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	<title>Comments on: Do We Need a Project Project?</title>
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		<title>By: Nigel Wadeson</title>
		<link>http://organizationsandmarkets.com/2007/06/06/do-we-need-a-project-project/#comment-85965</link>
		<dc:creator><![CDATA[Nigel Wadeson]]></dc:creator>
		<pubDate>Tue, 22 Mar 2011 11:40:33 +0000</pubDate>
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		<description><![CDATA[Projects are interesting because of the uncertainties that they involve. For instance, a blue skies R&amp;D project can be contrasted to a production line that faces fairly steady demand for its output.  The production line involves the continuing execution of a well understood process and a fairly steady requirement for a given set of resources. The project involves uncertainties about what exactly is to be done, how it will be done, and how long each part will take - and the need for reworking. This creates incentive problems for the people  and firms involved as there is a need to keep the pressure up on time, budget, and the quality of the output. However, there can be strong problems of asymmetric information. There are also team production problems - each worker&#039;s and each firm&#039;s contribution is affected by the work of others -such as when one firm cannot start work because another is late with its part of the project or a firm faces problems because of the poor quality of work done by others. There are also signficant coordination problems caused by the need to have different resources in place at different and uncertain times. The project schedule has to be revised during the project and the project can be kept waiting for resources that either are not needed at the same times as those originally scheduled or are not available because they have not finished work on other projects at the times expected. Customer requirements can also change during a project which creates further frictions between the firms involved. It&#039;s also worth noting that many projects &#039;fail&#039; having gone over budget, finished too late, and not delivered what was hoped for - though this can result from the work simply having been inherently more difficult and costly than originally expected. The issues of abandonment options (and also options to reduce the project scope) and escalation of commitment are therefore also important.]]></description>
		<content:encoded><![CDATA[<p>Projects are interesting because of the uncertainties that they involve. For instance, a blue skies R&amp;D project can be contrasted to a production line that faces fairly steady demand for its output.  The production line involves the continuing execution of a well understood process and a fairly steady requirement for a given set of resources. The project involves uncertainties about what exactly is to be done, how it will be done, and how long each part will take &#8211; and the need for reworking. This creates incentive problems for the people  and firms involved as there is a need to keep the pressure up on time, budget, and the quality of the output. However, there can be strong problems of asymmetric information. There are also team production problems &#8211; each worker&#8217;s and each firm&#8217;s contribution is affected by the work of others -such as when one firm cannot start work because another is late with its part of the project or a firm faces problems because of the poor quality of work done by others. There are also signficant coordination problems caused by the need to have different resources in place at different and uncertain times. The project schedule has to be revised during the project and the project can be kept waiting for resources that either are not needed at the same times as those originally scheduled or are not available because they have not finished work on other projects at the times expected. Customer requirements can also change during a project which creates further frictions between the firms involved. It&#8217;s also worth noting that many projects &#8216;fail&#8217; having gone over budget, finished too late, and not delivered what was hoped for &#8211; though this can result from the work simply having been inherently more difficult and costly than originally expected. The issues of abandonment options (and also options to reduce the project scope) and escalation of commitment are therefore also important.</p>
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		<title>By: JC</title>
		<link>http://organizationsandmarkets.com/2007/06/06/do-we-need-a-project-project/#comment-41723</link>
		<dc:creator><![CDATA[JC]]></dc:creator>
		<pubDate>Tue, 31 Jul 2007 13:00:08 +0000</pubDate>
		<guid isPermaLink="false">http://organizationsandmarkets.com/2007/06/06/do-we-need-a-project-project/#comment-41723</guid>
		<description><![CDATA[Steve,

Thanks for this link.

I think the survey makes my points adequately.  All classroom and standardized courses, fully accredited, blah blah.

