thin.KJ.et

Project management is an art of solutions. You have a…Read More »

The post What Is Scrumban? How It Differs from Scrum & Kanban appeared first on ProjectManager.com.
http://dlvr.it/S6hQSG

Correani, Alessia, et al. acknowledge that, “a growing number of companies have adopted a digital transformation strategy, i.e., a strategy leveraging digital technologies to transform how they create and appropriate value” (Correani, Alessia, et al., 2020). Ivančić, Vukšić, & Spremić state that, “digital transformation can be comprehended as a continuous process of climbing the scale of digital maturity by employing digital and other technologies along with organizational practices to create a digital culture. Ultimately, this maturity will enable the company to provide better services, gain competitive advantage, and effectively respond to actions in a complex environment” (Ivančić, Vukšić, & Spremić, 2019).  Digital technologies have radically transformed project management, as well: they have fostered changes in methodologies such as agile project management approaches, and transformed the way project teams interact and communicate. Read Ambadapudi Sridhara Murthy’s article at the link below, then return here to comment on how your organization has integrated digital transformation into project management.

We know the world is moving through a rapid digital transformation phase wherein various organizations, companies, industries, institutions, and governments are transforming their processes, infrastructure, applications, software products, design, testing, customer management, and other elements into a more robust, automatic and sophisticated foundation to keep themselves business and customer-focused, progress faster with cutting-edge technology and […]

The post The influence of efficient projects, skilled project managers and quality reporting on Digital Transformation appeared first on Project Management Articles, Webinars, Templates and Jobs.
http://dlvr.it/S6gFxC

Correani, Alessia, et al. “Implementing a digital strategy: Learning from the experience of three digital transformation projects.” California Management Review 62.4 (2020): 37-56.

Ivančić, L., Vukšić, V. B., & Spremić, M. (2019). Mastering the digital transformation process: business practices and lessons learned. Technology Innovation Management Review, 9(2).

Because many decisions in a supply chain must be taken prior to the point in time when the customer demand becomes known, Kilger and Wagner emphasize the importance of Demand Planning – or, “the process of forecasting future customer demand” (Kilger, Wagner, 2008). Read William Malsam’s post about demand planning at the link below – then return and describe your framework for demand planning in the comment section of this article.

Businesses are constantly pulled between supply and demand. But this seemingly simple concept can be difficult to navigate effectively.

How do you meet demand and not overstock your inventory? That’s where a process called demand planning comes in. It’s a way to boost profits and keep overhead costs down.

What Is Demand Planning?

Demand planning is a cross-functional process that businesses use to meet customer demand while avoiding supply chain or inventory management disruptions. Demand planning is not a one-time process but rather is practiced continuously to respond to the market. This is accomplished by analyzing a company’s sales, customer trends, historical sales and seasonal data.

You must use both internal and external research to determine the demand forecast for your product. Demand can be impacted by labor force changes, economic shifts, severe weather, natural disasters, global crises and more. It’s not easy to estimate demand, but the more factors you consider, the more accurate your demand forecasting will be.

Once that is done, you can adjust sales and production planning to manufacture just the amount needed. Ideally, you’ll have sufficient inventory to meet your customer’s needs without a surplus. That’s beneficial for your business’ supply chain management and inventory management.

…Read More »

The post What Is Demand Planning? Tips, Strategies and Tools appeared first on ProjectManager.com.
http://dlvr.it/S6Sckg

Kilger C., Wagner M. (2008) Demand Planning. In: Stadtler H., Kilger C. (eds) Supply Chain Management and Advanced Planning. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-540-74512-9_8

Marketing can feel more like an art than a science….Read More »

The post What Is Marketing Management? An Essential Introduction appeared first on ProjectManager.com.
http://dlvr.it/S6KSnJ

Gartner defines digital dexterity as the “cognitive ability and social practice needed to leverage and employ various types of media, information and technology for advantage in unique and highly innovative ways that optimize personal and business value” (Gartner, 2015).

