As we all know that from December 1st, 2015, the PMI has updated its CCR program by including a Talent Triangle concept. This program was developed due to industry demands and employers’ need for certain skills.
The inclusion of the Talent Triangle in the CCR program helps you develop your skills in three areas defined by the PMI. These areas are: technical project management, leadership, and strategic business management, and are collectively known as the Talent Triangle.
The Talent Triangle applies to all PMI certifications, which includes PMP, PMI-RMP, PMI-SP, etc.
The PMI has taken this step after interviewing many industry experts regarding what skills should be included to make professionals more efficient.
Okay now let’s discuss each arm of the cycle in detail.
Technical Project Management
You should have technical knowledge of the project activities that you will need to complete the project. You should know how to calculate the earned value, how to use the schedule network diagram, and you should know about procurement, cost management, etc.
It will be also helpful if you are aware of the other project specifications. For example, let’s say you are working on a pipeline construction project. So in this case you should have technical knowledge about the materials used in pipeline construction and their specifications. You should also have knowledge about welding and various testing methods.
If you do not have knowledge of the project activities, you will face difficulties with understanding their problems, and finding solutions will also be difficult. Moreover because of a lack of technical expertise you may lose the respect of your team members.
So you have seen how technical expertise is necessary to complete a project successfully. If you lack the technical knowledge for the project you may have problems with understanding the project details and technical issues, which may jeopardize the future of your project.
You are a project manager and you will have to lead the team to successfully complete the project. Therefore, you should possess leadership skills. These skills help you develop a vision for your team members and inspire them to achieve the target. Leadership is about winning as a team, not as an individual.
As an effective leader, you should inspire your team members about the future, and give them a vision which ultimately will help you achieve your target. As an effective team leader you should be proactive and a problem solver.
You should also have motivating qualities. At the beginning of a project the team members will have motivation but as time passes this motivation fades away. Therefore you will have to work hard to connect with the team members and keep them motivated till the project end in order to complete the project successfully.
You should also have management skills so you can get your job done. Management skills help you get the job done easily. Here you can decide to whom you should entrust a particular responsibility or not.
As a project manager you will have to ensure that your team members possess the required skills to complete the given job successfully. If they are lacking any skills, you will give them training or coach them yourself.
Strategic and Business Management
Now we come to strategic and business management, which is the third arm of the Talent Triangle.
Strategic and business management helps you analyze business decisions before you implement them. These analyses include cost benefit analysis, strength and weakness analysis, market conditions, legal requirements and compliance, etc.
The goal of strategic and business management is to give an organization fresh energy for its betterment. This helps the organization achieve its long term goals. To secure success, your strategic and business plan must get support from all stakeholders.
In today’s dynamic environment a project manager has to be versatile. Having expertise in one skill is not enough. The PMI’s Talent Triangle is the set of skills that a project manager should possess to successfully complete the project. Technical project management skills help you perform specific functions or tasks, leadership skills help you achieve your organization’s business goals, and strategic business management helps you deliver better business outcomes.
Here is where this blog post on the PMI Talent Triangle ends. If you have something to share, you can do so through the comments section.