
5 Minutes Podcast with Ricardo Vargas
777 episodes — Page 5 of 16
The Disturbing Results of Gallup State of the Global Workforce Report 2022
In this week's episode, Ricardo talks about the Gallup - State of the Global Workspace 2022 report. This report is the result of an interview with people around the world and shows the level of stress, motivation, and engagement of people working in companies. According to the report, 60% of people interviewed consider themselves disconnected from work. And to make matters worse, 19% are actively disengaged. 79% of people are unhappy with their work. A frightening number. Ricardo also talks about the book he just released with Harold Kerzner and Al Zeitoun: Project Management Next Generation: The Pillars for Organizational Excellence. The book has several cases from companies worldwide, showing good project management practices. Listen to this week's #5minpodcast to learn more.
Evaluating 5 Applications of AI in Project Management based on Impact and Complexity to Implement
In this week's episode, Ricardo talks about the potential applications of artificial intelligence in projects and compares the different impacts and implementation complexity of each of them. He comments that a project that is self-managed in all dimensions by Artificial Intelligence will have a tremendous impact on both the people involved in the project and the project itself. However, the complexity of deploying artificial intelligence mechanisms of this magnitude is extraordinarily high and unlikely in the short or medium-term horizon. AI seeks to identify patterns and learn from those patterns or rules. In the example of games like chess or Go, there is a closed system, and the rules do not change throughout the game, making learning possible. However, behavioral issues such as trading and risks involve a much more complex and unpredictable scenario, where the machine has difficulty interpreting and recognizing patterns. Ricardo talks about five items where artificial intelligence can be used for projects and assesses the complexity and impact of each one. Listen to this week's #5minpodcast to learn about the five applications of artificial intelligence and assess the complexity of implementing each one and its impact on projects.
Using Zoom In and Zoom Out to Master your Leadership Skills
In this week's episode, Ricardo talks about "Zoom In" and "Zoom Out" in projects, that is, how different perspectives on a problem can dramatically change our ability to solve it. Making an analogy with a photo, when we use Zoom in, we can see in more detail a small part of that photo. This Zoom In helps us understand "surgically" when in a crisis scenario. However, in some situations, Zoom In makes us lose context, leaving us overwhelmed with the level of detail. When we use Zoom Out, we get the big picture, and we get to see the context; we get the Big Picture. However, if we use Zoom Out all the time, we miss a detail, which in many situations is important. Ricardo suggests that you see the article by Rosabeth Kanter from Harvard Business School about the subject. Listen to this week's #5minpodcast to learn more. #ProjectManagement #Leadership #crisis
My 5 Tips for a Great Daily Scrum
In this week's episode, Ricardo talks about the Daily Scrum, the daily Scrum meeting. Ricardo gives five tips that can increase the effectiveness of the process, including aspects related to duration, format, and even the sequence of topics to be addressed. Spoiler: It is possible to use many Daily Scrum features in project meetings that use other approaches! Listen to this week's #5minpodcast to learn more.
Don’t Be Trapped by the Easy Certification Route
In this week's episode, Ricardo addresses the pitfalls of the "easy" route to certification. He explains that we often want to find a shortcut to achieving our goals, such as getting a professional certification. However, the certification may apply to your CV or LinkedIn profile. Now, if it is not accompanied by understanding, it is worth little and survives even less. We have many course options that promise a 2-day training to pass certification or get your money back. With all the respect for the options of each one, this type, of course, teaches how to pass the test but does not teach the hard task of leading projects. And what matters to the customer, to your company and to you, is not the credential after the name. It is the project delivering the value that was promised. Ricardo makes an analogy between certification and a driving license. You can do a driving school and pass the test because you were lucky or even because you trained so much on that specific race circuit that you simply memorized the movements. Here comes the question: do you know how to drive? Listen to this week's #5minpodcast to learn more. #Project Management, #Certication, #PMP, #Scrum, career
Forensic Planning: Using Project Management to Address Claims, Disputes and Litigations
In this week's episode, Ricardo talks about Forensic Planning, explaining that this is an area of Project Management widely used for claims, litigation, and lawsuits. Often in capital projects or large projects, delays and other types of disruption happen when parties disagree on which side is responsible. This type of work attempts to assess and support the parties in the solution and identify the root cause of the problem. For example, analyzing whether that delay could be avoided or not or whether the cost overrun can be repaired by one of the parties or not. Ricardo explains that the traditional concept of Gantt chart or critical path analysis is being used in courtrooms, moderation panels, and measurements to address this type of dispute between stakeholders through forensic planning. He also ends with a challenge. Why can't other types of projects benefit from this type of approach? Listen to this week's #5minpodcast to learn more.
