September, 2022

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What Are Task Dependencies in Project Management?

ProjectManager.com

Projects are made up of many tasks which are mapped out on a project schedule so they can be executed in a timely and organized manner. One of the most important steps when creating a project schedule is to identify task dependencies, as they’re critical for time and task management. What Are Task Dependencies in Project Management? Task dependencies are the interrelations that exist between project activities.

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Are your project team members “quiet quitting”?

Kiron Bondale

While the phrase “quiet quitting” might have been popularized recently, the behavior has been with us for a long time. For those of us who are Seinfeld fans, you’ll remember the many creative ways in which George Costanza would do either no work or the absolute bare minimum to avoid getting fired. When we are considering operational work, quiet quitting is putting in the least effort to perform the standard responsibilities of one’s role such that required performance mea

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Engaging Stakeholders with Gamification [video]

Rebel’s Guide to PM

In this video Elizabeth Harrin discusses how merging engagement and gamification creates engagification, a methodology to help people take action on projects. Watch the video to listen (about 30 minutes). If you prefer to read, there are closed captions in the video or there’s also a transcript underneath the video. Transcript. Hello, everybody. My name is Elizabeth Harrin.

PMO 432
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What is a Program in Project Management?

Rebel’s Guide to PM

The definition of a program. What is a program in project management terms? Here’s a definition. A program is a set of related projects and activities, managed in a coordinated fashion and under a structure that allows for the delivery of outcomes and benefits. In other words, it’s a bunch of projects being managed together. What’s the point of a program in project management?

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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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Why Deadlines Promote Procrastination

Inloox

Deadlines play a central role in the project context. They ensure that tasks are completed on time so that subsequent tasks can start according to plan and the project is completed by the agreed deadline. A lack of deadlines can lead to chaos, as coordination of tasks and processes becomes almost impossible. Setting deadlines is a useful tool in project management that gives a certain degree of structure.

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How to Measure Project Profitability

ProjectManager.com

As projects are all about the bottom line, you can imagine the importance of project profitability in project management. Being able to determine beforehand whether a project will turn a profit is how organizations can decide which projects to initiate and which ones to skip. But what exactly is profit profitability and how does it relate to professional services teams, consultants, CFOs and accountants?

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The What, Why, & How of Risk Appetite

Project Risk Coach

A project manager makes decisions based on their risk perspective. That is to say, he or she perceives the organization and stakeholders’ desires and seeks to fulfill them. However, the project manager may miss the mark. Why? Misunderstanding of the stakeholders’ risk appetite. In this article, let's explore the what, why, and how of project risk appetite.

Risk 195
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If there's no Plan B.

Musings on Project Management

If there's no Plan B, then the first rule is "Make Plan A work!"And it might require that you be aggressive about making Plan A work. no fooling around.No Plan BWait! Isn't there always a Plan B somewhere?A general officer once told me: If there's no Plan B, invent it!Insure for failure?Maybe you can insure against the failure of Plan A.

Planning 170
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Visual Project Management [Book Review]

Rebel’s Guide to PM

Visual Project Management by Paul R. Williams, PMP. It’s quite a light book. Williams has put together all the different ways you can bring a visual element to your project communication and reporting. “Seeing is not only believing…seeing is understanding,” he writes. He has split the graphical and visual tools available to you into three categories.

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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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Retrospective First Principles

Scrum.org

TL; DR: Retrospective First Principles. What is your take on the Retrospective: A routine exercise at the end of a Sprint, supported by standard operating procedures? Or a critical part of a Scrum team’s journey of continuous improvement? As you may assume, I advocate for the latter. In my experience, Scrum teams start utilizing Retrospectives to their full potential when they embrace a short set of Retrospective first principles, outlining the essence of the Why, the What, and the How.

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How to build the best project team: The 4 key features

Inloox

What makes a good project team? At the beginning of each project, the project manager has to put together a suitable project team. For this purpose, the requirements of the respective project are usually evaluated. To meet these requirements, certain project-specific skills are needed. The project team is then put together according to these skills.

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How to Write a Business Requirements Document (BRD)

ProjectManager.com

It’s easy to get lost in the weeds when you’re managing a project. There are day-to-day operations that the project manager obsesses over, but they also need to see the big picture. That’s why a business requirements document is so important. To prove this point, let’s define what a business requirements document (BRD) is and what its components are.

