Are certified managers associated with worse project outcomes?

February 6, 2019 Eric Lofgren 2

The demand for professionally certified project managers has grown significantly since the mid-1980s and organizational policymakers today associate certification with project manager competence. Despite its […]

Does the program manager matter?

December 28, 2018 Eric Lofgren 0

If PMs indeed can have little influence over program outcomes, it is unreasonable to hold them fully accountable for those outcomes; however, this opposes NPM’s approach that has guided defense acquisition for more than two decades.

How to Invest in Randomness and Optionality

December 7, 2018 Eric Lofgren 0

Think about that for a second. When there is a 90% that companies are bad, and a 90% accuracy rate being able to identify them, I still have a 50% hit rate of being right. So someone with 90% accuracy is no better than flipping a coin.

How does cost growth affect decision making?

November 29, 2018 Eric Lofgren 0

I’m not sure how these results support the idea that “a solid and funded test plan often mitigates future cost growth.” It sounds like if you were 10% over budget to first flight — and that reliably means you’ll be that much or over for the program — then engineering and requirements problems were the culprit and not testing.

Do intangibles lead to a productivity divergence?

November 24, 2018 Eric Lofgren 0

When intangibles hardly matter, then capital and labor ought to be about equally productive across all firms. When intangibles matter a lot, then productivity differences will widen. What does this mean for defense organization?