Posted by Mikki numan on October 13, 2003
In Reply to: WHAT DO A PENNY WISE AND POUND FOOLISH posted by troy hutcherson on October 07, 2003
: What do a penny wise and pound foolish mean to project management.
Noy sure how you would choose to relate this to "project management". But the phrase relates to being in control of minor details or finance and losing sight of broader issues or finances.
or better put, so meticulous with petty issue that one may lose sight of the "Bigger picture" or long term impact