22nd April 2008, Monetical Limited, Cambridge, the provider of a management consultancy service enabling self evaluation and performance optimisation of software engineering, delivery and support activities, announces that it has signed an exclusive agreement with Dr. Thomas Ellwart.

Recognising the increased intellectual value and the competiveness which existing resource strategies influence the performance of software and IT organisations, Monetical has continued to develop its relationships with the University of Applied Sciences Zurich. The results of this partnership shall see the definition, development and delivery of the world’s first dedicated self evaluation and optimisation resource management consulting assignment. The focus of the assignment is to provide project and program owners with the necessary tools to gain a greater awareness of the quality of an existing resource pool, the types of resources being assigned to individual projects, and how the selection and appointment process at the beginning and throughout the project and program life cycle influences the eventual performance.

“Monetical is continuing to raise the value that such self evaluation activities of key project and program resources performance" John E. Abram commented, ‘in particular, our Resource module provides organisations with the ability to assignment resources based on capability, rather than availability, furthermore, ensure they take into account the unique characteristics of individuals applied to different projects and programs.’

"Past behaviour is the best predictor of future success. In this way, Monetical’s approach evaluates and models factors of optimal team performance from multiple valid data sources over time. I’m not aware of any other company that has taken this scientific state of the art to build varicoloured experiences back into practical decision-making to help project and program managers optimise their performance," commented Dr. Thomas Ellwart, University of Applied Sciences Northwestern Switzerland.

Based in Cambridge UK, Monetical Limited is the provider of a management consultancy service backed by a network of leading subject matter experts to address the increased complexity of software and IT project engineering, deployment and support activities. Its unique expertise and analytical capabilities empower software and IT organisations to optimise their performance in an increasingly complex business environment. Monetical helps small and medium-sized businesses to gain cost-effective access to a wealth of industry expertise by providing tools which enable them to compare their own operational and commercial performance against best practice. For a comprehensive description about Monetical and its solutions, visit www.monetical.com

About Dr Thomas Ellwart

Dr. Thomas Ellwart teaches at the Applied Psychology Institute of Cooperation Research and Development at the University of Applied Sciences Northwestern Switzerland. His major focus in research is on work teams with topics such as coordination processes, knowledge exchange and process improvement. Dr. Ellwart has a large number of Publications since 2002 and numerous Conference papers since 1997. Dr. Ellwart actively reviews papers for a number of European Journals. He is involved in many consulting activities including, development of online team surveys and feasibility checks for flexible work space models.