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Reinventing Project Management: The Diamond Approach To Successful Growth And Innovation

Book Description

Projects are the engines that drive innovation from idea to commercialization. In fact, the number of projects in most organizations today is expanding while operations is shrinking. Yet, since many companies still focus on operational excellence and efficiency, most projects fail--largely because conventional project management concepts cannot adapt to a dynamic business environment. Moreover, top managers neglect their company's project activity, and line managers treat all their projects alike--as part of operations. Based on an unprecedented study of more than 600 projects in a variety of businesses and organizations around the globe, "Reinventing Project Management" provides a new and highly adaptive model for planning and managing projects to achieve superior business results.

Table of Contents

  1. Title Page
  2. Copyright Page
  3. Dedication
  4. Table of Contents
  5. ACKNOWLEDGMENTS
  6. Part One - A NEW MODEL FOR MANAGING PROJECTS
    1. CHAPTER ◆ 1 ◆ - WHY YOUR BUSINESS SUCCESS DEPENDS ON PROJECTS
      1. The Bad News: Most Projects Still Fail
      2. WhyTraditional Project Management Often Fails
      3. A Better Way to Manage: Toward an Adaptive Project Management Approach
      4. A Road Map to This Book
      5. Key Points and Action Items
    2. CHAPTER ◆ 2 ◆ - WHAT MAKES A PROJECT SUCCESSFUL
      1. Beyond Time, Budget, and Performance
      2. A Multidimensional Strategic Concept
      3. Project Success as a Dynamic Concept
      4. Applying the Success Dimensions Framework to Your Projects
      5. Key Points and Action Items
    3. CHAPTER ◆ 3 ◆ - THE DIAMOND FRAMEWORK
      1. Why Organizations Need a Framework
      2. How to Distinguish Among Projects
      3. The NTCP Dimensions: Some Famous Examples
      4. The NTCP Model: An Introduction
      5. The Adaptive Diamond Model
      6. The Impact of the NTCP Dimensions on Project Management
      7. Key Points and Action Items
  7. Part Two - THE FOUR BASES OF SUCCESSFUL PROJECTS
    1. CHAPTER ◆ 4 ◆ - NOVELTY
      1. How Novelty Affects Projects
      2. Distinguishing Projects Based on Novelty
      3. The Risk and Opportunity of Breakthrough Projects
      4. The Impact of Misclassifying a Product’s Novelty
      5. Key Points and Action Items
    2. CHAPTER ◆ 5 ◆ - TECHNOLOGY
      1. What Is Technological Uncertainty?
      2. How Technological Uncertainty Affects Project Management
      3. The Low and High Ends of Technology
      4. Key Points and Action Items
    3. CHAPTER ◆ 6 ◆ - COMPLEXITY
      1. How Product Complexity Affects Project Complexity
      2. The Three Types of Project Complexity
      3. The Impact of Complexity on Project Management
      4. The Weak Link: System Projects
      5. Key Points and Action Items
    4. CHAPTER ◆ 7 ◆ - PACE
      1. The Four Levels of Project Pace
      2. The Impact of Pace on Project Management
      3. Key Points and Action Items
  8. Part Three - PUTTING THE DIAMOND APPROACH TO WORK
    1. CHAPTER ◆ 8 ◆ - MANAGING PROJECTS FOR BUSINESS INNOVATION
      1. How Companies Select Projects and Allocate Resources
      2. Toward a Disciplined Project Management Approach to Innovation
      3. Key Points and Action Items
    2. CHAPTER ◆ 9 ◆ - MANAGING PROJECTS WITHIN THE EXISTING ORGANIZATION
      1. Building on Classic Project Phases and Activities
      2. Managing Your Project’s Uncertainties
      3. Managing Your Project Risk
      4. What Is Project Risk?
      5. Using an Adaptive Approach in Your Project Planning
      6. Improving the Efficiency of Your Projects
      7. The Outsourcing Dilemma
      8. Key Points and Action Items
    3. CHAPTER ◆ 10 ◆ - HOW MARKETS AND INDUSTRIES AFFECT PROJECT MANAGEMENT
      1. How Markets and Customers Influence Project Management
      2. The Industry Context
      3. Key Points and Action Items
    4. CHAPTER ◆ 11 ◆ - REINVENTING PROJECT MANAGEMENT FOR YOUR ORGANIZATION
      1. Main Lessons
      2. Implement New Policies
      3. Create an Organizational Framework and Handbook for Project Management
      4. Create a Policy for Portfolio Management and Project Selection
      5. Develop a Project Management Training Program
      6. Develop Career Paths for Project Managers and Criteria for Their Selection
      7. Create a Learning Environment Around Projects
      8. A Note About the Role of Educators and Scholars
      9. Final Thoughts: What’s Next in Project Management?
  9. APPENDIX 1 - OUR RESEARCH STEPS
  10. APPENDIX 2 - PROJECT SUCCESS ASSESSMENT QUESTIONNAIRE
  11. APPENDIX 3A - BUILDING THE CONTINGENCY APPROACH TO PROJECT MANAGEMENT
  12. APPENDIX 3B - PROJECT CLASSIFICATION QUESTIONNAIRE
  13. APPENDIX 3C - PRINCIPLES AND DESIGN OF CLASSIFICATION SYSTEMS
  14. APPENDIX 4 - PROJECT NOVELTY AND TRADITIONAL PROJECT MANAGEMENT
  15. APPENDIX 5A - EMPIRICAL RESULTS FOR PROJECT TECHNOLOGY
  16. APPENDIX 5B - PROJECT TECHNOLOGY AND TRADITIONAL PROJECT MANAGEMENT
  17. APPENDIX 6A - EMPIRICAL RESULTS FOR PROJECT COMPLEXITY
  18. APPENDIX 6B - PROJECT COMPLEXITY AND TRADITIONAL PROJECT MANAGEMENT
  19. APPENDIX 7 - PROJECT PACE AND TRADITIONAL PROJECT MANAGEMENT
  20. NOTES
  21. INDEX
  22. ABOUT THE AUTHORS