What are The Top 3 Values Project Management Brings to an Organization: The Elevator Pitch
In this week's episode, Ricardo talks about the three central values that project management brings to the organization that you could talk about in a brief speech in an Elevator Pitch. The first: Project management is one of the most powerful tools to organize your workflow and prevent chaos from setting in. Regardless of the approach used, project management will define the criteria that will manage the flow of work within the organization. The second: Ensure an alignment between the effort undertaken and the delivery of value. It is necessary to understand the objective and benefits that the project will bring to your client and your organization. Project management defines the value chain and measures the benefits. The third: Mitigate project risks. Project management naturally helps to reduce risks, as there is a defined workflow. Listen to this week's #5minpodcast to learn more.
What We Can Learn from Netflix Roller Coaster
In this week's episode, Ricardo talks about the latest news published in the press about the streaming service Netflix, which, upon announcing the first reduction in the number of subscribers to the platform in the last ten years, suffered a devastating drop in the value of its shares. Netflix's value dropped from more than 300 billion dollars at the end of 2020 to 89 billion after the announcement. It is a 70% drop, and to give you some perspective, this loss is four times the value of Warner Bros. (owner of HBO) and the same value as Walt Disney Co. This shift brings us to question why such a disruptive company can have such a dramatic shock, expected only for "startups" or companies in traditional segments and at significant risk of being overshadowed. Given this scenario, Ricardo reflects on three lessons we can learn from these events: 1. The relevance of understanding potential inflection points that change the direction of a business or market. 2. The understanding that projects and initiatives behave much more like a roller coaster than a highway, where fluctuations will happen. 3. Understand that past success is not a proxy for future success. Often, your project can hit such a dramatic inflection point that it can cause you to change an entire segment. Listen to this week's #5minpodcast to find out more. #VUCA, #Strategy, #Risks #complexity
There is No “One Size Fits All” Solution: The Importance of Tailoring
In this week's episode, Ricardo talks about customizing methods and approaches in project management. He explains that we insist on finding a solution that solves all the problems in the project, but in reality, there is no "One size fits all." No methodology or approach is universally perfect for all scenarios, and the nature of the project and the very definition presuppose something unique. Today we have several project management approaches and methods that create a set of principles that guide our behavior towards the project. Ricardo makes an analogy with a toolbox, where we need to know and have different techniques to make the toolbox solve the organization's problems in a more versatile way. Listen to this week's #5minpodcast to learn more.
What is Round-Robin Brainstorming?
In this week's episode, Ricardo talks about the Round-Robin Brainstorming technique. Ricardo explains that with this technique, everyone participates by analyzing, confirming, and questioning the other participants, and he makes an analogy between a football championship, where all teams play each other. Round-Robin prevents the dominant personality from conducting the brainstorming in a direction other than the collective of the group doing the brainstorming. Ricardo explains the 6 steps to perform this technique and comments that it looks a little like Crawford's Slip technique, but it differs in the construction of ideas, where you develop your idea based on the idea of the colleague next to you. Listen to this week's #5minpodcast to learn more.
The World of Inflexibility is Over
In this week's episode, Ricardo talks about flexibility and inflexibility when planning something. We often have the mindset of planning, executing, and controlling something so that it must go exactly as planned. Any variation in the plan is bad and should be avoided, this is inflexibility, and all we don't have today is predictability, showing that the world of inflexibility no longer exists. Ricardo explains that we need to have a broader range of decision-making regarding changes, to be flexible, and teams have to seek as much autonomy as possible. And finally, Ricardo gives three tips for you to have a team with more autonomy, more flexibility, and more conditions to adapt to this changing environment, that is, to be anti-fragile, which are: Invest in knowledge and understand the cause-and-effect relationships. Work with principles rather than processes. Measure the result by the ability of people to work together and produce the expected deliverables. Listen to this week's #5minpodcast to learn more.
