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Embracing Positive Risk: A Path to Innovation

Scrum.org

We often think of risk as a negative force, something to be avoided or mitigated. If you ask most middle managers what their main job is, a majority will reflect that they manage the flow of work to their people and manage the risks of the work. We might prioritize rigid processes over flexibility or discourage experimentation.

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Balancing Operational Excellence with Innovation

Scrum.org

How many people struggle with juggling Business as usual (BAU) operations as well as delivering products to customers and well as investing in innovation? I have found that using metrics such as Innovation index are a good way to see the balance in an organization between operational excellence and innovation.

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Pilot Project: Meaning, Benefits and Example

ProjectManager.com

These projects are conducted on a small scale to minimize risks and costs, and this test phase is used to evaluate the effectiveness of an idea before full deployment. Its a learning opportunity, which helps identify issues, gather data and make improvements, as well as mitigate risks by detecting failures early.

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CM at Risk (CMAR): Pros & Cons of Construction Management at Risk Delivery Method

ProjectManager.com

Construction management at risk, also known as CM at Risk or CMAR, is a construction management approach that’s been gaining popularity. But that doesn’t mean CM at risk is right for you as there are pros and cons to this innovative approach. What Is Construction Management at Risk? Pros of CM at Risk.

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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

Fortunately, digital tools now offer valuable insights to help mitigate these risks. In today’s construction market, owners, construction managers, and contractors must navigate increasing challenges, from cost management to project delays. That’s where data-driven construction comes in.

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7 Ways Project Manager Roles Are Changing

ProjectManager.com

Data-Driven Decision Making While project managers have always applied data to their decision-making, the more accurate, real-time insights and tools that have become available are influencing them with increased objectivity, proactive risk identification and predictive analytics.

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How to Manage a Cross-Functional Team: Tools and Strategies

ProjectManager.com

Usually, a cross-functional team is created to spark innovation, break bureaucratic boundaries and reduce production cycle times by granting a more collaborative environment. This creative approach can lead to innovation, which can be a substantial market advantage over the competition. What Is a Cross Functional Team?