Breaking Through the Project Fog: How Smart Organizations Achieve Success by Creating, Selecting and Executing On-Strategy Projects / Edition 1

Breaking Through the Project Fog: How Smart Organizations Achieve Success by Creating, Selecting and Executing On-Strategy Projects / Edition 1

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by James Norrie
     
 

ISBN-10: 0470840714

ISBN-13: 9780470840719

Pub. Date: 03/14/2008

Publisher: Wiley

A trail of mismanaged or terminated projects in recent years has cost the North American economy $100 to $150 billion dollars annually in lost productivity and shareholders capital. Unfortunately, the gap between project selection and project execution is often symptomatic of the onset of Project Fog, an all too familiar business situation in which projects are

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Overview

A trail of mismanaged or terminated projects in recent years has cost the North American economy $100 to $150 billion dollars annually in lost productivity and shareholders capital. Unfortunately, the gap between project selection and project execution is often symptomatic of the onset of Project Fog, an all too familiar business situation in which projects are started and stopped constantly; resources fall short of the project workload to be executed; and, in the end, the entire effort is seen as a failure. A guide to sidestepping the usual hazards that often spell Project Fog, this book bridges the gap between executives who develop strategy and decide what projects get approved, and the project managers who have to execute those projects flawlessly. It provides a roadmap so that project managers can partner with executives to align their portfolio of projects with overall business strategy, ensuring that things get done right.

Product Details

ISBN-13:
9780470840719
Publisher:
Wiley
Publication date:
03/14/2008
Series:
Jossey-Bass Leadership Series - Canada Series, #16
Pages:
272
Product dimensions:
6.30(w) x 9.25(h) x 0.98(d)

Table of Contents

Preface.

Acknowledgments.

CHAPTER 1: SPOTTING PROJECT FOG.

How the Fog Rolls In.

The Fog Thickens.

The Research Participants.

Defining a New Starting Point.

The Link Between Current Practices and "Better Practices".

CHAPTER 2: THE IMPORTANCE OF BEING STRATEGIC.

Is Your Organization Aligned for Results?

Current Project Selection Methods.

The Strategic Implications of Limited Resources.

The Role of the Project Management Professional.

Selecting the Most Strategic Projects.

Understanding the Origins of Portfolio Theory.

On-Strategy Project Management: The Fourth Dimension.

The Final Word In the Real World of Practitioners.

CHAPTER 3: NAVIGATING THROUGH FOGGY STRATEGY.

Balanced Performance Measurement and Management.

Building a Strategic Project Scoring Model.

Benefits and Costs of Revising Your Current Methodology.

Putting the Proposed Changes into Practice.

CHAPTER 4: MANAGING PROJECT RISKS, RETURNS AND RESOURCES TO MAXIMIZE BENEFITS.

Maximizing Your Project Management Efforts.

Managing Project Risk.

Internal Project Risk Assessment.

Resource Management Approaches in PPM.

Integrating PPM with Other Core Business Processes.

CHAPTER 5: CREATING SMALL, SMART AND MIGHTY PMOs TO STEER THE WAY.

Getting Off to a Good Start!

Defining or Re-Defining the Purpose of the PMO.

Strategic PMO Processes.

Key Success Factors.

Supporting Strategic Project Selection.

Improving the Project Submission Process.

Establishing Standard Methodology (Ours or Yours).

Summary of Do's and Don'ts of an Effective PMO.

CHAPTER 6: THE ROLE OF THE BOARD: INTEGRATING MEASUREMENT AND ACCOUNTABILITY FOR PROJECT RESULTS.

All Boards Are Not Created Equal.

For Profit or Non-Profit Board: What's the Difference?

Elected or Appointed?

Board Committees.

The Board as Project Sponsor.

The Board as a Project Resource.

The Board as Project Manager.

Final Thoughts.

CHAPTER 7: GOOD LEADERSHIP IN FOGGY CONDITIONS.

Personal Leadership Style.

Why Should You Care So Much?

A New Leadership Model.

The Three C’s for Project Management Professionals.

The Three A’s for Executives.

The Forecast for Relationships.

A Parting Reflection.

CHAPTER 8: SWEEPING AWAY THE FOG IN THE PRIVATE SECTOR.

Clarifying Strategy and Reducing Non-Strategic Projects.

Improving Project Selection Methods and Processes.

Training as a Tool of Strategic Change.

Integrating Resource Management into PPM.

Summary of Results.

CHAPTER 9: TWO CASE STUDIES: CLEARING UP THE FOG IN THE PUBLIC SECTOR.

Case Study Candidate 1.

Step 1: Clarifying the Strategy.

Step 2: Consolidating Effort.

Step 3: Reinforcing What Works.

Step 4: Staying the Course.

Interesting Data Points from Participants.

Case Study Candidate 2.

What Was Done Differently.

Connecting Individual and Corporate Performance Management.

Interesting Data Points from Participants.

Continuous Improvements.

Why PPM Really Works.

CHAPTER 10: WHERE TO GO FROM HERE?

Next Steps.

APPENDIX: REVIEW OF RELEVANT RESEARCH AND ANNOTATED BIBLIOGRAPHY.

Strategy References.

Project Management References.

Leadership and Change Management References.

Finance and Portfolio Theory References.

BSC and Performance Management References.

Bibliography.

Index.

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