Project Management

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Do you believe that your success in managing projects is influenced by luck, as described by the concept of regression to the mean?

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Eduard Hernandez
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Product Operations Program Manager Barcelona, Cataluña, Spain
In his book "Thinking, Fast and Slow," Daniel Kahneman discusses the idea of regression to the mean, which suggests that extreme outcomes (whether unusually good or bad) are often followed by more moderate ones. This phenomenon can make it appear as though success or failure is due to factors beyond our control, like luck, rather than our own abilities. For example, a CEO might be praised for a company's strong performance, but Kahneman argues that this success often has more to do with luck than with the CEO’s leadership.

The same concept can apply to project management: even the best-laid plans can be affected by unexpected events, market shifts, or team dynamics that are out of a project manager’s control.

So, when thinking about your own experiences managing projects, how much do you attribute your success to luck versus your skills and decisions? Are there times when you've noticed your projects succeeding or failing due to factors beyond your control?
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Verónica Elizabeth Pozo Ruiz RYLAI Access Control Quito, Pichincha, Ecuador
I believe that goals are achieved with preparation and dedication, that is the essential ingredient, but a small part that determines success comes from what we call "luck." For me, it is a blessing from God, who fulfills his will.
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