Price is a a very powerful idea in Challenge Control. However there are other ways to calculate it. For my cash, essentially the most powerful easy resonance of price is Go back on Funding, ROI.
ROI is the ratio of Web Source of revenue to General Price:
ROI = Web Source of revenue / General Price
And Web Source of revenue is General Source of revenue minus General Price:
ROI = (General Source of revenue – General Price) / General Price
Really useful Movies
Moderately curated video suggestions for you:
🎬 What’s a Discounted Money Wave – DCF?
🎬 What’s Earned Price Control – EVM?
🎬 What’s Price? …or Challenge Price?
🎬 What are Challenge Advantages?
What are Challenge Advantages?
🎬 Advantages Control: the Lacking Wisdom Branch
🎬 How one can Do Challenge Advantages Control
🎒 A occasion again, I requested Challenge Managers in a few boards what subject material issues you want to have, to do your activity as a Challenge Supervisor. They spoke back magnificently. I compiled their solutions right into a Equipment checklist.
https://kit.co/MikeClayton/what-a-project-manager-needs
Observe that the hyperlinks are affiliated.
🎬 For extra superb Challenge Control movies, please subscribe to this channel: https://www.youtube.com/channel/UCMZfp1_wquyegVY9SoER0Nw?sub_confirmation=1
🎁 For all our superb Challenge Control articles and sources, please take a look at the OnlinePMCourses site: https://onlinepmcourses.com/
🏛 For ordinary Control Lessons – separate coaching hosted on YouTube, with 2 brandnew control courses a pace, take a look at our sister channel, Control Lessons: http://youtube.com/c/managementcourses
🎓 For extra of our Challenge Control movies in themed collections, tied our Detached Academy of Challenge Control: https://onlinepmcourses.com/free-academy-of-project-management/
⏱ Bankruptcy Markers…
00:00 – What’s Go back on Funding (ROI)?
00:13 – Price
01:09 – Calculating ROI
01:51 – ROI Ratio and ROI Proportion
02:07 – Decoding ROI values
02:50 – Virtue of ROI
03:11 – ROI limitation
04:04 – Summing up
#ROI #ReturnOnInvestment #ProjectManagement
source
I explain what ROI is, how to calculate it, and why it's important.
This is an important follow-up to our video, What is Value? …or Project Value? https://youtu.be/jnPIhLQbua4
Is there a way you can calculate the eps if the ROI is given??
I want to be like my comic book football hero with a twist: I want to be Roi of the PMOvers. I want to score a hatrick of investment returns. I want to dribble in an agile way past all the risks and issues and win the game within the schedule and scope of my 90 minutes. Now the amazing Dr Mike has perfectly articulated what ROI is, I want to be the portfolio boss of the corporate midfield, the Bryan Robson always tackling back against any overspend and/or penalties not converted into benefits from the spot. Dr Mike is the king of all, and long may his glorious reign continue as he shares with us in his wonderful, cutting-edge, servant leadership.
Excellent video Mike! Nicely explained 👍
Hehe stonks