Top 10 concepts to tackle PMP Questions

Fishbone/PMO Value Ring/Brutally unpredicted cases as PM

May 11, 2024

Read on LinkedIn / Read time: 5 minutes

Welcome to The Agie Admiral weekly newsletter where I provide actionable ideas to help you build a high-performing Project Management career

In This Issue:

👉 Top 10 concepts to keep in mind while tackling PMP Exam questions

🔮 Root Cause Analysis and the Fishbone Method

📌 What is PMO Value Ring?

🚧 Brutally Unpredicted Cases in Project Management and Effective Mitigations

☝️ Person to follow

💡 Tool of the week

👥 LIVE EVENT: Weekly CAPM & PMP Study Group

👉 Top 10 concepts to keep in mind while tackling PMP Exam questions

→ 2 minutes read, highly recommend to save later

Here are the top 10 concepts I keep in mind to tackle PMP Exam questions:

🔮 Root Cause Analysis and the Fishbone Method

→ 3 minutes read by Ankur

💡 In the realm of program management, identifying and addressing the root causes of issues is paramount to ensuring project success. Enter root cause analysis (RCA) and the fishbone method - powerful tools that enable program managers to delve deep into the underlying factors contributing to challenges and inefficiencies. Let's explore how these methodologies can be leveraged to drive continuous improvement and enhance project outcomes.

Continue reading here → article

📌What is PMO Value Ring?

→ 3 minutes read by Tony

The PMO VALUE RING framework accomplishes this by transforming conventional metrics into profound strategic insights. It offers a structured, eight-step process that guides PMOs through setting up, monitoring, and refining their strategies to ensure alignment with organizational goals effectively. These steps range from defining precise PMO functions to establishing tailored key performance indicators (KPIs) that resonate with both internal stakeholders and broader business objectives.

Furthermore, the methodology prioritizes adaptability, urging PMOs to evolve based on continuous feedback and changing business conditions. This dynamic approach helps PMOs stay ahead in managing projects and resources more efficiently, ultimately leading to improved project outcomes and greater business value.

Continue reading here → article

🚧 Brutally Unpredicted Cases in Project Management and Effective Mitigations

→ 4 minutes ready by Alok

As an experienced project manager for more than 10 years, I have seen more than my fair share of unexpected twists and turns. Projects—like life—are known to throw curveballs when you least expect them. But there is an opportunity for growth and resilience to be developed in the chaos.

1. The Scope Creep Tsunami

The Situation: You're leading smoothly through your project, and then a tidal wave of scope creep comes in, threatening to drown your carefully planned schedule. The entire gantt chart and the start date and end dates looks like going in vein.

Effective Mitigation:

Set Boundaries: Clearly define the project scope from the outset and communicate it to all stakeholders………

Continue reading here → article

☝️ Person to follow

I empower business leaders and project professionals like you to elevate your careers and pave your path to the C-suite through strategic leadership and project intelligence. These aren’t just business skills—they are life skills that transform everything, from my businesses to my personal relationships. That is why most call me the ‘Business Life Strata-cATALYST’—THE STRATEGIC project leader.

Join me to create the career and life you’ve always dreamed of—the life you do not need a vacation from.

Follow and turn on the 🔔 to start building your strategic prowe

https://www.linkedin.com/in/folafalabi/