Thursday, November 11, 2021

Use the Heilmeirs for Project Funding

I learnt about the Heilmeirs from Vijay Gill, an ex-SVP at Databricks (now an SVP at RapidAPI). He said that this was the fastest way to focus the discussion around project funding. I've found it to be useful - sharing this with you.

The Heilmeirs

Project funding is governed by this one-pager process:

  • What are you trying to do? Articulate your objectives using absolutely no jargon.
  • How is it done today, and what are the limits of current practice?
  • What is new in your approach and why do you think it will be successful?
  • Who cares? If you are successful, what difference will it make?
  • What are the risks?
  • How much will it cost?
  • How long will it take?
  • What are the mid-term and final “exams” to check for success?

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