Sat.Nov 16, 2024 - Fri.Nov 22, 2024

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Top 10 Project Management KPIs Explained

ProjectManager.com

In this blog, we’ll explore the most important project management key performance indicators, commonly referred to as project management KPIs or simply project KPIs and the benefits of using them during the project life cycle. Think of, say, like your dashboard on your car to help you determine, are you going too fast, are you going too slow? Think of a GPS system when you’re driving somewhere that helps you know different routes.

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Conflict Prevention in Project Management: A Human-AI Collaboration

The IIL Blog

By Jorgelina Bross-Puglisi In the dynamic world of project management, conflicts are inevitable, and effective conflict management is crucial to the success of any project. While it can sometimes lead to innovative solutions, unresolved conflicts related to miscommunication, resource constraints, shifting priorities, and diverse stakeholder interests can lead to friction that can significantly derail projects, impacting timelines, budgets, and team morale.

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AI Driven PM: AI Agents Are The Next Big Thing in Project, Program, and Portfolio Management

PM That Works

"Organizations will not be able to compete globally without putting in place project management processes and continuing to develop their project managers to become leaders within the organization," I wrote in Stop Playing Games. That leadership role is evolving faster than ever with the upcoming release of OpenAI’s AI agents, expected in January. These tools are set to revolutionize how project managers approach their work, freeing us from the mundane and allowing us to focus on strategy, innov

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Summary and review Managing Portfolios and a comparison with MoP

Henny Portman

Thirteen years ago, Steve Jenner and Craig Kilford wrote the official guide Management of Portfolios (MoP). Now there is a new guide, the successor of the MoP guide named Managing portfolios – Optimizing strategic contribution by Steve Jenner. Managing portfolios in a nutshell Managing Portfolios (MP) operates on five core principles and is structured around twelve practices organized into two dimensions: “Designing the Portfolio” and “Delivering the Portfolio.” These

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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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AI-Powered PMP Exam Simulator: A New Era in Project Management Certification Preparation

The IIL Blog

By Max Langosco assisted by Gus AI It worked in the following way: 1) I loaded two files into its knowledge base. The first file is the description used with the developers to create all the features of the application. The second is a Frequently Asked Questions document. 2) I asked the AI to interview me and ask questions which would be interesting to a public of project managers. 3) I asked the AI to summarize the knowledge gained into an article.

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Agile Transformations and the Agile Product Operating Model - The next phase

Scrum.org

Image I was lucky to work with Andy Brandt on a recent whitepaper titled ‘ Moving Beyond Agile Transformations: Leveraging the Agile Product Operating Model (APOM).’ This paper discusses how APOM is essential in taking your agile transformation to the next level. It also explains how APOM can leverage organizations' existing investments in agility to deliver more value to their customers and finally cross the chasm of ultimate value for agility.

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System Integrator -- Owner Rep roles

Musings on Project Management

In the government domain, the government often contracts for an SI -- system integrator -- whose scope of work is to be an independent evaluator of program plans and progress, an expert adviser to the program executive for risk management and value engineering, and a voice in the project office not beholden to the prime contractor(s), system architect(s), or other implementers.

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What is Milestone Tracking? …or Milestone Monitoring?

Online PM Courses

Milestones are a basic project planning and tracking tool. What are milestones, and what are milestone monitoring or milestone tracking? The post What is Milestone Tracking? …or Milestone Monitoring? appeared first on OnlinePMCourses.

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What Is an Impact Effort Matrix? (Template Included)

ProjectManager.com

Many tools help project managers deliver their projects. One is the impact effort matrix, which we’ll define shortly. This visual tool is handy when deciding how to allocate resources to maximize their effectiveness. Read on to learn when to use an effort impact matrix and why it benefits project management. We’ll also provide a free download for an impact effort matrix template and show how to make one from scratch to better understand how it works and its value.

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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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Why Scrum Fails if Product Ownership Fails?

Scrum.org

If product owners fail to maximise the value produced by the team, the entire product development can be derailed. Failing to understand and validate value leads to the team missing the intended goals. This article was first published in the AskScrum.com newsletter. Subscribe to AskScrum.com to be the first to receive articles like this. The Product Owner must maximise the value the team can deliver.

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Empowering Project Managers with Generative AI: Inside IIL’s Course Development

The IIL Blog

By Amy Gershen Vice President, Global Learning Solutions International Institute for Learning (IIL) IIL’s Global Learning Solutions (GLS) Team has responsibility for the design and development of all course content delivered to our learners as well as oversight of all content delivered by our strategic partners. In late 2023, GLS was tasked with building a course on using AI in Project Management within a two-month timeframe.

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How to Winterize Your Home (Checklist for Vacation Rentals)

Lodgify

Once the leaves start falling and the temperature dropping, it’s that time of year again: time to prepare your vacation rental for the winter season. For many vacation rental property owners, this is the time of year when work starts to wind down. Peak season is over, bookings are thinning out, and you can (finally) take a well-deserved break.

