Project Profitability: Ensuring Improvement Projects Achieve Maximum Cash ROI
- 2h 15m
- Reginald Tomas Lee
- Business Expert Press
“If your position requires you to analyze the ROI or increased efficiencies of projects, then this is a must read. This book could literally save you millions of dollars by analyzing projects based on the cash return instead of perceived savings.” —Jarrod Souza, CFO at Michael Hyatt and Company
“’Project Profitability’ should be read, underlined, and regularly revisited by any leader responsible for improving the bottom line.” —Daniel D. Morris, CPA, CGMA, TEP; Senior Partner, Morris + D’Angelo, Silicon Valley
“This book does an excellent job explaining the rationale for taking a different approach to assessing project value and then walks the reader through how to apply it, measure, and track to ensure real cash benefits are realized.” —Greg Soltis, Business Unit President
Consultants and internal project teams often make substantial claims about the savings opportunities resulting from their projects. Most of the time, these claims do not come true. Project Profitability explains why these opportunities are not realized and offers a framework that will guarantee your teams identify projects that align with your strategy, calculate cash savings appropriately, and realize these cash savings upon implementation.
Customers of consulting organizations can use this book to keep their consultants honest when savings are promised. Consulting organizations can use this book to help document the value their solutions bring, how much of that value can be realized, and what’s necessary to achieve it.
If you are a consultant, you do not want to risk having your customer know the content of this book and challenge the value promise!
About the Author
Dr. Reginald Tomas Lee is a corporate advisor with Business Dynamics & Research, author, and business analytics professor. His research and work focus on delivering cash value and improving cash performance. Reginald is the author of five books and over 40 articles and papers. His PhD is in mechanical engineering from the University of Dayton.
In this Book
Lies? Deceit? Deception?
The Cash Value Realization Process
Fundamentals of Cash Dynamics
Introduction to Business Domain Management
The Project Selection and Value Realization Process
The Source of Value
Design Improvements in the OC Domain
Financial Benefits and Benefit Projection
Benefit Realization, Accountability and Governance