Setpoint is a small business that is agile and can adjust as quickly as the management team can move. Everyone wears multiple hats, but in most job functions, we are only one layer deep. If…
Knowing When to Cross Train
Setpoint's Project Management Method Part 2
Traditional project management uses accounting that measures revenue earned by the percent complete based on costs. We believe this idea is flawed and Joe explains why.
Has Computer Aided Design (CAD) improved our lives?
We all remember how CAD would save the world and make our engineering lives more productive, error proof, and repeatable. CAD software is just one of many tools that we engineers use.
Setpoint's Project Management Method Part 1
The Setpoint way of project management is different from that of most companies. We are a project based company and the standard accounting method of tracking projects does not work for us.
Revenue Recognition in Managing Projects
At Setpoint, we measure percent complete by labor only. We evaluate how much labor was spent on a project every week and then we estimate labor required to complete the work and use labor only…