Understanding the Satir Change Model
In this week's episode, Ricardo talks about Satir Change Model, created by family psychologist Virginia Satir, considered the mother of modern family psychology. The podcast has a business focus, even though it was created thinking in the family environment. The model became widely used in the business context change process. The model tells us that, despite the final result of the change being positive, in the improvement process, there is a phase where things become worse before they improve. Ricardo mentions the 5 phases of change: Late Current Status, Resistance, Chaos, Integration, and New Status Quo. He also considers that these five steps can represent all change processes. Listen to this week's #5minpodcast and understand better about this model, a good tool that Ricardo uses a lot in driving change.
Antifragile: Why Being Able to Gain from Disorder is Key to Succeed Nowadays? – Part 2/2
In this week's episode, Ricardo returns to the concept of Antifragile, presented by Nicholas Taleb in his book, where Taleb stated that the antifragile "is not necessarily the opposite of fragile" but "what improves with shock." Ricardo talks about making the different types of systems antifragile, systems that can be you, your career, or your company. He complements the concept and outlines the five steps from fragile to antifragile. He starts by using the Barbell Bar concept, which talks about balancing weights and thus reducing fragility, and goes through the other four of the five steps proposed by Taleb: Decrease Fragility, Generate Options, Modularize, Risk Your Skin and Reflect and Learn From the Failure. Listen to this week's #5minpodcast to learn more.
Antifragile: Why Being Able to Gain from Disorder is Key to Succeed Nowadays? - Part 1/2
In this week's episode, Ricardo talks about the concept of Antifragile, presented by Nicholas Taleb in his book. To better explain it, Ricardo explains the meaning of being "fragile" and "robust," where "robust" is not necessarily the opposite of fragile. Robust refers to the ability to resist shock and is not necessarily improved by shock. What improves with shock is Antifragile. And what you gain from stress. The only way to thrive in such a volatile environment is to create an Antifragile mindset and attitude. Ricardo exemplifies several Antifragile systems such as our muscles, the dandelion flower, the Hydra of Hercules, and even the coronavirus. All these environments have something in common: They grow under stress, adapt, and learn. Next week Ricardo will complement the concept and talk about the five steps to take the fragile to the Antifragile using the Barbell Bar concept.
Why Should I Care about the Hawthorne Effect?
In this week's episode, Ricardo talks about the Hawthorne effect. Despite the rather unusual name, the effect is associated with changing our behavior whenever someone observes us. He gives examples in our daily lives, such as the compliments our young children receive when they stay at other people's houses or when we watch programs like Big Brother. Ricardo also talks about the Hawthorne effect in projects. When we are being observed while performing a task or measuring a specific result or parameter of the project, the tendency is to have our performance affected by the presence of someone watching. Listen to this week's #5minpodcast to find out more.
3 Key Lessons from the Fyre Festival Documentary on Netflix
Ricardo recently watched, using his project management perspective, the documentary "Fyre - The Great Event That Never Happened," which was recommended by a friend. Fyre was supposed to be one of the music festivals that was supposed to be one of the most exclusive globally and ended up being a complete fiasco. The initial idea was to create an event to promote the celebrity booking application called Fyre. However, its founder lost its way during the journey and let passion prevail over reality. Successive mistakes, combined with bad faith, inability to communicate, and chaos, created an irreversible failure scenario. But this failure brings us some precious lessons. Listen to this week's #5minpodcast to find out more. #leadership, #projectmager, #risk, #realstory, #failure.
Empathy and Support During Incredibly Challenging Times: The Russian Invasion of Ukraine
Faced with this week's events with Russia's invasion of Ukraine, Ricardo had decided not to record any new episode this week. However, today he decided to record a different episode, talking about empathy and support in uncertain times like the current ones. In this week's episode, he talks about the importance of understanding that reality has changed and that there is no perspective on how the subsequent events will unfold. At this moment, it becomes critical that everyone shows empathy and support for those traumatically affected by the invasion. Listen to the #5minpodcast to know more.
Are Product Management and Project Management the Same Thing?
In this week's episode, Ricardo talks about the similarities and differences between managing projects/programs/portfolios and managing products. He explains that the product is the result of a project or program most of the time. However, it can also result from chance or simply an unexpected opportunity. The life cycle of a product can involve numerous projects: from the creation of the product itself to the development of new features and adaptations that may become necessary due to externalities and external factors. Even when the company decides to discontinue the product, it is necessary to have a decommissioning project. Finally, a project starts with the end in mind. The product, although it also exists within a life cycle, it will exist as long as the value for the business exists. Listen to the #5minpodcast to know more.
