Sat.Nov 23, 2024 - Fri.Nov 29, 2024

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10 Causes of Project Cost Overruns And How to Solve Them

Scoro

As Wellingtone’s annual “State of Project Management” report notes, project cost overruns are a near-universal pain point—only 34% of respondents said they “mostly or always complete projects on budget.” And even though overspending is common and frustrating, it’s mostly preventable (we know that no plan is 100% perfect). The first step is to determine why your budgets are getting derailed in the first place.So, let’s look at the most common causes of project cost overruns.

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How to build an Agile workflow (for any type of project)

Wrike

When you take an Agile approach to your projects, workflows are key to managing your backlog, responding to issues, and providing quality control. Unlike traditional workflows — which can sometimes resemble flowcharts in their simplicity — an Agile workflow is cyclical and designed to cope when your requirements change mid-project. There are plenty of posts out there on Agile project management generally (including Wrike’s Agile Guide ).

Agile 36
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How Project Management Tools Can Improve Business Performance in 2025

Epicflow Blog

No one would argue that high-performing business is the goal of every executive leader. However, with present-day high competition and ever-evolving requirements, this can be easier said than done. What steps will lead your company to become a high-performing organization? And what is the role of project management tools in achieving this goal? Read the article to find out.

2025 97
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Stress free Project Management and Emotional Intelligence with James Louttit

PM for the Masses

In this episode James Louttit and I discuss his delightful book, Leading Impactful Teams, focusing on low-stress project management. The conversation covers emotional intelligence, practical techniques like prioritization, and risk management strategies. You'll also learn actionable tips for navigating uncertainty and improving team dynamics. Check it out!

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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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Is Product Management Certification Worth It?

ProductSide

For current and aspiring product managers, the question comes up time and again: Is product management certification worth the investment? At Productside, we care deeply about helping product professionals grow in their careers. That’s why we conducted a survey of 200 product managers across industries like finance, healthcare, and tech to better understand the value.

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Managing Multiple Projects: Statistics

Rebel’s Guide to PM

What are the key challenges when working on multiple projects simultaneously? How do you prioritize work when everything is important? I asked 570 project managers these questions (and more) to find out what life is like in 2024 for project managers leading multiple projects, to follow on from my research on the same topic in 2022. In this article, we’ll dive into my 2024 research results and you’ll learn: The 3 challenges that project managers struggle with The key skills required for managing

2024 289
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Stepping Into Scrum

Scrum.org

Starting with Scrum can feel overwhelming. It’s a framework with defined events, accountabilities, and artifacts that might seem rigid or even intimidating at first glance. But here’s the truth: it’s okay not to get everything perfect on day one. The real magic of Scrum unfolds as you practice and improve over time. Start with the Basics When you’re new to Scrum, the best approach is to commit to the framework fully.

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Sinking or sunk?

Musings on Project Management

Let's keep the basics in front of us:Projects are transformative processes packaged togetherInputs (cash, people, buildings and tools, overhead like training) are transformed into deliverables that don't remotely look and feel like the inputsDeliverables are much more valuable than the sum of the inputsToo often, the focus of the 'business' is on the inputs being consumed, like cash-flow and

Process 150
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Best Salesforce Project Management Tools

ProjectManager.com

Salesforce is primarily a customer relationship management (CRM) tool, not project management software. That said, third-party apps are available through Salesforce’s AppExchange, its marketplace for apps. However, these tend to be lightweight tools that aren’t comprehensive project management software and they’re also expensive. Let’s look critically at Salesforce, its Salesforce AppExchange and the pros and cons of using the third-party add-ons they have listed there.

