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Oliver F. Lehmann, PMP

Today we are going to talk about Project Business and Project Business Management, and if you have no idea what that means then welcome to the club. Cornelius didn't know what either of these terms meant when he heard them for the first time.

But now he does. Thanks to Oliver F. Lehmann.

Oliver wrote the defining book on the topic called Project Business Management (Best Practices in Portfolio, Program, and Project Management). In addition to that, he also founded the Project Business Foundation, and he is our guest today to give us an introduction to project business and project business management.

You will learn what project business is all about, that (surprise!) roughly 50% of all projects that are currently being undertaken in the world are part of project business, we talk about the skills that we PMs need to answer project business challenges, and you’ll come away learning about the number one thing that you should pay particular attention to, when you are involved in project business management and why.

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Karthik Ramamurthy

Disruptive business models, technological progress and intense competition force your customers to continuously innovate. Clients naturally demand that you deliver high-quality projects involving complex, ever-changing scope at tight budgets and within compressed timelines. Is this challenging? Absolutely! Innovative, effective scope management is a must for project success. Listen in as we discuss the successful scope management techniques from across continents.

This interview with Karthik Ramamurthy was recorded at the PMI® Global Conference 2019 in Philadelphia, Pennsylvania, USA. We discuss his findings into how project scope management will make or break your project.

You will discover how ineffective requirements gathering, poor scope definition, gold plating, and uncontrolled creep inevitably lead to project failure. And to counteract this, we analyze, adapt, and apply seven proven scope management techniques to increase the probability of project success.

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Kim Wasson

Feeling disconnected from your team? Is getting them all together more like herding cats than project management? Social intelligence concepts (the connections part of emotional intelligence) can help you connect and keep your team all moving in the same direction.

This interview with Kim Wasson was recorded at the PMI® Global Conference 2019 in Philadelphia, Pennsylvania, USA. We discuss the concepts of her interactive workshop in which she helped the attendees develop strong connected leadership, handle problems gracefully and create and support effective teams using principles from the world of social intelligence translated into project management tools and techniques. They were able to leave the session armed with tools to support their project manager coaching and mentoring back in the workplace, with their colleagues.

From the interview you will learn how to use social intelligence tools to build teams and keep members connected and engaged and how to utilize social intelligence tools to achieve balance among the project dimensions of people, product and process. Note that social intelligence tools are not the same as social media for project managers, although there is definitely value in social media tools too.

People from so many different backgrounds joined Kim's talk and benefited from what she shared. From people who fill the role of project manager in SAFe agile environment, through to people managing multiple projects, there is so much to take away from today's interview. And without further ado, let's listen in.

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Dr. David Hillson

Definitions are a useful starting point, but what do you really think when you hear the word risk? How does it make you feel? What about related words like "uncertainty," "threat" or "opportunity"? Building on established neurolinguistic theories of word/image association, this session will explore underlying tensions in the way practitioners think and feel about risk. Discover the surprising truth, and compare yourself with your peers. And of course, this episode is relevant to risk management in agile projects as well, just in case you were wondering.

This interview with Dr. David Hillson was recorded at the PMI® Global Conference 2019 in Philadelphia, Pennsylvania, USA. We discuss his research and insights into what you truly think about when you hear the words "risk" and "opportunity" using the Bouba/Kiki Effect. This is the kind of information you won't find in the Practice Standard for Project Risk Management but it's so useful when thinking and talking about risk with project stakeholders.

You will see and understand why it's hard to include opportunities in an integrated risk management process and discover your own underlying perceptions of risk, and the implications for your risk management behavior. The insights will change how you think about risk management critical success factors. Enjoy the episode!

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Benjamin Anyacho and Bruce Moore

Employees get 50-75% of their relevant information directly from other people. All project management begins with knowledge; one of the most critical organizational assets—intellectual capital—is held captive in the minds of individuals. How to capture, share, retain and reuse this knowledge is the greatest challenge facing organizations today.

This interview with Benjamin Anyacho (LinkedIn Profile) and Bruce Moore (LinkedIn Profile) was recorded at the PMI® Global Conference 2019 in Philadelphia, Pennsylvania, USA. We discuss how to create/establish a robust knowledge-sharing environment intelligently, leveraging it for exponential growth, competitive advantage, and innovation.

Our discussion also looks at intelligent approaches to managing competencies, capabilities, and critical knowledge assets of the organization strategies for converting, capturing, sharing, as well as ways to retaining/reusing project knowledge to achieve innovative solutions, and value

Rich Maltzman and Jim Stewart

Rich Maltzman (LinkedIn Profile) and Jim Stewart (LinkedIn Profile) are back on the program today to talk about Goblins… no… wait… [furiously checks notes]... Ahhh… no. Sorry. My fault. No goblins today.

