Download or read book Mastering Project Uncertainty written by Paul W.M Cuypers and published by Taylor & Francis. This book was released on 2023-12-22 with total page 205 pages. Available in PDF, EPUB and Kindle. Book excerpt: Uncertainty permeates every thinkable aspect of project work and mastering information awareness and availability is the key to controlling benefits, budgets, and timelines. This book offers a theoretical framework and practical guidelines to systematically minimize uncertainty, thereby increasing the chances of project success. To paraphrase Henry Ford, transitioning from traditional risk management to mastering project uncertainty implies abandoning the quest for faster horses in favor of driving cars toward your project’s destination. This book presents the road map to this transition, with Part I providing a theoretical foundation for uncertainty management using systems thinking. Part II introduces strategies supported by practical techniques to master uncertainty through: 1. Raising information awareness 2. Increasing information availability 3. Improving the effective use of information 4. Maximizing information efficiency. This book’s combined theoretical and highly practical approach, is essential reading for scholars, academics, business leaders, project managers, strategists, and policymakers to bring the organization’s vision for a sustainable future to life.

Download or read book Mastering Project Uncertainty written by Paul W. M. Cuypers and published by . This book was released on 2024 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Uncertainty permeates every thinkable aspect of project work, so mastering it is the key to controlling benefits, budgets, and timelines. This book offers a theoretical framework and practical guidelines to systematically minimize uncertainty and increase the chances of project success. To paraphrase Henry Ford, transitioning from traditional risk management to mastering project uncertainty implies abandoning the quest for faster horses in favour of driving cars toward your project goals. This book is the roadmap to this transition, with Part One providing a theoretical foundation using systems thinking. Part Two introduces basic strategies supported by practical tools and techniques to master uncertainty through: 1. Raising information awareness 2. Increasing information availability 3. Improving the effective use of information 4. Maximizing information efficiency. This book's highly practical approach, offering techniques that can be applied the next day on the shop floor, will be an essential tool for leaders, project managers, strategists, and policymakers to bring any organization's sustainable vision for the future to life"--

Download or read book Mastering Project Management written by James P. Lewis and published by Irwin Professional Publishing. This book was released on 1998 with total page 344 pages. Available in PDF, EPUB and Kindle. Book excerpt: Dr. Lewis's book details the finer points of project management success, including: Systems Thinking - Instead of the commonly held linear causal thinking (A causes B), learn how to review the entire picture (A causes B causes A causes ...); Scheduling Uncertainty - Discover how to keep projects on track, even when new developments and out-comes require sudden changes in direction; Managing Quality - Guarantee that performance (quality of work done) receives the same attention given to the cost, time, and scope of a project; Improving Project Management Processes - Practice strategies to continually review and improve processes, avoiding the danger of comfort and complacency; and Power and Politics - Acknowledge the existence of politics, and develop positive political skills to support your projects.

Download or read book Mastering Uncertainty in Mechanical Engineering written by Peter F. Pelz and published by Springer Nature. This book was released on 2021-10-11 with total page 483 pages. Available in PDF, EPUB and Kindle. Book excerpt: This open access book reports on innovative methods, technologies and strategies for mastering uncertainty in technical systems. Despite the fact that current research on uncertainty is mainly focusing on uncertainty quantification and analysis, this book gives emphasis to innovative ways to master uncertainty in engineering design, production and product usage alike. It gathers authoritative contributions by more than 30 scientists reporting on years of research in the areas of engineering, applied mathematics and law, thus offering a timely, comprehensive and multidisciplinary account of theories and methods for quantifying data, model and structural uncertainty, and of fundamental strategies for mastering uncertainty. It covers key concepts such as robustness, flexibility and resilience in detail. All the described methods, technologies and strategies have been validated with the help of three technical systems, i.e. the Modular Active Spring-Damper System, the Active Air Spring and the 3D Servo Press, which have been in turn developed and tested during more than ten years of cooperative research. Overall, this book offers a timely, practice-oriented reference guide to graduate students, researchers and professionals dealing with uncertainty in the broad field of mechanical engineering.

