engagement vs commitment

propex

Found out what PROPEX is today. PRoject OPerating EXpense. Definition ripped from a forum “i.e. operational implementation costs for a solution. Once upon a time many companies rolled implementation costs into CAPEX, but it appeared on the balance sheet as an asset without any tangible benefit. Many organisations now differentiate PROPEX from BAU operational costs (OPEX) to make budgeting and accounting easier. OPEX is typically budgeted for once or twice per year, but PROPEX can often be asked for when any project requiring your team’s effort comes along.”

new site

Was going to register theitconsultant.wordpress.com but can you believe it was already taken?