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Introduction. Most courses and books on project management discuss the “Triple Constraints” in terms of a three-legged stool (see Figure 1 below). The first leg represents Scope Management, the second, Time Management, and the third, Cost Management. If one aspect is shortened or increased in length, then the two other “legs” must be adjusted accordingly for a successful project.
It’s easier to ignore the possibility of risks when the business is doing well — but not having a plan for potential unforeseen threats could be the most significant risk of all. The risk management process involves identifying, assessing, and controlling risk factors that threaten an organization’s earnings and assets. Risks may arrive from multiple sources, including legal liabilities, management errors, financial uncertainties, technological problems, workplace accidents, and even natural dis
1,00,000 practitioners and 20,000 enterprises worldwide have kept faith in one thing to drive Business Agility in the enterprise. . And that’s Scaled Agile Framework(SAFe)! . As per the 15th State of Agile Survey, 38% of the respondents considered SAFe as the most popular framework for scaling agile. . Research has shown that more than 70% of the transformations fail.
Watch my free webinar training on the 3 critical skills you need to manage multiple projects. Learn the skills you really need to juggle all your work (and still leave the office on time!). Why do you need to learn how to manage multiple projects ? That’s what we’re looking at in this article. I’ll share the 3 main reasons why you need to develop a range of skills – beyond what’s taught in the project management books – to help you meet the real demands of the job: multi-project management.
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.
Project managers know all about the triple restraint: time, scope and cost. But truthfully, there should be a fourth restraint: quality. The quality of your work can make or break a project, which is why a quality management plan is so important. If you deliver on time and under budget, but the quality doesn’t meet your stakeholders’ expectations, the project is not a success.
I’ve written and spoken frequently about the many issues with holding infrequent lessons learned sessions. The good news is that many practitioners now recognize that it is much better to discuss and implement improvement ideas frequently over the life of their projects than just at the end of a phase or the project as a whole. This applies both to projects which follow a predictive life cycle as those following an adaptive one, with the main difference being the frequency at which such re
I’ve written and spoken frequently about the many issues with holding infrequent lessons learned sessions. The good news is that many practitioners now recognize that it is much better to discuss and implement improvement ideas frequently over the life of their projects than just at the end of a phase or the project as a whole. This applies both to projects which follow a predictive life cycle as those following an adaptive one, with the main difference being the frequency at which such re
When will we get there? It’s not just something you might hear from the back seat of a car on a long road trip. It’s something that a Scrum Team’s stakeholders, customers, managers and many others want to know. When will that thing you are working on be done? How long do I have to wait for you to deliver what I want? Sound familiar? It’s a reasonable question.
What are the key skills for working on multiple projects simultaneously? What tools do you use to prioritize your work? How do you get through the day when you’re juggling All. The. Things? I posed these questions (and more) to our community and the insights were illuminating. And unfortunately, not in a good way. In this article, we’ll dive into the statistics and you’ll learn: The top challenges facing people managing several projects at once The key skills required for managing multiple proje
Projects need management. Much of the focus of project management is obviously on methodologies that keep your project on time and within budget. But you don’t want to initiate a loss leader. That’s where project selection comes in. Project selection is all about picking the right project at the right time for your organization. It sounds like it’d be simple, but there are a lot of factors to consider.
The evolution of the InLoox blog. Project management and software is our passion, and it is evident on our blog. A majority of our posts revolve around every possible aspect of project management and project management software. What many don't know: Project management encompasses much more than just methods and metrics, in fact key elements of the discipline include leadership skills and collaboration.
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?
TL; DR: 27 Product Backlog and Refinement Anti-Patterns. Scrum is a tactical framework to build products, provided you identify what is worth making in advance. But even after a successful product discovery phase, you may struggle to create the right thing in the right way if your Product Backlog is not up to the job—garbage in, garbage out. The following article points to 27 common Product Backlog anti-patterns – including the Product Backlog refinement process – limiting your Scrum team’s succ
Have you been asked to pull together a strategy planning meeting agenda? And you’re wondering what other people do in their strategic planning sessions… I’ve been there! In this article, I’ll explain what a strategic planning meeting can cover and share a sample agenda you can customize for your strategy sessions. Strategy planning doesn’t just happen.
PM Stories from the Front. War is hell, and not something any sane person plans for (outside of the government, that is). As the events of late have unfolded, the need for wartime planning of projects (military or not), has come to roost across most of Europe and beyond. Another black swan has landed, just a few years after the last. Even non-military project managers are prepared for every eventuality, right?
So, you want to pass your PMP exam? Here are my top tips to ace your Project Management Professional certification exam. The post How to Pass Your PMP Exam [Project Management Professional] | Video appeared first on OnlinePMCourses.
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.
In Kürze: 27 Product Backlog Anti-Patterns. Scrum ist ein taktisches Framework für die Entwicklung von Produkten, vorausgesetzt, Sie erkennen im Voraus, was es wert ist, entwickelt zu werden. Aber selbst nach einer erfolgreichen Produktentdeckungsphase, neudeutsch: Product Discovery, kann es Ihnen schwer fallen, das Richtige auf die Beine zu stellen, wenn Ihr Product Backlog der Aufgabe nicht gewachsen ist: Garbage in, Garbage out.