Download or read book Managing Project Uncertainty written by David Cleden and published by Routledge. This book was released on 2017-03-02 with total page 131 pages. Available in PDF, EPUB and Kindle. Book excerpt: Dealing effectively with uncertainty requires today's project manager to be familiar with a broad spectrum of strategies, encompassing both 'hard' and 'soft' methods. This theme of unified thinking (i.e. the need to selectively draw upon a wide range of strategies in any given situation) will differentiate the book from its contemporaries. By picking up where traditional risk management techniques begin to fail, it brings together leading-edge thinking from a variety of disciplines and shows how these techniques can be used to conquer uncertainty in projects. The ability to make good decisions when faced with uncertainty is the real challenge. It is a universal truth that a decision is only as good as the information it is based on. But good information is often hard to come by, and all projects are vulnerable to the unknown and the unknowable. Thus, uncertainty becomes the sworn enemy of the project manager. Wherever we try to analyse, quantify, plan and act, uncertainty lies in wait to surprise us with its ambiguity and unpredictability. It lurks in every stage of the project lifecycle: in the planning (how long will this really take?), the initiation (this isn't the situation I expected!), the execution (who could have foreseen that happening?), and even the completion of a project (where are the expected benefits?). But managing uncertainty is a lot more than just applying risk management techniques. It requires a deep appreciation of how uncertainty arises and, by recognising its different guises, the appropriate strategies can be formulated. If we can learn how to reduce uncertainty, we can make better management decisions and increase the chances of the project succeeding. This book addresses five key questions: ¢ Why is there uncertainty in projects? ¢ How do you spot the symptoms of uncertainty, preferably at an early stage? ¢ What can be done to avoid uncertainty? ¢ What strategies can be used to deal with project uncertainty? ¢ How can both the individual and the organisation learn to cope more effectively in the future? The reader is assumed to be a either a project management professional, or a senior manager looking for ways to improve project management strategy within their organisation. As such, a foundation in project management basics is assumed, although not essential. The book then builds on this by exposing new ideas and concepts, and shows how these can be harnessed to tackle uncertainty in its many guises.

Download or read book Mastering Project Management written by Rupal Jain and published by Business Expert Press. This book was released on 2024-08-28 with total page 182 pages. Available in PDF, EPUB and Kindle. Book excerpt: In today's rapidly evolving professional landscape, mastering project management is paramount to achieving success. This book will meet the demand for a comprehensive resource that supports practical application and facilitates exam readiness. Tailored for current and aspiring project managers across various industries and disciplines, it equips readers with transferable skills applicable worldwide. Embracing a holistic approach, the book delves into essential technical and managerial processes, fostering proficiency in management and leadership skills. Moreover, it serves as a valuable guide for navigating challenging certification exams like the PMP. The content is presented concisely, minimizing the need for frequent glossary references, and includes practical tips for addressing complex questions. Designed to facilitate efficient study, the book utilizes concise table formats and promotes SMART learning techniques. Grounded in the PMBOK Guide and enriched with Agile principles, it offers a comprehensive yet succinct exploration of crucial topics. May this book serve as a trusted companion on your journey to professional excellence–empowering you to achieve your goals with clarity, agility, and unwavering determination.

Download or read book Mastering Project Discovery written by Elliot Bendoly and published by Taylor & Francis. This book was released on 2024-04-11 with total page 183 pages. Available in PDF, EPUB and Kindle. Book excerpt: Introducing a comprehensive approach to invigorate project leadership, this book provides a framework – the OUtCoMES Cycle – for developing, managing, advancing, and optimizing engineering and analytics projects. All too often, issues of moral hazard and completion bias prevent engineering and analytics managers and team leaders from asking the critical question 'What’s the problem?', before committing time, energy, and resources to solve it. This book draws attention to the definition, structuring, option consideration and ultimately the addressing of the right problems, exploring the OUtCoMES Cycle framework that facilitates and energizes systematic thinking, knowledge sharing, and on-the-fly adjustment with an explicit focus on the maximization of value and ROI. Each chapter includes discussions and lessons in analytical and engineering problem identification, problem structuring, iterative problem development (mental and computational) and problem resolution, at least three embedded real-world case studies, and a closing 'Practitioner’s Recap' to contextualize key chapter takeaways. Written by a team of established academic scholars and practicing analysts and engineers, this is an accessible and culture-shifting action guide for instructors interested in training the next generation of project and analytics leaders, students of analytics and engineering, as well as practicing project leaders and principals.

