In this week's podcast, Ricardo talks about the future of PMOs in an AI-dominated world. He explores the fundamental question: Can Project Management Offices (PMOs) stay relevant in the age of AI? AI will change the work we all do inside PMOs. AI could take over tasks like making reports or sorting out data. But Ricardo sees a bright side.
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Which projects do you choose for your portfolio? Learn some factors in this video to use when choosing which projects to prioritize and include in your portfolio. Key Criteria: Predetermined measures, values, or conditions used in a scoring model to measure alignment with strategic goals. (PMI - Standard For Portfolio Management).
In this week's episode, Ricardo makes an analogy between the book "The Burnout Society" by the Korean philosopher Byung-Chul Han and our current work. The book talks about how the pressure we put on ourselves to break the limits has produced a sick society. Ricardo's analogy centers on our choice process. Companies want to do everything without investing in anything.
In this episode, Ricardo talks about the DICE Framework, developed by Boston Consulting Group members to evaluate the chances of success of your project or of your chance management initiative. The factors on the acronym DICE: D – Duration, I – Integrity, C – Commitment and E – Effort receive a score from 1 to 4 and after a simple calculation, the result will help you compare if your project is more likely to be successful or to fail.
The objective of this paper is to present, discuss and apply the principles and techniques of the Analytic Hierarchy Process (AHP) in the prioritization and selection of projects in a portfolio. AHP is one of the main mathematical models currently available to support the decision theory.
The objective of this paper is to present a non-conventional approach that is being currently implemented at the United Nations Office for Project Services, when selecting new projects globally, in order to include, as project selection criteria, social, environmental and economic sustainability aspects in humanitarian and development projects.
In this podcast, Ricardo talks about a type of project that is often special to certain people but does not show real benefits and offer significant value. He gives tips on how to handle this kind of pet project in a portfolio selection.
The processes are separated into colors according to knowledge areas and process groups. Based on the Standard for Portfolio Management — Third Edition.
In this episode, at the traditional time of the year when companies are planning their projects for the next year or years, Ricardo talks about the three factors that complicate how we should approach selecting projects in a portfolio.
In this podcast, Ricardo lists the three main reasons why it is so difficult to establish criteria for selecting projects in a Portfolio Management. They are: the lack of clarity in the strategic objectives, the difficulty in measuring intangibles and the management of possible conflicts created by individual interests.
In this podcast, Ricardo talks about his perspectives for 2013. He said several issues, among them: the continued instability in the external and internal scenarios, strong pressure for results measurement, increasing globalization and why is important to know new countries and their social and economic scenarios.
In this podcast, Ricardo talks about the PMI Global Congress which took place in Vancouver, Canada. He makes a brief summary of his perceptions of the key topics of the event, such as Portfolio Management, which is the new challenge of the coming years. He also points the discussions on the Role of Women in Project Management, Risk Management from the point of view of business.
In this podcast, Ricardo, directly from London, talks about the Gartner PPM & IT Governance Summit 2012, meeting to address Portfolio Management and IT Governance. He talks about the main topics discussed at the Summit, especially the strategic value and benefits of selecting the projects aligned with the company's strategy.
In this third and final podcast of the series, Ricardo talks about the comparison to the project selection and choice. He gives two examples of comparison one simpler - the weighted score matrix, and other more complex - AHP - Analytic Hierarchy Process. Ricardo explains how to prepare each of the two examples. See the article about AHP mentioned in this podcast at: http://www.ricardo-vargas.com/pt/articles/analytic-hierarchy-process/
In this second podcast of the series, Ricardo talks about the selection criteria in portfolio management. He explains that in addition to financial criteria, there are others who may be considered and, even if it is intangible, there are ways to make them tangible. Ricardo gives several tips on how to transform these criteria into tangible and also talks about the balance of the criteria chosen.