Guessing is not a strategy: How to build decision velocity with AI and real-time data
June 10, 2026 | Live Webinar
Squeezing the Most Out of Your Project Budget
The economy is clearly the worst it has been since I entered the professional workforce in the early 1990s. I have been asked to cut everything from people to paper to pencils. There isn’t an organization in America that hasn’t enacted severe budget cuts.
At the same time, critical projects that can improve the competitive structure of an organization are still necessary. While there is great scrutiny against project expenses and hard business return, companies know they must continue to invest in good projects to position themselves when the economy recovers. The mantra of this year seems to be: Do more with much less. The question on everyone’s mind is clear: How can you deliver in the face of significant cost pressures?
Before assuming that every project that has been selected fits the category of “critical”, it is important that during these economically challenging times that all corporate leadership scrutinize the value of a project. Projects that are required should fall into one of three categories: efficiency drivers, revenue generators or mandatory regulations.
Efficiency drivers are those projects that focus on a company’s cost structure. These may include projects around software efficiencies, application decommissioning, alternate sourcing and hardware consolidation (just to name a few). However, the…
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'Human existence must be a kind of error. It may be said of it: "It is bad today and every day it will get worse, until the worst of all happens."' - Arthur Schopenhauer |