion

Scrum.org

The mantra “adapt or perish” has never been truer than in today’s breakneck business environment. Yet, how we adapt, specifically the framework and mindset we employ in driving transformation, can significantly dictate our success. Traditional transformation strategies often hinge on assertiveness and top-down directives. But what if there's a more dynamic, resilient way?

article thumbnail

LeadingAgile’s Top 10 Field Notes 2023

Leading Agile

As 2023 draws to an end, like most of you, we’ve been busy taking inventory of how it went. We had some wins, some losses, and a TON of opportunities to learn and grow. Now, we turn our attention to 2024. In preparation, we’ve been pouring over this year’s data and we were curious to know what 2023’s top performing Field Notes were.

2023 131
article thumbnail

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.

article thumbnail

IT Financial Management (ITFM) Best Practices

ProjectManager.com

Information technology (IT) has found its way into almost every aspect of our lives, both professionally and personally. What we might take for granted actually involves a great deal of work and investment. IT financial management (ITFM) covers the costs of keeping our network, servers and devices running. IT financial management is a bit more complicated than that and we’ll explain by more thoroughly defining the term.

article thumbnail

9 Best Project Management Certifications in 2024

International Institute for Learning

Free Newsletter | Learner Login Search Search Close this search box. Courses Browse Courses Live Virtual Learning On-Demand In-Person Professional Certifications Learning Categories Project, Program and Portfolio Management Agile and Scrum Leadership and Interpersonal Skills Business Analysis Business Relationship Management Cybersecurity Information Technology Management Lean Six Sigma Microsoft Project Online Conferences Leadership and Innovation Agile and Scrum International Project Managemen

2024 97
article thumbnail

Die Scrum-Falle der Anwendung veralteter Ideen aus vergangenen Zeiten ??

Scrum.org

In Kürze: Die Scrum-Falle Scrum ist ein absichtlich unvollständiges Konzept. Es muss daher durch Werkzeuge und Praktiken ergänzt werden, um seine theoretische Grundlage auf die geschäftliche Realität einer Organisation anzuwenden: Welche Probleme sollen für wen in welchem Markt gelöst werden? Außerdem muss die Kultur eines Unternehmens berücksichtigt werden.

SCRUM 149
article thumbnail

NimbleWork November 2023 Newsletter

NimbleWork

In the dynamic landscape of modern business, achieving organizational goals hinges on effective project management. Whether launching new products, improving efficiency, upgrading technology, enhancing customer satisfaction, or boosting employee morale, projects are the driving force of change. Leading vs Managing, understanding this distinction is pivotal.

2023 84
article thumbnail

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

article thumbnail

Track Your Inventory: Free Google Sheets Inventory Template

ProjectManager.com

Inventories are a very important tool for business management as they allow companies to track physical assets such as raw materials, supplies and products that are available for sale. This Google Sheets inventory template works for any of those cases, especially for teams that need to collaborate online. Why Should You Use This Google Sheets Inventory Template?

article thumbnail

Push SMS Solutions: Transforming Healthcare Communications

Productivity Land

Source The future of healthcare communication is being redefined. Traditional methods are giving way to more interactive, patient-focused solutions. One such innovation is push SMS solutions. Push SMS solutions help patients keep track of appointments, health data, and medicine reminders. They work to make healthcare easier for the patient, building trust along the way.

article thumbnail

The Scrum Trap: How Unfit Practices Will Harm Return on Investment

Scrum.org

TL, DR: The Scrum Trap Scrum is a purposefully incomplete framework. Consequently, it needs to be augmented with tools and practices to apply its theoretical foundation to an organization’s business reality: what problems shall be solved for whom in which market? Moreover, there is an organization’s culture to take into account. However, the intentional “gap” is not a free-for-all to accept whatever comes to mind or is convenient.

SCRUM 150
article thumbnail

LeadingAgile’s Top 10 Field Notes 2023

Leading Agile

As 2023 draws to an end, like most of you, we’ve been busy taking inventory of how it went. We had some wins, some losses, and a TON of opportunities to learn and grow. Now, we turn our attention to 2024. In preparation, we’ve been pouring over this year’s data and we were curious to know what 2023’s top performing Field Notes were.

2023 62
article thumbnail

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.

article thumbnail

What is Resource Smoothing in Project Management? [Guide]

Teamweek

Project managers employ many strategies to help them allocate resources more effectively, such as resource smoothing. Resource smoothing helps you manage your time and people better, but it can be an overwhelming process. In this article, you’ll learn how resource smoothing can be done simply, using techniques and tools that simplify your job and drive results.

article thumbnail

Lessons from the PMI Summit 2023

NimbleWork

This year, we participated in the Project Management Institute’s annual PMI Summit, held in Atlanta. Over the course of two and a half days, we met with a wide range of people from different companies and different countries. While many of them did not have a lot of time to spare, we still managed to connect with at least over a hundred people with whom we had some great conversations.

PMI 52
article thumbnail

VLOG: How to use Actionable Agile to track Flow Metrics: A deep dive

Scrum.org

Flow Metrics are far superior to Story Points and Velocity when it comes to understanding a teams ability to get value to market. Many tools like JIRA capture all the data required to track Flow Metrics, but do a poor job of surfacing this information. Actionable Agile ([link] is a tool that works with JIRA and Azure Devops, and it does a fantastic job of presenting Flow Metrics in a way that is easy to understand and can lead to some actionable insights.

Agile 136
article thumbnail

How to Create Clarity and Unlock the Flow of Value in Large Organizations

Leading Agile

Business Agility is all about creating strategic alignment between different parts of your organization. One of the ways that we help our clients create strategic alignment is by implementing a four-tiered governance model that has a dedicated strategy team, or investment team on top. This team is responsible for setting the strategy, applying context for all the other teams, and making sure that they are holding the system of delivery accountable.

article thumbnail

How Embedded Analytics Gets You to Market Faster with a SAAS Offering

Start-ups & SMBs launching products quickly must bundle dashboards, reports, & self-service analytics into apps. Customers expect rapid value from your product (time-to-value), data security, and access to advanced capabilities. Traditional Business Intelligence (BI) tools can provide valuable data analysis capabilities, but they have a barrier to entry that can stop small and midsize businesses from capitalizing on them.