Download or read book Mastering Project Portfolio Management written by Michael J. Bible and published by J. Ross Publishing. This book was released on 2011-09-15 with total page 361 pages. Available in PDF, EPUB and Kindle. Book excerpt: This unique text provides a holistic systems approach to project portfolio management which includes people, processes, tools, and techniques that work synergistically to produce portfolio decisions with the best chance of success. Accompanied by decision support software and advanced decision making techniques, it guides readers step-by-step through the entire project portfolio management process. This professional guide is also ideal for executive continuing education programs, and as a primary text for graduate level academic courses.

Download or read book Mastering Risk Modelling written by Alastair L. Day and published by Financial Times/Prentice Hall. This book was released on 2003 with total page 418 pages. Available in PDF, EPUB and Kindle. Book excerpt: Risk modeling is now a core skill for successful managers inside and outside finance. Alastair Day's "Mastering Risk Modelling" shows managers exactly how to build Excel-based models for identifying, quantifying and managing risk--models that provide clear, accurate decision-making guidance that can be used with confidence throughout the enterprise. An ideal follow-up to Day's bestselling "Mastering Financial Modelling," the book brings together risk modeling theory and practice more effectively than ever before. Day presents extensive tips and methods for developing Excel-based risk applications--including practical guidance on designing models and layering complexity on top of basic models. His series of Excel templates will jumpstart your own modeling, eliminate the need to start from scratch, and provide powerful insights for improving any model. All models are provided on an accompanying CD-ROM.

Download or read book Mastering Project Leadership written by Pedro Serrador and published by CRC Press. This book was released on 2024-08-21 with total page 135 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is a collection of essays from key researchers in the field of project management who describe what they feel are the most impactful findings from research. In the challenging and competitive world of project management, project managers need all the insight they can get. Leading researchers share what they believe are the most important findings from the research being done today. These cover pressing topics confronting project managers, including hybrid methodologies, schedule overruns, schedule estimation, project efficiency, and managing local stakeholders. Highlights include the following: Jeff Pinto and Kate Davis explore the “Normalization of Deviance” (NoD) phenomenon within various organizational settings, focusing on projects. NoD involves the gradual acceptance of deviant practices, diverging from established norms, and often leading to detrimental outcomes. Francesco Di Maddaloni investigates how local communities’ stakeholders are perceived, identified, and categorized by project managers in major public infrastructure and construction projects (MPIC). His chapter helps project managers to have a better understanding of a more inclusive and holistic approach to engage with a broader range of stakeholders. Lavagnon Ika, Peter Love, and Jeff Pinto suggest that error and bias combine to exact a toll on major projects, offer theoretical insights, and outline practical recommendations for project managers. Jonas Söderlund offers managerial guidelines for leveraging deadlines as powerful tools for generating project success. Pedro M. Serrado looks at empirical studies that link planning quality to project success, emphasizing its importance. He also discusses the downsides of excessive planning, particularly in dynamic environments and research and development projects.

Download or read book Mastering Project Management Strategy and Processes written by Randal Wilson and published by Pearson Education. This book was released on 2015 with total page 269 pages. Available in PDF, EPUB and Kindle. Book excerpt: Mastering Project Management Strategy and Processes gives managers powerful insights and tools for structuring and managing any project based on business strategy and how that project will be used. Starting with project objectives, it demonstrates how to establish processes that optimally group actions at each stage of the project lifecycle - thereby maximizing the likelihood of success. This bookis part of a new series of six cutting-edge project management guides for both working practitioners and students. Like all books in this series, it offers deep practical insight into the successful design, management, and control of complex modern projects. Using real case studies and proven applications, expert authors show how multiple functions and disciplines can and must be integrated to achieve a successful outcome. Individually, these books focus on realistic, actionable solutions, not theory. Together, they provide comprehensive guidance for working project managers at all levels, as well as indispensable knowledge for anyone pursuing professional certification or other accreditation in the field.

Download or read book Risk Uncertainty and Profit written by Frank H. Knight and published by Cosimo, Inc.. This book was released on 2006-11-01 with total page 401 pages. Available in PDF, EPUB and Kindle. Book excerpt: A timeless classic of economic theory that remains fascinating and pertinent today, this is Frank Knight's famous explanation of why perfect competition cannot eliminate profits, the important differences between "risk" and "uncertainty," and the vital role of the entrepreneur in profitmaking. Based on Knight's PhD dissertation, this 1921 work, balancing theory with fact to come to stunning insights, is a distinct pleasure to read. FRANK H. KNIGHT (1885-1972) is considered by some the greatest American scholar of economics of the 20th century. An economics professor at the University of Chicago from 1927 until 1955, he was one of the founders of the Chicago school of economics, which influenced Milton Friedman and George Stigler.

