
Why PMP Still Matters After 30 Years in Project Management Experience | Olajumoke Akinwunmi
Culture, People, Programs, Risks: Leadership Redefined | Lucie Ellis | vCare PgMP Success Story
Join me for an extraordinary webinar with Lucie Ellis, SHRM-SCP, PgMP, RMP, Prosci, PMP, A-CSM, MS, an internationally acclaimed Senior Executive Leader and Portfolio Director from New York, USA, who will be the keynote speaker. This webinar is designed to inspire and empower senior professionals in project, program, and portfolio management.
Key topics include:
• Leadership Strategies for Integrating People, Programs, and Risks for Long-Term Success
• Future Trends and Emerging Technologies in Portfolio and Program Management Leadership
• Human-Centered Leadership in Risk Management and Organizational Culture Development
• Leveraging Empathy and Communication to Build High-Performing Teams
• Cultural Considerations in Global Risk Management and Program Execution
• Aligning Portfolio and Program Objectives with Organizational Strategic Goals Using KPIs and Benchmarks
Attendees will benefit from Lucie’s expertise while earning 1 PDU and a special discount on vCare’s upcoming PMP®, PgMP®, and PfMP® programs. Don’t miss this chance to redefine leadership and elevate your career!
🔗 Reserve your spot now: https://bit.ly/3VXv4mW
Session Date: Thursday, 20th February 2025
Session Time: 10:00 AM – 11:00 AM (PST) / 12:00 PM – 01:00 PM (CST) / 11:00 AM – 12:00 PM (MST) / 01:00 PM – 02:00 PM (EST) / 03:00 PM – 04:00 PM (BRT) / 06:00 PM – 07:00 PM (GMT) / 07:00 PM – 08:00 PM (CET) / 09:00 PM – 10:00 PM (AST)
🚀 Elevate Your Project Management Career:
– Book an obligation-free consultation session on Project Management Career, training, and certifications: http://talktodharam.com
– Discover training offers and certification discounts: https://bit.ly/3jWVepD
– Stay updated with our Q&A series and certification success stories by subscribing to the vCare Project Management YouTube channel at https://bit.ly/2YF0wJl
– Follow my podcasts and interviews with Project Management Experts on YouTube at https://bit.ly/2NDY8wd
#LeadershipRedefined #PgMPWebinar #ProgramManagement #PortfolioManagement #RiskManagement #ProjectLeadership #HumanCenteredLeadership #EmpathyInLeadership #AskDharam #DharamSingh
🚀 Thriving in the Digital Age: Must-Have Qualities for Project Leaders 🚀
Equip yourself with the essential leadership qualities to navigate disruption and drive project success. The 7 Essential Qualities of Project Leaders in the Digital Age are:
1️⃣ A human with a “Magical wand”
2️⃣ Continuous learning & fail-fast attitude
3️⃣ Strong affinity for novelty
4️⃣ Work smarter than harder
5️⃣ Breaking industry boundaries for a shared future
6️⃣ Better Understanding of Innovation & Creativity
7️⃣ Never consider digital as the only outcome.
In the ever-evolving digital landscape, these essential leadership qualities are not just beneficial, they’re crucial. They’re the key to not just surviving, but thriving in the digital age and preparing for the future. These qualities empower project leaders to transcend industry boundaries and foster innovation for a shared future.
Ready to Lead Projects in the Digital Era and Elevate Your Project Management Career?
– Register for my upcoming PgMP/PfMP Success Story Webinars: https://bit.ly/4aVhrd6 / https://bit.ly/4aycVBj
– Book an obligation-free consultation session on Project management Career, training, and certifications: http://talktodharam.com
– Discover training offers and certification discounts: https://bit.ly/3jWVepD
– Stay updated with our Q&A series and certification success stories by subscribing to the vCare Project Management YouTube channel at https://bit.ly/2YF0wJl
– Follow my podcasts and interviews with Project Management Experts on YouTube at https://bit.ly/2NDY8wd
#ProjectLeadership #DigitalTransformation #ProjectManagement #FutureOfWork #Innovation #ChangeManagement #ContinuousLearning #Agile #LeadershipDevelopment #AskDharam
Program/portfolio managers must make significant and minor decisions in the ever-changing project management environment. In many instances, their judgments and actions due to their more critical decisions may significantly influence their well-being and the prospects of clients and team members. Moreover, such decisions can impact the very nature of our jobs and even the lives of others who rely on them.
