Thursday, January 19, 2017

Excerpt from a Memo to a PM

Excerpt from a memo to a PM who was emphasizing the value of the route of the PM skills but in so doing was missing the broader connection of Accounting and Economist skills in relation to PM workflows.  I believe that true knowledge embraces constructive teamwork for improvements across disciplines. It takes more than any one line of skills to pull in a robust perspective but in a very relevant way math, legal, technology debits, credits and evolved binary from 0s + 1s places a huge part in needs in the economy. The writer was missing the value so in case others are to we filled in more to the context on cross value at work..... we appreciate the author (of what was an open piece not being to us but being found relevant to a need for outreach on awareness to the importance of cross functional teamwork) for having inspired the writing.

Forward:

Since we are uniquely positioned to consider the cross value of Economist, Accounting, Legal / Paralegal, Communications and Technologist skills to Entity and Cross Sector Teamwork we share the following for the benefit of ALL, to see and share the value on synergy. Hope that this narrative brings context to value on teamwork which is improved in the PM space not solely through Project Management skills but through context to Macro and Micro Value at work along PM, Entity, Policy + Community lines where we all meet as direct and / or indirect stakeholders on outcomes depending on role + project but invariably every economic decision touches the framework of all points on that line.

Remember that we are here to help from #CFO #PM #BA lines to help on cross functional teamwork and the added value of emergent Quant / Economist, Technology + Legal insight is of perceptive strong value to help on many needs across Leadership, Management and Staff lines on project workflows, training, development and teamwork on the multi- tiered approach of Services, Applied Research and Outreach at www.dcarsoncpa.com or if you prefer at DCarsonCPA on Advisory or DCarsonCPA MFC One lines on Lean Advisory.

COMMENTS


"(Anon)..., From an objective standpoint I'll note that a process devoid of Economic Purpose is a meaningless outcome from an Entity Management and Leadership perspective. If you can't connect your Project to an Economic Purpose with a viable accounting basis for funding... then we need to be honest to note that there is no project, so a project in context to value or perceived value to management will always win over the inverse. That noted, the Art is Project Management, Zen and the Art of Project Management, to know your process and execute well which rings true to your point. It is ironic that you first ridicule accountants and then use the very standards from accounting of timely, relevant reporting as part of your narrative. You picked on Economists as well in noting how qouting the famed British Economist John Maynard Keyes would do little to improve the outcomes for a Project Management Process. I am going to disagree here and state that no project gets funded without an Economic Tie into value, substantiated by Accounting and that every step of the line is intricately related to objectives which have time and budget measurements where the PM is reliant on cross skills to see the Technology, Financials, Communications and Teamwork objectives in technicolor. Projects which have a higher potential to succeed map to basis lines of good practice and meeting milestones (more eloquently defined in PM prose) AND sustainable projects are those that are well defined and communicated in relation to Management and Entity Goals and Objectives which by definition work to macro and micro financial objectives where stakeholders may very well include a broad line of Entity, Policy and Community points on needs on teamwork whether known or unknown. Even the most basic of functions in the Economy can be performed better in context to knowledge of inputs and how they support outputs AND every Project Management Cycle is at it's core an exercise of matching supply to demand. Your world strengthens through diversity and the ability to see the palate of colors and shades, not the inverse. Mastery of any process is in the ability to elevate to the Zen of a process to achieve a mindfulness of Task and Purpose. Route tasks executed for clinical efficiency will very swiftly be automated into obsolescence as the IoT (internet of things) becomes the FoW (Future of Work) and the AI of things will swiftly chose winners and losers. IF the value in process is not the art of the process, the art of the process can be automated and will be lost to obsolescence through a series of check sum routines. Young PMs need to think about the value and art of process as central value... yes get it done on time, on budget and run the process streamlined as you can to the efficient time tables... but never forget the context of value. At the end of every process a PM and their team should be able to at least in some measure quantify actions performed, results achieved and build the journals of lessons learned. The value of PM is value in context for Entity, Policy and Societal needs where Data, BIg Data, Financials, Communications and Teamwork meet on the workflows of supporting supply and demand. No Economics, No Accounting, No Context to Value, Data, Teamwork and Communications = No Value to Project Management as a Value Added workflow. I see it all through these eyes and it is economic prose but it is rooted to the bottom line and the value at work without which Senior Management will not back a single dollar spent on project management so please show the accountants a little love in the process and cut your Economists a little slack they are trying to help and that a Communicator may indeed have a bigger role than is immediately foreseen or understood in connecting Entity , Policy and Community value for improvements in the Economy, through the Financials. Where Legal, Financial, Technology., Data, Big Data, Communications and Project Management all carry strong value on Teamwork and the We in teamwork means more than just you and I, it's about a broad line of direct and indirect stakeholders and an important place for the profession on societal value. I have been a trumpeter because the value is needed on Public and Private lines of improvement in the Economy and Financials none the least of which include fiscal stewardship of resources and the allocation of limited resources to unlimited wants and needs through Government, Entity and Community points where accountants, lawmakers, technologists, economists, project managers and mutli-level stakeholders meet on value for improvements. Look to a broader line of PM value in Context for the future of the profession in a time of changing dynamics and needs. There is important value to be found in context to purpose beyond the route of skills."