5 Tips to Simplify Project Risk Management
Traxidy
OCTOBER 3, 2022
2022
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How to do Rolling Wave Planning
Rebel’s Guide to PM
APRIL 2, 2022
Rolling wave planning, also known as progressive elaboration, is an iterative planning technique to use when it’s difficult (or pointless) to schedule too far ahead. The APM Planning, Scheduling, Monitoring and Control Guide (2015) defines rolling wave planning as ‘the planning density that is achieved at different moments in time. Primarily more detailed planning in the immediate future and less detailed planning towards the end of the project.’.
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How to Manage Project Uncertainty Better
Project Risk Coach
JUNE 6, 2022
Do you want to be the Sherlock Holmes of project management? Let’s look at three ways to manage project uncertainty better. We find these aspects of uncertainty in the PMBOK® Guide, Seventh Edition – ambiguity, complexity, and volatility. Project managers walk into the unknown with each new project. You may be unsure about numerous factors including but not limited to: User requirements Team dynamics External events such as natural disasters or new political policies Changes in market conditions
Project Sponsors are the Key to Unlocking the Potential of Sustainable Project Management
Green Project Management
OCTOBER 12, 2022
In recent months, there has been an uptick in interest in sustainable project management. In 2022, GPM has seen a 20% increase in downloads of our P5 Standard for sustainable project management. GPM training, both in person and online, is growing in popularity, as evident in the growth of certification numbers this year. Additionally, the […].
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?
How to Analyze Risk in Project Management?
nTask
JUNE 8, 2022
Life is a series of unexpected events, however having a plan can save you from catastrophe. The rule is applicable to all lines of work including project management. Having a risk management plan is crucial for the successful initiatives of any business or project venture. Risk assessment has never been more vital than it is […].
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How do you breakdown your work?
Kiron Bondale
MAY 15, 2022
The PMBOK® Guide, Seventh Edition defines a Work Breakdown Structure (WBS) as a “ hierarchical decomposition of the total scope of work to be carried out by the project team to accomplish the project objectives and create the required deliverables “ While this definition provides a good understanding of what a WBS is, it doesn’t provide guidance on how to organize the structure of a WBS.
Program Manager vs. Project Manager: What’s the Difference?
ProjectManager.com
JUNE 24, 2022
Project manager vs. program manager. The two roles often differ in their day-to-day tasks and the overarching approach to their role. Program managers are more strategic in their thinking and deliverables, while the project manager is often working on day-to-day task management on a more cellular level. But before we compare the roles of a program manager and a project manager in-depth, we must first understand the difference between a project and a program.
What is Integrated Project Management? Plus Proven Tips for Success
Workamajig
JANUARY 2, 2022
This post was originally published on February 26, 2016, and was updated with new information on January 3, 2022. There are multiple project management methods that can be used to ensure a project’s specific objectives are delivered on time and on budget. To select the most effective project management strategy for your business, you need to know what each methodology involves and how they differ from one another.
Task Dependencies in Project Management: Best Practices
Ganttic
APRIL 8, 2022
According to the Project Management Body of Knowledge (PMBOK) , all tasks should have a dependency. That’s because, in project management, all tasks are related. And by not indicating task order and relationships, you can inadvertently put your project schedule in harm’s way. How so? Well, unclear directives, a lack of focus, and an unrealistic schedule are all main drivers of project failure.
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.
The 9 Biggest Project Management Trends in 2022
Inloox
JANUARY 5, 2022
Content. Remote work & leadership. Bigger focus on soft skills. Professionalization of project management & increasing demand for project managers. Agile is here to stay. Value and principle-based perspective. AI, machine learning & automation. Cloud as the standard. Lifelong learning & knowledge management. Sustainability & social responsibility. 1.
Balancing project sponsor and project manager conflicts
Musings on Project Management
JANUARY 30, 2022
If you follow this blog you've read several references to the project balance sheet. So, is this about accounting? Yes, and no: Yes, it's about a double entry tool to keep track of "mine" and "yours", but no, it's not the accountant's tool used in your father's accounting office. Take a look at this figure: What have we got here? First, the business and the project; but.
What’s The Future of Project Management in 2023 and beyond?
Rebel’s Guide to PM
OCTOBER 29, 2022
What is the future of project management? Let’s look ahead and see what the next 10 years will bring for project management software, jobs, and the role itself. Does Project Management Have a Future? There’s a trend towards more and more knowledge work being run in a projectized way, which means more and more people doing project management as part of their day job.
PMOs Shifting from Watchdogs to Strategic Enablers
Project Risk Coach
FEBRUARY 7, 2022
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.
