Driving costs out of projects

Save for later

Favourite

Posted by APM on 18th Jul 2010

Dave Rochford presented to the East of England branch in February 2010 on cost reduction. The presentation took the form of atools and techniques workshop. Dave launched the session with thisline of thought ''I heard a senior local government person saying last week that councils were faced with 20 to 30% reductions in revenues from 2011. Cutting costs could be the only game in town. But cutting the budget could reduce all the value in the project!''

The content of Dave's seminarincludes common problems and pitfalls, understanding what drives costs and how to control them, an overview of project management methods which impact on costs, best practice on project selection,approval,prioritisation and portfolio management. He finally tacklestips on how to successfully take costs out of projects.

Throughout the presentation Dave provided some fundamental quotes from keybusinesseswhich emphasised the high proportion of projects that exceed costs. He usedtwo case studies to reiterate his point. Dave spent time considering cost drivers and project management tools as well as earned value.

This is an excellent session which has some great tips on how to manage costsand how not to get intothe viscous circle of poor project portfolios.

Slides from Dave's presentation are available to download below.

Comments on this site are moderated. Please allow up to 24 hours for your comment to be published on this site. Thank you for adding your comment.
{{comments.length}}CommentComments
{{item.AuthorName}}

{{item.AuthorName}} {{item.AuthorName}} says on {{item.DateFormattedString}}:

Share this page

Recommended events

Event

Project Management Mythology

21 November 2017

Recommended blogs

The Cake Theory of benefits realisation

13 March 2017

“There is only one cake,” I stated to the rather amused group in front of me. “And it’s only fair, if more than one person helped bake that cake, that they each get a slice of the cake.”

Save for later

Favourite

First capabilities, then benefits should follow

3 May 2017

Many people think of an initiative in terms of “deliver the project” and then “realise the benefits”. I thought I would share an approach concerned with a business, or technical, “capability”, that focuses on use of the capability to realise the benefits.

Save for later

Favourite

Recommended news

Save for later

Favourite

Join APM

Sign up to the APM Newsletter.