Synopsis
Organizational Project Portfolio Management: A Practitioner's Guide offers a generic, practical methodology and tool kit to design, build, and manage a balanced portfolio at any level of the enterprise. These techniques can be used irrespective of business industry, where the portfolio management group is located within the organizational hierarchy, or the type of projects contained. Key Features --Discusses how the principles of financial portfolio management are applicable to project portfolios, and outlines the three key steps to achieving a profitable project portfolio: 1) Defining your project investment strategy, 2) Selecting the right projects, and 3) Effectively managing them --Presents a model and PPM methodology for a balanced portfolio based on concepts similar to a framework known as the ‘balanced scorecard’ that allows you to create a balance along any project characteristic such as size, risk, and development time --Demonstrates how earned value management techniques can be effectively applied at the portfolio level and addresses risk and uncertainty --Explains how to reprioritize projects when resources become limited, utilize key metrics to monitor and manage portfolio performance, and determine whether a project should be continued or terminated --Uses a case study to illustrates how you can apply the methods and tools presented throughout the text and includes case study exercises to enhance the learning process --WAV offers downloadable charts for managing resources, discounted cash flow and Monte Carlo simulation spreadsheets, and worksheets for portfolio and project case examples in the book — available from the Web Added Value Download Resource Center at jrosspub.com
About the Author
Dr. Prasad S. Kodukula, PMP, PgMP, is a speaker, coach, author, and inventor with more than 25 years of professional experience. Prasad has spoken in 40 countries on project management related topics. He has trained or coached thousands of project management professionals at 40 Fortune 100 companies (e.g., Abbott, Boeing, Chrysler, Dow, ExxonMobil, Kraft Foods, IBM, JPMorgan Chase, Motorola, Sprint), the World Bank, the United Nations, and the U.S. government. He is co-founder and CEO of two companies: Kodukula & Associates, Inc. (kodukula.com), a project management speaking and coaching company; and Neochloris, Inc. (neochloris.com), a clean tech company specializing in carbon mitigation technologies. Prasad holds degrees from the Illinois Institute of Technology, Cornell University, and Rutgers University. He was recognized by the Project Management Institute as "Best of the Best in Project Management" with 2010 PMI Distinguished Contribution Award. He also received prestigious awards from the USEPA and the States of Kansas and Illinois for outstanding achievements in education, training, and technology innovation. Prasad is a co-author or contributing author of eight books and more than 40 articles.
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