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Project planning, execution, monitoring and controlling are often the focus of project management. Even project initiation gets attention, but project completion is usually mentioned as an afterthought. That’s a mistake. Every phase of a project is important. Project completion is more than delivering on time, within budget and meeting quality expectations.
Project managers are often required to make decisions, plan, and share their understandings with stakeholders. Sometimes, these tasks may seem impossible when they all need to reach a consensus during a meeting. However, there is a technique you could use for this problem: the Delphi Technique. This technique can help you anticipate setbacks and address them before they happen.
When companies dip their toe in Agile waters, they often start by simply trying out an Agile framework such as Scrum to deliver something relatively small, such as a project. And that's a great way to start. However, with this comes the question: Can a Project Manager be a Scrum Master? The answer is yes - but with caution. While the transition may require some adjustment and a shift in mindset, Project Managers possess a wealth of experience and skills that can - for many - actually be benefici
By Olivia LE JEUNE and Jean-Roch HOULLIER Change management can be defined as all the operations carried out within an organization to enable it to adapt to change and environmental evolution. It is particularly human-centered, with cultural, behavioral, and social components for the individuals and teams affected. Here’s an insight based on our experience of change management within our projects.
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.
Arriving at a robust project schedule is hard. But, in this video, I will break it down into a simple process with three phases and 10 steps The post How to Estimate Your Project Schedule appeared first on OnlinePMCourses.
Could your project handle a 4-day workweek? The principle of "get it done, no matter what it takes" would have to step aside I think. But during more routine periods, productivity might actually go up with no additional cost.Obviously, there's lot to debate.Here's what 'Management 3.
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Could your project handle a 4-day workweek? The principle of "get it done, no matter what it takes" would have to step aside I think. But during more routine periods, productivity might actually go up with no additional cost.Obviously, there's lot to debate.Here's what 'Management 3.
In recent years, Environmental, Social, and Governance (ESG) criteria have rapidly moved from the fringes to the forefront of global investment strategies, profoundly influencing how projects are evaluated, financed, and implemented. This seismic shift reflects a broader acknowledgment within the investment community of the significant impact that sustainable practices have on long-term profitability and risk […] The post Interim Investing and ESG: The Evolution of Investment Strategies in
As an agency, profitability depends greatly on accurately tracking and understanding your company’s key metrics and data. This includes not just financial metrics, but also operational, sales, and project management data. In this guide, we’ll walk you through 16 key agency metrics and data to know and track to improve your agency’s profitability.
In today’s interconnected world, project managers often find themselves leading project teams spread across different time zones. While this presents unique challenges, it also offers exciting opportunities for collaboration and diversity. In this article, we will explore strategies to effectively manage global teams, foster communication, and promote team bonding to optimize performance, which will in […] The post Mastering Time Zones: Strategies for Leading Global Teams to Success appear
In the dynamic world of project management, the ability to generate, refine, and implement ideas effectively can mean the difference between success and failure. Project managers and teams constantly seek ways to streamline processes, foster creativity, and maximize productivity to achieve project goals efficiently. Enter MindGenius – a powerful tool designed to unleash the full […] The post Transform your Excellent Ideas to Achievable Actions first appeared on MindGenius.
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?
Businesses are always straining to look around the corner and see what the future has in store for them. Being able to prepare for the changes in the market can set up a business to take advantage of these opportunities and grow larger and more profitable. This is called scenario planning. To better position a business to be prepared to respond to the unknown, learn what scenario planning is and what the different types of scenario planning are.
Business agility is similar to the agility we observe at the team level, but it extends across the entire company. It is a Holy Grail many companies try to obtain. Companies want business agility to outperform their competitors. It will allow them to fluently and effortlessly absorb new market trends and opportunities at no additional cost. This blog describes how Business Agility can be achieved with Product Management by moving up on the Org Topologies™ map.
After extensive evaluation and comparison of multiple vendors’ proposals, your team selected a cloud vendor and began migrating workloads to the cloud. You expected to have a bump in costs during the transition, but now you’re in what is supposed to be the “to be” state of your cloud migration , and the benefits in your benefits case aren’t materializing.
As we get to the midpoint of 2024, we’ve been hard at work developing new features that make your Ganttic planning even better. Our latest update includes an easy way to duplicate your account settings. Perfect for managers in charge of multiple accounts, or those looking for a clean planner for sandbox style planning and API testing. Read on to find out about the Create New Account function in Ganttic.
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.
Key performance indicators (KPIs) provide projects with a lot of data. But to know whether those KPIs are on target requires more than just a gut feeling. You need a way to quickly and expertly evaluate whether project goals are being met. That’s what a RAG status does. RAG status begins with understanding the acronym and how RAG status is used in project management.
