Wed, 16 Jan 2019 23:10:00 GMT Game Theory in Management https://www.ProjectManagement.com/blogs/273316/Game-Theory-in-Management Modelling Business Decisions and their Consequences Whippersnapper Advantage #23: They Are More Likely To Recognize When They're Standing Next To A Tin Woodman https://www.ProjectManagement.com/blog-post/50617/Whippersnapper-Advantage--23--They-Are-More-Likely-To-Recognize-When-They-re-Standing-Next-To-A-Tin-Woodman Tue, 15 Jan 2019 02:46:09 GMT In the classic film The Wizard of Oz (1939) there’s a scene that takes place in the Wicked Witch’s castle, where Dorothy, the Scarecrow, the Cowardly Lion, and the Tin Woodman (and Toto, too!) are cornered in the castle’s great room, with halberd-armed guards advancing menacingly t... What's With The Push To Complete (One's) Training? https://www.ProjectManagement.com/blog-post/50446/Whats-With-The-Push-To-Complete--One-s--Training- Tue, 08 Jan 2019 02:55:44 GMT I was casually watching a Star Wars movie marathon a while back, and was struck by how often the practitioners of the Dark Side of The Force (“Sith”) would articulate a desire to complete the training of the young Jedis, Anakin and Luke Skywalker. What was so obviously missing in their n... "And The Winner Of The Next PM Innovation Prize Is..." https://www.ProjectManagement.com/blog-post/50239/-And-The-Winner-Of-The-Next-PM-Innovation-Prize-Is-- Tue, 01 Jan 2019 05:41:19 GMT In previous blogs I have referenced the old saw of “Quality, availability, affordability: pick any two” as it applies to Project Management. This week I would also like to pull in a discussion of Thomas Kuhn’s groundbreaking book The Structure of Scientific Revolution (University o... What Are The Odds Of Being Irrelevant? https://www.ProjectManagement.com/blog-post/49816/What-Are-The-Odds-Of-Being-Irrelevant- Tue, 18 Dec 2018 03:02:43 GMT I had the distinct honor of taking several classes from the brilliant scholar William C. Dowling, who taught at the University of New Mexico prior to his teaching career at Rutgers. Professor Dowling had a simple test for evaluating any given sentence’s syntax, which he nicknamed “SAS,&r... What Is Santa Claus Bringing Your PMO? https://www.ProjectManagement.com/blog-post/49482/What-Is-Santa-Claus-Bringing-Your-PMO- Tue, 11 Dec 2018 02:57:06 GMT The saint at the heart of the Santa Claus story is Saint Nicholas, who actually lived in the third and fourth centuries A.D., and was known for his acts of philanthropy (ProjectManagement.com’s theme for December). One of the most widespread stories about him involves a poor man with three dau... For Project Managers, Philanthropy Begins At Home https://www.ProjectManagement.com/blog-post/49331/For-Project-Managers--Philanthropy-Begins-At-Home Tue, 04 Dec 2018 03:10:26 GMT Okay, GTIM Nation whippersnappers, listen up. Back when I was first learning the ropes of PM there was a simple elegance about the way the types of budget were established and managed. Once the proposal was won and the negotiations settled, the customer would fund the Contract Budget Base, or CBB (t... Getting Tired Of Playing The Role Of Cassandra? https://www.ProjectManagement.com/blog-post/49019/Getting-Tired-Of-Playing-The-Role-Of-Cassandra- Tue, 27 Nov 2018 02:37:14 GMT I don’t know what it is about Project Controls Specialists – the data gatherers, processors, and deliverers of information in the PM world – that their reports are often held in lower regard than, say, the data from the action item listing. It’s strangely reminiscent of the c... Business Analysis: It's All About Whom You Believe https://www.ProjectManagement.com/blog-post/48844/Business-Analysis--It-s-All-About-Whom-You-Believe Tue, 20 Nov 2018 03:08:03 GMT Okay, GTIM Nation, it’s time for another payoff grid (yaaaah)! Last week I discussed the problems presented when a project’s cost/schedule performance system was relaying information showing that a project was in trouble, but its principals rejected that insight, or even attempted to cov... Refusing to Accept Zuzu's Missing Petals https://www.ProjectManagement.com/blog-post/48572/Refusing-to-Accept-Zuzu-s-Missing-Petals Tue, 13 Nov 2018 03:13:35 GMT I believe that we all overly dependent on our experiences. We become familiar with how certain scenarios unfold, and tend to expect similar results from analogous situations whenever we encounter them. Of course, each time these scenarios proceed as expected, it reinforces the notion that our formul... The Sure-Fail PMO Implementation Approach https://www.ProjectManagement.com/blog-post/48348/The-Sure-Fail-PMO-Implementation-Approach Tue, 06 Nov 2018 03:59:36 GMT According to 4pm.com, organizations can see a project failure rate as high as approximately 70%.[i] Bad as that is, according to a research paper by McKinsey and Company and the BT Centre for Major Programme Management at the University of Oxford, 17 percent of IT projects fail so badly that they th...