Sat.Jan 15, 2022 - Fri.Jan 21, 2022

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The Triple Constraint in Project Management: Time, Scope & Cost

ProjectManager.com

The triple constraint of project management has been given many names – the Project Management Triangle, Iron Triangle, and Project Triangle – which should give you an idea of how important the Triple Constraint is when managing a project. If you’re managing a project, then you’re working with the Triple Constraint. Therefore, it can be easily argued that the Triple Constraint might be the single most important concept in the history of project management.

Budget 502
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The Value of Informal Communication

Bridge the Gap Consulting

A 30 minute coffee meeting turned into 90. Before we knew it, we both had other meetings to go to. Where had the time gone? What started as reviewing the scope of a program turned into a conversation about our personal lives, one that found many commonalities. Your kiddo swims? So does mine! My family enjoys camping in the summer also. You worked with [name] at [company]?

Defining 105
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Own Your Own Professional Development

PM Times

This year (2022) is the best time to talk about something interesting – that is professional development. Why do I think you may be interested in this topic? Well, a recent (Sep 2021) survey conducted by HR Platform Employment Hero [1] via about 1000 survey respondents found that 48 percent of Australian workers planned to […]. The post Own Your Own Professional Development appeared first on Project Management Articles, Webinars, Templates and Jobs.

2022 117
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How to Fail as an Agile Coach in Scrum

Scrum.org

Scrum defines three specific accountabilities within the Scrum Team: the Developers, the Product Owner, and the Scrum Master. — Scrum Guide 2020. When it comes to the Scrum framework, these three roles with their accountabilities are the minimum required to deliver a potentially “done” Increment. The fact that Scrum doesn’t define other roles/positions/functions (how you want to call them) doesn’t rule out the fact that their accountabilities aren’t valuable.

SCRUM 216
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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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What Is a Project Scope Baseline & How to Create One?

ProjectManager.com

Learn what is a project scope baseline and how to make one. In this video, our host Jennifer Bridges PMP explains how to define the project scope and why it is important to create a scope baseline for your projects. But before we move into that, let’s start with the definition of a project scope baseline. What Is a Scope Baseline? A scope baseline is an approved version of your project scope, which is documented in a scope statement , work breakdown structure (WBS) and WBS dictionary.

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The Pareto Principle in Project Management

Inloox

The origin of the Pareto principle The Pareto principle goes back to the Italian Vilfredo Pareto. This scientist and sociologist found out that 80% of the Italian national wealth is owned by about 20% of Italian families. Now you probably ask yourself what the distribution of the Italian national wealth has to do with project management. The American Joseph M.

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Top 10 Challenges Faced by Scrum Masters and Ways to Overcome them

Scrum.org

. The portrayal of a Scrum Master on a Scrum Team is barely the same as the role of the traditional Project Manager. A project manager generally has to go through a hierarchy of a pyramidical system. Scrum Masters have their own ways of not being an overlord in the traditional sense and are more focused on being the facilitator at the same level as others on their team.

SCRUM 214
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How to Create a Workflow Diagram for Your Project (Free Tools Included)

ProjectManager.com

A workflow diagram lets you view the whole project in one flow chart. All of your tasks and how they move from one to the next are outlined in the project plan , of course, but having a visual is a quick and easy method to see the big picture. Every tool that helps define the project and make it more manageable is valuable. What Is a Workflow Diagram?

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The art of unshipping: How to deprioritize features, phase out projects and sunset products

Planio

In 2017, Apple did something no one expected. They removed the headphone jack on their latest iPhone. The media called it a mistake. Users took to Twitter to announce they’d rather jump ship to Android than deal with another dongle. By the public response, the announcement was a huge mistake. But why would the world’s most valuable company risk upsetting their legions of fans?

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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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What are the Barriers to Rapid Digital Transformation?

Planview

When KPMG asked CEOs how the COVID-19 pandemic impacted their digital transformation plans, 74 percent said it accelerated the digitization of operations and the creation of a next-generation operating model by months, if not years. Yet for some organizations, the initial hustle to transform can get bogged down by obstacles throughout the company. What are the barriers to rapid digital transformation?

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Use Kanban and Flow Metrics to Reclaim Your Daily Scrum

Scrum.org

Every Scrum Team, at some point, will struggle with how to facilitate the Daily Scrum. This event is the source of endless misunderstandings, even including what it's called. It's the Daily Scrum, not the "stand-up.". Purpose. "The purpose of the Daily Scrum is to inspect progress toward the Sprint Goal and adapt the Sprint Backlog as necessary, adjusting the upcoming planned work.

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Four Functions of Management: Planning, Organizing, Leading & Controlling

ProjectManager.com

The word management is often treated as if it has four letters. But try getting anything done in a fast-paced work environment without applying the four functions of management. No matter what type of work you do, having a clear understanding of the four functions of management will help you do that work more efficiently. It’s all about adapting to whatever work environment you’re in and making it perform better.

