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PMI has released its Global Megatrends 2022 report, which is an analysis of the global forces significantly impacting society and the project management profession today. The report helps project professionals understand the world’s rapid transformation and the global context in which they work so they can use projects to solve complex problems. “The world continues to see ongoing change and uncertainty, impacting our daily lives at home and work,” said Michael DePrisco, Interim President &
In order to implement projects in China or in other emerging markets, knowledge of how things work in these cultures is crucial. The choice of project manager for such projects is considered highly crucial. Non-Chinese project managers will face some challenges during the project. They will be managing an international team in a foreign market without direct staffing authority.
Unfortunately, many Project Management Offices (PMOs) become nothing more than a watchdog, one that ensures compliance to a strict set of rules. In this article, we will explore why this happens and what it takes for PMOs to become strategic enablers. PMOs Have Gone to the Dogs PMOs are started with the best of intentions. Management sees it as a way to give oversight to all the programs and projects.
Collaboration is already hard enough. Now imagine collaborating with colleagues that aren’t in the same department as yours. Or maybe even a different location! Well, people do it every day and it’s called cross-team collaboration. As these hybrid teams become more standard, cross-team collaboration is the key to connecting these different groups and increasing their productivity.
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.
I wanted to share some tips from the fabulous women in project management whom I have interviewed on this blog. Looking back through the discussions we had, there is so much wisdom and what struck me was the total willingness to share. Here are 15 practical tips from our community of amazing women, all tested and proven by the women themselves. Can you make these work in your projects and career?
Agile is an umbrella term encompassing a variety of frameworks and approaches to value delivery in complex environments. The word agile came into widespread use following the creation of the Agile Manifesto in 2001. That year, a group of 17 software practitioners looking for a better way to deliver software settled on the the term agile to refer to their more rational, human approach to complex work.
Agile is an umbrella term encompassing a variety of frameworks and approaches to value delivery in complex environments. The word agile came into widespread use following the creation of the Agile Manifesto in 2001. That year, a group of 17 software practitioners looking for a better way to deliver software settled on the the term agile to refer to their more rational, human approach to complex work.
When we consider the benefits of non-solo working approaches such as pair programming or mobbing, the ones which normally come to mind are related to improvements in the speed or quality of delivery. The old adage “two heads are better than one” applies as we are usually able to get more work completed faster and with fewer defects. And by injecting variety by having participants alternate between different roles frequently, we also reduce the likelihood of fatigue.
Information technology (IT) is the backbone of the modern enterprise. Without functioning IT systems, companies of all sizes would not be able to function effectively and progress would slow to a crawl. Let’s examine the emerging information technology trends and challenges as well as the modern IT project management solutions designed to overcome them.
Projects are the future, a good portfolio office can influence and shape strategy and project management is the only way to holistically deliver improvements. If you have sat through any project management conference presentations or talked to someone evangelizing about the role of the PMO then you will have heard this stuff before. At the roundtable discussion about project management in the collaborative age way back in 2012, the talk turned to how project managers could shape strategy.
Since it’s the beginning of the year, it makes sense to talk about setting great goals. As you know, Product and Sprint Goals aren’t optional in Scrum. However, many teams are struggling with it. Btw, stay tuned for an upcoming video on that topic to uncover why setting goals is so hard. It’s not a Scrum Master accountability to set up goals. Instead you need to help your Scrum Team, and especially the Product Owner, to do so.
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?
Do you have a plan for Valentine’s Day? If not, it is time to get on it, so you are ready with a demonstration of your love for that special person in your life. Speaking of planning, how about your project plans? Do you love them? Are you investing sufficiently to ensure they receive the attention they deserve and will be healthy into the long term?
ProjectManager’s latest release is here, and it’s designed to make managing your hybrid team’s workflow much faster and easier. This release includes Automation and gives all Business and Enterprise users more customization when using Custom Workflows and Approvals. Streamline Manual Processes & Reduce Repetitive Work. Automation will take your experience with ProjectManager to the next level.
A couple of times people have said to me that sharing the project budget with their team members is Not A Good Idea. I don’t know why that is the case – they are stakeholders too. I think it is essential to be transparent about the budget, how it was created and how you, as a team, are doing with spending it. It helps the project team come together with a common objective, and it helps build trust in the way in which things are being done.
In Kürze: Der NPS ®-Wert von SAFe ® als Skalierungsframework ist -56. SAFe® war schon immer ein kontroverses Thema innerhalb der agilen Gemeinschaft. Deshalb habe ich bereits 2017 eine erste Umfrage zum Net Promoter Score® des Scaled Agile Framework SAFe ® durchgeführt. Das Ergebnis war damals -52. Viereinhalb Jahre später habe ich diese Umfrage nun wiederholt: SAFe® hat zwischenzeitlich mehrere Iterationen durchlaufen und mehr agile Praktiker haben Erfahrungen mit diesem Framework gesammelt.
