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Gold plating in project management refers to adding unnecessary features or functionalities to a project beyond its original requirements. It is often done with good intentions, such as exceeding customer expectations or ensuring a high-quality end product. However, gold plating can have negative consequences, including increased costs, extended timelines, and decreased project efficiency.
Do you face challenges securing specialized skills for your projects in advance? Is your organization experiencing frequent unplanned employee attrition? Are you finding it hard to identify suitable candidates for critical positions? If your answer is “yes” to the above questions, it’s high time to develop strategies to mitigate these resource-related risks.
Perhaps the most common question in risk management, if not in project management is this one:"What's the worst case that can happen?"Don't ask me that!Why not?Because I don't know, and I'd only be guessing if I answered.So what questions can you answer about the future case?
We recently completed a web-based application that uses a unique algorithm to match professionals with new career opportunities. As part of the onboarding process, the app asks both job seekers and employers what they’re looking for - in a text box - while providing a few suggestions in a pop-up. If you’ve ever used a similar application, (or if you’ve ever used the Internet at all) you’ve probably seen this approach before.
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.
It’s well known that effective communication is one of the most critical skills to project management success. Project managers spend the majority of their time communicating. As they advance in their careers, PMs will find themselves communicating with a special kind of stakeholder; the executive! Let me tell you how NOT to communicate with an exec using an experience I had as an example.
As a business student, you’ll want to know what roles are open to you in the world of work. Fortunately, this is a course of study where there are lots of different options available after you graduate. From upskilling to become a lawyer, to working in human resources or executive management, this degree gives you […] The post How a business degree can help you access project management roles appeared first on Tactical Project Management.
As a business student, you’ll want to know what roles are open to you in the world of work. Fortunately, this is a course of study where there are lots of different options available after you graduate. From upskilling to become a lawyer, to working in human resources or executive management, this degree gives you […] The post How a business degree can help you access project management roles appeared first on Tactical Project Management.
Why should you choose a project management career? It is an excellent choice, and here are 13 good reasons why you should. The post Why Project Management? 13 Great Reasons to Go for a PM Career appeared first on OnlinePMCourses.
An agile backlash is underway. Some organizations have declared victory, fired their agile staff, and moved on. Others are agile in name only or are “doing” agile but have not fundamentally changed the way they work. We should not blame Agile for bad Agile. The problem is not with the values, principles, and practices. Instead, it is with organizations and their approach to agility.
There are four types of construction projects: commercial construction, industrial construction, infrastructure construction and residential construction. Residential construction might be the easiest for laypeople to understand as most of us live in these types of structures. But do we really know what residential construction is? Before we get into the management of a residential construction project, we’ll explore the meaning of residential construction and examples of the two major types of
Effective project management is the backbone of successful businesses and initiatives. However, even the most seasoned project managers can find themselves entangled in the web of common pitfalls that hinder progress, derail timelines, and threaten project success. In this blog post, we’ll explore the top project management pitfalls and discuss strategies to steer clear of them.
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?
If you are like many project professionals, you have likely worked with artificial intelligence (AI) in some capacity. In our annual global survey , one in five (21 percent) respondents say they are using AI always or often in project management. Whether you’re already comfortable leveraging AI for projects, or you’re completely new to AI, one thing is certain: the rise of ChatGPT and other commercial generative AI has greatly accelerated AI’s workplace infiltration.
In the world of Agile practices, where adaptability and effectiveness reign supreme, two terms often pop up: Right Sizing and Same Sizing. What does “Same Sizing” even mean? Is it possible to eliminate variability as implied by “Same Sizing”? These seemingly similar concepts can make a significant difference in your Agile journey. Understanding these terms is crucial for effective backlog management and sprint planning if you're a product manager or product owner.
Manufacturers make things, and how much they make is determined by demand and the supply of raw materials. But who makes the decision on the quantity of output and how that information is delivered is processed through what’s called a production order. First, let’s define what a production order is and why it’s so important to the manufacturing process.
By Harold Kerzner, Ph.D. November 15, 2023 All management disciplines, project management included, contain words and expressions that have meanings susceptible to change over time. Some expressions, such as the work breakdown structure (WBS) and statement of work (SOW) have undergone very few changes. On the other hand, the term “project value” has had multiple interpretations based upon the type of project, when in the project life cycle the term is used, and who is using the term.
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.
Philip Crosby is credited with the idea that "Quality is Free", and he made some money on the book by the same title. still available from e-book sellers.When I first heard that phrase -- around the time Crosby's book came out -- my thought was: If so, what is that line item in my budgeted WBS for quality planning and QC? It's not $0 for sure. So how is "quality free".
