For your Project Management Professional (PMP)® exam use PMP exam prep on your phone with The PM PrepCast:
Dave Davis, PMP, PgMP, PBA
When we last spoke with Dave L Davis (https://www.linkedin.com/in/dldavispmp) we learned about the basics of benefits realisation and benefits realisation management? We discussed the benefits management process and focused on the important aspect of how all of this fits into project benefits management.
Now that we understand the theory of benefits realization management it’s time to take the next step and ask “How do we actually do all of this”. Luckily, Dave has a lot of experience in applied benefit management and he happily agreed to this second interview, so that we can take a look at a case study.
You’ll hear how we project managers are involved in the overall process, the importance of engaging stakeholders, how to ensure alignment between benefit management and organizational strategy, and of course, we will also look at metrics.
The best Project Management Professional (PMP)® exam prep is PMP Training on your mobile device:
Dani Ritter and Cornelius Fichtner
This interview with Dani Ritter was recorded at the 2016 PMI® Global Congress in San Diego, California. Dani is the Manager, Community Engagement at Project Management Institute and her primary focus is the PM community of www.projectmanagement.com.
In the interview we discuss:
Why projectmanagement.com is at the congress
Its mission and relationship to PMI
How much it costs being a member (spoiler alert: it's free!)
The available resources, some of which are free PM templates, white papers, or webinars
How the community can help you if you have a PM related question
The online games (PM Wars and PM Challenge) that it offers
How members can get the most out of the site
How anyone can earn free PDUs by reading articles and attending virtual events
PDU Tip
This interview is 14 minutes 46 seconds long. This means that you can "legally" not claim any PDUs at all, because the minimum is 15 minutes for 0.25 PDUs. However... if you first listen to the interview and then also visit the site and spend at least 14 seconds reviewing all the great templates that they offer, then you can go ahead and claim 0.25 PMP PDUs in the technical category!
This episode is sponsored by The Agile PrepCast. Get your PMP PDUs:
Dr. David Hillson and Cornelius Fichtner
This interview with Dr. David Hillson was recorded at the 2016 PMI® Global Congress in San Diego, California. We discuss his paper and presentation My Stakeholders are my biggest risk -- help!. Here are two passages from the paper:
Abstract:
Stakeholders can pose a real risk to our projects—at least some of them can—and project managers and their teams need to be aware of this and take steps to control risks to their project that arise from risky stakeholders. As with all risks, stakeholders present both positive as well as negative risks, and we need robust ways of identifying which stakeholders offer opportunities, and where potential threats might lie.
This paper presents a structured way of identifying risky stakeholders based on a best-practice stakeholder analysis model (The Stakeholder Cube). It explains how risky stakeholders might influence a project based on their power, interest, and attitude. Finally, the paper shows how applied emotional literacy can be proactively used to influence risky stakeholders in order to optimize the outcome for the project.
Conclusion:
A risk is any uncertainty that could affect achievement of project objectives. Some of the biggest risks in projects arise from stakeholders, and project managers and their teams need to be aware of these risks and manage them proactively. As with all risks, there are both positive and negative stakeholders, and it is important to identify which stakeholders offer opportunities, and where potential threats might lie—and then act appropriately.
David is retiring and this was his last active participation at a PMI Global Congress in North America. He plans on continuing to attending the EMEA congresses and he has offered to be available for interviews over Skype in the future.
In this interview we talk about managing risky stakeholders, bringing together the disciplines of stakeholder engagement and risk managemetn. You'll hear some useful tips for making sure you're tailoring your risk responses in project management to your project and the stakeholders you work with.
PDU Tip
This interview is 26 minutes long. This means that you can "legally" only claim 0.25 PDUs for listening to it. However... if you first listen to the interview and then also read the white paper on which it is based, then you can go ahead and claim 0.50 PMP PDUs!
This episode is sponsored by The Agile PrepCast. Earn 37 PDUs::
Cyndi Snyder Dionisio and Cornelius Fichtner
This interview with Cyndi Snyder Dionisio was recorded at the 2016 PMI® Global Congress in San Diego, California. We discuss her presentation "PMBOK® Guide -- Sixth Edition: Preview of Coming Attractions". Here is the session description:
A Guide to the Project Management Body of Knowledge (PMBOK® Guide) is being updated as we speak, and the Sixth Edition will soon be published. This session provides insights into the new edition, including a peek at a new chapter on the role of the project manager. For each Knowledge Area, there are new sections describing key concepts, emerging trends, and tailoring considerations, as well as updates to ensure the PMBOK® Guide remains relevant to most projects, most of the time. Come and find out what to expect!
Cyndi was the chair of the team that worked on updating the guide and in her presentation (as well as in this interview) she introduces us to the publication timeline as well as many of the changes that are coming our way. This was of particular interest to me professionally, because the guide is a central text that we use in our PMP certification training for our students.
More About PMBOK 6
If you would you like to know more about what's coming in the new version, when and how it will be released and when the PMP exam will change to the new standard, then please click to visit our PMBOK 6 article.
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