Project Management for Profit

CHAPTER 9

CREATING ASCOREBOARD

People have some peculiar traits. They aren’t always content just to do as they’re told. They like to know the reasons for doing A rather than B. They want to know how the whole job is progressing, and whether they themselves are doing good work. They want to know the score, just as they would if they were at a sports contest. Imagine watching a high-level basketball game with no scoreboard—you’d have to devote your full attention to keeping score rather than just enjoying the game.

The Project Management for Profit system is all about keeping score. So far, we’ve shown how the project manager can assess COGS costs and percent complete as accurately as possible, and how she can monitor gross profit and gross profit ...