Managing COVID-19 impact on your projects

Over the past few weeks, we’ve been receiving questions around the impact of COVID-19 on projects. As our community grapples with surges in uncertainty and debate, as well as the virus’s flow-on effects – we wanted to share the top 3 topics we’re discussing and how to approach them.  (Please note – that just as[…]

forgetting-the-money-step-framework-harness-project-value

Forgetting the Money: 10 step framework to harness true project value

The way we approach financial project value is broken. It’s largely a collection of guesswork, inaccurate numbers and top-down maintenance. As a result, too many projects have failed, are struggling, and nearly all could be improved to find true value. For the past year, we’ve been working on a Project Accounting Framework to change this.[…]

Staff reduction

A Project’s Promise: the “Benefits” of Staff Reduction

When companies invest in projects that are supposed to reduce the size of their workforce either due to automation or offshoring, the language used often seems somewhat devoid of empathy. Job loss impacts people on a very raw and direct way, and deserves the gravity of being thoroughly considered with the right criteria rather than[…]

time-tracking-project-accounting-australia

To time track or not to time track? That should not be a question.

  “You should track your time even if it’s just for yourself. If you do, you will certainly be surprised.” – Stephen Covey, The 7 Habits of Highly Effective People Unless you are in a time-billing profession most of us don’t think tracking our time necessary. The concept of being accountable for our time to[…]

Blog-post-project-versus-finance

Why your finance team might cut your project budget?

“You cut my budget, again.” “My project won’t deliver benefits until next year, why is it expected this year?” Or a personal favourite: “We’re agile, we don’t need to track finances.” Can project managers and product owners be blamed for this attitude or perception towards their accounting or finance colleagues? In simple terms, no. The[…]