As equal to decision-making, problem-solving skills are essential in project management. Problem-solving is a project management skill that combines creative thinking and strong analytical abilities to assist effective problem solutions. This skill allows the project leader to look at challenges from a different angle and assist in designing and implementing successful solutions for making great decisions.
It’s easy to understand how, in problem-solving, recognizing simple solutions to complicated challenges might benefit the project and the company. Still, not all competent Project Leaders are capable of doing so. To be an effective problem solver and decision maker, the program/portfolio manager must possess specific skills and techniques to manage the project successfully.
All managers and other interested stakeholders must have a thorough grasp of decision-making in project management. The project will only then be able to progress toward the final delivery phase while maintaining the established timelines. The project runs a significant risk of stagnating or moving extremely slowly in this absence.
However, many businesses need help on several fronts because they need to recognize the value of decision-making in their management teams.
A McKinsey survey found that roughly 80% of professionals thought their firms’ decision-making processes could have been more efficient. Furthermore, the firms that demonstrated superior decision-making skills and topped the survey had better financial and performance outcomes.
Why Efficient Decision-Making Matters for Firms
Decisions need to be made regularly in project management. Most are minor, but others are significant and will determine whether the project succeeds or fails. The same applies to program/portfolio management. Final choices can be reached using either an intuitive or logical method or a combination of the two. More intricate conclusions typically need a more formal, systematic approach incorporating intuition and reasoning. Not all decisions are the same. Management must make many decisions during a project, and each decision-maker is unique. The most common ones are listed below:
Decision-Making Types in Program/Portfolio Management
Programmed decisions are concerned with problems of a repetitive nature or routine type matters. For example, decisions of this type may pertain to purchasing raw materials, granting leave, and supplying goods to the employee. Non-programmed decisions are made in challenging situations with no clear solution. These decisions need more attention, resources, and time and are usually made at a higher level.
Routine decisions affect the overall operation of a project and can be made rapidly. Within the broad policy framework of the project manager or the organization, ample powers are granted to lower ranks to make these decisions. However, strategic decisions are essential and affect objectives, organizational goals, and other important policy matters. These decisions usually involve a program’s orientation or huge investments in portfolios, are non-repetitive, and are taken after careful analysis and evaluation of alternatives.
Portfolio managers make policy decisions that have a long-term impact on the functioning of the concern. For example, decisions regarding how many projects can be run each time according to the budget are policy decisions. On the other hand, operational decisions relate to the day-to-day functioning or operations of the business. Middle—and lower-level managers make these decisions. For example, decisions concerning the payment of bonuses to employees are operational rather than policy decisions.
When an individual decides their responsibilities and tasks within the project, it is an organizational decision. But, if the individual decides on personal matters, it’s a personal decision. The authority to make organizational decisions may be delegated, whereas personal decisions cannot.
A decision related to increasing the number of resources by 50% is a major decision. A minor decision, for example, is that the superintendent can purchase office stationery.
When an individual decides within an organization, it is known as an individual decision. However, when it comes to more crucial decisions, more stakeholders need to engage and assist in making a decision. Therefore, it is interesting to investigate in which cases a project manager should involve other project members.
Project managers frequently employ additional measures to support the validity of their decisions. While the fundamental concepts remain the same, hundreds of distinct ways and tools are available. A mixture of these strategies can also be employed to make better decisions. Project managers would benefit from knowing which are appropriate and applicable in any given situation.
Decision-making Tools and Techniques
Decision-making is an acquired skill rather than an inherent one that is in high demand in the workplace. However, employers consider it an appealing trait as it signifies a good leader. Therefore, demonstrating your decision-making abilities can help you advance your career and accomplish company objectives and goals.
Here are some of the benefits of making correct decisions:
Importance of Decision-Making
Ineffective decision-making requires some time and depletes the motivation of those engaged. The less time you waste making rapid decisions, the better. When it comes to running a business, time is money. Wasting time is the same as wasting money.
When management excels at making decisions and developing good ones, it will boost the workforce’s productivity. Employees will be motivated, for one thing, since they know where the organization is heading. They will strive with the conviction that their efforts will succeed. All time is preserved because the management team is convinced that their activities will correctly guide their organization.
The key is to recognize the opportunities in front of you and be able to act on them. If there is a great demand for a product in the market and your firm can offer it, wrong or delayed decision-making may prevent you from focusing on it. On the other hand, poor decision-making can make opportunities appear non-existent.
