5 Minutes Podcast with Ricardo Vargas
Business:Careers
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.
Ricardo explains that according to the law of diminishing returns, the project's results will improve with the increase in a management capacity. But we must find an optimal management level that maximizes results, not paper production.
We often create a more bureaucratic control process with more effort due to a paranoia we have with risks and a perception that everything needs to be controlled. With this, we reach a point of diminishing returns, where we spend more to have less.
Listen to the #5minpodcast to find out more!
Conflict of Interest and the Impact in your Project: 5 Ethical Principles to Be a Great Steward
How to Support Future Generations for a World Based in Projects
Some Considerations About Project Delivery Approach: Predictive (Waterfall), Hybrid or Adaptive (Agile)
Why Do We Often Ignore the Obvious?
Why "Stakeholders" is a Principle and also a Performance Domain in the PMBOK 7th edition
Peter Principle of Incompetency
PMBOK®️ Guide 7th Edition - Performance Domains - Part 3/3
PMBOK®️ Guide 7th Edition - Principles and Standards - Part 2/3
PMBOK®️ Guide 7th Edition - Overall Structure - Part 1/3
Your Example is Your Best Leadership Skill
Sometimes it is Too Early to Be Late and Too Late to Be Early: Understanding ASAP and ALAP
3 Tips for Aligning Divergences in a Project in Crisis
The Paranoia of Control Can Kill Your Project
3 Features of Agile that I Love
What is Your Exit Strategy?
How to Manage the Pain of the End: Understanding Project Closure
The "Burnout" Portfolio
Why Did I Choose Working with Projects?
Understanding the Differences between Product Owner, Scrum Master and Project Manager
3 Tips to Find Our Way Out of the Labyrinth of Imperfect Information
Create your
podcast in
minutes
It is Free
The Commercial Edge: Unleash the Power of People
The emPOWERed Half Hour
Reaching your Goals
Insights@work
Business Dad
The Ken Coleman Show
The Cardone Zone