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Where to begin creating your project budget?

Defining a budget for development projects is frequently referred to as an art form. As seems to be true with all business ventures, your cost projection can easily be the subject of “fuzzy math,” with little bearing on reality. Hourly rates for development time, escalation costs for rapid development, and pricing of tools and other [...]

How Do You Determine Project Success?

Is fulfilling the triple constraints sufficient to determine if a project is successful?  I asked this question of PM students in my online course about management and leadership in a project environment:
“I worked a project that had rules in place by upper management when I arrived that said that if you used a tool to [...]

Ways to trim your IT budget (Part 1)

In this election year, everyone is worried about the economy. Experts disagree about whether the United States is headed for a recession, but the housing slump, losses on Wall Street, and the skyrocketing price of oil have both individuals and companies looking for ways to tighten their belts and trim their budgets. Nobody [...]

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