Tue.Jan 09, 2024

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Skills Of A CEO – Within Reach Of A Strategic PM?

The Strategic Project Manager

Some PM’s aspire to a CEO position. This post digs into this ambitious career objective, the required skills and attributes, strategy and project management as steppingstones to the CEO role, and attractive alternative career objectives. CEO – Is It a Good Career Objective? The answer is, “It depends.” Every person is different, and each person has a capacity to lead, envision, and make things happen in different ways.

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The Construction Resource Management Process Explained

ProjectManager.com

Managing the workforce in a construction project is a complicated endeavor. There are so many different subcontractors and all have to work together to deliver the project on time and within budget. Resources in construction are managed by construction resource management. There are many different types of construction resources beyond labor and we’ll define them as well as the process for construction resource management.

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Navigating Project Uncertainty with Decision Trees

Project Risk Coach

In the intricate world of project management, where each decision can lead to a myriad of outcomes, the ability to forecast and manage potential risks is invaluable. Enter Decision Tree Analysis, a robust tool that, quite literally, helps you see the forest for the trees. This analytical technique allows project managers and decision-makers to visually map out and understand the complexities of decisions, along with their possible consequences.

PMI 221
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Definition Of Done (DOD) Explanation and Example

Scrum.org

Often, people don't get the power out of a DOD that they really could. This article will review a few different thoughts on the DOD, relate the DOD to acceptance criteria, and show an example of a DOD. Hopefully, this will give you some ideas on improving your DOD so that it's not just a superficial checklist with little value. In the 12 years that I've been a Professional Scrum Trainer through Scrum.org, I've taught many classes on Scrum and seen many misunderstandings related to the DOD.

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The 2nd Generation of Innovation Management: A Survival Guide

Speaker: Chris Townsend, VP of Product Marketing, Wellspring

Over the past decade, companies have embraced innovation with enthusiasm—Chief Innovation Officers have been hired, and in-house incubators, accelerators, and co-creation labs have been launched. CEOs have spoken with passion about “making everyone an innovator” and the need “to disrupt our own business.” But after years of experimentation, senior leaders are asking: Is this still just an experiment, or are we in it for the long haul?

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Balancing Value: From Friedman’s Metrics to Purpose-Driven Impact

Green Project Management

I am often asked about the most significant challenge GPM faces when explaining the value of sustainable project management. This question frequently comes from CFOs who have yet to embrace the benefits of sustainable practices beyond mere compliance with regulatory or stakeholder demands. In this post, I aim at a favorite antagonist from a bygone […] The post Balancing Value: From Friedman’s Metrics to Purpose-Driven Impact appeared first on Insights into Sustainability and Project

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Best of PMTimes: Risk and Opportunity Management

PM Times

When asked how typical risk management exercises are conducted, most project managers reply that this involves conversations and documentation around risk events and their respective probabilities and impacts. While this is a necessary and beneficial exercise, this standard approach and mind-set does not account for taking time to recognize and focus on maximizing opportunities, […] The post Best of PMTimes: Risk and Opportunity Management appeared first on Project Management Articles, Web

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How AI is Impacting Project Management in 2024

NimbleWork

We might be a little way off having a robot colleague sitting at the next desk, but artificial intelligence (AI) is already impacting the workplace in many different ways. Generative AI and robotic processing and automation make it easier than ever to incorporate new ways of working into how projects are led. In this article, we’ll talk briefly about the impacts of AI in the workplace generally and then specifically about how it is changing the way projects are managed.

2024 64
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Why Your Business Needs Software Development Team Augmentation Services

Binfire

In today’s rapidly evolving digital landscape, businesses must keep pace with the latest technologies to stay competitive. One critical aspect that organizations often encounter is the need to scale their software development capabilities in line with their growth and project demands. Understanding how to address this need effectively is where software development team augmentation services come into play.

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9 Ideas for Boosting Rental Property Occupancy Rates 

Productivity Land

The vacation rental business can be a tough one, even in the best of times. It’s especially challenging for smaller operations that lack the scale of larger competitors. If baseline occupancy rates are too low, a small rental business can become overly dependent on volatile seasonal demand. Worse, it can be rendered vulnerable to one-off events like economic depressions, geopolitical turmoil, pandemics, and similar catastrophes.

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Breaking Ground on Better Payment Processes: Strategies for Construction Pros

Speaker: Timothy Allsopp

Payment challenges often lead to delayed projects, financial bottlenecks, and strained relationships. With construction projects becoming more complex, outdated processes are no longer sustainable. By refining financial workflow, companies can improve cash flow, reduce error, and foster trust between stakeholders. Discover practical strategies for redesigning payment systems to overcome workflow challenges while creating a smoother, more reliable process for contractors and subcontractors alike.

