Managing Projects as Investments: Earned Value to Business Value, 1st Edition (e-Book) book cover

Managing Projects as Investments

Earned Value to Business Value, 1st Edition

By Stephen A. Devaux

CRC Press

255 pages

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Hardback: 9781482212709
pub: 2014-09-18
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Description

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 V

Table of Contents

Introduction: "A Disgrace to the Human Race!" Earned Value: What It Is and What It Isn't. The Project as Investment. Planning the Project as Investment. Contracting and Controlling the Project as Investment. Projects within a Program. Managing the Investment at the Project Level. Managing Resources on the Critical Path. Postmortems and Lessons Learned. Selling the Investment Approach Internally. Conclusion.

About the Author

Stephen A. Devaux, PMP, MSPM, is president of Analytic Project Management (APM), a training and consulting company he founded in 1992. APM is a Global R.E.P. of the Project Management Institute (PMI). Their clients include BAE Systems, Siemens, Wells Fargo, Texas Instruments, Wyeth Pharmaceuticals, iRobot, L-3 Communications, American Power Conversion, Irving Oil, and Respironics.

Devaux is the author of the book, Total Project Control: A Manager's Guide to Integrated Project Planning, Measuring, and Tracking (1999, Wiley). He has worked to develop and use new approaches and metrics in project management with clients in a wide range of industries. ?When the DIPP Dips? was published in the Project Management Journal in 1992 (an article that was reprinted in PMI's Essentials of Project Control in 1999). He has contributed chapters on his new scheduling metric, critical path drag, in two 2013 books: Project Management in the Oil and Gas Industries and Handbook of Emergency Response. He has authored numerous articles and PMI webinars, and is a frequent speaker at PMI chapter meetings throughout the United States.

He began his career at Fidelity Investments, Citicorp, and the Federal Reserve Bank of Boston and then taught and consulted in project management at Project Software and Development, Inc. (PSDI). He has taught graduate project management courses at Suffolk University, Brandeis University, and The University of the West Indies/Barbados and in executive education programs at Bentley University and University of Massachusetts/Lowell. Born in Barbados, he has been living in the United States since 1964. He is a Vietnam veteran and a naturalized US citizen. He lives with his wife, Deborah, in Swampscott, Massachusetts.

Subject Categories

BISAC Subject Codes/Headings:
BUS101000
BUSINESS & ECONOMICS / Project Management
TEC009000
TECHNOLOGY & ENGINEERING / Engineering (General)
TEC029000
TECHNOLOGY & ENGINEERING / Operations Research