How to Write a Great Problem Statement
In this week's episode, Ricardo talks about the Problem Statement. He explains that we often receive a problem with a solution from our customers. The given solution is not always the correct one; before thinking about how to implement the solution, we need to be clearer about what problem our project is trying to solve. It is necessary to listen to the user and write down everything to understand the problem and question whether there are alternatives beyond the conventional. Ricardo also gives an example of a problem that already came with a solution, but when the scope of the problem is better understood, we may have several other alternatives. Listen to the #5minpodcast to know more.
3 Simple Ways to Improve your Experience with Projects
In this week's episode, Ricardo talks about the many ways to gain experience in project management that go beyond formal education, courses and certifications. He also mentions that you don't start a career in projects managing gigantic or highly complex projects. The main part of the podcast is in the three tips you can follow to increase your experience and make project management part of your DNA. The first is that it is necessary to apply project management concepts in our daily lives. We should think of simple tasks and small projects in our daily lives as opportunities to practice the concepts. Whether it's planning your child's birthday, renovating your home or completing your MBA project. There are opportunities all the time to think about the possibility of setting up a Kanban, an EAP or even applying the concept of decision gates, so talked about in the FEL model. The second tip is that you diversify your experience, applying the concepts in different areas and projects. This diverse experience allows you to learn about various aspects, approaches and challenges. And the third tip is that you look for opportunities to volunteer in your own company's projects, dedicating extra time to this, making you help your colleagues and learn new concepts. Listen to the episode to learn more.
Why Early Warnings are Critical and How to Implement Them
In this week's episode, Ricardo talks about the relevance of early warning systems. He comments that one of our biggest aims in risk management is to anticipate the knowledge and awareness of unexpected events. Ricardo gives some examples and explains that one of the mechanisms that help us identify threats is project indicators, showing clear signs of a problem without having the pain. The sooner we recognize these signs, the faster we can resolve them. Listen to the #5minpodcast to find out more.
How to Present Your Project Experience in Your CV or Interview?
In this week's episode, Ricardo talks about how you show your experience in projects and in product development for a job interview or when you are preparing your CV or applying for a postgraduate course, for example. He gives three tips on which aspects to consider: The first: What type of project have you worked on, engineering, technology, digital transformation, etc. The second: What was the magnitude of the challenge? What were the budget and the number of people impacted? The third: What was your role in the project, who was under your leadership, what kind of activity were you doing? In the case of your role, Ricardo explains that you should never report a position that differs from the reality you had. Listen to the #5minpodcast to know more.
The Counterintuitive Nature of Exponential Growth
In this week's episode, Ricardo talks about the exponential growth of problems in the project. He explains with several examples what exponential growth is, such as the behaviour of social networks when a post is shared with ten people and that each one will share with another ten people. So on, the number of views has a massive growth. We often rely on intuition to make a future prediction, imagining linearity. Still, we live in an era of turbulent, dynamic and transformational scenarios where one small problem in your project can trigger another, and you have an avalanche of problems in the end. Trusting your intuition is essential, but it's much better to trust the numbers you're getting on your project. Listen to the #5minpodcast to know more.
Cadence: The Heartbeat of your Project
In this week's episode, Ricardo talks about cadence in the project. He explains that cadence dictates the rhythm of project deliveries and gives some examples of cadence, such as the frequency of the heartbeat and the rhythm of a military parade. Ricardo talks about the four types of cadence, which are not necessarily linked to shorter or longer intervals but rather the project's ability to make deliveries that add and produce value for the customer. Listen to the #5minpodcast to know more.
4 Books and 3 Online Courses to Start your Year with the Right Foot
In the first episode of 2022, Ricardo decided to share four books and three online courses/platforms you should look at right now to start your year with the right foot. The books have two things in common: none are about Project Management, and he wrote none of them :). They cover aspects of uncertainty, culture, mindset, and career. Listen to the #5minpodcast to know more.
Looking back on 2021, Paving the Road for 2022
This episode is the last #5minpodcast of 2021. This week Ricardo shares five key lessons he learned about 2021 that are paving his way to 2022 and can also help you make a better 2022. He also made a LinkedIn article with a few things that are keeping him awake at night. You can read it in full at https://rvarg.as/lookingback. Listen to the podcast to learn more.
