Project Management - Best Practices: Achieving Global Excellence

Author: Harold R. Kerzner
Publisher: John Wiley & Sons Inc
Category: Project Management, Engineering: General
Age Group: 15+
Book Format: Hardcover

Senior executives and project managers from more than 50 world-class companies offer their best practices for successful project management implementation The first two editions of the bestselling Project Management Best Practices helped project managers navigate the increasingly complex task of working within global corporations employing distant and diverse work teams. This new Third Edition includes the same valuable wealth of proven best practices, while following up on case studies from previous editions and offering new case studies on project management practices at large and small companies. The Third Edition offers insight from project managers and executives at more than fifty global companies in all sectors of the market. These industry-leading professionals offer insight and best practices for: Project risk management Project management for multinational cultures and cultural failures Focusing on value, as well as cost and schedule Integrated and virtual project teams Covering the latest developments in the project management field, Project Management Best Practices, Third Edition offers a must-have window into the issues and solutions facing corporate managers, project and team managers, engineers, project team members, and business consultants in today's global market.

Table Of Contents
Preface xiii

1 Understanding Best Practices 1


1.0 Introduction 1


1.1 Wartsila 2


1.2 Project Management Best Practices: 1945 1960 3


1.3 Project Management Best Practices: 1960 1985 5


1.4 Project Management Best Practices: 1985 2014 8


1.5 An Executive s View of Project Management 13


1.6 Best Practices Process 17


1.7 Step 1: Definition of a Best Practice 18


1.8 Step 2: Seeking Out Best Practices 22


1.9 Dashboards and Scorecards 33


1.10 Key Performance Indicators 36


1.11 Step 3: Validating the Best Practice 41


1.12 Step 4: Levels of Best Practices 44


1.13 Step 5: Management of Best Practices 46


1.14 Step 6: Revalidating Best Practices 46


1.15 Step 7: What to Do with a Best Practice 47


1.16 Step 8: Communicating Best Practices across the Company 48


1.17 Step 9: Ensuring Usage of the Best Practices 51


1.18 Common Beliefs 51


1.19 Best Practices Library 52


1.20 Hewlett-Packard: Best Practices in Action 54


1.21 DTE Energy 57


1.22 A Consultant s View of Project Management and Best Practices 61


2 From Best Practice to Migraine Headache 67


2.0 Introduction 67


2.1 Good Intentions Becoming Migraines 67


2.2 Enterprise Project Management Methodology Migraine 69


2.3 Customer Satisfaction Migraine 69


2.4 Migraine Resulting from Responding to Changing Customer Requirements 70


2.5 Reporting Level of the PMO Migraine 71


2.6 Cash Flow Dilemma Migraine 71


2.7 Scope Change Dilemma Migraine 72


2.8 Outsource or Not Migraine 73


2.9 Determining When to Cancel a Project Migraine 73


2.10 Providing Project Awards Migraine 74


2.11 Migraine from Having the Wrong Culture in Place 75


2.12 Migraines due to Politics 76


2.13 Migraines Caused by the Seven Deadly Sins 83


2.14 Sources of Smaller Migraines 94


2.15 Ten Uglies of Projects 97


References 105


3 Journey to Excellence 107


3.0 Introduction 107


3.1 Strategic Planning for Project Management 109


3.2 Hitachi Ltd. 118


3.3 KONE: The Project Management Challenge 130


3.4 The Light at the End of the Tunnel 133


3.5 Goodyear 136


3.6 Managing Assumptions 140


3.7 Managing Assumptions in Conservation Projects WWF International 140


3.8 Project Governance 142


3.9 Seven Fallacies That Delay Project Management Maturity 146


3.10 Motorola 148


3.11 Texas Instruments 149


3.12 Hewlett-Packard: Recognizing the Need 152


3.13 Hewlett-Packard: The Journey and the Obstacles 153


3.14 CooperStandard 160


3.15 Naviair: On Time on Budget 166


3.16 DTE Energy 175


3.17 Key Plastics 176


3.18 ILLUMINAT and the Strategic Business of Project Management 179


3.19 Avalon Power and Light 183


3.20 Roadway Express 184


3.21 Defcon Corporation 185


3.22 Kombs Engineering 187


3.23 Williams Machine Tool Company 188


