June, 2023

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9 Realistic Ways to Up Your Project Budget Management Skills

Function Point

Having strong project budget management skills is crucial to the success of any agency. Subsequently, it’s something that keeps a lot of project managers up at night. Whether you’re a new project coordinator first flexing your project budget muscles or a seasoned project management professional looking to further hone your talents, these easy tips can help you improve your project budget methods.

Budget 52
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5 Project Management Trends You Should Know in 2023

LiquidPlanner

If there’s one thing that my career as a project manager has taught me, it’s that while the fundamentals of delivering a good project don’t change much, the environment in which we have to do the delivery is constantly changing. I don’t think I could have predicted how different the technological landscape would look to what I started out using. Equally, the economic and political landscapes that also shape the context of our work are hugely different to what life was like 20 years ago.

2023 158
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How Project Managers Can Stay Relevant in the Agile World

The IIL Blog

By Monika Muddamshetty Agile emphasises that self-organizing teams have a greater chance of success. Self-organizing teams collaborate and communicate as a group to drive work forward and decide what to focus on next. Some frameworks discuss how roles like product owner, product manager, and scrum master contribute to making that happen by ensuring the cross-functional team is aligned with the product/project vision and team members work cooperatively to advance in the right direction.

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Quiz: What’s Your Project Management Style?

Function Point

Every project manager has a different way they like to work. Some people are natural-born leaders, while others are budgeting wizards. There are many different ways to manage creatives effectively to end up with a successfully completed project, but your project management style can dictate where in your project you’re destined for success and where you may stumble.

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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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How to Hire Remote Full Stack Developers For Startup Projects?

Proofhub

Hire Remote Full Stack Developers For Startups, especially when they are starting out, it is exceptionally hard to hire developers. They are already short on employees and budget and technically in no position to compete with established companies in the market. Hiring developers get more difficult when they actually start their hiring process as developers prefer to pursue established organizations for their career.

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8 Tips for Better Time Management: Project Manager Edition

MPUG

As a project manager, you have a demanding role. With multiple tasks, deadlines, steering committee demands, and team members to oversee, there is a lot on your plate at any given moment, and it is natural to feel overwhelmed. If you’re among the 85% of project managers juggling multiple projects simultaneously, it’s too easy for the work to pile up.

PMI 98
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10 Effective Strategies to Save Time and Boost Productivity

Project Risk Coach

THIS ARTICLE CONTAINS AFFILIATE LINKS. WE MAY EARN A COMMISSION IF YOU CLICK A LINK AND MAKE A PURCHASE. IT DOES NOT COST YOU EXTRA. THANKS FOR YOUR SUPPORT! In today's fast-paced projects, time is a valuable resource. We often find ourselves struggling to accomplish everything on our to-do lists, leading to stress and burnout. However, by adopting efficient strategies, we can optimize our time and increase productivity.

Energy 284
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Educational Insights: Building Leadership Skills in Aspiring Project Managers

Tactical Project Management

For organizations to succeed in today's fast-paced, competitive business environment, effective project management is crucial. Leadership is a crucial aspect of every manager’s professional capacity and potential. Aspiring project managers must possess outstanding leadership skills in addition to excellent technical abilities. In addition to managing tasks and resources, a project manager's duties also include inspiring and leading a team to accomplish project objectives.

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Proof of Concept: Definition, Importance, and Examples

Wrike

With any business venture, you need to create a compelling case for your product or service to solve a particular problem. Before you can persuade the customers to pay, there needs to be concrete evidence that you can offer the solution. A proof of concept (POC) provides just that: evidence that your ideas can come to fruition and work in a practical sense.

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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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Learnquest Scrum Master: Course Review

Rebel’s Guide to PM

Are you considering the LearnQuest Scrum Master Certification ? I’ve done a lot of project management training in my 20+ years as a project manager. Continuous development is so important, and learning new skills helps you stay current in the job market. However, I’m not and never have been, an agile expert. I’ve worked with Scrum teams and Agile development teams, I used Kanban during lockdown to help plan our days and the homeschooling, but I can’t say that I’m experienced in Agile ways.

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What Are Construction Submittals and Why Are They So Important?

ProjectManager.com

Planning for construction projects isn’t enough. It’s essential to verify that the right products were included in the installation. These construction submittals primarily involve architects and engineers who oversee that process. Construction submittals are an integral part of construction project management. We’ll define the term and explain its importance.

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The GPM P5 Standard Makes International Development Projects Sustainable

Green Project Management

International development projects (ID) aim to improve people’s lives in developing countries. However, these projects often need more resources, complex stakeholder networks, and high levels of uncertainty. Effective project management is critical to overcoming these obstacles, and the P5 standard can be a valuable tool for organizations managing international development projects.

