May, 2023

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Five Reasons Why AI is Not a Replacement for Project Managers [It is a tool].

Green Project Management

AI is one of the most talked about advancements, and everyone has an opinion on the future. Today, I want to dive in on what has been on my mind regarding the role of Artificial Intelligence (AI) in project management. There’s been heaps of buzz around AI taking over jobs across various industries, and project […] The post Five Reasons Why AI is Not a Replacement for Project Managers [It is a tool]. appeared first on Driving Sustainable Change.

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The Evolution of Project Management

The IIL Blog

By Harold Kerzner, Ph.D., and Cynthia Snyder Dionisio, MBA, PMP We have all attended project management workshops, conferences, and symposiums. We have read books and journal articles on various project management topics. What we ended up learning was about the present state-of-the-art of project management and what the future might look like. But sometimes, it is nice to reminisce about the past and see some of the major changes that have gotten us to where we are today in project management.

Aerospace 147
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Killing a Major Project is Hard

MPUG

Introduction This article is a follow-up to an article that I published last fall ( Killing a Project ) that discusses what to do when pulling the plug or canceling a project, regardless of its size. Now I am going to concentrate on how to pull the plug on major projects, which is a difficult decision requiring complicated and objective evaluations.

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10 Reasons Why Teamwork Matters in Project Management

Rebel’s Guide to PM

We know instinctively that it’s worth working together to get projects done. But when you have to convince others of the benefits of working together… well, it’s not always easy. Here are some clear and compelling reasons why it’s important to collaborate on projects. Teamwork makes the dream work isn’t just a corny saying!

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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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Types of Risks In Project Management – Are All Risks Equal?

WorkOtter

Risks are common in business. These risks carry uncertainties which pose potential threats to the financial health of the organization. Projects help the business reach objectives and goals, and with each project comes its own set of risks. Fortunately, with some savvy risk analysis, you can avoid costly risks and take advantage of exciting opportunities.

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Project Management Budget Tracker: Tips and Tricks to Use

nTask

Project Management Budget Tracker is a crucial tool for any project manager to keep track of expenses and ensure that the project stays within budget. The Budget Tracker helps managers to stay on top of costs and allows them to make informed decisions about where to allocate resources.

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Comprehensive Comparison of Project Management and Portfolio Project Management

LiquidPlanner

Both project (PM) and portfolio management (PPM) are core processes for driving growth in many businesses – large and small. While it’s easy to confuse the two, they serve very different purposes. So what exactly is PM and PPM, and what are the key differences between the two processes? Project Management vs Portfolio Project Management One of the best ways to visualize the difference between PM and PPM is to put yourself at sea on a boat.

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A Compact Guide To Security Project Management

Tactical Project Management

In today's fast-paced business environment, security project management has become increasingly important. The ability to manage security projects effectively can make the difference between success and failure, not only in terms of protecting sensitive information but also in terms of maintaining business continuity. This compact guide provides an overview of the key principles of security project management, including risk assessment, project planning, execution, monitoring, and evaluation.

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Managing Strategic Projects and the Goldilocks Rule

The Strategic Project Manager

The Goldilocks Rule codifies an interesting phenomenon – and how we can leverage it. This post explores what it is, and how it applies in so many areas of endeavor. The focus is on how it applies to us personally, how it applies to strategy, and how it applies to project management. What Is the Goldilocks Rule? The Goldilocks Rule is derived from the story in American literature of “ Goldilocks and the Three Bears “ In the story, Goldilocks tested the porridge, chairs, and the

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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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Organizational Process Assets: What does that even mean?

Rebel’s Guide to PM

Project managers are often faced with the challenge of managing complex projects and ensuring that they stay on track. One key tool to success is understanding how to use organizational process assets effectively. But what is an organizational process asset (OPA)? I’ll confess: when I started out as a project manager, this was a piece of jargon that honestly didn’t mean much at all?

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How to Track Resource Availability In Project Management

ProjectManager.com

Projects are planned and scheduled, but that’s just the preamble to the real work. Executing projects to meet deadlines without overspending the budget requires a project manager to understand resource availability. It’s part of the larger process of resource management. Resources are anything used to deliver project tasks including materials, equipment, labor and more.

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The Sustainable Project Management Principle of Social and Ecological Equity

Green Project Management

This is the 5th installment in our series on Sustainable Project Management Principles. As project managers, it’s crucial to consider the social and ecological equity principle when planning and executing projects in ecologically sensitive areas and centers of population. [In 2023, this essentially means on earth]. Social and ecological equity refers to the fair distribution […] The post The Sustainable Project Management Principle of Social and Ecological Equity appeared first on Dr

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How to improve cross-functionality within your team?

Scrum.org

Teams are more effective when they learn how to effectively combine their skills to complete a shared task. This is the essence of cross-functionality. Cross-functional teams are defined as consisting of members with different functional backgrounds ( Keller, 2001 ). The presence of different skills in teams creates opportunities for organizational ambidexterity.

