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"Project management Decision making."
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Project Decisions, 2nd Edition
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.
Project based problem solving and decision making : a guide for project managers
A project manager's guide to solving complex project issues and making strategic decisions An everyday resource for project managers who are tasked with identifying and solving complex problems, Project Based Problem Solving and Decision Making offers valuable guidance on how to make informed decisions that move projects forward, provides project managers with expert advice for communicating clearly and effectively with team members and project stakeholders, and describes how to effectively lead project teams and empower team members to make strategic project decisions. Written by Dr. Harold Kerzner, bestselling author and one of the leading minds in project management, Project Based Problem Solving and Decision Making includes information on: Developing effective problem-solving and decision-making important skills for professional project managers Leading teams, setting and achieving goals, and making sure that projects are completed on time and within budget Identifying and solving problems that arise during complex projects, and making informed decisions that move projects forward Using a project-based approach: breaking the project down into smaller, manageable??chunks and tackling each one separately Focusing on specific problems or decisions and implementing solutions tailored to the specific needs of the project Project Based Problem Solving and Decision Making is an essential everyday resource for professional project managers, as well as students studying project management.
Influence of portofolio management in decision-making
2018
Purpose: This research aims to demonstrate how portfolio management influences the decision-making process of the best projects for the company. Design/methodology/approach: In order to reach this goal, the single case study method was used. Initially, it was made a bibliometric with \"portfolio management\" subject followed by the term \"decision-making\". Thus, it was possible to do an analysis about the relationships between the themes. Findings: One of the findings of this research was the migration of the portfolio management process vision, from project controls tools to a process that aims at a strong alignment with the strategic management of the organization. This is an important point to academic implication. Research limitations/implications: The main academic implications of this research were to show how it is possible to construct a model about the relations between project portfolio management and decision-making. Practical implications: Regarding the practical implications, it was verified the importance of the analysis of the portfolio for decision-making, to the detriment of the evaluation of only one project. Social implications: Thus, the companies can now concentrate its efforts in the analysis of profitability and return on investment of the projects, assisting the whole process of decision-making. Originality/value: The portfolio management influences the decision-making process.
Journal Article
How to manage project opportunity and risk : why uncertainty management can be a much better approach than risk management
by
Ward, Stephen (Stephen C.)
,
Chapman, C. B.
in
BUSINESS & ECONOMICS / Management. bisacsh
,
Project management
,
Projektmanagement
2011,2012
Since I wrote the Foreword for the second edition of this book, risk management processes have become much more widely used, but controversy about what should be done and how best to do it has grown. Managing risk is a risky business. Chapman and Ward provide an in-depth explanation of why it is important to understand and manage underlying uncertainty in all its forms, in order to realise opportunities more fully and enhance corporate performance. They show what best practice should look like. The implications go well beyond the conventional wisdom of project risk management, providing an enlightening new perspective.—Professor Tony M. RidleyImperial College London, Past President, Institution of Civil EngineersChris Chapman and Stephen Ward continue to educate the profession with this masterful exposition of the differences between, and the potentials for combinations of, risk, uncertainty and opportunity. Particularly welcome is the way they integrate this trio into the project lifecycle – the bedrock of project management control and organization.—Peter W.G. MorrisHead of School and Professor of Construction and Project Management University College LondonChris Chapman and Stephen Ward's books on Project Risk Management have been an essential part of my repertoire for twenty years, and they are top of my recommended reading for the courses I do on that subject. In this book they have enhanced their previous work to focus on uncertainty management and emphasise more strongly opportunities for improving project performance, rather then just identifying what can go wrong. A structured process is an essential part of managing project uncertainty, and their process is one of the most powerful. This book will be added to my repertoire.—Rodney TurnerProfessor of Project Management, SKEMA Business School LilleA profoundly important book. With How to Manage Project Opportunity and Risk, Chris Chapman and Stephen Ward take a good thing and make it better. Members of the project management profession have been influenced for years by their insights into project risk management. With this latest instalment the authors demonstrate that risk and uncertainty needn't be dreaded; in fact, the reverse side of the 'risk coin' has always been opportunity. My sincere appreciation to Chapman and Ward for turning this particular coin over and showing readers, academic and practitioner alike, the opportunity embedded in managing projects.—Jeffrey K. PintoAndrew Morrow and Elizabeth Lee Black Chair in Management of Technology Sam and Irene Black School of Business, Penn State Erie
International handbook on mega-projects
The expert contributors explore how decisions are made at different stages in mega-projects and the multi-actor relationships between public and private partners. They evaluate the perspectives and pitfalls in determining the costs and benefits of a mega-project ex ante, and examine the wider impacts of mega-projects, including issues such as regional growth, energy transition and climate change. Although the focus is on the advanced economies of North America, Europe, and Australia, much of the material is useful for other parts of the world where large transport infrastructure projects are currently underway or will be developed in the coming years. Providing crucial background information for those who want to understand decision-making processes on large transport infrastructure projects, this fascinating Handbook will prove an important source of information for academics, researchers and students in the fields of transport, infrastructure, project management, management science, economic analysis (cost-benefit analysis), public policy, environmental policy and ethics. Practitioners, politicians and policymakers involved in large transport infrastructure projects will also find this book to be an invaluable reference tool. -- Publisher description.
Effective project management : traditional, agile, extreme
2014,2013
The popular guide to the project management body of knowledge, now fully updated Now in its seventh edition, this comprehensive guide to project management has long been considered the standard for both professionals and academics. With more than 32,000 copies sold in the last three editions, it has now been fully updated to cover the new PMBOK® Guide. Well-known expert Robert Wysocki has added more than 100 pages of new content based on instructor feedback, enhancing the coverage of best-of-breed methods and tools for ensuring project management success. With enriched case studies, accompanying exercises and solutions on the companion website, and PowerPoint slides for all figures and tables, the book is ideal for instructors and students as well as active project managers. Serves as a comprehensive guide to project management for both educators and project management professionals Completely updated to cover the new PMBOK® Guide Examines traditional, agile, and extreme project management techniques; the Enterprise Project Management Model; and Kanban and Scrumban methodologies Includes a companion website with exercises and solutions and well as PowerPoint slides for all the figures and tables used Written by well-known project management expert Robert Wysocki Effective Project Management, Seventh Edition remains the comprehensive resource for project management practitioners, instructors, and students. (PMBOK is a registered mark of the Project Management Institute, Inc.).