Data Driven Project Management

Author : Mario Vanhoucke
Publisher : Apress
Page : 164 pages
File Size : 41,7 Mb
Release : 2018-03-27
Category : Business & Economics
ISBN : 9781484234983

Get Book

The Data-Driven Project Manager by Mario Vanhoucke Pdf

Discover solutions to common obstacles faced by project managers. Written as a business novel, the book is highly interactive, allowing readers to participate and consider options at each stage of a project. The book is based on years of experience, both through the author's research projects as well as his teaching lectures at business schools. The book tells the story of Emily Reed and her colleagues who are in charge of the management of a new tennis stadium project. The CEO of the company, Jacob Mitchell, is planning to install a new data-driven project management methodology as a decision support tool for all upcoming projects. He challenges Emily and her team to start a journey in exploring project data to fight against unexpected project obstacles. Data-driven project management is known in the academic literature as “dynamic scheduling” or “integrated project management and control.” It is a project management methodology to plan, monitor, and control projects in progress in order to deliver them on time and within budget to the client. Its main focus is on the integration of three crucial aspects, as follows: Baseline Scheduling: Plan the project activities to create a project timetable with time and budget restrictions. Determine start and finish times of each project activity within the activity network and resource constraints. Know the expected timing of the work to be done as well as an expected impact on the project’s time and budget objectives. Schedule Risk Analysis: Analyze the risk of the baseline schedule and its impact on the project’s time and budget. Use Monte Carlo simulations to assess the risk of the baseline schedule and to forecast the impact of time and budget deviations on the project objectives. Project Control: Measure and analyze the project’s performance data and take actions to bring the project on track. Monitor deviations from the expected project progress and control performance in order to facilitate the decision-making process in case corrective actions are needed to bring projects back on track. Both traditional Earned Value Management (EVM) and the novel Earned Schedule (ES) methods are used. What You'll Learn Implement a data-driven project management methodology (also known as "dynamic scheduling") which allows project managers to plan, monitor, and control projects while delivering them on time and within budget Study different project management tools and techniques, such as PERT/CPM, schedule risk analysis (SRA), resource buffering, and earned value management (EVM) Understand the three aspects of dynamic scheduling: baseline scheduling, schedule risk analysis, and project control Who This Book Is For Project managers looking to learn data-driven project management (or "dynamic scheduling") via a novel, demonstrating real-time simulations of how project managers can solve common project obstacles

Author : Harjit Singh
Publisher : FT Press
Page : 412 pages
File Size : 43,6 Mb
Release : 2015-11-12
Category : Business & Economics
ISBN : 9780134190495

Get Book

Project Management Analytics by Harjit Singh Pdf

To manage projects, you must not only control schedules and costs: you must also manage growing operational uncertainty. Today’s powerful analytics tools and methods can help you do all of this far more successfully. In Project Management Analytics, Harjit Singh shows how to bring greater evidence-based clarity and rationality to all your key decisions throughout the full project lifecycle. Singh identifies the components and characteristics of a good project decision and shows how to improve decisions by using predictive, prescriptive, statistical, and other methods. You’ll learn how to mitigate risks by identifying meaningful historical patterns and trends; optimize allocation and use of scarce resources within project constraints; automate data-driven decision-making processes based on huge data sets; and effectively handle multiple interrelated decision criteria. Singh also helps you integrate analytics into the project management methods you already use, combining today’s best analytical techniques with proven approaches such as PMI PMBOK® and Lean Six Sigma. Project managers can no longer rely on vague impressions or seat-of-the-pants intuition. Fortunately, you don’t have to. With Project Management Analytics, you can use facts, evidence, and knowledge—and get far better results. Achieve efficient, reliable, consistent, and fact-based project decision-making Systematically bring data and objective analysis to key project decisions Avoid “garbage in, garbage out” Properly collect, store, analyze, and interpret your project-related data Optimize multi-criteria decisions in large group environments Use the Analytic Hierarchy Process (AHP) to improve complex real-world decisions Streamline projects the way you streamline other business processes Leverage data-driven Lean Six Sigma to manage projects more effectively