15 Modern Use Cases for Enterprise Business Intelligence
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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?
The Risk of Inaction (ROI)
Green Project Management
FEBRUARY 5, 2022
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 […].
A Quick Guide to Project Charters: Definition, Steps & Key Elements
ProjectManager.com
FEBRUARY 3, 2022
Projects need approval before they can be executed. A project charter is a project planning document that sells the project to stakeholders and sponsors. If you’re able to show its viability and return on investment, the work will get the green light to move forward. But there are a lot of elements to any successful project charter. If you’re new to project management , a project charter template can set you up to make sure you’re hitting all the major points.
10 Strategies for Successful Project Execution
ProjectManager.com
MAY 19, 2022
Is your organization failing to close the gaps between strategy and project execution? Fortunately, there are strategies ( and tools! ) you can use to help you close those gaps, yet it isn’t easy. And you’re not alone in this challenge. Let’s review strategies and tools you can use, and learn how they can help you close that gap to promote successful project execution.
The Triple Constraint in Project Management: Time, Scope & Cost
ProjectManager.com
JANUARY 17, 2022
The triple constraint of project management has been given many names – the Project Management Triangle, Iron Triangle, and Project Triangle – which should give you an idea of how important the Triple Constraint is when managing a project. If you’re managing a project, then you’re working with the Triple Constraint. Therefore, it can be easily argued that the Triple Constraint might be the single most important concept in the history of project management.
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.
What Is a Stakeholder? Definitions, Types & Examples
ProjectManager.com
MARCH 9, 2022
Stakeholders are important to every project. They are impacted by the project, be they investor or customer. But what is a stakeholder? There’s more than one answer to that question. Let’s take some time to define what a stakeholder is, examples of stakeholders and free stakeholder templates that can help with stakeholder management. What Is a Stakeholder?
Project Management Trends [2022]
Rebel’s Guide to PM
JANUARY 24, 2022
There’s no denying that project management today looks different to how it did even 5 years ago. Project management trends shape our profession. We see technology evolving, new tools, consolidation, innovation and more. Trends come and go, or they stay with us and evolve into new ways of working that stick around and become “the way we do things around here.”.
How Culture Can Impact Communication in the Workplace
Rebel’s Guide to PM
DECEMBER 17, 2022
It’s no secret that culture can have a big impact on communication. Just think about how much harder it is to communicate with someone from a different country who doesn’t speak your language. But culture can affect communication even when everyone speaks the same language. Different cultures have different ways of communicating, and if you’re not aware of these differences, it can lead to misunderstanding and conflict.
3 Career Benefits of Project Management
Rebel’s Guide to PM
AUGUST 2, 2022
Earlier this year, searches for “project management” reached an all-time high on Google , and these searches are widespread, reaching the far corners of the globe. With many workers seeking flexible work arrangements , opportunities for advancement, and a greater sense of purpose, project management is a more popular and attractive career path than ever.
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.
Best 12 Project Management Certifications (2022)
ProjectManager.com
OCTOBER 6, 2022
There are several project management certifications that you can get to become a project management professional. To determine which one is best for you, you’ll need to think about things such as your project management skills, the career path you want to choose or your desired project management methodology specialization. Choosing the right certification and training program for your project management career is an important decision.
PMI Membership for Professionals and Students: Is it Worth It?
Rebel’s Guide to PM
NOVEMBER 15, 2022
So you’re considering joining PMI® as a member or a student member? There are many benefits to joining, but there are also some things to be aware of. In this article, I’ll outline the benefits, considerations, and common questions I get from potential members so you can make the right decision for your career. When I run project management rooms on Clubhouse or open my DMs for questions on Facebook or LinkedIn, one of the most common questions is: What certificate should I get?
Top 10 Books on Change Management (2023 edition)
Rebel’s Guide to PM
OCTOBER 1, 2022
Change management is so important for making sure that the change you deliver is embedded in the organization. In other words, if you want people to use what you create — or to shift their ways of working to the new standards and processes you implement — then you have to help them through the transition. Here’s my list of top change management books for leaders.
5 Ways To Use Visual Project Management
Rebel’s Guide to PM
JUNE 6, 2022
Visual project management is simply using graphics, pictures, graphs and charts to display project information. People with a visual preference for capturing information have always doodled or mindmapped their To Do lists, whereas those with a preference for creating lists opt for an ordered list of tasks. The idea of ‘preferences’ seems a bit old-fashioned now, but you can probably recognize your own preference.
Navigating Chaos in Project Management
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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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