Since 2007, Ricardo Vargas publishes the 5 Minutes Podcast where he addresses in a quick and practical way the main topics on project, portfolio and risk management.
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This is a show that gives listeners an in-depth knowledge of the project management everyday language.
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This podcast helps you to enhance your knowledge in project management and supports you in your PMP/CAPM preparation
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We help project managers pass the CAPM and PMP certification exams with our fun and interactive online courses.
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This podcast is all about learning and sharing knowledge for PMI® - PMP® certification. We'll use simple language and day to day examples to focus on learning. It will take dedication and grit. HUSTLE! It's Grind season Homie. See you on the other side. All the best. PMI®, PMP®, CAPM®, PgMP®, PMBOK®; and the PMI®; Registered Education Provider logo are registered trademarks of the Project Management Institute, Inc
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Managing Projects in Chaos: 5 Practical Tips for Project Leaders
5:10
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5:10In this episode, Ricardo discusses how to manage projects in chaos, inspired by a conversation with Oleg Konovalov. He highlights how noise distorts reality, making it crucial to see beyond immediate challenges. To navigate the chaos, he shares four key tips: 1) Embrace uncertainty, 2) Prioritize ruthlessly, 3) Stay agile, 4) Overcommunicate, and 5…
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Why Project Sponsorship is One of The TOP Reasons for Project Failure
5:05
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5:05In this podcast, Ricardo discusses how many project failures are due not to technical issues, budgets, or deadlines but to weak project sponsorship. A senior sponsor is not enough if they are disengaged or unaware of the project’s progress. Sponsors are crucial to solving complex problems and providing executive support. Changes in sponsorship ofte…
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Using What-if Analysis to Manage Projects in Extremely Volatile Scenarios
6:57
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6:57In this podcast, Ricardo talks about the importance of what-if analysis in navigating volatile scenarios, such as geopolitical changes or unexpected project disruptions. By anticipating potential challenges—like new taxes, supply chain issues, or key team members leaving—project managers can develop contingency plans to adapt quickly. Ricardo highl…
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DeepSeek: How a small Chinese start-up Shocked Silicon Valley and May Reshape Entirely AI Projects
6:09
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6:09In this episode, Ricardo talks about DeepSeek, a groundbreaking AI application from a small Chinese startup. Unlike other AI models, DeepSeek was trained for just $5.7M—far less than OpenAI’s $100M+ investments—yet it rivals top models like OpenAI’s O1. This breakthrough could disrupt the AI industry, enabling smaller companies to develop advanced …
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How the WEF Global Risk Report 2025 Shapes the Future of Our Projects
7:03
7:03
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7:03In this episode, Ricardo discusses the World Economic Forum’s Global Risks Report 2025. Released annually, this report highlights the most pressing global challenges and trends, shaping discussions at Davos and significantly influencing project management worldwide. Ricardo examines the top risks for 2025, such as armed conflicts, extreme weather e…
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How to Make and Live with Imperfect Decisions in Projects
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9:00In this episode of the #5minpodcast, Ricardo discusses a challenge every project manager faces: making and living with imperfect decisions. He explains that critical project decisions are often open-ended and filled with uncertainty, unlike the straightforwardness of mathematical problems. Ricardo shares three practical tips he uses to navigate com…
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5 Strategies to Boost Your Project Management Career in 2025
12:17
12:17
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12:17Ricardo kicks off the first 5 Minutes Podcast of 2025 with five priorities for project managers to focus on for personal and professional growth. He encourages continuous education, attending impactful events, learning AI, exploring projects outside one's expertise, and strengthening soft skills like crisis management and conflict resolution. Ricar…
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Three Tips to Plan Holidays and Vacation Without Compromising your Project
6:32
6:32
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6:32Ricardo wraps up the year on the 5 Minutes Podcast, discussing recurring project delays during the holiday season, a predictable yet often overlooked challenge. He highlights the importance of planning to avoid issues caused by holidays and vacations, emphasizing that these situations occur annually and can be managed proactively. To address this, …
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Inviting Google’s Notebook LM AI Hosts to Reflect on the 10 Big Ideas For 2025
19:33
19:33
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19:33Ricardo Vargas recently published 10 short videos about the 10 big ideas on his mind regarding what could happen in 2025, essentially exploring trends for the future. In doing so, he wanted to record a podcast reflecting on these ideas, but not just from his own perspective. Ricardo aimed to showcase the disruption caused by artificial intelligence…
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How to Get Insights from Macro Trends and Events and Bring them to Your Projects in 2025
5:48
5:48
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5:48In this episode, Ricardo talks about the importance of evaluating scenarios and macro trends when planning projects. He explains that the end of the year is an ideal time to reflect on retrospectives and forecasts, using a variety of sources, such as The Economist and Wired, for a broad and informed view. Ricardo shares Big Ideas, a series of refle…
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Notre Dame: 5 PM Lessons from History's Most Watched Restoration
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9:46In this episode, Ricardo reflects on the remarkable five-year restoration of Notre Dame Cathedral after its devastating 2019 fire. He highlights five key project management lessons: (1) setting ambitious goals, driven by a bold timeline tied to the Paris 2024 Olympics; (2) unifying diverse stakeholders, managing over €1 billion in grants, ensuring …
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Values at Stake: Lessons from the Artwork 'Comedian' on Product Values, Miscommunications, and Responsibility
10:55
10:55
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10:55In this episode, Ricardo reflects on the sale of Maurizio Cattelan’s artwork The Comedian, a banana taped together with duct tape that cost US$6.2 million. He discusses three lessons that can be applied to projects: (1) the concept of value, highlighting that value resides in the exclusivity of the work, not in the physical object; (2) how communic…
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25 Years of PMI Minas Gerais: Lessons Learned, Personal Reflections, and a Vision for the Next 25 Years
7:37
7:37
