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IT Project Financials | Michael Gentle.

Michael Gentle.

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IT Project Financials | Michael Gentle. | itprojectfinancials.wordpress.com Reviews

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Michael Gentle.

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1

Why chargebacks should take into account project risk | IT Project Financials

https://itprojectfinancials.wordpress.com/2010/11/08/why-chargebacks-should-take-into-account-project-risk

Skip to search - Accesskey = s. Why chargebacks should take into account project risk. By mgentle on November 8, 2010. Most people in IT are aware of the statistics concerning IT project success rates, which, even in the 21. Century, still sit stubbornly at around one in three. Or, to deliberately take the negative view, two out of every three IT projects are unsuccessful. For example, the Standish CHAOS Summary 2009 reports the following project success statistics:. Taken to extremes though, such risk-b...

2

March | 2010 | IT Project Financials

https://itprojectfinancials.wordpress.com/2010/03

Skip to search - Accesskey = s. IT financial skills mind the gap! By mgentle on March 19, 2010. With the average IT budget sitting at 2-8% of revenue and 30-50% of capital spend, one would logically think that the average IT staffer has, if not a sound knowledge of IT financials, at least a reasonable understanding of the basics, so that he can see how his daily activities contribute to these numbers. The poll simply confirms what most of us suspect anyway. Over my many years in the industry, in both...

3

Project budgets are just estimates – expect them to change. | IT Project Financials

https://itprojectfinancials.wordpress.com/2010/09/28/project-budgets-are-just-estimates-expect-them-to-change

Skip to search - Accesskey = s. Project budgets are just estimates expect them to change. By mgentle on September 28, 2010. Yes, you read correctly! You might think this is heresy, but read on. Given the frequent cost overruns of IT projects, we would ideally like to be able to define during the planning phase (for an overview of planning and budgeting, see an earlier post. We shall call this circularity the commitment conundrum see Fig. 2.6 below (click on the image for a full-screen view). Unfortunatel...

4

IT financial skills – mind the gap! | IT Project Financials

https://itprojectfinancials.wordpress.com/2010/03/19/it-financial-skills-–-mind-the-gap

Skip to search - Accesskey = s. IT financial skills mind the gap! By mgentle on March 19, 2010. With the average IT budget sitting at 2-8% of revenue and 30-50% of capital spend, one would logically think that the average IT staffer has, if not a sound knowledge of IT financials, at least a reasonable understanding of the basics, so that he can see how his daily activities contribute to these numbers. The poll simply confirms what most of us suspect anyway. Over my many years in the industry, in both...

5

The challenges of defining objective cost allocation models | IT Project Financials

https://itprojectfinancials.wordpress.com/2010/10/26/the-challenges-of-defining-objective-cost-allocation-models

Skip to search - Accesskey = s. The challenges of defining objective cost allocation models. By mgentle on October 26, 2010. As we saw at the start of the previous post (. Chargebacks allocations vs cross-charges vs showbacks. We saw that the challenge for chargebacks is to strike the right balance between the desired result (fair and reasonably accurate) and the costs and complexity of obtaining actual, metered usage. Well, that’s easier said than done! Let’s see how things generally play out in practice.

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IT Project Financials | Michael Gentle.

Skip to search - Accesskey = s. Chargeback challenges for international projects. By mgentle on November 8, 2010. International projects you go first! International projects are frighteningly expensive and fraught with complexity, both technical and organizational. The theory behind cost savings, synergies and process standardization hardly ever materializes, as anyone who has ever managed one can probably attest to. If you now also throw chargebacks into the mix, things can really become messy. After al...

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