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6 Current Trends in Project Management [2024]: What to Prepare for?

Epicflow

This is confirmed by the recent PMI Pulse of the Profession report — they’ve found that companies that give particular importance to soft skills (or how they call them “power skills”) achieve better project outcomes and have higher levels of project management maturity and organizational agility [3]. References Harrin, E.

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Impact of Data Analytics in Consulting

Tom Spencer

“Data scientists, fast computers, and advanced software are replacing traditional decision-making processes and disrupting tried-and trusted traditional consulting methodologies, with Big Data being one of the main forces of disruption” ( Tras, 2015 ). This can significantly cut time in the market and improve quality. References.

Data 106
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How Avaya Turned Around Its Customer Ratings

Harvard Business

In 2011 Avaya had a major likability problem, and the according market performance you would expect. For reference, an NPS of +50 is considered very good. Embrace Agile Methods for Responding to Customers. The key to this transformation was an innovation approach common in the software industry: agile invention methodology.

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How to Tame Uncertainty of Research and Development: Tips on Managing R&D Projects

Epicflow

Will the developed product satisfy customers and be relevant in the market? Schedule a consultation with our experts to learn how Epicflow can help you deal with uncertainty and changes, achieve the desired business outcomes, and grow profitability. References A Guide to the Phase-Gate Process in Project Management.

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A Tool for Balancing Your Company’s Digital Investments

Harvard Business

The portfolio tool can be used as a common frame of reference in management discussions about a number of areas. Because of the uncertainty over outcomes (and customer reaction), what is to be built, and the cost of change, investments in the top two quadrants are more suited to agile approaches (such as scrum) for software development.

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Fighting Uncertainty in Organizations, Including Matrix Ones

Epicflow

The problem is that the intended outcomes and commitments to the market might be negatively affected, harming the reputation of the organization. But combine that with a minor delay in raw material delivery and throw in a sudden but not surprising market fluctuation, and you have a perfect storm. Adaptive planning becomes crucial here.