Every project decision discussion is an opportunity to demonstrate business acumen. Instead of simply explaining what decision was made, explain why it was made and what business value was protected, gained or put at risk.
The role of the project manager continues to evolve, and it’s hard to nail down exactly will be needed as time moves forward. But business acumen and sustainability are becoming essential parts of our occupational evolution.
With companies seeing lower-than-forecast returns on AI initiatives, we need to make sure we’re starting the right projects. Here’s how to keep your portfolio on track.
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Over the years business analysis has continued to grow at a rapid rate and is often seen as a critical leadership competency for Projects, Programs, and Portfolios. Business Analysis provides important value by reducing project costs and increasing the potential return, or benefits. This PMI virtual event will provide insights on just how critical of a role business analysis plays in the overall success of project while giving you the BA insights, resources, and tools you need for total project and career success.
If you perform business analysis, your work is vital to project and program success. To most effectively support your organization and advance in your career, you need to know how to apply BA to any situation and delivery method. The new PMI Guide to Business Analysis will help you achieve this! Get an exclusive preview, with in-depth insights, at the PMI Business Analysis Virtual Conference 2017.
Advance your BA skills! Don’t miss the most popular Business Analysis event of the year! We’re sharing career journeys and talking about the hottest BA and agile BA topics. Catch these sessions from the only event designed with your future in mind to help you get ahead.
Project managers already possess one of the most powerful leadership toolkits available — yet many underestimate its application beyond the project itself. This webinar explores how core PM principles including stakeholder management, risk planning, scope definition, and change management translate directly into personal leadership development and career advancement strategies.
The Agile Enterprise: From Good Intentions to Good Governance – Ethics in Volunteer Leadership” explores how agile ways of working can strengthen ethical behavior and governance in organizations that rely on volunteers. Agile Enterprises value adaptability, transparency, and collaboration, but these strengths only translate into real benefits when guided by ethical principles and clear accountability.
In today’s environment, even the most well-designed strategies and projects fail without one critical element: culture. This session reframes organizational culture from a “soft” concept to a core driver of execution, performance, and results.
The project financial analysis template calculates key metrics to determine the business case for a project. The template is an Excel file that can be used by a project manager, project sponsor or a relevant professional to determine if a project should be pursued.
Traditional, multi-page business cases often don’t work well. They contain too much subjective information, and the relevant details are lost in the “sales pitch.” This lightweight business case template is more in the spirit of a Lean Business Case than a traditional one, but is more likely to be accepted by leadership.
This template is for creating a process inventory and detailed process descriptions for the purpose of Business Analysis prior to IT project implementation. Processes are analyzed step by step in order to identify software functional requirements that are necessary to execute the process. A companion to the article The Role of Business Process Design in Business Analysis on IT Projects.
Whether you are a BA, a PM or have your feet in both camps, you'll want to check out this webinar. Not only will it broaden your vocabulary, but it will expand your perspective of the how BAs and PMs can and should relate to each other differently.
The aim of your business case is to gain organizational support and funding approval for an initiative by providing all necessary rationale for informed decision making. You as the sponsor must document the business case after satisfactory analysis has been conducted to understand business need, examine alternatives and conclude recommendations. Use this checklist as a reference in building a better business case.
Accountability is something that project managers and PMO leaders are very familiar with. But that doesn’t mean they always embrace it.
Business acumen is often framed as something that is possessed. It is described as something that you have, or you do not. Not only is this notion incomplete, but it is a dangerous one. It presents business acumen as a tangible something to be acquired, a checkbox to be attained, finite and specific.
Why do so many organizations remain focused primarily on traditional strategies and priorities? To gain a meaningful competitive advantage, businesses must seek to embrace a more diverse set of strategies—and execute on them consistently.
Compliance is too often treated as something to deal with later, as a final hurdle rather than a foundation. And that assumption is one of the most reliably costly mistakes a project manager can make.
Organizational stiffness slows down decisions, stops creativity, and makes it harder to adapt. Learn how agile project principles, cross-functional collaboration, and rituals for continuous improvement can help teams get their flexibility back.
Business acumen can feel abstract. We see it in job descriptions, but what does it actually look like? Here are seven easy ways to demonstrate business acumen every day.
Active listening and empathy won’t show up on your PMP certification. They won’t appear in a project charter or stakeholder matrix. But they are the difference between a project that delivers outputs and a project that creates lasting change.
Business acumen isn’t just something that executives or other higher-ups have—it’s a skill that project managers can access and exhibit on a regular basis and within each project, no matter the size of the endeavor or type of industry.
For many project managers, the need to develop business acumen is relatively new. It can also be intimidating. So what’s the best way to go about it?
Career paths for the IT project manager are evolving, with your job becoming more strategic and less traffic-based. Here’s how the change will happen. Let’s make sure you’re ahead of the game when it does…
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