article thumbnail

Saving ?osts in a Long-Term Perspective: How a Resource Management Solution Will Help You Gain More in the Long Run

Epicflow Blog

Let’s now examine how improper project and resource management leads to inflated costs and prevents organizations from gaining more profit. What causes excessive expenses in project management? Cost Cutting: Importance of Strategy, Risks Posed. References Kenton, Will. Retrieved from: [link]. Gulati, Ranjay et al.

article thumbnail

Software Estimating Resources

Herding Cats

“Issues in Software Cost Estimation,” Abedallah Zaid, Mohd Hasan Selamat, Abdual Azim, Abd Ghani, Rodziah Atan, Tieng Wei Koh, “Management Accounting – Enterprise Performance Management,” Group?IV, 15, The Institute of Cost and Works Accountants of India, 2010. Evaluating Project Decisions,” INTAVER Institute.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Risk Management Resources

Herding Cats

Information about key project cost, (technical) performance, and schedule attributes is often uncertain or unknown until late in the program. Deliberate Ignorance in Project Risk Management,” Elmar Kutsch and Mark Hall, International Journal of Project Management , Volume 28, Issue 3, pp. 255, April 2010.

article thumbnail

A Compendium of Risk Management Resources

Herding Cats

Let's start with a critical understanding of the purpose of managing risk on software development projects. Information about key project cost, (technical) performance and schedule attributes is often uncertain or unknown until late in the program. 255, April 2010. Use of Benefits of Tools for Project Risk Management,” T.

article thumbnail

Software Cost Accounting

Herding Cats

Blue money, is referred to as budget. Budget is nor spendable money, since it is not actually currency. It is allocated funds to the budget for the project. There is enough latitude here to drive a truck through plenty of room for interpretation, resulting in differences in the way companies capitalize IT costs.

article thumbnail

Compendium of Works to Increase Probability of Project Success

Herding Cats

Surviving the Matrix Organization , The common picture of the project manager in a matrixed organization is of a frustrated diplomat struggling to cajole the functional departments into performing the work on schedule and within budget. IMP/EVM World Workshop Materials.