Managing digital agencies – the client perspective

Is risk sharing becoming more common for digital projects? We’re hearing more about this approach, and in fact had a great presentation from Melissa Firth, Manager of Product Development for ABC Commercial as part of the expert panel at the Advanced Digital Project Management workshop last week. The rise of risk sharing Melissa talked about the different models which are being explored at ABC Commercial, which include the sharing of IP or keeping IP and sharing revenue which means the developer in invested in the project – and the outcomes – for the long term. ABC Commercial manages a number of contractors for ...

The art & science of scoping management

Scoping is the make or break element of the project. It’s a major determinant of  the project’s profitability – and success – as it relies on the correct assessment of hours, inputs and resources. Scope creep is one of the most common reasons projects run late and over budget. As a project manager, your most important role is scope management as it directly impacts the bottom line, contributes to success of the project as well as the company, client satisfaction, and your own professional development. Scoping is done early in the project life-cycle. The output is the project plan which sets out ...

Get ready for more competition.

Get ready for more competition. Why it’s important to grow your business strategically. Offshoots of three multinational digital services businesses have just opened recently. This adds even more competition for agencies – and highlights the need for companies to take serious action to firm up and grow their business. A small group of agencies gathered in Sydney to do exactly that at the first Accelerate your Digital Business seminar. This one-day intensive workshop, hosted by AIMIA & VentureOne, was led by entrepreneur, investor and corporate advisor, Matt Costello. While the topic may be considered dry, the discussion proved that it was anything but. ...