Defining the Business Value of a Project

25 October, 2007
Business Value of IT, Project Management
0 Comments

I'm following a project management meme lately; while freely admitting that I'm oversimplifying some complex topics, I will forge ahead with ... project "value". At work, we've been talking about the classic challenge of putting a business value on a project. I call it a "classic" challenge because it's a basic requirement for every prioritization exercise that I've been exposed to. You know the drill - we have 10 projects, but only time and resources to do 5. How does…

Chargebacks Redux – Some Good May Come Of It

Okay - to be fair, that really wasn't the end of the chargebacks conversation. One of my cohorts suggested that we each come up with an argument counter to our position; I needed to come up with something "good" about chargebacks. Actually, it's quite easy to come up with the one good thing; the only problem is that it's something that most IT departments can't take advantage of ... Transparency Many business units, dissatisfied with the speed, efficiency, general business…

Yet Another Discussion on IT Chargebacks

It felt anachronistic, getting into a surprisingly good conversation on the pros and cons of IT chargebacks this past week ... We're not seriously thinking about it (thank goodness), but a group of us did go through the intellectual exercise of discussing the good/bad/ugly of such an approach. Unfortunately, most of the "debate" focused on positive and negative experiences in the past. I think this is not an effective way to petition for such a change; it would be better…

Marketing a Startup Business (3 of 3)

author's note: 3rd of 3 parts of an essay first published in 2000. Check out part 1 and part 2 ... jpm Address the Rest The elevator speech follows rather quickly from the executive summary. The power of this “sound bite” is in it’s clarity and consistency – make sure that everyone involved in the organization can deliver it the same way. Remember, in a small company, everybody is a salesman! Of course, the elevator speech should not be viewed…

Answering questions with questions is a quick path towards irrelevance

Why do some folks insist on answering questions with questions? Or, answering questions with roadblocks? It's not surprising when you hear IT complain about their inability to connect with the business, of not being included, etc. - and then demonstrate a style of investigation / requirements gathering / support / feedback that is a bit antagonistic. Business: How long would it take you to do X? IT: Why X? Why not Y? ... or IT: Why X? What are the…

Free as in … the Open Source Refrain – Improved!

I'm not going to recount the history and foundations of open source software, just point out that the word "free" has long been a point of contention when folks talk about "free" software. For clarity, the open-source crowd will refer to ... Free (as in Speech), meaning the user's freedom to run, copy, distribute a piece of software Free (as in Beer), meaning the software is available at no cost BTW, the world is really into their free beer -…