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7:37This week, Ricardo celebrates the 25th anniversary of PMI Minas Gerais in this special episode of the 5 Minutes Podcast. Recording from his mother's house in Brazil, he reflects on the collective impact of building this milestone and shares three lessons: remember the path taken, avoid immediacy, and value gratitude. He emphasizes that great achiev…
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When 'Done' Delivers More Than 'Perfect' in Projects
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11:10In this episode, Ricardo discusses the concept of "Done is Better Than Perfect" in project management. He highlights that perfectionism often leads to high costs, delays, and marginal improvements, citing the law of diminishing returns. Emphasizing the importance of MVPs (Minimum Viable Products), Ricardo notes that releasing a functional product q…
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PMP Exam Success: Top Strategies for Answering Questions
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13:30Preparing for the PMP Exam? Learn How to Answer Questions Like a Pro! Taking the PMP exam can be challenging, but with the right strategies, you can tackle any question with confidence! In this video, we’ll break down key techniques for approaching and answering PMP exam questions effectively. 🔑 In this video, you’ll learn: How to identify and focu…
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In Search of the Holy Grail: There’s No Such Thing as a Perfect Project Methodology
6:02
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6:02In this episode, Ricardo discusses the myth of the "Holy Grail" of project management methodologies. He challenges the idea that a single methodology—whether Scrum, PMBoK, or Prince2—can be the perfect solution for all project issues. He emphasizes the importance of using a flexible, adaptable approach, combining elements from multiple methodologie…
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Top Risk Management Tips to Keep Your Project on Track
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6:01Are project risks keeping you up at night? 💤 Don’t worry—effective risk management can make all the difference in keeping your projects on track and successful! 🎯 In this video, we’ll dive into essential tips for identifying, assessing, and mitigating risks so you can navigate challenges with confidence. Watch now and elevate your risk management a…
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Will We Learn from Lessons That Never Existed? How Synthetic Data May Change Project Management
5:04
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5:04In this episode, Ricardo discusses Meta's recent development of a "self-thought evaluator," which uses synthetic data to train AI models instead of real human-generated data. This innovation could transform project management by creating lessons learned and risk insights from simulated, rather than real, projects. Ricardo highlights the potential f…
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This is NOT Your Boss's Problem! Reflections on Value, Success, and Project Results
7:58
7:58
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7:58In this episode, Ricardo reflects on a conversation with a project manager who claimed it wasn’t his responsibility to consider the long-term impact of his project. Ricardo argues that today’s project managers must go beyond delivering on time and within budget. They should evaluate the ethical and societal impacts of their work, ensuring it aligns…
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Beyond Profit: Reflections on Shaping Project Value Through Sustainability
7:47
7:47
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7:47In this episode, Ricardo discusses the concept of value in projects, explaining that true value goes beyond profit. He questions whether delivering projects on time and on budget truly adds value if they do not benefit society. Using the example of building a bridge that “connects nothing to nowhere,” he highlights the importance of sustainability …
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Why I Love Using Daily Scrums for Non-Agile Projects
7:12
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7:12In this episode, Ricardo talks about the benefits of implementing Daily Scrums, even in non-Agile projects. These brief, 15-minute stand-up meetings foster open communication, help teams align, and quickly identify problems. By sharing what they did yesterday, what they plan to do today, and any obstacles, team members enhance accountability and co…
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5% or 40%? Why Job Disruption by AI Doesn’t Matter if You’re Not Ready
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5:37In this episode, Ricardo Vargas explores the growing debate around AI's impact on jobs. Last year, Morgan Stanley predicted that AI would disrupt 40% of the workforce (Link to the Article). Last week, Prof Daron Acemoglu from MIT said that everybody overestimates the impact and that the true impact is only 5% (Link to the Article). But for Ricardo,…
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How to Manage the Insane Volatility of AI Projects
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6:05In this episode, Ricardo discusses the volatility of AI projects. He explains that AI projects face volatility due to rapid technological advancements, constant changes in API connections, and their experimental nature. Regulatory and ethical considerations evolve daily, creating uncertainty about legal and public perceptions. Talent shortages comp…
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Project Charter: What Is It? & How It Can Transform Your Personal Life?
8:04
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8:04Are you familiar with the term Project Charter? 🤔 It’s a critical tool in project management, but did you know it can also transform your personal life? 👉 Watch the video now and learn how this powerful project management tool can be the game-changer you need in your personal growth journey! Tap the link now!!👇 https://youtu.be/8wDwqJeXEM8 In this …
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Mastering Delivery Cadence: Choosing the Right Rhythm for Your Project
6:02
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6:02In this podcast, Ricardo explains the concept of delivery cadence, which defines how and when a project delivers products or services. He describes four types: single delivery (everything delivered at the end, rarely used today), multiple delivery (milestones with variable timing), periodic delivery (timeboxed intervals like sprints), and continuou…
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Boost Team Efficiency & Pass PMP in Your First Attempt – Here's How! | PMP | KalpaTharu Consulting
7:36
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7:36Discover the essential leadership traits every project manager needs to effectively manage Agile projects, predictive projects, and ongoing operations. Learn the key qualities that should be top of mind to tackle people-based PMP exam questions with confidence. #agile #teammanagement #projectmanager #projectmanagement #pmp #pmpexam #pmpexamprep #pm…
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Making Sense of Why We Developed the AI-Driven Project Manager Credential
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5:51In this episode, Ricardo introduces the AI-Driven Project Manager Certification, explaining the rationale behind this certification. He highlights the growing hype around AI, with many project managers using AI terms without understanding the technology. The certification aims to ensure that professionals have the knowledge needed to manage AI-driv…
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