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Project Portfolio Management: A Practical Guide to Selecting Projects, Managing Portfolios, and Maximizing Benefits

Book Description

Project Portfolio Management (PPM) goes beyond the typical project management approach to offer a set of proven business practices that can help executives, program managers, and project managers bring projects into alignment with the strategies, resources, and executive oversight of the overall enterprise. Step by step, this book shows how to take a project from the inception of a vision to the realization of benefits to the organization. Project Portfolio Management draws on project management expert Harvey A. Levine's years of research and distills the knowledge and best practices from dozens of leaders in the field to show how to select and implement the projects that will garner the best results. Throughout this important resource, Levine tackles the many challenges associated with PPM, including

  • Ranking value and benefits

  • Determining the size of the portfolio pipeline

  • Assessing the impact of uncertainty on projects and portfolios

  • Understanding the benefit and risk relationship

  • Establishing a portfolio governance capability

  • Managing the portfolio to maximize benefits

  • Implementing PPM

  • Table of Contents

    1. Title Page
    2. Copyright Page
    3. Foreword
    4. Acknowledgments
    5. The Author
    6. Introduction
      1. Understanding What PPM Is Not
      2. The What and Why of PPM
      3. The Impact of PPM
      4. The Components of PPM
      5. The Voice of the Skeptic
      6. An Executive’s Guide to Project Portfolio Management
      7. Navigating This Book
    7. PART ONE - A Practical Guide to Project Portfolio Management
      1. SECTION ONE - What Is Project Portfolio Management, and Why Do We Need It?
        1. 1.1 - Why Do We Need Project Portfolio Management?
        2. 1.2 - What Is Project Portfolio Management?
      2. SECTION TWO - The Fundamentals of a Project Portfolio Management Process
        1. 2.1 - Selecting Projects for the Pipeline
        2. 2.2 - Maintaining the Pipeline
        3. 2.3 - Executing Project Portfolio Management
        4. 2.4 - Tools for Project Portfolio Management
        5. 2.5 - Implementing Project Portfolio Management
      3. SECTION THREE - The Finer Points of Project Portfolio Management
        1. 3.1 - Defining PPM
        2. 3.2 - A Prequalification Process for Selecting Projects for the Portfolio
        3. 3.3 - The Impact of Uncertainty on Projects and the Portfolios
        4. 3.4 - Is There a Gorilla in Your Portfolio?
        5. 3.5 - Work Breakdown Structures for Risk and Strategies
        6. 3.6 - An Introduction to Earned Value Analysis
    8. PART TWO - Contributed Chapters and Case Studies
      1. SECTION FOUR - PPM Techniques and Issues
        1. 4.1 - Linking Strategy and Project Portfolio Management
        2. 4.2 - How to Determine the Value of a Project
        3. 4.3 - Using the Analytic Hierarchy Process to Improve Enterprise Project ...
        4. 4.4 - The Efficient Frontier Technique for Analyzing Project Portfolio Management
      2. SECTION FIVE - PPM Techniques and Issues
        1. 5.1 - Making the Case for Project Portfolio Management
        2. 5.2 - The Role of Executives in Effective Project Portfolio Management
        3. 5.3 - Project Offices Are Key Components of IT Governance
      3. SECTION SIX - PPM Applications
        1. 6.1 - A Summary of First Practices and Lessons Learned in Information ...
        2. 6.2 - The Backbone System of IT Management and Governance
      4. SECTION SEVEN - PPM Applications
        1. 7.1 - A Stage-Gate Idea-to-Launch Framework for Driving New Products to Market
        2. 7.2 - Portfolio Management for Product Innovation
      5. SECTION EIGHT - Applications
        1. 8.1 - Applying the Theory of Constraints to Project Portfolio Management
      6. SECTION NINE - Case Studies
        1. 9.1 - Managing Your Technology Pipeline Portfolio Management Process and Its ...
        2. 9.2 - Using PPM to Ease the Hewlett-Packard-Compaq Merger
        3. 9.3 - Developing a PPM Capability at America Online
        4. 9.4 - EW Scripps
      7. SECTION TEN - What Others Are Saying About PPM
        1. 10.1 - Beyond the Triple Constraints
        2. 10.2 - From Overload to Productivity via Systematic Decision Making
        3. 10.3 - The Seven Habits of Highly Effective IT Portfolio Management Implementations
        4. 10.4 - Project Portfolio Management Basics
        5. 10.5 - Integrating Project Portfolio Management with Project Management ...
    9. Notes
    10. Index