May, 2024

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Four Core Questions That Every Project Plan Should Answer

TeamGantt

A project plan is your best strategic tool for keeping projects on time and budget. See how to create a plan people want to read by answering 4 key questions.

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10 Steps for Successful Project Completion (Templates Included)

ProjectManager.com

Project planning, execution, monitoring and controlling are often the focus of project management. Even project initiation gets attention, but project completion is usually mentioned as an afterthought. That’s a mistake. Every phase of a project is important. Project completion is more than delivering on time, within budget and meeting quality expectations.

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I asked ChatGPT to make 10 pictures of project managers… and the results are surprising

Rebel’s Guide to PM

I asked ChatGPT to make me some pictures of project managers for an article I was working on and the results were surprising. Or rather, as a female project manager, the results were not surprising at all. There's lots of chat in the world of project management at the moment about the value of AI, but what are the biases that sit behind that AI? Anyway, before I rant, let me show you what happened when I ran my ChatGPT 4o experiment.

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Avoiding Road Rage: Ensuring a Smooth Project Ride

PM Times

One recent unseasonably warm Saturday afternoon, I was running errands alongside two-thirds of the American populace. Having finished the current errand, I reached for the seat belt, confirmed I heard the familiar “click”, and was off to complete my final run for the day. Truthfully, I was tired and moderately cranky, due to the fact […] The post Avoiding Road Rage: Ensuring a Smooth Project Ride appeared first on Project Management Articles, Webinars, Templates and Jobs.

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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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Risk Management: Chains and funnels

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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The Art of Project Management: Essential Upskilling Strategies for Success

The IIL Blog

By Steven Briggs May 8, 2024 Learning and development are crucial for professionals seeking to advance their careers, as it equips them with the necessary tools and skills needed to facilitate professional growth and reach their goals. Project managers keen on levelling up in this field are well aware of the future benefits this industry offers. At present, project management is a high-income field, with many employment opportunities in various industries such as Information Technology (IT), fin

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Eleven IT project lessons to be learned at … Tatton Garden Show

Project Accelerator News

Blog by Nicol Cutts, Head of Projects, Professional Services at Stoneseed. In recent weeks, I’ve shared IT Project Management learning that can be gleaned from Crufts dog show and Chatsworth International Horse Trials. It seems there’s an IT Project Management lesson everywhere you look! When a colleague heard that I was heading to the RHS Tatton Garden Show in July, she said that even I couldn’t find project management teachings in the topsoil.

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Can a Project Manager be a Scrum Master?

Scrum.org

When companies dip their toe in Agile waters, they often start by simply trying out an Agile framework such as Scrum to deliver something relatively small, such as a project. And that's a great way to start. However, with this comes the question: Can a Project Manager be a Scrum Master? The answer is yes - but with caution. While the transition may require some adjustment and a shift in mindset, Project Managers possess a wealth of experience and skills that can - for many - actually be benefici

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7 Ways To Ensure a Project’s Success

TeamGantt

Uncover 7 key factors of a successful project and why you should strive to meet each step, even before you begin managing and launching your next big idea.

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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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Interim Investing and ESG: The Evolution of Investment Strategies in Projects

Green Project Management

In recent years, Environmental, Social, and Governance (ESG) criteria have rapidly moved from the fringes to the forefront of global investment strategies, profoundly influencing how projects are evaluated, financed, and implemented. This seismic shift reflects a broader acknowledgment within the investment community of the significant impact that sustainable practices have on long-term profitability and risk […] The post Interim Investing and ESG: The Evolution of Investment Strategies in

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What Is Kanban? Meaning, Definitions & Best Practices

ProjectManager.com

Kanban is all the rage in project management. In fact, kanban has grown so much in popularity, there are now countless project management tools to help people plan and prioritize tasks on kanban boards, which are visual panels with virtual cards that can be moved around by the user to arrange orders of tasks or to-do items. If you’re not familiar with this methodology, there’s a high chance you’re asking yourself “what is kanban” or “what does kanban mean?

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7 Easy Steps I Use To Close A Project Effectively (Steal my checklist!)

Rebel’s Guide to PM

We tend to spend lots of time talking about project set up, having a fully-thought through business case, or all the stuff you have to do while the project work is being done. But there’s another area that is arguably as important, if not more so than those: how to close a project. I've closed out lots of projects in my 20+ years career as a project manager.

