This article draws on well-known, basic project management concepts to introduce the high-level project management concepts of defined and empirical process control. It also attempts to contrast them and suggest how they might be used by PMPs in practice.
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This paper aims to share a strategic perspective on capital allocation and how leveraging this capability, in collaboration with the corporate transformation office or project management office and corporate finance, portfolio managers can successfully steer organizations in pursuing value creation and maximizing shareholder value.
Many organizations are migrating their data center infrastructure to the cloud. And given the ubiquitous nature of cloud computing, they like the idea of hiring people who have some idea of what it is. For PM professionals, training or even a certification in cloud computing can be a rewarding career path.
Due to the COVID-19 pandemic, a majority of the quality audits of the hydro-mechanical equipment supplier on one of the largest hydropower projects in Canada were conducted by remote interactions. Follow the guidelines developed for this project to expand remote auditing techniques across your projects and industries.
Key Transparency Index (KTI) of a Project Manager—A First Step Toward Designing a Mathematical Formulaby
Transparency is a key indicator that can lead to early identification of problems, quicker solutions and timely closure of a project. Is it possible to create a simple mathematical formula to set the bar high when you evaluate a project manager’s transparency?
Learn how the Innovation Scorecard method can be used to examine “ways of working” and how to improve them, and then measure the level of success of the changes, in this case study of a continuous integration project at a software development company.
Storytelling is one of the most ancient art forms of human expression. Not only is it a means for sharing experiences, but also for communicating ideas that have the potential to move people, unite communities, and bring positive change. The purpose of this article is to share the science behind storytelling that anyone can learn.
There is one project activity that is overdue for some consideration. It is often overlooked, usually rushed, seldom done well, and yet it has a unique potential for realizing value. It is the forgotten activity—closing. Employ this checklist as a useful tool for maximizing the value of closing a project.
The Innovation Scorecard is put to the test in a live working environment to bring theory and practice together. In the second part of this series, read about the positive feedback from project managers and how they were able to generate new ideas more quickly and realize cost savings and efficiencies.
New product introduction is an organization’s future. Along with a well-tailored product development process, successful introduction of new products must be integrated with project management practices. This article unfolds potential areas of integration.
Disciplined Agile Delivery (DAD) offers a comprehensive, knowledge-based approach to delivering agile projects that are operating in complex technical and enterprise environments. This case study shows how a retrospective analysis of a real-life project that was delivered for one of the UK’s largest retail banks uncovered real potential for process improvements.
How to Measure the Success of Innovation in Projects and Other Work Environments (Part 1): Introductionby
The Innovation Scorecard concept is a way of continually measuring how successful an innovation has been. Read the introduction to this series to learn why this is particularly applicable in project environments where there is an expectation of achieving more with fewer resources.
The next generation of PMOs must adapt to meet the challenges of complexity and transformation. Adopting a new mindset and reconfiguring your PMO to make it lighter and more agile can help your organization expand its capabilities and provide significant benefits.
La próxima generación de PMO debe adaptarse para enfrentar los desafíos de complejidad y transformación. Adoptar una nueva mentalidad y reconfigurar su PMO para hacerla más liviana y ágil puede ayudar a su organización a expandir sus capacidades y brindar beneficios significativos.
Choosing from agile versus traditional project approaches does not have to be a “black-or-white decision.” Hybrid approaches can help realize the benefits and set off the disadvantages of both agile and traditional approaches, particularly in complex environments.
What are the must-have tools and techniques for project managers in 2021, and which deserve an honorable mention? This checklist will help you choose the tools and techniques to apply to your organization and industry to stay on the cutting edge.
Regulatory impact assessment (RIA) is widely adopted as a global practice when developing new legislation and regulation. The RIA is all about what should happen. Project management is all about what does happen. Understanding RIA can benefit project managers who are enlisted to successfully realize the RIA recommendations.
Dealing With Conflicts in Projects: Viewpoint of Different Stakeholders During Product Conception Engineeringby
How can one deal with delays on the approval of engineering documents in projects? Stressing the need to balance expectations between suppliers and customers, the author explains the triggers that lead to divergences on deliveries and a method to reduce the occurrence of comments having low relevance in engineering documents.
Implementing large-scale IT/telecom projects in hardship locations is tough enough. With COVID-19, we need to implement new best practices in real time. Learn how to protect the health and safety of team members and address the new challenges and complexities presented by hardship locations.
Em qualquer esforço de transformação, entende-se que a resistência à mudança é o verdadeiro inimigo. Aprenda como o kit de ferramentas Disciplined Agile ™ (DA) pode dar suporte a iniciativas ágeis e de transformação digital, otimizando processos de maneira sensível ao contexto e ajudando você a escolher seu WoW (maneira de trabalhar).
In any transformation effort, it is understood that resistance to change is the real enemy. Learn how the Disciplined Agile™ (DA) tool kit can support agile and digital transformation initiatives by optimizing processes in a context-sensitive manner and helping you choose your WoW (way of working).
When project management and corporate governance join forces, organizations can boost efficiency and maximize growth opportunities. A fully engaged IT project management office will assist senior managers in the prioritization of the best ROI and strategic projects and make certain that IT projects deliver what’s expected.
Leading with Humanity: Project Manager as Project Leader in the Age of Artificial Intelligence Disruptionby
What skills will be most necessary for project managers to thrive in a world that is being transformed by automation and artificial intelligence? Project managers must employ power skills, such as empathy, effective communication and emotional intelligence, in addition to technical knowledge, to become project leaders and turn ideas into reality.
What can we learn from the ever changing but closely woven network of nature? Taking the opportunity while sheltering at home, the author spent some time watching nature programs and found there were many lessons that could be applied to project management.
Being agile means being adaptable. Now, more than ever, a project manager must be ready and willing to move and shift focus at the slightest opportunity. Agile is not just a mindset to be used exclusively when managing projects or “working”; being agile trains the mind to adjust to change with a minimum amount of resistance.
We can’t always do it all ourselves. Choosing the right vendor is critical to your project’s success. Ensuring your goals are aligned, conducting deep due diligence, and creating a win-win scenario will get you there. This article looks at approaches to help you gather accurate information about your vendor and their capabilities.
Project management relies heavily on teams, and teams need to communicate and share project information and techniques. With virtual teams and remote sessions increasingly becoming the norm, it is essential for project managers to be adept at leading virtual sessions. These techniques will provide the foundation for a great virtual session.
In order to manage innovation to meet global challenges, organizations should implement an approach that joins together the management of individual projects, integrates them to the organizational project perspective for delivery and governance, and aligns them to the organizational strategy.
Developing an authentic personality, through tapping into positive values or ethics, enables us to be true to ourselves and sincere in our interactions with others. Authenticity helps to gradually build trust and collaboration with our stakeholders and provide a sustainable contribution to organizations.