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Risk response strategies are the basic ways to handle project risks. This article examines all the risk strategies, what they mean, and when to use them. The post Risk Response Strategies: Full & Revised Roundup appeared first on OnlinePMCourses.
The recent article “ Can We Still be Agile? ” examined two successful organizations that many years ago deliberately chose an all-remote workforce structure. Most of us have recently experienced unplanned and quickly implemented trials of all-remote work, so let’s examine the advantages and disadvantages when planned for and optimized. All-remote organizations have no central hub(s) for workers.
Plan for project risks with this risk register template for Excel. Define risk priority and the potential impact for each. Risk is going to happen, but with this free risk tracking template handy, you can prepare for it and have a response already thought out and in place. Download Your Free Excel Risk Register Template: Why You Need a Risk Register Template.
Speaker: Andrew Skoog, Founder of MachinistX & President of Hexis Representatives
Manufacturing is evolving, and the right technology can empower—not replace—your workforce. Smart automation and AI-driven software are revolutionizing decision-making, optimizing processes, and improving efficiency. But how do you implement these tools with confidence and ensure they complement human expertise rather than override it? Join industry expert Andrew Skoog as he explores how manufacturers can leverage automation to enhance operations, streamline workflows, and make smarter, data-dri
We had an online meet-up on this topic yesterday, and I felt we were a little off track as there was a large group of participants, so the discussion went in multiple directions. I think this happens with a large group of people and different levels of experience. To ensure that the objective gets fulfilled, I summarize here five dos… The post 5 dos and don’ts during the Sprint Planning appeared first on Agilemania.
The existing situation with COVID-19 has jolted everyone into realizing that enterprises have to be nimble and have the agility to adjust to sudden changes. Many organizations have adopted Agile methodology, but not many have scaled it to an enterprise-level - where Agile is applied from ideation to strategic planning and execution.
The existing situation with COVID-19 has jolted everyone into realizing that enterprises have to be nimble and have the agility to adjust to sudden changes. Many organizations have adopted Agile methodology, but not many have scaled it to an enterprise-level - where Agile is applied from ideation to strategic planning and execution.
Mike was a functional project manager in an organization where I managed a PMO. He was winsome and a hard worker. But his projects were trending in the wrong direction and his manager was not happy with Mike's performance. In a one-on-one meeting, I asked Mike how he was identifying, analyzing, and managing his risks. His response revealed his belief in risk management but a lack of actual application with his teams.
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.
Traditional vs. agile project management. The discussion about the right method has divided the industry. The answer to this question is usually a list of the differences, followed by the note: It always depends on the specific project. Your project determines the project management method and not the other way around. The key question is therefore: Which method fits your specific project?
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.
When COVID-19 decided to lay claims to 2020, every organization on the planet was impacted. As we search for the light at the end of the tunnel (and hope it is not an oncoming train), we are all faced with the question, “what now?” I am sure many of us during this pandemic have felt […]. The post Putting 2020 in the Rearview Mirror appeared first on Delivering a better world, one project at a time.
It would be an understatement to say that project managers have had to deal with a lot of change this year. Projects have had their budgets vastly reduced or been cancelled outright, and remote work has become the norm rather than the exception. We are still far from the end of the pandemic, but in those areas where they have successfully flattened their first waves, some companies are starting to encourage their staff to return to the office.
The following article is the first of four in a series on ‘Project Business’ and is authored by Daniel Bévort. I have long commented on, and grumbled about if I am honest, that most project conversations talk about internal projects and not external, client facing, business oriented projects – both of which are important but with the latter representing most of my personal career experience.
Define counter-party: In a transactional relationship, the other party to -- or participating in -- the transaction is your counter-party. In project situations, there are usually many counter-party transactional arrangements, such as contractors and suppliers with transactional relationships. And within the business there may be transactional relationships among business units and the PMO.
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.
Construction projects are notoriously difficult, and they’re known for encountering delays. They involve a lot of moving parts, teams, equipment and materials. If any discipline needs a well-thought-out schedule, it’s construction project management. Tools that are embedded in construction project management software , such as Gantt charts and resource management, are key features to control the many phases of a construction product.
Projects are made up of a large number of tasks, and keeping track of those tasks is a primary role of a project manager. Sometimes, the tasks in a project all run smoothly and independently of each other, and there are no complexities. Other times, however, there will be a large chain of dependent tasks that make things more complicated. What happens if a task needs to be completed today, but the person responsible for it is waiting on another task that hasn’t been completed yet?
