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By Veronica Thraen September 20, 2023 In a previous article, I provided three ways to test your readiness for a career in project management when you are looking for a change or just starting your professional career journey. Choosing to embark on a career as a project manager could be one of the wisest and timeliest decisions you make. The Project Management Institute (PMI), the world’s leading certification body for project managers (PMs), predicts that the global economy will need 25 million
Often, it is better to spend more time than it is to speed to meet a deadline. Fast is good but not always. When rushing to get something done the probability of causing damage is high. Delay Thinking Delay thinking recognizes that there is a delay or lag between an action and its effect. […] The post ‘Delay Thinking’ Is a Project Success Factor appeared first on Project Management Articles, Webinars, Templates and Jobs.
Regenerative Leadership in Project Management: Essential for 2024 and Beyond In an age where buzzwords like “Transformational Leadership”, “Servant Leadership”, and “Agile Management” dominate boardrooms and workshops, one might ask: “What about Regenerative Leadership?” Over the past year, I’ve attended several conferences where a resonating sentiment was the shift from ‘project management’ to ‘project leadership’ [&#
When speaking with founders and CEOs, we often hear concerns like this: My project manager is losing confidence in the development team. The PMs are seeing late deliveries and bugs that suggest the devs just aren’t capable enough. I think that poor communication and differing team cultures might be part of the problem, but how can I know for sure? It’s a good question.
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.
Artificial Intelligence (AI) has started to make significant inroads into the realm of project management, offering potential advancements and posing new challenges. Here's a look at the impact of AI on project management: Enhanced Decision Making: AI can analyze vast amounts of data rapidly, providing insights that help project managers make informed decisions.
First comes the planningYou've followed all the standard protocols for setting up your risk management program.You've put slack in your cost estimates, and you've put slack-buffers in your schedule plan.All good.Risks have been listed, prioritized, and the minor ones to be 'unmanaged' set aside (minimize distractions)Otherwise, mitigation planning has been done.All good.
First comes the planningYou've followed all the standard protocols for setting up your risk management program.You've put slack in your cost estimates, and you've put slack-buffers in your schedule plan.All good.Risks have been listed, prioritized, and the minor ones to be 'unmanaged' set aside (minimize distractions)Otherwise, mitigation planning has been done.All good.
When it comes to project planning, it’s easy to get caught up in resource allocation , budgeting, timelines, and dependencies. Unfortunately, communication planning often takes a back seat, even though it plays a crucial role in project success. To ensure effective communication, it’s essential to develop a well-crafted project communication plan that serves as a guiding blueprint.
Great deliverables sit at the core of every successful project. Whether it’s the meetings you run, the plans you build, or the outputs you create, project deliverables help set stakeholder expectations, guide your team’s work, and monitor your progress. But, despite the criticality of project deliverables, many project managers still only have a surface-level (or misguided) understanding of what deliverables really are and the value they bring.
Earned Value Management (EVM) represents a pivotal progression in the realm of project management, refining traditional practices by introducing a more structured and systematic methodology. Its origins trace back to the late 60s when major global events like the Cold War and the space race brought forth challenges in financial tracking, especially for large scale projects funded by the U.S. government.
In the heart of Poland, where history intertwines with modernity, I've often reflected on the distinctions between traditional management and agile leadership. This topic holds a special place, especially in our rapidly changing times. Enjoy this video? Like and subscribe to our channel: [link] ! Traditional management, as I perceive it, was moulded for clear-cut problems.
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?
Slack has quickly owned the communication space. Whether you’re working in an office or remotely, chances are you’re connecting with Slack. But this popular app is more than a tool for chatting. Slack task management is its stealth feature. You probably think of Slack as being used for time management, not project management, but when integrated with ProjectManager, you get the best of both worlds.
What is PRINCE2®? PRINCE2® is a project management method. It’s structured, and experience-based, created from the lived experience of thousands of project managers and successful projects. PRINCE2® stands for Projects IN a Controlled Environment (Version 2). And it’s not spelled PRINCE TWO! It’s a customizable way of managing and controlling the work.
In the rapidly changing business ecosystem, organizations, now more than ever, are integrating sustainability into their strategic visions for long-term success. Among the tools helping businesses forecast and shape their futures is the “Three Horizons” concept. This model, coupled with GPM Global’s P5 Standard, offers a potent framework for selecting projects and aligning them with […] The post Sustainable Project Management and the Three Horizons Concept: Looking at pro
By Ray W. Frohnhoefer In today’s competitive job market, professional certifications hold substantial value, particularly in specialized fields like project management. The Project Management Professional (PMP)® certification stands out as the gold standard, recognized, and respected worldwide. Obtaining a PMP certification provides career advantages and can propel your project management career forward.
