Working towards a degree in project management and spending time at the casino may sit on opposite sides of the spectrum, but they both require strategic thinking that increases returns. If you knew how to play poker as well as you do project management then walking into a training session would be similar to when a gambler walks up to the table; each decision made has far reaching consequences. Knowing the rules, practicing and making moves based on situational awareness are critical in either case.
Investing in PM education is like betting smarter. It all comes down to this – lots of future successes or failures can be determined here alone. So managers should choose courses just like professional gamblers select their opponents’ behavior analysis with odds or return on investment per hour for learning certain skills needed for leadership such as risk management and communication among others depending on what most of their team members are currently doing on many tasks simultaneously.
The same goes for any kind of betting system – there’s always some level at which it becomes ‘an investment’ instead of being just a plain bet! A good gambler knows when he’s got enough money out there playing and can’t continue because the odds aren’t in his favor anymore also considering different tactics work better under different winning situations while leaders have to decide how much time and resources should be allocated towards training programs plus which methodologies (like agile vs waterfall) would work best given these skills could even help them achieve more successful outcomes from their ventures. But once course selection has been done it doesn’t stop being ‘a gamble’, instead this becomes an ongoing process where new identified competences are put under test during real practice sessions.
At the end of the day what really matters about having studied how to manage projects is having people who know how handle challenges easily whenever they arise just like any card player wants win big by making right moves at right times.. Successes achieved through both disciplines rely heavily upon continuous learning coupled with flexibility so as remain relevant amidst changing environments that may call for different approaches being used. Being cognizant of the risks associated with training but also its potential rewards will go along way towards improving team performance thus ensuring positive outcomes for tasks undertaken; hence initial ‘bet’ on education should yield great returns if taken seriously by those involved in managing projects.