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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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Black Friday Training Bundle 2024

Rebel’s Guide to PM

Happy Black Friday! Years ago, BF wasn't a thing in the UK and now we have BF weeks. so to get in on the action I have a promotion for you. I'm often asked when I'm teaching so-and-so course again, and the truth is that I now have so many classes that at one a month, you could be waiting a while before I get inspired to deliver that training again. But the good news is that they are all recorded and available as virtual, self-paced training, and this year you can catch up on anything you've miss

2024 320
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Mehr Transparenz im Product-Backlog: 5 Methoden für eine reibungslose Stakeholder-Kommunikation

Scrum.org

Ein radikaler Ratschlag zum Product-Backlog-Management lautet: Definiere ein Ziel für das Produkt. Lösche alle Einträge, die nichts damit zu tun haben. Beschränke die Anzahl der verbleibenden Einträge auf 30. So wird das Product-Backlog transparent. Diesen Ratschlag höre ich oft von agilen Coaches. Er verkörpert das Wesen eines effektiven Product-Backlogs: eine kurze Liste von Funktionen, die das Erreichen des nächsten Ziels versprechen.

SCRUM 158
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DevOps for Unlocking Better Project Management: Lessons from The Phoenix Project

Inloox

Rarely have I enjoyed reading a book that was recommended to me by a colleague from the IT department with the words: You can learn something from this. Honestly, whenever I’ve been told that I could learn something from an IT guy it was to do with code that has zero application in my job, let alone makes my downtime in the evenings more pleasant. But there is a first in everything and here is mine when it comes to book recommendations from an IT guy: The Phoenix Project: A Novel about IT, DevOp

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The Hidden Power of Emotional Intelligence and Psychological Safety in Project Success

The IIL Blog

By Jacqueline E Dennis, PgMP, PMP ABSTRACT Years ago, I heard it said that if any one of us is the same as another then one of us is unnecessary; I’ve never forgotten it. However, despite acknowledging our differences, there are three things that we all have in common: 1. We are emotional beings; 2. We desire to belong to something, someone or both; 3.

2005 78
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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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Decentralized Finance: Key Insights for Businesses

Binfire

Many long-sighted businesses, particularly those with an interest in fintech developments, are keen to explore ways to incorporate decentralized finance (DeFi) tools and systems into their operations. This technology offers an innovative approach to financial transactions and services, and successful integration is said to herald transparency, efficiency, and reduced reliance on traditional financial intermediaries—all of which can benefit modern businesses.

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Why Product Vision Matters?

Scrum.org

The Product Vision outlines what you aim for, inspires and aligns the team toward a common direction, and provides a sense of purpose. It serves as a foundation for all product-related decisions. 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 Vision is the cornerstone of any successful product development process, providing direction, motivation, and a framework for decision-making.

2024 179
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14 Upgrades to Make Your Vacation Rental Stand Out This Winter

Lodgify

Every season has its charms, whenever your vacation rental’s peak season is. While we tend to think of summer as the best time for vacations, winter is also quite popular, whether for Christmas , Thanksgiving , or just a cozy weekend at a cabin. To capitalize on these winter trips, you just need to show your guests that your rental is the ideal place.

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Expectations and Preparation

The IIL Blog

By Georgina Otubela As we step into an era where technological evolution continues at breakneck speed, the role of IT support is more essential now than ever before. However, with the emergence of AI and other innovative technologies we are seeing a dramatic shift in how digital services are delivered, secured, and optimised. As always, there is a persistent requirement for IT support and service delivery teams to be proactive, highly adaptive, and focused on continual improvement.

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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.

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Customers Are More Than Customers

Binfire

The concept of customer has drastically evolved. Businesses no longer view clients simply as transactions, instead, they have become invaluable partners, brand advocates, and collaborators in shaping the future of a company. This blog will look at cultivating relationships that go beyond the standard business-customer dynamic by emphasizing how much value each client can bring.

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Scrum and Complex Problems: Why Planning Isn’t Enough

Scrum.org

From the Scrum Guide: “Scrum is a lightweight framework … for complex problems.” We often hear that Scrum is designed for ‘complex problems,’ but what does that actually mean? And why does complexity matter so much in the way we work? What is a complex problem? The Cambridge Dictionary defines ‘complex’ as “involving a lot of different but related parts,” and ‘problem’ as “a difficulty; a matter about which it is difficult to decide what to do.

