572 episodes

5 Minutes Podcast is a Ricardo Vargas creation that intends to present and debate the main news and themes in the project management field, in a practical and easy way.

5 Minutes Podcast with Ricardo Vargas Ricardo Viana Vargas

    • Business
    • 4.5 • 35 Ratings

5 Minutes Podcast is a Ricardo Vargas creation that intends to present and debate the main news and themes in the project management field, in a practical and easy way.

    Forensic Planning: Using Project Management to Address Claims, Disputes and Litigations

    Forensic Planning: Using Project Management to Address Claims, Disputes and Litigations

    In this week's episode, Ricardo talks about Forensic Planning, explaining that this is an area of ​​Project Management widely used for claims, litigation, and lawsuits.

    Often in capital projects or large projects, delays and other types of disruption happen when parties disagree on which side is responsible.

    This type of work attempts to assess and support the parties in the solution and identify the root cause of the problem. For example, analyzing whether that delay could be avoided or not or whether the cost overrun can be repaired by one of the parties or not.

    Ricardo explains that the traditional concept of Gantt chart or critical path analysis is being used in courtrooms, moderation panels, and measurements to address this type of dispute between stakeholders through forensic planning.

    He also ends with a challenge. Why can't other types of projects benefit from this type of approach?

    Listen to this week's #5minpodcast to learn more.

    • 5 min
    What are The Top 3 Values Project Management Brings to an Organization: The Elevator Pitch

    What are The Top 3 Values Project Management Brings to an Organization: The Elevator Pitch

    In this week's episode, Ricardo talks about the three central values ​​that project management brings to the organization that you could talk about in a brief speech in an Elevator Pitch.

    The first: Project management is one of the most powerful tools to organize your workflow and prevent chaos from setting in. Regardless of the approach used, project management will define the criteria that will manage the flow of work within the organization.

    The second: Ensure an alignment between the effort undertaken and the delivery of value. It is necessary to understand the objective and benefits that the project will bring to your client and your organization. Project management defines the value chain and measures the benefits.

    The third: Mitigate project risks. Project management naturally helps to reduce risks, as there is a defined workflow.

    Listen to this week's #5minpodcast to learn more.

    • 4 min
    What We Can Learn from Netflix Roller Coaster

    What We Can Learn from Netflix Roller Coaster

    In this week's episode, Ricardo talks about the latest news published in the press about the streaming service Netflix, which, upon announcing the first reduction in the number of subscribers to the platform in the last ten years, suffered a devastating drop in the value of its shares.

    Netflix's value dropped from more than 300 billion dollars at the end of 2020 to 89 billion after the announcement. It is a 70% drop, and to give you some perspective, this loss is four times the value of Warner Bros. (owner of HBO) and the same value as Walt Disney Co.

    This shift brings us to question why such a disruptive company can have such a dramatic shock, expected only for "startups" or companies in traditional segments and at significant risk of being overshadowed.

    Given this scenario, Ricardo reflects on three lessons we can learn from these events:

    1. The relevance of understanding potential inflection points that change the direction of a business or market.

    2. The understanding that projects and initiatives behave much more like a roller coaster than a highway, where fluctuations will happen.

    3. Understand that past success is not a proxy for future success.

    Often, your project can hit such a dramatic inflection point that it can cause you to change an entire segment.

    Listen to this week's #5minpodcast to find out more.

    #VUCA, #Strategy, #Risks #complexity

    • 7 min
    There is No “One Size Fits All” Solution: The Importance of Tailoring

    There is No “One Size Fits All” Solution: The Importance of Tailoring

    In this week's episode, Ricardo talks about customizing methods and approaches in project management.

    He explains that we insist on finding a solution that solves all the problems in the project, but in reality, there is no "One size fits all." No methodology or approach is universally perfect for all scenarios, and the nature of the project and the very definition presuppose something unique.

    Today we have several project management approaches and methods that create a set of principles that guide our behavior towards the project.

    Ricardo makes an analogy with a toolbox, where we need to know and have different techniques to make the toolbox solve the organization's problems in a more versatile way.

    Listen to this week's #5minpodcast to learn more.

    • 5 min
    What is Round-Robin Brainstorming?

    What is Round-Robin Brainstorming?

    In this week's episode, Ricardo talks about the Round-Robin Brainstorming technique.

    Ricardo explains that with this technique, everyone participates by analyzing, confirming, and questioning the other participants, and he makes an analogy between a football championship, where all teams play each other.

    Round-Robin prevents the dominant personality from conducting the brainstorming in a direction other than the collective of the group doing the brainstorming.

    Ricardo explains the 6 steps to perform this technique and comments that it looks a little like Crawford's Slip technique, but it differs in the construction of ideas, where you develop your idea based on the idea of the colleague next to you.

    Listen to this week's #5minpodcast to learn more.

    • 6 min
    The World of Inflexibility is Over

    The World of Inflexibility is Over

    In this week's episode, Ricardo talks about flexibility and inflexibility when planning something.

    We often have the mindset of planning, executing, and controlling something so that it must go exactly as planned. Any variation in the plan is bad and should be avoided, this is inflexibility, and all we don't have today is predictability, showing that the world of inflexibility no longer exists.

    Ricardo explains that we need to have a broader range of decision-making regarding changes, to be flexible, and teams have to seek as much autonomy as possible.

    And finally, Ricardo gives three tips for you to have a team with more autonomy, more flexibility, and more conditions to adapt to this changing environment, that is, to be anti-fragile, which are:


    Invest in knowledge and understand the cause-and-effect relationships.
    Work with principles rather than processes.
    Measure the result by the ability of people to work together and produce the expected deliverables.


    Listen to this week's #5minpodcast to learn more.

    • 7 min

Customer Reviews

4.5 out of 5
35 Ratings

35 Ratings

JulieAnderton ,

Excellent!

A lot of helpful and original content, delivered concisely. Thank you!

annevins ,

Senior Project Manager

Very thorough advice in 5 minutes

Fan 9876 ,

This is a great PM podcast!

I listen to this podcast often as I am a student studying project management and love it.

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