#SOOP-11 #pm_ngt A Project is a set of necessary, sufficient & interdependent tasks that change the world in a way we value But hang on! the PRINCE2 manual and the PMBoK Guide both insist that a project start with a clear view and finish when outputs are transitioned, way before value is created. Hmm so […]
#SOOP-9 The portfolio is ALL uses of equity and debt to return utility to stakeholders
Interactions generate value. Normal operations optimises return on capital in use. When change arrives, we invest – divert – some use of capital from benefit today to benefits tomorrow. If there will be a positive Return On Investment then it makes sense to invest the most possible! Reality is that access to capital is limited. […]
#SOOP-8 #pmngt Process without people (who understand and use it) is valueless
#SOOP-8 #pmngt Process without people (who understand and use it) is valueless While people don’t need process to succeed the opposite is not true – process absolutely demands people to implement it and process is an investment for everyone. For its users there is the study time to learn it and then to apply it – although […]
#SOOP-7 #pmngt Projects need people. People don’t need process, but it improves chance/ speed & size of impact
#SOOP-7 #pmngt Projects need people. People don’t need process, but it improves chance & speed & size of impact There are a lot of ironies in the use of methods (for project management or any other discipline). The first is they increase the costs and amount of knowledge required to deliver results not decrease them. […]
#SOOP-6 #pm_ngt Projects (stages, sprints, work-packages, etc) that don’t change the world are cost without value
#SOOP-6 #pm_ngt Projects (stages, sprints, work-packages, etc) that don’t change the world are cost without value A project burns money to create potential – if it doesn’t deliver a result then the costs were incurred without pay-back – that is either fraud or incompetence Successful projects need a new approach and that approach is #pm_ngt ~~O~~ #pm_ngt Is […]