Take Me to the River, Part 1, Cost Elements – A Digital Inventory of Integrated Program Management Elements

In a previous post I recommended a venue focused on program managers to define what constitutes integrated program management. Since that time I have been engaged with thought leaders and influencers in both government and industry, many of whom came to a similar conclusion independently, agree in this proposition and who are working to bring it about.

My own interest in this discussion is from the perspective of maximization of the information ecosystem that underlies and describes the systems known as projects and programs. But what do I mean by this? This is more than a gratuitous question, because oftentimes the information essential to defining project and program performance and behavior are intermixed, and therefore diluted and obfuscated, by confusion with those of the overall enterprise.

Project vs. Program

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Synergy — The Economics of Integrated Project Management

The hot topic lately in meetings and the odd conference on Integrated Project Management (IPM) often focuses on the mechanics of achieving that state, bound by the implied definition of current regulation, which has also become–not surprisingly–practice. I think this is a laudable goal, particularly given both the casual resistance to change (which always there by definition to some extent) and in the most extreme cases a kind of apathy.

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The Monster Mash — Zombie Ideas in Project and Information Management

Just completed a number of meetings and discussions among thought leaders in the area of complex project management this week, and I was struck by a number of zombie ideas in project management, especially related to information, that just won’t die.  The use of the term zombie idea is usually attributed to the Nobel economist Paul Krugman from his excellent and highly engaging (as well as brutally honest) posts at the New York Times, but for those not familiar, a zombie idea is “a proposition that has been thoroughly refuted by analysis and evidence, and should be dead — but won’t stay dead because it serves a political purpose, appeals to prejudices, or both.”

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For What It’s Worth — More on the Materiality and Prescriptiveness Debate and How it Affects Technological Solutions

The underlying basis on the materiality vs. prescriptiveness debate that I previously wrote about lies in two areas:  contractual compliance, especially in the enforcement of public contracts, and the desired outcomes under the establishment of a regulatory regime within an industry.  Sometimes these purposes are in agreement and sometimes they are in conflict and work at cross-purposes to one another.

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Walk This Way — DoD IG Reviews DCMA Contracting Officer Business Systems Deficiencies

The sufficiency and effectiveness of business systems is an essential element in the project management ecosystem.  Far beyond performance measurement of the actual effort, the sufficiency of the business systems to support the effort are essential in its success.  If the systems in place do not properly track and record the transactions behind the work being performed, the credibility of the data is called into question.  Furthermore, support and logistical systems, such as procurement, supply, and material management, contribute in a very real way, to work accomplishment.  If that spare part isn’t in-house on time, the work stops.

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Do You Believe in Magic? — Big Data, Buzz Phrases, and Keeping Feet Planted Firmly on the Ground

My alternative title for this post was “Money for Nothing,” which is along the same lines.  I have been engaged in discussions regarding Big Data, which has become a bit of a buzz phrase of late in both business and government.  Under the current drive to maximize the value of existing data, every data source, stream, lake, and repository (and the list goes on) has been subsumed by this concept.  So, at the risk of being a killjoy, let me point out that not all large collections of data is “Big Data.”  Furthermore, once a category of data gets tagged as Big Data, the further one seems to depart from the world of reality in determining how to approach and use the data.  So for of you who find yourself in this situation, let’s take a collective deep breath and engage our critical thinking skills.

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A Little Bit Moore — Moore’s Law and Public Sector Economics

Back in the saddle and have to just find the time to put some thoughts down.  In dealing with high tech and data issues one of the most frequent counterfactuals that I have been running into lately is in regard to the “cost” associated with data, especially data submissions.  If one approaches this issue using standard economic theory pre-high tech then the positive correlation applies.

But we live in a different world now folks.

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Highway to the (Neutral) Zone — Net Neutrality and More on Information Economics

Net Neutrality was very much in the news this week.  First, the President came out in favor of Net Neutrality on Monday.  Then later in the week the chair of the FCC, Tom Wheeler, who looked like someone caught with his hands in the cookie jar, vacillated on how the agency sees the concept of Net Neutrality.  Some members of Congress have taken exception.

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Family Affair — Part III — Private Monopsony, Monopoly, and the Disaccumulation of Capital

It’s always good to be ahead of the power curve.  I see that the eminent Paul Krugman had an editorial in the New York Times about the very issues that I’ve dealt with in this blog, his example in this case being Amazon.  This is just one of many articles that have been raised about the monopsony power as a result of the Hatchette controversy.  In The New Republic Franklin Foer also addresses this issue at length in the article “Amazon Must Be Stopped.”  In my last post on this topic I discussed public monopsony, an area in which I have a great deal of expertise.  But those of us in the information world that are not Microsoft, Oracle, Google, or one of the other giants also live in the world of private monopsony.

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Family Affair — Part II — The Micro and Managerial Economics of Projects under Public Monopsony

In my last post I summarized by the macroeconomic environment in which we operate and delved into some discussion of microeconomic foundations.  The response was positive if lukewarm overall, but ego-boosting is not why I started a blog.  One of my readers once asked why I don’t take on some hot button issues.  Well that’s not my role or area of expertise.  I’m not a politician or a social commentator.  The community I inhabit has a large impact but is relatively small and mostly consists of engineers, scientists, mathematicians, some policy-makers, thought leaders, and other technically-focused professionals.  I’m not trying to stir up emotions.  I’m out to stimulate discussion and thought.  I’m relieved that I don’t get trolls when posting factual information that goes against popular misconceptions.  They are a waste of time.

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