We make hundreds of decisions on projects. Every day, we’re expected to take some action and that inevitably means making a decision about something. In this article, you’ll learn how to make better decisions by following a simple process. The decision you need to make might be something small like whether or not to call a meeting. Or it might be something substantive like whether to escalate an issue to your sponsor.
EMPATHY Should Become Part Of Your Leadership Now Image Source: ProofHub While many leaders may think managing millennials is just like managing a baby boomer, it’s not. However, they may still be treated the same way. So, it is inevitable to feel disconnected, unappreciated and unrecognized. While a baby boomer might not dig flexibility, seek stability, and also believe in a hierarchical structure, millennials seek understanding, engagement and want their voice to be heard as equals.
Unless you’ve been living under a rock since the COVID-19 pandemic started (#nojudgment), you’ve probably heard over and over that remote work is here to stay. Owl Labs found that 69% of U.S. respondents work remotely or had worked remotely during the pandemic. Upwork also predicts that around 28% of the American workforce will be fully remote by 2026.
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?
When you aspire to a Scrum Master role, some form of certification on your resume is a must. Scrum.org offers the acclaimed PSM learning journey to support Scrum Masters to professionalise their skills. I am a Professional Scrum Trainer for scrum.org and I have trained hundreds of Scrum Masters over the past few years. Newcomers start their career with a PSM-I class to gain an understanding of Professional Scrum and the essence of the role of the Scrum Master.
I have one word for you today: Transitions. How am I only realizing this now? I need time to transition between activities in order to keep my work/life balance from imploding. You might have worked this out a long time ago, but it’s only been a few months since I realized this applied to me as well as my pre-schoolers. I think I’ve got this aspect of parenting down and I manage their transitions well: “We can play for 10/5/3/1 more minute and then we are going home.”.
When it comes to project management software , almost every technical team has tried Jira at some point. But talk to 99.99% of them, and they’ll tell you they have a love/hate relationship with the app. Since its early days as a bug tracker, Jira has ballooned into one of the most feature-heavy tools available for managing projects. But all that growth has resulted in some serious growing pains.
Probabilistic branching and probabilistic linking are two completely different concepts in risk management. Many risk management practitioners confuse these two and use them interchangeably. This is not correct. To understand probabilistic linking, first you need to understand probabilistic branching. You can refer to this detailed article to understand probabilistic branching.I hope you have.
ZoomInfo customers aren’t just selling — they’re winning. Revenue teams using our Go-To-Market Intelligence platform grew pipeline by 32%, increased deal sizes by 40%, and booked 55% more meetings. Download this report to see what 11,000+ customers say about our Go-To-Market Intelligence platform and how it impacts their bottom line. The data speaks for itself!
This article is also available as a free PDF. It’s a nicely styled paper and allows you to easily share it with others. You can download the PDF here or check the package that includes 30 Quickstart workshops ! . Team morale indicates how willing members are to push on in the face of difficulties. Teams with high morale find their work meaningful and feel motivated to work together.
This is a guest article from Sidar OK, an executive coach who supports employees wishing to increase their income by becoming an independent consultant. Introduction. Sidar OK. When I became an independent consultant 12 years ago, freelance missions were abundant. In fact, I would get about 3-4 offers per week just with my LinkedIn profile and my public CV.
There’s an adage that goes, teamwork makes the dream work. That’s pithy and true. Working as an effective group, we can achieve more working with others. . As a species, humans are social animals. We want and need to work in groups. Since our ancestors began hunting on the savannah, armchair anthropologists may share this observation: not only are people more physically effective when working in numbers, they are also more cognitively effective. .
Cost Structure is the final component step to completing the business model canvas. This post provides an overview of the importance of Cost Structure as a canvas component, gives guidance on how to approach identifying the Cost Structure for a business, looks at different types of Cost Structures, and looked at the implications of Cost Structure considerations for strategy and project management.
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.
“We are still recruiting a UX for your domain.” That was a scary sentence when joining a new team. It implied that there was a need, hence a gap in skills either needed now or tomorrow and that the solution centered around a person. At the same time, it is not a unique situation. Many teams ask themselves does Architecture need to be part of the team?
The problem with a failed venture cannot be wholly attributed to a fault in its planning or execution. There are often uncontrollable and unpredictable factors that result in complete disarray and cause a plan or project to fail. These factors could be anything from an increased cost to botched machinery or something else entirely. Here is where a Risk Breakdown Structure (RBS) becomes crucial, as it can zero down on the most likely threats related to a project and aid to handle them better.
Please find below a transcription of the audio portion of Jeff Bongiovani’s webinar, Overview of the PMBOK® Guide Seventh Edition – Lesson 1, being provided by MPUG for the convenience of our members. You may wish to use this transcript for the purposes of self-paced learning, searching for specific information, and/or performing a quick review of webinar content.
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