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The Power of Enterprise-Wide Project Management

Book Description

Executives in the most forward-thinking businesses are taking project management beyond specific projects in manufacturing, product development, and IT, and adopting its powerful methods company-wide. This book describes in detail the four key functions, also known as the Four Pillars of the EPMO House of Excellence, that are crucial to building an effective Enterprise Project Management Office (EPMO).

Table of Contents

  1. Copyright
  2. Praise for The Power of Enterprise-Wide Project Management
  3.  
  4. Foreword
  5. Preface: Project Management Is a Business Function
  6. Acknowledgments
  7. Overview
    1. Executive Office Level View
      1. Project Business Management
      2. Your Business and Project, Program, and Portfolio Management
      3. The EPMO as a Competitive Weapon and Its Benefits
      4. Project Management as a Business Function
      5. Impact of Project Business Management Maturity
      6. Factors of Project Business Management and EPMO Success
    2. The EPMO as a Business Organization
      1. The Business Case for the EPMO
      2. Typical Project Management Office Structure
      3. Structuring the EPMO
    3. Enterprise-Wide Project Management as a Business Concept
      1. EWPM End-State Vision and Concept
      2. Project Business Management: Integrating Project, Business, and Operations Management
      3. Project Business Management: Six Key Factors
      4. Institutionalizing Project Management Takes Commitment
    4. Integrating Projects with Business Strategies and Objectives
      1. Methodology
      2. Strategic Planning
      3. Tactical Planning
      4. PBM Based Planning
      5. Key Points for Project Business Management Planning Success
  8. Governance
    1. The EPMO as a Management Method
      1. The EPMO as a Business Strategy
      2. The EPMO as a Business Objective
      3. The EPMO in PBM Planning Operations
    2. Setting Policy and Establishing the Charter
      1. Managing Business and Cultural Change
      2. Issuing the Project Business Management Policy Statement
      3. Issuing the EPMO Charter
    3. Managing Portfolios, Programs, and Projects
      1. Role of the EPMO in Managing Portfolios, Programs, and Projects
      2. The EPMO in Large or Global Enterprises
      3. Division Project Management Office (DPMO) Structure
      4. Distributed Business Unit and Project PMOs
  9. Standardization
    1. What Is Standardization?
    2. Identifying and Integrating Processes and Practices
      1. Iterative Management Processes
      2. Identifying and Selecting Applicable Processes
      3. Integrating the Enterprise’s Selected Processes
    3. Enterprise-Wide Project Business Management Methodology
      1. Project Business Management Methodology: Models 1 Through 5
      2. Business Strategy Development Processes: Model #1
      3. Business Objective Development Processes: Model #2
      4. Portfolio Management Processes: Model #3
      5. Program Management Processes: Model #4
      6. Project Management Processes: Model #5
      7. Process Summary Examples
    4. Creating Policies, Plans, and Procedures
      1. Determining the Need
      2. Positive Management Actions and Procedural System Traits
      3. Structured Development Approach
      4. Procedural System Development Process
  10. Capability
    1. Capabilities and Competency
      1. Enterprise Capabilities
      2. What Is Competence in Management?
      3. Project Manager Competence Model
      4. Portfolio, Program, and Project Management Career Paths
    2. Education and Training
      1. Training Program Plan Overview
      2. Training Goals
      3. Training Organization Structure and Responsibilities
      4. Training Course Development/Schedule/Registration
      5. Training Program Course Directory
    3. Effective and Efficient Work Breakdown Structures
      1. What Is Work Structuring?
      2. Why Is an EWBS Prepared, and What Are the Benefits?
      3. What Makes a Successful Enterprise-Wide Work Breakdown Structure?
      4. How to Design and Develop a WBS
      5. How to Prepare a WBS
    4. Project Business Management System
      1. What Is a PBMS?
      2. What Are the Purposes and Benefits of the PBMIS?
      3. User Interface?
      4. Data Processors
      5. Data Warehouse
      6. Actual Costs and Accounting Systems Interfaces
    5. Earned Value and Real Project Cost Accounting
      1. Earned Value Measurements
      2. Project Cost Accounting Methodology
    6. Communications and Risk Management
      1. Communications Management
      2. Risk Management
  11. Execution
    1. PBMM Integrated Planning & Execution
      1. Five Elements of Project Business Management Planning
      2. Gate Review Process
      3. Cost Benefit of Project Business Management Planning
      4. PBM Methodology Stakeholders
    2. PBMM Strategic Business Development
      1. Identifying and Compiling Business Strategies
      2. Documenting the Strategic Business Plan and Business Cases
      3. Executing the Business Strategies
    3. PBMM Business Objective Development
      1. Developing Business Objectives
      2. Documenting Business Objectives
      3. Prioritizing Business Objectives for Execution
      4. Executing the Business Objectives
    4. PBMM Component Selection and Initiation
      1. PBM Component Organization and Selection
      2. PBM Component Initiation
    5. Portfolio, Program, and Project Authorization
    6. Portfolio PBMM Planning and Execution
      1. Portfolio Initiation Processes
      2. Portfolio Planning Processes
      3. Portfolio Executing Processes
      4. Portfolio Monitoring and Controlling Processes
      5. Portfolio Closing Processes
    7. Program PBMM Planning and Execution
      1. Program Initiation Processes
      2. Program Planning Processes
      3. Program Executing Processes
      4. Program Monitoring and Controlling Processes
      5. Program Closing Processes
    8. Project PBMM Planning and Execution
      1. Project Initiation Processes
      2. Project Planning Processes
      3. Project Executing Processes
      4. Project Monitoring and Controlling Processes
      5. Project Closing Processes
  12. Maturity
    1. Process and Practice Maturity
      1. Maturity Concept
      2. Project Management Maturity Cost Perspective
      3. Stages of Project Business Management Maturity
      4. Project Business Management Maturity Model
      5. Components of Maturity
      6. Evaluating Maturity
      7. Improving Maturity
    2. PMO Case Study Results
      1. Study Results
      2. Results Analysis
      3. Study Conclusions
  13. Epilogue
  14. Forms, Tools, and Templates
  15. Project Business Management Maturity Evaluation Model
  16. PMO Case Study Survey
  17. Index