Project Management Blog

Learn how to manage projects efficiently. Tips and strategy from experts. Stories, & new approaches to project management, videos & training.

Brad Egeland


Brad Egeland is an IT/Project Management consultant, business strategist, and author with over 25 years of software development, management, and project management experience leading initiatives in Manufacturing, Government Contracting, Gaming and Hospitality, Retail Operations, Aviation and Airline, Pharmaceutical, Start-ups, Healthcare, Higher Education, Non-profit, High-Tech, Engineering and general IT.

Brad Egeland in Project Management 101 & Tools

Increasing Project Profitability: Part 3 – Budget Management


Just as scope needs to be managed closely to ensure that unplanned work is not hitting the budget and just as resources need to be closely guarded and managed to ensure that they are focused on the important tasks, it is also necessary to continually stay on top of the project budget. All three of these concepts are intertwined, but the best way to ensure that none of these three items are killing the project financially is to be monitoring the project budget on a continual basis. Let’s consider these three steps to effectively and efficiently keep the project on track through proper budget management

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Brad Egeland in Project Management 101 & Tools

Increasing Project Profitability: Part 2 – Resource Management

solar energy

In Part 2 of this three-part series on increasing project profitability, we’ll examine the role of effective resource management in keeping project budgets on track. Equipment, third party vendors, and data center charges – among other things – get expensed to our project budgets. But far and away the biggest drain on project dollars is the efforts of project team members being charged against the project budget. These are highly skilled individuals and they are often being charged against the project at rates of $100, $150 or even $200 per hour. One can see that inaccurate time charges, wasted or unproductive resource time, and poor task oversight can quickly lead to a project going way out of control and over budget.

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Brad Egeland in Project Management 101 & Tools

Increasing Project Profitability: Part 1 – Change Management


Project success is usually judged on one or more of three key factors: on time delivery, on budget delivery, and customer satisfaction. In fact, success on the first two factors usually goes along way in experiencing success on the third factor. For this three-part series, I’d like to focus on project profitability. While that’s not specifically on budget delivery, ending with a profitable project when you deliver that final solution to your customer usually means you kept the budget in check and delivered a fairly issue-free solution. Both usually translate into project success. In Part 1 we’ll examine the role of change management in the concept of project profitability.

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