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Do you ever feel like the Lone Ranger when working on cost estimates? Actually, you're not alone; you have a team. Let's explore how to engage your team members and subject matter experts to improve your cost estimates. So, let's look at three techniques to use with your teams: Brainstorming Delphi Technique Nominal Group Technique 3 Team Techniques to Improve Cost Estimates 1.
In recent years, “agile” has become an increasingly important topic in the corporate world. Driven by the need for better performance, efficiency and results, companies are using various agile management methods. Scrum is probably one of the best-known methods. For many teams , this agile management method has become an indispensable tool for effective collaboration.
If you’ve ever worked on a large-scale project—especially a construction project—you’re familiar with the concept of contract administration. An employer hires a contractor to do work. The two parties come to an agreement on what the work will be, how long it will take and how much it is worth. These details are outlined and solidified in an official document; a contract.
Recently I spoke with Lela Machaidze on Clubhouse about future trends in project management. Here are the notes from that discussion. Lela: For the last decade, there have been a lot of changes in the PM profession. The trend that is here to stay is remote work and digital teams. That’s echoed in the PMI Pulse of the Profession 2021 report. Maybe not in the same volume as we are seeing now, but it will definitely stay. .
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.
In a recent HBR article , the authors wrote about research they had conducted over a year on the relationships between how dispersed teams were and the speed at which their projects either succeeded or failed. While dispersed teams appeared to be more efficient than co-located teams when it came to completing successful projects, co-located teams were quicker at abandoning those projects which were doomed to fail.
On today’s episode of YOUR DAILY SCRUM: Planned vs Actual is a TERRIBLE Metric for Scrum Teams! Today's we explore "Planned vs Actual" and discuss why it's such a terrible metric for Scrum Teams. Todd and Ryan focus on the anti-patterns and horrible practices that emerge when this metric is used to measure the success of a team. All of this and more are discussed in today's episode of Your Daily Scrum with Todd Miller and Ryan Ripley.
On today’s episode of YOUR DAILY SCRUM: Planned vs Actual is a TERRIBLE Metric for Scrum Teams! Today's we explore "Planned vs Actual" and discuss why it's such a terrible metric for Scrum Teams. Todd and Ryan focus on the anti-patterns and horrible practices that emerge when this metric is used to measure the success of a team. All of this and more are discussed in today's episode of Your Daily Scrum with Todd Miller and Ryan Ripley.
Many project managers feel overwhelmed with emails, phone calls, and meetings. They often work overtime, but few feel as though they are making progress. Although we are all given the same amount of time each day, some project managers are able to produce greater value for their organizations. Some are more engaged. Imagine yourself as a more productive project manager, one with greater capacity and energy to complete each day’s tasks.
Projects are becoming increasingly complex. This may be due to the project itself, which is becoming more complex because of the multitude of parameters it contains. Another reason can be the influence of the project environment or a high number of stakeholders. A good project manager knows that some developments are out of their control. However, it is the way you react in such situations that can make the difference.
Before we can explain how to avoid scope creep in your projects, we need to understand what project scope and scope creep are. What Is the Scope of a Project? In simple terms, the project scope refers to all the work that is required to complete a project. You can use a work breakdown structure to help you identify all the individual tasks, activities and deliverables of your projects.
I recently spoke with Anna of Women in PM Network on Clubhouse about project management career tips. These are the notes from that conversation. What do you think of the Google certification? Wendy @woshifodunrin asked about the Google certification. Anna recommends it. Lydiah @lkimberly1 also shared her experience of taking the course and was positive about it too.
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?
A recent HBR article showed how kindness could serve as a lever to generate productivity improvements. The authors explain that while receiving kindness can enable us do better work, the act of giving compliments is equally powerful at making us feel better. Some suggestions were provided in the article on how leaders can create a kinder work place but will a few tactics be enough to change culture?
Contrary to popular belief, the Scrum Master success principles are tangible, when we guide the analysis with an outside perspective. Read on and discover four Scrum Master success principles: From when not to use Scrum to product quality to supporting the Product Owner to putting self-management at the center. ?? Shall I notify you about articles like this one?
