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In recent months, there has been an uptick in interest in sustainable project management. In 2022, GPM has seen a 20% increase in downloads of our P5 Standard for sustainable project management. GPM training, both in person and online, is growing in popularity, as evident in the growth of certification numbers this year. Additionally, the […].
What is the future of project management? Let’s look ahead and see what the next 10 years will bring for project management software, jobs, and the role itself. Does Project Management Have a Future? There’s a trend towards more and more knowledge work being run in a projectized way, which means more and more people doing project management as part of their day job.
Those of you who read my articles regularly will know that I took a hiatus from writing about leadership and delivery topics over the past couple of months to focus on my first time campaign running for one of the city councilor seats in Welland. Election day was this past Monday (October 24) and unfortunately, while I received a fair number of votes, it was not enough to unseat one of the two incumbents in my ward.
In project management, a program is a set of related projects that are executed simultaneously by organizations to make the most out of their resources and maximize their return on investment (ROI). Program management requires company-wide collaboration and lots of planning. A program manager oversees this process. What Is a Program Manager? A program manager is a leader who oversees the planning, executing and tracking of programs.
AI adoption is reshaping sales and marketing. But is it delivering real results? We surveyed 1,000+ GTM professionals to find out. The data is clear: AI users report 47% higher productivity and an average of 12 hours saved per week. But leaders say mainstream AI tools still fall short on accuracy and business impact. Download the full report today to see how AI is being used — and where go-to-market professionals think there are gaps and opportunities.
What is the role of the project manager? The PMBOK® Guide, Seventh Edition says, "The project manager is the person assigned by the performing organization to lead the team that is responsible for achieving the project objectives (my italics)." Defining clear objectives and goals is the foundation. Let's look at how to write SMART project goals. "People with clear, written goals, accomplish far more in a shorter period of time than people without them could ever imagine.
In everyday life, a threshold is a strip of wood or stone that forms the bottom of a doorway. And we cross that threshold to enter a room. Projects have risk thresholds that we may cross. In this article, we will explore what a risk threshold is, why it matters, and look at some examples. What is Risk? The PMBOK® Guide, Seventh Edition defines risk as an uncertain event or condition that, if it occurs, has a positive or negative effect on one or more project objectives.
In everyday life, a threshold is a strip of wood or stone that forms the bottom of a doorway. And we cross that threshold to enter a room. Projects have risk thresholds that we may cross. In this article, we will explore what a risk threshold is, why it matters, and look at some examples. What is Risk? The PMBOK® Guide, Seventh Edition defines risk as an uncertain event or condition that, if it occurs, has a positive or negative effect on one or more project objectives.
Tesla as a pioneer in the modularization of megaprojects In Germany, it is almost a tradition that large public projects fail. A prime example in this context is the BER Airport. Originally, the megaproject was to be completed in 2007 at costs of only 2 billion euros. Instead, it did not open until 2020, at a total cost of over 6 billion euros. A project of similar scope was the first Tesla Gigafactory in Nevada.
By Harold Kerzner, Ph.D. Recently, I conducted a webinar on PM 2.0/3.0: The Future of Project Management. During the Q&A session that followed, I was asked if PM 4.0 (which I am now researching and will be publishing shortly) would include a discussion of the role of artificial intelligence (AI) applied to project management. I was also recently interviewed by a person working on a graduate degree, who asked what I believed would be the relationship between project management and AI in th
There are several project management certifications that you can get to become a project management professional. To determine which one is best for you, you’ll need to think about things such as your project management skills, the career path you want to choose or your desired project management methodology specialization. Choosing the right certification and training program for your project management career is an important decision.
Change management is so important for making sure that the change you deliver is embedded in the organization. In other words, if you want people to use what you create — or to shift their ways of working to the new standards and processes you implement — then you have to help them through the transition. Here’s my list of top change management books for leaders.
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?
“The Minecraft experiments.” This is how I refer to each of the 4 times we are in the game within the course. Minecraft creates an immersive world, so players see each other at work, building structures and learning the controls. It is as if you were there with them in the metaverse, building a world in the future. The use of the game enables conversation around teamwork and individual growth.
You get on the elevator with someone who asks you about your upcoming project. Can you clearly describe your project in 60 seconds? Let's look at how to develop a project summary. Perhaps you are on the way out of a meeting with senior leaders when a Vice President asks you about your project. She says, "I only have a minute, but could you give me a brief summary of the project?
The origin and meaning of ERP systems The first predecessor of ERP (Enterprise Resource Planning) was developed and established in industry more than 100 years ago. EOQ (Economic Order Quantity) did not require a computer at all, only pen and paper were used to improve time planning in production. For over half a century, this paper-based system was the standard.
Project management methods have evolved for centuries, from records at the Pyramid at Giza to rebuilding London churches after the Great Fire of London in 1666, to the Great Western Railway. The best-known modern methods of managing projects efficiently are: The Gantt chart developed by Henry Gantt in the 1910s . Critical Path invented in the 1950s.
