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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
Saturday, 27 January 2007 17:30

Quantitative Risk

Quantitative Risk Analysis is performed on risks that have been prioritized by the Qualitative Risk Analysis process as potentially and substantially impacting the project’s competing demands. The Quantitative Risk Analysis process analyzes the effect of those risk events and assigns a numerical rating to those risks. It also presents a quantitative approach to making decisions in the presence of uncertainty. This process uses techniques such as Monte Carlo simulation and decision tree (comment that you’ll take about decision tree in a moment) analysis to:
Published in Blogs
Thursday, 25 January 2007 06:01

PMP Boot Camp

PMP Exam Prep Classes or Boot Camps: These cram session courses are specifically designed to fill your mind with the knowledge required to pass the test. Typically a more expensive route, but very effective at helping you beat the PMP Exam. We recommend Exam Prep Classes through ReadySetPass.com, as their classes are priced mid-range and provide project managers with more understanding of real life application than that of industry competitors. Most of these courses qualify for contact hours or PDU’s, which can be used on your application with PMI. 

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