Remove Agile Remove Efficiency Remove Finance Remove Software
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How to Use Flow Metrics to See if Your Economies of Scale Offer Value, Part 3

Johanna Rothman

Flow Efficiency In How Centralization Decisions Create Friction, Increase Cycle Time, and Cost Money, Part 1, I discussed how removing support staff for departments and managers created longer cycle times. Now, it's time for Economies of Scale and how that ties into resource efficiency thinking. See the Wikipedia article.

Metrics 63
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7 Critical Success Factors for Project Based Firms to Consider in 2024

Progressus

The Power of Unity Firms need real-time insights into the entire business – finance, project accounting, sales, everything – otherwise multiple versions of the truth will start showing up in budgets, estimates, and forecasts. Many pro services firms still use fragmented systems or analog methods like spreadsheets to manage projects.

Agile 52
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ERP Software for Project-Driven Organizations

Progressus

Many project-driven organizations are finding that they can operate much more efficiently with Enterprise Resource Planning (ERP) software. What is ERP Software? ERP is a type of software system that helps organizations automate and manage core business processes for optimal performance. Ensure business agility.

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Possible Organization Changes for a Product Approach, Part 5

Johanna Rothman

I’ve noticed these challenges in companies who want to move to a more product-oriented approach: The reward system rewards resource efficiency, not flow efficiency. I think it’s similar to the Big Ball of Mud antipattern in software. There might be more systems I don’t see yet. That way, people can learn early.

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With Agile Approaches, No Need to “Meet” or “Enforce” Deadlines

Johanna Rothman

He thought agile approaches would work to “meet” and “enforce” deadlines. Schedule Variance Does Not Make Sense for Software Products. However, software product development is not construction. Software creation is all about learning. (See The managers thought Finance needed schedule variance.

Agile 85
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Hospital Budget Systems Are Holding Back Innovation

Harvard Business

These barriers, however, can be overcome by changing how hospitals acquire new technology and by providing incentives to units to use digital innovations to provide more effective and efficient care. Typically, technology hardware and perpetual software licenses are purchased via capital budgets. Barrier 1: Unaligned budgeting units.

System 28
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Top 11 Must-Read Project Management Books

Epicflow

The essays are based on Scott Berkun’s work experience as a project manager at Microsoft, which however doesn’t mean that his guidelines will be useful for software development projects only.