Thursday, November 27, 2008

Bird In The Bush

Your company is suffering the pains from the economic slow down. Engineers are on the bench. An existing customer offers a two-month project. The project will cater for all the engineers on bench. However, the revenue is likely to be less as the customer needs to cut down cost - in fact, the job is offered only if you cut down costs significantly. You might just be able to break even.

There are indications that a big project might come your way in a months time. This is from a new customer that your marketing team has been pursuing for months.

Will you do the 2-month project? What about the (possible) opportunity cost? Or is a bird in hand better than two in the bush?

What do you do?

What do you do?

PS: My views here:
Project Resource Planning

1 comment:

Prabhakar said...

Bird in Hand is two in the Bush.
I would immediately put my best team into the two months projects,
and prepare myself for the big project.