The Project Management Podcast

Episode 394: Project Management is Hard. Complexity Makes it Even Harder. (Premium)

07.12.2017 - By Cornelius FichtnerPlay

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This episode is reserved for subscribers of the Premium Podcast. Learn how to subscribe to the Premium Podcast to access this interview and transcript... For your Project Management Professional (PMP)® exam use PMP exam prep on your phone with The PM PrepCast: Jordan Kyriakidis, CEO of QRA Corp One thing that every project manager notices over the course of her or his career is this: We begin with managing relatively simple projects. Here we learn about the theory of project management, its good practices and how to apply them. And as we get better we are assigned to bigger and more important projects. But in recent years you may have begun to notice that even though your projects may not have become any bigger their complexity has never the less steadily been increasing. In other words, if you took a project you managed 5 years ago and repeated it today in exactly the same way then the one thing that would definitely change is the complexity caused by an increase in interdependencies. And that’s where Jordan Kyriakidis (https://www.linkedin.com/in/jordankyriakidis/) and I are starting this interview. We are exploring why complexity is increasing, whether it is actually real or just a perceived problem, and what you can do about it. PDU Tip This interview is 29 minutes long. This means that you can "legally" only claim 0.25 PDUs for listening to it, because in order to claim 0.50 PDUs the interview must be 30 minutes long. However... if you first listen to the interview and then also read Jordan's related white paper, then you can go ahead and claim 0.50 PMP PDUs! Click to download the white paper Episode Transcript Below are the first few pages of the transcript. The complete transcript is available to Premium subscribers only. Podcast Introduction Cornelius Fichtner:   Hello and welcome to this Premium Episode #394. I’m Cornelius Fichtner. As always, Premium means that this interview is reserved for you, our Premium subscribers. Thank you very much for your financial support of the Project Management Podcast™ One thing that every project manager notices over the course of her or his career is this: We begin with managing relatively simple projects. Here we learn about the theory of Project Management, its best practices and how to apply them and as we get better we are assigned to bigger and more important projects. But in recent years, you may have begun to notice that even though your projects may not have become any bigger, their complexity has nevertheless steadily been increasing. In other words, if you took a project that you managed five years ago and repeated it today in exactly the same way then the one thing that would definitely change is the complexity caused by an increase in interdependencies and that’s where Jordan Kyriakidis and I are starting this interview. We are exploring why complexity is increasing, whether it is actually real or just perceived and what you can do about it. Enjoy the interview. Female Voice:   Project Management Podcast Feature Interview. Today with Jordan Kyriakidis, CEO and co-founder of QRA Corporation. Cornelius:   Hello, Jordan. Welcome back to the Project Management Podcast™ Jordan:  Thank you. Thank you for having me back. It’s a pleasure to be here. Cornelius:   In our first interview we talked about Natural Language Processing, the word complexity came up a couple of times so we decided to follow it up with an interview on the increasing project complexity and how it’s impacting us project managers. How do you define complexity yourself in the context of Project Management? Jordan:   Well, that’s like a four-month long course (laughs). Can I go just on complexity? Cornelius:   OK. We have thirty minutes (laughs). Jordan:   I’ll give a closed notes version. There’s many measures of complexity. Some simple measures which I think are not very good is the budget, the length of the project, whether you’ve do

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