Hey guys, welcome to PMP Mindset video series by EduHubSpot. In this video,
I am going to talk about how lessons learned are managed on the predictive side and how lessons
learned are managed differently on the agile projects. But before we do that, I want to make
sure you have this awesome EduHubSpot PMP mindset tool, how to get that. I am going to explain that
to you at the last stage of the video, but before that, I really want you to understand the concept
in detail. So let us first talk about the concept. When you are on the homepage of the tool, click on
lessons learnt. When you click on lessons learnt, we will see the difference between the traditional
and the agile mindset. Let us read that. Lessons learnt on the traditional project,
they are done throughout the course of the project and update the lessons learnt register. Of course,
you want to make sure you update the lessons learnt register throughout the project.
On the agile side, you don't do a lessons learnt meeting, you do a retrospective meeting.
So perform a retrospective to evaluate the methodological progress that has been made.
So it's basically the same thing, but you do it in a much more structured way if you ask me on
the agile side and the technical term for that is retrospective meeting. On the traditional side,
in this manner it can be used to the organization’s future projects,
you update your organization processes, you update the lessons learnt register there.
On the agile side, when you have finished the assignment, you use feedback loops and then take
what you have learned from it and apply it to your next step. So basically on the agile side,
it's a little different. So you take the feedback, what does that mean? Let's say you completed your
first sprint and after the first sprint you did a retrospective session. You talked about
what are the things which went well, what are the things which did not go well and based on that,
you come up with certain points which you need to implement from the next sprint. So on agile side,
I would say lessons learnt are taken care at a much more serious level, not serious,
I would say much more structured level as compared to your traditional
predictive side. So let's do one question. You are a newly appointed project manager
for a social cause project. Your project charter got approved by the project sponsor.
As a project manager, what would be your next step? So your project charter has been approved,
A: Plan a detailed requirement session with all these stakeholders, you can do that. I mean, once
the project charter is approved. You can start creating the project management plan. Technically
if you complete the project charter, you can actually start creating the project management
plan. So I would say out of A and B, B is a better choice than A, so A should be wrong. Let me double
click on A and show you that. So it's a wrong choice. So, so far we have B as the best choice.
C: Identify stakeholders of your project and update the stakeholder register. Yes, I would
say before you create the plan, you will actually identify the stakeholders. So this looks like a
better choice than B even So I will go with C now, but I will double click on B to see whether it's
right or wrong. I double click and it shows that B is wrong. So far I have C as the best answer.
D: Review the lessons learned register of the previous projects. Okay,
now if you see this project, it says, should I identify the stakeholders
or review the lessons learned register. Now, just because I discussed the topic on
lessons learned, maximum people will pick the answer as review the lessons learned register
for the previous project, but that is incorrect. Where did the question said that you have done a
similar project in the past. If it would have written something like that, you would have of
course gone back to the lessons learned register of the previous project, but it's not mentioned.
So it's not necessary that you have done a similar project in the past. So as a methodological sense,
if your project charter is approved, your next step would be to identify the stakeholders
on your project. So your correct answer choice should be C. I double clicked and I got it right.
I can click here to see the answer explanation also. And if you want to hear the video
explanation, you can click on this video to watch the video explanation as well.
Okay. There is another question, which I will not do it for you. I want you guys to practice and how
you can practice this. First, go to the homepage. 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.
I hope you guys liked my lessons learnt video on the mindset series. My next video, we will
talk about documentation. On the other side, you will see my most favorite video, so don't
forget to watch that. I am coming up with videos almost every week now. So stay tuned. Thank you.