PM ADVISORY:

What Mismanaging Small Projects Will Cost You

By Curt Finch
CEO of Journyx

Okay, so maybe you have the large projects nailed in Microsoft Project, but what about the smaller ones that, in reality, make up the bulk of your portfolio? Are you just "winging" those, using status emails and Excel spreadsheets to manage them? If so, you could be making a great mistake.

Small projects, while often overlooked, are still crucial to a company's success. Since they might not involve large sums of money, many companies do not worry as much about them, but all of these small projects can add up to some major costs if managed improperly.

Best Practices

Top project managers know the best practices for their large projects, but what many do not realize is that these techniques can be applied to smaller projects as well. An article recently published in ProjectSmart affirms this: “Applying the best practices to even a small project can be done without creating too much paperwork or overhead.

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About the Author Curt Finch Author Curt Finch is the CEO of Journyx (http://pr.journyx.com), a provider of Web-based software located in Austin, Texas, that tracks time and project accounting solutions to guide customers to per-person, per-project profitability. Journyx has thousands of customers worldwide and is the first and only company to establish Per Person/Per Project Profitability (P5), a proprietary process that enables customers to gather and analyze information to discover profit opportunities. In 1997, Curt created the world’s first Internet-based timesheet application - the foundation for the current Journyx product offering. Curt is an avid speaker and author, and recently published the book “All Your Money Won’t Another Minute Buy: Valuing Time as a Business Resource”. Curt also authors a project management blog at www.project-management-blog.com, and you can follow him on Twitter at http://www.twitter.com/clf99.