More from: Project Management






The Project Management Project (B7)

The PPA Schema   Orchestrating principle.  The PPA philosophy takes a holistic approach to the management of projects.  It emphasizes the organizational, procedural and executive facets of a firm’s corporate makeup.  In PPA, project management is much more than plans, processes and procedures, as shown in Figure 2.2.  The success of a project requires a […]


The Project Management Project (B3)

Focusing on the wrong thing TPM: traditional project management PPA:  profitably performing asset Constraint trifecta (budget-schedule-quality) Valunomy vs cost effectiveness.  When a project is managed in accordance with the constraint trifecta discussed in a previous article (the ubiquitous cost-time-quality triangle), the necessary obsession with cost containment within the project management group will be translated into […]


The Project Management Project (B2)

Why traditional project management fails TPM: traditional project management PPA:  profitably performing asset Why project management fails.  Modern project management is taken to be sound.  Its theoretical underpinnings are assumed to be essentially complete save for a few details (echoing, in a sense, the 19th century views of physics before quantum mechanics and relativity obliterated […]


The Project Management Project (B1)

“The great tragedy of science: the slaying of a beautiful hypothesis with an ugly fact.”  T.H. Huxley EXQUISITELY EXECUTED MEDIOCRITY Failure as an option.  Everywhere, in every kinds of industries, projects tend to fail by default and succeed by exception.  The larger the project, the higher the probability of failure.  Global statistics on industrial and […]


The Project Management Project (A3)

Towards an investment-centric perspective Striving to thrive.  In the new paradigm introduced in the previous article, the matter of profitability of the future asset was placed at the top of management’s priority.  The management of the project, being circumscribed by the constraint diamond (see Figure 1.2 in previous article) becomes investment-centric.  This is what is […]