Hey guys, welcome to EduHubSpot PMP Mindset video series. In this video, I am going to talk
about Communication and Information Management on predictive projects and on the agile projects. How
the different methodologies, how things are done in a different manner in both the predictive and
the agile projects. So we are going to talk about that. But before we do that, I want you to make
sure you have this awesome EduHubSpot mindset tool and how to get that, I am going to explain
that to you at a later stage of this video. But before we do that, let's go right into the topic.
So when you are at the homepage of the mindset tool, click on the Communication and Information
Management. Okay, let's read it. Prior to sending communications to stakeholders, make
sure to examine their needs and ascertain what they need, how often they need it, and how they
would like to receive it, and who will provide it to them. So that's on your predictive projects.
The Waterfall technique is built on a defined procedures that support effective and accurate
information transfer. Information transfer must be done precisely and formally documented. So I
would say that on the pre predictive side, it's much more structured, it's much more
done in a structured way, the communication and information to be shared with others,
it would be well documented, keep that in mind. And you know that documentation on agile side
is just good enough, barely good enough. The best form of communication is face-to-face interaction.
Utilizing a whiteboard and markers are enablers of clear communication. We all know that face-to-face
communication is always the best, but it does not necessarily mean that you have to do that on
predictive side also, you can prefer face-to-face, but of course, whiteboard markers are used.
Information should always be radiated through the use of large charts and graphs, such as the
use of Kanban boards, burnup or burndown charts. So, on agile side, you have information radiators,
which are used to give that information to stakeholders. It is kept in an area where
it could be clearly visible. Everyone has easy access to it, so that's how information is shared.
On the other hand, on the traditional side, information is very well documented. It is
structured, it is shared through status reports or it is defined in the communication management
plan. So it is different, much more structured way in the predictive side, I would say.
Let's do a question. The product owner has prepared a short,
concise, high level summary of the project's key success factors, its goals, approach,
authorization and purpose to undertake the project etc., to establish a shared
vision among stakeholders, team, and all involved. What is the name of this artifact?
Product Vision Statement, Elevator Statement, Data Sheet, or Charter. Now, clearly, if you see
this question, I am a hundred percent sure that most of the people will actually pick answer A,
which is product vision statement. But the product vision statement is about products vision,
but this question is not really about just the vision. If you see this question, it says, product
owner has prepared a short, concise, high-level summary of the product key success factors,
it's goals, approach, authorization. You don't have authorization in vision statement
or elevator statement or data sheet. I don't know even that is a document.
The purpose to undertake the project, the purpose to undertake is basically your business case. So
all that is actually part of your project charter. So correct answer should be Project Charter.
If you got this question wrong, it is absolutely fine. It is a tough one, not a big deal. I mean,
it is just given to explain it to you. You can see, you can click here to see
the answer explanation. You can also click on the video over here to understand the
question in detail. I have explained that in detail so you can watch it over here also.
Okay, there is another question. If you want to practice it, you can definitely
do that but as you know, I would ask you to go on the homepage first, and I
want you to practice this question on your own. I hope you guys liked my video on Communication
and Information Management as part of the Agile Mindset Series. Next video, I am going to talk
about is risk management, so stay tuned for that. On the other hand, you can watch my most favorite
video over there, and please don't forget to like and subscribe to my YouTube channel. Thank you.
How to get this tool for free of cost. Just go on my website, www.eduhubspot.com. When you
go on my website, you will see two options over there, either bottom right hand side,
you will see an option of chat, like click on that chat option, talk to one of my team member,
or you request a demo, book a demo and you will directly, based on the timeline,
you can connect directly with one of my team member and they're going to set up a 30-minute
zoom call with you. Now, what is the purpose of this zoom call? They are going to explain you how
to use this tool. They are going to understand your background, what you are doing, how you are
doing in your studies, and they will give you some pointers. After the end of that zoom call,
they are going to email this mindset tool for you free of cost. If you are my student or if
you are not my student, you will irrespective of that, you will get this tool free of cost.
Only thing I ask from you is go on my website and talk to them. Give us those 30 minutes,
because ultimately I want to make sure that I am impacting your life, not just by
helping you pass the PMP exam, but you know touching your hearts. That is my end goal.
And please don't forget to like and subscribe to my YouTube channel because I am going to explain
this entire 15 concepts, everything. Like before the real PMP, you have to watch these 15 sections,
wear your PMI hat in order to pass this exam successfully and don't forget to send
me an email when you pass this exam because these emails helped me a lot. It motivates
me a lot to make something as beautiful, like something like PMI mindset tool, which I did.
So I hope you liked the video on project management plan in the Mindset video series.
Next video, I am going to talk about communication and information
management, how it is managed on the predictive side, and how it is managed on the agile side.
On the other hand, you will see my most favorite video. If you want to watch it, please go and
click on that, and please don't forget to like and subscribe my channel. Thank you.