Business
« Previous Entries Next Entries »Project Initiation - Business Case
Sunday, December 9th, 2007A project should only be taken on by organizations if they add value. Basically you want to ensure the benefits exceed the cost in doing the project. There is a cost to all projects and that cost is employees. If we decide to do a project that project must have man hours set against it. [...]
Capable work performance
Friday, December 7th, 2007How much project work can someone do in one week? Some senior management think that a 40 hour work week means we can get 40 hours of work from our employee. In an IT shop this is not going to happen. Even in manufacturing you cannot get 40 hours of work from an employee.
Let’s say [...]
Cash flow analysis techniques
Saturday, October 13th, 2007Payback period
This is the time it takes for a company to recoup the initial costs of producing the product. We would compare the initial investment to the incoming cash flows expected over the life of the product. Lets say the initial investment is $500,000. We expect the incoming cash flows to be $100,000 [...]
Lean thinking
Friday, August 10th, 2007Lean Thinking gives us five principles in which to reduce order to delivery times. With this process, businesses strive to have products made to order and reduce storage. These five principles are value, the value stream, flow, pull, and perfection. This book tries to guide the reader in their change process from a batch and [...]
E-Business
Friday, August 10th, 2007The Internet has changed the way business does business. The speed of transaction in e-Business has increased while reducing some of the business processes. As more companies proceed into electronic commerce, more laws and regulations will be pushed to control what business does. If businesses can regulate themselves and adhere [...]
« Previous Entries Next Entries »