Nothing about how to respond to Murphy&#039;s Law I suspect.  But the devil, as every experienced project manager will tell you, is in the details.]]></description>
		<content:encoded><![CDATA[<p>Steve,</p>
<p>Thanks for this link.</p>
<p>I think the survey makes my points adequately.  All classroom and standardized courses, fully accredited, blah blah.</p>
<p>Nothing about how to respond to Murphy&#8217;s Law I suspect.  But the devil, as every experienced project manager will tell you, is in the details.</p>
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		<title>By: Steve Waddell</title>
		<link>http://organizationsandmarkets.com/2007/06/06/do-we-need-a-project-project/#comment-41716</link>
		<dc:creator><![CDATA[Steve Waddell]]></dc:creator>
		<pubDate>Tue, 31 Jul 2007 12:19:40 +0000</pubDate>
		<guid isPermaLink="false">http://organizationsandmarkets.com/2007/06/06/do-we-need-a-project-project/#comment-41716</guid>
		<description><![CDATA[Interesting post, particularly as our comany is launching a new PM certificate program with a local university this fall.  If you want to learn more about project management training, there is an excellent article given at the PM Global Congress in 2006, entitled &quot;The State of Project Management Training and Education&quot;.  It goes in to great detail, using data from PMI&#039;s REP program, and discusses at length the growth in degree programs worldwide (from less than 10 in 1994 to over 185 in 2005).  You can find it here:  http://www.allpm.com/modules.php?op=modload&amp;name=News&amp;file=article&amp;sid=1479&amp;mode=thread&amp;order=0&amp;thold=0]]></description>
		<content:encoded><![CDATA[<p>Interesting post, particularly as our comany is launching a new PM certificate program with a local university this fall.  If you want to learn more about project management training, there is an excellent article given at the PM Global Congress in 2006, entitled &#8220;The State of Project Management Training and Education&#8221;.  It goes in to great detail, using data from PMI&#8217;s REP program, and discusses at length the growth in degree programs worldwide (from less than 10 in 1994 to over 185 in 2005).  You can find it here:  <a href="http://www.allpm.com/modules.php?op=modload&#038;name=News&#038;file=article&#038;sid=1479&#038;mode=thread&#038;order=0&#038;thold=0" rel="nofollow">http://www.allpm.com/modules.php?op=modload&#038;name=News&#038;file=article&#038;sid=1479&#038;mode=thread&#038;order=0&#038;thold=0</a></p>
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		<title>By: JC</title>
		<link>http://organizationsandmarkets.com/2007/06/06/do-we-need-a-project-project/#comment-39397</link>
		<dc:creator><![CDATA[JC]]></dc:creator>
		<pubDate>Sun, 22 Jul 2007 04:12:58 +0000</pubDate>
		<guid isPermaLink="false">http://organizationsandmarkets.com/2007/06/06/do-we-need-a-project-project/#comment-39397</guid>
		<description><![CDATA[OOPS - didn&#039;t quite get the editing right on this message.  

Plus I wanted to suggest that people like Dick Boland, for one, who has worked with architectural partnerships, and others who have worked with film companies, know lots and lots about PM - yet seem to have had little impact on the discussion of how it does, or does not, differ from what we teach as the principles of management.]]></description>
		<content:encoded><![CDATA[<p>OOPS &#8211; didn&#8217;t quite get the editing right on this message.  </p>
<p>Plus I wanted to suggest that people like Dick Boland, for one, who has worked with architectural partnerships, and others who have worked with film companies, know lots and lots about PM &#8211; yet seem to have had little impact on the discussion of how it does, or does not, differ from what we teach as the principles of management.</p>
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		<title>By: JC</title>
		<link>http://organizationsandmarkets.com/2007/06/06/do-we-need-a-project-project/#comment-39388</link>
		<dc:creator><![CDATA[JC]]></dc:creator>
		<pubDate>Sun, 22 Jul 2007 02:26:20 +0000</pubDate>
		<guid isPermaLink="false">http://organizationsandmarkets.com/2007/06/06/do-we-need-a-project-project/#comment-39388</guid>
		<description><![CDATA[Too bad this blog has gone off the boil - it&#039;s a good topic, as Joe notes with his characteristic good judgment..

