By Michael J. Termini
This ebook offers a wide, accomplished point of view of venture administration, protecting the full concept-to-customer cycle of complicated strategic initiatives. amateur and professional undertaking managers alike will achieve perception into real-world, sensible functions from the author's greater than forty years of hands-on event with world-class multinational firms. The ideas defined are confirmed, the process sound and the implications measurable and important. Case reviews were taken at once from the author's consumer records. They illustrate the appliance of assorted undertaking administration thoughts, in addition to strategic and tactical making plans instruments. A step by step strategy, supported via instruments, recommendations and examples, is used to demonstrate each one very important element of venture administration.
desk of Contents
1. venture administration review - previous and current
2. Portfolio and Pipeline administration
three. undertaking suggestion improvement
four. The Strategic making plans version - reputation of tasks
five. atmosphere undertaking expectancies Early, Realistically, and Measurably
6. Organizing and prime the venture workforce
7. dealing with Contractor, advisor, and provider Relationships
eight. venture Communications administration
nine. Assessing the venture surroundings - earlier, current, and destiny
10. undertaking Budgeting and value administration
eleven. handling danger
12. undertaking Procurement making plans
thirteen. undertaking caliber and Compliance
14. Tactical undertaking administration making plans instruments
15. Assessing undertaking choices via Trade-off Analyses
sixteen. Case research: Florida Southeast builders
17. Organizing and Launching the undertaking administration place of work
18. Parting strategies
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Extra info for From Concept to Customer - Portfolio, Pipeline, and Strategic Project Management
The next step in the proposal development process is to gather information and customer data to better understand the customer’s expectations and hot buttons, as well as the project itself. To expedite this process, the project manager develops a series of guidelines for the project team to facilitate the information gathering, while at the same time placing as little burden on the customer as possible. Here is a typical set of guidelines: From Concept to Customer: Portfolio, Pipeline, and Strategic Project Management 53 Proposal: ________________________________________________ Date due: ________________ Proposal/project manager: ______________________________________ Section From Concept to Customer: Portfolio, Pipeline, and Strategic Project Management Cover letter Title page Table of contents Executive summary Introduction/statement of problem Statement of scope Statement of requirements Statement of approach Statement of methodologies Project control methodologies Quality control methodologies Project plan (schedule) Project budget/fee structure Expected savings or return on investment Assigned to First Draft Due Second Draft Due Final Draft Due Complete Project Proposal Development 54 Table 3-6.
It also requires a significant degree of experience and skill to prepare a proposal that stands out from the competition. At the same time, the proposal must not commit the organization to deliver a project it is not capable of completing under the proposed terms and conditions (under-commit/over-deliver). In addition, there is a cost for preparing a proposal in both direct and indirect terms, which few organizations have quantified. In general, a small proposal will cost between $1,500 and $2,500 to prepare and deliver.
In essence, any initiative with an unfavorable risk profile is either immediately eliminated from further consideration or reprioritized to a lower ranking in the portfolio. Figure 2-4 illustrates a project segmentation analysis that categorizes projects or initiatives in the portfolio based upon the degree of process change/improvement versus the technological development required to support the project’s implementation. The results of this analysis are factored against the operational and research capital available throughout the upcoming period and then filtered to ensure alignment with the corporate mission.