The Data Driven Project Manager

Author : Mario Vanhoucke
Publisher : Apress
Page : 164 pages
File Size : 53,5 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

Author : Harjit Singh
Publisher : FT Press
Page : 412 pages
File Size : 51,7 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

Author : OZHAN ATALI
Publisher : Wremia, Inc.
Page : 71 pages
File Size : 53,9 Mb
Release : 2020-03-31
Category : Business & Economics
ISBN : 9780578670300

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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 : Harjit Singh
Publisher : Unknown
Page : 128 pages
File Size : 45,8 Mb
Release : 2016
Category : Data mining
ISBN : 0134190505

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Project Management Analytics by Harjit Singh Pdf

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 : 42,5 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.

Author : Edward W. Merrow,Neeraj Nandurdikar
Publisher : John Wiley & Sons
Page : 261 pages
File Size : 49,9 Mb
Release : 2018-05-01
Category : Business & Economics
ISBN : 9781119382195

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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 : Kristian Bainey
Publisher : John Wiley & Sons
Page : 449 pages
File Size : 47,5 Mb
Release : 2024-04-02
Category : Business & Economics
ISBN : 9781394232222

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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 : 47,5 Mb
Release : 2011-08-17
Category : Technology & Engineering
ISBN : 9781118174425

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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 : Martin Treder
Publisher : Springer Nature
Page : 137 pages
File Size : 53,5 Mb
Release : 2019-10-18
Category : Computers
ISBN : 9783662603048

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Becoming a data-driven Organisation by Martin Treder Pdf

Data is the foundation of any current and future market transformation during this digital era. Companies are expected to adjust or to disappear. However, following assessments by Gartner and Forrester during the past two years, only a small fraction of all enterprises has adequately addressed the handling of data so far. Yet, more and more business leaders have become aware of the topic. They recognize the increasing relevance of data, and the need to act now. Those leaders will welcome this book as it guides them through the first steps in their journey towards a data-driven organisation. This book brings the topic of Data and its commercial usage to the attention of a broad range of business leaders. It encourages you to get engaged, by explaining in a non-technical way what data comprises, which opportunities wait to get discovered and, most importantly, how to prepare and launch the introduction of a Data Office in a company.

Author : Mario Vanhoucke
Publisher : Springer Nature
Page : 331 pages
File Size : 49,8 Mb
Release : 2023-07-04
Category : Business & Economics
ISBN : 9783031317859

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The Illusion of Control by Mario Vanhoucke Pdf

This book comprehensively assesses the growing importance of project data for project scheduling, risk analysis and control. It discusses the relevance of project data for both researchers and professionals, and illustrates why the collection, processing and use of such data is not as straightforward as most people think. The theme of this book is known in the literature as data-driven project management and includes the discussion of using computer algorithms, human intuition, and project data for managing projects under risk. The book reviews the basic components of data-driven project management by summarizing the current state-of-the-art methodologies, including the latest computer and machine learning algorithms and statistical methodologies, for project risk and control. It highlights the importance of artificial project data for academics, and describes the specific requirements such data must meet. In turn, the book discusses a wide variety of statistical methods available to generate these artificial data and shows how they have helped researchers to develop algorithms and tools to improve decision-making in project management. Moreover, it examines the relevance of project data from a professional standpoint and describes how professionals should collect empirical project data for better decision-making. Finally, the book introduces a new approach to data collection, generation, and analysis for creating project databases, making it relevant for academic researchers and professional project managers alike.

Author : Puja Bhatt,Aurn Singhal
Publisher : Project Management Institute
Page : 63 pages
File Size : 40,7 Mb
Release : 2017-03-27
Category : Business & Economics
ISBN : 9781628252392

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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.

Author : Alex Gorod,Leonie Hallo,Vernon Ireland,Indra Gunawan
Publisher : CRC Press
Page : 544 pages
File Size : 43,6 Mb
Release : 2019-10-30
Category : Business & Economics
ISBN : 9780429591228

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Evolving Toolbox for Complex Project Management by Alex Gorod,Leonie Hallo,Vernon Ireland,Indra Gunawan Pdf

This book enhances learning about complex project management principles and practices through the introduction and discussion of a portfolio of tools presented as an evolving toolbox. Throughout the book, industry practitioners examine the toolsets that are part of the toolbox to develop a broader understanding of complex project management challenges and the available tools to address them. This approach establishes a dynamic, structured platform for a comprehensive analysis and assessment of the modern, rapidly changing, multifaceted business environment to teach the next generation of project managers to successfully cope with the ever increasing complexity of the 21st century.

Author : Pedro Yobanis Piñero Pérez
Publisher : Springer Nature
Page : 365 pages
File Size : 50,5 Mb
Release : 2024-04-28
Category : Electronic
ISBN : 9783031504952

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Computational Intelligence in Engineering and Project Management by Pedro Yobanis Piñero Pérez Pdf

Author : Peter Taylor
Publisher : Routledge
Page : 140 pages
File Size : 52,8 Mb
Release : 2021-10-27
Category : Business & Economics
ISBN : 9781000464177

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AI and the Project Manager by Peter Taylor Pdf

Enabling project managers to adapt to the new technology of artificial intelligence, this first comprehensive book on the topic discusses how AI will reinvent the project world and allow project managers to focus on people. Studies show that by 2030, 80 percent of project management tasks, such as data collection, reporting, and predictive analysis, will be carried out by AI in a consistent and efficient manner. This book sets out to explore what this will mean for project managers around the world and equips them to embrace this technological advantage for greater project success. Filled with insights and examples from tech providers and project experts, this book is an invaluable resource for PMO leaders, change executives, project managers, programme managers, and portfolio managers. Anyone who is part of the global community of change and project leadership needs to accept and understand the fast- approaching AI technology, and this book shows how to use it to their advantage.

Author : Arun Singhal,Puja Bhatt
Publisher : Unknown
Page : 128 pages
File Size : 41,9 Mb
Release : 2017
Category : Project management
ISBN : 1523111593

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

9 Habits of Project Leaders is about transforming a good Project Manager to a great Project Leader by adding simple yet powerful habits to the project execution toolbox. Inside you'll learn the keys to influence and win over three different sets of stakeholders through the art of the "Triple-Win" model and business driven application of the nine habits. The authors break down the top common-sense habits that project managers can adopt to engage, energize, and inspire their teams.