Preface xv
1 The Growth of Project Management 1
1.0 Introduction 1
1.1 Understanding Project Management 1
1.2 Resistance to Change 4
1.3 Strategic Imperatives for Project Management 9
1.4 Project Management Life Cycle 13
1.5 Excellence in Project Management 16
1.6 Selection of Companies as Examples 18
Multiple Choice Questions 22
Discussion Questions 25
Crossword 27
2 Success, Maturity, And Excellence: Definitions 29
2.0 Introduction 29
2.1 Early Definitions of Success 29
2.2 Modern Definitions of Success 30
2.3 Project Management Maturity 34
2.4 Critical Success Factors in Project Management 42
2.5 Definition of Excellence 43
2.6 Best Practices in Project Management 46
2.7 A Structured Approach 46
2.8 Myths 56
Multiple Choice Questions 57
Discussion Questions 60
Crossword 61
3 The Driving Forces for Maturity 63
3.0 Introduction 63
3.1 Capital Projects 64
3.2 Customers' Expectations 65
3.3 Competitiveness 73
3.4 Executive Managers' Buy-In 75
3.5 New Product Development 79
3.6 Efficiency and Effectiveness 81
3.7 Company Survival 83
3.8 Other Driving Forces 88
Multiple Choice Questions 88
Discussion Questions 92
Crossword 93
4 Project Management Methodologies 95
4.0 Introduction 95
4.1 Examples of Methodology Development 96
4.2 Overcoming Development and Implementation Barriers 105
4.3 Critical Components 114
4.4 Benefits of a Standard Methodology 124
4.5 Implementing the Methodology 132
4.6 Project Management Tools 142
Multiple Choice Questions 147
Discussion Questions 150
Crossword 151
5 Strategic Planning for Excellence in Project Management 153
5.0 Introduction 153
5.1 Influence of Economic Conditions 153
5.2 What Is General Strategic Planning? 156
5.3 What Is Strategic Planning for Project Management? 157
5.4 Critical Success Factors for Strategic Planning 163
5.5 Identifying Strategic Resources 171
5.6 Strategic Selection of Projects 175
5.7 Horizontal Accounting 179
5.8 Continuous Improvement 181
5.9 Why Does Strategic Planning for Project Management Fail? 186
5.10 Strategic Planning in Action 188
5.11 Organizational Restructuring 191
5.12 Career Planning 192
5.13 The Project Management Maturity Model 193
5.14 How to Conduct a PM Maturity Assessment 197
Multiple Choice Questions 208
Discussion Questions 211
Crossword 213
6 The Maturity of Modern Project Management 215
6.0 Introduction 215
6.1 Classification of Changes 215
6.2 Classification of Companies 217
6.3 Recessionary Effects 219
6.4 Global Pressures 220
6.5 Concurrent Engineering 222
6.6 Project Objectives 224
6.7 Definition of Success 225
6.8 Velocity of Change 226
6.9 Management Style 227
6.10 Authority and Job Descriptions 228
6.11 Evaluation of Team Members 229
6.12 Accountability 230
6.13 Project Management Skills 231
6.14 Planning Hours/Dollars 234
6.15 Education and Training 235
6.16 Project Sponsorship 236
6.17 Project Failures 237
6.18 Maturity and Immaturity 238
Multiple Choice Questions 239
Discussion Questions 242
Crossword 243
7 Project Portfolio Management 245
7.0 Introduction 245
7.1 Involvement of Senior Management and Stakeholders 246
7.2 Project Selection Obstacles 248
7.3 Identification of Projects 249
7.4 Preliminary Evaluaiton 253
7.5 Strategic Selection of Projects 254
7.6 Strategic Timing 257
7.7 Analyzing the
