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Project Decisions 2nd Edition
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Book Synopsis Project Decisions, 2nd Edition by : Lev Virine
Download or read book Project Decisions, 2nd Edition written by Lev Virine and published by Berrett-Koehler Publishers. This book was released on 2019-11-05 with total page 403 pages. Available in PDF, EPUB and Kindle. Book excerpt: This new edition gives project managers practical methods and tools to make the right decisions while juggling multiple objectives, risks and uncertainties, and stakeholders. Project management requires you to navigate a maze of multiple and complex decisions that are an everyday part of the job. To be effective, you must know how to make rational choices with your projects, what processes can help to improve these choices, and what tools are available to help you with decision-making. An entertaining and easy-to-read guide to a structured project decision-making process, Project Decisions will help you identify risks and perform basic quantitative and qualitative risk and decision analyses. Lev Virine and Michael Trumper use their understanding of basic human psychology to show you how to use event chain methodology, establish creative business environments, and estimate project time and costs. Each phase of the process is described in detail, including a review of both its psychological aspects and quantitative methods.
Book Synopsis Risk and Decision Analysis in Projects by : John R. Schuyler
Download or read book Risk and Decision Analysis in Projects written by John R. Schuyler and published by Createspace Independent Publishing Platform. This book was released on 2018-08-21 with total page 518 pages. Available in PDF, EPUB and Kindle. Book excerpt: Decision analysis (DA) guides executives toward logical, consistent decisions under uncertainty. This book instructs readers in applying DA to feasibility analysis, project estimation, and project risk management.This is a wholly rewritten and expanded successor to the best-selling first and second editions.The entire investment lifecycle is covered, from conception, to the project plan, to the post-project review, and to a look-back analysis of the capital investment decision.DA applies to all manner of project management (PM) decisions for individuals, government, and non-profit organizations. The book uses a business investment perspective and assumes that maximizing value for the project owner is the objective.DA is a problem-solving process. There are four key features: 1) probabilities and probability distributions express best judgments about risks and uncertainties. 2) The organization has a decision policy expressed as a single metric (the objective function). 3) Probabilities and outcome values combine in the probability-weighting expected value calculation. 4) The organization as a policy to choose the best expected value alternative.This book aims to make decision making clear, simple, and logical. A clear decision policy can be elusive, and the author offers suggestions for making trade-offs among conflicting objectives. Converting the three pillars of project management (cost, schedule, and performance) into project value equivalents makes the trade-offs clear.This book is intended for serious PM students and practitioners. This is an essential concepts and how-to book. The scope is quantitative analysis, from project inception to post-project review. Project cost and schedule modeling, in modest detail, is essential to feasibility analysis and risk management. A general background in PM and corporate planning will be helpful. The methods are quantitative and straightforward. The reader should be comfortable with basic algebra and Microsoft(r) Excel(r).The book has eight pages of Suggested Reading annotated references (plus footnote additions), over 250 figures, approximately 600 Glossary definitions, and over 2400 Index entries. Online supplements include several whitepapers and other documents, example calculation spreadsheets, detailed color images of several important figures, four videos (including a critical chain simulation), and the Utility Elicitation Program (a web app, free for most users).Key topics include: Decision trees and Monte Carlo simulation for calculating outcome distributions and expected values * Probability concepts, including Bayes' rule for value of information analysis * Popular probability distribution types and when they apply * Eliciting expert judgments, with attention to potential cognitive and motivational biases * Recognizing the three pillars project in terms of project value * A 10-step decision analysis process * Project modeling concepts and techniques, with special attention to risk drivers and other correlations * Deterministic and stochastic sensitivity analysis * Decision policy that distinguishes objectives, time value, and risk attitude * @RISK(r) with Microsoft(r) Project for project simulations under uncertainty * Logical, consistent risk policy expressed as a utility function * Merge bias when task chains converge at a merge point * Tail estimate bias when estimating highly uncertain quantities * Optimizer's curse, a portfolio forecasting bias * Winner's curse, a bias characteristic of auctions * Using the best of critical chain and Monte Carlo simulation * Stochastic variance between a deterministic and a stochastic model * Modeling risk and uncertainty using probabilities, probability distributions, explicit formula relationships, correlation coefficients, risk drivers, conditional branching, and rework cycles.
Download or read book Project Decisions written by Lev Virine and published by . This book was released on 2014-05-14 with total page 377 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Project Decisions, 2nd Edition by : Lev Virine
Download or read book Project Decisions, 2nd Edition written by Lev Virine and published by Berrett-Koehler Publishers. This book was released on 2019-11-05 with total page 321 pages. Available in PDF, EPUB and Kindle. Book excerpt: This new edition gives project managers practical methods and tools to make the right decisions while juggling multiple objectives, risks and uncertainties, and stakeholders. Project management requires you to navigate a maze of multiple and complex decisions that are an everyday part of the job. To be effective, you must know how to make rational choices with your projects, what processes can help to improve these choices, and what tools are available to help you with decision-making. An entertaining and easy-to-read guide to a structured project decision-making process, Project Decisions will help you identify risks and perform basic quantitative and qualitative risk and decision analyses. Lev Virine and Michael Trumper use their understanding of basic human psychology to show you how to use event chain methodology, establish creative business environments, and estimate project time and costs. Each phase of the process is described in detail, including a review of both its psychological aspects and quantitative methods.
Book Synopsis Strategic Project Management by : Michael J. Termini
Download or read book Strategic Project Management written by Michael J. Termini and published by Society of Manufacturing Engineers. This book was released on 1999 with total page 250 pages. Available in PDF, EPUB and Kindle. Book excerpt: Tools and techniques for planning, decision making, and implementation. This new book examines and documents methods for developing and employing critical project management skills. The emphasis is on providing both novice and seasoned project managers with insight into real-world, practical applications. The techniques are proven, the approach sound, and the results measurable and significant. Case studies presented in the book illustrate the application of various project management strategic and tactical tools. The book follows a step-by-step approach, supported by tools, techniques and examples to illustrate each important aspect of project management. Among other topics readers will learn how to establish result-oriented project performance metrics to guarantee measurable results, exercise fundamental process control techniques that will help keep a project on budget and on schedule, accurately assess project support systems and address deficiencies early, plus many more.
Book Synopsis Project Management Essentials, Second Edition by : Kathryn N. Wells
Download or read book Project Management Essentials, Second Edition written by Kathryn N. Wells and published by Business Expert Press. This book was released on 2018-10-22 with total page 146 pages. Available in PDF, EPUB and Kindle. Book excerpt: Project management is a critical skill across a broad range of disciplines. Yet most people, regardless of educational background, have never received training in how to plan, manage, and execute projects. Project Management Essentials, Second Edition, is the go-to book for tried and true project management skills combined with the most current ideas from Agile in a concise, up-to-date, user-friendly format. It follows the project life cycle and provides several ready-to-use templates. Readers can use this book to plan and manage a project from start to finish or as a reference for help with one particular component of project management. Alongside each template is a brief description of what each template is and why it is useful, with an example to illustrate it.
Book Synopsis Project Economics and Decision Analysis by : Mohammed A. Mian
Download or read book Project Economics and Decision Analysis written by Mohammed A. Mian and published by . This book was released on 2011 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Project Decisions by : Lev Virine and Michael Trumper
Download or read book Project Decisions written by Lev Virine and Michael Trumper and published by . This book was released on 2018-04-25 with total page 560 pages. Available in PDF, EPUB and Kindle. Book excerpt: Project management is the art of making the right decisions. To be effective as a project manager, you must know how to make rational choices in project management, what processes can help you to improve these choices, and what tools are available to help you through the decision-making process. Project Decisions: The Art and Science is an entertaining and easy-to-read guide to a structured project decision analysis process. This valuable text presents the basics of cognitive psychology and quantitative analysis methods to help project managers make better decisions. Examples that portray different projects, real-life stories, and popular culture will help readers acquire the essential knowledge and skills required for effective project decision-making. Readers will be able to: -Understand psychological pitfalls related to project management -Establish a creative business environment in their organization -Identify project risks and uncertainties -Develop estimates of project time and cost based on an understanding of human psychology -Perform basic quantitative and qualitative risk and decision analysis -Use event chain methodology in managing projects -Communicate the results of decision analysis to decision-makers -Review project decisions and perform adaptive project management -Establish a project decision analysis process in their organization PLUS - Test your own judgment through a quiz that examines your intuition!
Book Synopsis Project and Program Management by : Mitchell L. Springer
Download or read book Project and Program Management written by Mitchell L. Springer and published by Purdue University Press. This book was released on 2013 with total page 450 pages. Available in PDF, EPUB and Kindle. Book excerpt: On the people side, it sheds new light on how to mold different personality types into a team, how to motivate the team?s members, and how to produce extraordinary results. After exploring the concept of?competencies? and showing how people must be at the heart of any organizational decision, Springer focuses on the essential qualities of leadership, the dynamics of teams, and the relationship between a team and the individuals that compose the team. He shows how an inclusive approach is essential to effective decision making. Using these insights, he then details the essential parts of the program management approach, describing the best way to define, organize, and schedule the work to be done, identifying risks and controlling costs during the whole process. This is a uniquely insightful and practical text that will be invaluable reading for all professionals involved in the dynamic field of project and program management.
