How to be a good PM

No, not that type. Project Manager, for it is Project Management that concerns us, and indeed Mr FM, today.
My understanding is that almost all projects in the real world conform to six distinct phases:

1. Enthusiasm
2. Disillusionment
3. Panic
4. Search for the Guilty
5. Punishment of the Innocent
6. Praise and Honour of the Uninvolved

Actually, looking at the way that the other type of PM goes about the business of Cabinet reshuffles, it would appear that he is applying this technique as well.