Guessing is not a strategy: How to build decision velocity with AI and real-time data
June 10, 2026 | Live Webinar
Back to Basics
Andy Jordan is President of Roffensian Consulting S.A., a Roatan, Honduras-based management consulting firm with a comprehensive project management practice. Andy always appreciates feedback and discussion on the issues raised in his articles and can be reached at [email protected]. Andy's new book Risk Management for Project Driven Organizations is now available.
I suppose that as a true PM, I should write an article about why project management can’t be cut back in tough economic times--that an investment in project management will save the company money in the long run because it can deliver tremendous economic benefits in the greater scheme of things.
I don’t deny that’s true, but we are all living in the real world. Companies don’t have as much money to spend--and whether we like it or not, project managers are just as likely to be impacted by cutbacks as any other profession. So let’s not complain that it’s shortsighted and naïve. Instead, let’s deal with the reality.
The scenario and the learning curve
Rather than focus on the impact of cutbacks on your project team, let’s focus on the impact on you--the project manager. One of the most likely scenarios is a reduction in the number of project managers that a company has to manage the projects. If you are one of the survivors then the likelihood is that you will have more projects to run, which means fewer hours each week to dedicate to each one. You have to make sure that you focus on the aspects of the project where you can have the most impact. At the same time you have to get up-to-speed on the projects that you have just assumed control over.
I’ll come back to the priorities in a minute, but…
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"Things should be made as simple as possible, but not any simpler." - Albert Einstein |