Sat.Oct 30, 2021 - Fri.Nov 05, 2021

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Project Risk Management: From Principles to Methods

Project Risk Coach

The Project Management Institute (PMI) recently published the Project Management Body of Knowledge Guide (PMBOK®), Seventh Edition which is radically different from previous editions. In this article, let’s see how the PMBOK® Guide, Seventh and Sixth Editions differ, explore the Risk Principle in the Seventh Edition, and look at how risk management methods relate to principles.

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Beware the bored team member!

Kiron Bondale

(Thanks to Andy Kaufman for inspiring this week’s article). Those of us who have raised small children are familiar with the complaint “I’m bored!” which is almost as annoying as “Are we there yet?” This is more common currently than when I was growing up. Expressing boredom in those days was like issuing an open invitation for your parents to assign you some “interesting” chores.

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Why are people leaving project management?

Rebel’s Guide to PM

Nearly 1 in 5 project managers have considered leaving their job: 37% of professionals have thought about quitting project management in the past year. The figures look even worse for those who identify as having ‘some project management experience’: 41% have considered or seriously considered leaving it all behind and finding a different career.

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5 Tips for Better Agile Release Planning

ProjectManager.com

If you’re working in software development, you know that the software development life cycle can often be frenetic. Product features and stakeholder requirements constantly change, and your initial product development plan might look very different as the project evolves. Agile release planning, also known as scrum release planning, is an alternative to the traditional waterfall approach.

Agile 363
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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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5 ways to gather stakeholder feedback in a remote environment

Scrum.org

As a Professional Scrum Trainer, I love working from home, but engaging with others in a remote environment can be challenging. If you’re using Scrum remotely and need stakeholder feedback to order your Product Backlog, here are a few ideas for how to gather it virtually. Business Value Game. Buy a feature. 20/20 vision. Three votes. Sentiments. . Business Value Game.

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Managing Multiple Projects: The Research

Rebel’s Guide to PM

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

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Project Management Fast Tracking: How to Fast Track a Schedule

ProjectManager.com

Fast-tracking in project management is a way to manage time, schedule and activities. This method rejects traditional project management methodologies to work in a way that allows for quicker project execution. But is fast-tracking right for you and your project? Read on to learn exactly what it means to fast-track a project and how it differs from other techniques in dealing with the project scope.

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Maximizing Utilization, Ignoring Slack Time — Making Your Scrum Work #22

Scrum.org

TL; DR: Maximizing Utilization as a Relic from the Industrial Management Past. There are plenty of failure possibilities with Scrum. Since Scrum is an intentionally incomplete framework with a reasonable yet short “manual,” this effect should not surprise anyone. For example, what if the focus of the organization is on the maximizing utilization of the “workers” of the Scrum teams?

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The Simple Way to Fix Resource Management Issues

LiquidPlanner

If you’ve worked on projects for a while, you’ll know that making sure the right people are focusing on the right tasks at the right time is a perennial challenge. Managers want to know when the team will be able to take on new work, but they are tired of creating plans that don’t survive the week, due to new requests, changing priorities or any multitude of reasons that mean you’re dealing with uncertainty every day.

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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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HBR Project Management Handbook [Review]

Rebel’s Guide to PM

There’s a new project management ‘bible’ in town and it could displace some of the weighty tomes you have on the shelf (Lock, I’m looking at you). Get your copy. The Harvard Business Review Project Management Handbook : How to Launch, Lead, and Sponsor Successful Projects is a masterclass in how to make project management work in modern businesses. Written by past PMI Chair and PM champion Antonio Nieto-Rodriguez , the book’s goal is to elevate project management competencies to management level

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7 Awesome Benefits of Outsourcing Project Management

nTask

Outsourcing is a process that involves both gaining advantages yet also facing certain drawbacks. And it is no different when you consider outsourcing project management. Creating the perfect balance of when outsourcing project management makes the most sense for you and your organization can help you reap the most advantageous situation and make the decision of whether you should outsource easier.

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How Leaders can support and leverage the Scrum Artifacts

Scrum.org

. Scrum Artifacts. In our final entry in the Scrum Guide companion for Leaders series (see parts 1 , 2 , 3 , 4 ) we turn to the Scrum Artifacts. Scrum’s artifacts represent work or value. They are designed to maximize the transparency of key information. Thus, everyone inspecting them has the same basis for adaptation. Each artifact contains a commitment to ensure it provides information that enhances transparency and focus against which progress can be measured: For the Product Backlog, it is

SCRUM 229
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Creating an Agile Transformation Roadmap

Leading Agile

An Agile Transformation Roadmap is all about getting people to change and having that change be sticky. But getting people to change is hard and resistance to change is often the thing that derails Transformation. The thing to recognize about change is that it’s usually not that people don’t want to. It’s that they can’t see how to do it.

