2024

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What Is Kanban? Meaning, Definitions & Best Practices

ProjectManager.com

Kanban is all the rage in project management. In fact, kanban has grown so much in popularity, there are now countless project management tools to help people plan and prioritize tasks on kanban boards, which are visual panels with virtual cards that can be moved around by the user to arrange orders of tasks or to-do items. If you’re not familiar with this methodology, there’s a high chance you’re asking yourself “what is kanban” or “what does kanban mean?

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Project Management Job Titles: Understanding the Types of Roles in Project Management

Rebel’s Guide to PM

If you’re searching for a project management job, you’ve no doubt come across a range of different job titles. Which one should you go for? The ‘project manager’ job descriptions have a wide variety of roles and duties, which can make it hard to know what’s right for you. And therein lies the challenge. What ‘project manager’ means to one business will be slightly different to how another company uses the term.

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How Do I Measure Success as a Scrum Master?

Scrum.org

In my experience, understanding how we measure success as a Scrum Master can be challenging. And of course, it’s something Scrum Masters have a strong desire to understand. This is also what the trends show us from the thousands of people in over 100 countries who are using the free Scrum Master Improvement Self-Assessment. We have a survey item that specifically speaks to this question: how do I measure success as a Scrum Master?

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Agile Beyond IT: Lean Thinking

The IIL Blog

By Alan Zucker Agile is a mindset described by a set of values and principles. It traces its roots to Lean, which is also foundational to other modern management theories. Lean’s primary focus is delivering value quickly and eliminating waste. Toyota was a Lean pioneer. Out of necessity, it needed to be very efficient to compete. It dramatically decreased the cost of rework by building quality into every process step.

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Navigating the Future: Generative AI, Application Analytics, and Data

Generative AI is upending the way product developers & end-users alike are interacting with data. Despite the potential of AI, many are left with questions about the future of product development: How will AI impact my business and contribute to its success? What can product managers and developers expect in the future with the widespread adoption of AI?

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How to do customer acquisition the right way in 2024

Planio

You can build the best product in the world, but without a solid customer acquisition strategy (and the right team to pull it off), no one will ever use it. But customer acquisition isn’t just about getting users for your product — it can be life or death for your company as a whole. In the last five years, the average cost of acquiring a new customer has increased by a staggering 60%.

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More Trending

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What Makes Visual Planning So Great?

Ganttic

Enthusiasm is great. But a truly winning formula couples unbridled enthusiasm with a plan of action. And that’s where visual planning comes in. That’s because, as knowledgeable or as passionate as you may be about your industry, you can’t expect to see success if you’re flying blind. Until you come up with a plan, you and your employees will never be on the same page.

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The Bespoke Business Model: Developing Your Own Marketplace Platform

Binfire

In today’s digital age, the concept of custom marketplace development has revolutionized the way businesses operate and connect with consumers. These platforms act as intermediaries, facilitating transactions between buyers and sellers in various industries. From e-commerce giants like Amazon and eBay to niche platforms catering to specific services or products, marketplaces have become an integral part of the modern business landscape.

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Scope Creep: How to Prevent a Major Source of Project Failure

MPUG

Why do projects go wrong? One major reason is scope creep. Stakeholders keep adding work for the team, without providing the extra resources they need, or enough time to do it. In the end, something has to give, and sometimes that results in an obvious project failure. This is scope creep, and we need to stop it. What is Scope Creep? At some point early in the development of a project, we need to establish the scope of that project.

Defining 115
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Navigating the Human Element in Agile: A Deep Dive into Team Dynamics and Collaboration

NimbleWork

The Agile project management methodology encourages organizations to empower teams with clear responsibility and authority, so they can work together to autonomously develop ingenious and innovative solutions. From the workforce perspective, this requires trust between team members, cross-functional teams, business executives and stakeholders. It also requires a structured mechanism for collaboration and information sharing, a guiding framework that maps interdependencies between individuals and

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Understand Digital Debt, Form a Team, Set Goals, and Plan Roadmap for Transformation

Understanding digital debt is crucial before digital transformation. Assemble a team to assess internal operations, market pressures, and digital debt's impact. Define future digital vision with measurable goals. Refine hypotheses and conduct market analysis. Develop a roadmap for transformation with defined projects, cost estimates, and governance.

