Forecasting revenues is a tricky business. Two common errors (called Type 1 and Type 2 errors) made are forecasting too many sales and operating at a negative cash flow until your fume date, or underestimating sales and not having enough capacity to meet demand. The best way to negate these errors is to come up [...]
Some companies that may look profitable based on their cash on hand actually require a deeper look. Absolute Software (http://www.absolute.com/) is a company that makes software that tracks computers when they get lost or stolen. The company works with partners such as Dell to provide it’s services to end users. The company charges $100 per [...]
I have very limited experience with financial management. Most of what I know is self-taught from dealing with budgets, trying to follow conversations between people in accounting departments, and general life experience. Most of my knowledge actually comes from watching Jim Cramer, host of the TV show Mad Money on CNBC. In his books he [...]
I had to take my first dive into editing a PBX system’s settings today. I was tasked with correcting the date on our Starplus STS system because the date was wrong. The information I needed wasn’t in the manual, but after a quick google search, I found these instructions: Dial 692. You should hear a [...]
I’ve been doing research the past two years into grad schools and I’ve compiled this list of brick and mortar schools that have online programs during my travels online…
As you might know, I use my Ubuntu box as a media server that streams content to my Xbox/PS3. I currently use uShare because of it’s easy configuration (and it’s the only one I’ve found that works for me 100%!). The only problem with the software was that if something was added to my media [...]
I’ve been getting more and more interested in haptic computing and how users can gain more usability through multi-sensory computing interfaces. That sounds pretty complicated, but really it just means users of technology can gain productivity using more senses than just vision, touch, and sound (via the a display device, input device, and speaker; ex: monitor [...]
Ahhhhhhh I just love figuring out solutions to problems. The latest problem I’ve had to face at work has been a tough one. We are in the process of imaging tablet PC’s running Windows XP Tablet Edition. In the imaging process we’ve set all the settings and permissions and installed an in-house developed .NET application [...]
I came across an interesting topic while reading “Trading and Exchanges”, by Larry Harris. It dealt with shifting cash flows in time. I personally love learning of new topics, and this definitely was a paradigm shifter for me. I decided to dig a bit deeper to see what else I could learn about the topic. [...]
I think one of the most challenging aspects of portfolio project management (PPM) is actually implementing a PPM system. In my experience, changing the culture of an organization that is used to ad hoc project selection/project management requires a significant ROI, and even then may not be implemented because management is not comfortable with such [...]
Project management can be a difficult enough endeavor, but managing a multi-cultural project team can add additional differences as well. It’s important to remember that not all of the differences that arise are negative. The three main differences are: Team member motivation (Anbari 2010) Communication style Heterogeneous idea generation Team Member Motivation According to Geert [...]
My current company manufactures hardware and develops software that assists Athletic Trainers perform their job duties. They have numerous projects that run concurrently to design and develop new hardware and software revisions. Every fiscal year management develops a list of key strategic goals that will improve the company over the next year. Each proposed project [...]
