How can you optimize project portfolio selection? The key question is how to select a “right” mix of projects aligned with company resources and strategic goals, and maximize portfolio value. The most popular techniques are described and an example illustrates the advantages of optimization modeling as the most effective and accurate technique for portfolio selection.
The concept of a “sprint commitment” was removed from the official Scrum Guide years ago, and for good reason. The very nature of agile is to adapt to new information or ideas, and the act of committing to something that may be invalid days or even hours later is counter to that approach.
This case study summarizes a two-year journey, highlighting the challenges, opportunities, failures, successes and achievements during the implementation of an integrated information management system.
The mechanics of project management are increasingly becoming automated, reducing the need for project managers to complete many tasks that were previously common. Does that mean project managers aren’t needed?
Intending to transform the established life insurance business of a leading insurer is a multi-dimensional challenge. It is also a story of the level of adaptability, perseverance and collaboration. In this case study of a leading Swiss insurance Company, the author shares the insights gained from the four-year journey as the company prepares for implementation.
Question: With the new emphasis on strategic and business skills for project managers, I know I should do some more concrete analysis of project success. But the projects I do are non-typical, and the “success” is more difficult to measure than number of units sold or even the profit margin. How can I calculate value in a more intangible environment?
Project management has evolved in the last few years, but not all elements have evolved at the same rate. The next generation of PMs will challenge that.
To stay certified, you’ll need to participate in professional development activities, and earn and report professional development units (PDUs). Did you know that PMI members who hold more than one credential can count the same PDUs toward the renewal of multiple credentials?
For the role of a business analyst to survive, it ought to be transformed in focusing on data, strategy, innovation and value versus only requirements management. The purpose of this article is to unpack what the transformed business analyst role should embody in this digital upheaval.
by Teresa Lawrence, PhD, PMP, CSM, Roger Firestien, PhD
Brainstorming is a recognized idea-generating tool and it certainly has a home in project management. The more ideas you generate, the greater your chances are of coming up with good ideas. Follow these guidelines for a productive brainstorming session.