The Ama Handbook Of Project Management Chapter 10a Studies In Cost Management Earned Value An Integrated Project Management Approach

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The AMA Handbook of Project Management

Author : Paul C. Dinsmore,Jeannette Cabanis-Brewin
Publisher : AMACOM
Page : 545 pages
File Size : 55,8 Mb
Release : 2010-09-15
Category : Business & Economics
ISBN : 9780814415443

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The AMA Handbook of Project Management by Paul C. Dinsmore,Jeannette Cabanis-Brewin Pdf

A comprehensive reference presenting the critical concepts and theories all project managers must master, The AMA Handbook of Project Management compiles essays and advice from the field’s top professionals. Compatible with the most recent edition of the Project Management Body of Knowledge® and featuring new data on the Project Management Office, the completely revised third edition shows readers how to: • Establish project goals • Implement planning on both the strategic and operational levels • Manage the project life cycle and meet objectives • Budget the project • Handle the transition from project idea to project reality • Manage political and resource issues Packed with research-based information and advice from experienced practitioners—as well as new information on agile project management, Six Sigma projects, the use of social media, and the alignment of strategy and projects—this guide is a vital resource for everyone involved in project tasks.

Earned Value Project Management - Fourth Edition

Author : Quentin W. Fleming,Joel M Koppelman
Publisher : Project Management Institute
Page : 231 pages
File Size : 49,6 Mb
Release : 2016-12-20
Category : Business & Economics
ISBN : 9781935589419

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Earned Value Project Management - Fourth Edition by Quentin W. Fleming,Joel M Koppelman Pdf

Organizations that follow the principles of good Earned Value Management (EVM) create an environment that allows teams to successfully operate and thrive — even in the face of challenges that could negatively impact their projects.Earned Value Project Management (EVPM) is a methodology used to measure and communicate the real physical progress of a project taking into account the work completed, the time taken and the costs incurred to complete that work. As a result, EVPM allows more educated and effective management decision-making, which helps evaluate and control project risk by measuring project progress in monetary terms.In the first two editions of Earned Value Project Management, Quentin W. Fleming and Joel M. Koppelman provided guidance for project management practitioners already familiar with EVPM, was well as those who were new to the use of this technique. The third edition expanded the information available on of EVPM for medium and smaller projects while still being relevant for larger projects. An important addition to Earned Value Project Management – Fourth Edition is the discussion of the two perceptions of the EVM concept. Both are valid, but one is better suited to the management of major projects while the other appropriate for use on all projects. The authors cover both perceptions in this book, with a bias in favor of simple, broad-based EVM for use on all projects.

The Standard for Earned Value Management

Author : Project Management Institute Project Management Institute
Publisher : Project Management Institute
Page : 260 pages
File Size : 40,7 Mb
Release : 2020-04-13
Category : Business & Economics
ISBN : 9781628256390

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The Standard for Earned Value Management by Project Management Institute Project Management Institute Pdf

Earned value management (EVM) is a management methodology for integrating scope, schedule, and resources; objectively measuring project performance and progress; and forecasting project outcome. It is considered by many to be one of the most effective performance measurement and feedback tools for managing projects. The Standard for Earned Value Management builds on the concepts for EVM described in the Practice Standard for Earned Value Management and includes enhanced project delivery information, by integrating concepts and practices from the PMBOK® Guide – Sixth Edition and The Agile Practice Guide. A central theme in this standard is the recognition that the definition for value in EVM has expanded. While the term retains its traditional definition in terms of project cost, it embraces current practice by including the concept of earned schedule. This standard also integrates hybrid methodologies that blend together historical EVM concepts with the needs of the agile practitioner, all with an eye towards aiding the project team in enhancing overall project delivery. This standard is a useful tool for experienced project management practitioners who are seeking to expand and update their knowledge of the field as well as less experienced practitioners who want to learn other approaches for managing project performance. It provides insight and detailed explanations of the basic elements and processes of EVM, and demonstrates how to scale EVM to fit varying project sizes and situations. This standard includes graphical examples and detailed explanations that will enable the reader to establish and implement EVM on projects in almost any environment and of almost every size. When used together with good project management principles, EVM methodology will provide a greater return on any project and results that will directly benefit your organization.

