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	<title>Comments on: Shift Attention from Expected to Target Costs</title>
	<link>http://www.reformingprojectmanagement.com/2006/07/25/628/</link>
	<description>The magazine for the project age</description>
	<pubDate>Sat, 17 May 2008 06:04:54 +0000</pubDate>
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		<title>by: David Green</title>
		<link>http://www.reformingprojectmanagement.com/2006/07/25/628/#comment-8163</link>
		<pubDate>Wed, 26 Jul 2006 05:28:33 +0000</pubDate>
		<guid>http://www.reformingprojectmanagement.com/2006/07/25/628/#comment-8163</guid>
					<description>This was a hot topic for me a few years ago in a construction company. We were in a competition for a facility where I raised with the estimating team the possibility of setting a cost target, based on our assessment of the competition, then having the designers work to it. All I got was blank looks! We lost the job.
Now its a hot topic for the NSW Govt. for which I work. 'Budget certainty' is the goal; that is, once the budget is agreed it must be achieved. My job is to devise tools to assist project teams across Govt. do this, so I'm deeply interested in Glenn's work.</description>
		<content:encoded><![CDATA[<p>This was a hot topic for me a few years ago in a construction company. We were in a competition for a facility where I raised with the estimating team the possibility of setting a cost target, based on our assessment of the competition, then having the designers work to it. All I got was blank looks! We lost the job.<br />
Now its a hot topic for the NSW Govt. for which I work. &#8216;Budget certainty&#8217; is the goal; that is, once the budget is agreed it must be achieved. My job is to devise tools to assist project teams across Govt. do this, so I&#8217;m deeply interested in Glenn&#8217;s work.
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