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Estimations Oh My!

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Manage episode 293331133 series 1096497
Content provided by Final Milestone Productions and M Powered Strategies. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Final Milestone Productions and M Powered Strategies or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Estimations - they are at the very core of PM activities, the ability to estimate, the reliance others have on our estimations, our continuing white whale pursuit of improved estimations all work to empower us as masters of the universe, to state our predictions of the future. And yet…they are all magical thinking at worst, and expectations-setting goal posts, ever receding into a distancing horizon, of our slog through projects and communications, at best. And then we report and update, in an endless vortex of communications, analysis and ... shame. Should we even have them in our discipline? What causes us to get them wrong? What role the tension of accountability and commitment vs the need to reflect likely return on investment for those stakeholders that expect value from projects? Listen in to our new roundtable format as Mike Hannan and I cohost with special guest Hilbert Robinson a wide ranging discussion on the role of estimations. That we need them becomes apparent. What we discover is estimations' unrealistic nature is actual a symptom of a series of other issues deep within our PM and organizational practices. Trust, focus, dilution, estimations…Oh My!

Listen, learn, and get a free PDU! PDU Information, use the following information in PMI's CCRS system to register the PDUs for this podcast:

  • PDU Category: Online or Digital Media
  • Provider Number: 4634
  • Talent Triangle: Strategic and Business Management
  • Activity Number: PMPOV0086
  • PDUs for this episode: 1
  continue reading

102 episodes

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Estimations Oh My!

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Manage episode 293331133 series 1096497
Content provided by Final Milestone Productions and M Powered Strategies. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Final Milestone Productions and M Powered Strategies or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Estimations - they are at the very core of PM activities, the ability to estimate, the reliance others have on our estimations, our continuing white whale pursuit of improved estimations all work to empower us as masters of the universe, to state our predictions of the future. And yet…they are all magical thinking at worst, and expectations-setting goal posts, ever receding into a distancing horizon, of our slog through projects and communications, at best. And then we report and update, in an endless vortex of communications, analysis and ... shame. Should we even have them in our discipline? What causes us to get them wrong? What role the tension of accountability and commitment vs the need to reflect likely return on investment for those stakeholders that expect value from projects? Listen in to our new roundtable format as Mike Hannan and I cohost with special guest Hilbert Robinson a wide ranging discussion on the role of estimations. That we need them becomes apparent. What we discover is estimations' unrealistic nature is actual a symptom of a series of other issues deep within our PM and organizational practices. Trust, focus, dilution, estimations…Oh My!

Listen, learn, and get a free PDU! PDU Information, use the following information in PMI's CCRS system to register the PDUs for this podcast:

  • PDU Category: Online or Digital Media
  • Provider Number: 4634
  • Talent Triangle: Strategic and Business Management
  • Activity Number: PMPOV0086
  • PDUs for this episode: 1
  continue reading

102 episodes

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