What is the True Cost of an Activity's Work? Is It Worth It?

I just posted a new blog article: “What is the True Cost of an Activity’s Work? Is It Worth It?” You can find it here.

In my most recent articles, I discussed the value breakdown structure) VBS as a tool for estimating the value of projects within a program, or work packages and activities within a project. But on a project investment, work has not only value, but a cost. And since most projects and programs are not using the techniques necessary to determine the true cost of that work (i.e., they ignore drag costs), projects often wind up incorporating work that, if the VBS and drag cost were computed, would be seen as actually reducing the program’s ROI by having a negative value-added.

Fraternally in project management,

Steve the Bajan