Author : Edward W. Merrow,Neeraj Nandurdikar
Publisher : John Wiley & Sons
Page : 261 pages
File Size : 44,8 Mb
Release : 2018-05-01
Category : Business & Economics
ISBN : 9781119382195

Get Book

Leading Complex Projects by Edward W. Merrow,Neeraj Nandurdikar Pdf

Quantitative analysis of outcomes vs PMs at the individual level Leading Complex Projects takes a unique approach to post-mortem analysis to provide project managers with invaluable insight. For the first time, individual PM characteristics are quantitatively linked to project outcomes through a major study investigating the role of project leadership in the success and failure of complex industrial projects; hard data on the backgrounds, education, and personality characteristics of over 100 directors of complex projects is analyzed against the backdrop of project performance to provide insight into controllable determinants of outcomes. By placing these analyses alongside their own data, PMs will gain greater insight into areas of weakness and strength, locate recurring obstacles, and identify project components in need of greater planning, oversight, or control. The role of leadership is to deliver results; in project management, this means taking responsibility for project outcomes. PMs are driven by continuous improvement, and this book provides a wealth of insight to help you achieve the next step forward. Understand why small, simple projects consistently outperform larger, more complex projects Delve into the project manager's role in generating successful outcomes Examine the data from over 100 PMs of complex industrial projects Link PM characteristics to project outcome to find areas for improvement Complex industrial projects from around the world provide a solid basis for quantitative analysis of outcomes—and the PMs who drive them. Although the majority of the data is taken from projects in the petroleum industry, the insights gleaned from analysis are widely applicable across industry lines for PMs who lead complex projects of any stripe. Leading Complex Projects provides clear, data-backed improvement guidance for anyone in a project management role.

Author : Seweryn Spalek,J. Davidson Frame,Yanping Chen,Carl Pritchard,Alfonso Bucero,Werner Meyer,Ryan Legard,Michael Bragen,Klas Skogmar,Deanne Larson,Bert Brijs
Publisher : Taylor & Francis Group/CRC Press
Page : 11 pages
File Size : 43,5 Mb
Release : 2019-01-01
Category : Business & Economics
ISBN : 9781138307285

Get Book

Data Analytics in Project Management by Seweryn Spalek,J. Davidson Frame,Yanping Chen,Carl Pritchard,Alfonso Bucero,Werner Meyer,Ryan Legard,Michael Bragen,Klas Skogmar,Deanne Larson,Bert Brijs Pdf

Data Analytics in Project Management. Data analytics plays a crucial role in business analytics. Without a rigid approach to analyzing data, there is no way to glean insights from it. Business analytics ensures the expected value of change while that change is implemented by projects in the business environment. Due to the significant increase in the number of projects and the amount of data associated with them, it is crucial to understand the areas in which data analytics can be applied in project management. This book addresses data analytics in relation to key areas, approaches, and methods in project management. It examines: • Risk management • The role of the project management office (PMO) • Planning and resource management • Project portfolio management • Earned value method (EVM) • Big Data • Software support • Data mining • Decision-making • Agile project management Data analytics in project management is of increasing importance and extremely challenging. There is rapid multiplication of data volumes, and, at the same time, the structure of the data is more complex. Digging through exabytes and zettabytes of data is a technological challenge in and of itself. How project management creates value through data analytics is crucial. Data Analytics in Project Management addresses the most common issues of applying data analytics in project management. The book supports theory with numerous examples and case studies and is a resource for academics and practitioners alike. It is a thought-provoking examination of data analytics applications that is valuable for projects today and those in the future.

