The Talent Triangle

The Talent Triangle®, created by Project Management Institute (PMI) is a way to describe the skills needed in project management. The triangle is divided into three parts, Business Acumen, Ways of Working, and Power Skills.

Let's first discuss the elements of the Ways of Working part of the triangle. This includes the various technical techniques used to manage projects. For example, this can include tools for scheduling, budget management, and collaboration. It also includes the different project methodologies, such as Waterfall methods and Agile methods (both of which you'll learn about in this course).

Second, Power Skills refers to the variety of "soft skills" needed to be successful at project management. They include things like effective communication, emotional intelligence, leadership, negotiation skills, conflict management skills and the ability to adapt and change in a variety of situations.

Business Acumen skills refer to one's ability to make good decisions that are in alignment with organizational goals and strategy. It might include understanding internal and external factors of the business environment, strategic thinking, ability to understand financial information and use that information to make decisions. Business Acumen skills can also include the ability to manage and assess risks and be aware of market changes that could impact the project.

As you consider a career in Project Management, which talent skills do you want to work on? Which ones are you already good at? 

To read more about the Talent Triangle® and the skills needed to be successful, visit the PMI website.

Source: Laura Portolese
This work is licensed under a Creative Commons Attribution 3.0 License.