The Project Management Podcast - Con Artists, Swindlers & Project Managers | Episode 302

https://www.pm-podcast.com/302. This Interview with Jim DePiante was recorded at the PMI Global Congress 2014 in Phoenix, Arizona. If securities dealers sold securities the way we project managers sell our projects, the authorities would throw those securities dealers in jail. A project has all the characteristics of any investment. There is the asset itself, the price, the return and the risk associated with the return. How is it then that project managers routinely “sell” investments without knowing the price, nor what the asset or its return will be, all with a straight face and without going to jail!? Projects must be understood as investments. It’s not enough to say that a project is like an investment. A project is an investment, strictly speaking. In this interview, we review the four characteristics of an investment/project.