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Technology Stocks : CSGI ...READY FOR TAKE-OFF!
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To: David Eddy who wrote (1889)1/4/1998 9:20:00 PM
From: tech  Read Replies (1) of 3391
 
David,

>> I believe that these percentages represent the relative cost per phase of project. <<

From what I understand, those numbers are only how large a phase is as it compares to the whole. I don't think they include the est. costs of how much each phase costs as it pertains to the total budget.

Is there anyway we can confirm what side of the equation they represent ? (i.e. how much time each phase takes as it compares to the entire project, or how much funds will be spent on that phase as it pertains to the overall budget.)

RE: increasing costs.
>> If you're done a good job in phase I/planning, the coding changes
can be real no-brainers...just highly repetitive. <<

David, I don't agree, I think that even if you have done most of the work in phase I, you will still need the resources to do the highly repetitive coding. If these resources are drying up while at the same time the demand is ever increasing, you won't be able to keep to your budget.

If you don't pay the extra costs, then you will lose programmers to the next highest bidder, if you do decide to pay up, then you have to figure out where you are going to get the funds.

The only way out of the loop is to turn to the automated factory approach.

RE: >> Even scarcer are:<<

(1) - sustained senior management attention
(2) - seasoned project managers.
(3) - testing resources (anyone know what this system was doing in the first place?)

I agree with you 100% The attention is laughable and many of these "smart" executives will have a rude awakening once they realize the extent of the problem and cots associated with them.

The next few Q's will be very interesting. I think we will see many executive start to retire early.

I do appreciate your viewpoints on this thread. I only wish that others could discuss their views like you.

Even if we may disagree on some points, I think it is fair to say that we are in agreement that the problem is an extensive one and most companies haven't even begun to realize the extent of it.
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