How You Fold Your Junk Matters
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How You Fold Your Junk Matters

Posted on Dec 22, 2009 by George F Huhn
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Remember how mapping the human genome was going to lead to cures for different genetic diseases? The idea was pretty simple: compare the genes of healthy people to the genes of people with diseases ranging from cancers to allergies and – voila – fix the genes that were making them sick. Instant cures, right? Well, maybe […]

Health Care Reform and the Sunk Costs of a Good Idea
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Health Care Reform and the Sunk Costs of a Good Idea

Posted on Dec 17, 2009 by George F Huhn
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Sunk costs are the costs that have already been incurred and cannot be recovered. We aren’t supposed to consider sunk costs when making rational investment decisions, only the future costs. But people do anyway. How many times have you heard someone say, “Well, since we’ve already spent this much on it, we might as well […]

Are Your Gantt Charts Chiseled in Stone?
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Are Your Gantt Charts Chiseled in Stone?

Posted on Dec 10, 2009 by George F Huhn
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Good project execution is essential to achieving the strategic goals of a company, but most companies either don’t measure it or don’t measure it well. In companies where the quality of project management execution is assessed at all, it is usually measured against meeting budget, timing, and resource objectives that were often ill-conceived to start with. […]

Hey Kid, Wanna Roll Some Dice?
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Hey Kid, Wanna Roll Some Dice?

Posted on Dec 5, 2009 by George F Huhn
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In spite of the fact that counting, numbers, and games of chance have been around for millenniums, it wasn’t until the middle of the 17th century when three Frenchmen, Blaise Pascal, Pierre de Fermat, and Chevalier de Méré, developed the foundations for modern probability theory. So even though probability theory seems obvious to us today, it was relatively late […]