Value Optimization for Project and Performance Management
Value Optimization for Project and Performance Management

Author: Robert B. Stewart

Publisher:

Published: 2010

Total Pages: 312

ISBN-13: 9781119200765

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This book is about framing value. This value framework is built upon its constituent elements: performance, cost, time, and risk. These are in turn communicated through a common language -- that of function. If the language of function is the lingua franca, then each of the aforementioned elements possesses its own vernacular. This book attempts to show how fluency in each of these variables is essential to understanding value. The rise of the professional fields of project and program management has created a kind of renaissance in the managerial sciences. Projects are largely about things, whereas traditional management is mostly about people. The merger of these concepts has created a demand for knowledge in how to best manage both through the synthesis of theory and applied techniques. The management of scope, cost, schedule, communications, quality, and risk are all core knowledge areas within the modern practice of project management. The theories and techniques of Value Methodology provide a means of considering the synergistic effect of these components within the context of project management as they relate to project value.

Cost and Value Management in Projects
Cost and Value Management in Projects

Author: Ray R. Venkataraman

Publisher: John Wiley & Sons

Published: 2023-04-11

Total Pages: 405

ISBN-13: 1119933544

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Cost and Value Management in Projects Project manager’s guide to achieving cost efficiency and value optimization—thoroughly updated with new cases, examples, and problem sets The newly revised and updated Second Edition of Cost and Value Management in Projects provides project managers with a thorough understanding of the various dimensions of cost and value in projects, along with the factors that impact them and the managerial approaches for achieving cost efficiency and value optimization. Whereas most cost management books discuss the topic from a tactical perspective, such as through the use of simple budgeting or Earned Value Analysis, this Second Edition addresses cost from a strategic perspective, examining project management decision areas that have the potential to enhance value and providing an integrated framework for managing cost. The Second Edition includes updates to key topic areas such as project benefits realization, updated end-of-chapter exercises such as discussion questions and problem sets, updated case studies, and new spreadsheet analytic techniques and examples. Written by two highly qualified authors with significant experience in the field, Cost and Value Management in Projects includes information on: Value management through value planning, engineering, and analysis from the perspective of projects, and best practices on how to avoid common pitfalls in managing cost and value Organization strategy and project selection, organization structure and culture, project definition (and contracts), and estimating project times and cost Developing project plans and schedules, managing risk, scheduling resources and cost, reducing project duration, leadership, performance measurement, and project closure Attainment of value in complex environmental settings and benefits of effective project management Cost and Value Management in Projects is an essential resource on the subject for stakeholders at all corporate and government levels, including executives measuring performance, middle level corporate managers, project and team managers, engineers, project team members, and business consultants, along with students in related programs of study.

Handbook of Research on Project Management Strategies and Tools for Organizational Success
Handbook of Research on Project Management Strategies and Tools for Organizational Success

Author: Moreno-Monsalve, Nelson Antonio

Publisher: IGI Global

Published: 2020-01-17

Total Pages: 537

ISBN-13: 1799819353

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Project management tools can be used as an alternative to improve and strengthen a company’s position in the market. However, the management of projects has been in constant transformation. Elements such as time, cost, and scope, on which it is based, have been complemented with other trends, such as the project team, change management, knowledge management, good negotiation practices, management of stakeholders, sustainability, etc. In order to improve the competitiveness of their company and increase earned value, managers must remain up to date on these latest transformations and best practices. The Handbook of Research on Project Management Strategies and Tools for Organizational Success is a pivotal reference source that analyzes and disseminates new trends that will allow managers to improve their skills and strengthen the performance of their companies through obtaining better results in the projects undertaken. While highlighting topics such as market growth, risk management, and value creation, this book is ideally designed for project managers, managers, business professionals, entrepreneurs, academicians, researchers, and students seeking current research on improving the competitiveness of companies as well as increasing their earned value.

Project Management Process
Project Management Process

Author: A.MalleswaraRao

Publisher: Blue Rose Publishers

Published: 2021-10-26

Total Pages: 194

ISBN-13:

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Project Management process is mainly intended to serve as a general information guide for the young and fresh engineers who enter into the project management consultancy environment. The organizations may provide a broad outline of the project management in general during the induction program at entry level. But it is still desirable to have a complete idea and total understanding of the project management functions on a day to day basis. This aspect of project management is highlighted in the Part – A of this book. Part – A provides a bird’s eye view of the very beginning of development of engineering as a profession, with a holistic view of traditional project management and the project scenarios,and project execution methods with an emphasis on how the project engineering is done? What are the basic steps in the Engineering Design Process? etc. Part – B is on the infrastructure engineering of a grass root mega project. This is an extension of the pre-project activities presented in Part – A . It is aimed at providing project management process from ground preparation to setting up the required plant faculties. As quality is an essential part of the deliverable products and services,project quality and project engineering quality aspects are also presented as per Quality Systems Management System Requirements based on ISO 9001-2015.."

Cost and Value Management in Projects
Cost and Value Management in Projects

Author: Ray R. Venkataraman

Publisher: John Wiley & Sons

Published: 2011-08-26

Total Pages: 256

ISBN-13: 1118174186

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Cost and Value Management in Projects provides practicing managers with a thorough understanding of the various dimensions of cost and value in projects, along with the factors that impact them, and the managerial approaches that would be most effective for achieving cost efficiency and value optimization. This book addresses cost from a strategic perspective, offering thorough coverage of the various elements of value management such as value planning, value engineering and value analysis from the perspective of projects.

Project Health Assessment
Project Health Assessment

Author: PMP, Paul S. Royer

Publisher: CRC Press

Published: 2014-10-24

Total Pages: 374

ISBN-13: 148225283X

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Project managers, sponsors, team members, and involved stakeholders know when things aren't going well. A frequent first indication is a missing or errant process. Project Health Assessment presents an innovative approach for assessing project processes through a set of ten critical success factors based on PMI's PMBOK Guide knowledge areas. The fi

Risk Management for Design and Construction
Risk Management for Design and Construction

Author: Ovidiu Cretu

Publisher: John Wiley & Sons

Published: 2011-06-15

Total Pages: 288

ISBN-13: 047063538X

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The essential risk assessment guide for civil engineering, design, and construction Risk management allows construction professionals to identify the risks inherent in all projects, and to provide the tools for evaluating the probabilities and impacts to minimize the risk potential. This book introduces risk as a central pillar of project management and shows how a project manager can be prepared for dealing with uncertainty. Written by experts in the field, Risk Management for Design and Construction uses clear, straightforward terminology to demystify the concepts of project uncertainty and risk. Highlights include: Integrated cost and schedule risk analysis An introduction to a ready-to-use system of analyzing a project's risks and tools to proactively manage risks A methodology that was developed and used by the Washington State Department of Transportation Case studies and examples on the proper application of principles Information about combining value analysis with risk analysis "This book is a must for professionals who are seeking to move towards a proactive risk-centric management style. It is a valuable resource for students who are discovering the intricacies of uncertainties and risks within value estimation. For professionals, the book advocates for identifying and analyzing 'only' risks whose impact are of consequence to a project's performance." JOHN MILTON, PHD, PE Director of Enterprise Risk Management, Washington State Department of Transportation

Integrated Design and Cost Management for Civil Engineers
Integrated Design and Cost Management for Civil Engineers

Author: Andrew Whyte

Publisher: CRC Press

Published: 2014-08-27

Total Pages: 476

ISBN-13: 0415809215

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Find Practical Solutions to Civil Engineering Design and Cost Management Problems A guide to successfully designing, estimating, and scheduling a civil engineering project, Integrated Design and Cost Management for Civil Engineers shows how practicing professionals can design fit-for-use solutions within established time frames and reliable budgets. This text combines technical compliance with practical solutions in relation to cost planning, estimating, time, and cost control. It incorporates solutions that are technically sound as well as cost effective and time efficient. It focuses on the integration of design and construction based on solid engineering foundations contained within a code of ethics, and navigates engineers through the complete process of project design, pricing, and tendering. Well illustrated The book uses cases studies to illustrate principles and processes. Although they center on Australasia and Southeast Asia, the principles are internationally relevant. The material details procedures that emphasize the correct quantification and planning of works, resulting in reliable cost and time predictions. It also works toward minimizing the risk of losing business through cost blowouts or losing profits through underestimation. This Text Details the Quest for Practical Solutions That: Are cost effective Can be completed within a reasonable timeline Conform to relevant quality controls Are framed within appropriate contract documents Satisfy ethical professional procedures, and Address the client’s brief through a structured approach to integrated design and cost management Designed to help civil engineers develop and apply a multitude of skill bases, Integrated Design and Cost Management for Civil Engineers can aid them in maintaining relevancy in appropriate design justifications, guide work tasks, control costs, and structure project timelines. The book is an ideal link between a civil engineering course and practice.

Project Management and BIM for Sustainable Modern Cities
Project Management and BIM for Sustainable Modern Cities

Author: Mohamed Shehata

Publisher: Springer

Published: 2018-10-30

Total Pages: 276

ISBN-13: 3030019055

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This volume presents innovative work on innovative methods, tools and practices aimed at supporting the transition of Asian and Middle Eastern cities and regions towards a more smart and sustainable dimension. The role of the built and urban environment are becoming more pronounced in Asia and Middle East as the regions continues to experience rapid increase in population and urbanisation, which have only led to an increase in environmental degradation but also rise in energy consumption and emissions. Individual chapters covers timely topics such as sustainable infrastructure, transportation, renewable energy, water and methods supporting an innovative and sustainable development of urban areas. Real-world examples are presented to highlight recent developments and advancements in design, construction and transportation infrastructures. The volume is based on the best contributions to the 2nd GeoMEast International Congress and Exhibition on Sustainable Civil Infrastructures, Egypt 2018 – The official international congress of the Soil-Structure Interaction Group in Egypt (SSIGE).

Techniques and Sample Outputs that Drive Business Excellence
Techniques and Sample Outputs that Drive Business Excellence

Author: H. James Harrington

Publisher: CRC Press

Published: 2017-08-15

Total Pages: 316

ISBN-13: 1466577282

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Many organizations are looking for that magic tool or methodology that will suddenly transform them into outstanding organizations. Unfortunately, there is no one right answer for all organizations or even for a single organization. Successful organizations skillfully integrate the appropriate improvement approaches with honesty, commitment, and co