Thinking Portfolio has published a second course, this time focusing on Risk Portfolio Management, on the eAcademy learning platform. eAcademy has previously published the Practical Project Portfolio Management course focusing on Project Portfolio Management.
The role of artificial intelligence (AI) and automation in business is rapidly increasing, prompting the question: When will AI replace the traditional project manager? While the human role and intelligence are irreplaceable, it's essential to objectively examine the situation and identify six factors where AI has already demonstrated superiority over traditional project managers. Data Analysis and Prediction: AI can process massive amounts of data and identify meaningful patterns and trends. It can provide accurate ...
In the pursuit of efficient project management, the principles of Kaizen offer invaluable insights to eliminate waste and optimize processes. As a CxO, ensuring that resources are used judiciously is paramount, and Kaizen can guide you toward that goal. In this blog, we'll delve into five crucial tips inspired by Kaizen principles to ensure that there is no waste in your project work. Identify and Define Value: Kaizen begins with understanding what adds value to ...
Unveiling the Power of Kaizen in Elevating Your Risk Management Efforts Risk management isn't just about identifying and mitigating potential pitfalls; it's also about nurturing a culture of resilience and constant improvement. Embracing the principles of Kaizen in your risk management process can be a game-changer. By implementing Key Performance Indicators (KPIs) inspired by Kaizen, you not only ensure effective risk management but also foster a dynamic environment of continuous growth. In this blog, we'll ...
Nurturing Growth by Letting Go - A Guide to Applying Kaizen Principles for Project Prioritization In the ever-evolving landscape of project management, making tough decisions becomes an inevitable part of the journey. Just as Kaizen encourages us to enhance processes, it also empowers us to gracefully let go of projects that no longer align with our goals. In this blog, we will explore six compassionate ways to use Kaizen methods to prioritize projects that deserve ...
In the intricate tapestry of project management, understanding the nuances that signal a need for reconsideration is paramount. Here are 10 elegantly nuanced signs that signify a project may warrant a pause for thoughtful reassessment: Subdued Stakeholder Engagement: When the fervor and engagement of key stakeholders wane, it may signify a misalignment between project aspirations and their evolving expectations. Diminishing Resource Vitality: As the vitality of essential resources ebbs—be it finances, human capital, or technological ...
In the fast-paced realm of project management, over-resourcing can lead to wastage of valuable assets and hinder project success. Employing advanced strategies to prevent over-resourcing is essential for optimizing project efficiency and ensuring resource utilization. Here are 10 world-class tips to help you avoid over-resourcing projects: Thorough Project Planning: Begin with a comprehensive project plan that outlines the scope, milestones, and resource requirements. Clearly define roles, responsibilities, and resource needs for each project phase to ...
Thinking Portfolio summer poem about good project portfolio management where people are enthusiastic and management is passionate In the realm of projects, a story unfolds, Of passion and enthusiasm, where success takes hold. Good project portfolio management, a guiding star, Where people are inspired, and management sets the bar. A symphony of talents, in harmony they sway, United by a vision, working as one each day. Enthusiasm ignites, like a spark in the night, ...
Project managers could learn many valuable lessons about leadership from Formula 1 drivers.
Project management plays a crucial role in the success of any endeavor, whether it's a personal project or a large-scale organizational initiative. By adopting effective project management habits, you can significantly enhance your productivity, streamline processes, and achieve your project goals with greater efficiency. In this blog post, we will explore ten life-changing project management habits that can transform the way you approach and execute projects, leading to increased productivity and successful outcomes. 10 Project ...
It has been generally stated that the organisation knows what should be done to achieve the strategic goals. Executing the organisation’s strategy is seen as one of the biggest challenges.
In many cases, experiments are perceived as a confusing and time-consuming operating model or even an inability of management to make decisions. This may be the truth – if experiments are used without prioritization and organizations start "just experimenting" without ever thinking about what they are trying to achieve, and after a while without stopping to think about whether they are on the right track. For me, experimentation is a disciplined and goal-oriented way ...
The HUB platform is constantly reflected in Thinking Portfolio's communications, and no wonder - in 2022, around 50% of our clients' portfolios had already been migrated to the new HUB platform. The HUB platform delivers significant benefits in portfolio management and efficiency, whether it's a single portfolio or a multi-portfolio environment.
Free and open for everyone. The presentation will be held in English. Participate in our demo and experience how more than 400.000+ users in over 50 countries improve their business with Thinking Portfolio SaaS Service every day.
The sustainability landscape for companies is evolving from simply a reporting and reputational focus into a comprehensive and truly impactful area that is embedded throughout the organization. An approach like this will require considering sustainability in all business areas, (also in the field of project management.)