Top 10 concepts to tackle PMP Questions

Top 10 concepts to tackle PMP Questions

Fishbone/PMO Value Ring/Brutally unpredicted cases as PM

Read on Substack: AgileAdmiral/ 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.dhirubhai.net/in/folafalabi/


Growth Tips

Course

Innovation

Leadership and management

? Leadership and willpower

Career

? 3 Hard-Hitting Questions You Must Ask After An Interview


Tool of the week

The Predictive Intelligence Solution for Project Health

TrueProject predicts project problems before they become the catalysts of project failure so you can ensure project success every time.

  • Accurate health and status of all projects
  • Data integration for complete project overview
  • Flexible monitoring with customizable dashboards
  • Informed decision-making with real-time insights
  • Better collaboration among teams
  • 360-degree view based on soft and hard data


LIVE EVENTS:

CAPM Study Group → Date: May 15, 2024

Topic: 8 Weeks Study Plan

Link to event: https://www.dhirubhai.net/events/capm-weeklystudygroup-topic-tbd7192992727007981569/


PMP Study Group → Date: May 16, 2024

Topic: I failed PMP, what’s next?

Link to event: https://www.dhirubhai.net/events/pmp-weeklystudygroup-topic-tbd7192989595469266944/


PMP Study Group → Date: May 16, 2024

Topic: Project Integration Management

Host: Torge Oeverdiek

Link to event: https://www.dhirubhai.net/events/pmpexamstudygroup-projectintegr7194406087456894978/



?? Recommendation zone

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Want to learn more from me? Check this out:

???FREE CAPM/PMP Exam Prep Flashcards - Update January 2024

??♂??AGILE Mindset to PASS PMI Exam’s by 1st Try

???How to Study for CAPM & PMP Exams - (Free on YouTube)

???8 weeks PMP Exam Prep** Program -?1-on-1 Coaching

???8 weeks CAPM Exam Prep**?Program -?1-on-1 Coaching



Gerhard Costa Pinto

Project Manager and PMO Specialist | MSP | Agile PM | PMQ

9 个月

Thank you for sharing this Gabor Stramb! ?I find the PMO Value Ring framework's emphasis on strategic alignment, comprehensive performance measurement, and continuous improvement particularly valuable. Excited to explore how it can enhance PMO performance in dynamic business landscapes!

???Fola F. Alabi

Global Authority on Strategic Leadership Shaping Project Management & Tech |??Keynote Speaker | Pioneering Neuroeconomics In Strategic Leadership?—Closing the Strategy to Value Gap | Top 10 PM Leader | Doctoral Candidate

10 个月

Gabor Stramb keep up the great work.

Alok S.

Project Management with AI |SaaS |CSV-CSA |Project Delivery |Quality |Business Analysis |Operations |GxP |LifeSciences |SSGB |CSM |Casual Blogger |Bridging the gap between business and technology|Traveler

10 个月

Many thanks Gabor Stramb for considering my most researched article.

Ankur G.

Program Manager | IIM Indore | Startups Enthusiast

10 个月

Thanks Gabor Stramb for considering my article. Feels good I could be of help for the community ??

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