James Webb Telescope Launch: A Live Masterclass of Complexity and Risk Attitude
This week's episode is super special, with Ricardo talking about the launch of the James Webb Telescope, scheduled for December 24th. He explains that the project to build this telescope is extremely complex (we haven't found an even bigger term to describe how complex the project is). And for a project of this size, the level of competence of the professionals involved doesn't matter. Even having the best team in the world, the project is so complicated that anything can happen. The James Webb has a technology that has never been used, such as the five very thin protective layers of insulating material to allow the telescope to operate at 100 degrees Celsius on one side and at -235 degrees Celsius on the other side. Imagine over 300 degrees in less than 50 cm on five sheets so thin they look like hair. The launch of this telescope will be part of our history. For 30 days from the moment it is launched from French Guiana, a series of 50 unfolding processes will begin that will last practically one month until it reaches its endpoint, about 1.5 million km from Earth. The Hubble Telescope has located about 550km from Earth to give you perspective, and the new telescope is 2,700 times farther away. It is a very high-risk project, as it is extremely sensitive equipment with 344 points of failure. If one of them doesn't work, the entire project may not deliver the result, and 25 years of development and more than 10 billion dollars could be lost. Watch the launch on the 24th at 7:20 AM ET, 9:20 AM Brasilia time, 12:20 PM WET at https://rvarg.as/webb Listen to the podcast to learn more about this amazing project.
Trailer – 5 Minutes Podcast
No Rules Rules: The Counter-Intuitive Culture of Netflix
In this week's episode, Ricardo talks about the book "The Rule is No Rules: Netflix and the Culture of Reinvention", whose subject is the culture of Netflix. Ricardo explains that he read this book recently, which is based on an interview @reed Hastings gave to @Des Dearlove from @Thinkers50. Ricardo comments that Netflix breaks the chain of command and control and adopts a policy (or maybe no policy) where employees are free to make decisions by themselves on all sorts of topics, including how their vacation will be or how their travel expenses will be. He also says that in the interview, Reed said that the only "rule" is to make decisions always considering Netflix's best interest. Another exciting factor is that people are free to be truthful, even if they disagree with an idea coming from the CEO. And last but not least, Netflix values humility, helping and being helped by colleagues. Ricardo recommends you read the book and look at the Netflix Culture page at https://jobs.netflix.com/culture. Listen to the podcast to learn more.
To Be or Not to Be Agile: That is the Question
In this week's episode, Ricardo explains the difference between agility and agile methods. He says that if the project uses an agile method, it may not necessarily have agility. And on the other hand, a project that uses the predictive model may have agility. Ricardo comments that, regardless of the method used, it is first necessary to have a critical sense of urgency, agility and adaptability in the organization. Listen to the podcast to learn more.
Artificial Intelligence in Projects - Part 2/2 - Challenges
In this second episode of the series, Ricardo talks about three challenges to applying Artificial Intelligence in project management and product development in general. The first challenge is regarding the quality of the data that will be used. Ricardo explains that in project management, a clear business rule is not respected, which makes it much more complex to have reliable data for artificial intelligence to cross-reference this data to generate relevant patterns for analysis. The second challenge is to stipulate and predict standards for human behaviour. A simple challenge that a professional has when commuting to work one day can directly impact work and productivity. The third challenge is the ethical aspect. How would artificial intelligence make the decision faced with an ethical dilemma? Listen to the podcast to learn more.
Artificial Intelligence in Projects - Part 1/2 - Definitions and Uses
In this week and next, Ricardo talks about the uses, benefits and challenges of artificial intelligence applied to the project scenario. He explains that artificial intelligence is a branch of computer science that seeks to develop equipment and software capable of performing tasks that are typically human, giving examples of products that use artificial intelligence to replace and facilitate our work. Ricardo also comments that the great benefit of artificial intelligence in project management is monitoring and identifying patterns. These patterns allow the optimization of administrative tasks, preparation of realistic budget and schedule forecasts, and even suggest specific teams for each type of work. Listen to the podcast to learn more.
How to Reframe your Fears
In this week's episode, Ricardo talks about the fears we have during the development of a product, where situations are not totally in our control. Whether in the speed with which we have to carry out our deliveries and releases or in the concern of not delivering the value expected by our client, which leads us to the fear of failing and not being accepted as a leader in the project. He explains that these fears are natural reactions we have. With the pandemic, there were many changes and a massive disruption in the supply chain, affecting organizations and leaders who need to deal with the changes with their teams and stakeholders. In the end, Ricardo gives 5 tips on how you can live with these fears and accept that not everything is in our control. Listen to the podcast to learn more.