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What is a project pipeline tracker?

nTask

As pipelines are used to create smooth water flows, a project pipeline tracker is used to create smooth project flows. Sounds interesting, right? Hurdles, roadblocks, and bugs are bound to occur; however, creating a pipeline can help to mitigate all of that to a great deal. According to a report , in 2021, 34% of projects were completed on time, compared to 29% in 2020. 45% had a record of their project success as well.

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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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How to Pass Implementing SAFe SPC Training Exam in your First Attempt

Agilemania

Becoming a SPC is a dream many have but only a few can realize. Here’s a simple guide to help you pass the SPC Certification. Before we proceed, here’s a word of advice. Go for the SPC exam only if you truly wish to become a SAFe Program Consultant. If you aspire to become an Agile Coach and then need to lead the SAFe implementation in your organization, becoming a SAFe Program Consultant is the right choice.

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¿Qué es un Agile Coach?

Scrum.org

En un panorama empresarial complejo, globalizado y tecnológicamente competitivo, las organizaciones buscan cada vez más ser más ágiles en todos los sentidos. Los beneficios son numerosos. Incluyen desde acelerar la entrega de software, ser más capaz de gestionar las prioridades cambiantes y mejorar la productividad y la innovación en nuestra entrega de valor.

Agile 192
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The Benefits Triple Constraint of a Project

The Strategic Project Manager

Most project managers are familiar with the Triple Constraint, or Iron Triangle. It focuses inwardly on the project constraints of Scope, Time, and Cost. But what about an ‘outward’ focus – one focused more on strategic elements that also define whether the project is a success or not? This post examines an outwardly focused set of constraints called the Benefits Triple Constraint.

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Weekend Habits To Succeed In Life (4th One Is A Real Game-changer)

Proofhub

Source: [link] “ If you are going to achieve excellence in big things, you develop the habits in little matters. Excellence is not an option, it is a prevailing attitude. ”?—?Colin Powell I was going through my daily medium feed when I stumbled upon this beautiful article on weekend habits. It talked about how a small experiment that involved time-tracking during the weekends helped the writer realize she had more time than she ever thought she had.

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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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Top 5 Ways Your ALM Tooling Strategy May Be Blocking Transformation

Leading Agile

Ultimately, the Application Lifecycle Management (ALM) tool your organization chooses or the way that it is configured—no matter how great—is not going to transform your organization. However, your organization’s tooling strategy (or lack thereof) can make the Transformation far more difficult than necessary. Your ALM tool should work to enable the system to which your organization is transforming.

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How the Scrum Values direct your behavior during Sprint Planning - Back to the foundations of the Scrum framework (34)

Scrum.org

We started this Scrum foundation series explaining we see four underlying concepts of the Scrum framework. In the past series of mails we covered the three pillars of Empiricism. You might have felt that implementing an empirical approach is not easy. And one of the main reasons, if not the main reason, is trust. Without trust, people will not be transparent enough, leading to blurred results during inspection, and resulting in adaptations that are not the most valuable.

SCRUM 191
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The Engagement Triple Constraint

The Strategic Project Manager

While scope, cost, and time are always a concern in project management, success with them does not by itself mean project success. Fulfilling the project’s purpose gets you a lot closer…but that’s high level. Implementing a successful project requires tradeoffs – in external areas that require external help. What Is the Engagement Triple Constraint?

PMO 97
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Understanding Dependencies in Project Management

Wrike

In project management, identifying and handling a variety of dependencies is one of the most important tasks team leaders will manage. The challenge is that dependencies in project management are often complex. There are different types of dependencies that need to be considered in different project phases. In this article, we’ll dive deep into project dependencies by going over types, examples, and how Wrike can be used to seamlessly manage them all.

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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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Automotive Industry 2022: Overcoming Project Challenges

Epicflow Blog

The trends shaping the automotive industry in 2022 will certainly have an impact on its companies’ projects. What issues will they bring to automotive project management, and what are the ways to address them? Read further to explore these issues in detail. . Challenges in Automotive Projects. The automotive industry is moving towards the new future by leaps and bounds.

2022 52
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Why Value Density Matters

Leading Agile

If we want to connect our strategy to real outcomes, we have to first understand that strategy isn’t just about the aspirations we have as an organization. It’s about planning to reach our goals and deciding what to do with our limited capacity to achieve them. But before we can determine what our goals are, we have to first identify what’s most valuable to the organization and prioritize the things that will release the most value into it.

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ActiveCollab - An Affordable Project Management Tool Perfect for Startups Like Trail Digital

ActiveCollab

Startups have limited resources. You can't afford to waste time or money. The right project management tool saves you both by making it possible to get more done, and in less time. We speak with Josh Byrne, founder of Cape Town based startup SEO consultancy, Trail Digital and he shares his thoughts on why project management is a key ingredient for a productive work-life balance, the business problems he was facing prior to purchasing a robust project management tool, and how ActiveCollab helps h

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Advanced Excel and PowerBI Reporting for MS Project

MPUG

Often project data is requested for stakeholders who do not have MS Project installed or are not experienced enough to work with it. MS Project reporting to MS Excel or other visualization software is limited. An export to MS Excel allows for the generation of only plain tables of project tasks, resources, and assignments. This can be hard for users when they wish to analyze project progress, status, forecast, etc.

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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.