Author : Harjit Singh
Publisher : Unknown
Page : 128 pages
File Size : 51,9 Mb
Release : 2016
Category : Data mining
ISBN : 0134190505

Get Book

Project Management Analytics by Harjit Singh Pdf

Author : OZHAN ATALI
Publisher : Wremia, Inc.
Page : 71 pages
File Size : 47,9 Mb
Release : 2020-03-31
Category : Business & Economics
ISBN : 9780578670300

Get Book

Data-Driven Project Management by OZHAN ATALI Pdf

Starting from 2010 there has been incredible change in business environments with the development of cloud technology and artificial intelligence. We believe that these technologies will start affecting routine-based desk jobs intensively soon. Data-entry, operational-accounting and scheduling might be one of these areas. The idea of writing this book primarily raised from experiences which indicates that there is still enough time to waste with spreadsheets. Because each business runs for profitability and currently the cost of a large system changes cannot be afforded by majority of small and medium sized businesses. And each technology may not provide 100% automation for each task on time. You will learn the best project management practices on excel and will have free professional project management spreadsheet templates (i.e. Gantt, kanban, project planner). Finance and accounting are still seen as professions owned by a specific department of companies whereas real finance is run by operations themselves. Each team member and/or the leader or planner must be aware of the financial results of each action. Particularly, project managers must have adequate knowledge and hands-on experience on financial aspects of projects. For this purpose, the second chapter of this guide focus on financial concepts related to project management.

Author : Rupert Morrison
Publisher : Kogan Page Publishers
Page : 441 pages
File Size : 55,7 Mb
Release : 2021-10-03
Category : Business & Economics
ISBN : 9781398603271

Get Book

Data-Driven Organization Design by Rupert Morrison Pdf

SHORTLISTED: CMI Management Book of the Year 2017 - Management Futures Category Understand how to drive business performance with your organizational data and analytics in the second edition of Data-Driven Organization Design. Using data and analytics is a key opportunity for businesses to transform performance and achieve success. With a data-driven approach, all the elements of the organizational system can be connected to design an environment in which people can excel and attain competitive advantage. Data-Driven Organization Design provides a practical framework for HR and organization design practitioners to build a baseline of data, set objectives, carry out fixed and dynamic process design, map competencies, and right-size the organization. It shows how to collect the right data, present it meaningfully and ask the most relevant questions of it to help complex, fluid organizations constantly evolve and meet moving objectives. This updated second edition contains new material on organizational planning and analysis, role design and job architecture, position management lifecycle and delta reporting. Alongside this, new case studies and examples will show how these approaches have been applied in practice. Whether planning a long-term transformation, a large redesign or an individual small project, Data-Driven Organization Design will demonstrate how to make the most of your organizational data and analytics to drive business performance.

Author : Thomas C. Redman
Publisher : Harvard Business Press
Page : 257 pages
File Size : 45,6 Mb
Release : 2008-09-22
Category : Business & Economics
ISBN : 9781422163641

Get Book

Data Driven by Thomas C. Redman Pdf

Your company's data has the potential to add enormous value to every facet of the organization -- from marketing and new product development to strategy to financial management. Yet if your company is like most, it's not using its data to create strategic advantage. Data sits around unused -- or incorrect data fouls up operations and decision making. In Data Driven, Thomas Redman, the "Data Doc," shows how to leverage and deploy data to sharpen your company's competitive edge and enhance its profitability. The author reveals: · The special properties that make data such a powerful asset · The hidden costs of flawed, outdated, or otherwise poor-quality data · How to improve data quality for competitive advantage · Strategies for exploiting your data to make better business decisions · The many ways to bring data to market · Ideas for dealing with political struggles over data and concerns about privacy rights Your company's data is a key business asset, and you need to manage it aggressively and professionally. Whether you're a top executive, an aspiring leader, or a product-line manager, this eye-opening book provides the tools and thinking you need to do that.

