Nowadays, all those leading projects and initiatives only talk about outcomes. In this week episode, Ricardo reflects on the concept that outcomes are everything while outputs are irrelevant. For him, outputs and outcomes are equally important because outputs are the only way to produce outcomes. The problem is the disconnection between the outputs we product and the outcome we want to reach.
KPI (Key Performance Index)
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This week, Ricardo talks about metrics and discusses why we should review metrics often to make sure they are still valuable. One of the main threats of old metrics is that people get used to the engine behind it, and they know exactly how to work so that they stay on permanent “green” without truly seeing the whole picture.
In this podcast, Ricardo makes a comparison between monitoring of the project and monitoring of a patient in an Intensive Care at the hospital. He explains that the Project Manager should monitor since the beginning, the project vital signs and based on these signals, identify deviations and take preventive actions for the project remains viable.
In this podcast, Ricardo talks about the most common mistakes people make when calculating the percentage of completion of a phase or activity group in the schedule. He explains that when calculating this percentage, we need to consider the total duration of phase or group and the worked hours.
In this podcast, Ricardo Vargas talks about the impact of projects in society and their associated risks. He explains that in addition to the technological and financial aspects, companies must identify the main stakeholders and verify the positive and negative impacts that the project will bring to the involved society.
In this podcast Ricardo Vargas talks about the KPI - Key Performance Indexes. KPIs are indexes that give the project a numeric result. He explains that these indexes can show the status of the schedule, cost, scope, quality and other issues. Exhibiting information in a graphical way, the project manager can have a fast and effective way of communicating information. This podcast was recorded only in Brazilian Portuguese.