Monday, December 28, 2015
The Pigman Principle: Why Rational Leaders Make Irrational Decisions
In a perfect world, there is unlimited funds, resources and time available to properly execute and deliver the desired results that our projects and change initiatives are intended to achieve. In this perfect world, every good idea with a valid business case is approved, appropriately prioritized, and scheduled to deliver the optimal balance of tangible return on our investments.
We do not live in a perfect world, however, and as project leaders, our projects are constantly being challenged, as we fight for the limited capital, resource availability and the time required to effectively manage and deliver change within our organizations. Successfully navigating this landscape of ever-changing priorities, risks and issues is where we look for guidance and key decisions from our leaders and project sponsors.