Project Management Analytics

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Data Analytics in Project Management

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 : 48,9 Mb
Release : 2019-01-01
Category : Business & Economics
ISBN : 9781138307285

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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.

Project Management Analytics

Author : Harjit Singh
Publisher : FT Press
Page : 412 pages
File Size : 52,9 Mb
Release : 2015-11-12
Category : Business & Economics
ISBN : 9780134190495

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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

Project Management Essentials

Author : Adedeji B. Badiru
Publisher : CRC Press
Page : 167 pages
File Size : 53,5 Mb
Release : 2021-03-01
Category : Technology & Engineering
ISBN : 9781000349405

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Project Management Essentials by Adedeji B. Badiru Pdf

This Focus book presents the basic principles and practice of project management and simple analytics for project control, using the systems framework of Design, Evaluation, Justification, and Integration (DEJI). The overriding theme of the book is that every pursuit can be organized as a project. This short form book presents the evolution of products in the classical era of introducing new projects needing project management. It discusses the development of project alliances, includes the role of project management in advancing organization goals, illustrates the early applications of project management, and includes humans in the loop. The book will also cover project systems and work design, while showing the integration of quantitative and qualitative analytics. This book can serve as a reference for everyone, since everyone is engaged in project management, whether formal or informal

The Data-Driven Project Manager

Author : Mario Vanhoucke
Publisher : Apress
Page : 164 pages
File Size : 54,9 Mb
Release : 2018-03-27
Category : Business & Economics
ISBN : 9781484234983

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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

Data Analytics for Engineering and Construction Project Risk Management

Author : Ivan Damnjanovic,Kenneth Reinschmidt
Publisher : Springer
Page : 379 pages
File Size : 50,8 Mb
Release : 2019-05-23
Category : Technology & Engineering
ISBN : 9783030142513

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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.

Handbook of Research on Expanding Business Opportunities With Information Systems and Analytics

Author : Jamil, George Leal
Publisher : IGI Global
Page : 455 pages
File Size : 51,6 Mb
Release : 2018-07-20
Category : Business & Economics
ISBN : 9781522562269

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Handbook of Research on Expanding Business Opportunities With Information Systems and Analytics by Jamil, George Leal Pdf

Recent advancements in data collection will affect all aspects of businesses, improving and bringing complexity to management and demanding integration of all resources, principles, and processes. The interpretation of these new technologies is essential to the advancement of management and business. The Handbook of Research on Expanding Business Opportunities With Information Systems and Analytics is a vital scholarly publication that examines technological advancements in data collection that will influence major change in many aspects of business through a multidisciplinary approach. Featuring coverage on a variety of topics such as market intelligence, knowledge management, and brand management, this book explores new complexities to management and other aspects of business. This publication is designed for entrepreneurs, business managers and executives, researchers, business professionals, data analysts, academicians, and graduate-level students seeking relevant research on data collection advancements.

Project Management, Planning and Control

Author : Albert Lester
Publisher : Butterworth-Heinemann
Page : 460 pages
File Size : 55,6 Mb
Release : 2007
Category : Electronic books
ISBN : 075066956X

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Project Management, Planning and Control by Albert Lester Pdf

This fifth edition provides a comprehensive resource for project managers. It describes the latest project management systems that use critical path methods.

Aligning Business Strategies and Analytics

Author : Murugan Anandarajan,Teresa D. Harrison
Publisher : Springer
Page : 211 pages
File Size : 46,6 Mb
Release : 2018-09-27
Category : Business & Economics
ISBN : 9783319932996

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Aligning Business Strategies and Analytics by Murugan Anandarajan,Teresa D. Harrison Pdf

