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.
In this week's podcast, Ricardo addresses the topic “Economy of Attention”. He says that a product is made to meet a market need, and the greater the demand, the higher the price of the product. However, as large amounts of data and actions we must manage make attention an invaluable presentation. There are many things vying for our focus at any given time, including work, employees, social media, and electronics.
In this week's episode, Ricardo talks about the similarities and differences between managing projects/programs/portfolios and managing products. He explains that the product is the result of a project or program most of the time. However, it can also result from chance or simply an unexpected opportunity. The life cycle of a product can involve numerous projects:
