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Researching The Value Of Project Management
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Book Synopsis Researching the Value of Project Management by : Mark Mullaly, PMP
Download or read book Researching the Value of Project Management written by Mark Mullaly, PMP and published by Project Management Institute. This book was released on 2008-12-01 with total page 458 pages. Available in PDF, EPUB and Kindle. Book excerpt: Consulting and practitioner literature often discusses and proclaims project management value; however the actual value resulting from investments in project management has been hard to define, let alone measure. In the past, few rigorous studies have been conducted to seek out the measurable value of project management. The Project Management Institute requested proposals in 2004 for research designed to quantify the value of project management. This monograph, Researching the Value of Project Management Research, documents the three years of fieldwork and cross-disciplinary analysis conducted between May 2005 and June 2008 by the research team that won the proposal.
Book Synopsis Mindset for Creating Project Value by : John C. Byrne, PhD
Download or read book Mindset for Creating Project Value written by John C. Byrne, PhD and published by Project Management Institute. This book was released on 2011-01-01 with total page 86 pages. Available in PDF, EPUB and Kindle. Book excerpt: Using empirical data from their research study, Thomas Lechler and John Byrne demonstrate that the success of a project strongly depends on the specific attitude of the project manager and the project management decision-making process. They also address: • Limiting effects of the Triple Constraints Paradigm • Role of uncertainty in projects. Leaders within organizations will find the results useful to emphasize and encourage entrepreneurial behaviors of project managers in a way that influences project performance beyond the simple application of tools and techniques. The book addresses several stakeholders, including who are responsible for implementing projects, those who suffer the consequences if things go wrong, and those who are responsible for the selection and development of project managers. The Mindset for Creating Project Value provides insight into how a different perspective is necessary to better understand the limitations of project management in order to better explain the many phenomena that are related to the management of projects and, consequently, to improve the practical outcome.
Book Synopsis The Data-Driven Project Manager by : Mario Vanhoucke
Download or read book The Data-Driven Project Manager written by Mario Vanhoucke and published by Apress. This book was released on 2018-03-27 with total page 164 pages. Available in PDF, EPUB and Kindle. Book excerpt: Discover solutions to common obstacles faced by project managers. Written as a business novel, the book is highly interactive, allowing readers to participate and consider options at each stage of a project. The book is based on years of experience, both through the author's research projects as well as his teaching lectures at business schools. The book tells the story of Emily Reed and her colleagues who are in charge of the management of a new tennis stadium project. The CEO of the company, Jacob Mitchell, is planning to install a new data-driven project management methodology as a decision support tool for all upcoming projects. He challenges Emily and her team to start a journey in exploring project data to fight against unexpected project obstacles. Data-driven project management is known in the academic literature as “dynamic scheduling” or “integrated project management and control.” It is a project management methodology to plan, monitor, and control projects in progress in order to deliver them on time and within budget to the client. Its main focus is on the integration of three crucial aspects, as follows: Baseline Scheduling: Plan the project activities to create a project timetable with time and budget restrictions. Determine start and finish times of each project activity within the activity network and resource constraints. Know the expected timing of the work to be done as well as an expected impact on the project’s time and budget objectives. Schedule Risk Analysis: Analyze the risk of the baseline schedule and its impact on the project’s time and budget. Use Monte Carlo simulations to assess the risk of the baseline schedule and to forecast the impact of time and budget deviations on the project objectives. Project Control: Measure and analyze the project’s performance data and take actions to bring the project on track. Monitor deviations from the expected project progress and control performance in order to facilitate the decision-making process in case corrective actions are needed to bring projects back on track. Both traditional Earned Value Management (EVM) and the novel Earned Schedule (ES) methods are used. What You'll Learn Implement a data-driven project management methodology (also known as "dynamic scheduling") which allows project managers to plan, monitor, and control projects while delivering them on time and within budget Study different project management tools and techniques, such as PERT/CPM, schedule risk analysis (SRA), resource buffering, and earned value management (EVM) Understand the three aspects of dynamic scheduling: baseline scheduling, schedule risk analysis, and project control Who This Book Is For Project managers looking to learn data-driven project management (or "dynamic scheduling") via a novel, demonstrating real-time simulations of how project managers can solve common project obstacles
Book Synopsis Project Management by : Stewart R. Clegg
Download or read book Project Management written by Stewart R. Clegg and published by SAGE. This book was released on 2020-10-12 with total page 543 pages. Available in PDF, EPUB and Kindle. Book excerpt: Project management is an essential life and workplace skill that everyone must develop. Following the popular style and format of other textbooks by Stewart Clegg, this brand new co-authored textbook on project management provides a much needed European perspective to the subject. Drawing on the latest research and practice, the authors guide students on an active learning journey through the project lifespan, promoting a critical and reflexive approach to studying project management, as well as one that creates value for all project stakeholders and emphasizes people and not just process. Case studies and examples discussed in the text cover a wide range of projects from large to smaller across different industries and sectors, both public and private, including: megaprojects (HS2); mega events (Olympics); political projects (Brexit); health-related project implementation (LEAN); tech-related projects (Google); building and restoration projects (housing/Sagrada Familia); and arts and cultural projects (European Capital of Culture). Incorporating a host of learning features both in chapters and via the supporting online resources, this textbook is essential reading for all students/managers completing a course unit in project management at either undergraduate or postgraduate level.
Book Synopsis A Sixth Sense for Project Management by : Tres Roeder
Download or read book A Sixth Sense for Project Management written by Tres Roeder and published by Author House. This book was released on 2011-01-31 with total page 152 pages. Available in PDF, EPUB and Kindle. Book excerpt: Tres Roeder lays out a system to help you succeed not only in your projects, but in any interpersonal relationship that requires a change in behavior. Tres Roeders 90 percent project success rate stands well above industry averages. In this book, Mr. Roeder lays out how he succeeds by using a balanced approach of technical project management skills, business acumen and sixth sense people skills. Sixth sense people skills are unlike any people skills guidance you have ever received. Read this book and forever change the way to manage people and projects.
Book Synopsis Project Management Maturity Model by : J. Kent Crawford
Download or read book Project Management Maturity Model written by J. Kent Crawford and published by CRC Press. This book was released on 2006-07-24 with total page 250 pages. Available in PDF, EPUB and Kindle. Book excerpt: Assisting organizations in improving their project management processes, the Project Management Maturity Model defines the industry standard for measuring project management maturity.Project Management Maturity Model, Second Edition provides a roadmap showing organizations how to move to higher levels of organizational behavior, improving
Book Synopsis Project Management by : Ofer Zwikael
Download or read book Project Management written by Ofer Zwikael and published by Springer. This book was released on 2019-03-19 with total page 337 pages. Available in PDF, EPUB and Kindle. Book excerpt: Winner of 2020 PMI David I. Cleland Project Management Literature Award This book is a complete project management toolkit for project leaders in business, research and industry. Projects are approved and financed to generate benefits. Project Management: A Benefit Realisation Approach proposes a complete framework that supports this objective – from project selection and definition, through execution, and beyond implementation of deliverables until benefits are secured. The book is the first to explain the creation of organisational value by suggesting a complete, internally-consistent and theoretically rigorous benefit-focused project management methodology, supported with an analytical technique: benefit engineering. Benefit engineering offers a practical approach to the design and maintenance of an organisation’s project portfolio. Building upon the authors’ earlier successful book, Project Management for the Creation of Organisational Value, this comprehensively revised and expanded new book contains the addition of new chapters on project realisation. The book offers a rigorous explanation of how benefits emerge from a project. This approach is developed and strengthened — resulting in a completely client-oriented view of a project. Senior executives, practitioners, students and academics will find in this book a comprehensive guide to the conduct of projects, which includes robust models, a set of consistent principles, an integrated glossary, enabling tools, illustrative examples and case studies.
Book Synopsis Project Management for the Creation of Organisational Value by : Ofer Zwikael
Download or read book Project Management for the Creation of Organisational Value written by Ofer Zwikael and published by Springer Science & Business Media. This book was released on 2011-01-15 with total page 362 pages. Available in PDF, EPUB and Kindle. Book excerpt: Projects and programmes are approved and funded to generate benefits. Project Management for the Creation of Organisational Value proposes a complete framework that seeks to support such an objective – from project selection and definition, through execution, and beyond implementation of deliverables until benefits are secured. Because it is preoccupied with deliverables, accepted project management practice is flawed. Project Management for the Creation of Organisational Value proposes an alternative approach, which seeks a flow of target outcomes for the organisation investing in the project. Project Management for the Creation of Organisational Value provides support for all those who play a role of leadership in projects at different levels. Senior executives, practitioners and academics will find in this book a comprehensive guide to the conduct of projects and programmes, which includes robust models, a set of consistent principles, an integrated glossary, enabling tools, illustrative examples and case studies. A companion workbook to this text for instructors and students is available online at http://extras.springer.com. The workbook illustrates project management concepts using the approach presented in this book and contains a range of exercises.