A manager’s failure to make strong, fair decisions can lead to workplace conflict. Conflicts in the lower tiers also occur when management needs to be more assertive and leave more decisions to their employees. Good decision-making skills can prevent employee conflicts regarding which idea is better for their team or how to maintain a project.
Project leaders can become role models and show their employees they are good decision-makers. As a result, employees will trust and follow them confidently, even in the darkest times. When their staff feels that they trust their decisions at every moment, they are more likely to develop new innovative ideas that could benefit the overall business.
Several critical considerations must be made when implementing successful marketing campaigns. Decision-making is the most important factor in developing strategies and making them stand out. No matter how good the products or services are, the firm will only reach its full potential if it can effectively advertise its brand.
Everyone has an equal right to participate in the management of the organization. This aspect fosters a spirit of teamwork and solidarity among those who work there, improving the organization’s overall productivity and strengthening its general structure. Decision-making allows individuals working in an organization to convey their ideas equally.
The importance of decision-making in problem-solving is apparent and an essential component of efficient project management. A project manager’s capacity to make sound decisions and solve problems correctly is critical since it influences organizational functioning. Problem-solving and decision-making are sometimes inextricably linked; one must better decide to solve a problem.
Problem-solving is a key skill that makes one an excellent project leader. Problems are unavoidable when it comes to project management. Because we all encounter similar scenarios in our everyday lives, what makes a difference is knowledge and how well we use it to tackle a present or looming problem. In project management, problem-solving and resolution are strategic processes. As a result, one won’t be able to master that talent overnight. Instead, it requires incremental learning, using a framework, and preserving some critical factors.
When potential employers discuss problem-solving, they aim to assess how team members use this talent to assist decision-making in the company’s day-to-day operations. Here are four reasons why problem-solving skills are vital in the workplace:
Why are problem-solving skills necessary?
Efficient problem solvers may thoroughly examine consumer requirements and devise a strategy that allows them to give outstanding service to their intended audience. Their expertise is in simplifying procedures by eliminating bottlenecks.
Problem-solving and creative thinking are inextricably linked. Finding a dynamic and innovative solution to a problem is not a matter of finding an instant solution but a dynamic and innovative solution. This mindset assists the company in staying ahead of the curve and gradually improving the workforce’s competence.
When an issue emerges, it must be resolved as soon as possible. Employees with strong problem-solving abilities are laser-focused on what is critical to the organization, can roll with the punches, and can meet tight deadlines.
Effective planning is a necessary problem-solving ability. Problem solvers may respond rapidly to short-term circumstances while keeping an eye on the future. Their positive approach toward learning agility enables them to foresee future challenges based on prior experiences, industry trends and patterns, and current events.
Complex problems might be challenging to solve, yet difficulties can be addressed when the correct tools are used. Aside from sophisticated management tools, here are some tools and technologies that can help with problem-solving approaches in your everyday work.
Problem-solving Techniques
Problem-solving skills enable firms to seek and recruit intellectually equipped personnel who can handle anything their professions throw at them. Problem solvers can watch, assess, and act quickly when the situation demands it- without negatively impacting the business. The following are the top problem-solving skills in the workplace:
Top problem-solving skills in the workplace
Problem-solving requires the ability to make decisions. One can only solve it if one fully comprehends the issue and decides to take action. Decision-making abilities enable experts to rapidly choose between two or more solutions after weighing the benefits and drawbacks of each.
Communicating the problem and offering remedies vocally and in writing is an art in and of itself. However, proper communication ensures that solutions are implemented successfully and that all parties engaged in the disagreement agree.
Open-mindedness is the readiness to explore new ideas and look at things from a new viewpoint. When faced with an issue, consider all of its viable solutions. Being curious and observant allows one to be a better problem solver.
Almost all problem-solving scenarios need analysis, such as predicting, critical thinking, or troubleshooting. Analytical skills allow one to comprehend the situation better and generate effective answers based on facts and data.
Collaboration is essential for keeping communication lines open, problems cooperatively addressed, and the team aims before personal ambitions.
Team dynamics are important in problem-solving because they allow one to work together with others toward a common objective.
The majority of problems start modestly. Creative program/portfolio managers are responsible for finding solutions as quickly as feasible. The longer they wait, the worse the situation will get.
They may break out of that cycle with a strategic problem-solving framework and quickly find solutions to difficulties using ideal project management automation technology. However, making decisions is crucial to solving problems. Making decisions may be a painstaking process in project management. However, the decisions made inside the team significantly impact a project’s success.