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How to Make a Gantt Chart in Google Slides (Free Template Included)

ProjectManager.com

A Gantt chart is an essential project management tool, as its project planning, scheduling, and tracking features help manage the entire project life cycle. For this reason, there are many Gantt chart software alternatives, ranging from easy-to-use spreadsheet software such as Google Sheets or Excel to specialized project management software like ProjectManager or Microsoft Project.

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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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Adaptive Solutions: The Heart of Scrum’s Power

Scrum.org

From the Scrum Guide: “Scrum is a lightweight framework … generate value through adaptive solutions…” What are “adaptive solutions,” and why do they matter so much? Scrum isn’t just about solving problems; it’s about solving them in ways that adapt to your ever-changing environment. That’s what “adaptive solutions” really means. From Cambridge Dictionary: Solutions: “A way of dealing effectively with a problem.

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Resource Forecasting For Projects: A Beginner’s Guide

Scoro

Resource forecasting in project management is the process of estimating how many people in specific roles will be available to complete your projects on time and within budget. To predict resource needs, project managers typically analyze three key data sources: Sales pipelines: Give a high-level overview of tentative and upcoming project needs, helping you proactively determine which roles you’ll need (and for how long) Project plans: Outline the project phases, tasks, and timeline, offering mo

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Organizational Change Starts with Teams, Backlogs, and Working Tested Product

Leading Agile

Agile transformation can feel like an uphill battle, especially when frameworks and processes overshadow the foundational principles of the Agile Manifesto. In this video, we explore why the industry’s common applications of Agile often fall short and how the focus on culture or process misses the mark without the right conditions. With 23 years of Agile history as context, we discuss the original intent behind Agile practices, the challenges of scaling them in complex environments, and the crit

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Issue Management: What Do You Need to Know about PM’s Vital Process?

Online PM Courses

Issue management is a basic part of project management. Experienced project managers deal with it day-to-day. But is it straightforward? The post Issue Management: What Do You Need to Know about PM’s Vital Process? appeared first on OnlinePMCourses.

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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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3 Moderations-Tipps für Product-Owner: So gestaltest du Meetings produktiver und kürzt unnötige Diskussionen ab

Scrum.org

Was viele nicht wissen: Eine meiner ersten Positionen in einem Scrum Team war tatsächlich die des Product-Owners. Was soll ich sagen.? Es gab Höhen und Tiefen. Die „Höhe“ war für mich, Technologie, Wirtschaftlichkeit und Teamarbeit zu vereinen. Tiefpunkte waren: endlose Meetings, in denen sich die Diskussionen hinzogen. Ich verzweifelte daran, eine Entscheidung zu treffen, die nicht auf Gegenstimmen stieß.

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From Managing Projects to Leading PMOs: A Conversation with MPUG’s MPV Bill Dow

MPUG

As a longtime MPUG contributor with over 30 years in project management and seven published books to his name, Bill Dow, PMP, brings a unique perspective to the project management community. Currently directing a large PMO with 40 project managers under his leadership, Bill recently sat down with MPUG to share his journey from managing his first project in 1991 to becoming a recognized PMO expert and author.

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How to Improve Employee Efficiency by Optimizing Daily Tasks

Sandeep Kashyap

According to the 2024 Kelly Global Rework Report , over half of executives (54%) say poor workforce planning is holding back business growth. Project managers face this challenge, especially when leading teams in customer-facing environments. Ensuring smooth operations while managing resources effectively is critical, yet high employee turnover presents a significant obstacle.

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How Project Management Tools Simplify Product Launch Marketing?

NimbleWork

When it comes to a product launch marketing, I know firsthand how crucial it is to get every detail right—from the messaging to the timing. Launching a product successfully is not just about unveiling something new; it’s about creating a buzz that draws in customers, engages stakeholders , and builds long-term loyalty. That said, orchestrating a launch isn’t easy.

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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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Managing Distributed Scrum Teams: Tools & Trust Essentials

Scrum.org

In this Responsive Advisors Lightning Round, Part 2 of a 3-part series, we focus on the importance of building trust and streamlining tools for globally distributed teams. Learn how to limit tool sprawl, foster a culture of autonomy, and set effective overlap times to support your team’s productivity.

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Project scheduling software: 8 options for your team

Wrike

Searching for the best project scheduling software? You’ll want a user-friendly interface, real-time schedule updates, and simple tools to share your timeline. With software like this in place, you have all the features you need to clarify your capacity, allocate your resources, and keep your project work on track. The problem is that there are as many different project scheduling platforms as there are types of projects.

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AI in Project Management: From Resource Planning to Execution

Celoxis

Explore how AI in project management enhances resource planning, scheduling, risk management, and collaboration for more efficient project execution.

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Primavera P6 – Understanding Various Activity Types

Management Yogi

The Primavera P6 software has a number of activity types considering various aspects of project or project-portfolio management. It covers areas such as milestones, WBS related, level of effort (LOE) and the normal ones. In this article, we will understand the activity types available.The FundamentalsEach activity (or task in simple terms) must be assigned an activity type.

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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.