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Tuesday, April 14, 2009

Is Project Management a Profession? - Not Again!

What is your opinion? I believe that project management is a profession, however I have met many "project managers" that don't have a clue about project management and aren't very professional.

The following story comes from www.reformingprojectmanagement.com.

"Is project management a profession? The experts in the matter of establishing conditions for a profession say no. Why? Most of it has to do with the accumulation and study of theory. I've been on the fence about whether or not we should seek professional status for project managers. I'm married to a registered nurse. Her brother is a registered engineer. My cousin is a licensed physician. One son is finishing his law degree so he can sit for the Bar while the other is studying for the landscape architect's exam. I know what these people have done to become professionals. It's time that project managers do the same.

Click here for the rest of the story...

Sunday, April 12, 2009

Weekend News - 1.75 Trillion Dollar US Deficit for 2009

The Treasury Department said Friday that the budget deficit increased by $192.3 billion in March, and is near $1 trillion just halfway through the budget year, as costs of the financial bailout and recession mount.

Last month’s deficit, a record for March, was significantly higher than the $150 billion that economists expected.

The deficit already totals $956.8 billion for the first six months of the budget year, also a record for that period. The Obama administration projects the deficit for the entire year will hit $1.75 trillion.

A deficit at that level would nearly quadruple the previous annual record of $454.8 billion set last year. The March deficit was nearly four times the size of the imbalance in the same month last year.

The Congressional Budget Office estimated last month that President Barack Obama’s budget proposals would produce $9.3 trillion in deficits over the next decade, a figure $2.3 trillion higher than estimates made in February in the administration’s first budget proposal.