PMI Talent Triangle® Has Changed! The Complete Guide To Know How This Impacts You.

PMI Talent Triangle® Has Changed! The Complete Guide To Know How This Impacts You.

First, the PMP Examination Content Outline (ECO doc) changed, then PMP exam changed, and now PMI Talent Triangle is changing.

I’m sure you have many questions, such as –

  • How does this impact my PMP preparation?
  • How does this change the way I report PDUs after attaining PMP?

We shall answer these questions in a bit.

First, let’s understand what’s going on.

What is PMI Talent Triangle®?

The world is constantly changing. New industries, new types of projects, new methodologies, new approaches.

This means that the project managers need to constantly upgrade their skills to learn the newer ways of managing projects.

One of PMI’s goals for PMP certification is to keep it updated with the latest and evolving best practices of project management. So the PMP professionals have the knowledge to prepare themselves for the industry demand.

PMI understood that the industry demanded more from a project manager than just the ability to manage projects.

Hence, in December 2015, they introduced a new concept: PMI Talent Triangle.

Let’s call it PMI Talent Triangle® 1.0, now that we have a new version.

PMI Talent Triangle 1.0 introduced in 2015

It shows the 3 key areas (Image courtesy PMI.org) where the project manager is expected to contribute to the organization, including areas beyond the strict boundary of project execution.

1. Technical Project Management

This represents the core competency of the project manager.

To be able to manage projects in terms of various knowledge areas, such as cost management, scheduling, procurement, risk management, and so on.

This is a critical skill set required to efficiently and effectively manage a project.

PMI defined the following skills & competencies from the project manager under Technical Project Management arm –

  • Agile practice
  • Data gathering and modeling
  • Earned value management
  • Governance
  • Lifecycle management
  • Performance management
  • Requirements management and traceability
  • Risk management
  • Schedule management
  • Scope management
  • Time, budget, cost estimation

2. Leadership

Gone are the days when the project manager would use command-and-control ways to manage projects.

Especially in domains where the work is done by people using their gray cells and not machinery.

Teams need to be led more than managed.

So the leadership skills are an essential part of project manager’s armament. The manager must be able to let the team see the vision of the project, motivate them to work towards the greater good.

Be an inspirer.

A coach.

3. Strategic and Business Management

This could be a tiny bit outside the core competency expected from the project manager.

The idea is that a project is connected to the organizational strategic and business goals. And thus, the project manager must be able to not only understand how the project contributes to the business, but also be able to contribute to the business.

Such understanding is essential in the fast-changing world, where projects might need to pivot quickly based on changing stakeholders needs, business needs, or even market conditions.

It is essential that a project manager be able to analyze factors such as the market conditions, legal and regulatory compliance, and so on.

PMI defined the following skills & competencies from the project manager under Strategic and Business Management arm –

  • Benefits management and realization
  • Business acumen
  • Competitive analysis
  • Customer relationship and satisfaction
  • Legal and regulatory compliance
  • Market awareness and conditions
  • Operational functions, such as finance, marketing

Why is PMI Talent Triangle® changing?

Let’s call the new one, PMI Talent Triangle® 2.0

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