I believe that project management discipline really creates an environment for successful project execution. But I have seen projects where very little discipline is applied, and they are successfully executed with a liberal sprinkling of functional expertise and solid requirements analysis. Yes, that functional expertise was often applied in firedrill fashion, but still, it worked.
I think it is possible for organizations (and people) to fall in love with one or the other. Project management by itself is of limited benefit. In many ways, project management is not that impressive. PM provides some good tools, a framework, and an experienced PM knows how to operation the machine. Good business analysis accrues business expertise, and makes it better, refines it. Project management pushes back, navigates, and often holds firm. Business analysis never has to hold firm. Its infinitely curious.
Anyway, something to think about.
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