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Implementing Project Portfolio Management: From Organization Structure to Recognized Revenue · Module 7 · Project Types

Project type classes

Lesson 67 of 198 · 2 min

Three classes, and the class is what unlocks everything else. Indirect — internal, non-billable, no capitalization. Overhead and internal initiatives. Capital — costs are collected and capitalized into assets. Construction, plant, internally developed software. Contract — costs are billed to a customer under a contract. The professional services case. What each unlocks. Capital unlocks capitalization options and asset handling. Contract unlocks billing and the contract association. Indirect unlocks neither, and is the simplest. THE CLASS IS CHOSEN AT TYPE CREATION AND GOVERNS WHICH OPTIONS ARE EVEN AVAILABLE. GET IT RIGHT FIRST. Failure case seven is somebody whose options are greyed out, and the cause is a class chosen before they knew what it did. And the scoping consequence, which is why this is a concept rather than a field. A client with all three classes is implementing costing, capitalization AND billing — three substantial workstreams. A client with only indirect

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In this module: Module 7 · Project Types

  1. 1What a project type governs
  2. 2Project type classes
  3. 3Designing the type listFree preview
  4. 4Creating a project type
  5. 5Burdening options
  6. 6Capitalization options
  7. 7Classifications
  8. 8Expenditure type class controls
  9. 9Billing and other options
  10. 10Proving the type works
  11. 11What breaks
  12. 12Lab: five behavioural patterns and a stakeholder to answer