The Project Management Podcast™

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We welcome Dr. David Hillson to look at project risk management for business leaders and project leaders through the metaphor of a risk hurricane, which David introduced in his book Taming the Risk Hurricane.

Risk management has become a standard part of the strategic tool kit, providing senior leaders with a forward-looking radar to scan the future and give early warnings of approaching threats and opportunities. However, even best-in-class organizations can falter in the face of extreme risk exposure. Special circumstances demand special responses, and extreme risk exposure needs very careful handling. Routine risk management approaches will fall short, but businesses that demonstrate a high degree of flexibility and resilience will have the competitive advantage and the ability to thrive where others fail.

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This webinar is the second of two in which Cornelius Fichtner explores the following four Project Performance Domains that were introduced by the PMBOK® Guide Seventh Edition:

1. Project Work - Managing project tasks
2. Delivery - Transferring project results
3. Measurement - Understanding project progress
4. Uncertainty - Risk is uncertainty that matters

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This webinar is the first of two in which Cornelius Fichtner explores the following four Project Performance Domains that were introduced by the PMBOK® Guide Seventh Edition:

1. Stakeholders - Managing those affected
2. Team - Leading towards success
3. Development Approach and Life Cycle - Building products and managing projects
4. Planning - Designing the path to success

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Join Cornelius Fichtner for the launch of The PM PrepCast Leadership Academy Interviews, our advanced video series on project leadership. If you want to go above and beyond your project management competencies then this masterclass with conversational interviews from 15 distinguished global leaders is for you. Project leadership is not one-size-fits-all, so we built this class with the senior project manager who is on a leadership track in mind.

We'll talk about how the course helps you become a change maker in your organization, win and maintain your team's trust, how to get assigned to more critical projects, but most importantly, create meaningful and lasting change.

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Research shows there are more people managing multiple projects than single projects, and yet there is not much information about it.

To be able to manage big, single projects requires abilities that we, as project managers, have learned and developed over the years; learning about managing various projects is the new ability to learn.

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This episode is the third of three in which Cornelius Fichtner explores the following four project management principles that were introduced by the PMBOK® Guide Seventh Edition:

• 09. Complexity - Limiting effects of system interactions
• 10. Risk - Reducing risk for project success
• 11. Adaptability - Designing processes so you can be nimble
• 12. Change - Readying everyone for what’s coming

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This episode is the first of three in which Cornelius Fichtner explores the following four project management principles that were introduced by the PMBOK® Guide Seventh Edition:

• 5. Holistic Thinking - Taking a systems-view approach
• 6. Leadership - Leading over managing
• 7. Tailoring - Finding the right fit for each project
• 8. Quality - Doing it right the first time

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This episode is the first of three in which Cornelius Fichtner explores the following four project management principles that were introduced by the PMBOK® Guide Seventh Edition:

• 1. Stewardship - Taking care of your project
• 2. Team - Building a solid team culture
• 3. Stakeholders - Engaging stakeholders brings success
• 4. Value - Delivering what's important

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Projects are done by people, and we project managers are responsible to ensure that everyone on the team stays motivated. How do you do that when half of your team works from home (with a barking dog in the background), some sit next to you at their desks, and the rest are in various branch offices around the world? Welcome to the world of managing hybrid and remote projects.

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On 19-Nov-2021 PMI began using the PMBOK Guide 7th edition as one of the ten reference books for the PMP exam. If you are preparing for the PMP exam you probably have questions like: What does that mean for my exam? Do I now have to read PMBOK 7? What about PMBOK 6? Will I need additional training? Is my exam simulator updated for this?

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Today’s workplace has evolved. Yet the strategies to empower employees and teams are still maturing. Join Cornelius Fichtner and Kevin Torf and let them fill this gap by providing a practical framework to inspire teams and keep them accountable for ultimate success. Rather than impose a single method to make you a better project manager, we will look at a flexible strategy that will help you lead confidently, take advantage of all the perspectives on your team, and get the job and project done on time without having to sacrifice quality.

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Organizations are successful based on their ability to achieve strategic goals. However, too many organizations waste time and money on developing strategy but don’t achieve their goals.

What goes wrong?

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Cornelius Fichtner's new book The 50 PMP® Exam Prep Questions Everyone Gets Wrong is now available.

The premise is, that there are some topics everyone gets wrong on the Project Management Professional (PMP)® exam. Being able to answer tricky questions can mean the difference between a pass and a fail. Using data from thousands of mock PMP exams and insights from experienced classroom trainers, he identified, analyzed and explains the project management concepts that most students struggle to grasp.

Buy the book on Amazon.

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Project Business Automation (PBA) is a category of business systems that are designed to integrate and automate the business processes of project-based companies. So if your company is in a project driven industry - for example construction, engineering or professional services - where you work on projects that are paid for by your customers, then having a PBA system is a must.

Click to read.

This is the PDF handout The Definitive Guide to Project Business Automation, which we used as the starting point for much of the conversation of Episode 471.