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Benchmarking

Wiki

Benchmarking determines where the enterprise is in relation to performing activities with "best-of-breed" or world-class companies. It measures the performance or the degree of success that has been realized in comparison to other companies for a given activity, value stream, or other factors of interest. These measures then become the basis for analysis and redesign.

Amortization

Wiki

Intangible assets, like many produced in the IT world (patents, inventions, a business process or system that offers competitive advantage), contribute to future revenues. Therefore, they can be expensed over time as those revenues occur.

Baseline Budget

Wiki

A baseline budget is the estimate of project costs that you start with at the beginning of your project. When you talk about being "under budget", this is what you are comparing your actual performance to. Sometimes when there is a significant change in scope, the project can be ...

Getting the Most from Generative AI with Prompt Engineering Skills

presentation
by Edivandro Conforto, Olalla Garcia Perez, Nathan Rischling, Yuliya Zhevno, Rupal Bhandari

Prompt engineering skills are critical for project professionals to get the most effective results from Generative AI (GenAI) tools. This webinar will cover how to build good prompting skills and how to apply them to your projects.

Artificial Intelligence and Project Management: Empirical Overview, State of the Art, and Guidelines for Future Research

by Ralf Müller, Daniel Nicholls, TEMISAN SAGAY, Giorgio Locatelli, vered holzmann
April 22, 2024 | 60:14 | Views: 12,257 | PDUs: 1.00 | Rating: 4.53 / 5

Desk rejections of artificial intelligence (AI)–related submissions to the Project Management Journal® (PMJ) are high. This webinar will provide an overview and state-of-the-art snapshot on academic and practitioner work to derive at potential future research topics and guidelines on the execution and reporting of AI-related studies in project management.

How to Keep Stakeholders Engaged

by Bart Gerardi

Engaging stakeholders does not simply mean finding out what they want, and attempting to deliver it. Stakeholder groups often have conflicting requirements and desires, and there is no way to give everyone what they want, all of the time.

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