Operations, Finance, and Accounting for the Development of Software

Herding Cats

A Scrum of people works very well when doing Scrum , but operations, finance, and accounting are not the same as writing software for money. A Scrum of cost accountants, planner, finance, and operations people is called Chaos. It's common to hear, projects are overhead, we just need to get the value to the customer as fast as possible. This seems to be a lament from agile developers. Anything getting in the way of them coding is seen as an impediment. . Here's a little story.

Thoughts on Suggestions That Violate Principles of Finance, Probability, and Statistics

Herding Cats

The on-going discussions that Decisions can be made in the absence of estimates reminds me of this concept. .

Getting Financial and Clinical Professionals Working Together On Healthcare Projects


best practices Blog collaboration Leadership Project Management work culture celoxis clinical professionals collboration finance finance professionals healthcare patient welfare project managementHealthcare continues to evolve worldwide under the pressure of lowering costs while maintaining or, even, increasing quality. The relationship between the two is like a “tug of war” between cost and benefit, which every healthcare establishment must face on a daily basis.

Quote of the Day

Herding Cats

Finance is a pure information processing game. Managerial Finance and Microeconomics of decision making in the presence of uncertainty is the foundation of project management processes. A lot of people in the business are doing things that should be done by computers - David Shaw.

2018 56

PayPal "Too Cool Meets Old School" (2017) :30 (USA)

Brad Egeland

With this thirty second spot, they tou Business & finance Read more about PayPal "Too Cool Meets Old School" (2017) :30 (USA).

2017 52

New to Project Management – No Experience!

Arras People

There are certain business based roles that make a good stepping stone into these roles – anything which has excellent organisational and administration skills; roles where supporting a team of people is prominent; positions that require analytical skills like planning and finance.

2018 133



Others believe it to be finances. There are certain measures to be taken if a business is to be thriving and the risk of its failure mitigated. Some people consider the idea in the core of a project to be a key question which needs to be kept in one’s mind.

How to Create a Project Assumptions List: Examples and Template Included

Project Bliss

Finances – funding to complete the project. Finances – funding to complete the project. . When my daughter was very little she came home from school one day and told me the saying about assumptions: When you assume, you make an ass out of you and me.

2018 156

Five Professions That Make Great Project Co-ordinators

Arras People

Finance. With a good foundation in finance – the other aspects of project co-ordination – like planning, documentation management, reporting and so on will come with basic training and on-the-job experience.

What Can a Project Manager Do Next? The Project Manager Career Ladder

Project Bliss

You need to understand risk and finances, and evaluate projects based on ROI. You’d also oversee budgeting and work with Finance and stakeholders to determine budget forecasts and projections for the year.

2017 185

5 Workplace Resolutions for Being Effective In 2018


On the personal front, people make resolutions for better health and fitness, better control on finances, exotic vacations and so on. The year-end holidays are a good time to wind down and recharge your batteries. It’s always good to reflect on the year gone by and make plans for the new year.

2018 40

You say, but I say.

Musings on Project Management

I say: Cost You say: Balanced scorecard -- customer, organization, product, finance I say: Cost, schedule, scope, quality You say: Vision -- the long view I say: Requirements. You say: Value! You say: strategy and strategic alignment I say: tactics to overcome problems I also say: I could go on with this but you get the point (I hope). You" are the sponsor, and your context and objectives Project Management Project Value

Improving portfolio management must be part of an agile transformation

Kiron Bondale

When we think of an agile transformation, improving portfolio management might not be high on the organization’s list of priorities. But what happens if your organization doesn’t have an effective and efficient portfolio management capability?

Agile 152

7 Crucial tips for Managing Remote Teams

Girl's Guide to PM

You might have a finance expert, a marketing person and someone from the customer organisation. Are you struggling to manage a remote team? Maybe you just need a bit of help to focus on what’s really important. This infographic on the crucial areas for successful remote teams might help. Number 6 for me is the most important. For more tips on building trust in teams, have a look at this article on how transparency really makes a difference to trust.

2016 212

Advice – Downturn in the Oil & Gas Industry

Arras People

or finance. “ I’ve been working in the Oil and Gas industry for a while as a cost engineer but I’m concerned about the downturn in the industry. Any advice on how to make a move away from this industry?”

2016 139

Plotting a Course for Work and Resource Management Success

Arras People

She is an accomplished marketing professional in both B2B/B2C across the Technology, Media, Finance, and Professional Services sectors. In this guest blog, Esther from Planview talks about a new whitepaper focused on resource management in VUCA environments – digital transformation.

2020 168

Making Better Business Decisions with Continuous Planning

Arras People

First, you need to open up a dialogue between the business functions – including finance, the PMO, and other lines-of-business. Adapt to change: When operations and finance have access to the same information, they can be flexible when it comes to change, not sidelined.

Project Management Career Outlook – Growth Across Industries through 2027

Project Bliss

Finance and Insurance. Have you ever considered a career in project management? If so, I’ve got great news. The project management career outlook continues to show growth and increased opportunity for the next ten years.

2027 143

Stop Overspending With Time Tracking and Productivity!


Read on and find out how these factors will help you stop overspending and give you a better outlook of your finances! Overspending is one of the main problems that companies have to address effectively if they are to optimize their operating services and start seeing positive outcomes.

Quote of the Day

Herding Cats

There is NO principle of Managerial Finance, Probabilistic Decision Making, or Microeconomics by which - in the presence of uncertainty - a credible decision can be made without estimating the outcome of that decision and its impact on the scarce resources that create that uncertainty.

