Project Governance

In this episode, Ricardo discusses the recent upheaval at OpenAI, likening it to a dramatic chapter from HBO's succession. CEO Sam Altman was fired on a turbulent weekend, leading to speculation and confusion. Microsoft, unaware of the decision, expressed concern. Key researchers resign, and Altman is rumored to return. OpenAI appointed Emmett Shear as CEO, and Microsoft later announced Altman's joining.

In this episode, Ricardo discusses the common practice of calculating Expected Monetary Value (EMV) for risk management. EMV involves multiplying the probability of a risk by its impact to determine the exposure and, in turn, the financial reserves needed. He points out that using EMV for risk reserves is only effective when managing a large portfolio of risks as an insurance company does.

In this episode, Ricardo discusses the standard rhetoric of change in organizations and individuals. While many talk about the need for change, they often struggle to take action. Ricardo emphasizes the importance of understanding the purpose of change and how it benefits individuals and organizations. Without a compelling reason to change, people tend to resist it due to fear of the unknown.

In today's episode, Ricardo guides you through the fascinating world of second-order consequences, focusing on the Cobra Effect. He explores how solutions that seemed reasonable in the short term can sometimes spawn more complex issues in a project environment if not adequately anticipated. Ricardo suggests you rethink your decision-making process and underline the importance of considering all potential outcomes before deciding.

This week, Ricardo discusses the holacratic model in the context of businesses and projects. Organizations following the holacratic model are self-managed and self-organized; there is no manager, and duties are distributed horizontally. In this framework, individuals and groups are empowered by a shared sense of mission and accountability, leading to greater flexibility.

This week, Ricardo discusses three prominent businesspeople whose incoherent actions hurt those who had put their faith in their ideas: Elizabeth Homes of Theranos, Sam Bankman-Fried of FTX, and Elon Musk of Twitter. These persons share many characteristics, including a remarkable charm that has garnered them widespread adulation and the impression that they possess superhuman abilities.

In this week's episode, Ricardo talks about the Law of Diminishing Returns applied to the effort we make to manage projects. We often doubt how much management is worth, and we try to simplify management as much as possible to avoid bureaucracy when we spend a lot of time in meetings or filling out documents and templates without reaching any results.

In this week's podcast, Ricardo talks about leadership and followership and the paranoia of today's society to exclusively focus on leadership. This episode reflects on questions like: Is being a leader the only essential profile for a company? How is the followership in this equation? Don't we all have to develop skills to lead and to be led too? Can a job be done only with leaders?

In this week's episode, Ricardo talks about the difference between compliance and conformity. Compliance and conformity are rules that an organization must always follow. However, the purpose of each is quite different. Often the company decides to follow a specific rule not because it has to but because it is good for the business, such as obtaining ISO certification.

In this podcast, Ricardo, directly from London, talks about the Gartner PPM & IT Governance Summit 2012, meeting to address Portfolio Management and IT Governance. He talks about the main topics discussed at the Summit, especially the strategic value and benefits of selecting the projects aligned with the company's strategy.

In this podcast, Ricardo makes a comparison between monitoring of the project and monitoring of a patient in an Intensive Care at the hospital. He explains that the Project Manager should monitor since the beginning, the project vital signs and based on these signals, identify deviations and take preventive actions for the project remains viable.

In this podcast, Ricardo talks about the importance of good relations between those who purchase the project, who manages and third parties involved in the project. He explains that the trust and respect must be made since early project, so that each party knows their role and their responsibilities.