Quantitative analysis of outcomes vs PMs at the individual level
Leading Complex Projects takes a unique approach to post-mortem analysis to provide project managers with invaluable insight. For the first time, individual PM characteristics are quantitatively linked to project outcomes through a major study investigating the role of project leadership in the success and failure of complex industrial projects; hard data on the backgrounds, education, and personality characteristics of over 100 directors of complex projects is analyzed against the backdrop of project performance to provide insight into controllable determinants of outcomes. By placing these analyses alongside their own data, PMs will gain greater insight into areas of weakness and strength, locate recurring obstacles, and identify project components in need of greater planning, oversight, or control.
The role of leadership is to deliver results; in project management, this means taking responsibility for project outcomes. PMs are driven by continuous improvement, and this book provides a wealth of insight to help you achieve the next step forward.
- Understand why small, simple projects consistently outperform larger, more complex projects
- Delve into the project manager's role in generating successful outcomes
- Examine the data from over 100 PMs of complex industrial projects
- Link PM characteristics to project outcome to find areas for improvement
Complex industrial projects from around the world provide a solid basis for quantitative analysis of outcomes―and the PMs who drive them. Although the majority of the data is taken from projects in the petroleum industry, the insights gleaned from analysis are widely applicable across industry lines for PMs who lead complex projects of any stripe. Leading Complex Projects provides clear, data-backed improvement guidance for anyone in a project management role.
EDWARD W. MERROW is the founder and CEO of Independent Project Analysis, Inc. After starting his career as a professor at the University of California Los Angeles, Ed spent 15 years at the RAND Corporation, eventually directing RAND's Energy Research Program. In 1987 he founded IPA to be a unique benchmarking and research provider to the capital-intensive industries and infrastructure builders around the world. Ed has authored a number of studies and books, most recently Industrial Megaprojects (Wiley 2011). Ed's contributions to the industry have been recognized by a number of organizations and he is a member of the National Academy of Construction.
NEERAJ S. NANDURDIKAR is Director of IPA's global Exploration and Production (E&P) practice. In this capacity he acts as a partner and adviser to Fortune 100 Oil and Gas executives around the world in helping find savings and efficiencies across the entire oil and gas value chain and help lift capital productivity. He has delivered several keynotes and conference presentations and is a key thought leader in the industry, working to enhance the oil and gas industry's capital projects performance and make the industry stronger and more resilient. He has an MBA from The Wharton Business School at the University of Pennsylvania and an MS in Petroleum Engineering from The University of Tulsa.
