Penalised for not spending budget
I was then working as a PM for a large IT outsourcer. I had a portfolio of 35 small systems that had been developed by users to solve particular problems they had, and which were while not corporate mission critical, were section mission critical .
My team of 3 had the task of reverse engineering them, documenting and then making them maintainable. As part of that process we had started changing dates to 4 digits from 1995, so come the great panic of 1999 we had already done 9
9% of the work.
1999 roles around, I request a 150k budget for Y2K, mainly so I could charge the meetings and travel to meetings, and to pay my team time to prepare information for the numerous audits. To my surprise I was given $5 million solely for Y2K remediation. Some beancounter saw I was managing n klocs of code and his formula said X $ per kloc and I ended up with $5million, which was twice my normal annual budget.
We passed every audit, turning around requests for information usually same day , but always within 24 hours instead of 5 working days that was rwquested, we were ready and could easily prove it, and didn't have a single issue.
Come to my performance review at the end of January, every millstone and performance objectives hit, except that pesky budget +- 10%. My team only billed $148 K for Y2K remediation, and I had only spent 95% of my normal budget, so spot on what I had estimated, but no I had underspent by 4.8million Arguing that I never requested 5 million, and only requested 150k , with documentation, fell on deaf ears. So I missed out out on quite a substantial bonus.
I spent the rollover in a "war room" , ran the tests I had to run, and left for home at 1am. Was up at 4am to take favourite no1 son to to where his choir was performing I still call Australia home to greet the dawn on tv.