Recent content by clsteve

Hmmm... I didn't know their was vetting process for posting here. That's good to know. If you could post your list of do's and dont's, as well as what your parameters and qualifications for intelligent conversation, that would help me greatly. I'll try to stay within those "boundaries" from...

Do not at all disagree on your points about patent apps. But, in this instance, all of the data we do have point to that's exactly what the focus of the system is and what they're currently trying to do: the costs, the delays, the Partners involved, the complexity, how FP's are managed and...

@AustinC, great thread and a long one. It might be why you missed my tag and post back on page 21. But, those 2 questions are still kind of nagging at me: "So, how can this size of a Project that goes on for 2 1/2 years longer than anticipated ,with a now much larger and expensive group of...

It's unfortunate that we will never see the 2 metrics that would answer most of the questions on why, plus success or failure: Avg. Length of Ticket Sold and Avg. Length of Stay. They're the ones that really tell the full story.....

@AustinC, that's an interesting read. The first one I've seen that takes it from the beginning to now. You're the first I've seen to bring up several key things - such as the first external acknowledgement of Partners. You had some amazing access to decision makers. I've read the article...

Wow, I'm constantly amazed by how much we're become an "instant news" society. It's been what - barely 2 months since the Snyder article and the censoring? Inside of 2 months, actually, yet they still want immediate resolution and sources for (your) info....... It takes time to gather the...

The Baccarat Table.........?

I really don't think we're that far off at all. I just think there's a piece missing which is causing the back and forth - the diff between internally developed by the company versus internally developed contractually with a Provider. With a Provider, each phase must be specifically spelled out...

That's why I think we're mixing terminology, since I agree with you. I absolutely agree that all costs up to the acceptance of the software product (minus some of the early design, "can we actually do this" effort prior to contracts)- absolutely to capex. It's the expense post acceptance - the...

Honestly,I think you and I are just getting crossed on the difference in terminologies between acctg practices and similar usage in project terminology. Anything that's outside of the original contract is an enhancement requiring a change order to the Partner. One thing to keep in mind is that...

Hah! Too true If the true costs for major projects were always presented for approval - well, it would be hard to respond to this thread via fax and teletype....

It's a very interesting quantification game with huge projects like these that include a large service provider. On one hand, it's very easy to quantify the transition to and from capitalization because of the contract(s). Within a majority time and materials (TM) contract, very often the actual...

Absolutely and I agree 100%. And when a corporation like Disney isn't that sophisticated to start (not saying they were bad, just not sophisticated), it's even tougher. Much of that can stem from the very top. One of the things that has concerned me for awhile about Disney is how they seem to...

They've had some amazingly successful projects, some amazingly unsuccessful projects (like why they changed their name) , and everything in-between. Same for all of the big guns in that space - EDS, InfoSys, etc. At the base level, it's still a Buyer/Seller relationship. They're selling man...

Sorry, I wasn't clear enough on that. That response was referencing my original reply to you where I was pointing out how and why a significant portion, if not the largest portion of NextGen expense wasn't capitalized - opex and SG&A as ParentsOf4 pointed out and that those expenditures went...