Construction projects are high-stakes operations where even minor inefficiencies can lead to costly delays, safety concerns, and budget overruns. Managing risk in construction has always been a challenge, but as projects grow in complexity, traditional methods no longer cut it. Enter Digital Transformation - a game changer approach that replaces inefficiency with AI-powered analytics, real-time monitoring, and automated workflows to proactively manage risk.
No one needs to tell you that projects cost money. But how much they’ll cost is an open question. The closer you can come to an accurate forecast of project costs, the more likely you’ll deliver a successful project. Rough order of magnitude (ROM) can help you better estimate project costs. But what is ROM and how can you calculate ROM estimates?
This is a question I’m hearing quite a lot at the moment: How do I turn my company’s strategy into actual projects? It’s good to have a strategy, of course. But a strategy that stays in a fancy PowerPoint presentation isn’t helpful to anyone. That’s not a strategy, it’s a document. OK, you need the document first, as a communication tool to explain the strategy to everyone, but you know what I mean.
. What is LeSS? LeSS is a de-scaling framework. Also referred to sometimes as a scaling framework. . Aim. simplification. . Designed for. product development. . Queueing Theory. One of the principles in LeSS is queuing theory. Kanban comes from a similar place in that you try to stop starting and start finishing. . . The more work that we have running at the same time, the higher the cycle time goes up, the longer work takes and the less throughput that we have.
When it comes to the craft of digital project management, there are some core skills that are always the first to surface. There are technical skills and hard skills like risk management, earned value management, project planning, estimation, and maintaining project documentation. Then there are the requisite soft skills like leadership, negotiation, crisis management, and […].
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?
The importance of the client in the project The client is the person or organization that should be your focus throughout the project. The success of your project is not only determined by objective criteria, but more importantly by the subjective assessment of the client. If they are dissatisfied with the result of the project and their expectations have not been met, you can consider the project a failure.
Idea Management Team collaboration requires active participation and engagement from your employees. But getting them to be participative shouldn’t be a demand from their superiors. Team collaboration will only be effective if it’s a voluntary action and desire from the individuals involved. The result of effective team collaboration reflects clearly on the outcome of a project compared to one person taking on all the tasks.
Having an event is a like executing a project. It has a plan that’s executed by a team with a deadline with the final deliverable being the event. Just like a project, event management is the way you make sure everything seamlessly comes together for your stakeholders. Event management can be anything from a birthday party for your kid to a business convention and everything in between.
Projects ideally sit within a governance framework that is bigger than the project team. It’s actually easier to work in an environment where there is governance in place because it gives you boundaries. And, like toddlers, people respond well when they know how far they can go. But what does governance on projects actually look like? Here are 7 factors that make up good governance.
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.
According to the 2020 Scrum Guide, “The purpose of the Sprint Retrospective is to plan ways to increase quality and effectiveness.” Scrum Teams must take the Retrospective seriously to achieve these outcomes. Let’s look at three tips for getting the most from your Sprint Retrospective and several agenda ideas that you can use to keep this event fresh.
Tracking how your team spends their time can have a wide range of positive impacts on the organization and its employees. But the idea of time tracking and providing estimates likely has many negative connotations for your workforce. Some view time tracking as a way of micromanaging or holding team members firmly to their initial estimates. Some may consider this a lack of trust, where leadership needs to watch their every move.
In the first part of our two-part blog post, you learned that complex planning and a multitude of dependencies can make a project a very fragile construct. If a project fails, it always fails in its entirety. This is because the project only adds value after it has been 100% completed successfully. In this second part, we show to what extent the modularization of a project can provide a remedy for the problems mentioned, what is meant by positive and negative learning, and the relevance of modul
In this article, let's discuss why risk management standards exist and which Project Management Institute (PMI) standard you should study in preparation for the PMI Risk Management Professional (PMI-RMP®) exam. The Purpose of the PMI Standard for Risk Management The "standard describes the concepts and definitions associated with risk management and highlights the essential components of risk management for integration into the various governance layers of portfolios, programs, and projects.
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.
We talk a lot about project managers, but that title is more general than most might think. There are many different project managers, but today we’re interested in focusing on just one, the technical project manager. Are you interested in becoming a technical project manager or are you in the market to hire one? If either applies, read on. We define what a technical project manager does, provide an outline for a job description you can post and offer tips for becoming better at your job.
‘Tis the season for holiday planning! And to make it easy for you to show some gratitude to your colleagues and suppliers, I have made you a set of digital holiday cards for business purposes. In other words, they are suitable to send out from your work email address, to your work colleagues! Why send digital holiday cards to business contacts?
The heart of Scrum is the Sprint, which is a time-boxed event during which the Scrum Team delivers a valuable increment at least once per calendar month. During the Sprint Planning event, Developers select which Product Backlog items (PBIs) they will deliver in the upcoming Sprint, create a plan for delivering them, and identify a Sprint Goal that provides a focus for the upcoming Sprint.
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