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The difference between portfolio management and project management

Monday

Having smooth processes, accessible products or services, and a professional image sends the message that you know what you’re doing. This includes levels of managers and employees securing new projects and helping the business continually move forward. Portfolio management. Project management.

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Introduction to Participatory Budgeting in Lean Portfolio Management

Cprime

This is where Participatory Budgeting (PB) within Lean Portfolio Management (LPM) comes into play, offering a transformative approach to how organizations manage and allocate their resources. Distinct from traditional project-based funding methods, PB pivots the focus towards the broader concept of value streams.

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Prepare for risks with a RAID project management template

Monday

Have you ever been in the middle of a project just to face challenge after challenge? Unfortunately, too many challenges can make it nearly impossible to stay within budget and complete a project on time. What is a RAID project management template? What is a RAID project management template? Assumptions.

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Lean Portfolio Management Blog Series Part 4: Tooling

Cprime

In the previous articles in this series, we’ve discussed the dangers of “imitation” lean portfolio management (LPM) , the steps required to set up effective LPM in your organization, and the importance of connecting all levels of the organization, so there are no gaps in your data.

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24 project management statistics you don’t want to miss in 2021

Monday

Project management can often feel like trying to catch the wind. As a project manager, you keep up with ever-changing goals. You manage a team with tasks and priorities that are constantly shifting. Here at monday.com, we’ve put together a breath of fresh air for you: hard project management statistics.

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Still don’t have a PMO (project management office)? Here’s why you should…

Monday

The term “PMO” (Project Management Office) has become pretty mainstream lately. In this 10-minute read, we’ll walk you through everything you need to know about project management offices and whether you should start your own. It guides project managers and helps them make better decisions. Image Source ).

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Who Is a Scrum Master (and How Do I Become One)?

Agilemania

Scrum is a collaborative and iterative framework for managing complex projects that can be challenging to execute given its fast-paced nature and frequent changes in requirements Scrum emphasizes teamwork, accountability and iterative progress toward a well-defined goal. A Comprehensive Comparison of Scrum Master vs. Project Manager.