What's the P stand for?

Larry Leach and William Hoefle, amongst others, are in the midst of a very interesting dialogue on the Critical Chain list .

Larry made a very nice point that Project Management isn't just about scheduling and that:

> The mistake I have seen most over 35 years of implementing PM in organizations is to take an outline like the PMBOK Guide, and try to do it all. People institute taining, write procedures, prepare forms and templates...and nothing much happens, because people don't use it. Its like trying to eat everything on the menu in a Chinese resturant.You'll definitely get indigestion.

William then agreed and turned the nice Chinese Menu metaphore into an insightful little joke:

> Any concern I have about PMBOK in an organization is centered around companies trying to use it all - to the point where their system almost collapses under the weight and, I often joke, the "P in NPD becomes processes rather than product".