This book examines issues related to the alignment of business strategies and analytics. Vast amounts of data are being generated, collected, stored, processed, analyzed, distributed and used at an ever-increasing rate by organizations. Simultaneously, managers must rapidly and thoroughly understand the factors driving their business. Business Analytics is an interactive process of analyzing and exploring enterprise data to find valuable insights that can be exploited for competitive advantage. However, to gain this advantage, organizations need to create a sophisticated analytical climate within which strategic decisions are made. As a result, there is a growing awareness that alignment among business strategies, business structures, and analytics are critical to effectively develop and deploy techniques to enhance an organization’s decision-making capability. In the past, the relevance and usefulness of academic research in the area of alignment is often questioned by practitioners, but this book seeks to bridge this gap. Aligning Business Strategies and Analytics: Bridging Between Theory and Practice is comprised of twelve chapters, divided into three sections. The book begins by introducing business analytics and the current gap between academic training and the needs within the business community. Chapters 2 - 5 examines how the use of cognitive computing improves financial advice, how technology is accelerating the growth of the financial advising industry, explores the application of advanced analytics to various facets of the industry and provides the context for analytics in practice. Chapters 6 - 9 offers real-world examples of how project management professionals tackle big-data challenges, explores the application of agile methodologies, discusses the operational benefits that can be gained by implementing real-time, and a case study on human capital analytics. Chapters 10 - 11 reviews the opportunities and potential shortfall and highlights how new media marketing and analytics fostered new insights. Finally the book concludes with a look at how data and analytics are playing a revolutionary role in strategy development in the chemical industry.

Data Analytics Initiatives

Author : Ondřej Bothe,Ondřej Kubera,David Bednář,Martin Potančok,Ota Novotný
Publisher : CRC Press
Page : 169 pages
File Size : 52,8 Mb
Release : 2022-04-20
Category : Computers
ISBN : 9781000629347

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Data Analytics Initiatives by Ondřej Bothe,Ondřej Kubera,David Bednář,Martin Potančok,Ota Novotný Pdf

The categorisation of analytical projects could help to simplify complexity reasonably and, at the same time, clarify the critical aspects of analytical initiatives. But how can this complex work be categorized? What makes it so complex? Data Analytics Initiatives: Managing Analytics for Success emphasizes that each analytics project is different. At the same time, analytics projects have many common aspects, and these features make them unique compared to other projects. Describing these commonalities helps to develop a conceptual understanding of analytical work. However, features specific to each initiative affects the entire analytics project lifecycle. Neglecting them by trying to use general approaches without tailoring them to each project can lead to failure. In addition to examining typical characteristics of the analytics project and how to categorise them, the book looks at specific types of projects, provides a high-level assessment of their characteristics from a risk perspective, and comments on the most common problems or challenges. The book also presents examples of questions that could be asked of relevant people to analyse an analytics project. These questions help to position properly the project and to find commonalities and general project challenges.

The PMI Guide to Business Analysis

Author : Anonim
Publisher : Project Management Institute
Page : 509 pages
File Size : 50,7 Mb
Release : 2017-12-22
Category : Business & Economics
ISBN : 9781628254730

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The PMI Guide to Business Analysis by Anonim Pdf

The Standard for Business Analysis – First Edition is a new PMI foundational standard, developed as a basis for business analysis for portfolio, program, and project management. This standard illustrates how project management processes and business analysis processes are complementary activities, where the primary focus of project management processes is the project and the primary focus of business analysis processes is the product. This is a process-based standard, aligned with A Guide to the Project Management Body of Knowledge (PMBOK® Guide) – Sixth Edition, and to be used as a standard framework contributing to the business analysis body of knowledge.

Lean Project Management

Author : Philip Small
Publisher : Philip Small
Page : 545 pages
File Size : 52,9 Mb
Release : 2022-02-20
Category : Business & Economics
ISBN : 8210379456XXX

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Lean Project Management by Philip Small Pdf

This Is How The World's Top Tech Companies Manage Their Projects - Use Their Methods And Let Your Startup Thrive! This book includes: Lean Startup, Lean Enterprise, Lean Analytics, Agile Project Management, Lean Six Sigma, Kaizen Do you want to run your small business using the same strategies as the leaders in your field? Do you want to have a clear advantage over your competitors? Do you want your customers to be happy and eager to pay you even more? It's time to learn Lean. With Lean Project Management, you can create highquality products in less time. You can manage projects in a way that actually empowers and motivates your employees. Last but not least, your customers will LOVE working with you if your company uses Lean and Agile methods. This book will show you how to implement Lean methods in your startup and take it to the next level. With this book, you will: Learn the step-by-step process of managing Lean projects Maximize your team's productivity with Scrum Visualize your workflows with Kanban Understand Lean Six Sigma roles and management boards Explore The 5S system - pros and cons Use Lean Analytics to measure the things that matter Adopt the Kaizen mindset to encourage growth and positive change Grow and scale your thriving business! The Lean mindset is your key to maximum productivity and genuine leadership. It's your key to innovation and success (and making more money in the process). You can use it to manage everything from your personal projects to a thriving corporation - Lean is scalable, flexible, and empowering. In fact, Lean Project Management can be used in all fields and industries - so dive in and transform your business now! Get your hands on this book before your competitors do. Get Your Copy Now!