Embraced across industries, Agile frameworks offer a flexible approach for delivering complex products. At the heart of successful Agile implementation lies a delicate equilibrium between autonomy and guidance - a balance that Agile leaders must master. This article explores the art of Agile leadership, delving into the challenges of finding the right equilibrium between allowing teams to self-organize and providing enough guidance and structure for seamless Agile execution.
When someone makes a request in the information technology (IT) world, whatever that might be, there’s a process involved to fulfill that request. This is called a service request and controlling that process is called service request management. Of course, there’s more to it than that. We’ll explain in more detail what service request management is and what a service request is, including examples to make it clearer.
In the rapidly evolving world of IT, we frequently hear about vulnerable data being stolen and disseminated from renowned organisations, or businesses reporting disruptive attacks such as Distributed Denial of Service (DDoS) assaults that bring their operations to a halt. While some of these disruptions may stem from a small bug that was not captured […] The post The Convergence of Security and Project Management appeared first on Project Management Articles, Webinars, Templates and Jobs.
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?
With the onset of the pandemic, both organizations and professionals were forced to rethink how people worked. This became a pivotal point that drew attention to the many perks of remote work models. For businesses, remote arrangements help access a wider talent pool, reduce employee costs, and minimize staff turnover and absenteeism-related risks. Employees, on the other hand, get to enjoy improved job satisfaction, greater flexibility and freedom, and better work-life balance.
Join the Mastering Agility Discord community! This article continues from the Product Wall introduction article. These series are co-written with Ryan Brook based on our upcoming book. You can download our free Product Wall Mural template here. Now we have covered the general overview of the entire Product Wall, we break it down piece by piece. In this article, we explain the Roadmap section.
A service level agreement, often abbreviated as SLA, is used in IT and professional services to define what a vendor is expected to do. It’s part of the contract between any technology vendor and sets up what will be levied upon them if the agreement isn’t upheld. First, let’s explore the definition of an SLA in greater detail, including the different types of service agreements and why they’re so important.
Goal-setting is one of the most vital topics for organizations. After all, how can you achieve your objectives if you don’t know what they are? How do you expect to motivate your workforce and create alignment if you don’t have shared goals to pursue as a team? When it comes to goal-setting in organizations, an approach that stood the test of time is the OKR framework.
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!
Paying taxes can be a difficult undertaking for a freelance event photographer. You are not required to have your income withheld by your employer for taxes because the IRS views you as self-employed. Consequently, it is your duty to pay your taxes as well as estimated quarterly taxes and to compute your self-employment tax correctly each year. You can optimize your tax savings even though it can seem overwhelming if you have access to the right tools and information.
Estimating what can be delivered in a single Sprint is a question that stumps many Scrum teams. We start with a simple premise: the Scrum Guide, a compass for many, surprisingly, doesn't mention 'estimates' but talks about 'size'. I'll take you through the nuances of understanding the size of work and how it contrasts with traditional estimation. As we delve deeper, the narrative becomes more complex, akin to navigating a labyrinth.
The year ahead is pointing to fresh challenges in work efficiency and our new work management platform, Wrike Lightspeed, can unlock peak productivity. To help you get even more out of Wrike, we created Collaborate, our conference for modern work efficiency, to help improve your insight into modern work management challenges and learn how individuals, teams, and organizations like yours leverage Wrike to increase efficiency.
CSM vs PSM: Certified Scrum Master and Professional Scrum Master are the most widely known scrum certifications. How do they compare? The post CSM vs PSM: What are they and How do they Compare? appeared first on OnlinePMCourses.
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.
In the data business, backup and redundancy is paramount. And there is a saying: ‘If you only have one copy, you have no copies.’ My approach to Project Management has a similar philosophy: ‘If you only have one tool, you have no tools.’ I like a big selection of tools to call upon for any Project Management job I may want to take on.
TL; DR: Overcoming Common Product Backlog Management Traps w/ David Pereira How teams manage their Product Backlog often makes or breaks their value creation chances. Poor backlog management leads to a feature factory trap, while a mindful strategy enables the team to drive value steadily. During the 54th Hands-on Agile meetup, David Pereira shared tried and tested practices to avoid the feature factory fate. ?
Culture eats strategy for breakfast was a quote from the legendary management consultant and author Peter Drucker. If that’s true, then what does it mean when there are competing views on culture? What type of culture gets to eat strategy for breakfast? Who gets to decide and why do we have to choose? In this podcast, Mike and Dave sit down to discuss how your personality type influences the way you see and value culture, and the implications that can have on your business.
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