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Lodgify Lowdown (Nov ’24): Airbnb Q3 Results & Global Legislation Spotlight

Lodgify

Happy Thanksgiving and Black Friday to those who celebrate! As you spend the long weekend with family or scan the internet for the best deals, don’t forget to set aside a few minutes to get up to speed on the latest industry news. This month, the top headlines include Airbnb’s Q3 financial results, an expanded Airbnb arbitrage program in the U.K., and Journey’s new vacation rental rewards program.

2025 52
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Coming – ready or not! PMAAS – Helping IT projects win at the game of talent hide and seek!

Project Accelerator News

Over three quarters (76%) of those looking to fill IT roles report difficulty in doing so. It is like a frustrating game of hide and seek. To be fair, if it’s any consolation, it isn’t just IT! A survey by Manpower Group suggests that worldwide, across all industry sectors and company sizes, the average declaring difficulties finding talent is about 75%, and in the UK it’s even higher – 80%.

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The Ultimate Guide To Data-Driven Construction: Optimize Projects, Reduce Risks, & Boost Innovation

Speaker: Donna Laquidara-Carr, PhD, LEED AP, Industry Insights Research Director at Dodge Construction Network

In today’s construction market, owners, construction managers, and contractors must navigate increasing challenges, from cost management to project delays. Fortunately, digital tools now offer valuable insights to help mitigate these risks. However, the sheer volume of tools and the complexity of leveraging their data effectively can be daunting. That’s where data-driven construction comes in.

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Crafting the Ultimate Digital Nomad Lifestyle: Tips, Tools, and Techniques

Binfire

Introduction to the Digital Nomad Lifestyle The digital nomad lifestyle is a captivating blend of work and exploration that more people embrace. This modern way of living allows individuals to live out of a suitcase, traveling from place to place while maintaining their professional obligations. With technological advancements and increasing job flexibility, the appeal of being a digital nomad has never been greater.

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Transparency and Autonomy: Two Sides of the Same Coin

Scrum.org

In the fast-paced world of Agile, teams constantly strive for autonomy—the ability to make decisions, execute tasks, and deliver value without unnecessary oversight. But with great autonomy comes the need for trust, built on one of Scrum’s core pillars: transparency. Transparency and autonomy are interconnected. When we talk about transparency in Scrum, we’re talking about clarity—making work visible, progress trackable, and challenges open for all to see.

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Scrum at Scale: Product Backlog, CIPSA Sprint Backlog and Team Sprint Backlog with MS Project Agile

MPUG

Even with many Scaled Agile frameworks, a number of courses on scaling Scrum teams, and many experienced professionals getting certified year after year, when I ask Scaled Agile practitioners to differentiate between the backlogs at a higher level to the lower team level and how it’s done, they fail. They can’t demonstrate. And I’ve asked many.

SCRUM 52
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Is Waterfall Project Management the Best Choice for Structured Product Development?

NimbleWork

Waterfall project management is a linear methodology, meaning that each project is broken down into clear, sequential phases. Unlike Agile , which is iterative and flexible, Waterfall focuses on completing each phase before moving to the next, providing a predictable and controlled environment. The focus is on meticulous planning and documentation, which ensures that all requirements are thoroughly understood and addressed upfront.

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How To Align Product Management And Supply Chain Operations For Successful Product Launches

Speaker: Shalini Dinesh

Effective cross-functional collaboration and communication heavily influence product launch success. Research shows that as many as 70% of product launches fail due to inadequate coordination among stakeholders, including supply chain, product management, legal, marketing, and change control teams (Gartner, 2022). The 2023 Supply Chain Insights Report highlights that 60% of supply chain disruptions are caused by poor communication and misalignment among cross-functional teams.