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Topic : Construction Project Management
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What is LUCK...??? by M NITIN SHENOY, PMP, IPMA-D, Asst. Construction Manager (Planning), L&T ECC

What is LUCK...???

By : M NITIN SHENOY, PMP, IPMA-D, Asst. Construction Manager (Planning), L&T ECC
Industry : Construction Functional Area : Project Management
Keywords :

project management

project

Activity:  15 comments  1323 views  last activity : 03 01 2011 05:10:53 +0000
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RESULT = Func(EFFORT, NOISE)

EFFORT = Your input (Decisions & Actions) towards attainment of Set Goal or RESULT.

The Success and % of Accompalishment of RESULT, also depends  on the NOISE.

NOISE =  Negative Impact on account of Other's Input (Decisions & Actions)

If Noise is in your Favour, then you are Lucky

      i.e. 100% EFFORT gives 100% RESULT

If Noise is against you, then you are Unlucky 

      i.e. 100% EFFORT gives lesser than 100% RESULT

At any case RESULTS can be at PAR or BELOW EFFORTS made but NOT ABOVE EFFORTS MADE...

Hence, if anyone says I expected 80% in Exam but scored 85%, and he calls himself LUCKY...

Then its wrong statement, he scored 85% because his efforts were at par or above 85% level . This shows he has only UNDERESTIMATED HIS EFFORTS and LUCK has nothing to DO with this..

Thus LUCK just helps us in Getting desired RESULT at par with EFFORTS made and not OVER and ABOVE EFFORTS Made...!!!

 Top Comment : Nitin M Aras   | 03 25 2009 09:14:38 +0000
Nitin, You are so scientific. Nicely drafted luck in a form of mathematics. I liked it.
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15 comments on "What is LUCK...???"
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  Commented by  SHRIKANT MANOHAR DANKE, Consultant, Project Management Consultancy Firm    | 03 01 2011 05:10:53 +0000 
Good posting. Keep it up, Mr. Nitin.
  Commented by  Mallaya Pandravada, Project Leader/Managing Consultant, Sheladia Associates Inc    | 03 31 2010 04:10:59 +0000 
Luck is Forgotten Hard work
  Commented by  Khalil Qureshi, Civil Engineer-Other, IGBC AP, Magnus Incorporation    | 03 22 2010 14:02:45 +0000 
That's a nice one.
  Commented by  Eswaran Sivasamy, Senior Recruiter, Radiant Info Systems Ltd.    | 06 18 2009 10:58:48 +0000 
cool one
  Commented by  varsha, technical manager(QMS)    | 06 06 2009 17:09:06 +0000 
VARY NICE  ONE.. REALLY GUD
  Commented by  Raghu Kastury, CTO/CIO, Freelancer    | 06 06 2009 16:30:37 +0000
Rating : +1  
Nitin well said. So to put it in two words, Luck can act as a noise supressor so that you get result equivalent to ones efforts.

I will consider myself lucky if everybody accepts this gives me thumbsup!!!!!!!!!!!!!!!!!!!!!
  Commented by  rakeshbhatnagar, DGM Projects., wig brothers india pvt.ltd.    | 06 06 2009 08:21:27 +0000
Rating : +1  
Dear nitin sir,
You have described luck in avery nice manner.But my personnel feeling is when all your deeds resulte in sucess that's your LUCK or rather good luck.
  Commented by  Rabirashmi Ghosh, Development Manager, Knowledge Adventure    | 04 03 2009 13:11:15 +0000 
LUCK is the sum total of all probabilities in one's life.
  Commented by  manoj kushwaha, Area Manager, ROCHE DIAGNOSTICS INDIA Pvt. Ltd.    | 04 03 2009 07:19:08 +0000
Rating : +1  
very nicely stated about luck by Mr Nitin,
ya dear our efforts make our luck.so why efforts are most improtant.
  Commented by  Devi Kaladeen, Audit Manager, Health Sector Development Unit    | 04 03 2009 03:53:05 +0000
Rating : +1  
In gambling you could have good luck or bad luck....any other luck has to do with with your own person and efforts....
  Commented by  logeshbabu, Project Lead, Nous Infosystems    | 03 26 2009 08:30:25 +0000
Rating : +1  
Mr.Nitin,

Simply superb explanation about LUCK.
  Commented by  Jithesh Ramesh, Actuary Manager, Tata Aig Insurance Solutions    | 03 26 2009 08:14:26 +0000
Rating : +2  
People say so much about luck playing a major factor in one's success, but after reading this one can say that one underestimated their own capability and thought that luck had a major role to play.
  Commented by  Vivek Singh, Construction Manager L&T    | 03 26 2009 03:45:29 +0000
Rating : +1  
Good one
  Commented by  Mehernath Ashwinikumar Basangar, Sales/BD Manager, Belroc Costruction chemicals India(P) Ltd.    | 03 25 2009 14:45:34 +0000
Rating : +1  
Well sir, it has all the strengths and parameters I don't think anybody will add any argument to this...
  Commented by  Nitin M Aras, Head/VP/GM-Tech. Support, Wintech Taparia Limited    | 03 25 2009 09:14:38 +0000
Rating : +1  
Nitin,

You are so scientific. Nicely drafted luck in a form of mathematics. I liked it.
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