Project management as opposed to ?? organization management ??  Temporary management as against permanent management ??  What exactly do we theorists think is different.  The engineers and MIT folks have no different.  For them life itself is a series of projects and so long as you are winning a few more than you are losing, you are ahead.

As a young engineer I was always involved in project management - an entire nuclear submarine on one occasion.  Is it different from managing &#039;an organization&#039; ??  If so how ??  Interesting question.

As Vladimir and ChrisA imply, project management teaching - as opposed to the doing is mostly about planning with maybe some selection thrown in.  Even a tad of political theory.  

You cannot give a PM course without presuming enough certainty in the process to make planning the principal discipline.  

Yet is this what &#039;real&#039; projects are about - obviously not.  The difference between planning in the classroom environment and keeping the real project moving forward in the real and messy world - spite of mega-Murphy events from &#039;unk-unks&#039; to deliberate attempts to mislead on the part of the sub-contractors - is what &#039;real&#039; project managers do.  Anyone here have a house built?

Training people to use a PM software package, in the belief that that is where the challenge lies, is deliberately hoodwinking them into ignorance.  All bait and no switch is you ask me.

If that is the core of the course, it&#039;s a waste of both money and time, but also a deliberate attempt to mislead the students.

How can we teach project management under conditions of uncertainty??  Aye, there&#039;s the rub.  Anyone that cracks that one is sure to become rich and famous, although not published in our journals.

On this note I have to say I heard the most compelling talk on project management in many decades - I was going to say years - at ESADE in May.  It was given by Hans Siggaard Jensen:

http://www.interdisciplines.org/people/authors/hans_siggaard%20jensen

Anyone really interested in the management of real projects could do themselves a favor by contacting him.  The stuff doesn&#039;t publish well - but on the other hand the stuff that publishes well doesn&#039;t relate to the real PM&#039;s problems.]]></description>
		<content:encoded><![CDATA[<p>Too bad this blog has gone off the boil &#8211; it&#8217;s a good topic, as Joe notes with his characteristic good judgment..</p>
<p>Project management as opposed to ?? organization management ??  Temporary management as against permanent management ??  What exactly do we theorists think is different.  The engineers and MIT folks have no different.  For them life itself is a series of projects and so long as you are winning a few more than you are losing, you are ahead.</p>
<p>As a young engineer I was always involved in project management &#8211; an entire nuclear submarine on one occasion.  Is it different from managing &#8216;an organization&#8217; ??  If so how ??  Interesting question.</p>
<p>As Vladimir and ChrisA imply, project management teaching &#8211; as opposed to the doing is mostly about planning with maybe some selection thrown in.  Even a tad of political theory.  </p>
<p>You cannot give a PM course without presuming enough certainty in the process to make planning the principal discipline.  </p>
<p>Yet is this what &#8216;real&#8217; projects are about &#8211; obviously not.  The difference between planning in the classroom environment and keeping the real project moving forward in the real and messy world &#8211; spite of mega-Murphy events from &#8216;unk-unks&#8217; to deliberate attempts to mislead on the part of the sub-contractors &#8211; is what &#8216;real&#8217; project managers do.  Anyone here have a house built?</p>
<p>Training people to use a PM software package, in the belief that that is where the challenge lies, is deliberately hoodwinking them into ignorance.  All bait and no switch is you ask me.</p>
<p>If that is the core of the course, it&#8217;s a waste of both money and time, but also a deliberate attempt to mislead the students.</p>
<p>How can we teach project management under conditions of uncertainty??  Aye, there&#8217;s the rub.  Anyone that cracks that one is sure to become rich and famous, although not published in our journals.</p>
<p>On this note I have to say I heard the most compelling talk on project management in many decades &#8211; I was going to say years &#8211; at ESADE in May.  It was given by Hans Siggaard Jensen:</p>
<p><a href="http://www.interdisciplines.org/people/authors/hans_siggaard%20jensen" rel="nofollow">http://www.interdisciplines.org/people/authors/hans_siggaard%20jensen</a></p>
<p>Anyone really interested in the management of real projects could do themselves a favor by contacting him.  The stuff doesn&#8217;t publish well &#8211; but on the other hand the stuff that publishes well doesn&#8217;t relate to the real PM&#8217;s problems.</p>
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		<title>By: ChrisA</title>
		<link>http://organizationsandmarkets.com/2007/06/06/do-we-need-a-project-project/#comment-33550</link>
		<dc:creator><![CDATA[ChrisA]]></dc:creator>
		<pubDate>Thu, 28 Jun 2007 13:34:58 +0000</pubDate>
		<guid isPermaLink="false">http://organizationsandmarkets.com/2007/06/06/do-we-need-a-project-project/#comment-33550</guid>
		<description><![CDATA[Check out the MIT Sloan collaboration with BP on projects. 