The AMA Handbook of Project Management

Author : Paul C. Dinsmore,Jeannette Cabanis-Brewin
Publisher : AMACOM
Page : 625 pages
File Size : 46,8 Mb
Release : 2018-11-13
Category : Business & Economics
ISBN : 9780814438671

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The AMA Handbook of Project Management by Paul C. Dinsmore,Jeannette Cabanis-Brewin Pdf

This book is an essential resource that presents a state-of-the-art theory and process of project management. Packed with essays and insights from the field's top professionals,?this authoritative guide?is the resource professionals and students rely on for its practical guidance and big picture overview of the entire field: scheduling and budgeting, engaging stakeholders, measuring performance, managing multiple projects, resolving conflicts, using agile practices, and more. Whether you need advice keeping projects on track or help preparing for certification, this new edition explains every principle, process, and development. Revised to reflect the latest changes to A Guide to the Project Management Body of Knowledge?(PMBOK®),?the fifth edition includes new information on how to: Close the strategy-implementation gap Tap the power of digital transformation Navigate M&A environments Revise your methods for nonprofit settings Keep pace with your evolving role Filled with models, case studies, and in-depth solutions, The AMA Handbook of Project Management helps you master the discipline, overcome obstacles, and fast track your projects and career.

Cost and Value Management in Projects

Author : Ray R. Venkataraman,Jeffrey K. Pinto
Publisher : John Wiley & Sons
Page : 405 pages
File Size : 51,5 Mb
Release : 2023-03-03
Category : Business & Economics
ISBN : 9781119933564

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Cost and Value Management in Projects by Ray R. Venkataraman,Jeffrey K. Pinto Pdf

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 Project Management Procedures

Author : Albert Hamilton
Publisher : Thomas Telford
Page : 406 pages
File Size : 53,8 Mb
Release : 2004-03
Category : Business & Economics
ISBN : 0727732587

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Handbook of Project Management Procedures by Albert Hamilton Pdf

This definitive guide presents a comprehensive set of step-by-step best practice procedures for managing any type of project from concept to completion. It is not academic, it is not of a general nature, but provides working standards and practices in the recognised project management areas.

Integrated Project Management and Control

Author : Mario Vanhoucke
Publisher : Springer
Page : 141 pages
File Size : 55,9 Mb
Release : 2014-07-08
Category : Business & Economics
ISBN : 9783319043319

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Integrated Project Management and Control by Mario Vanhoucke Pdf

This book presents an integrated approach to monitoring projects in progress using Earned Value and Earned Schedule Management combined with Schedule Risk Analysis. Monitoring and controlling projects involves processes for identifying potential problems in a timely manner. When necessary, corrective actions can be taken to exploit project opportunities or to get faltering projects back on track. The prerequisite is that project performance is observed and measured regularly to identify variances from the project baseline schedule. Therefore, monitoring the performance of projects in progress requires a set of tools and techniques that should ideally be combined into a single integrated system. The book offers a valuable resource for anyone who wants to understand the theory first and then to use it in practice with software tools. It is intended for students, professionals and academics with an interest and/or experience in running projects as well as for newcomers in the area of project control with a basic grasp of the Earned Value, Earned Schedule and Schedule Risk Analysis concepts.

A Practical Guide to Earned Value Project Management

Author : Charles I. Budd PMP,Charlene M. Budd PhD, CPA, CMA, CFM, PMP
Publisher : Berrett-Koehler Publishers
Page : 430 pages
File Size : 48,9 Mb
Release : 2009-10-01
Category : Business & Economics
ISBN : 9781567263374

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A Practical Guide to Earned Value Project Management by Charles I. Budd PMP,Charlene M. Budd PhD, CPA, CMA, CFM, PMP Pdf

The Best Resource on Earned Value Management Just Got Better! This completely revised and updated guide to earned value (EV) project management is the go-to choice for both corporate and government professionals. A Practical Guide to Earned Value Project Management, Second Edition, first offers a general overview of basic project management best practices and then delves into detailed information on EV metrics and criteria, EV reporting mechanisms, and the 32 criteria of earned value management systems (EVMS) promulgated by the American National Standards Institute and the Electronic Industries Alliance and adopted by the Department of Defense. This second edition includes new material on: • EV metrics • Implementing EVMS • Government contracts • Time-based earned schedule metrics • Critical chain methodologies

Earned Value Project Management

Author : Quentin W. Fleming,Joel M. Koppelman
Publisher : Unknown
Page : 232 pages
File Size : 52,7 Mb
Release : 2000
Category : Business & Economics
ISBN : PSU:000050041176

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Earned Value Project Management by Quentin W. Fleming,Joel M. Koppelman Pdf