There’s never enough time when managing a project. That’s why we make schedules—to try and control time, just enough to get your deliverable by the deadline. But even the best laid plans tend to go awry, to paraphrase the poem. Project managers don’t have the luxury to quote poems to stakeholders when going off track. Changes in a project are common, but it’s the project manager’s responsibility to make sure that those changes don’t produce a negative impact on the project schedule.
Do you need a timeline maker for project communications or to create executive briefings? In this review of Office Timeline Pro, I’ll share the pros and cons of the PowerPoint plugin. Summary. Product: Office Timeline. Pricing: A one-year licence for the Pro version costs $99. The Plus version is only $59. Hosting model: The ‘main’ version is a Windows plugin, but there is a cloud version which lets you run Office Timeline for Mac systems in the browser.
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?
If something bad is going to happen on a project, it’s likely related to time, cost or scope. Project managers are well aware of this and spend much of their time planning in order to avoid negative risk and its potential impact. There are many tools that can mitigate risk in a project, but it also takes skill in something called project controls. Like the name implies, project controls are about controlling the project and keeping it from exceeding budgets and deadlines.
When managing a project, one is required to make a lot of key decisions. There is always something that needs executing, and often that something is critical to the success of the venture. Because of the high stakes, good managers don’t just make decisions based on gut instinct. They prefer to minimize risk to the best of their ability and act only when there is more certainty than uncertainty.
I decided to be a project manager. Admittedly, it wasn’t until I started working that I knew such a job existed, but when I realised I did, I knew it was for me. However, even though I thought I knew what I was letting myself in for there were still some things I didn’t know about being a project manager before throwing myself into the job. Here are 6 things I learned about being a project manager – things I didn’t know back in 2000 when I started out. 1.
This is a guest article by Jane Courtnell of Process Street. January 2020, I was in a minority. By March, I was joined by the majority of workers transitioning into a work-from-home lifestyle. The COVID pandemic had only perpetuated an already present trend. Since 2005, the number of WFH employees had grown by 173%. By 2028, it is estimated that 73% of all departments will have remote workers.
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.
Is your re-certification cycle coming to an end for your PMI certificate? Do you need to quickly get your PDU total up to the minimum so you can stay certified? You’re in the right place! Read on for tips for how to earn PDUs fast. PDUs are the Professional Development Units you need to earn to show that you are invested in continuous improvement and ongoing learning.
Are you looking for a robust workforce planning, resource management and portfolio management tool? In this review of Saviom, I’ll share the pros and cons of this tool. Summary. Product: Saviom. Pricing: Pricing is determined by the number of licenses you need as well as your specific product requirements, so they provide quotes only on request. There are 3 different types of licenses depending on how much system access users need.
We surveyed 220 project managers to better understand what it’s like to work in project delivery. In this original research, we share some brand new project management statistics. You’ll learn: What delivery approach is the most common How many project managers have considered leaving the profession Why the top career goal for project managers is not what experienced professionals want How many projects a project manager runs How many people in an average project team What keeps project managers
It’s a cliché to say that nothing is constant except for change, but the adage certainly applies to anyone who has ever managed a project. Sometimes stakeholders want something different from what they had requested during initiation. Teams get sick. Weather gets in the way. Supply chains break. The possibilities are as dire as they are endless. But not all change is equal in a project.
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.
Most projects don’t deliver their original scope: 54% of projects fail to deliver the agreed-upon functionality. One of the reasons for that is scope creep – and that’s what this article is all about. What is scope creep? Scope creep in project management is where additional requirements are added to the project, beyond what was originally agreed and these additions are not formally authorized.
If you are like many Project Management Professional ( PMP )® certification holders, you might be finding it hard to source enough quality learning materials for your Leadership PDUs. Panic no more, I have all the details you need below. In this article we’ll look at what Leadership PDUs are and how many you need, and what activities count towards your PDU total in the Leadership category.
“I am convinced that stakeholders must always impact upon the way we manage our projects,” writes Louise M. Worsley in Stakeholder-led Project Management: Changing the Way We Manage Projects. “I hope I can convince you.”. I’m probably the ideal audience for this book: I don’t need convincing. I wrote a book about stakeholder engagement too. She goes on: Stakeholder management is not a series of steps to be gone through, but a perspective that when fathomed and its implications understood, always
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