Book Synopsis Handbook of Research on Project Management Strategies and Tools for Organizational Success by : Moreno-Monsalve, Nelson Antonio
Download or read book Handbook of Research on Project Management Strategies and Tools for Organizational Success written by Moreno-Monsalve, Nelson Antonio and published by IGI Global. This book was released on 2020-01-17 with total page 537 pages. Available in PDF, EPUB and Kindle. Book excerpt: Project management tools can be used as an alternative to improve and strengthen a company’s position in the market. However, the management of projects has been in constant transformation. Elements such as time, cost, and scope, on which it is based, have been complemented with other trends, such as the project team, change management, knowledge management, good negotiation practices, management of stakeholders, sustainability, etc. In order to improve the competitiveness of their company and increase earned value, managers must remain up to date on these latest transformations and best practices. The Handbook of Research on Project Management Strategies and Tools for Organizational Success is a pivotal reference source that analyzes and disseminates new trends that will allow managers to improve their skills and strengthen the performance of their companies through obtaining better results in the projects undertaken. While highlighting topics such as market growth, risk management, and value creation, this book is ideally designed for project managers, managers, business professionals, entrepreneurs, academicians, researchers, and students seeking current research on improving the competitiveness of companies as well as increasing their earned value.
Book Synopsis Planning and Managing Scientific Research by : Brian Kennett
Download or read book Planning and Managing Scientific Research written by Brian Kennett and published by ANU E Press. This book was released on 2014-03-09 with total page 104 pages. Available in PDF, EPUB and Kindle. Book excerpt: Although there are many books on project management, few address the issues associated with scientific research. This work is based on extensive scientific research and management experiences and is designed to provide an introduction to planning and managing scientific research for the beginning researcher. The aim is to build an understanding of the nature of scientific research, and the way in which research projects can be developed, planned and managed to a successful outcome. The book is designed to help the transition from being a member of a research team to developing a project and making them work, and to provide a framework for future work. The emphasis of the book is on broadly applicable principles that can be of value irrespective of discipline. It should be of value to researchers in the later stages of Ph.D. work and Postdoctoral workers, and also for independent researchers.
Book Synopsis Project Management for Research and Development by : Lory Mitchell Wingate
Download or read book Project Management for Research and Development written by Lory Mitchell Wingate and published by CRC Press. This book was released on 2014-08-05 with total page 522 pages. Available in PDF, EPUB and Kindle. Book excerpt: Today’s leading organizations recognize the importance of research and development (R&D) to maintain and grow market share. If companies want to survive into the future, they must accelerate their R&D-to-market cycles or find themselves behind the competition. Project Management for Research and Development: Guiding Innovation for Positive R&D Outcomes explains how to apply proven project management methods to obtain positive outcomes in R&D and innovation projects. It addresses the specific factors companies must consider when using project management to scope, define, and manage R&D projects. It also offers best practices and case studies that illustrate actual applications of theory. This book details methods to help readers optimize results in R&D through the use of structured processes derived from the project management field and other complementary disciplines. Each chapter includes diagrams, surveys, checklists, and question-answer forms to guide readers in determining where their activity falls along a project spectrum and to help them structure their own R&D project. The methods presented in this book can easily be applied to innovation projects and creative endeavors. As there are limited sources of information on how to utilize project management methodology effectively in these types of projects, this book is an ideal resource for anyone looking to add structure and proven methods to enable R&D, innovation, and other creative activities.
Book Synopsis The Future of Project Management by : Project Management Institute
Download or read book The Future of Project Management written by Project Management Institute and published by . This book was released on 1999 with total page 172 pages. Available in PDF, EPUB and Kindle. Book excerpt: Annotation In addition, The Future of Project Management examines the challenges facing the longevity of project management as a profession. This is a book for anyone interested in project management--along with business leaders and others who enjoy exploring the future, understanding its implications, and learning to deal with change.
Download or read book Measuring Time written by Mario Vanhoucke and published by Springer Science & Business Media. This book was released on 2009-10-09 with total page 184 pages. Available in PDF, EPUB and Kindle. Book excerpt: Meant to complement rather than compete with the existing books on the subject, this book deals with the project performance and control phases of the project life cycle to present a detailed investigation of the project’s time performance measurement methods and risk analysis techniques in order to evaluate existing and newly developed methods in terms of their abilities to improve the corrective actions decision-making process during project tracking. As readers apply what is learned from the book, EVM practices will become even more effective in project management and cost engineering. Individual chapters look at simulation studies in forecast accuracy; schedule adherence; time sensitivity; activity sensitivity; and using top-down or bottom-up project tracking. Vanhoucke also offers an actual real-life case study, a tutorial on the use of ProTrack software (newly developed based on his research) in EVM, and conclusions on the relative effectiveness for each technique presented.
