In this episode, Ricardo introduces the timeless philosophy of Occam's Razor, a principle that champions simplicity. Coined by 14th Century philosopher William of Ockham, this concept prompts us to choose the most straightforward explanation or solution when faced with equally good alternatives. He discusses how this principle can streamline our approach to project management.
In this episode of "5 Minutes Podcast About Project Management and AI," Ricardo explores three key areas where AI can bring Agile Development to the next level. Firstly, he discusses how AI can help teams plan and prioritize sprints for greater accuracy in predicting delivery dates. Secondly, Ricardo talks about how AI can help teams respond quickly to changes and optimize resource allocation.
In this episode, Ricardo delves into the concept of mental liquidity and why it's crucial to think quickly and creatively in today's fast-paced environment. Mental liquidity is a mindset that combines flexibility, creativity, and resilience, allowing individuals to adapt to changing circumstances and challenges.
This episode concludes the 2022 podcast series as Ricardo looks back on the year's events. Ricardo says that 2022 was, in some ways, a different year. Maybe because we recently emerged from the lockdown situation caused by Covid, society stayed in something like a "limbo" state. In particular, he emphasizes three noteworthy aspects of the year 2022: The first is about unpredictability:
In this week's episode, Ricardo talks about the moment to get out of a certain situation and discusses three essential points based on the book "Quit" by Annie Duke. People are socialized to believe that staying in a harmful situation is a virtue, so the idea of stopping what is toxic, whether professionally or personally, is often seen as a negative choice and a demonstration of fragility.
This week, Ricardo discusses TRL, or the Technology Readiness Level, a method developed by NASA in the 1970s to ensure the reliability and safety of the technology they used in their projects. In terms of safety, the higher the TRL number, the more developed the technology is. All the things that come at the outset of studying a new technology—empirical research, a scientific concept, an article, an idea, etc.—are related to the first 3 stages.
This week, Ricardo discusses decision-making processes in the context of projects, the "governance" component of the environmental, social, and governance (ESG) acronym. He explains that knowledge of governance, the organizational framework used to oversee projects, is crucial for effective decision-making. This structure and processes are used to make decisions about approving changes and planning the next steps based on project findings.
In this week's episode, Ricardo talks about the connection between Chaotic Systems and the behavior of risks in the project. Chaotic systems are highly disordered and unpredictable, where minor changes in initial parameters cause drastic changes in the future. Consider the global shipping crisis.
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.
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.
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.
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.
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.
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.