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PMI-RMP® Training for the New Exam

Project Risk Coach

On April 1, 2022, the Project Management Institute (PMI®) rolled out the new PMI-RMP® exam. In this article, let's examine why the new PMI® Standards matter and what to look for in your PMI-RMP® training. New PMI® Standards The new PMI-RMP® Exam Content Outline and Specifications (March 2022) includes Reference Materials. And the Reference Materials include two new PMI® Standards: The Standard for Project Management (found in the PMBOK® Guide, Seventh Edition 2021 ) The Standard for Risk Managem

PMI 221
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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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How to Improve Demand Planning

LiquidPlanner

There is a consensus among leaders and managers – supply chain problems are enormous, causing steep expense increases, loss of business opportunity, and customer frustrations. The pandemic has exacerbated this problem, and uncertainty and change seem to be the only sure things. At first, we experienced shortages due to the lack of material, like wood for paper towels and toilet paper, which led to hoarding.

Planning 165
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5 Simple Reasons Why Processes Don’t Work

Rebel’s Guide to PM

I bet you have plenty of project management processes, don’t you? One for risk, one for escalations, one for changes, issues, new project kick-off, closure, logging dependencies… the list goes on and on. We couldn’t work without them. But they don’t always work. The bottom line is this: having processes doesn’t guarantee that your project will be any better than if you didn’t have them.

Process 390
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Employee Engagement and Professional Scrum - Part 1 of 5

Scrum.org

Between Agility and Better Business Outcomes is Employee Engagement. Somewhere in between all the hard work that goes into becoming a more “agile” organization, and the real tangible business outcomes you are aiming for, there is the squishy topic of Employee Engagement. While this is not a new concept, many companies miss the mark in their efforts to help keep their employees engaged with the work they are doing.

SCRUM 253
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8 Best Workplace Management Tools of 2022

nTask

To be super successful, your organization must be efficient, agile, and productive as well as put an emphasis over managing the internal processes that involve your most essential asset – your employees. High performing employees empower the organization to find their true potential and maximize the profitability. With the rapid and modern digital transformation of […].

2022 158
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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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RICE Framework for Prioritization in Product Management

ProjectManager.com

What are you going to put on your product roadmap? It’s not an easy question. Which product gets the green light? What features need priority? The RICE framework provides a scoring model for product managers when prioritizing roadmaps. RICE is an acronym that stands for reach, impact, confidence and effort. Read on to learn how these words can help with product management and determine what are the pros and cons of using a RICE framework for prioritization.

Estimate 343
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The What, Why, & How of Risk Appetites

Project Risk Coach

A project manager makes decisions based on their risk perspective. That is to say, he or she perceives the organization and stakeholders’ desires and seeks to fulfill them. However, the project manager may miss the mark. Why? Misunderstanding of the stakeholders’ risk appetite. In this article, let's explore the what, why, and how of project risk appetites.

Risk 39
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The Next Wave of Project Management: Planning Intelligence

LiquidPlanner

There are so many impactful quotations about planning. Here are just a few that you might recognise: “If you fail to plan, you are planning to fail!” Benjamin Franklin. “An hour of planning can save you 10 hours of doing.” Dale Carnegie. “A goal without a plan is just a wish.” Antoine de Saint-Exupéry. “Plans are nothing; planning is everything.” Dwight D.

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Book review: Risk Happens

Rebel’s Guide to PM

Mike Clayton. Mike Clayton defines risk as “uncertain events that can affect outcomes,” in his book, Risk Happens!: Managing Risk and Avoiding Failure in Business Projects. Risk management is the most important of your project controls. It enables you to manage the project more effectively and work towards a smooth outcome. So what exactly is project risk management?

Risk 384
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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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The Three — Wait: Four — Elements of Empiricism

Scrum.org

TL; DR: Elements of Empiricism. In its theory section, the Scrum Guide refers to the three elements of empiricism: transparency, inspection, and adaptation. However, a fourth element, foundational to enable empiricism, is hidden in a sentence on Scrum Values. Read on and learn more about the complete picture of Scrum’s empiricism. ???? Zur deutschsprachigen Version des Artikels: Die 4 Säulen der Scrum Empirie. ??

2020 221
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Who Is Responsible in Agile Transformation?

Leading Agile

If you want to be successful at Agile Transformation —especially at scale—you’ll need more than Agile Coaches teaching your teams the ceremonies of Scrum or how to do SAFe and LeSS. Why? Because the #1 reason Agile Transformations fail in large organizations is that they aren’t set up with the right underlying ecosystem for Agile to work within in the first place. .

Agile 143
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Parametric Estimating In Project Management

ProjectManager.com

Every project, regardless of the industry, uses a methodology to estimate time and cost to better plan projects. In the life sciences, engineering and construction industries, the method often used is called parametric estimating. When dealing with a project that has many variables and stages, such as construction, it can be difficult to get an accurate estimation of how long the project will take and what sort of financial investment is required to deliver success.

Estimate 338
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What is T-shirt Sizing? | Video

Online PM Courses

T-shirt sizing has become a popular method for estimating in agile projects. So, I answer the question, what is T-shirt Sizing? The post What is T-shirt Sizing? | Video appeared first on OnlinePMCourses.

Estimate 147
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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.