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Cumulative Cost and Budget Spreadsheet Tool

PM Times

As both a Project Management practitioner and a College Professor and University Instructor, I have found that there are very few simple-to-use templates for creating a time-based project schedule and budget. This package has a series of 4 Excel spreadsheets (but any standard spreadsheet program should also work) that allow a student or practitioner to […] The post Cumulative Cost and Budget Spreadsheet Tool appeared first on Project Management Articles, Webinars, Templates and Jobs.

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How to Prioritize Tasks With Personal Kanban Boards

ProjectManager.com

It’s Friday evening, 6:00 pm and you’re watching the clock while stuck in a meeting that feels like it’ll never end. Even worse, you have a bunch of tasks that haven’t been completed, invoices to file and reports to create. You’re so busy that in reality, you get nothing done. If this is your case, a personal kanban board could help you plan, schedule and track all these tasks so you can manage your workload without feeling overwhelmed.

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57 AI in Project Management Statistics

Rebel’s Guide to PM

We gathered 57 of the top AI in project management statistics to help understand this key development in technology. Recent advancements in tech have changed how project managers work in 2024. Using our 20 years of project management experience, we reviewed AI statistics and trends from trusted third parties, which forms the foundation for this list.

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“Cashing In” on Undone Work

Scrum.org

Velocity is a complementary practice many Scrum teams use to plan future work. Here’s how it works: A team selects a point system and decides that certain types of work are worth one point and other types of work may be worth different point values. Every Sprint, the team adds up points for each Product Backlog item (PBI) that meets the Definition of Done by the end of the Sprint.

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Strategic Project Finance Essentials: A Project Manager’s Guide to Financial Metrics

Speaker: Ketan Jahagirdar - Sopheon’s Director of Product Management

Empower yourself as a project manager with insights that directly influence the financial landscape and strategic direction of your organization! Join us for a deep dive into the world of financial strategy, as we dissect key metrics that drive CFOs and business leaders’ investment decisions. This session will equip you with the necessary tools to craft compelling business cases as well as a comprehensive understanding of the crucial distinction between capital expenditure and operational expend

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Unlocking ITIL4: Defining Value and Navigating Career Growth

The IIL Blog

By Sophie Hussey and Georgina Otubela What is ITI and how can it benefit your organisation and support your career development? In this article, we explore the foundational concepts of ITIL 4 and discuss how the ITIL framework has supported their career progression. Why ITIL and what’s in it for you? Regardless of whether you work in a technology function or the wider business, there are many learnings from the ITIL4 framework that can apply.

Defining 167
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Artificial Intelligence Tools: Top 5 Practical Project Management Applications

Online PM Courses

What can we use Artificial Intelligence for in Project Management? Are there any practical AI tools that can make our work easier? Yes. The post Artificial Intelligence Tools: Top 5 Practical Project Management Applications appeared first on OnlinePMCourses.

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Exploring the Benefits of an Agile Application Modernization Approach

Leading Agile

Suppose you are a leader at a company that developed an important application over an extended timeframe: 10, 20, or even 30+ years. Maybe this system is used internally as a critical part of operating your business. Perhaps it is sold to other companies. Unless you have been constantly refactoring and modernizing this asset over its history, problems begin to emerge: On-premises infrastructure costs are not competitive.

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Benefits Of The Strategy Canvas Tool For Strategic PM’s

The Strategic Project Manager

This post explains what the Strategy Canvas tool is, and how to create a basic Strategy Canvas. It then walks through several examples – generically and for two real companies. Finally, it details the use and benefits of the tool for practicing strategy and project management. What is the Strategy Canvas Tool? The Strategy Canvas tool is a management tool introduced by W.

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20 Common Mistakes Made by Inexperienced Project Managers

You’ve read the PMBOK® Guide several times, taken the certification exam for project managers, passed, and you are now a PMP®. So why do you keep making rookie mistakes? This whitepaper shows 20 of the most common mistakes that young or inexperienced project managers make, issues that can cost significant time and money. It's a good starting point for understanding how and why many PMs get themsleves into trouble, and provides guidance on the types of issues that PMs need to understand.

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What Is Online Fraud and Can Someone Go to Jail for It?