Earned value is a project management technique that is emerging as a valuable tool in the management of all projects, including and, in particular, software projects. In its most simple form, earned value equates to fundamental project management. This is not a new book, but rather it is an updated book. Authors Quentin Fleming and Joel Koppelman have made some important additions. In many cases, there will be no changes to a given section. But in other sections, the authors have made substantial revisions to what they had described in the first edition. Fleming and Koppelman's goal remains the same with this update; describe earned value project management in its most fundamental form, for application to all projects, of any size or complexity. Writing in an easy-to-read, friendly, and humorous style characteristic of the best teachers, Fleming and Koppelman have identified the minimum requirements that they feel are necessary to use earned value as a simple tool for project managers. They have also witnessed the use of simple earned value on software projects, and find it particularly exciting. Realistically, a Cost Performance Index (CPI) is the same whether the project is a multibillion-dollar high-technology project, or a simple one hundred thousand-dollar software project. A CPI is a CPI ... period. It is a solid metric that reflects the health of the project. In every chapter, Fleming and Koppelman stick with using simple stories to define their central concept. Their project examples range from peeling potatoes to building a house. Examples are in rounc numbers, and most formulas get no more complicated than one number divided by another. Earned Value ProjectManagement--second edition may be the best-written, most easily understood project management book on the market today. Project managers will welcome this fresh translation of jargon into ordinary English. The authors have mastered a unique early-warning signal of impending cost problems in time for the project manager to react.

A Comprehensive Guide to Project Management Schedule and Cost Control

Author : Randal Wilson
Publisher : Pearson Education
Page : 288 pages
File Size : 54,6 Mb
Release : 2014-03-21
Category : Business & Economics
ISBN : 9780133573121

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A Comprehensive Guide to Project Management Schedule and Cost Control by Randal Wilson Pdf

Master all the modern project scheduling and cost control techniques you need, in one focused tutorial! Randal Wilson's Project Schedule & Cost Control isn't your typical project management guide: it's 100% focused on the specific principles, techniques, and best-practice methodologies of scheduling and cost control. Wilson illuminates key issues through the extensive use of graphs, charts, case studies, and worked examples; and calls your attention to crucial issues that "generic" PM books ignore. Coverage includes: Project structures, including differences between projects and programs, and how those differences affect costing and scheduling Initiation: how projects start, how to develop project charters and stakeholder registers, and how to manage stakeholders Planning, in depth: what costs must be addressed, and what schedule constraints must be considered Project schedule analysis: activity definition, WBS, and work packages; activity sequencing and diagramming; proven methodologies for estimating resources and activity durations; and schedule development Project cost analysis: gathering and estimating all project costs, including labor, materials, vendor bids, subcontractors, contracts, equipment, facilities, and direct/indirect costs. Budgeting via top-down, bottom-up, and activity-based methods Project monitoring and control: earned value, tracking Gantt, S-Curves, performance reviews, milestone analysis, change control systems, estimate at completion, forecasting, and much more For both project management newcomers and working project managers who need to sharpen their skills

Project Management

Author : Jack R. Meredith,Samuel J. Mantel (Jr.)
Publisher : Unknown
Page : 792 pages
File Size : 45,5 Mb
Release : 1995
Category : Business & Economics
ISBN : UOM:39076002229016

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Project Management by Jack R. Meredith,Samuel J. Mantel (Jr.) Pdf

Today's organizations are moving toward the use of teams and groups to accomplish specific tasks more rapidly and at less cost. For the past 10 years this book has set the standard for establishing project management principles. This edition provides guidelines and tools to help managers of projects succeed. Emphasis is placed on project/team management techniques, rather than general management techniques. Critical aspects of project management are covered in detail, including available software packages, negotiation, project manager selection and project auditing and terminating.

Managing Projects as Investments

Author : Stephen A. Devaux
Publisher : CRC Press
Page : 260 pages
File Size : 55,9 Mb
Release : 2014-09-18
Category : Business & Economics
ISBN : 9781482212709

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Managing Projects as Investments by Stephen A. Devaux Pdf

Every project is an investment; however, traditional project management methodologies do not support assessment of the business value that enables senior management to maximize decision making. The next evolution in project management, therefore, will be to manage projects as investments. Managing Projects as Investments: Earned Value to Business Value provides tools and metrics to enable planning, measuring, evaluating, and optimizing projects. This book shifts the paradigm. It builds on traditional scope-cost-schedule tools, adding a critical new focus on the expected value of projects and programs. The enhancements in processes and metrics allow senior management and PMOs to guide the entire organization on the basis of business benefits, and to ensure that decisions ranging from project selection to resource assignment facilitate those goals. The author shows how framing projects as investments enables significant improvement in project performance. He provides metrics that allow you and your team to track and maximize performance based on ROI. Demonstrating the importance of recognizing an enabler project in a program, and why its value and cost of time are so great, the book provides the tools to determine right-sized staffing levels for project-driven organizations. It includes a comprehensive but easy-to-understand explanation of both basic and advanced earned value metrics, their shortcomings, and how they can be improved and shows you how to optimize contract terms on projects in a way that can avoid misaligned customer/contractor goals.