Instead, the focus is on preparing a facilitated project planning meeting. We look at resolving any looming unaddressed issues before the meeting starts, how to make sure that the financial investment of a planning meeting actually pays off, and then Rich and Jim talk us through about 8 actionable activities they recommend you do in order to plan the meeting right. These tips are important to get the most out of your meeting so you come out of it with enough useful information to create a realistic project plan.

The interview is based on Chapter 8 : Preparing for the Facilitated Project Planning Meeting of their book How to Facilitate Productive Project Planning Meetings - A Practical Guide to Ensuring Project Success. Therefore, we close the discussion with the number one thing that each of them has personally learned about running a good project planning meeting while they were researching and writing the book… good stuff.

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Rich Maltzman and Jim Stewart

Planning your project right from the start is a big factor for future success. It’s definitely not everything, but doing the planning right goes a long way. And most planning is done in meetings. And that again means that you really want to make sure that those meetings deliver.

That is where the book How to Facilitate Productive Project Planning Meetings - A Practical Guide to Ensuring Project Success can help. It was written by Rich Maltzman (LinkedIn Profile) and Jim Stewart (LinkedIn Profile), and yes, it does indeed contain Goblins.

We have chosen to focus on chapter 6 “The Zen of Facilitation”. We talk about what is wrong with the way many planning meetings are being facilitated today, what facilitation and facilitative style means, and we have many good tips for you. And yes… we will talk about the goblins.

What you'll learn in this interview will help you put together a better and more accepted project plan.

Lastly here is what one reviewer on Amazon wrote: This book read [sic] better than a textbook as it was full of humor and step-by-step tips for immediate application. The authors provide insight on Agile project planning, tips on facilitating status meetings and lessons learned meetings, and even their appendices provide additional information on topics such as Project Management 101, meeting war stories, and access to their templates.

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Cynthia Dionisio, Mike Griffiths and Stephen Townsend

At the Project Management Institute (PMI)® Global Conference 2019 in Philadelphia, Pennsylvania, USA, I had the opportunity to attend two workshops to help in the development of A Guide to The Project Management Body of Knowledge (PMBOK® Guide) -- Seventh edition.

Yes, you read that right: Seventh Edition. And here is what PMI® wrote about the workshop:

The workshop was led by Cynthia Dionisio, Mike Griffiths, and Stephen Townsend. Cyndi and Mike are the co-leads for the new PMBOK® Guide Seventh Edition and Stephen represents PMI. And in addition to attending the workshop, I also got the opportunity to sit down with them and learn what we can expect from the new guide. (My best guess is that it will be published sometime in 2021).

In the interview we talk about

• the move from process-based to principles-based standards,
• what will happen to the domains and knowledge-areas,
• how the next guide will cover the entire delivery spectrum,
• why it will be much shorter than the current edition, and
• what each member of the team hopes that the seventh edition will be able to achieve.

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Cindy Anderson, VP Brand Management at PMI

Today, we welcome Cindy Anderson (LinkedIn Profile) who is the VP, Brand Management at Project Management Institute (PMI)®.

This interview was recorded at the PMI® Global Conference 2019 in Philadelphia, Pennsylvania, USA. We'll talk about the elements of PMI's new brand and the fact that there is a lot more to it than "just" a new logo. And that's an important distinction. While the new logo is what most of us see, the new brand and its slogan/positioning "Powering the Project Economy" are so much more than just a few new visual assets.

In the interview, we talk about how the new brand was developed and how it affects the many stakeholders around the world.

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Sunil Prashara, President and CEO of PMI

Today, we welcome Sunil Prashara (LinkedIn Profile) who is the President and CEO of Project Management Institute (PMI)®.

This interview was recorded at the PMI® Global Conference 2019 in Philadelphia, Pennsylvania, USA. We discuss Sunil's responsibilities within PMI, how project management is changing the world, delve into PMI's transformational journey and touch upon how PMI members can help the organization succeed in today's constantly evolving environment.

Here is what one of my colleagues had to say after listening to the interview:

Bravo! That was an awesome interview! I was very impressed with Sunil, on many levels. He is a true visionary who knows himself and the changing world around him. He is an excellent speaker who understands project management, PMI, and it’s potential future.

This is an interview that many people will listen to and say, "Wow! This is where the future of project management and PMI is headed and it’s inspiring."

Jonathan Hebert, PMP, CSM, PMI-ACP

I cannot agree more with what Jonathan is saying. This is one of our best podcast interviews.

In the interview we also mention The CEO Corner and Straight Talk with Sunil, where he invites PMI staff to talk about what's going on behind the scenes at PMI. Check it out!

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Ricardo Viana Vargas, Executive Director, Brightline

There's no shortage of great ideas, whether you are going through a transformation or adapting to digital innovation, but not every great idea becomes a reality. Pinpointing 'why' is at the core of the Brightline initiative's mission.

