Tag: Cost

My Caffeine Fueled Rant

My Caffeine Fueled Rant

People who know me know that I drink a lot of coffee.  I’ll drink it hot.  I’ll drink it cold.  I’ll drink it from the pot, 9 days old.  OK, not 9 days old.  That’s just gross.  One of the places I like to drink coffee is a diner.  9 out of 10 times, diner…

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This Is How You Know When To Kill A Project

This Is How You Know When To Kill A Project

According to the Project Management Body of Knowledge (PMB0K), projects are authorized due to internal business needs or external influences.  Project end is reached when the project’s objectives have been achieved or when the project is terminated because its objectives will not or cannot be met, or when the need for the project no longer…

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2 of 100 Items Missing From the PMBoK

2 of 100 Items Missing From the PMBoK

Variance At Completion (VAC) is the difference between what the project was originally expected (baselined) to cost, versus what it is now expected to cost. Every month, our vendor is required to report this total on the project as a whole and on key deliverables.  I’m used to seeing the numbers reported and how to…

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