How to Measure the Profitability of a Project?

Projects revolve around financial results, so you can imagine the importance of project profitability in project management. Being able to determine in advance whether a project will be profitable is how organizations decide which projects to start and which to discard. But what exactly is project profitability, and how does it relate to professional services teams, consultants, CFOs, and accountants? We'll define the term and explore how to ana…