Total Project Costs Driven by Training and Change

Health record implementation incurs significant costs related to organizational change, required to train users and sustain their processes during the transition. ...

... "Training and related productivity losses represent more than 50% of the total cost involved in a big EHR project. " ...

Via Health Data Management: Kaiser Permanente

Holistic Business Case

It's better to be more inclusive in defining project costs and benefits in the initiation process. Let the CFO understand your thought process and refine from there with finance's help, especially if the business is responsible for delivering benefits. ...

... "CFOs see [a project's] budget in [its] totality. There are a lot of other costs that sometimes get left out of the IT project pitch. " ...

Via ZDNet Asia: Gartner on Speaking CFO Language

IT Cost Translator

Turn project costs into operational metrics to bridge the communication gap between IT and business execs. ...

... "The core of our Martian/Venusian phrase dictionary for business and IT is to create unit cost measures of IT and the value added by IT in your organization and your industry. " ...

Via Harvard Business: Discuss IT Cost with Executives

Scalable Project Discipline

Should we classify projects by size and scale project discipline using size (cost / effort) as the meter for project discipline? I've seen that more often, since investment size (cost / effort) at risk warrants discipline to improve likelihood of success.

But how about situations when various size projects (including small ones) are critical to business success and either time or quality of the deliverable is the key business driver. Business critical projects are worthy of a disciplined method of delivery.

Or, should we ignore size, etc. and achieve a level of PMO maturity that operates at such an efficient level of productivity and project volume throughput that the project management discipline is optimal across the full portfolio?

What do you think? ...

... "there must be a dividing line between projects that are complex and critical enough to require a full, rigorous methodology, and those projects that are simple and routine enough to be managed with minimal project overhead. The question is: Where is that line? " ...

Via TechRepublic: Project size classification determines rigor

Misleading IT project costs

Program, project, phase one, two, or three. Communication about the costs of the current scope and the overall project can be challenging. ...

... "Jeffrey defended the declaration of the GBP2.3bn price, saying that the answer given only related to approved costs. " ...

Via Computing: MoD may have misled parliament

Project Management Challenge

Costing too much and falling short on delivery is the path to extinction. ...

... "Project managers agree that they are regularly charging too much – and not just to public sector clients. " ...

Via Finance Week UK: Project managers accused of costing too much, delivering too little