Binfire

If you live in a technologically developed country, you’ve likely experienced some form of digital-first fraud. This is no exaggeration. In today’s modern world, online fraud is everywhere, waiting to undermine the integrity of the internet and its users. As the world shifts more and more of its commerce onto the web, opportunistic criminals are taking advantage of the new opportunities fraud presents, thereby undermining the trust critical to any economic system.

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Leveraging AI in Project Management: 8 Areas for Impactful Predictions

MPUG

Understanding AI in Project Management Artificial intelligence (AI) is all the rave. Our organization has been using AI for more than a year. What we can say is that it is a mixed bag. You will be severely disappointed if you think AI will be a panacea for individual thinking and creativity. You may have seen Google’s Gemini AI in the news. The quality of AI depends on an algorithm and data sources, which are often unknown to those using the system.

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When and How to Use Hybrid Agile Project Management?

NimbleWork

Hybrid agile is a flexible approach that works in many situations and is best when there are elements of both iterative and predictive projects involved. But when is it the right time to start using a different project management approach? And how do you get started? In this article, we’ll start with a quick recap of what we mean when we talk about hybrid agile , and then share some tips on what we’ve learned about when it works and how to use it.

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The Rhinoceros In The Room (Risk Analysis and How to Tame Your “Unicorn”)

PM Times

Imagine going to the pet rescue organization in your town to get a new pet, and you look at several adorable dogs and cats, and then the staff person says, “Well, there’s one that we’re not sure we’re going to be able to find a home for. Would you like to see him?” You’re there […] The post The Rhinoceros In The Room (Risk Analysis and How to Tame Your “Unicorn”) appeared first on Project Management Articles, Webinars, Templates and Jobs.

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How to Stay Competitive in the Evolving State of Martech

Marketing technology is essential for B2B marketers to stay competitive in a rapidly changing digital landscape — and with 53% of marketers experiencing legacy technology issues and limitations, they’re researching innovations to expand and refine their technology stacks. To help practitioners keep up with the rapidly evolving martech landscape, this special report will discuss: How practitioners are integrating technologies and systems to encourage information-sharing between departments and pr

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Kanban vs. Scrum: What’s the Difference?

ProjectManager.com

Kanban and scrum are agile project management methodologies that can be used for similar purposes, but each has its unique pros and cons. As a project manager, it’s important to understand the difference between kanban and scrum so you can determine the best approach for your team. So, which is the best project management method if we compare kanban vs. scrum?

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Is the triple constraint in project management still relevant? (Spoiler: No!)

Rebel’s Guide to PM

Projects always have certain constraints – there may be an urgency to complete a project because of external market factors, for example; or there may have to be tightly controlled costs because of a fixed or limited budget. The project will also be expected to deliver on certain expectations including quality levels. What is the Triple Constraint? The most commonly used planning constraint method in project management was historically the “triple constraint” – time, cost and scope –

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Der unsichtbare Feind der Agilität: So deckst du ihn auf

Scrum.org

Kommen dir diese Situationen bekannt vor? Vor dem eigentlichen Sprint Planning im Team muss der Product Owner noch weitere Abstimmungsrunden mit anderen Teams drehen, damit die Arbeit für den Sprint geplant werden kann. Im Daily Scrum berichten die Entwickler, dass sie nicht weiterarbeiten können, da die Datenbankspezialistin nicht auf ihre Anfragen reagiert.

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Growing Your Project Management Career in 2024: Strategies for Success

The IIL Blog

By Ray W. Frohnhoefer In the ever-evolving landscape of project management, staying ahead of the curve is not just beneficial—it’s imperative. As we step into 2024, the dynamics of project management continue to shift, demanding professionals to be agile, skilled, and strategically focused. This is a guide to exploring key strategies for growing your project management career throughout the year.

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From Complexity to Clarity: Strategies for Effective Compliance and Security Measures

Speaker: Erika R. Bales, Esq.

When we talk about “compliance and security," most companies want to ensure that steps are being taken to protect what they value most – people, data, real or personal property, intellectual property, digital assets, or any other number of other things - and it’s more important than ever that safeguards are in place. Let’s step back and focus on the idea that no matter how complicated the compliance and security regime, it should be able to be distilled down to a checklist.