The Value Delivery Management(™) Solution
by jed simms on July 28, 2010
The VALUE DELIVERY MANAGEMENT™ SolutionOver the past few weeks we’ve illustrated where the value goes on projects – mostly through invisible ‘holes’. The Value Delivery Management Programs are specifically designed to address the ‘invisible’ value losses and cost increases. They (…)
Why do the costs increase? 0-100%+ cost increase through project cost overruns
by jed simms on July 21, 2010
You can destroy value by delivering the project over budget thereby reducing the net value of the benefits. Consistently research finds that around 60%-70% of projects are either late or over budget. Being late usually results in being over budget. (…)
Why do the costs increase? 15%-20% cost increase through project rework
by jed simms on July 14, 2010
You can lose value because you lack overall clarity across all levels of the project, allowing up to 35% of project time to be spent on rework. While you don’t want rework to be zero, you don’t want it to (…)
Why do the costs increase? – 20% cost increase in avoidable ongoing operational complexity
by jed simms on July 8, 2010
You can miss 20% or more reduction in business complexity costs because you avoid or minimize the time spent on business requirements. This missed 20% reduction not only results in unnecessarily higher solution and project costs but also in higher (…)