Agile Project Management with Kanban

Author : Eric Brechner
Publisher : Microsoft Press
Page : 161 pages
File Size : 55,7 Mb
Release : 2015-02-25
Category : Computers
ISBN : 9780735698994

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Agile Project Management with Kanban by Eric Brechner Pdf

Use Kanban to maximize efficiency, predictability, quality, and value With Kanban, every minute you spend on a software project can add value for customers. One book can help you achieve this goal: Agile Project Management with Kanban. Author Eric Brechner pioneered Kanban within the Xbox engineering team at Microsoft. Now he shows you exactly how to make it work for your team. Think of this book as “Kanban in a box”: open it, read the quickstart guide, and you’re up and running fast. As you gain experience, Brechner reveals powerful techniques for right-sizing teams, estimating, meeting deadlines, deploying components and services, adapting or evolving from Scrum or traditional Waterfall, and more. For every step of your journey, you’ll find pragmatic advice, useful checklists, and actionable lessons. This truly is “Kanban in a box”: all you need to deliver breakthrough value and quality. Use Kanban techniques to: Start delivering continuous value with your current team and project Master five quick steps for completing work backlogs Plan and staff new projects more effectively Minimize work in progress and quickly adjust to change Eliminate artificial meetings and prolonged stabilization Improve and enhance customer engagement Visualize workflow and fix revealed bottlenecks Drive quality upstream Integrate Kanban into large projects Optimize sustained engineering (contributed by James Waletzky) Expand Kanban beyond software development

Data Analytics in Project Management

Author : Seweryn Spalek
Publisher : CRC Press
Page : 222 pages
File Size : 51,5 Mb
Release : 2018-10-25
Category : Business & Economics
ISBN : 9780429786365

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Data Analytics in Project Management by Seweryn Spalek Pdf

This book aims to help the reader better understand the importance of data analysis in project management. Moreover, it provides guidance by showing tools, methods, techniques and lessons learned on how to better utilize the data gathered from the projects. First and foremost, insight into the bridge between data analytics and project management aids practitioners looking for ways to maximize the practical value of data procured. The book equips organizations with the know-how necessary to adapt to a changing workplace dynamic through key lessons learned from past ventures. The book’s integrated approach to investigating both fields enhances the value of research findings.

The Business Analyst / Project Manager

Author : Robert K. Wysocki
Publisher : John Wiley & Sons
Page : 257 pages
File Size : 43,7 Mb
Release : 2010-08-20
Category : Business & Economics
ISBN : 9780470910689

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The Business Analyst / Project Manager by Robert K. Wysocki Pdf

A breakthrough game plan illustrating the need for better collaboration between Project Managers and Business Analysts In The Business Analyst/Project Manager, author Robert Wysocki draws on his forty-five years of professional experience as a PM/BA to shed light on the similarities and differences of the roles and responsibilities of these two positions, the need for greater collaboration, and how to staff a project with one or both of these professionals. Examines the boundaries and interactions between the BA and the PM Looks at how to identify the skill sets needed to make the project a success The typical relationship of the BA and PM across the project management life cycle Making the best configuration of leadership assignments based on project characteristics Where the responsibilities of the BA leave off and the PM's begins and where the two have collaborative responsibilities How to use a PM/BA to enhance project performance How to foster a "dual career path" for PM/BAs development The in-depth discussion of the synergies between the two roles and the advantages of a combined PM/BA makes The Business Analyst/Project Manager a valuable contribution in your ability to be successful on the complex projects of the 21st century.

Business Analysis for Practitioners

Author : Project Management Institute
Publisher : Project Management Inst
Page : 206 pages
File Size : 50,7 Mb
Release : 2015-01-01
Category : Business & Economics
ISBN : 1628250690

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Business Analysis for Practitioners by Project Management Institute Pdf

Recent research has shown that organizations continue to experience project issues associated with the poor performance of requirements-related activities a core task for the practice of business analysis. In fact, poor requirements practices are often cited as a leading cause of project failure in PMI's Pulse of the Profession surveys. Business Analysis for Practitioners: A Practice Guide provides practical resources to tackle the project-related issues associated with requirements and business analysis and addresses a critical need in the industry for more guidance in this area.