Time Is a Cost Even When Nobody Says How Much

I just published a new blog post “Time Is a Cost Even When Nobody Says How Much” at the Total Project Control  website.  The new blog explains to that even when the sponsor/customer doesn’t recognize the value/cost of time and/or doesn’t know how to incorporate it in a contract or charter, this information is still of particular value to the project manager. It shows how she should go about raising the issue with the sponsor/customer and how she can add clearly quantified value to the customer, the team and herself by restructuring the charter or contract to incentivize what the sponsor/customer wants: a more valuable project through earlier delivery.

Fraternally in project management,

Steve the Bajan