Guide to PMI Talent Triangle

Obviously, achieving your professional aspirations and goals takes a lot of hard work, dedication, and commitment. However, you cannot rely on a single skill to climb up the career ladder as it is all about the combination of skills. The PMI Talent Triangle points out the blend of skills that are valued by employers, including leadership, technical, and strategic, and business management. In fact, this framework is a beneficial asset that is very essential for your ongoing professional development. This article will cover all the related facts of the PMI (Project Management Institute) Talent Triangle given below.

What is PMI Talent Triangle?

To keep the Project Management professionals updated with recent advancements in Project Management, the CCR program has been introduced and it motivates them to keep up and learn new skills. This requirement is due to the employer’s need for specific skills and industry demands. Moreover, the PMI has discussed with industry experts the skills that are essential for project managers and how to make them more effective. 

What are the Components of PMI Talent Triangle?

As a matter of fact, the Talent Triangle would aid you to build your skills in three different fields. And the PMI Talent Triangle has Evolved as follows.

• Power Skills (formerly Leadership)
• Ways of Working (formerly Technical Project Management)
• Business Acumen (formerly Strategic & Business Management)

As per PMI, these three skill sets are called the Talent Triangle, which applies to all PMI certifications. 

Power Skills

It is very essential to have leadership/power skills to manage the team effectively. These skills aid in giving them a vision by motivating the team members. In fact, leadership is all about winning the attention and heart of the members as a Project Manager. Of course, a leader should be a problem solver and have motivating qualities to stay connected with the team members. Management skills are also essential to getting the project done in an efficient way. You should have the ability to decide who to give a particular responsibility or not. In addition, you should also ensure that the members of the team hold the required skills to accomplish the task allotted to them and they should be given training if you find them struggling.

Ways of Working

As a Project Manager, you should have technical skills no matter what project type. Some of the common technical skills include drawing a network diagram, earned value management, cost management, and procurement. Other technical skills depend on the other aspects and type of the project. You might face difficulties in perceiving the issues and finding a solution if you do not have technical skills. If you do not have these skills, you might lose the respect of your team members. 

Business Acumen

The skills of strategic and business management help you make decisions. They comprise strengths and weaknesses, cost-benefit analyses, legal requirements, market conditions, compliance, and more. Moreover, this management provides an organization with fresh energy for improvement and aids in achieving long-term objectives.

Advantages of Talent Triangle

When it comes to the benefits of PMI Triangle, it makes an individual a strong professional and helps them to expertise to potential employers and demonstrate their skills across the world. It has been found that organizations are getting better project results by keeping their teams on all three arms of this framework. According to the PMI Pulse of the Profession 2017, about 58% of projects are completed on time, 43% are accomplished within budget, and 33% have met original goals. Apart from these, people with all the necessary skills would certainly get a salary bump.

How Can You Earn 60 PDUs that Support the Framework?

Earning PDUs and completing CCR cycles is very easy. Just log in to projectmanagement.com using your valid PMI account credentials. Go to the webinar section and begin observing. You will see that these webinars comply with the framework, and the PDUs will be reported to the PMI automatically. 

Is it Crucial to Know Where PDUs Fit on the Talent Triangle Framework?

There are two reasons behind the importance of knowing where PDUs fit on the framework. Firstly, you have to earn at least 8 PDUs for each side of the Triangle and at least 35 PDUSs across all sides. Secondly, you should develop rounded skills to become a rounded project professional who makes a huge difference to your business. The framework helps you to carry out by ensuring that you undergo wide professional development across a spectrum of topic fields. 

How has the Framework Changed the Reporting of PDU?

When the Talent Triangle was introduced, it has changed the way PMI-certified Project Managers track and monitor their professional development. One of the positive effects is that it allows you to earn PDUs from a huge spectrum of relevant and interesting topics. Moreover, the Project Management professionals have the Triangle’s focus on the wide development of professionals which means that you can take training from a huge range of providers. It also has a positive impact on the way you earn PDUs. In fact, the Project Management Institute lets you earn PDUs from learning among a wider range of delivery mechanisms. You can take the help of online PMP PDU courses and online webinars to claim PDUs for learning. They have their own categories in the PDU reporting system for which they are positively encouraged. 

Methods to Earn PDUs through Education 

It is possible to earn PDUs under the CCR program by selecting from different ways and opportunities provided by PMI which are as follows:

Organizational meetings: The chapters and other third parties of PMI conduct professional meetings on a local basis throughout the year. As these meetings involve educational components, it offers you the opportunity to learn and connect and the PDUS in these meetings are limited to 1 to 2.

Course or training: Educational training courses allow you to earn PDUs by participating in them. It is one of the effective and traditional ways to keep up with your learning. Attending one hour of course or training earns you one PDU, and you have to report every course separately. 

Informal learning: PDUs can also be earned by involving yourself in professional discussions with other PMP professionals while participating or getting mentored in a session of “lunch and learn” with your corporation. 

Reading: As a matter of fact, reading articles, books, blogs, or whitepapers would help you stay informed and support your current professional development. Being valuable content, you can discover numerous reading materials that are associated with PMP Certification. 

Digital or online media: Various online videos, webinars, and other kinds of digital content are accessible online. Technology enables you to customize your education and learning opportunities as per your needs and schedule. 

Methods to Earn PDUs by Giving Back to the Profession

To meet the required PDUs under the CCR program, you must select from one of the following opportunities or ways provided by PMI under the category of giving back to the profession.

Create Content: Creating content is easy by authoring blogs or articles, books, or creating webinars or presentations so that you can share your insight and knowledge with others. Earn 1 PDU by just spending one hour creating the content.

Work as a Practitioner: You can present your skills and knowledge in a practical setting and make use of these competencies to encourage the growth and sustainability of the profession. You can earn a maximum of 8 PDUs per cycle.

Volunteer: You can serve as a volunteer on a PMI committee or team and support the profession and an institute in a wide range of roles. You can also volunteer your domain-related services to other non-profit corporations. You can earn 1 PDU with each hour of volunteer service.

Share Knowledge: By sharing your knowledge and skills, you can enhance the practices and grow the profession necessary to your certified role. For every hour you spend sharing knowledge, you can earn 1 PDU. 

Offer a Presentation: Many situations allow you to share knowledge and give a formal presentation to others associated with your PMP certification. By giving a presentation, you can earn 1 PDU every day. 

Final Words

Being a PMP-certified professional, you must perceive that PMI wants to make sure that the PMP examination accurately reflects the tasks, knowledge, and skills that PMP requires to perform on an everyday basis. Moreover, the PMI concentrates on arranging the exam questions with the most recent Project Management practices in the market. Besides, the CCR (Continuing Certification Requirement) program enables you to keep your PMP certification training by claiming a particular number of PDUs allotted by PMI. Furthermore, you have to meet the needs by pursuing courses and undergoing activities under the categories of education and giving back to the profession. Above all, you have to align your requirements of 35 PDU with the three skill fields under the PMI Talent Triangle called leadership, technical, and business, and strategic management as mentioned above.