Three Tips to Improve Resilience and Deliver Better Results in Turbulent Times
In this week's episode, Ricardo talks about resilience and adaptability. He says that when big disasters happen, we first think about resilience, and we associate this term with resistance and more solid constructions that can withstand impacts. But there is psychological resilience and organizational resilience related to developing skills in the project team, in the organization, and ourselves. Ricardo explains that resilience does not mean that you will go through a crisis without suffering and stress, but when you have good psychological and organizational resilience, you can recover faster and with minor damage. And finally, Ricardo gives three tips for psychological resilience and three tips for organizational resilience. Listen to the podcast to learn more.
3 Tips on How Time Affects Our Perceptions of Value in a Volatile Environment
In this week's episode, Ricardo talks about our perception of time when we try to assess values, risks, and scenarios in the more distant future. Time significantly affects our ability to judge, understand and evaluate scenarios. He makes an analogy between the promises made at COP 21 for the years 2070 and 2100 and comments that it is impossible to project an event for the year 2100 without having an incredibly high margin of error. Finally, Ricardo gives three tips for us to deal with projects in this distant future scenario. Listen to the podcast to know more.
What is Systems Thinking?
In this week's episode, Ricardo explains the concept of Systems Thinking. He compares systems thinking with traditional analysis, where the system is broken down into smaller components to assess problems, impacts, and improvements. In Systems Thinking, the process is practically the opposite. The focus is not the components but the connection and interactions between them and their behavior over time. Systems thinking, despite using various tools and simulations, is a holistic and often behavioral process seeking to identify connections and influences that are not seen in the usual and traditional way. Ricardo ends the episode by discussing the balance between system overload (reinforcement) and balance (equilibrium) as key work components. He reinforces this concept with several applicability examples. Listen to the podcast to know more.
Why We Must Pay Attention to the Great Resignation In Our Projects
In this week's episode, Ricardo talks about "The Great Resignation", a term created by Anthony Klotz, a professor at the University of Texas, A&M University. He explains that in the first few months of this year, 4.3 million people resigned in the United States. This phenomenon is not unique to the US. It is happening worldwide. Ricardo comments on the influence of the pandemic on this behavior and on four factors that lead people to resign. Finally, he addresses the challenges for both the professional leaving work and the company and managers who need to create value to attract the professionals they need to deliver projects. Listen to the podcast to learn more.
The Magic of Affinity Diagrams
Ricardo talks about affinity diagrams in this week's episode and how this technique can help you and your team organize ideas. He explains that when structuring a process, the scope of a project, risks, and other ideas, we usually create groups and distribute information within these groups. We will think differently using the affinity diagrams; first, we will have the pictures and then group; it is like an EAP in reverse. Ricardo describes how creating the affinity diagrams should be done and the benefits of using this technique. Listen to the podcast to learn more.
How Fragile and Volatile are Businesses: The Facebook, Whatsapp, and Instagram Outage
This week we return to the theme from a few weeks ago, how technology projects are riskier than most people imagined. Surprised by the paralysis of Facebook, Instagram, and Whatsapp, we were more than left out of communication. The damage caused throughout the world by the hours out of the air on these platforms is incalculable. What to learn from what happened? How to deal with this dependence on companies today? Listen to this week's Podcast to know more.
Why Self-knowledge Improves Your Projects Results: 3 Golden Tips
In this week's episode, Ricardo talks about self-knowledge and how it can improve the results of your projects. He explains that when you are more aware of your strengths and weaknesses, you can adjust your project approach, assuring the project's success. He comments that if a person knows their weak points to carry out an activity, they will mitigate the project's risk by, for example, putting another professional with more knowledge on the subject to carry out the activity in question. Ricardo wraps up this week's episode by providing three tips for getting to know yourself better. Listen to the podcast to learn more.
IT Projects May Be Riskier than You Think
In this week's episode, Ricardo talks about the risks that can be associated with technology projects. He explains that the approach to managing technology projects, where releases are delivered faster and more frequently, can allow aspects that are not thoroughly thought out and validated to produce security flaws, risks, and even use and encouragement of unexpected behavior when used. Ricardo comments that today we have incredibly complex and critical operations that can generate huge risks concerning fraud, cybercrime, invasion of privacy, Cyberbullying, and all kinds of unexpected results. Technology is advancing a lot and making life easier for everyone. However, as ease appears, the opportunity for wrong things to happen grows at about the same rate. Listen to the podcast to learn more.
