Comments on: Forums

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By: Ron Holohan, MBA PMP

Ron Holohan, MBA PMP — Sun, 18 Oct 2009 21:26:32 +0000

Jerry – great article, and I very much enjoy your PM Best Practices Blog (if you haven’t been to Jerry’s blog, be sure to check it out http://blogs.pmbestpractices.com/ ).

I agree with your article that companies should not skimp on their project manager resources and teams during this recession. I believe that now is actually the time for organizations to invest more heavily in their projects and project resources. It is similar to the financial investment strategy to “buy low” and look for bargains when the economy is in a downturn.

Organizations can find a lot of great values out in the job market with the number of good project managers currently out of work. Similarly, many other project supporting firms such as suppliers and consultants are “hungry” for business and many bargains can be found in those areas as well.

By “buying low” now, organizations can be ready with new products and services faster than competitors that have decided to “wait” for the economy to turn-around.

Thanks for sharing the article, Jerry!

Ron

By: JBucknoff

JBucknoff — Sun, 18 Oct 2009 17:52:25 +0000

I’ve made some observations concerning the current economic crisis (financial turn-down or “recession”) and I’d like to hear your comments on this subject.

It’s understandable that organizations are looking for ways to cut costs. However, with a lack of understanding about what project management and how it brings value to an organization, these organizations may make some costly mistakes concerning the value of project management.

My comments are posted on my blog:
http://blogs.pmbestpractices.com/2009/01/economic-crisis/

I wrote my comments earlier this year, before I had a chance to meet Dr. Harold Kerzner and hear his remarks to us at the 2009 PMI North America Global Congress. After hearing his remarks, I feel even stronger about my original thougts.

I welcome any comments you can make. I believe this is a very important issue.