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
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Organizational Project Portfolio Management: A Practitioner's Guide
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Organizational Project Portfolio Management: A Practitioner's Guide
Dr. Prasad Kodukula, PMP, PgMP, is an award-winning educator, accomplished engineer, author, and inventor with 25 years of professional experience. Dr. Kodukula is co-founder and president of Constant Compliance, Inc., a Chicago-based technology company that specializes in developing and commercializing environmental and homeland defense technologies. His clients include 15 of the Fortune 100 companies and the U.S. government. He has managed many research/development and engineering projects and project teams while working as a senior project manager at a multi-national engineering consulting firm and a global chemical company. 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 a 2010 PMI Distinguished Contribution Award. His first book with J. Ross Publishing, Project Valuation Using Real Options: A Practitioner's Guide, is a best seller and he has also written more than 40 technical articles.
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