Justify Your Project

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Justify Your Project

Analyzing Cost/Benefit

If we went ahead and did this, what good and bad could come of it? A cost/benefit analysis summarizes and compares both the negatives and the positives. Widely used for planning, decision support and program/proposal evaluation, it lets you understand the net effect of a decision in dollars and common sense. It's easier to decide which way to decide when you know what's behind Door No. 2.

gantthead articles
Cost Management and Study Guides: Follow this Project Manager on the Path to Certification, Part 6
- by Donna Boyette (March 11, 2002)
Oh no. Math. Don't panic...our writer is here to ease your fear of numbers with some helpful tools.

Business Analysis: Always a Necessity
- by Vijay Sankaran (May 7, 2001)
Whatever the scope of your latest BI project, you can't afford to overlook the business justification for moving forward. Analyze this, every time.

Learning the ABCs of Cost Analysis
- by Bradley S. Litt (April 18, 2001)
Determining the costs of a project is no longer as simple as figuring out what you'll pay for parts and labor. For today's complex businesses, the bottom line is often difficult to draw. Here's how to make ROI calculations and cost/benefit analysis as easy as A-B-C.

Using and Managing Contingency: Part 2--Cost Contingency
- by Harvey A. Levine (March 12, 2001)
In this second of a three-part series, the author discusses the use and management of cost contingency.

Following Footprints to Your Project Management Goals
- by Suzanne Garcia (September 22, 2000)
There is no shortage of project management tools available, but how do you know which one is right for your organization. There is no one-size-fits-all solution, so it's best to start by sizing up your organization.

When All Else Fails, Try a New Fad
- by Ian Simpson (May 30, 2000)

Twenty-plus years of project management can get you either a straight jacket or a really cranky attitude. Ian Simpson has taken the latter and is using it to help others. He's not the only one who gets fed up with this industry. You probably have plenty to gripe about, too. See what Ian has to say about his latest trip to the bookstore where he found a whole "new" world of project management advice.


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Net Present Value ( Template )
Learn how to discount future dollar values to transform future costs and benefits to their present value.

Testing Services Review Form ( Evaluation Form Report / Report - Template )
This Testing Services Review Form outlines major factors to consider when testing software, middleware or Web-based applications.

Project Proposal ( Plan - Template )
You have a great idea for a proposal. Here's a way how to put it in writing to catch the attention of sponsors, potential stakeholders and your upper management.

Calculating Net Present Value ( Template )
Learn how to discount future dollar values to transform future costs and benefits to their present value.

Project Definition Review Checklist
Before you submit your proposed project for approval, maybe it's a good idea to look at it critically first. This checklist asks some hard questions you might not even have thought about.

How to Perform a High-Level Cost/Benefit Analysis
Do the potential benefits of a project outweigh its costs? You'll need to have a high-level cost/benefit analysis in hand before you can submit your project for approval.



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"I never resist temptation, because I have found that things that are bad for me do not tempt me."
- George Bernard Shaw


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