In this week's episode, Ricardo talks about availability bias. He explains that when a risky event is repeatedly exposed on the news or by a group of people next to us, our perception is altered by that exposure, which often makes us lose rationality about the real probability or impact.
One of the examples is the panic seized by the delay of flights all ov ... Show More
Nov 17
My First Impressions about the PMBOK® Guide 8th Edition
<p>In this episode, Ricardo discusses the new edition of PMBOK 8, which brings important changes more aligned with the real work of project managers. Based on nearly 48,000 data points and two rounds of global feedback, it has become more practical, clear, and value-oriented. The ... Show More
5m 43s
Nov 10
Luck, Probability, and Risk: What Is Really Under Your Control in Projects
<p>In this episode, Ricardo discusses the role of luck and probability in project management. He explains that while luck can influence outcomes, it favors those who are prepared. Probability, he says, is not a prediction but a decision-making tool that helps manage uncertainty. ... Show More
5m 34s
Nov 3
Executives Who Don’t Understand Projects Can’t Deliver Results
<p>In this episode, Ricardo explains why executives need to understand the logic of project management to make informed strategic decisions. Projects drive organizational changes, such as digital transformation, new products, entry into new markets, and mergers. Without understan ... Show More
3m 31s
Dec 2022
What Extreme Weather Events Are Doing to Global Insurance Markets
Heatwaves, droughts, hurricanes, floods... in a year of commodity shortages and supply chain disruptions, a host of extreme weather events have added stress to the system. So how do companies address the financial risks associated with these events? Catastrophe bonds and reinsura ... Show More
46m 52s
Apr 2020
Here’s What’s Happening With Those Korean Structured Notes That Bet Against Market Volatility
Earlier this year on Odd Lots, we did an episode about Korean structured investment products that were sold to retail investors, whose performance was tied to various market indices around the world. Crucially, those payouts were premised on there not being a major crash in those ... Show More
40m 38s
Aug 2022
Will air travel ever return to normal?
Images of queues, huge piles of luggage and even pilots loading their planes with cargo have plagued the media throughout the world. Airports have been in chaos for months as they have attempted to re-emerge from the Covid-19 pandemic, with Europe, the UK and the USA all having s ... Show More
24m 47s