4 Project Management Methodologies 191


4.0 Introduction 191


4.1 Excellence Defined 192


4.2 Recognizing the Need for Methodology Development 196


4.3 Enterprise Project Management Methodologies 199


4.4 Benefits of a Standard Methodology 204


4.5 Critical Components 205


4.6 SAP 207


4.7 Cassidian: Integrated Multilevel Schedules 211


4.8 Tecnicas Reunidas 213


4.9 Teradyne: From Myth to Reality 220


4.10 Slalom Consulting: Project Management Functions 224


4.11 Slalom Consulting: Replacing Methodologies with Frameworks 226


4.12 Life-Cycle Phases 228


4.13 Expanding Life-Cycle Phases 230


4.14 Churchill Downs, Incorporated 230


4.15 Indra: The Need for a Methodology 232


4.16 Implementing the Methodology 233


4.17 Implementation Blunders 235


4.18 Overcoming Development and Implementation Barriers 235


4.19 Project Management Tools 236


4.20 Wartsila: Recognizing the Need for Supporting Tools 242


4.21 Tech Mahindra Limited: Project Process Monitoring 244


4.22 Tech Mahindra Limited: Customer Delight Index for Projects 247


4.23 General Motors Powertrain Group 251


4.24 Ericsson Telecom AB 252


4.25 Indra: Closing the Project 255


4.26 Repsol: The Repsol E&P GIP (c) Methodology The Project Quality Management Process Applied to Decision Making 258


4.27 Rockwell Automation: Quest for a Common Process 266


4.28 Sherwin-Williams 271


4.29 Medical Mutual 275


4.30 Holcim 278


4.31 Westfield Group 281


4.32 Hewlett-Packard 284


4.33 DTE Energy 286


4.34 ALSTOM 293


4.35 Cassidian: Golden Rules in Project Management 297


4.36 When Traditional Methodologies May Not Work 299


5 Integrated Processes 303


5.0 Introduction 303


5.1 Understanding Integrated Management Processes 304


5.2 Evolution of Complementary Project Management Processes 305


5.3 Zurich America Insurance Company 309


5.4 Total Quality Management 310


5.5 Concurrent Engineering 315


5.6 Risk Management 315


5.7 Wartsila: The Need for Proactive Risk Management 318


5.8 ILLUMINAT: Effective Risk Management 321


5.9 Indra: When a Risk Becomes Reality (Issue Management) 325


5.10 The Failure of Risk Management 327


5.11 Defining Maturity Using Risk Management 328


5.12 Boeing Aircraft Company 329


5.13 Change Management 330


5.14 Other Management Processes 331


5.15 Hewlett-Packard 331


5.16 Earned-Value Measurement 333


5.17 DTE Energy 333


6 Culture 335


6.0 Introduction 335


6.1 Creation of a Corporate Culture 336


6.2 Corporate Values 338


6.3 Types of Cultures 338


6.4 Corporate Cultures at Work 340


6.5 Indra: Building a Cohesive Culture 343


6.6 maxIT-VCS 346


6.7 DFCU Financial 348


6.8 Illuminat (Trinidad & Tobago) Limited 363


6.9 DTE Energy 365


6.10 Hewlett-Packard 366


6.11 Barriers to Implementing Project Management in Emerging Markets 367


7 Management Support 375


7.0 Introduction 375


7.1 Visible Support from Senior Managers 375


7.2 Project Sponsorship 376


7.3 Excellence in Project Sponsorship 380


7.4 Hewlett-Packard Sponsorship in Action 381


7.5 Zurich America Insurance Company: Improving Stakeholder Engagement 382


7.6 Project Governance 383


7.7 Tokio Marine: Excellence in Project Governance 385


7.8 Empowerment of Project Managers 391


7.9 Management Support at Work 392


7.10 Getting Line Management Support 395


7.11 DTE Energy 396


7.12 Initiation Champions and Exit Champions 397


8 Training and Education 401


8.0 Introduction 401


8.1 Training for Modern Project Management 401


8.2 Need for Business Education 403


8.3 SAP: Importance of a Project Management Career Path 404


8.4 International Institute for Learning 406


8.5 Identifying the Need for Training 410


8.6 Selecting Students 411


8.7 Fundamentals of Project Management Education 411


8.8 Some Changes in Project Management Education 412


8.9 Designing Courses and Conducting Training 414


8.10 Measuring the Return on Investment on Education 416


8.11 Project Management Is Now a Profession 416


8.12 Competency Models 419


8.13 Harris Corporation 429


8.14 Alcatel-Lucent: Recognizing the Value of a PMP 434


8.15 Integrated Project Management at Tech Mahindra Limited 436


8.16 Hewlett-Packard 439


9 Informal Project Management 441


9.0 Introduction 441