Book Synopsis Managing Complex Projects by : International Institute for Learning
Download or read book Managing Complex Projects written by International Institute for Learning and published by John Wiley & Sons. This book was released on 2010-08-03 with total page 183 pages. Available in PDF, EPUB and Kindle. Book excerpt: The application of project management techniques is considered standard practice in today's business environment. What is not widely known is that the learning gap separating good project management from exceptional project management is not as great as one might think yet, the difference in the return on value can be quite significant. Many factors determine how projects are approached, such as rapid shifts in technology, a fluctuating market, changes in a business's organizational structure, and politics. As these forces add to a project's complexity and duration, project managers must develop strategies that allow them to think outside the box and create new on-the-go methodologies. Managing Complex Projects delivers the tools necessary to take on an unpredictable economy with an adaptable battle plan proven to meet the differing needs of an ever-expanding set of partners and stakeholders involved in a project. This book shows how to solve some of the issues facing today's project manager, including: Dealing with multiple virtual teams located around the world Working with partners and stakeholders that may have limited project management tools and experience Adjusting to long-term projects in which the stakeholders may change Managing projects where stated goals and objectives differ among stakeholders This book shows how companies such as IBM, Hewlett-Packard, Microsoft, and Siemens are exploring new avenues to aid them in taking on complex projects by combining "hard" skills, such as risk management and scheduling, with "soft" skills that focus on interpersonal communication. Managing Complex Projects serves as a lifesaver for time-crunched project managers looking for new ways to maximize their efforts.
Book Synopsis Fundamentals of Project Management for Development Organizations, 2nd Edition by : PM4DEV
Download or read book Fundamentals of Project Management for Development Organizations, 2nd Edition written by PM4DEV and published by Paola Diaz. This book was released on 2009-05 with total page 142 pages. Available in PDF, EPUB and Kindle. Book excerpt: The second edition of Fundamentals of Project Management incorporates a new approach to learn the basic elements of project management in the development context. At the end of each chapter we have included a review section designed to go through the important lessons in the chapter, the answers to the questions can be found at the end of the book. The book also features updated graphs and additional diagrams to help readers understand the concepts presented throughout the book. The book provides a simple reference to the modern project management concepts that are required by international development organizations dedicated to assistance and humanitarian relief. Size 6x11
Book Synopsis Articulating Design Decisions by : Tom Greever
Download or read book Articulating Design Decisions written by Tom Greever and published by "O'Reilly Media, Inc.". This book was released on 2015-09-25 with total page 277 pages. Available in PDF, EPUB and Kindle. Book excerpt: Annotation Every designer has had to justify designs to non-designers, yet most lack the ability to explain themselves in a way that is compelling and fosters agreement. The ability to effectively articulate design decisions is critical to the success of a project, because the most articulate person often wins. This practical book provides principles, tactics and actionable methods for talking about designs with executives, managers, developers, marketers and other stakeholders who have influence over the project with the goal of winning them over and creating the best user experience.
Book Synopsis Project Management Metrics, KPIs, and Dashboards by : Harold Kerzner
Download or read book Project Management Metrics, KPIs, and Dashboards written by Harold Kerzner and published by John Wiley & Sons. This book was released on 2011-07-15 with total page 387 pages. Available in PDF, EPUB and Kindle. Book excerpt: Essential strategies from Harold Kerzner on measuring project management performance The maze-like path of today's projects reflects a business environment that's growing in complexity. Factors influencing projects, such as new advancements in computer technology, an unpredictable economy, and the increase in stakeholder involvement make metrics and key performance indicators (KPI) for project management an important focus. Such measures are commonly used to help an organization define and evaluate how successful it is, typically, in terms of making progress towards its long-term organizational goals. Project Management Metrics, KPIs, and Dashboards helps functional managers gain a thorough understanding of what metrics are and how they can be best implemented to gain traction in a fast-paced and diverse working atmosphere. With content aligned with PMI's PMBOK® Guide, this book offers extensive coverage on KPIs and how they may be monitored, using techniques such as business dashboards to assist in prescribing meaningful business strategies. After reading this book, functional managers will bolster their awareness of what good metrics management really entails—and be armed with the knowledge to measure performance more effectively. This book begins with basic KPI principles, helping functional managers deal with such key issues as: Successfully integrating KPIs and metrics into managing a project within a business strategy Important business dashboard techniques used in monitoring performance What is really important to different stakeholders in a project Managing resistance to change Next the book explores the key questions to ask before implementing a dashboard or reporting system. Some of these questions include: What are your needs? What is involved in integration? What's involved in operations and maintenance? What does the system cost? How long will the system last? Throughout the book, helpful illustrations clarify complex concepts and processes. These illustrations are also available as PowerPoint slides for course and seminar presentations.
