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Volume No. 18, June 6, 2008
 
In This Issue
Spotlight Article
Feature Article
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Upcoming DCG Training
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SPOTLIGHT

ARTICLE

MEASURING THE VALUE OF IT .....The phrase, "Beauty is in the eye of the beholder," could equally well apply to value as to beauty.  This webinar reviews the most frequently used financial and non-financial measures of IT value.  The webinar also considers how these can be combined to facilitate comparison of options. Mike Harris (President of IFPUG and Vice President, David Consulting Group) will explain how to get real performance improvement out of your process improvement initiatives. 
 
Visit our Publications Page  and scroll down to the Presentations Section to download this Presentation 
 
 
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NOW AVAILABLE

SEE 'UPCOMING WEBINARS' to find out how to WIN ONE COPY FREE

Business Value or IT Cover

"THE BUSINESS VALUE OF IT:  Managing Risks, Optimizing Performance, and Measuring Results," by Michael D. S. Harris, Principal of ITDC, David Herron, Founder of DCG, and Stasia Iwanicki, Managing Consultant is available now for sale at amazon.com. 
 
"The value of people assets is the capacity for creativity, analysis, perception, learning, judgment, leadership, coordination, empathy and trust.  Such capacity is in teams and individuals within the organization, due to knowledge, experience and skills."  (Chapter 15:  How Should IT Manage Its People?)
 
Order your copy now at CRC Press Online. Enter Code JAF05 for an additional 15% Discount.
 
Greetings!
 
IT Estimation Growing Up
 
Software estimation is both art and science.  While many estimation tools try to move the art of estimation more over to science, human performance factors are always the great unknown. Many good cost software cost estimation models, strategies, tools and techniques exist and are useful. DCG does not sell tools or products in this space so we can deliver the appropriate IT value based solution to our clients.  
  SEER GRAPHIC
That does not mean we do not evaluate and ask our clients to consider tools as an important part of their strategy and approach. One of our industry partners, Galorath, has made significant inroads in commercial and government markets with its suite of tools including the SEER-SEM software estimation module, part of the SEER for Software suite. A solid tool that should be on everyone's short list.   However, estimation for non-software information technology intensive projects is a domain that needs leadership, strategies and tactics to help improve IT professional performance.
 
Last month, Galorath released SEER for IT, which DCG believes is a strong and early entry into this marketspace. It is worth evaluating as part of your estimation best practices approach.   Briefly, SEER for IT was designed for IT professionals, enabling organizations to develop an early and accurate assessment of project costs, schedules, and risks as well as ongoing support, helping to maximize productivity and output with fixed or declining budgets. Spurred by new compliance regulations, the rise of outsourcing options, flattened budgets, and calls by senior management to "run IT more like a business," CIOs are under pressure to impose more formal processes on IT activities.  
 
SEER for IT has a collection of estimation elements (process models) which can be used to define the work required as well as patterns for typical organizational approaches.  Each element has a set of inputs, calculations, rates and factors, and a set of outputs. Elements/process models are used to define a project, to compute costs, and to provide logical groupings for IT activities.  Users can create custom Knowledge Bases and perform analyses with metrics derived from company project histories and task labor standards. A variety of charts, graphs, and reports are available to quickly summarize and communicate project outcomes, alternatives, and work-in-progress.

Given that the SEER for IT software has its "genetic" origins in the strong and enduring SEER for Software suite, the prospects of this new tool being an excellent industry performer is very good.
 
For more information on SEER for IT, contact Tony Timbol at DCG or call 904-287-0294.
UPCOMING WEBINARS ..... 
 
bulletFunction Point Primer
Tues Jun 10, 1:30 - 2:30 pm EST  Register NOW
This webinar presentation by Sheila Dennis will discuss how the Function Point metric can be used by organizations worldwide to accurately size systems in an effort to meet customer demand on time and within budget.
 
Learning Objectives:
  • How And When To Apply Function Point Analysis (FPA)
  • Understand The Principles Behind FPA
  • Rules For Counting Function Points
  • Sizing Data And Transactional Functions
  • The Value Of Function Points In Measurement

Register NOW

 
 bulletHow Should IT Manage Its People?
Thurs June 19th, 1:30 - 2:30 pm EST
Presented by Mike Harris, Pricipal of IT Decisions Coaching, and President of DCG, this webinar concentrates on what the business should care about that is specific to its IT Providers, visible outside the IT Provider organization, and different from or needs more sensitivity than the management of all the other people in the organization.
 
Mike is the co-author (along with David Herron and Stasia Iwanicki) of the recently published book, The Business Value of IT (see side bar for book details).  ONE LUCKY PARTICIPANT OF THIS WEBINAR WILL WIN A COPY OF THIS BOOK, so Register NOW
 
 
bulletDCG VVF Webinar:  A Targeted Approach to Visualizing Value
Tues June 24th, 1:30 - 230 pm EST
People, process and technology are the building blocks from which IT organizations deliver functionality, services and hopefully profound value.  This Value Visualization Framework Webinar will discuss the value of a framework for identifying the levers needed to tune your IT organization to provide profound value.

This webinar is presented by DCG's Tom Cagley, VP of IT Performance and Process Improvement
Register NOW  

For questions regarding upcoming Webinars, contact Fiona Thompson 610-644-2856 Ext 21.
!!  WEBINAR WINNER !!
 
Last month we offered a prize drawing of one copy of the recently published book, The Business Value of IT, to one lucky participant of our webinar on Measuring the Value of IT (see Spotlight Article).  We are happy to announce that the winner was Nancy Emerson of Federal Reserve Bank.  We will be in contact with you for delivery details.  Congratulations Nancy!
 
For your copy of this book, see the side bar for purchasing details.
Upcoming  DCG Training
 
Online Function Point Analysis Introduction Class
CMMI Library graphicJuly 22 - 25,
9:00 am - 1:00 pm EST each day
This course provides attendees the opportunity to learn Function Point counting techniques and to apply them through exercises and case studies. This is followed by a counting clinic using one of the organization's applications to help participants correctly apply the rules. 

Contact Fiona Thompson for more information at 610-644-2856 Ext 21
 
New Class Offering in Washington DC area
Read next week's UPDATE for details ..... 
David Consulting Group
 
Measure. Improve. Deliver
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