Download or read book Mastering Project Finance A Comprehensive Guide for Professionals written by Dr. Aanchal Tyagi and published by kitab writing publication. This book was released on 2024-05-30 with total page 322 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book titled “Mastering Project Finance: A Comprehensive Guide for Professionals” delves into the specialized field of project finance modeling. Unlike traditional corporate finance, which considers the creditworthiness of an entire company, project finance focuses on the standalone financials of specific ventures. The book covers essential components such as revenue projections, operating expenses, financing structures, taxation, and cash flow analysis. It serves as a valuable resource for professionals seeking to assess the financial viability and risk profiles of complex infrastructure and investment projects.

Download or read book Mastering Uncertainty The 3 Strategies You Need To Know written by Keith Bickel and published by Keith Bickel. This book was released on 2011 with total page 138 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Mastering Project Program and Portfolio Management written by Gary Lister and published by Pearson Education. This book was released on 2014 with total page 209 pages. Available in PDF, EPUB and Kindle. Book excerpt: Learn powerful techniques for successfully managing modern projects, programs, and portfolios in any environment, no matter how complex. Mastering Project, Program, and Portfolio Management addresses several make-or-break issues associated with successful project management: organizational structure, linkages between project management and operations, and definitions and interrelationships amongst projects, programs and portfolios. Unlike other books, which address these issues only in passing, this book drills down to offer practical, real-world concepts, in-the-trenches insights, and proven applications. You'll learn how to: Plan projects and strategies to reflect your organization's needs and structures Develop and implement a successful Project Management Office (PMO) Organize projects, programs, and portfolios Systematically maximize the business value of project management This book is part of a new series of six cutting-edge project management guides for both working practitioners and students. Like all books in this series, it offers deep practical insight into the successful design, management, and control of complex modern projects. Using real case studies and proven applications, expert authors show how multiple functions and disciplines can and must be integrated to achieve a successful outcome. Individually, these books focus on realistic, actionable solutions, not theory. Together, they provide comprehensive guidance for working project managers at all levels, as well as indispensable knowledge for anyone pursuing PMI/PMBOK certification or other accreditation in the field.

Download or read book Mastering Risk and Procurement in Project Management written by Randal Wilson and published by Pearson Education. This book was released on 2015 with total page 289 pages. Available in PDF, EPUB and Kindle. Book excerpt: Effective risk management and procurement are crucial to project success. Unfortunately, many managers have spent relatively little time mastering these essential elements of the project management discipline, and many books on the subject treat these issues only lightly, if at all. In Mastering Risk and Procurement in Project Management, expert project manager and seasoned professor Randal Wilson focuses specifically on these essential techniques. Wilson addresses every stage of the project where risk management and procurement are relevant, especially planning, monitoring, and control. Teaching through the use of relevant examples and case studies, Wilson explains why risk management and procurement are so important to project success, illuminates the deep linkages amongst these tasks, shows how to avoid common pitfalls, and introduces best practice methodologies for integrating them throughout your business processes. Drawing on his own extensive experience, he offers in-depth coverage of topics ranging from contracting and risk monitoring to project close-out, and gives readers practical knowledge of critical processes and tasks in project management.

Download or read book Mastering Project Time Management Cost Control and Quality Management written by Randal Wilson and published by FT Press. This book was released on 2015-04-23 with total page 524 pages. Available in PDF, EPUB and Kindle. Book excerpt: Mastering Project Time Management, Cost Control, and Quality Management gives managers powerful insights and tools for addressing the "Triple Constraints" that define virtually every project: time, cost, and quality. This book is part of a new series of seven cutting-edge project management guides for both working practitioners and students. Like all books in this series, it offers deep practical insight into the successful design, management, and control of complex modern projects. Using real case studies and proven applications, expert authors show how multiple functions and disciplines can and must be integrated to achieve a successful outcome. Individually, these books focus on realistic, actionable solutions, not theory. Together, they provide comprehensive guidance for working project managers at all levels, including highly-complex enterprise environments. These books also provide indispensable knowledge for anyone pursuing PMI/PMBOK or PRINCE2 certification, or other accreditation in the field.