Author : Randy Deutsch
Publisher : John Wiley & Sons
Page : 384 pages
File Size : 55,6 Mb
Release : 2015-08-27
Category : Architecture
ISBN : 9781118899267

Get Book

Data-Driven Design and Construction by Randy Deutsch Pdf

“In this comprehensive book, Professor Randy Deutsch has unlocked and laid bare the twenty-first century codice nascosto of architecture. It is data. Big data. Data as driver. . .This book offers us the chance to become informed and knowledgeable pursuers of data and the opportunities it offers to making architecture a wonderful, useful, and smart art form.” —From the Foreword by James Timberlake, FAIA Written for architects, engineers, contractors, owners, and educators, and based on today’s technology and practices, Data-Driven Design and Construction: 25 Strategies for Capturing, Applying and Analyzing Building Data addresses how innovative individuals and firms are using data to remain competitive while advancing their practices. seeks to address and rectify a gap in our learning, by explaining to architects, engineers, contractors and owners—and students of these fields—how to acquire and use data to make more informed decisions. documents how data-driven design is the new frontier of the convergence between BIM and architectural computational analyses and associated tools. is a book of adaptable strategies you and your organization can apply today to make the most of the data you have at your fingertips. Data-Driven Design and Construction was written to help design practitioners and their project teams make better use of BIM, and leverage data throughout the building lifecycle.

Author : Kristian Bainey
Publisher : John Wiley & Sons
Page : 449 pages
File Size : 46,7 Mb
Release : 2024-04-02
Category : Business & Economics
ISBN : 9781394232222

Get Book

AI-Driven Project Management by Kristian Bainey Pdf

Accelerate your next project with artificial intelligence and ChatGPT In AI-Driven Project Management: Harnessing the Power of Artificial Intelligence and ChatGPT to Achieve Peak Productivity and Success, veteran IT and project management advisor Kristian Bainey delivers an insightful collection of strategies for automating the administration and management of projects. In the book, the author focuses on four key areas where project leaders can achieve improved results with AI's data-centric capabilities: minimizing surprises, minimizing bias, increasing standards, and accelerating decision making. You'll also find: Primers on the role of AI and ChatGPT in Agile, Hybrid, and Predictive approaches to project management How to accurately forecast a project with ChatGPT Techniques for crafting impactful AI strategy using AI project management principles Perfect for managers, executives, and business leaders everywhere, AI-Driven Project Management is also a must-read for project management professionals, tech professionals and enthusiasts, and anyone else interested in the intersection of artificial intelligence, machine learning, and project management.

Author : Harold Kerzner,Frank P. Saladis,International Institute for Learning
Publisher : John Wiley & Sons
Page : 288 pages
File Size : 55,5 Mb
Release : 2011-08-17
Category : Technology & Engineering
ISBN : 9781118174425

Get Book

Value-Driven Project Management by Harold Kerzner,Frank P. Saladis,International Institute for Learning Pdf

In the traditional view of project management, if a project manager completed a project and had adhered to the triple constraints of time, cost, and performance, the project was considered a success. Today, in the eyes of the customer and the parent or sponsoring company, if a completed project did not deliver its anticipated value, it would be seen as a failure. Today's changing economic climate, marked by an increasingly competitive global environment, is driving project managers to become more business oriented. Projects must now be viewed from a strategic perspective within the context of a business or enterprise that needs to provide value to both the customer and the organization itself. As a result, project managers are now required to possess the skills to complete a project within certain specifications, and also know how to create and deliver value. Responding to the needs of today's project managers, Value-Driven Project Management begins by changing the paradigm of project management. Rather than judge the success of a project from the perspectives of time, budget, and quality, the authors demonstrate why success is only achieved when planned business values are met, including: Internal value Financial value Future value Customer-related value The authors also offer best practices that allow you and your organization to create additional value in efficiency, customer satisfaction, and enhanced products and services. Finally, the book helps you incorporate value into clearly defined business objectives and "sell" the value-driven process to executives. Throughout the book, helpful illustrations clarify complex concepts and processes. Assigning valuable resources to projects that don't provide some tangible form of value to the organization and to the client is poor management and poor decision-making. On the other hand, selecting and implementing projects that will deliver value and an acceptable return on investment is effective management and decision-making, but is very challenging, especially when a project may not provide its target value for years to come. With Value-Driven Project Management in hand, you'll discover the tools you need to ensure that projects deliver true value upon their completion.