If you are like most project managers, you are managing several projects. And when you finish one, you are anxious to start your next assignment. However, I encourage you to actually close each project before moving to the next one. There are many benefits. As your project comes to an end, here are some steps that you can take to close out the project: Evaluate the project Review the risk register Archive the documentation Pay the invoices Thank the team Reassign the human resources Let's look a
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.
A project is a vehicle to deliver benefits to their stakeholders. These benefits include improved quality, reduced cost of production, better customer service, increased customer retention and so on. Identifying, describing and measuring these benefits is called benefits management. Having a benefits management plan lets project managers maximize these outcomes for the organization and stakeholders, and it’s part of any successful project management plan.
Professor Tirado is a native New Yorker, and when he started out in this field he was one of 5 people in the world who married together managing initiatives through projects and industrial psychology. In today’s Clubhouse room, we talked about what industrial psychology is and what it means for people in the project profession. What is industrial psychology?
In one of my earlier articles , I had proposed the use of behavioral nudges to help improve project governance. After reading an HBR article this week in which the authors provided a number of suggestions on how to sustain newly adopted behaviors in the context of the imminent return to in-person office work, I thought that a nudge-based approach might also help with increasing psychological safety.
TL; DR: The Developers Code Fallacy — They Should Talk to Customers, Too, Though. There are plenty of failure possibilities with Scrum. Given that Scrum is a framework with a reasonable yet short “manual,” this effect should not surprise anyone. The Developers Code Fallacy starts with the idea that Developers are rare and expensive and should focus on creating code.
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?
Special Live Webinar with Peter Taylor – The Lazy Project Manager – and Planview. Modernizing PPM: A Practical Four-Step Roadmap to Accelerate Agility. PM Today is delighted announce that our associate editor, Amy Hatton, will be hosting a very special live Planview webinar , featuring Author, Speaker, Coach, Consultant and Trainer, Peter Taylor – AKA The Lazy Project Manager.
There are two ways owners can pay for work done on a project. One is by a fixed price, where a contract defines what will be done and sets a specific and final price for that work. If the team takes too long to complete their tasks or requires more materials than outlined in the contract, they eat those costs. The other is a time and materials contract.
Here’s the TL;DR: The MBA will give you more flexibility later in your career and should probably be the route you choose. While everyone has individual goals and it’s impossible for someone on the internet who doesn’t know your personal situation to advise you, an MBA is worth serious consideration. In this article, I’ll share 10 expert tips from a range of people about their experiences to help you choose the right higher education goals for you, so you can make the right choice for your caree
Speaker: Jay Allardyce, Deepak Vittal, Terrence Sheflin, and Mahyar Ghasemali
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HBR published an article this week titled Managing your WFH paranoia. In the article, the author focuses on the impacts of the “out of sight, out of mind” concerns which many workers have developed over the course of the past year resulting from COVID-19 pandemic work restrictions. Such fears could include a sense of persecution, feelings of abandonment or being disrespected.
TL; DR: Gold-Plating Beyond Done. There are plenty of failure possibilities with Scrum. Given that Scrum is a framework with a reasonable yet short “manual,” this effect should not surprise anyone. However, creating Product Increments that “over-deliver” in scope or quality — also known as gold-plating — with regard to the previous refinement agreement demonstrates that the Developers need to acquire a more entrepreneurial mindset and embrace their responsibility.
We often say that one of the most important roles of a project manager and leader is to be able to communicate effectively. Being the hub of the project, the PM communicates with team members, stakeholders, end users and the project sponsor – all of whom have different preferences for how they would like to be communicated with. Some people prefer email and written status reports whereas others favour telephone and face-to-face interactions.
Speaker: Nikhil Joshi, Founder & President of Snic Solutions
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An HBR article piqued my interest: “Your Board Needs a People Committee” In it, the authors provide services which a talent-focus on the part of a subset of the board could bring to helping the leadership teams they support in attracting, retaining and developing their #1 asset. The authors assert that the typical annual reviews of people data conducted by most boards are insufficient as these only provide lagging evidence of where corrective change might be needed.
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