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Project Management 411

Archive for April 2008

April 10th, 2008

What You’re Reading About: Innovation, Carbon Trading, PMOs, and Wow Factors

Thanks loyal readers! You have verified, and are therefore perpetuating, my desire to be eclectic in the pursuit of project management topics. Here are your top choices this month. Strange that the first one outpaces the others by a 3:1 margin- must have something to do with you having a nose for innovation. Check these […]

By Bob Turek -- 4 comments

April 9th, 2008

The Links That Keep Me Going

Time to thank the latest top links to my blog. These are sites that are obviously very popular whose readers somehow find their way to projectmanagement411.com. I appreciate that they exist, remain popular, and increase the quality of the blogosphere. So- check ‘em out:
- http://www.copyblogger.com
- http://www.b5media.com
- http://www.stumbleupon.com
- http://slackermanager.com
- http://lifedev.net
- http://myhealthcare.com
Project management applies to […]

By Bob Turek -- 0 comments

April 8th, 2008

Boomers Replacing Boomers? YES!

Rita at boomer survive-thrive guide writes about, you guessed it, boomers surviving and thriving. She remarked on my post dealing with hiring older workers to replace the baby boomers. Our interesting and informative discussion follows:
RITA: One solution to finding workers to replace retiring baby boomers is to hire boomers who aren’t retiring. On my blog, […]

By Bob Turek -- 2 comments

April 7th, 2008

PMOs Should Harness ALL Projects, Not Just IT

Strategy+Business’ article on the experience of the NBA’s CIO mused about what makes a CIO a strategic leader in a business (image source: www.cuttergallery.com by John Marsh). Surprisingly, they did not stress how a Project Management Office (PMO) can help harness and focus ALL projects (IT and non-IT) in a business. The focus on how to […]

By Bob Turek -- 0 comments

April 6th, 2008

Are You Letting Demand Side Projects Slip?

Strategy+Business’ article on “The Practical Visionary“, with this excellent illustration by Paul Wearing, introduces Michael Gliedman, CIO of the NBA as the “model 21st century CIO”:

“…he is training his focus on the demand side of the IT business equation, where the needs of the business are paramount, rather than spending most of his time on […]

By Bob Turek -- 0 comments

April 5th, 2008

Is Cost-Benefit Analysis Appropriate for Complex Decisions?

Strategy+Business does a good job of covering viability of cost-benefit analyses. The bottom line appears to be that pure cost-benefit analysis may only apply in the simplest of situations:
It is inadequate for evaluations of interventions that will affect many different dimensions, such as markets, economies, health, the environment, and endangered species. Cost-benefit analysis is also […]

By Bob Turek -- 0 comments

April 4th, 2008

Cost-Benefit Analysis Stifles Innovation

There is quite a revelation in the Strategy+Business piece on cost-benefit analysis:

…the data is often framed to protect existing industries and technologies and discourage innovation…..

Their example of two industry reports presented to OSHA that estimated costs of noise abatement at $31.6B and $11.7B respectively reveals that the reason was that one study completely ignored new, […]

By Bob Turek -- 0 comments

April 3rd, 2008

Cost Projections Consistenly Inflated by US Government

A Strategy+Business article on the myth of cost-benefit analysis reveals how the government has consistently gotten cost estimates wrong:

A February 2004 analysis by Ruth Ruttenberg & Associates for the Public Citizen Foundation concluded that in 30 years of federal regulatory activity, the U.S. government had consistently inflated cost estimates for health, safety, and environmental protections. […]

By Bob Turek -- 0 comments

April 2nd, 2008

Quantitative Analyses Are NEVER Neutral?

Strategy+Business’s article on cost-benefit analysis reveals that any data used for this purpose must be tempered by non-quantitative considerations:

“…no matter how clever the mathematics, certain key inputs in a cost-benefit analysis cannot be translated into economic value. Security and safety, the preservation of wildlife and open spaces, the reduction of fear in a community, and […]

By Bob Turek -- 0 comments

April 1st, 2008

A Great Quarter for Projectmanagement411: January Thru March 2008

Businesses end quarters with summations of performance. Projectmanagement411 is no exception. Here are my monthly summation post links which will give you very quick access to about 90 posts on what I found interesting to write about. I hope they interest you:
January 2008 Projectmanagement411 Was Fascinating!
February 2008 Sum Up: From Hardware Death to Managing a […]

By Bob Turek -- 0 comments