Net Present Value

A Better Microsoft Project

This article is the first in a series, in which I wish to make a case for adding certain features to Microsoft’s Project for Desktop and Project for the web software. You might wonder why I am publish...Read More

No Pain, No Gain?

Turning Project Financial Analyses into a Painless Exercise Introduction “No Pain, No Gain” is a popular exercise slogan that promises greater rewards for the price of hard work to achieve physical ex...Read More

Certificate Series Recap – Project Portfolio Management Masterclass, Session 2

The speakers for today’s transcribed session are Dr. Shan Rajegopal and Rich Weller of Pcubed who will be designated as [Dr. SR] and [RW] respectively to indicate the speaker in question. There is als...Read More

Project Portfolio Selection Using NPV (Part 2)

Turning the whole system into something greater than the sum of its parts   In the first part of my article, we covered how the selection of projects is crucial to Project Portfolio Management (P...Read More

Project Portfolio Selection Using NPV (Part 1)

Turning the whole system into something greater than the sum of its parts   A crucial part of Project Portfolio Management (PPM) is the selection of projects. This is an ongoing dynamic process. ...Read More

Project Opportunity Cost and Why You Need to Understand It

If you’re in the middle of preparing to take the Project Management Professional (PMP)® Exam you have undoubtedly read through A Guide to the Project Management Body of Knowledge (PMBOK® Guide),...Read More

PMP Prep: Understanding Internal Rate of Return

Internal Rate of Return (IRR) is a project selection technique that takes a comparative approach for selection. When you’re taking the PMI® PMP® exam, you should expect questions on IRR. In your...Read More

The Missing Link in Microsoft Project 2010: Project Financial Intelligence

A growing number of managers rely on project and portfolio management to help them oversee their investment portfolio. As a consequence of this reliance, many have also discovered that their organizat...Read More

Working the Numbers: How to Inject Financial Savvy into Project Management

Paul Sausville is no bean counter. Although he has a master’s degree in finance, spent years at NCR and AT&T as a consultant for the banking and financial services industries, and went to wo...Read More

Putting Project Portfolio Management to Work in a Bad Economy

How has the economic downturn affected your company’s bottom line? A common theme you’re probably hearing is that organizations want to improve efficiency, cut costs, and maintain core fun...Read More