Is ‘avoided loss’ a benefit?
by jed simms on September 23, 2008
“If we don’t do this project, we’ll lose market share/customers/opportunities and that’ll be worth $XXm in lost revenue/profit!” I’ve seen a number of projects justified with ‘avoidance of loss’ cited as the major (sometimes only) benefit. The argument can be (…)
Am I being unreasonable?
by jed simms on September 16, 2008
When recently reviewing a project that had a projected benefits value of $32m we found that the true available value was over $100m. So, if the project delivered the $32m is this true success? Or, is it a failure for (…)
Extra or Alternative?
by jed simms on September 9, 2008
Managing projects for value is often seen as ‘extra’ work. “We have enough trouble just trying to get the project up, running and delivered” seems to be a common response. Poor estimating, poor planning, missing business cases, all are cited (…)
Its time to stop this madness! (4)
by jed simms on September 3, 2008
Its time to stop assuming that the business knows what to do in relation to projects. They don’t, and relying on them to perform from a basis of ignorance is madness! To many business managers ‘projects’ are a dangerous escapade. (…)