http://web.mit.edu/engineering/news/BP-Projects.html

It is a year long executive education course. The students are real world experienced project managers, dealing with multi-year, multi-billion dollar projects in difficult environments. You don&#039;t need to teach these guys about gantt charts and critical paths, what is taught there is management skills and the technology of management as applied to projects. There are multiple spin off academic reasearch projects resulting from the collaboration.]]></description>
		<content:encoded><![CDATA[<p>Check out the MIT Sloan collaboration with BP on projects. </p>
<p><a href="http://web.mit.edu/engineering/news/BP-Projects.html" rel="nofollow">http://web.mit.edu/engineering/news/BP-Projects.html</a></p>
<p>It is a year long executive education course. The students are real world experienced project managers, dealing with multi-year, multi-billion dollar projects in difficult environments. You don&#8217;t need to teach these guys about gantt charts and critical paths, what is taught there is management skills and the technology of management as applied to projects. There are multiple spin off academic reasearch projects resulting from the collaboration.</p>
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		<title>By: Vladimir Dzhuvinov</title>
		<link>http://organizationsandmarkets.com/2007/06/06/do-we-need-a-project-project/#comment-29480</link>
		<dc:creator><![CDATA[Vladimir Dzhuvinov]]></dc:creator>
		<pubDate>Sun, 10 Jun 2007 16:58:56 +0000</pubDate>
		<guid isPermaLink="false">http://organizationsandmarkets.com/2007/06/06/do-we-need-a-project-project/#comment-29480</guid>
		<description><![CDATA[I don&#039;t know about the MBA courses. But my engineering course (Southampton University, UK) offered modules on project management, risk management and operations research in the final year.

I think engineers should have the possibility to take a course akin to an MBA course for managers. My undergraduate degree equipped me with good technical skills and a fair amount knowledge of what to expect in the industry in terms of teamwork and project management. 

But once you get into a real job you soon see that there&#039;s more to be learned on the latter part. New &quot;non-technical&quot; questions begin to pop up and you may feel a need to sit back and reflect. This is where a follow-up course on project management, specifically tailored for engineers, could come handy.]]></description>
		<content:encoded><![CDATA[<p>I don&#8217;t know about the MBA courses. But my engineering course (Southampton University, UK) offered modules on project management, risk management and operations research in the final year.</p>
<p>I think engineers should have the possibility to take a course akin to an MBA course for managers. My undergraduate degree equipped me with good technical skills and a fair amount knowledge of what to expect in the industry in terms of teamwork and project management. </p>
<p>But once you get into a real job you soon see that there&#8217;s more to be learned on the latter part. New &#8220;non-technical&#8221; questions begin to pop up and you may feel a need to sit back and reflect. This is where a follow-up course on project management, specifically tailored for engineers, could come handy.</p>
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		<title>By: Grace</title>
		<link>http://organizationsandmarkets.com/2007/06/06/do-we-need-a-project-project/#comment-29062</link>
		<dc:creator><![CDATA[Grace]]></dc:creator>
		<pubDate>Sat, 09 Jun 2007 05:35:38 +0000</pubDate>
		<guid isPermaLink="false">http://organizationsandmarkets.com/2007/06/06/do-we-need-a-project-project/#comment-29062</guid>
		<description><![CDATA[Funny that no one mentioned the abuse of Microsoft Project software and Edward Tufte&#039;s attempts to visually describe the complexity of various tasks and milestones in projects.

