So many project managers do the original schedule of the project, the planning and then start the project and run by the seat of their pants from then on. I can tell you how many projects I’ve seen with the schedule never updated. Project management isn’t just the planning.

The Dakota Indians have a saying – “If the horse dies, dismount” which you figure would be obvious. Why then do so many project managers keep trying to save a project that should have been made into glue ages ago?

Generally Accepted Accounting Principles or GAAP are now a part of all big project management environments. These standards are what makes for things like Sarbanes Oxley and other compliance challenges. What do project managers have to know about GAAP and where they come from?