Hi All, This week on the #5minpodcast, I want to talk about one of the most underestimated factors in project success: Project Sponsorship. Many projects don’t fail because of technical issues, budget constraints, or missed deadlines. They fail because of weak or absent sponsorship. Too often, we assume that having a senior sponsor means the project is set up for success—only to realize later that the sponsor is just a name on paper, rarely involved, and disconnected from the actual project challenges. This reminds me of the incredible work of Alfonso Bucero, Ph.D, PMP, PMI-RMP, PfMP, PMI Fellow in his book Project Sponsorship, where he explains the importance of having an engaged and accountable sponsor. A great sponsor isn’t just a signature on a document—they actively support, protect, and guide the project, ensuring it stays on track and delivers real value. 🔗 Listen to the full episode here: https://ricardo-vargas.com/podcasts/why-project-sponsorship-is-one-of-the-top-reasons-for-project-failure/ Let’s always remember: Strong sponsorship is not a luxury—it’s a necessity. 🎯 Have a great week! Ricardo #ProjectManagement #Leadership #ProjectSponsorship #PMP #BusinessStrategy #FutureOfWork #CareerDevelopment #Innovation #PMBOK #AIinPM #Resilience #Collaboration