9.1 Informal versus Formal Project Management 441


9.2 Trust 444


9.3 Communication 445


9.4 Cooperation 447


9.5 Teamwork 447


9.6 Color-Coded Status Reporting 448


9.7 Crisis Dashboards 449


9.8 Informal Project Management at Work 452


10 Behavioral Excellence 455


10.0 Introduction 455


10.1 Situational Leadership 455


10.2 Conflict Resolution 458


10.3 Staffing for Excellence 460


10.4 Virtual Project Teams 462


10.5 Rewarding Project Teams 464


10.6 Keys to Behavioral Excellence 467


10.7 Proactive versus Reactive Management 470


11 Measuring Return on Investment on Project Management Training Dollars 475


11.0 Introduction 475


11.1 Project Management Benefits 476


11.2 Growth of ROI Modeling 477


11.3 The ROI Model 478


11.4 Planning Life-Cycle Phase 479


11.5 Data Collection Life-Cycle Phase 480


11.6 Data Analysis Life-Cycle Phase 483


11.7 Reporting Life-Cycle Phase 487


11.8 Conclusions 487


12 The Project Office 489


12.0 Introduction 489


12.1 Boeing 492


12.2 Philips Healthcare Software Customer Services 493


12.3 maxIT-VCS 500


12.4 Aviva 502


12.5 Churchill Downs Incorporated (CDI): Establishing a PMO 517


12.6 Churchill Downs Incorporated (CDI): Managing Scope Changes 518


12.7 Types of Project Offices 522


12.8 Dell Inc. 523


12.9 Computer Sciences Corporation (CSC) 532


12.10 Slalom Consulting: Understanding the Nature of a PMO 538


12.11 DTE Energy 546


12.12 Chubb 547


12.13 Hewlett-Packard 548


12.14 Star Alliance 550


12.15 Project Audits and the PMO 552


12.16 Project Health Checks 555


12.17 PMO of the Year Award 557


13 Six Sigma and the Project Management Office 565


13.0 Introduction 565


13.1 Project Management Six Sigma Relationship 565


13.2 Involving the PMO 568


13.3 Traditional versus Nontraditional Six Sigma 568


13.4 Understanding Six Sigma 571


13.5 Six Sigma Myths 573


13.6 Use of Assessments 575


13.7 Project Selection 577


13.8 Typical PMO Six Sigma Projects 579


14 Project Portfolio Management 581


14.0 Introduction 581


14.1 Why Use Portfolio Management? 582


14.2 Involvement of Senior Management, Stakeholders, and the PMO 583


14.3 Project Selection Obstacles 588


14.4 Identification of Projects 588


14.5 Preliminary Evaluation 592


14.6 Strategic Selection of Projects 593


14.7 Strategic Timing 596


14.8 Analyzing the Portfolio 596


14.9 Problems with Meeting Expectations 599


14.10 Portfolio Management at Rockwell Automation 601


14.11 World Wildlife Fund (WWF) 602


15 Global Project Management Excellence 607


15.0 Introduction 607


15.1 IBM 608


15.2 Computer Associates Technologies (CA): Successful Project Delivery and Management 634


15.3 Microsoft Corporation 647


15.4 Deloitte: Enterprise Program Management 659


15.5 COMAU 680


15.6 Fluor Corporation: Knowledge Management for Project Execution 692


15.7 Siemens PLM Software: Developing a Global Project Management Methodology 705


16 Value-Driven Project Management 713


16.0 Introduction 713


16.1 Value over the Years 714


16.2 Values and Leadership 717


17 Effect of Mergers and Acquisitions on Project Management 731


17.0 Introduction 731


17.1 Planning for Growth 731


17.2 Project Management Value-Added Chain 732


17.3 Preacquisition Decision Making 735


17.4 Landlords and Tenants 740


17.5 Best Practices: Case Study on Johnson Controls, Inc. 741


17.6 Integration Results 745


17.7 Value Chain Strategies 747


17.8 Failure and Restructuring 749


Index 751
About Harold Kerzner
HAROLD KERZNER, Ph. D. is a global leader in project management and Senior Executive Director at International Institute for Learning, Inc. Dr. Kerzner has instructed over 200,000 professionals in his successful Kerzner Approach to project management excellence. The Kerzner Scholarship Endowment Fund and the Kerzner Project Management Award are managed by the PMI Educational Foundation.

(BK-9781118657010)

SKU BK-9781118657010
Barcode # 9781118657010
Brand John Wiley & Sons Inc
Artist / Author Harold R. Kerzner
Shipping Weight 1.2500kg
Shipping Width 0.200m
Shipping Height 0.030m
Shipping Length 0.250m
Assembled Length 20.000m
Assembled Height 25.000m
Assembled Width 3.000m
Type Hardcover

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