In the future of employment, net new jobs will be created at the same pace as dying jobs. Human talents such as creativity, decision-making, problem-solving, invention, and critical thinking will become more in demand as technology replaces employment requiring repetitive and boring operations. Organizations that get a head start on measuring these human talents in their workforce now and provide strategic learning and development opportunities to upskill them will gain a competitive edge as we enter the Fourth Industrial Revolution.
Jobs we will never see coming will rise rapidly in the future of work (or what many call “The Fourth Industrial Revolution”). The “proper” professional path or education of an ideal individual for these professions will not be clear. We will need to quantify people’s human talents to position them in positions; not only are these skills transferable across unconventional career choices, but these distinctive human skills will also be protected against automation.
Thus, advanced certifications like PMP®, Agile, PgMP®, and PfMP® certifications can help one develop project management skills, be a good problem solver, be a more competitive candidate for positions, and be a successful project leader. In today’s competitive business world, one must be skilled and experienced to succeed and grow one’s career.
🎉 Celebrating Excellence in Program & Portfolio Management! 🎉
It’s time to celebrate the incredible achievements of a dedicated group of professionals. Congratulations to each of you who obtained your PgMP® and PfMP® certifications with the guidance and support of vCare Project Management from July to September 2024! 🚀
Many professionals will now find inspiration in your success, highlighting the effectiveness of vCare Project Management’s training and mentoring programs.
Thank you for embarking on this journey with us.
vCare’s Global Reach:
🎓 Supported 515 PgMP®s across 55 countries
🎓 Supported 145 PfMP®s across 30 countries
Join us in celebrating the success of PgMP & PfMP achievers with vCare Project Management. Start your journey today!
🌟 To Aspiring Certification Candidates Worldwide:
If you’re a Project, Program, or Portfolio Management Professional looking to boost your career, let this success story inspire you. Although the journey towards certification can be challenging, it is worth embarking on with the right guidance and support. At vCare Project Management, we are dedicated to being a part of your success story by providing you with the necessary expertise and support to help you achieve your goals.
🔍 Looking Ahead:
Accompany more professionals on their learning journey and support their growth and achievements in the upcoming years. Here’s to a year of success stories!
🚀 Elevate Your Project Management Career:
– Register for my upcoming PMI Certification Success Story Webinars:
1. Proven Portfolio Management Strategies featuring Scott McLeod – https://bit.ly/3Mx38kN
2. Dual PfMP & PgMP Success: Strategic Insights with Peter Kazimir – https://bit.ly/3ztTywc
3. From PMP to PgMP: Project to Program Management Transition featuring Moayad Alkhatib – https://bit.ly/4gLja8o
– Book an obligation-free consultation session on Project management Career, training, and certifications: http://talktodharam.com
– Discover training offers and certification discounts: https://bit.ly/3jWVepD
– Stay updated with our Q&A series and certification success stories by subscribing to the vCare Project Management YouTube channel at https://bit.ly/2YF0wJl
– Follow my podcasts and interviews with Project Management Experts on YouTube at https://bit.ly/2NDY8wd
#PgMP #PfMP #vCareProjectManagement #PfMPExamPrep2024 #PgMPExamPrep2024 #vCareSuccess #CertificationJourney #PMI #PfMPSuccess #PgMPSuccess #PgMPCourse #PgMPTraining #PgMPPreparation #PfMPCertification #PfMPCourse #PgMPCertification #PfMPExam #PfMPTraining #ProjectManagement #PortfolioManagement #ProgramManager #ProjectManager #ProgramManagement #PMICertification #PortfolioManager #ProjectLeaders #CareerGrowth #GlobalProfessionals #SuccessStory #GlobalPMCommunity #ProjectLeadership #PMITraining #InspiringSuccess #AskDharam #DharamSingh #DharamSinghPgMP #DharamSinghPfMP
🚀 Why Pursue PMP After 30 Years in Project Management? 🎙️
I had the privilege of speaking with Olajumoke Akinwunmi, EDGE Expert, PMP®, and Co-Founder of Alitheia Capital, in the first episode of our latest podcast series: “Innovative Project Management Practices.”
🔹 What made her pursue PMP after nearly three decades in project management?
🔹 How has PMP helped her refine her approach to managing real estate and investment projects?
🔹 What role does PMP play in establishing credibility, mentorship, and stakeholder management?