Author : Lynn Crawford,J. Brian Hobbs,J. Rodney Turner
Publisher : Project Management Inst
Page : 171 pages
File Size : 49,8 Mb
Release : 2005
Category : Architecture
ISBN : 1930699387

Get Book

Project Categorization Systems by Lynn Crawford,J. Brian Hobbs,J. Rodney Turner Pdf

Author : Bernard Marr
Publisher : Kogan Page Publishers
Page : 265 pages
File Size : 42,5 Mb
Release : 2018-04-03
Category : Business & Economics
ISBN : 9780749482473

Get Book

Data-Driven HR by Bernard Marr Pdf

FINALIST: Business Book Awards 2019 - HR and Management Category Traditionally seen as a purely people function unconcerned with numbers, HR is now uniquely placed to use company data to drive performance, both of the people in the organization and the organization as a whole. Data-Driven HR is a practical guide which enables HR professionals to leverage the value of the vast amount of data available at their fingertips. Covering how to identify the most useful sources of data, collect information in a transparent way that is in line with data protection requirements and turn this data into tangible insights, this book marks a turning point for the HR profession. Covering all the key elements of HR including recruitment, employee engagement, performance management, wellbeing and training, Data-Driven HR examines the ways data can contribute to organizational success by, among other things, optimizing processes, driving performance and improving HR decision making. Packed with case studies and real-life examples, this is essential reading for all HR professionals looking to make a measurable difference in their organizations.

Author : Ivan Damnjanovic,Kenneth Reinschmidt
Publisher : Springer
Page : 379 pages
File Size : 41,7 Mb
Release : 2019-05-23
Category : Technology & Engineering
ISBN : 9783030142513

Get Book

Data Analytics for Engineering and Construction Project Risk Management by Ivan Damnjanovic,Kenneth Reinschmidt Pdf

This book provides a step-by-step guidance on how to implement analytical methods in project risk management. The text focuses on engineering design and construction projects and as such is suitable for graduate students in engineering, construction, or project management, as well as practitioners aiming to develop, improve, and/or simplify corporate project management processes. The book places emphasis on building data-driven models for additive-incremental risks, where data can be collected on project sites, assembled from queries of corporate databases, and/or generated using procedures for eliciting experts’ judgments. While the presented models are mathematically inspired, they are nothing beyond what an engineering graduate is expected to know: some algebra, a little calculus, a little statistics, and, especially, undergraduate-level understanding of the probability theory. The book is organized in three parts and fourteen chapters. In Part I the authors provide the general introduction to risk and uncertainty analysis applied to engineering construction projects. The basic formulations and the methods for risk assessment used during project planning phase are discussed in Part II, while in Part III the authors present the methods for monitoring and (re)assessment of risks during project execution.

Author : Puja Bhatt,Aurn Singhal
Publisher : Project Management Institute
Page : 63 pages
File Size : 55,8 Mb
Release : 2017-03-27
Category : Business & Economics
ISBN : 9781628252392

Get Book

9 Habits of Project Leaders by Puja Bhatt,Aurn Singhal Pdf

There are no shortcuts to achieving excellence in leadership. Seasoned project managers know that the qualities that bring about successful business results come from experience and daily practice. They also know that measurable improvements can come from simple, positive changes in how people work, interact, and grow together to create meaningful relationships. 9 Habits of Project Leaders is about transforming a good project manager into a great project leader by adding simple yet powerful habits to the project execution toolbox. The authors collected insights from more than 50 top-level project leaders from diverse industries, yielding the top common-sense habits of effective leadership, specifically tailored to the field of project management for the first time. This book provides a path for project managers—who are essentially in the "relationship business"—to engage, energize, and inspire their teams, and ultimately achieve their professional and project goals.