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Unraveling the Causes of Troubled Projects: A Closer Look

Project Risk Coach

In the world of project management, troubled projects can be a source of frustration, stress, and disappointment for both teams and stakeholders. These projects often fail to meet their objectives, experience delays, exceed budgets, or even result in complete failure. While every project is unique, there are common underlying causes that contribute to their troubled state.

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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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Escape the Rinse and Repeat Cycle with 5 Sprint Retrospective Ideas

Scrum.org

Retrospectives are a crucial component of the Scrum framework, providing teams with a dedicated space to reflect on their performance and identify opportunities for growth. However, the effectiveness of Retrospectives heavily relies on the team’s ability to keep them fresh, engaging, and tailored to the team's needs. Unfortunately, some Scrum Masters fall into the trap of using the same Retrospective agenda repeatedly, stifling the team's creativity and hindering their ability to generate innova

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How to inspire your team like the best leaders do

Planio

The best leaders do more than just plan projects and assign tasks - they inspire their team to do great work by taking the time to build trust and show respect. Unfortunately, being “inspirational” isn’t as clear cut as other project management skills. It’s all too easy to come across as insincere, or worse, like you’re trying to manipulate or persuade your team into doing things they don’t want to (such as working long hours and hitting burnout ).

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Project management degrees: Do you need one and what you can do with it

Rebel’s Guide to PM

Are you wondering whether it’s worth getting a degree in project management? Or what you can do with a project management degree for a job once you finish your bachelor’s or master’s studies? This article is for you! You’ll learn: What job titles to look for once you graduate What industries you can work in What you can expect to earn How to transition from another industry via a degree Lots more!

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Project Monitoring and Control: Tools & Steps

ProjectManager.com

Projects are divided into phases to make them more manageable. All are important, especially project monitoring. Project monitoring and control is how a project manager ensures the plan they’re implementing with the project team goes off without a hitch. Project controlling involves a lot of steps to thoroughly monitor the project schedule, resources and costs.

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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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Chains and funnels in risk management

Musings on Project Management

What to make of chains and funnels? And, if I also stick in anchors, does it help? What I'm actually talking about is conjunctive events, disjunctive events, and anchor bias:Conjunctive events are chains of event for which every link in the chain must be a success or the chain fails. Success of the chain is the product of each link's success metric.

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How to Earn PMI-RMP Contact Hours

Project Risk Coach

Becoming a PMI Risk Management Professional (PMI-RMP®) can be difficult. Not only must you pass a challenging exam, but you must meet the qualifications for experience and contact hours. Project managers are busy people. How can these individuals earn the required PMI-RMP contact hours? What is a Contact Hour? Contact hours are educational hours. One hour of project risk management instruction equals one contact hour.

PMI 39
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Useless Agile Metrics

Scrum.org

TL; DR: Useless Agile Metrics Ideally, a metric is a leading indicator for a pattern change, allowing your Scrum team to analyze the cause in time and take countermeasures. However, what if you picked the wrong metrics? What if these useless agile metrics lead you in the wrong direction while providing you with the illusion that you know where your team is heading?

Agile 195
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Am I about to join a psychologically unsafe team?

Kiron Bondale

During a presentation I delivered today to members of the PMI Nova Scotia chapter on cultivating psychological safety, one of the attendees asked how would she be able to assess whether the team she was going to join was safe prior to joining. This is a great question because whenever we move to a new company or even a different division in a sufficiently large company, our access to verifiable information is quite limited.

PMI 156
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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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5 Day Productivity Challenge

Rebel’s Guide to PM

Recently we sent out a 5-day productivity challenge to our newsletter subscribers, and it was very well received. People wrote to us asking us to send them the days they missed or to send them on to their colleagues. We decided to round them all up in an article so that everyone can access them on their own time. Want to make sure you receive future challenges?

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Best Gantt Chart Software of 2023

ProjectManager.com

Most project managers can’t imagine running a project without Gantt charts. This tool has been in the project management toolbox for so long that it predates computers. But once it joined the digital revolution, it became that much more powerful. We’re looking at the best Gantt chart software out there so you can make an informed decision when in the market to purchase one.

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Building a Career in IT Project Management – with Andreanna Marshall

Online PM Courses

Let's talk about building an IT Project Management career, and Scrum, with Scrum Master, Andreanna Marshall. The post Building a Career in IT Project Management – with Andreanna Marshall appeared first on OnlinePMCourses.

SCRUM 155
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Tactically strategic

Musings on Project Management

It's a familiar refrain: "Think strategically; act tactically"Sounds goodWhat does it mean day-to-day?

Planning 150
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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.