Stepping into the Product Owner's shoes can be both exhilarating and daunting. In any Scrum team, Product Owners are crucial in driving the product to success. However, transitioning into this pivotal position often comes with a learning curve, and mistakes are part of the journey. Recognizing them early can set the stage for success. Here are some of the most common pitfalls that new Product Owners encounter and practical advice on how to avoid them. 1.
A common problem in both portfolio management and sales and operational planning (S&OP) is reconciling product revenue forecasts between a company’s regional sales analysts and its corporate decision-makers. Typically, regional sales analysts focus on short-term objectives, and their forecasts must align with targets or commitments set by regional heads.
Why Governance is Important By Sophie Hussey Picture yourself on a stage in a massive room at a conference at the ExCeL in London, about to take part in a panel discussion about The Post Office scandal and the links to service management. Adding to the image you’ve got in your head, picture rows of packed seating in front of you, with additional people standing behind and along the aisles totalling somewhere in the region of 250-300 people in the audience, as the panel discusses a topic of dee
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?
In the ever-evolving legal services landscape, law firms continually seek ways to enhance efficiency and streamline operations. Leveraging technology is no longer an option but is necessary to stay competitive and deliver exceptional client service. Among these technologies, specific tools have proven especially effective in boosting productivity for legal professionals.
Scrum is often misunderstood. Many see it as a series of endless meetings with little actual progress. This couldn't be further from the truth. Scrum events, often mistaken for unproductive ceremonies, are designed to facilitate continuous inspection and adaptation. Each event serves a purpose, driving the team towards achieving the Sprint Goal and delivering value.
Billable hours is the time professionals spend on client work they can charge for. Tracking billable hours throughout a project ensures a client is charged correctly when it’s time to invoice and prevents under or overbilling. Honesty and transparency around billable hours can also help build client trust. In this article, you’ll learn five steps to calculate billable hours accurately: Agree on billable tasks and rates Set up the project, tasks, budgets, and billable rates Track billable and non
Projects can and do go horribly wrong. Before we explore how to avoid the pitfalls, here are some sobering statistics. Statistics from [link] We use tried and tested project management techniques and tools to tip the balance between success and failure in our favour (which is 'success', to be on the clear side). What is a Project? I'm sorry to have to do this, but let's quickly start at the beginning because I'm always surprised by how many people get confused about
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!
Choosing a career path is a significant decision that can shape your professional future. Two fields that have gained prominence in recent years are project management and data analytics. Both offer exciting opportunities for growth and development, but they differ in many aspects. In this blog, we will compare project management and data analytics, exploring their roles, skills required, career prospects, and more to help you determine which path may be better for you.
Was bedeutet es, als Scrum Master erfolgreich zu sein? Über diese Frage denke ich schon seit Jahren nach. Besonders intensiv war dies auf dem Höhepunkt meiner Frustration mit der Arbeit als Agile Coach. Mehrere Jahre der Reisetätigkeit hatten mich krank gemacht. Deshalb bewarb ich mich auf eine Stelle als Agile Coach in meiner Stadt. Die Gehaltsverhandlungen waren frustrierend.
Over a billion individuals worldwide navigate the challenges of living with disabilities , particularly when it comes to finding employment. Yet, the rise of remote work and the adoption of virtual interviews have offered unexpected opportunities. What’s so revolutionary about virtual interviews and remote work options? They bring to light the critical need for digital accessibility in both hiring and day-to-day work environments while also making it easier to ensure that online resources,
Introduction to the Project Lifecycle In this section, we'll get a sense of each of the main phases of a typical project. We've already summarised them, but let's refresh our memories. Typically, they are; Initiation : Defining the project and establishing its feasibility and options for delivery so that it can be rubber-stamped to start in earnest.
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.
Monitoring key performance indicators (KPIs) throughout project lifecycles helps determine which projects are on the right track. And which ones need help to hit your company’s financial and operational targets. Let’s explore the importance of KPIs and our top 9 project KPIs to monitor to boost your profits. What is a KPI in project management? KPIs are quantifiable metrics used to measure progress toward specific business goals.
Explore the complex relationship between velocity, estimates, and true value in Scrum in this Responsive Advisors Lightning Round. This discussion challenges the conventional use of velocity as a measure of team productivity and touches on alternative methods that emphasize value over speed. We dissect the origins of velocity, its intended purpose, and how it has evolved in modern Scrum practices.
Henry Ford is world-famous for his innovative methods, his impact on the car industry, and one more thing — popularizing the 40-hour workweek in the 1920s. That was 100 years ago, though! No wonder the 9-5 has fallen under serious scrutiny , with the global pandemic serving as a major catalyst for the calls for change. Although the pandemic accelerated the shift towards remote work, the demand for flexible hours is more than just a trend — it’s a growing expectation among employees.
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