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Project Management Blog
Monday, 07 May 2007 08:50

Less Obvious ROI

When I was working with a system support group we had to scramble each month to determine the Return on Investment (ROI) for the system enhancements.  Changes ranged from new reports to added functionality with other odd things in between.  Needless to say, determining the ROI for adding a product color field to a report lacks a certain excitement and requires a lot of creativity.  Technically it is the responsibility of the business group to assign ROI, but it generally falls on the technical team to make it happen. 
Published in Blogs
Thursday, 25 January 2007 19:06

Activity Resource Estimating

This is the process of estimating how many resources a project team should use to perform project activities. Before estimating activity durations, the PM must have a good idea of the quantity and type of resources that will be assigned to each activity. Consider important issues in estimating resources:

  • How difficult will it be to complete specific activities on this project?
  • What is the organization’s history in doing similar activities?
  • Are the required resources available?
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