Some extracts from “BUSINESS DRIVEN PMO SETUP” by Mark Price Perry
Murphy’s Law: If anything can go wrong, it will
Parkinson’s Law: Work will expand to fill the time available for its
completion…
Student Syndrome: People will only start to fully apply themselves to a
task just before its deadline
Entropy: It is a natural tendency to move from order to disorder
Game Theory: An individual’s success in making choices depends on
the choices of others (i.e., Nash Equilibrium, Prisoner’s Dilemma)
Pyrrhic Victory: A victory with a devastating and perilous cost to the
victor
Winner’s Curse: In an auction, the winner will tend to overpay
Mexican Stand-off: Multiple opponents with weapons aimed at each
other will not fire the first shot
Pavlov’s Law: Repetitive event conditioning can trigger automatic pre-event responses
The Peter Principle: In a hierarchical organization, employees will tend
to rise to their own level of incompetence
Peter’s Corollary: In time, every position tends to be occupied by an
employee who is incompetent to do the job
The Dilbert Principle: Ineffective workers are moved to the place where
they can do the least amount of damage
Goodhart’s Law: When a measure becomes a target, it ceases to be a
good measure
Pareto Principle (the 80/20 rule): 80 percent of the effects come from
20 percent of the causes
Hanlon’s Razor: Never attribute to intentional malice that which can be
explained by sheer stupidity