About the Book :
Conventional project management systems too often fail to tell you whether you aremaking money, or what to do about it if youre not. Periodic financial reports arent helpful, so it can be nearly impossible to tell whether the whole thing is profitable until the final accounting long after the project is complete.Here, Joe Knight and company the forces behind the blockbuster Financial Intelligence show every project manager, no matter how small his or her company, how to run projects differently. Readers will learn to:- Accurately track progress on a weekly basisnot just milestones and budget but profitabilityand make whatever course corrections are necessary- Let everyone working on the project see exactly how theyre doing, and harness their ideas about how to fix whatever goes wrong (and something always does)- Identify the need for change orders as they happen, and incorporate each one into the overall project financials- Communicate weekly with customersbad news as well as goodso that customers are never surprised (or outraged) by enormous changes at the last minute. (Ditto for senior management, which also doesnt like surprises)- Use a detailed database of past projects for calculating costs, hours, and so forth, so that budgets are as accurate as they can possibly beSetpoint Systems, the authors company, teaches the method in the same popular seminars that helped to launch FI, and will heartily support the rollout of the new book. The approach is easy-to-implement, field-tested, and aimed at maintaining profitability, meaning it serves an unmet and growing need.
About the Author :
Joe Knight is CFO and co-owner of Setpoint, and co-owner and senior consultant withthe Los Angelesbased Business Literacy Institute. He is co-author of the popular and highly acclaimed book Financial Intelligence, featured in Jack Coverts and Todd Satterstens The 100 Best Business Books of All Time. CFO.com said of the book, Its like The Elements of Style of finance.Roger Thomas is vice president of operations and a project manager at Setpoint. His career includes 27 years of successful project management experience in diverse fields, including amusement ride design, manufacturing, commercial construction, software engineering, computer hardware R&D, and custom automation systems.Brad Angus is also a co-owner of Setpoint. He began his career by flying jets for the United States Air Force as a navigator and has spent most of his time since then in the trenches of small and midsized businesses as COO, CFO, and president.