2018 61

Paying down technical debt should be like fixing ball marks on a golf green

Kiron Bondale

Finance departments often budget for operational costs or resource utilization using previous results as a baseline – this ignores the puts and gets from those projects which implemented changes over the previous year.

2016 158

Tips for taking over an active project

Kiron Bondale

Check the financial health of the project with your finance partners to ensure the books are in good shape. I’ve written previously about the need for a project manager to proactively plan for a smooth transition if someone else will be assuming the role on one of their projects.

2017 149

February Product Update: Boost Your Business Intelligence with API Support for Analytics


This automates cross-functional reporting and is especially useful for parts of the organization that may not be directly involved with project management, but need the bottom-line numbers, like your finance department.

A Reminder of the Pseudo-Science of #NoEstimates

Herding Cats

Defies the principles of managerial finance in the presence of uncertainty. When you hear. NoEstimates is a hashtag for the topic of exploring alternatives for making decisions in software development. That is, ways to make decisions with "No Estimates". Think about the conjecture.

2016 94

Project Management Keywords in CVs

Arras People

We all know how ‘modern’ recruitment works in the UK. Keywords. Keywords are king. They have to be. Recruitment systems that hold hundreds and thousands of CVs have to be filtered in some way. It’s just like Googling.

2016 219

Fallacy of the Week

Herding Cats

This decision is a Managerial Finance process operating in the presence of the Microeconomics of decision making with all the uncertainties of the market, development cost and of course risk created by uncertainty. That statement violates the principles of Microeconomics, Managerial Finance, the Probability and Statistics of decision making, and common sense. Five Different Decision-Making Strategies That Don't Need Estimates. This is from a #Noestimates presentation.

2018 55

Book of the Month - IT Project Estimation: A Practical Guide to the Costing of Software

Herding Cats

A second graduate degree is in Systems Management - which is a combination of Systems Engineering and Managerial Finance - how to manage the technical processes of engineering programs with the principles of managerial finance, contract law, and probabilistic decision making.

Top 10 Free Invoice Templates Resources

Paymo App

By removing paperwork and advanced interfaces, this resource is practical for anyone who’s a beginner when it comes to finance and business management. You would not expect to find a template related to finance and invoicing there; and yet, you can.

5 Traits of Successful Project Managers

Arras People

On a business aspect, a project manager must possess the critical expertise skills that touch in areas of finance, communication, organization and human resource.

2016 220

Making Decisions in the Presence of Uncertainty

Herding Cats

All project work is uncertain. This uncertainty comes in two forms - Aleatory and Epistemic. Aleatory Uncertainty is irreducible, Epistemic uncertainty is reducible. More can be found on this in Both Aleatory and Epistemic Uncertainty Create Risk. . But now what to do about it.

2013 72

Topsham RFC

The Tao of Project Management

Meanwhile at Topsham Rugby Football Club we had the second meeting of the Finance Sub-Committee and managed to get through quite a lot without wasting too much time. There is a fine line to be observed in chairing a meeting, between giving everyone their chance to have their say and getting through the business in a reasonable time. I always try to get through a meeting in an hour or less but over-ran on this one.

Agile Project Management Methods for Corporate IT Projects

Herding Cats

This definition for single scrum teams needs to come in contact with Corporate Governance, managerial finance, decision making in the presence of uncertainty when spending the firms money that has impacts beyond the team and their natural desire to control their own destiny.

Agile 105

What's your Data Point?

Project Health Check

Finance data provides financial performance; Schedule data provides Schedule performance. There's lots of talking on Projects; too much really. And so little of value said. People lurch from meeting to meeting, telecon to telecon, wear out the carpet on their mobile phones.

Project Status Reporting – 6 Key Considerations

Project Health Check

For example, cost performance data is collected by the PMO and the Cost Performance Index (CPI) is calculated and compared against defined Organisational standards to determine the Finance Status of the Projects – the PMs Judgement has nothing to do with it.

Member of PMI? Now What?

Arras People

It can also mean pursuing more generic business skill areas like finance, legal and commercial, business planning, even pursuing further education with a MBA. I’ve recently become a member of PMI and successfully achieved my PMP.

PMI 166

Business Acumen for Project Managers [Free Checklist]

Girl's Guide to PM

Action: Talk to Finance about how best to manage your project budget. ‘Business acumen’ is one of those skills that you see on role profiles for jobs. It’s also something mentioned in the standards for professional project management bodies.

2016 263

The Best Time Tracking Software of 2018

Paymo App

Published: February 2018. If you’re here, it means that you’re looking for time tracking software that you will use yourself or with your team. But choosing one or even picking a few to try out can be a confusing and daunting task with more than 100 apps available out there.

2018 74

10 Top Tips to Make You a Successful Contractor

Arras People

Though you might feel confident in your own ability to manage your finances, it is more than likely that hiring an accountant will reduce your chances of being faced with an HMRC tax investigation.

2016 174

Misquotes of Deming

Herding Cats

The antithesis of the rogue agilist currently populating the #NoEstimates community, spending other people's money (which I doubt takes place on anything but de minimis projects) with no consideration for the principles of managerial finance. . It's common to misquote famous quotes.

2016 74

Systems, Systems Engineering, Systems Thinking

Herding Cats

Some of our group or like me - a techie - a few others are business people in finance and ops. On our morning ride, the conversation came around to Systems. The topic was what's a system and how does that notion impact or world.