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This unique book provides a holistic view of project portfolio management (PPM) that includes people, processes, tools, and techniques that work synergistically to produce portfolio decisions with the best chance of achieving organizational goals. It illustrates the entire PPM process from strategic planning through portfolio evaluation and adjustment including prioritizing objectives, identifying and evaluating candidate projects, selecting optimal portfolios, measuring performance, and governance.
--Simulates real-world portfolio management through sample scenarios demonstrating advanced decision-making techniques with reader access to decision support software and step-by-step guidance through the entire PPM process
--Shows how to effectively plan, implement, and manage a project portfolio process without great expense in a relatively short period of time
--Demonstrates the process of prioritizing organizational objectives identified during strategic planning, a crucial step that is often missing
--Describes how to identify and screen large numbers of potential projects, evaluate the candidates against the objectives they support, consider alternate scenarios, and select the optimal project portfolio subject to constraints
--Addresses portfolio implementation and the evaluation and synthesis of project and portfolio performance
--WAV offers helpful downloadable documents, optimized evaluation models built using accompanying software, new concepts for evaluating strategic project and portfolio performance, and instructor course materials available from the Web Added Value Download Resource Center at jrosspub.com
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This unique text provides a holistic view of project portfolio management (PPM) that includes people, process, tools, and techniques that work synergistically within the organization to produce portfolio decisions with the best chance of success. It illustrates the entire PPM process from strategic planning through portfolio evaluation and adjustment, including prioritizing objectives, identifying and evaluating candidate projects, selecting optimal portfolios using portfolio analysis, establishing project and portfolio performance metrics, measuring portfolio performance, and project portfolio governance. Rather than just an abstract discussion, Mastering Project Portfolio Management simulates real-world portfolio management through sample scenarios demonstrating advanced decision-making techniques and the use of decision-making software that readers are given access to. This book guides readers step-by-step through the entire project portfolio management process and is ideal for corporate and government training programs and as a primary text for graduate level academic courses.About the Author:
Michael J. Bible has 25 years of professional and leadership experience supporting the U.S. Department of Defense (DoD). He is a project and program management professional with a successful history applying project management best practices to the technical field of test and evaluation for portfolios of complex defense acquisition programs and projects. Mike was a co-owner of an engineering services firm and applied strategic planning to establish organizational direction while utilizing project portfolio management to successfully grow the company in alignment with business initiatives. Mike is a retired Marine Corps officer who obtained his Master of Science in Project Management from George Washington University. He is currently a Program Manager for URS Corporation.
Susan S. Bivins has more than 25 years of management and leadership experience dedicated to delivering successful information technology, organizational change management and professional consulting services projects for major global corporations. She specializes in project and portfolio management; international, multi-cultural and multi-company initiatives; and business strategy integration in the private and public sectors. During her career with IBM, Sue managed multiple organizations and complex projects, including operations and support for the Olympics and a strategic transformational change program. Since retiring from IBM, she has led multi-company joint initiatives with Hitachi, Microsoft and Sun Microsystems, and served as Director of Project Management at Habitat for Humanity International. Sue earned her Master of Science in Project Management from George Washington University. As a member of the Project Management Institute, she served on the PMI Standard for Portfolio Management team.
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