Post on 09-Jul-2020
Copyright Jeffrey Daniel Frey, 2008. This work is the intellectual property of the author. Permission is granted for this material to be shared for non-commercial, educational purposes, provided that this copyright statement appears on the reproduced materials and notice is given that the copying is by permission of the author. To disseminate otherwise or to republish requires written permission from the author.
Time, Money, and Resource Tracking
Copyright Jeffrey Daniel Frey, 2008. This work is the intellectual property of the author. Permission is granted for this material to be shared for non-commercial, educational purposes, provided that this copyright statement appears on the reproduced materials and notice is given that the copying is by permission of the author. To disseminate otherwise or to republish requires written permission from the author.
Time, Money, and Resource Tracking
VPIT Intern Speaker SeriesJune 18, 2008, 9:30 a.m. - 10 a.m.
Mudd 20, Rice University, Houston, TX
Jeffrey Daniel Frey, Manager, Web ServicesRice University, Houston, TX
Copyright Jeffrey Daniel Frey, 2008. This work is the intellectual property of the author. Permission is granted for this material to be shared for non-commercial, educational purposes, provided that this copyright statement appears on the reproduced materials and notice is given that the copying is by permission of the author. To disseminate otherwise or to republish requires written permission from the author.
Time, Money, and Resource Tracking
Jeff Frey
‣ Master’s In Computer Science‣ Teach Technology Courses at Continuing Studies‣ Prior Head of International Application Development ‣ Manager of Web Services at Rice University
3 and 1/2 Years in the PositionCost Recovery Center with 20 Employees +/-Create and Maintain over 300 Websites50 Projects Going on at Any Given TimeApplication Development and Database ServicesAnyone can Call for Any Technology Solution
Copyright Jeffrey Daniel Frey, 2008. This work is the intellectual property of the author. Permission is granted for this material to be shared for non-commercial, educational purposes, provided that this copyright statement appears on the reproduced materials and notice is given that the copying is by permission of the author. To disseminate otherwise or to republish requires written permission from the author.
Time, Money, and Resource Tracking
Overview
‣ Understand what it all comes down to.‣ The Triangle of Two
Less Time?- More Money- More ResourcesLess Money- More Time- More ResourcesLess Resources- More Money- More Time
Copyright Jeffrey Daniel Frey, 2008. This work is the intellectual property of the author. Permission is granted for this material to be shared for non-commercial, educational purposes, provided that this copyright statement appears on the reproduced materials and notice is given that the copying is by permission of the author. To disseminate otherwise or to republish requires written permission from the author.
Time, Money, and Resource Tracking
Remember One Thing
‣ It’s all about the Client.
Copyright Jeffrey Daniel Frey, 2008. This work is the intellectual property of the author. Permission is granted for this material to be shared for non-commercial, educational purposes, provided that this copyright statement appears on the reproduced materials and notice is given that the copying is by permission of the author. To disseminate otherwise or to republish requires written permission from the author.
Time, Money, and Resource Tracking
Okay, Remember Two Things
‣ It’s all about the Client...‣ ...given enough time, money, and resources.
Copyright Jeffrey Daniel Frey, 2008. This work is the intellectual property of the author. Permission is granted for this material to be shared for non-commercial, educational purposes, provided that this copyright statement appears on the reproduced materials and notice is given that the copying is by permission of the author. To disseminate otherwise or to republish requires written permission from the author.
Time, Money, and Resource Tracking
Details about Terms: Time
‣ TimeEmployees average 8 hours on site a dayThat’s 40 hours a week2080 hours a yearTwo Weeks vacation -80That’s 2000 hours a year on siteHowever, estimate 6 true work hours a day6 * 5 = 30 * 50 = 1500Employees account for their entire dayAllocate toward specific projects or buckets
Copyright Jeffrey Daniel Frey, 2008. This work is the intellectual property of the author. Permission is granted for this material to be shared for non-commercial, educational purposes, provided that this copyright statement appears on the reproduced materials and notice is given that the copying is by permission of the author. To disseminate otherwise or to republish requires written permission from the author.
Time, Money, and Resource Tracking
Details about Terms: Money
‣ MoneyEverything costs moneyBenefits, software, meetings, computers, post-itsThink about EVERYTHING: awards, cell phones, waterWhat are you worth? Who should be doing what?How many people should be doing it?Why send two when you can send one?Why send one when you should send two?Billable Rates relate to Time$50,000 salary a year... is it recoverable?
Copyright Jeffrey Daniel Frey, 2008. This work is the intellectual property of the author. Permission is granted for this material to be shared for non-commercial, educational purposes, provided that this copyright statement appears on the reproduced materials and notice is given that the copying is by permission of the author. To disseminate otherwise or to republish requires written permission from the author.
Time, Money, and Resource Tracking
Details about Terms: Resources
‣ People Don’t Like to be Called Resources :)“Resource Allocation”Let’s talk about Time and Money% of day spent on buckets% of day spent billableWhat else is a resource?- computer workstation / chair- projector, demo laptop- books, training, conferencesClient Time can also be a scheduled Resource
Copyright Jeffrey Daniel Frey, 2008. This work is the intellectual property of the author. Permission is granted for this material to be shared for non-commercial, educational purposes, provided that this copyright statement appears on the reproduced materials and notice is given that the copying is by permission of the author. To disseminate otherwise or to republish requires written permission from the author.
Time, Money, and Resource Tracking
Increase Your Efficiency
‣ Track Timesoftware, swipe cards, punch ins, mole
‣ Track Moneysoftware, actuals, projections, shoe boxes
‣ Track Resourcessoftware, human check-in/out, honor system
‣ WebTimeSheet (could be spreadsheets)
Copyright Jeffrey Daniel Frey, 2008. This work is the intellectual property of the author. Permission is granted for this material to be shared for non-commercial, educational purposes, provided that this copyright statement appears on the reproduced materials and notice is given that the copying is by permission of the author. To disseminate otherwise or to republish requires written permission from the author.
Time, Money, and Resource Tracking
Conclusion
‣ Time, Money, Resources (you can only have two)‣ It’s all about the Client.‣ Time
Time is fixed, but amounts spent are not.‣ Money
Everything costs money, but how much?‣ Resources
People are resources, and allocate all resources well.
‣ Track and Monitor them all to the best of your ability.
Copyright Jeffrey Daniel Frey, 2008. This work is the intellectual property of the author. Permission is granted for this material to be shared for non-commercial, educational purposes, provided that this copyright statement appears on the reproduced materials and notice is given that the copying is by permission of the author. To disseminate otherwise or to republish requires written permission from the author.
Time, Money, and Resource Tracking
VPIT Intern Speaker SeriesJune 18, 2008, 9:30 a.m. - 10 a.m.
Mudd 20, Rice University, Houston, TX
Jeffrey Daniel Frey, Manager, Web ServicesRice University, Houston, TX
Copyright Jeffrey Daniel Frey, 2008. This work is the intellectual property of the author. Permission is granted for this material to be shared for non-commercial, educational purposes, provided that this copyright statement appears on the reproduced materials and notice is given that the copying is by permission of the author. To disseminate otherwise or to republish requires written permission from the author.
Time, Money, and Resource Tracking