Good Enough

Tyner Blain

If the vendor’s development budget were 20% of revenue, they would be able to spend $40 – $60 (per anticipated car sold) to fund the dramatic improvement in capability. We hear a lot about building products which are “good enough” or “just barely good enough.”

2014 102

Classifying Market Problems

Tyner Blain

I was doing an exercise with a team, reviewing their current roadmap as part of the budgeting cycle. Theodore Levitt may have developed the whole product model to help companies compete more effectively with their products.

2014 73

Trending Sources

Agile2014 - Day 1

Zen Project Management

it isn't) to budgeting around technical debt. Yesterday was the first full day of Agile2014. In general it was a pretty good day. The original keynote speaker, Aneesh Chopra, apparently had to cancel. His replacement, Sam Guckenheimer, provided an overview of Microsoft's journey to agile. It was an ok case study with some interesting information, but it wasn't a motivational keynote to get us all charged up.

2014 18

Building Project Management Capability & Maturity

Jez Lister

The alternative leads to projects going over budget and failing to deliver on promises made. Building Project Management Capability and Maturity must be a priority for any organisation involved in delivering multiple projects and programmes. Having mature project management will have a direct impact on an organisations capability to consistently delivery successful projects and programmes.

COTS – Commercial off the Shelf Lifecycle Model

Jez Lister

The product may not do everything you want or in the way you would prefer, but it probably offers a lot more than your budget could stretch to if you were to go down the custom build route.

Industry 4.0 Series: AI, IoT, and the Future of Manufacturing

LiquidPlanner

According to a Tata Consultancy Survey , manufacturers deploying IoT solutions in 2014 saw an average 28.5 percent increase in revenues between 2013 and 2014. This story is part of our Industry 4.0

A Seriously Challenged Project

The Tao of Project Management

Another one from the Why Do Projects Fail website: Edinburgh City Council: Tram Network (Sep 2003 to May 2014) When originally conceived the project was intended to reduce traffic congestion, reduce carbon emissions and help the city cope with the increased demand for public transport in the next decade. The tram eventually took its first passengers in 2014.

2015 11

What Gilmore Girls Can Teach You About Project Stakeholder Management

Wrike

If the deliverables don’t fulfill key stakeholders’ expectations, your project is sunk — even if you finish on time and under budget! Not enough budget for extras and costumes to make the scene happen as it deserved to be shot.

2017 18

How to Identify, Evaluate, and Respond to Sneaky Risks

Project Risk Coach

This was up from my previous level of 219 in 2014 and 196 in 2013. Here are some examples: Will not allow budget slippage of more than $10,000 in the budget. How do you know when to respond to sneaky risks?

Risk 23

Transport for London’s Signal Failure – £886m more than planned*

Ron Rosenhead

The above costs come from a report published by Budget and Performance Committee of the London Assembly. As late as June 2014, TfL’s senior management continued to claim that the project could still be delivered by 2018 despite rail experts suggesting that this was impossible.

My Top 10 Most Popular Blog Posts of 2016

Project Risk Coach

Also up from 21,000 in 2014. How to Determine Project Budget Reserves – 3,091. It’s been a great year. So much so, I’ve decided to leave the corporate world to help more project managers than ever. Thank you for making this possible.

2016 11

An In-Depth Look at the Top 8 Modern Project Management Tools

Paymo App

Plan and schedule your projects, collaborate with your team, share files, track time and make sure you stay on budget. Billing automation: Create budget scenarios against actual revenue, costs or profit and get forecasts based on scheduled invoices and your incoming work pipeline.

2017 28

Know the value of your change

The Lazy Project Manager

When it comes to financial accountability, it seems—at least anecdotally—that projects often go over budget, deliver late, and deliver less than was expected. Tailwind Project Solutions was formed in 2014 to provide a bespoke approach to project leadership development.

2017 17

Software Review: ProjectManager.com [2016]

Girl's Guide to PM

Click on Create a new Project and enter the project details – including the rate for resources and the project budget. Other Features: Timesheets and Budgets. General information. I last reviewed ProjectManager.com in 2013. Time to revisit the software and see what has changed.

Concept of Operations

Herding Cats

For any non-trivial project, we have a planned release date for the needed Capabilities, for a needed budget. January 2014, Homeland Security Studies & Analysis Institute. Systems Engineering for Software Intensive Projects Using Agile Methods, Larri Rosser, Phyllis Marbach, Gundars Osvalds, and David Lempia, Systems Engineering Conference, Washington DC (SEDC), 2014. . .

How to Create Organizational Culture

ActiveCollab

The result has been reduced employee turnover, a much more efficient development process, and we grew our business to £5m since 2014. — So, our employees run wild with those statements – everything from collecting items for an employee whose apartment burned down, to baking a wedding cake for someone who is on a tight budget, or even raising money to buy a car for an employee who shared one vehicle with her family of five. Your company has an excellent organizational culture?

2017 14

How to Create Organizational Culture

ActiveCollab

The result has been reduced employee turnover, a much more efficient development process, and we grew our business to £5m since 2014. — So, our employees run wild with those statements – everything from collecting items for an employee whose apartment burned down, to baking a wedding cake for someone who is on a tight budget, or even raising money to buy a car for an employee who shared one vehicle with her family of five. Your company has an excellent organizational culture?

2017 14

How Charles Byrd Gets It Done: Project Management & Networking Tips

Project Management Hacks

I led our team of 12 to become PMP certified and personally managed the largest projects in our project portfolio including customer facing projects with budgets exceeding $5 million dollars. Lync was a favorite with employees and was the most utilized tool company-wide rolled out in 2014.

107 Amazing Sales Tips, Stats, and Facts

DigitalPM

Lost sales productivity and wasted marketing budget costs companies at least $1 trillion a year [Source: The B2B Lead]. 38% of CMOs said that aligning and integrating sales and marketing was a top priority in 2014. [Source: CMO Council]. Rather just scroll through the raw data?

How Kunder uses Paymo to make accurate project estimates and schedule their workforce

Paymo App

Before Paymo, developers at Kunder had a free schedule, which meant they could spend more time on a task than the initial allocated budget. Kunder uses Paymo since 2014 to track their developers’ time, plan tasks and schedule their workload. Case study: Kunder.