The Project Management Podcast

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Today's topic is project business, which is what you get when companies organize their primary business activities in projects. They are sometimes called project-based, project-driven, or project-centric companies.

In particular, we are introducing The Project Business Study Book. The study book is a free, 118-page introduction to Project Business Management.

Joining us today are Oliver Lehmann and Martin Berneburg from the Project Business Foundation. I'm sure that they can give us a much better definition of what exactly project business is. In particular, we'll learn how it affects us, project managers' required skills when we manage a project that is considered part of project business versus when we manage one that isn't.

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Organizations are successful based on their ability to achieve strategic goals. However, too many organizations waste time and money on developing strategy but don’t achieve their goals.

What goes wrong?

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This episode is the first of three in which Cornelius Fichtner explores the following four project management principles that were introduced by the PMBOK® Guide Seventh Edition:

• 1. Stewardship - Taking care of your project
• 2. Team - Building a solid team culture
• 3. Stakeholders - Engaging stakeholders brings success
• 4. Value - Delivering what's important

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Our topic today is the Project Management Professional (PMP)® exam. And if you are a regular listener of The PM Podcast, then you know that I am a PMP® trainer and that my company offers PMP training. Therefore, spoiler alert, in this episode, my guest and I will not only help you get ready for the exam, but we will also be mentioning the PMP products and services that we offer to our students. So expect some promotions.

And my guest is Jeff Furman. He's been on the show previously, and today, we are going to talk about his new book "Boost Your PMP Score: Learn The Keywords In Sets: 2nd Edition: For PMP 2021".

The book's idea is that when you study for the PMP exam, you will come across many concepts, topics, and key ideas that seem to come in pairs. For example, the "project baseline" and the "performance baseline". They are related, but not quite the same. And in his book, Jeff gives you the list of these and an approach of how to make learning these more fun.

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We are recording more and more of our episodes as videos and then make them available to you in both video and audio-only format. In this episode, we show you how to watch the video version of The PM Podcast.

Spoiler alert: Click the "Play video episode" link that you see above.