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Microsoft Project Online Integration with Azure DevOps

MPUG

While most PMOs and portfolio managers choose Project Online for enhanced resource planning and portfolio monitoring, teams that use agile tools can get a lot of value from Azure DevOps. Azure DevOps offers developer systems that allow teams to organize work, collaborate on code development, and create and launch apps. It provides a collaborative culture and methods that bring together software engineers, project managers, and contributors.

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Harnessing the Power of AI in Project Management Workflows

NimbleWork

Adding AI to your workflow sounds like something you might like to do, and there are plenty of benefits of AI-powered tools. But how do you get started? In this article, we’ll discuss 5 ways AI can help you streamline project management workflows with tips on how to start making changes to the way you work today. Streamline Workflows with AI There are plenty of ways AI can help you manage projects more effectively.

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20 NEW PMI-RMP Multi-Response Free Questions and Answers (Part - 1)

Management Yogi

The Risk Management Professional (RMP®) exam from PMI® has various types of questions, including the multi-response questions. Indeed, if you are appearing for the latest RMP exam in 2024 and beyond, then you will face both multi-choice and multi-response questions. There is a subtle difference between the two.Multi-choice questions: There will be four radio-button choices.

PMI 59
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Best Zendesk Themes: Elevating Customer Support and User Experience

UPQODE

Incorporating a self-service help center, like Zendesk Help Center, is a crucial aspect of customer retention strategies. Most customers today expect an easily accessible repository of product/service information and FAQs. By adding Zendesk Help Center, you’ve made a significant move towards enhancing customer success. Customizing your Zendesk themes is vital for several reasons: Maintaining consistent branding ensures a seamless transition from your main website to the help center.

Retail 52
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15 Modern Use Cases for Enterprise Business Intelligence

Large enterprises face unique challenges in optimizing their Business Intelligence (BI) output due to the sheer scale and complexity of their operations. Unlike smaller organizations, where basic BI features and simple dashboards might suffice, enterprises must manage vast amounts of data from diverse sources. What are the top modern BI use cases for enterprise businesses to help you get a leg up on the competition?

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Empowering Flexibility: Dynamic Capacity for Flexible Work Environments

Hub Planner

As the business landscape continues to shift towards a more flexible work environment, the need for dynamic solutions in resource management becomes paramount. Traditional static capacity planning falls short in meeting the challenges posed by the evolving nature of modern businesses. Enter Hub Planner’s latest innovation – Dynamic Capacity. Understanding the complexity of evolving resource management Resource manageme nt is inherently complex, and a one-size-fits-all approach is no longer

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3 common obstacles new Scrum teams face

Scrum.org

What are the most common obstacles teams face when they first start using Scrum? Are they always just team problems? Are the organizational structure problems? Is it the way companies manage projects? In this Responsive Advisors Lightning Round, Professional Scrum Trainers Jason Malmstadt , Robb Pieper , and I discuss common obstacles and how to navigate them.

SCRUM 195
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Data Visualization Tips: How To Make a Pie Chart in Excel

Wrike

Remember those dreaded oral presentations as a kid where you would have to prepare a PowerPoint, stand in front of the entire class, and then give a speech? No doubt, 20 pairs of eyes staring at you is nerve-racking enough. What makes it even worse is when your class decides to tune out and stop paying attention to you altogether. Although it is easy to dismiss your classmates as merely being rude or disengaged for personal reasons, perhaps they felt that your presentation was a bit boring.

Finance 36
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Is Game Theory the answer?

Musings on Project Management

In any moment of decision, the best thing you can do is the right thing, the next best thing is the wrong thing, and the worst thing you can do is nothing. —Theodore Roosevelt Actually, that's Teddy's version of cousin FDR's famous "Try something!" But what if it's all about a threat -- something external -- for which you have no experience? Call in your PMO team and brainstorm?

PMO 150
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Prepare Now: 2025s Must-Know Trends For Product And Data Leaders

Speaker: Jay Allardyce, Deepak Vittal, Terrence Sheflin, and Mahyar Ghasemali

As we look ahead to 2025, business intelligence and data analytics are set to play pivotal roles in shaping success. Organizations are already starting to face a host of transformative trends as the year comes to a close, including the integration of AI in data analytics, an increased emphasis on real-time data insights, and the growing importance of user experience in BI solutions.

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Harnessing the Power of User-Generated Content

Tactical Project Management

Amidst the ever-evolving landscape of the digital era, where connections transcend physical boundaries, the concept of “User-Generated Content (UGC)” emerges naturally as a powerful catalyst shaping the online sphere. This journey embarks on a comprehensive exploration of the multifaceted nature of UGC, akin to a shared tale amongst acquaintances spanning the globe.

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[VLOG] How I became a PST

Scrum.org

People usually ask me how I became a Professional Scrum Trainer (PST) with Scrum.org. They want to hear my experience. So, I have decided to make this video about it. The process had 9 steps. It took me 4 years to achieve it. It was a journey full of joy and failures. I failed 8 times in various steps throughout the journey. It's not a small goal.

SCRUM 184