Book Synopsis Benefits Realization Management by : Carlos Eduardo Martins Serra
Download or read book Benefits Realization Management written by Carlos Eduardo Martins Serra and published by CRC Press. This book was released on 2016-10-14 with total page 210 pages. Available in PDF, EPUB and Kindle. Book excerpt: Benefits realization management (BRM) is a key part of governance, because it supports the strategic creation of value and provides the correct level of prioritization and executive support to the correct initiatives. Because of its relevance to the governance process, BRM has a strong influence over project success and is a link between strategic planning and strategy execution. This book guides portfolio, program, and project managers through the process of benefits realization management so they can maximize business value. It discusses why and how programs and projects are expected to enable value creation, and it explains the role of BRM in value creation. The book provides a flexible framework for: Translating business strategy drivers into expected benefits and explains the subsequent composition of a program and project portfolio that can realize expected benefits Planning the benefits realization expected from programs and projects and then making it happen Keeping programs and projects on track Reviewing and evaluating the benefits achieved or expected against the original baselines and the current expectations. To help project, program, and portfolio managers on their BRM journey, as well as to support business managers in executing business strategies, the book identifies key organizational responsibilities and roles involved in BRM practices, and it provides a simple reference that can be mapped against any organizational structure. A detailed and comprehensive case study illustrates each phase of the BRM framework as it links business strategy to project work, benefits, and business value. Each chapter ends with a series questions that provide a BRM self-assessment. The book concludes with a set of templates and detailed instructions to ensure successful deployment of BRM.
Book Synopsis Strategic Project Management Transformation by : Marc Resch
Download or read book Strategic Project Management Transformation written by Marc Resch and published by J. Ross Publishing. This book was released on 2011-06-15 with total page 273 pages. Available in PDF, EPUB and Kindle. Book excerpt: In today's challenging commercial environment, many business projects are now categorized as strategic investment with the primary concern being value impact on an organization's bottom line. This title equips project managers with the skills necessary to effectively manage projects as strategic investments.
Book Synopsis Measuring Performance and Benchmarking Project Management at the Department of Energy by : National Research Council
Download or read book Measuring Performance and Benchmarking Project Management at the Department of Energy written by National Research Council and published by National Academies Press. This book was released on 2005-08-01 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt: In 1997, Congress, in the conference report, H.R. 105-271, to the FY1998 Energy and Water Development Appropriation Bill, directed the National Research Council (NRC) to carry out a series of assessments of project management at the Department of Energy (DOE). The final report in that series noted that DOE lacked an objective set of measures for assessing project management quality. The department set up a committee to develop performance measures and benchmarking procedures and asked the NRC for assistance in this effort. This report presents information and guidance for use as a first step toward development of a viable methodology to suit DOE's needs. It provides a number of possible performance measures, an analysis of the benchmarking process, and a description ways to implement the measures and benchmarking process.
Book Synopsis Value Management of Construction Projects by : John Kelly
Download or read book Value Management of Construction Projects written by John Kelly and published by John Wiley & Sons. This book was released on 2014-09-02 with total page 581 pages. Available in PDF, EPUB and Kindle. Book excerpt: Value Management is a philosophy, set of principles and a structured management methodology for improving organisational decision-making and value-for-money. The second edition builds on the success of the first edition by extending the integrated value philosophy, methodology and tool kit to describe the application of Value Management to the areas of service delivery, asset management, and, Programmes, in addition to Projects, products and processes. Value Management is a well-established methodology in the international construction industry, and in the UK has been endorsed as good practice in a range of government sponsored reports. In this book the authors have addressed the practical opportunities and difficulties of Value Management by synthesising the background, international developments, benchmarking and their own extensive consultancy and action research experience in Value Management to provide a comprehensive package of theory and practice. The second edition retains the structure of the first edition, covering methods and practices, frameworks of value and the future of value management. It has been thoroughly updated, and a number of new chapters added to encapsulate further extensions to current theory and practice. In particular, the new edition responds to: A range of recent UK industry and government publications; and most notably BS EN 16271:2012 - Value management: Functional expression of the need and functional performance specification; the imminent update of BS EN 12973:2000 Value Management; BS EN 1325 Value Management -- Vocabulary, Terms and definitions; the changes to "Value for Europe" governing the training and certification of Value Management in European Union countries; the UK Government’s Management of Value (MoV) initiative, together with other leading reports, international guidance and standards on Value Management. Research in Value Management undertaken since publication of the first edition. Changes in Value Management practice particularly in Programmes and Projects. Developments in the theory of value, principally value for money measures, whole life value option appraisal, and benefits realisation. Initiatives in asset management initiatives covering the management of physical infrastructure, for example the recent launch of a suite of three standards under the generic title of BS ISO 55000: 2014 Asset Management, and its predecessor BSI PAS55 2008 "Asset Management: Specification For The Optimized Management Of Physical Assets" The second edition contains a dedicated chapter of exemplar case studies drawn from the authors' experience, selected to demonstrate the new areas of theory and practice. An Appendix includes an extensive set of tools and techniques of use in Value Management practice. Construction clients, including those in both the public and private sectors, and professionals such as construction cost consultants, quantity surveyors, architects, asset managers, construction engineers, and construction managers will all find Value Management of Construction Projects to be essential reading. It will also be of interest to researchers and students on construction related courses in Higher Education -- particularly those at final year undergraduate and at Masters level.
