Thursday, June 28, 2012

Why Project Management ROI?

As your company feels the impacts of the economy, where will they make the first cuts?

  • cut free coffee?
  • cut PM training?
  • cut PMs?
 
ROI helps us think differently starting at the beginning of the project:
  • - what results (ROI) are expected from this project?
  • - how will trade-offs during the project affect the results (ROI)?
  • - what doesn’t get measured, doesn’t get done!
  • - if you can’t prove the impact of this project on corporate measures, other departments like Sales and Marketing will happily take the credit

 
Wayne Brantley advises us to spend 3-5% of project costs on evaluation. Wayne teams up with Dr. Phillips of ROI Institute to show us step-by-step how to build the strategy, data collecting, and reporting of project ROI to executives. This reporting will also ensure the proper resources and project funding is allocated on the current and future projects and help us get the organizational buy-in that we need!
 
Find the book on Amazon  Contact wayne.brantley@VillanovaU.com to volunteer your company for project management ROI studies!


Dr. Jack J. Phillips is Chairman of the ROI Institute (www.roiinstitute.net.) and a world-renowned expert on measurement and evaluation.

 
Wayne Brantley, MSEd, PMP, CRP, CPLP, is the Senior Director of Professional Education for the University Alliance (www.universityalliance.com).

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As a technical leader, I develop a talent pipeline that can deliver client's expectations in a motivating and productive environment.

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I have delivered management and technology consulting solutions for Deloitte, BearingPoint, Department of the Interior, TRICARE Military Health System, Defense Information Systems Agency (DISA), Raytheon, Lockheed, Northrop, and Boeing on various projects in manufacturing, software development, systems engineering, testing, and ITIL management.