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Time, Money, and Resource Tracking · PDF file Time, Money, and Resource Tracking Details about Terms: Money ‣ Money Everything costs money Benefits, software, meetings, computers,

Jul 09, 2020

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  • 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 Series June 18, 2008, 9:30 a.m. - 10 a.m.

    Mudd 20, Rice University, Houston, TX

    Jeffrey Daniel Frey, Manager, Web Services Rice 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 Position Cost Recovery Center with 20 Employees +/- Create and Maintain over 300 Websites 50 Projects Going on at Any Given Time Application Development and Database Services Anyone 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 Resources Less Money - More Time - More Resources Less 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

    ‣ Time Employees average 8 hours on site a day That’s 40 hours a week 2080 hours a year Two Weeks vacation -80 That’s 2000 hours a year on site However, estimate 6 true work hours a day 6 * 5 = 30 * 50 = 1500 Employees account for their entire day Allocate 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

    ‣ Money Everything costs money Benefits, software, meetings, computers, post-its Think about EVERYTHING: awards, cell phones, water What 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 billable What else is a resource? - computer workstation / chair - projector, demo laptop - books, training, conferences Client 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 Time software, swipe cards, punch ins, mole

    ‣ Track Money software, actuals, projections, shoe boxes

    ‣ Track Resources software, 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 Series June 18, 2008, 9:30 a.m. - 10 a.m.

    Mudd 20, Rice University, Houston, TX

    Jeffrey Daniel Frey, Manager, Web Services Rice 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

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