I was recently trying to determine the value of building a P&L for some development projects. Concerned that it might end up being a time sink that doesn’t pay off in the end, I asked a mentor of mine for his thoughts. Here’s his reply: I think if you approach the per project P&L with a big grain of salt, it can be a very useful tool. The grain of salt = your P&L will never be precise and you get diminishing returns past a certain point. Your instinct about using rough numbers and not spending much time is right … Continue reading Should I Use a P&L as a Product Manager?