Read Mahendra Gupta’s article at the link below, then return and comment on how your Organization addresses thefast-moving world of technological innovation…

User adaptation is one of the major hurdles faced by the digital workplace today. As the work and the workplace continue to adopt and adapt new technologies available, employee usability lags. Sure, some organizations adapt faster than others, but for the long haul, digital dexterity helps organizations to acclimatize faster amid disruption and digital transformation. […]

The post Why do businesses need digital dexterity now more than ever? appeared first on Project Management Articles, Webinars, Templates and Jobs.
http://dlvr.it/S6JPcN

Gartner (2015) Defining Digital Dexterity – the Core Workforce Resource for the Digital Business.

It can feel like the tasks never stop when you’re…Read More »

The post What Is a Punch List? Checklist & Items Included appeared first on ProjectManager.com.
http://dlvr.it/S6FpcQ

KeyedIn is an established PPM software provider that is designed to help PMOs get to the next level of PPM maturity. They do this through software products combined with services offerings that configure to user needs. Rich in functionality in all the critical PPM components – portfolio management, resource planning, project management, dashboards and analytics, […]

The post 5 Reasons KeyedIn is the PPM Software of Choice for Strategic PMOs appeared first on Project Management Articles, Webinars, Templates and Jobs.
http://dlvr.it/S6DnmY

According to Koppensteiner, “using Agile within project management has become very trendy, but is not necessary fully understood. As more and more organizations claim to become Agile, little has been said or published about what Agile means for project management tools” (Koppensteiner, 2009). Follow the link below to read Peter Landau’s exploration of the agile project planning, then return and share your experiences with the agile methodology in the comments section.

While agile is relatively new, it has made a big splash in the work of project management. It started in software development, but has since been adopted by other industries that have seen the benefit of agile’s iterative approach.

Those that use an agile project management framework don’t like to consider it a methodology, though some argue it is. Agile is more of an approach, and could almost be defined as a philosophy. Today we’re going to sidestep the philosophical, though, and instead focus on agile planning in project management, and specifically, creating an agile project plan.

What Is Agile Project Management?

The agile methodology is iterative, adaptive approach to managing a project that has an emphasis on rapid change and flexibility. The reason for this flexibility is to deliver value to the customer faster. A team practicing agile works incrementally, continuously evaluates the requirements and results, and responds quickly to any changes that come up.

…Read More »

The post What is Agile Project Planning? An Introduction for Beginners appeared first on ProjectManager.com.
http://dlvr.it/S61xFw

Koppensteiner, S. & Udo, N. (2009). An agile guide to the planning processes. Paper presented at PMI® Global Congress 2009—EMEA, Amsterdam, North Holland, The Netherlands. Newtown Square, PA: Project Management Institute.

Work Management software solutions are comprehensive tools for managing projects enterprise-wide. While Megan Keup’s post essentially becomes a commercial for the ProjectManager solution, there are, in my opinion, plenty of superior options available. These include Wrike, Workfront, Monday.com, and a tool we’ve recently adopted: Proofhub. Read Megan’s post at the link below, and then return and comment on your favorite solutions…

Work management software ties information, business processes and human resources and allows everything to work in sync. The little shortcuts add up to big savings, and companies both large and small are looking to adopt. But which one is right for you?

Let’s look at the work management tools and see how they do what they do. We hope this list will help you decide which software is best for you and your organization!

2021 Best Work Management Software Rankings

Let’s take a look at some of the best work management software available today.

…Read More »

The post Best Work Management Software of 2021 for Teams appeared first on ProjectManager.com.
http://dlvr.it/S5z1Ls

Project management is everywhere—the term is experiencing a moment. People have come to realize that the discipline of project management offers proven methodologies and tools to get their jobs done more productively and efficiently.

In fact, project management is such a broad topic that it integrates other management ideas and applies them. One such idea is the theory of constraints. While the theory of constraints is typically used in manufacturing, it can be helpful in controlling most any project.

What Is the Theory of Constraints?

Basically, the theory of constraints says that a number of constraints prevents any management or manufacturing system from achieving more of its goals. There is always at least one constraint or limiting factor that creates a bottleneck, and the theory of constraints uses five focusing steps to identify that constraint and then improve it so that it isn’t a bottleneck anymore.

…Read More »

The post Theory of Constraints: A Guide for Project Managers appeared first on ProjectManager.com.
http://dlvr.it/S5vZxd