Project Management

Gabor George Burt - congress openning keynote

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Gabor's topic was about re-imagining boudaries and reshaping the future of our organizations. The overall speech is inspiring.

I will keep in mind the following challenge. Let's take 1 minute to create a team of 3 to 4 people around you and formulate a strategy for winning a contest of correctly guessing the flip of a coin the most time in a row...

The exercize is fun and easy to reproduce at your customer or at your PMI chapter event.

Now imagine that each flip represents a critical milestone in your project. Suppose you have 50% of change to succeed at each milestone. This means that you have 50% of chance to be successful at the first one, then 50% to succeed at second one, etc.. Should the project have 12 milestones, you only have 0.025% to be successful the all project...

   - 1 flip (milestone in your project)  => 50% to be successful

   - 2 flips => 25%

   - 3 flips => 12.5%

   - ...

   - 12 => 0.025%

 

Posted by Yves Cavarec on: May 01, 2017 03:40 AM | Permalink

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