PMcrunch

In managing a project or program, we start with an objective, work in the details, get buying, put together a schedule, and implement. Of course, that is a very simplified version of what happens in project and program management but…

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In today’s crazy times, there are cuts and changes effecting all people everywhere. Many of us have seen projects cancelled. Others have actually lost jobs. Some have suddenly seen thier long stable situations turned upside down by a buyout or downsizing or reorganization. The key in dealing with this, I think, is to thirst for the future and not hunger for the past.

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Thomas Edison was the quintessential mistake maker. He believed that the more mistakes he made, the more wrong answers and wrong solutions he could eliminate and, therefore, the closer he came to the correct solution to his problems. In management and on projects, on one hand, we seek to minimize mistakes but it is important to recognize when “mistakes” can actually be beneficial and produce positive outcomes. Indeed, we should not be afraid to make mistakes but rather should try to control and leverage the process. The project portfolio management process is an ideal place to formally do this.

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