pmot · Project Management

When Words Shape Decisions: Rethinking How We Talk About Stopping Projects

Gloria J. Miller

A reflection on language, resistance, and the future of flexible project management Last year, our team set out to answer a question that might sound almost trivially simple: does it matter what we call things? Specifically, we were looking at the abandonment option in Real Options: the decision to exit a project early when evidence… Continue reading When Words Shape Decisions: Rethinking How We Talk About Stopping Projects

agile · Artificial Intelligence

Is Agile Still Relevant in an AI-Driven World?

Victoria Vaca

At the evening event of the PMI Asia Pacific Summit Series in Manila last year, we had just presented on Real Options as a tool for better decision-making in agile environments, when someone asked me: “What’s next? What comes after agile?” I said: “Honestly? I don’t know. It was an honest answer. But before we can answer… Continue reading Is Agile Still Relevant in an AI-Driven World?

Artificial Intelligence · Project Management

Why Buy a Book in the Age of Google and AI?

Victoria Vaca

When I was young, I had an encyclopedia, a couple of dictionaries, and a huge atlas in my room. I loved looking things up: checking words, expressions, historical facts, reading about people, countries, and places I had never seen. I loved going to the shelf, open a volume, and start reading letting my imagination flow.… Continue reading Why Buy a Book in the Age of Google and AI?

agile · Artificial Intelligence · Gamification · pmot

2025: The Year of More (and a Little Less)

Gloria J. Miller

As 2025 wraps up, we’re taking a moment to reflect on a year rich in dialogue, innovation, and growth, even as we intentionally scaled back our delivery work. Our reflections fall into two broad categories: the activities we led and contributed to throughout the year, and the core themes that emerged as central to our… Continue reading 2025: The Year of More (and a Little Less)

Decision-making · Project Management

Rebranding ‘Abandon’: Turning Project Closure into Strategic Value

Victoria Vaca

How can the early closure of a project be recognized as a smart, strategic choice rather than failure? That was the question of our latest study: Rebranding ‘Abandon‘ in Project Management – a collaborative exploration conducted with experienced project managers using the Delphi method. The Negative Connotation of ‘Abandon’ In traditional project management, the word… Continue reading Rebranding ‘Abandon’: Turning Project Closure into Strategic Value

Artificial Intelligence · Project Management

The Fantasy of AI Projects: Chasing Accountability in a Delusional Age

Gloria J. Miller

At the IEEE conference last August, Harry Jones gave a provocative presentation about Fantasy Projects. He described these as visionary, exploratory endeavors that push the boundaries of what’s possible, i.e., the kind that expand humanity’s collective knowledge, even when their outcomes are uncertain. NASA’s Apollo missions, the Hubble Space Telescope, and the Constellation program were… Continue reading The Fantasy of AI Projects: Chasing Accountability in a Delusional Age

agile · Artificial Intelligence · Project Management

Real Options Analysis Framework … Chapter Published & Next Steps

Gloria J. Miller1 Comment

First, we would like to announce that our open-access Springer book chapter, “Real Options Analysis Framework for Comparing Project Configurations,” is now available online, having been published in August. The chapter presents a detailed framework for valuing projects with a high degree of uncertainty, where management has significant flexibility to adjust the project’s course. The framework… Continue reading Real Options Analysis Framework … Chapter Published & Next Steps

Artificial Intelligence · pmot · Project Management

AI, AI, AI Everywhere…

Gloria J. Miller

There is a much discussion on LinkedIn and elsewhere about artificial intelligence (AI) and how it will change the world.  It is anticipated that AI will provide significant growth in labor productivity (Filippucci, 2024) and contribute over $631 billion by 2028 (IDC, 2024). We believe that AI is a crucial and emerging topic. However, we… Continue reading AI, AI, AI Everywhere…

agile · pmot · Project Management

From Manila to Practice: Advancing Real Options Thinking in Project Management

Gloria J. Miller1 Comment

At the Project Management Institute Asia Pacific conference in Manila, we presented a real options framework for project management. The topic was a bit heavy for one hour, but we think the audience appreciated that it was practical. At the end we asked the audience if they would be able to apply for it in… Continue reading From Manila to Practice: Advancing Real Options Thinking in Project Management

agile · Project Management

Presenting ‘Real Options for Maximum Impact’ at PMI AP Summit in Manila

Victoria Vaca

We are thrilled to announce that we will be presenting at the PMI Global Summit Series Asia Pacific | Project Management Institute, hosted by the Project Management Institute, Inc. This prestigious event is taking place next week on 25-26 June 2025 in Manila, Philippines, and it brings together industry leaders, experts, and innovators from across… Continue reading Presenting ‘Real Options for Maximum Impact’ at PMI AP Summit in Manila