Project Management

Free Market PM: The Mindset

David Schmaltz is a project manager in Takoma Park, Maryland.

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The final article in this six-part series describes the entrepreneurial mindset and energy at the root of free market projects. You probably have it, according to the author. Whether you're willing to exercise it is an entirely different issue.

Editor’s Note: Part I of this series introduced the concept of Free Market Project Management, comparing centrally planned economies with centrally planned projects and finding similar patterns. Part II, “Creating Currency,” proposed the creation of a currency that holds real value for a project's “economy.” Part III, “Unfixing Prices,” compared price fixing with estimating, and presented a free market technique for unfixing the price of projects. Part IV, “Leading Indicators,” considered how free market project management monitors activity. Part V, “The Trading Floor,” explained how free-trade principles could create remarkable project results. In the final article of the series, the author describes the entrepreneurial mindset behind the free market PM concept.
 
 
“There are at least two kinds of games. One could be called finite, the other infinite. A finite game is played for the purpose of winning, an infinite game for the purpose of continuing the play.” — James Carse, Finite and Infinite Games
 
Over the last five installments …

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"Only those who have been in the frying pan are really qualified to talk about the heat."

- Winston Churchill

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