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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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Applying the heuristics of “How Big Things Get Done” to adaptive delivery

Kiron Bondale

I read a number of project leadership books each year but usually I find only one or two which really make an impact. Professor Bent Flyvbjerg and Dan Gardner ‘s book “ How Big Things Get Done ” is one of the latter. I have never had the opportunity to lead a megaproject (the term is typically used for those with a budget in excess of $1 billion), but over the last fifteen years I have read a number of the articles published by Prof.

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Project Risk Management: Strategies for Identifying, Assessing, and Managing Risks

LiquidPlanner

Even the best-laid plans aren’t immune to disruption. That’s why effective project management should go beyond theory, and expand to include risk factors – both internal and external. A practical project risk management strategy accounts for team member miscommunications and mistakes, scope creep and shifting client expectations, and any technical difficulties along the way.

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What to do when you’ve got too much work

Rebel’s Guide to PM

Do you get to the end of the week and wonder what you’ve spent the days on? Your To Do list on a Friday might not look that much different to how it did on Monday, and yet you’ve barely had time to grab a coffee because you just haven’t stopped. You’ve got so many balls in the air. However, juggling will only get you so far. There are strategies you can use to help you streamline your projects and combine work across stakeholders and teams.

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What Is an Operating Budget? Key Components & Template Included

ProjectManager.com

An operating budget is a tool that helps business owners and project managers alike to look at the long-term financial needs of their organization or project. It’s instrumental in forecasting the budget needed to run your business or project. That alone should make you want to understand the definition and reasons to use an operating budget. We’ll explain that and go into what should be included in your operating budget.

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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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5 Reasons to Study the Standard for Risk Management

Project Risk Coach

Project management standards matter because they provide consistency and predictability. They help us avoid confusion, mistakes, and chaos. In this article, we will explore five benefits of studying PMI's Standard for Risk Management in Portfolios, Programs, and Projects. 1. Improve project success rates Effective risk management is critical to the success of any project, program, or portfolio.

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How Poor Facilitation Of The Scrum Events Can Cause Zombie Scrum

Scrum.org

In the past years, Johannes Schartau, Christiaan Verwijs, and I wrote many articles on Zombie Scrum. Heck, we even wrote a complete Zombie Scrum Survival Guide ! I’d like to believe that since our book, Zombie Scrum completely disappeared. That it’s something we can now all laugh about and has become this silly way of working we only know from the dark old days.

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How to Use Machine Learning in Project Estimating, Scheduling, & Planning

Online PM Courses

Machine learning is one form of Artificial Intelligence. And it is starting to be used in project estimating, scheduling, and planning. The post How to Use Machine Learning in Project Estimating, Scheduling, & Planning appeared first on OnlinePMCourses.

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Impact of Resource Constraints on Project Delivery and How to Overcome Them

LiquidPlanner

Resources, in project management terms, are the people, supplies or equipment needed to get tasks completed. Constraints are boundaries or challenges put on those resources because they aren’t unlimited. For example, if your project aims to roll out hands-on training to 3,000 factory workers about how to safely use a new piece of equipment, then you are constrained by how many trainers and pieces of demo equipment are available.

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How to Drive Cost Savings, Efficiency Gains, and Sustainability Wins with MES

Speaker: Nikhil Joshi, Founder & President of Snic Solutions

Is your manufacturing operation reaching its efficiency potential? A Manufacturing Execution System (MES) could be the game-changer, helping you reduce waste, cut costs, and lower your carbon footprint. Join Nikhil Joshi, Founder & President of Snic Solutions, in this value-packed webinar as he breaks down how MES can drive operational excellence and sustainability.

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How to Thrive in the Multi-Project Workplace

Rebel’s Guide to PM

Around a third of the gross domestic product (GDP) in the average Western economy is a result of project activity so it is unsurprising that organizations do so many projects. They are the way strategy gets delivered, and in what PMI calls the ‘ project economy ’, it’s likely that organizations will continue to deliver work through the structure of projects.

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What Is Resource Optimization? Techniques & Best Practices

ProjectManager.com

Resource optimization is key to delivering a successful project. Resources, of course, are anything used to execute the project, including human resources and non-human resources. Resource management techniques keep a project on schedule. To have the right resources at the right time, project managers need to understand resource optimization techniques.

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5 Features that Make nTask the Best Multiple Project Planner around

nTask

Businesses often have multiple projects that need to be managed at the same time. Managing multiple projects can be very challenging and is made more difficult when each project involves a different team, timeline and deliverables.

Planning 141
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Why ‘Accountable but Blameless’ is my new favorite phrase

Scrum.org

I was teaching the Professional Scrum Master course last weekend and we were talking about how Scrum Masters can foster a positive Scrum Team culture. Kit Chow, a project manager at RehabPath who participated in the class, suggested, “They [the team] should hold each other accountable but blameless.” This phrase struck me because it captures so much about positive team culture in Scrum.

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Navigating Chaos in Project Management

This text offers practical guidance for project managers navigating diverse frameworks. It covers topics like centralized reporting, standardized metrics, communication, training, risk management, and alignment reviews. By implementing these strategies, project managers can improve efficiency and achieve their project goals.