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 carrying out the task assigned. you will be governed by the principle of calculated risk. which you shall interpret as avoidance of [risk] exposure. without good prospect. as a result of such exposure. of greater [benefit]" (*)Admiral Chester Nimitz to his subordinate admirals, Battle of Midway, June, 1942"You will be governed by the principle of calculated risk"What does.
In our industry, we notice there are typically two ways people want to approach Agile Transformation. Either they want to add in practices like Scrum of SAFe and go from there, or try to shift the culture through beliefs and mindsets first. The trouble is, neither of these really works. . Inserting Agile Culture First. It’s a very commonly held belief that if we can change the beliefs and the mindsets of the organization, people will adopt the practices.
This is a guest article by Isidora Roskic. Learning to successfully manage agile projects requires you to first familiarize yourself with the concept of Agile. What is the agile methodology? Where did it start? What does it truly encompass? If you know all of the answers then you’re off to a good start! If not then the following will help. Where it all began.
Since I first started working with Scrum in 2005, I have wondered what would eventually come along to replace it. Scrum has now been around for over 25 years, so surely something else would emerge? Approaches including Lean, Kanban, DevOps have appeared and grown popular, but they have not displaced Scrum as the most widely used approach to increase agility.
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 PMI articulated 12 Project Management Principles in PMBOK 7, it was a new idea for PMI. But the idea itself was not a new one. The post Your Top 5 Questions Answered about Project Management Principles appeared first on OnlinePMCourses.
Investopedia explains Return on investment (ROI) as a performance measure used to evaluate the efficiency or profitability of an investment or compare the efficiency of a number of different investments. ROI tries to directly measure the amount of return on a particular investment, relative to the investment’s cost. This post is not about that. I […].
Image Source: ProofHub I was just going through an article that stated?—?half of the workers feel like they have a career, the other half feel like they just have a job. Such stats give an indication of how uninspired the current generation of employees. As a leader, the need to constantly give your employees a motivational boost is more than ever. And, the best way to achieve this is to help them find a purpose in their job.
You must have observed a Music Director inside a recording studio with a big keyboard who is busy tunning different button. Haven’t you! Long back, I used to wonder - Shouldn’t they have done all that tunning beforehand rather than doing it while a singer is recording his or her voice? Out of curiosity, I asked my musician friend and what he said had a lasting impression on me - no matter how expert we are, no matter how much logic we apply, everything will be just a prediction of how it will al
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!
If you aim to make your organization more customer-oriented, the focus should be on building a good persona. Your organization’s persona is highly crucial no matter what industry you belong to. . The reason? . For starters, personas collect and define essential information about your consumers. Personas also visualize your consumers’ use habits and interests.
We do capacity planning all day, every day. Ever kept an eye on how much of your bank balance you’ve spent? Considered how many extracurricular activities you can fit in, based on your time and budget? Packed in sightseeing trips depending on interest, expense, and distance? We may not call it that, but we engage in capacity planning on a daily basis.
How do we translate our Agile Transformation to financial benefits we can measure? Check out this clip where Dennis Stevens explores four areas where financial benefits are created through your Transformation: Value Density. Reducing Head Count Costs. The Total Cost of Ownership. Market and Business Achievements.
TL; DR: The SAFe ® NPS ® Score as a Scaling Framework Is -56. SAFe® has always been a controversial topic within the agile community. Therefore, back in 2017, I ran a first survey on the Net Promoter Score® of the Scaled Agile Framework SAFe®. The result back then was -52. Four and a half years later, I reran the poll: SAFe® has been through several iterations, and many more agile practitioners have experienced working with it.
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.
Product Owner is a misunderstood job in many organizations, yet there’s a soaring demand year after year. If you’re keen on becoming a Product Owner , then here’s an interview prep guide containing the product owner question and answers that will help you become more confident. Here’s a list of 30 beginners, intermediate, and advanced questions that will ensure that you are on the right track. 1.
When mass production rose in the early 1900s with the Model T Ford, the saying went, “You can have any color you want…as long as it’s black!” Mass production grew in importance, but advances in technology have enabled more flexibility and a more modern twist on the theme: Mass Customization. This post explores what Mass Customization means, its importance in strategy, and the Mass Customization benefits that project managers must deliver.
We know how troubling it can be to keep track of your budget. Managing your personal expenses is already a stretch, but the budget of an entire business can be a bit too overwhelming. Thankfully, many project budget management apps can make your work much easier and more fun. A project budget management app allows you to keep your finances in check at all times.
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