We often investigate project failures and report lessons learned.  I wrote about one case recently.
http://badmomgoodmom.blogspot.com/2007/06/bohrbugs-and-heisenbugs.html]]></description>
		<content:encoded><![CDATA[<p>Funny that no one mentioned the abuse of Microsoft Project software and Edward Tufte&#8217;s attempts to visually describe the complexity of various tasks and milestones in projects.</p>
<p>We often investigate project failures and report lessons learned.  I wrote about one case recently.<br />
<a href="http://badmomgoodmom.blogspot.com/2007/06/bohrbugs-and-heisenbugs.html" rel="nofollow">http://badmomgoodmom.blogspot.com/2007/06/bohrbugs-and-heisenbugs.html</a></p>
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		<title>By: Eric H</title>
		<link>http://organizationsandmarkets.com/2007/06/06/do-we-need-a-project-project/#comment-28861</link>
		<dc:creator><![CDATA[Eric H]]></dc:creator>
		<pubDate>Fri, 08 Jun 2007 04:51:34 +0000</pubDate>
		<guid isPermaLink="false">http://organizationsandmarkets.com/2007/06/06/do-we-need-a-project-project/#comment-28861</guid>
		<description><![CDATA[&quot;Do you have a better business model?&quot;

Good point (sheepish grin).  How about, &quot;Not trying to ram a pet theory down everyone&#039;s throat just because I wrote a paper on it&quot;?

Which reminds me, have you seen Little Miss Sunshine?]]></description>
		<content:encoded><![CDATA[<p>&#8220;Do you have a better business model?&#8221;</p>
<p>Good point (sheepish grin).  How about, &#8220;Not trying to ram a pet theory down everyone&#8217;s throat just because I wrote a paper on it&#8221;?</p>
<p>Which reminds me, have you seen Little Miss Sunshine?</p>
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		<title>By: spostrel</title>
		<link>http://organizationsandmarkets.com/2007/06/06/do-we-need-a-project-project/#comment-28461</link>
		<dc:creator><![CDATA[spostrel]]></dc:creator>
		<pubDate>Thu, 07 Jun 2007 08:11:54 +0000</pubDate>
		<guid isPermaLink="false">http://organizationsandmarkets.com/2007/06/06/do-we-need-a-project-project/#comment-28461</guid>
		<description><![CDATA[Thanks for even more useful references. Also for the image of begging as a part of TCE.

I probably was a little too easy on the Casson definition of a project. But even if specific resources aren&#039;t tied to the project, there has to be some idea about the size and shape of the resources that will need to be applied. A total budget is the simplest version of such an idea. So if you apply a little poetic license to it, that problem with the defintion fades somewhat.

&quot;Unfortunately, once I started looking into academic treatments of these issues, I found that everyone seems to be trying to turn a pet theory into a consulting career. &quot;  

Do you have a better business model?]]></description>
		<content:encoded><![CDATA[<p>Thanks for even more useful references. Also for the image of begging as a part of TCE.</p>
<p>I probably was a little too easy on the Casson definition of a project. But even if specific resources aren&#8217;t tied to the project, there has to be some idea about the size and shape of the resources that will need to be applied. A total budget is the simplest version of such an idea. So if you apply a little poetic license to it, that problem with the defintion fades somewhat.</p>
<p>&#8220;Unfortunately, once I started looking into academic treatments of these issues, I found that everyone seems to be trying to turn a pet theory into a consulting career. &#8221;  </p>
<p>Do you have a better business model?</p>
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