The New PMBOK® Guide 6th Edition – Part 1 of 2

In this episode, 1 of 2, Ricardo talks about the sixth edition of the PMBOK® Guide, which is the most popular reference on project management. Ricardo comments on what's changed since the last version published 4 years ago. He also presents his video that shows the development of the new processes flow, that you can download on his website (ricardo-vargas.com). You can also download a canvas and use it to repeat the process shown in the video...

What Makes a “Great” Project Manager

In this episode, Ricardo talks about the skills of great project managers: having a track record, a history of challenges, failures, and successes throughout his/her career and having a great ability to communicate. He ends up answering the controversial question that always arises: is it a mandatory condition for the project success that the manager holds the technical knowledge, the expertise, about the product to be developed?

Understanding the Fear of the New (Neophobia)

In this episode, Ricardo talks about neophobia, or the fear of the new, a natural feeling that afflicts project managers, even those with great experience. He gives tips on how to deal with the problem: face the new with curiosity, as something to explore; know that this feeling is not exclusive, everyone feels it to a greater or lesser degree; know yourself, your strengths and weaknesses, and deal with them.

The 2017 PMI Pulse of the Profession® Report

In this episode, Ricardo comments on the Pulse of Profession® 2017, an annual report published by the Project Management Institute (PMI). About 4,000 professionals worldwide were interviewed and one of the key indicators reported is that financial waste on unsuccessful projects has dropped by around 20%; Until last yet, it was about USD 122 million lost for every billion invested. This year, the value dropped to 97 million. Check out other...

Does it Really Matter Where You Document the Assumptions and Constraints?

In this episode, Ricardo starts speaking if the assumptions and constraints should be documented in the Scope Statement or the Project Charter. Then, he reflects about the real relevance of knowing in what “piece of paper” this information will be inserted and reinforce that relevant information is what drives the project to success. Ricardo used in this podcast the word Restriction as a synonym of Constraints (a PMBOK® term).

Decision Making Using the OODA Loop

In this episode, Ricardo talks about the concept of the OODA loop. The phrase refers to the decision cycle of Observe, Orient, Decide, and Act, developed by military strategist and the United States Air Force Colonel John Boyd. Boyd applied the concept to the combat operations process, often at the strategic level. The OODA loop is also used in many types of business where the decision needs to be taken quickly and in advance, as in the case of...

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