Capital Budgeting: Rational Outsourcing Decision in VoIP Projects

Capital Budgeting: Rational Outsourcing Decision in VoIP Projects

According to a recent Harvard Business School study, higher IT capability directly correlates with superior revenue growth. Nearly all IT managers (at more than 150 large enterprises) surveyed for the study said they plan to increase outsourcing, particularly in the...
Contingency Calculation in Cost Risk Analysis

Contingency Calculation in Cost Risk Analysis

When performing a cost risk analysis study, one of the key results is the amount of extra monetary resources that is to be added to the project cost baseline to guarantee that the budget is not exceeded at a certain confidence level. Good project risk management...