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What is an Agile Release Train? (ART)

Online PM Courses

In this video, I answer the question, what is an Agile Release Train (ART) in the Scaled Agile Framework (SAFe)? The post What is an Agile Release Train? (ART) appeared first on OnlinePMCourses.

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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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10 More Objections to Incremental Delivery - Debunked!

Scrum.org

I may be a little obsessed with incremental delivery. But - in my defense - I do have some excuse for it. After all, Incremental delivery is at the heart of Scrum. The purpose of the Sprint is to deliver a done increment that meets the Sprint goal. The key word there is done. Every Spint, the team delivers an increment of product that meets the team’s definition of Done.

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Organising Around Value Stream Increases Business Agility

The IIL Blog

By Nagaraja Gundappa First things first – let’s define business agility: Business agility, alternatively called enterprise agility and organizational agility, is the ability of an organization to rapidly adapt to market and environmental changes in productive and cost-effective ways according to PMI’s Disciplined Agile. So, business agility is not just many projects across the business adopting agile software development.

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Cost: Let's review

Musings on Project Management

How many ways are there to say "Cost"?Certainly, more than one!When "they" ask: 'How do YOU manage cost?", your answer is: 'It's complicated' because there are so many varieties of 'cost'.

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Shop Floor Management: Planning, Scheduling and Control

ProjectManager.com

Businesses are always looking for ways to improve efficiency. Manufacturers are no different, except in the areas in which they seek to standardize and streamline their production processes. One method they use is shop floor manufacturing. For those new to the term, let’s first define its parts, such as what is a shop floor and a shop floor plan. Then we’ll explore shop floor management, what a shop floor manager does and best practices to achieve the benefits of effective shop floor management.

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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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A Real Project Manager’s Guide to RAID

Rebel’s Guide to PM

Ever wondered what RAID is all about in project management? You'll hear project managers talking about their RAID logs as part of how to manage a project , or updating the RAID, but what does it all mean? I've been working with RAID logs for over 20 years, so I have plenty of practical tips to share! My RAID log is THE most useful tool I use to keep my projects on track, and it will do the same for you.

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App Modernization: How to Manage Risk and Generate ROI as You Go

Leading Agile

You moved a critical application to the cloud, expecting infrastructure and operational expenses to decrease. It didn’t play out like you thought. You are paying much more than you planned, making you reconsider why you moved it to the cloud in the first place. But there was a reason you moved to the cloud, and running an application on your infrastructure just puts you right back where you started. 3 Major Components Driving Cloud Costs The major components of your cloud cost are compute, st

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Winning Estimation Tactics for Agile Teams: From Calibration to Confidence

Scrum.org

Estimates are notoriously bad. In the world of agile development, inaccurate estimates can lead to missed deadlines, blown budgets, and frustrated teams. But why is estimation so challenging? Estimates are predictions, and predictions are inherently uncertain. Human biases, lack of historical data, and the complex nature of software development add layers of difficulty.

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What’s the Difference between a Scrum Master and a Project Manager

Online PM Courses

How does a Scrum Master differ from a Project Manager? Let’s look at why they may seem similar and how the roles are very different. The post What’s the Difference between a Scrum Master and a Project Manager appeared first on OnlinePMCourses.

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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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Project Toys

Musings on Project Management

I generally do not endorse products on this blog, and this posting is not an endorsement per se, but more of a "heads up" because in the PMO there are always a lot of documents and things to write, many to a multi-lingual project team. Here is a tool that might be of use.

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How to Improve the Warehouse Operations of Your Organization

ProjectManager.com

The better a business’ warehouse operations, the more successful the business is. Warehouse management ensures that stock matches customer demand. Warehouse operations take into account the supply chain and work towards being cost-effective and efficient. To understand effective warehouse operations, you must first be clear on the warehouse operations process and how it plays into the larger warehouse operations management.

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Managing Money on Projects: Training (June 2024)

Rebel’s Guide to PM

Do you want to better understand your project finances under control, even if you don’t have much experience managing money on projects? You might have studied project budgeting as part of a training course. You might have read a lot about how to manage the finances, but now you feel more confused than ever, trying to piece it all together on your own!

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Mastering Scope Management: Validation and Control Strategies

MPUG

Introduction Scope or requirements creep is the uncontrolled and often unmanageable growth of a project’s original requirements. According to a study done by the Project Management Institute , about 50% of projects experience scope creep, and only about 60% finish within budget while about 50% are finished on-schedule. In addition, scope creep is notorious for stressing out team members and taking time away from the original deliverables.

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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.