Maximizing Project Value: Defining, Managing, and Measuring for Optimal Returnby Jeff Berman
Pub. Date: 01/28/2007
Publisher: AMACOM Books
"What good is a project that's on time...on budget...and ends up providing your organization with no bottom-line results whatsoever? Whether it falls short of expectations, fails to ultimately be embraced by the people in the company meant to be using it, or simply lands with a thud in the marketplace, a project that doesn't truly deliver value is worthless at… See more details below
"What good is a project that's on time...on budget...and ends up providing your organization with no bottom-line results whatsoever? Whether it falls short of expectations, fails to ultimately be embraced by the people in the company meant to be using it, or simply lands with a thud in the marketplace, a project that doesn't truly deliver value is worthless at best. It's great to be on time and under budget, but to achieve positive results, project managers have to embrace an all-new philosophy of what it is they do for their organizations.
Maximizing Project Value shows you how to put the emphasis on value when managing a project, from the project's initial inception, all the way through its completion, and even farther down the road to determine whether it's of continuous worth to the company. This valuable guide offers a step-by-step plan you can use to establish the value of a project, identify value drivers and key performance metrics and then track and report them, organize a team for accountability, and much more. You'll get the tools and information you need to:
• Generate accurate value estimates in the proposal stage.
• Create a clear plan that identifies measurable and ongoing value.
• Establish buy-in from key players in your organization.
• Develop and use a process for managing the people responsible for implementing the plan.
• Adapt your project to meet changing business objectives.
Far too many projects lose sight of their original purpose due to shifting resources, changing organizational objectives, and other unexpected developments. Maximizing Project Value provides a clear, immediately usable blueprint for ensuring the kind of project success that truly provides value to your organization."
- AMACOM Books
- Publication date:
- Edition description:
- New Edition
- Product dimensions:
- 6.00(w) x 8.90(h) x 0.70(d)
- Age Range:
- 17 Years
Table of Contents
Introduction: Beyond "on Time and on Budget"
The Speed2ValueTM Project Approach
Chapter 1 Defining the Project Business Case and Getting Buy-In from Top Management
Business Case Process Life Cycle
Step 1: Determining the Need for a Project
Step 2: Initiating the Project
Step 3: Making the Business Case
Business Case "Influencers and Supporters"
Seven Principles for Developing a Winning Business Case
Step 4: Project Selection Techniques
Step 5: The Business Case Approval Process
Chapter 2 Executing a Project with a Business Value Mind Set
Defining Project Value Drivers
Project Key Performance Indicators
Chapter 3 Achieving Project Value Through Stakeholder Management
Stakeholder Management as a Process
Chapter 4 Creating Organizational Alignment and Accountability
The Impact of Change
Rewards and Incentives
Chapter 5 Establishing an Ongoing Project Performance Tracking Process
Chapter 6 Conclusion
Appendix A Project Business Case Exercises
Exercise A-1 Project Initiation Document
Exercise A-2 Initial Assessment
Exercise A-3 Risk Factors and Ratings
Exercise A-4 Resource Requirements
Exercise A-5 Total Project Cost Estimate
Exercise A-6 Financial Return
Appendix B Stakeholder Management Exercises
Exercise B-1 Sharing Your Experience with Change
Exercise B-2 Identifying Stakeholders
Exercise B-3 Assessing Stakeholders
Exercise B-4 Developing a Stakeholder Communication Plan
Exercise B-5 Establishing Stakeholder Accountability
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