Brightline (www.brightline.org) is a new strategic arm of Project Management Institute (PMI)®. And as stated on the website: "The Brightline™ Initiative delivers insights and solutions that empower leaders to successfully transform their organization’s vision into reality through strategic initiative management."

Today, we welcome Ricardo Vargas (LinkedIn Profile) who is Brightline's Executive Director.

This interview was recorded one day before the Project Management Institute (PMI)® Global Conference 2019 in Philadelphia, Pennsylvania, USA. We talk about the history of the initiative, the 10 principles developed to help your organization bridge the costly and wasteful gap between strategy design and delivery, and we look at how you can apply this on your projects. And we also identify issues that prevent strategies to become reality.

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Susanne Madsen, Author

Here is how I started episode 309 back in 2015 when we had Susanne Madsen (www.susannemadsen.com - LinkedIn Profile) on the program to present her book The Power of Project Leadership:

Susanne Madsen is back on the show today to talk about many of the leadership concepts she puts forward in her new book titled The Power of Project Leadership. And we have a lot of great tips for you -- all taken from the book.

Well… she’s back. The second edition is out. And this is what we read about the book on Amazon:

Projects and work environments are becoming increasingly complex, with more stakeholders, dispersed teams and an unprecedented rate of technological change. In order to adapt to this complexity and find new opportunities to innovate and build a high performing team, project managers must shift their mindset to one of project leadership. The Power of Project Leadership explains how to generate positive results for projects and clients while growing as a leader and empowering the team to fully contribute.

The book focuses on 7 keys to help you transform from project manager to project leader. And to help you along on that journey, we are going to open up her book and take a closer look at Key #5 Build Trust with Stakeholders and key #6 Use Powerful techniques.

And just like back in episode 309 we have a lot of great tips for you -- all taken from the book.

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Cornelius Fichtner

Today, we are shining a spotlight on Professional Development Units (PDUs).

More precisely, we are going to review the PMI Talent Triangle™ and how this triangle affects the way that you need to earn your PDUs. And if you are a project manager who holds a certification from the Project Management Institute (PMI)® then you know about PDUs, because you need them for your certification renewal every three years.

And just to be absolutely clear: you need PDUs only after you have passed your exam. If you are still studying for your certification, then you need what PMI® calls Contact Hours.

So our focus right now is on the PDUs that you need after you pass your exam. Also, I know that most of you are certified Project Management Professionals (PMP)® so I’ve chosen my examples to be primarily about PMP PDUs. You need 60 PDUs for PMP renewal for each recertification cycle once you have passed your exam. Most project managers earn a mixture of free PMP PDUs and PDUs they pay for to ensure they meet the requirements and use quality sources for their professional development.

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Sierra Hampton-Simmons

As a project management trainer, I have always focused not only on teaching my students how to pass their exams but also on how to become better at what they are doing. Yes, of course, I want you to pass your exam and become certified but I always strived to ensure that what I teach helps you to better lead your projects and deliver them successfully for your stakeholders.

And that is why I think the changes that the Project Management Institute (PMI)® is making to the Project Management Professional (PMP)® exam on July 1st, 2020 is a good change, even though they could have managed the roll-out a bit better.

With this update, PMI® is moving away from the five current and somewhat ‘technical’ domains and shifts the focus of the exam to test a candidate’s knowledge of, and experience in the skills necessary to actually lead and manage a project. Specifically, the three new domains are People, Process, and Business Environment.

But why am I telling you all of this when we have a guest for you who is much more qualified than I am: Sierra Hampton-Simmons (LinkedIn Profile). Sierra has nearly two decades of experience as an expert in Certification Management and joined PMI in late 2013. Currently, she serves as the Portfolio Leader/Head of Certification Products. This means that she is responsible for the entire portfolio of Certification Products including the PMP® exam. So she’s the perfect person to discuss both the background and nature of the changes. You’ll even get to hear that PMI is making changes to the type and style of questions a candidate will see during the exam itself.

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Sierra Hampton-Simmons

Are you by any chance thinking about becoming a Certified Associate in Project Management (CAPM)®? Well then, you are in for a treat today because the Project Management Institute (PMI)® is currently in the process of making a number of exciting changes to this exam and we review all of them.

There are some technical change - for example you will encounter two new question types on the exam - and PMI® is also making it easier for everyone who is and will be CAPM® certified if you decide to apply to take the Project Management Professional (PMP)® exam.

And here to talk us through these changes is no other than Sierra Hampton-Simmons (LinkedIn Profile). Sierra has nearly two decades of experience as an expert in Certification Management and joined PMI in late 2013. Currently, she serves as the Portfolio Leader/Head of Certification Products. This means that she is responsible for the entire portfolio of Certification Products including the CAPM certification. So she’s the perfect person to talk to about this.