Agile 147
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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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10 Best Enterprise Digital Asset Management Software for 2022

The Digital Project Manager

A free Canva plan can only get you so far—enterprise DAM takes asset and brand management + digital marketing campaigns to the next level. The post 10 Best Enterprise Digital Asset Management Software for 2022 appeared first on The Digital Project Manager.

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15 Common Cognitive Biases That Twist Your Thinking

Project Bliss

These common cognitive biases are rampant and can easily skew your thinking. We’re all vulnerable to being misled and not thinking as clearly as we could – even when we think we’re behaving in our best interest. These cognitive biases can negatively affect our decision-making, critical thinking, and behavior, getting us stuck in ways that work against us.

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Reflection on the 5 Year Anniversary of the PTN Program

Scrum.org

As we head toward the five year anniversary of announcing the Scrum.org Global Professional Training Network (PTN) program I have been reflecting on the value that this group of partner organizations has brought to Scrum.org, the Professional Scrum Trainer community and most importantly the students who have taken Professional Scrum classes from these partners. .

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How to Create a Risk Management Plan | Video

Online PM Courses

Risk Management is a big topic. But at its core is your risk mitigation plan. How will you deal with a particular risk? The post How to Create a Risk Management Plan | Video 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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Getting to Know the Agile Pillars

Leading Agile

The term Agile Pillars is just another name for the four core values that were laid out in the Agile Manifesto. They were intended to guide teams as they navigate their work. The Agile Manifesto Pillars are: Individuals and Interactions over processes and tools. Working software over comprehensive documentation. Customer collaboration over contract negotiation.

Agile 139
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Supply chain scheduling

Musings on Project Management

What can I say here that you've not heard before?First: we are living in a time of scarcity, and so strategies for allocating scarcity come to the fore.Second, demand for the scarce drives price -- no news there -- but demand itself may color supply and thereby schedule. Supply will not be directly correlated with price. Why? Because supply is what is going to be allocated, and price in dollars.

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[VLOG] How To Run A Sprint Review. Properly | Scrum Guide 2020

Scrum.org

What is up awesome people? I hope you had a great week and delivering awesome products for your customers. So we have already learned how the Daily Scrum and Sprint Planning is commonly misunderstood. In today's vlog we will learn about Sprint Review. another Scrum events that has been widely misunderstood as a Demo or Showcasing or Acceptance Testing session.

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If it’s Not an Unambiguous Yes… [How to Avoid Disappointment] | Video

Online PM Courses

A simple thought from me today. It's something I often tell people in live training. If it's not an unambiguous yes. Treat it as a 'no'. The post If it’s Not an Unambiguous Yes… [How to Avoid Disappointment] | Video appeared first on OnlinePMCourses.

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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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12 Incredible Reasons You Should Get a SAFe® Agile Certification

Agilemania

Organizations small and large are always burdened with measures to change with turbulent times. For an organization to function effectively in a fast moving market, the existing structure must be analyzed and the flaws corrected. 46% of the organizations reported inconsistencies in practices and processes as their main challenge with agile transformation.

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Cultivating Adaptability and Resilience

International Institute for Learning

By Cyndi Synder Dionisio, Lead for the PMBOK ® Guide & President | Cynergy2. There is a principle in the PMBOK ® Guide – Seventh Edition about adaptability and resilience, and if there is anything the past 2 years has taught us, it is the need for adaptability and resilience. The principle states: “Build adaptability and resiliency into the organization’s and project team’s approaches to help the project accommodate change, recover from setbacks, and advance the work of the project.”.

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Product Owner, improvisación o adaptación

Scrum.org

La agilidad no ha parado de extenderse en los última década e incluso las organizaciones que miraban con recelo todo este movimiento están dando sus primeros pasos y viendo cómo pueden sumarse aumentando así su competitividad. ¿Cómo está conviviendo en estas compañías mentalidades tan diferentes? ¿Cómo están respondiendo los Product Owners a las necesidades?

SCRUM 214
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Gantt Chart vs. WBS: Choosing From Two Reliable Ways to Plan Your Project

GanttPRO Project Management

The world of project management contains many powerful tools, including various graphical diagrams and visual hierarchical structures. “Gantt chart vs. WBS” is an important topic that should not be ignored, […]. The post Gantt Chart vs. WBS: Choosing From Two Reliable Ways to Plan Your Project first appeared on GanttPRO.

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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.