The Legal Team is the Best Friend in Protecting Your Project and Your Organisation (Stewardship)
In this week's episode, Ricardo talks about the legal aspects of project management. He explains that the project manager often may perceive that their work is being delayed due to the requirements of other areas, for example. Ricardo explains that these requirements are made to protect the project and, in the end, your organization. Often in the eagerness to do things quickly and be agile, the project manager generates future turbulence in which he/she is not prepared. The project exists as part of an organizational enterprise that continues to exist after the end of the project. There must be instruments that can protect both the supplier and the buyer, for example. If there is a different understanding regarding payment, delivery, guarantees, obligations, protection, and insurance, the solution will only be possible through the contracts made between the parties. Legal criteria exist to protect your organization, and it is your duty of care as a steward to protect and support the project and the company you work for.
Any Assessment is Irrelevant without a Reference
In this week's episode, Ricardo talks about the importance of having clear criteria as a reference when we evaluate a project. He explains that people's perception is different, and if we create a personal reference, it will have a different interpretation. Ricardo shows many examples of not explicit references, and besides that, the evaluation for these criteria will generate ambiguity. He also shows examples of detailed references.
Conflict of Interest and the Impact in your Project: 5 Ethical Principles to Be a Great Steward
In this week's episode, Ricardo explains what conflicts of interest are. He also shows some examples where decision-making based on personal interest can harm the project, the organization, and other project stakeholders. He also presents the 5 ethical principles (based on the Harvard Program on Negotiation) that must be considered in project decisions to avoid a potential conflict of interest.
How to Support Future Generations for a World Based in Projects
In the last 20 or 30 years, project management has taken on a vast proportion, and a good part of the population works, even if they don't know it, in some way with projects. So why do people see the world for projects as a threat? What are the misunderstandings? Let's talk about how I see project management and how to support future generations to work in a different world, a world by projects. Listen to the Podcast to learn more.
Some Considerations About Project Delivery Approach: Predictive (Waterfall), Hybrid or Adaptive (Agile)
In this week's episode, Ricardo talks about the form of development approach you will choose, according to the type of project. He comments that one of the Performance Domains of the new PMBOK® is the Development Approach and Lifecycle. And he explains that for some projects, it is better to choose the predictive approach, while for others, the adaptive approach is more suitable. Listen to the Podcast to learn more.
Why Do We Often Ignore the Obvious?
In this week's episode, Ricardo reflects on why we often overlook the obvious. PMI principles that have often been forgotten or the Voluntary Blindness that prevents us from seeing what is in front of us. Why do we insist on preferring inertia or denial? Listen to the Podcast to learn more.
Why "Stakeholders" is a Principle and also a Performance Domain in the PMBOK 7th edition
In this week's episode, Ricardo shows the differences behind the concepts of Stakeholders for the Principles, Performance Domains, and Knowledge Areas. He explains the Stakeholder' vision for these items and the importance of each. Listen to the Podcast to learn more.
Peter Principle of Incompetency
In this week's episode, Ricardo talks about how good people can become incompetent when promoted to positions that require different skills than those that make them stand out. Ricardo gives tips on preparing ourselves not to fall into this trap and grow in organizations with the necessary skills. Listen to the new podcast episode to know more.
PMBOK®️ Guide 7th Edition - Performance Domains - Part 3/3
In this third episode of the PMBOK®️ 7th Edition series, Ricardo talks about the Performance Domains, which are the areas PMI believes you should focus on to demonstrate the behavior that the principles advocate. Ricardo comments that the 7th edition comes as an umbrella over the 6th edition, looking for attending all types and forms of project delivery. Ricardo explains that the eight performance domains have no sequence; they must be developed simultaneously. They address the areas you should focus on, depending on the development approach used. Ricardo also explains that the performance domains are divided into chapters, and each chapter has three parts. The first part explains what is expected as an outcome of that area, the second part explains aspects of that area, and the third part describes how you measure the desired outcome for that area. Ricardo comments on each domain and associates it with the principles shown in the second podcast of this series. He is also already preparing his new video about the Guide that will be available on his YouTube channel (https://youtube.com/rvvargas). Subscribe and activate notifications to have first-hand access to videos.