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.
Businesses are always looking for new and innovative ways to stand out from their competitors. One way to do this is by incorporating branding into every aspect of the business. From the products and services offered to the way the business is presented to the public, branding can make a significant impact on the success of a business. One unique way to incorporate branding is through the packaging of products.
TL; DR: Why Velocity Is a Useless Metric from a Management Perspective Typically, the obsession with velocity doesn’t originate from the team itself. It trickles down from management. Equipped with spreadsheets and performance dashboards, leaders often turn to easily quantifiable metrics like velocity to gauge progress. But what if this managerial focus on velocity is a fata morgana obscuring the path to true agility and value?
Certain manufacturers use a recipe to combine materials to deliver products. This is called process manufacturing and is a production method that’s common when producing in bulk. To better understand process manufacturing, let’s first define the term and explore the different types of process manufacturing. We’ll then outline the top benefits and provide a few examples across industries to make process manufacturing clear.
Initiating a project is where it all starts in PRINCE2®. This is the phase where you start working out who is going to do what. You also put in place all the required elements to make sure the project goes smoothly. The Initiating a Project process is designed to “establish solid foundations” according to the 2023 Managing Successful Projects official manual, also known as PRINCE2 7.
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?
Well, talk about cratering a schedule and resource plan!Layoffs in the middle of a project will do it for you.But wait!There may be a silver lining here:Communication complexity in and among project participants decreases as the square of participants. That could be a winnerYou may be able to select the departees.
One Project Management certification that is growing in popularity is the PMI-RMP. This is PMI’s Risk Management certification. The post PMI-RMP: All you Need to Know about PMI’s Risk Management Certification appeared first on OnlinePMCourses.
In the world of project management, a methodology stands out like a sore thumb, and that’s the notorious ad hoc project management. Suppose you’ve ever had the misfortune of encountering a project managed in this haphazard manner. In that case, you’ll understand why it’s often the subject of derision and eye-rolling among seasoned project professionals.
During one of the recent training sessions, a participant posed an intriguing question: "What are some lesser-discussed skills that a Scrum Master should possess?" To be frank, this is among the most interesting questions I've encountered recently, and it got me thinking. Once I began outlining these skills, I found myself motivated to explore this topic further and (potentially) write a series of posts.
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.
Manufacturers have to do more than produce a product, they also have to manage their operations. If they can’t do that, then they won’t have a successful business. That’s why manufacturing operations management is so important—it keeps the lights on. Of course, there’s more to manufacturing operations management than that. Before getting into the benefits of manufacturing operations management, let’s define what the term means and the areas that are under manufacturing operations managemen
Let me guess. You’re here because you’re interested in finding out whether the IBM Project Manager Professional Certificate is right for you? You’re in the right place. Summary review The IBM Project Manager Professional Certificate is a good CAPM® alternative or course to use towards your CAPM prep. It’s great for beginners but still has some formatting errors in the content as it’s still new at the time of writing.
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'.
AI project management software is revolutionizing the landscape of products and services. A host of tools are making their way to the market to capitalize on their potential. Given their ability to automate tasks, analyze data, aid insights, and improve the bottom line, AI project management tools will rapidly become part of standard operating procedure […] The post Embracing AI-driven Project Management: A Guide for PMs appeared first on Project Management Articles, Webinars, Templates an
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.
Project creates, program guides, portfolio decides. – Quote from the book, “I Want To Be A PfMP – The Plain and Simple Way To Be a PfMP” Project is all about deliverables and it creates a unique product, service, or result. Program is all about getting benefits by coordinating the components within its scope. Portfolio, on the other hand, is about meeting the strategic business objectives of an organization with a collection of the right portfolio components.
Over time, various myths and beliefs have surrounded the concept of the Definition of Ready. What does it entail? It's all about the conditions that must be met for a Product Backlog Item to be considered ready for action and understood enough by the entire Scrum Team so that it can be pulled into the Sprint Backlog during Sprint Planning. While some embrace it enthusiastically, others avoid it like a burning flame.
Manufacturing depends on a supply of raw materials, labor and the proper functioning of machinery to turn those inputs into the outputs that customers want. Manufacturing engineering is what keeps those integrated systems operating. After defining what manufacturing engineering is, we’ll look at the professionals who work in that discipline, the manufacturing engineers.
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