Book Synopsis Moving from Project Management to Project Leadership by : R. Camper Bull
Download or read book Moving from Project Management to Project Leadership written by R. Camper Bull and published by CRC Press. This book was released on 2010-04-29 with total page 206 pages. Available in PDF, EPUB and Kindle. Book excerpt: Imagine if we were using the same medical techniques today that were used during the Industrial Revolution, including the practice of bloodletting using leeches. Medicine has come a long way since then. So why do organizations and corporations cling to management techniques that are just as obsolete as the bleed-and-leech model? In a global workpla
Book Synopsis Mastering Project Management by : James P. Lewis
Download or read book Mastering Project Management written by James P. Lewis and published by McGraw Hill Professional. This book was released on 1998-03-22 with total page 337 pages. Available in PDF, EPUB and Kindle. Book excerpt: Tens of thousands of readers rely on James Lewis's classic Project Planning, Scheduling & Control for hands-on help in bringing projects in on time and on budget. Now, this higher-level guide takes project managers beyond basic skills. Using the flexible and down-to-earth approach for which Lewis is famed, it covers advanced topics such as identifying customer requirements using QFD (quality function deployment); allocating resources for improved scheduling applying systems thinking; and using decision-support tools in project management.
Book Synopsis Decision Making in Systems Engineering and Management by : Patrick J. Driscoll
Download or read book Decision Making in Systems Engineering and Management written by Patrick J. Driscoll and published by John Wiley & Sons. This book was released on 2022-10-25 with total page 580 pages. Available in PDF, EPUB and Kindle. Book excerpt: DECISION MAKING IN SYSTEMS ENGINEERING AND MANAGEMENT A thoroughly updated overview of systems engineering management and decision making In the newly revised third edition of Decision Making in Systems Engineering and Management, the authors deliver a comprehensive and authoritative overview of the systems decision process, systems thinking, and qualitative and quantitative multi-criteria value modeling directly supporting decision making throughout the system lifecycle. This book offers readers major new updates that cover recently developed system modeling and analysis techniques and quantitative and qualitative approaches in the field, including effective techniques for addressing uncertainty. In addition to Excel, six new open-source software applications have been added to illustrate key topics, including SIPmath Modeler Tools, Cambridge Advanced Modeller, SystemiTool2.0, and Gephi 0.9.2. The authors have reshaped the book’s organization and presentation to better support educators engaged in remote learning. New appendices have been added to present extensions for a new realization analysis technique and getting started steps for each of the major software applications. Updated illustrative examples support modern system decision making skills and highlight applications in hardware, organizations, policy, logistic supply chains, and architecture. Readers will also find: Thorough introductions to working with systems, the systems engineering perspective, and systems thinking In-depth presentations of applied systems thinking, including holism, element dependencies, expansive and contractive thinking, and concepts of structure, classification, and boundaries Comprehensive explorations of system representations leading to analysis In-depth discussions of supporting system decisions, including the system decision process (SDP), tradespace methods, multi-criteria value modeling, working with stakeholders, and the system environment Perfect for undergraduate and graduate students studying systems engineering and systems engineering management, Decision Making in Systems Engineering and Management will also earn a place in the libraries of practicing system engineers and researchers with an interest in the topic.
Book Synopsis Project Management for Engineers and Construction by : Garold D. Oberlender
Download or read book Project Management for Engineers and Construction written by Garold D. Oberlender and published by McGraw-Hill Science/Engineering/Math. This book was released on 2000-01-25 with total page 392 pages. Available in PDF, EPUB and Kindle. Book excerpt: The purpose of this book is to present the principles and techniques of project management, beginning with the conceptual phase by the owner, through coordination of design and construction, to project completion. Throughout this book the importance of management skills is emphasized to enable the user to develop his or her own style of project management. The focus is to apply project management at the beginning of a project, when it is first approved. Too often the formal organization to manage a project is not developed until the beginning of the construction phase. This book presents the information that must be assembled and managed during the development and engineering design phase to bring a project to successful completion by the owner.
