Since 2007, Ricardo Vargas has been publishing the 5 Minutes Podcast, where he addresses in a quick and practical way the main topics on project management, business agility, risk and crisis management, among other topics.
In this episode, Ricardo reflects on our desire for control and how the lack of control can create all sorts of psychological threats which could culminate in poor results for the project, for the organization and for you. Ricardo also talks about mechanisms of acceptance, reaction, adaptation and learning that you should put in place to be effective and deliver positive results in an environment where you do not have control.
In this week’s episode, Ricardo introduces the concept of ROAM Risk (Resolved, Owned, Accepted, Mitigated / Minimized). The process of traversing (ROAMing) risks is a quick way to categorize and act on the relevant risks. This process is widely adopted in agile models such as SAFe (Scaled Agile Framework), mainly during the planning of increments or PI Planning.
In this episode, Ricardo discusses the concept of organizational and personal resilience. In this sense, the rapid recovery capacity becomes a critical factor for companies, governments, and professionals. The issue becomes even more critical when faced with the uncertainty of an unprecedented crisis that we are having with the coronavirus. The infographic referred to this episode is available for download here.
In this episode, Ricardo explains the assessment he developed to evaluate the impact of the COVID-19 Outbreak in your project. He shares a 20 statements assessment that helps the evaluation of the potential exposure of your project to the implications of the COVID-19. He also shares actions we should put in place to protect the team and the reduce the damage in the project work.
This week, Ricardo talks about the evaluation of risks using the Bowtie method. The method has its roots in the oil and gas industry, but it is used today in several areas to visualize the event, the threats that could trigger the risk and its consequences. After evaluating the threats and consequences, the team should work together to identify barriers that they can implement to avoid or mitigate the threat or impact.
In this episode, Ricardo talks about three skills he believes are critical to be successful in these current times.
In this episode, Ricardo shows how to use the 7R process to plan and drive change. The 7R’s process was primarily focused on IT initiatives, mainly using ITIL Change Management Process. However, every single change initiative can benefit from it, regardless of area or sector. The 7R’s are (Raiser, Reason, Return, Risk, Responsible, Resources, and Relationships).
In this episode, Ricardo reflects on five aspects that could explain why some intellectually gifted professionals have such a hard time working in teams. He discusses aspects related to confidence, education, ego, EQ, and IQ, among others, and their impact on a “smart” person’s desire and effectiveness to work together.
In this episode, Ricardo explains the fundamental difference between the scope you define for the project, the procurement documents you may use to source products and services, and the requirements you identify to set the boundaries of the work you need to do. It is essential to highlight that Ricardo does not restrict these documents to waterfall project management.
In this week's episode, Ricardo talks about being optimistic in a pessimistic work environment. He addresses that one of the leading causes of pessimism is our inability to understand that what we are not able to control much, and this uncertainty is often counterintuitive. This inability to control everything usually generates an ever more distorted and pessimistic view of reality.
Read Ricardo's reviews of some of the best technical books published.
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