What does a feature cost? A lot of people would like to know but in the last 20 years or so, we have migrated away from the practice of budget and cost tracking for distinct features to the more Agile approach of 1) how will we make that feature and; 2) is it done yet? It’s a project management formula with the potential for enormous mischief. Let’s roll back the project management clock a bit…
Many years ago, I was in New York City presenting our TimeControl timesheet product to the IT department of a large multi-national bank. There were easily 20 attendees if not more all sitting around a very long cherry-wood conference table that stretched to my left and right. I was in the middle and across from me were the CIO and the VP of Finance. That they were in this meeting was a measure of how…