Managing Complex, High Risk Projects

Managing Complex, High Risk Projects
Author: Franck Marle
Publisher: Springer
Total Pages: 283
Release: 2015-12-18
Genre: Technology & Engineering
ISBN: 1447167872

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Maximizing reader insights into project management and handling complexity-driven risks, this book explores propagation effects, non-linear consequences, loops, and the emergence of positive properties that may occur over the course of a project. This book presents an introduction to project management and analysis of traditional project management approaches and their limits regarding complexity. It also includes overviews of recent research works about project complexity modelling and management as well as project complexity-driven issues. Moreover, the authors propose their own new approaches, new methodologies and new tools which may be used by project managers and/or researchers and/or students in the management of their projects. These new elements include project complexity definitions and frameworks, multi-criteria approaches for project complexity measurement, advanced methodologies for project management (propagation studies to anticipate potential behaviour of the project, and clustering approaches to improve coordination between project actors) and industrial case studies (automotive industry, civil engineering, railroad industry, performing arts,...) and exercises (with their solutions) which will allow readers to improve and strengthen their knowledge and skills in the management of complex and (thus) risky projects.

Managing Complex Projects

Managing Complex Projects
Author: International Institute for Learning
Publisher: John Wiley & Sons
Total Pages: 183
Release: 2010-08-03
Genre: Technology & Engineering
ISBN: 0470927984

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The application of project management techniques is considered standard practice in today's business environment. What is not widely known is that the learning gap separating good project management from exceptional project management is not as great as one might think yet, the difference in the return on value can be quite significant. Many factors determine how projects are approached, such as rapid shifts in technology, a fluctuating market, changes in a business's organizational structure, and politics. As these forces add to a project's complexity and duration, project managers must develop strategies that allow them to think outside the box and create new on-the-go methodologies. Managing Complex Projects delivers the tools necessary to take on an unpredictable economy with an adaptable battle plan proven to meet the differing needs of an ever-expanding set of partners and stakeholders involved in a project. This book shows how to solve some of the issues facing today's project manager, including: Dealing with multiple virtual teams located around the world Working with partners and stakeholders that may have limited project management tools and experience Adjusting to long-term projects in which the stakeholders may change Managing projects where stated goals and objectives differ among stakeholders This book shows how companies such as IBM, Hewlett-Packard, Microsoft, and Siemens are exploring new avenues to aid them in taking on complex projects by combining "hard" skills, such as risk management and scheduling, with "soft" skills that focus on interpersonal communication. Managing Complex Projects serves as a lifesaver for time-crunched project managers looking for new ways to maximize their efforts.

Managing Complex Projects

Managing Complex Projects
Author: Kathleen B. Hass
Publisher: Berrett-Koehler Publishers
Total Pages: 252
Release: 2008-10
Genre: Business & Economics
ISBN: 152309673X

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For organizations to thrive, indeed to survive, in today's global economy, we must find ways to dramatically improve the performance of large-scale projects. Applying the concepts of complexity theory can complement conventional project management approaches and enable us to adapt to the unrelenting change that we ignore at our own peril. Managing Complex Projects: A New Model offers an innovative way of looking at projects and treating them as complex adaptive systems. Applying the principles of complexity thinking will enable project managers and leadership teams to manage large-scale initiatives successfully. • Explore how complexity thinking can be used to find new, creative ways to think about and manage projects • Diagnose complexity on a wide range of projects — from small, independent, short projects to highly complex, longer projects • Understand and manage the complexity of the business problem, opportunity, solution, and other dimensions that come into play when managing large-scale efforts Use the Project Complexity Model to determine the most effective approach to managing all aspects of a project based on the level of complexity involved.

Managing Complex Projects

Managing Complex Projects
Author: Neil Alderman
Publisher: Routledge
Total Pages: 175
Release: 2013-09-11
Genre: Business & Economics
ISBN: 1134423616

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Concerned with the management of complex long-term engineering projects, this important volume, of great interest to postgraduate students of business, technology management and engineering, reports on a set of rich, novel and unique findings concerning the conduct and management of three high profile and complex projects. The major investments which constitute complex long-term projects represent an increasingly important source of economic activity, often with particularly significant consequences for economic growth and public policy. This informative volume expertly contributes to broader debates concerning new organizational forms, knowledge management and organizational learning and the management of innovation in project-based settings.

How to Manage Complex Programs

How to Manage Complex Programs
Author: Tom Kendrick
Publisher: AMACOM
Total Pages: 344
Release: 2016-05-25
Genre: Business & Economics
ISBN: 0814436935

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To see a program successfully through to completion, a program manager must break the work down into simpler, smaller pieces and organize it into interdependent tasks…and this book helps you do just that. Projects require managers, but programs warrant maestros. Tasked with overseeing multiple project teams and thousands of activities, program managers have one of the most challenging jobs in the market. Too many overburdened managers are leaving otherwise great jobs, even the field entirely, because they haven’t equipped themselves with the right tools in hand to take on this complex but fulfilling job. Complete with diagrams, graphs, and real-life examples, How to Manage Complex Programs explains the ins and outs of program management and provides concrete and effective techniques for structuring deliverables, workflow, and staffing. You will learn to: Decompose complex deliverables into manageable chunks Develop coherent plans for component projects Handle cross-project dependencies Organize program staff and project leaders into a high-performing team Yes, program management is challenging but the most rewarding jobs always are. Don’t let yourself become overburdened and tempted to leave a field in high demand of hard workers such as yourself. These proven strategies are the key to finding both relief and success!

Project Risk Management Guidelines

Project Risk Management Guidelines
Author: Dale Cooper
Publisher: Wiley
Total Pages: 0
Release: 2004-11-30
Genre: Business & Economics
ISBN: 9780470022818

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This book describes philosophies, principles, practices and techniques for managing risk in projects and procurements, with a particular focus on complex or large-scale activities. The authors cover the basics of risk management in the context of project management, and outline a step-by-step approach. They then extend this approach into specialised areas of procurement (including tender evaluation, outsourcing and Public-Private Partnerships), introducing technical risk assessment tools and processes for environmental risk management. Finally they consider quantitative methods and the way they can be used in large projects. International case studies are included throughout.

Aspects of Complexity

Aspects of Complexity
Author: Terry Cooke-Davies
Publisher: Project Management Institute
Total Pages: 352
Release: 2011-08-01
Genre: Business & Economics
ISBN: 1935589725

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Complexity in projects may be one of those things that are difficult to define, but easy to recognize when encountered. Or maybe not so easy. This collection of analyses deals with complexity in a way that will appeal to both academics and practitioners. It arises from a series of four academic-business roundtables sponsored by the Project Management Institute in the U.S., Australia, Malta, and Brazil. Researchers will appreciate the academic rigor of the content and practitioners will appreciate the generally reader-friendly style and tone. The opening chapter offers that elusive definition and provides the foundation for common understanding. The next four chapters compose the theoretical portion of the book, establishing the underpinning concepts related to systems thinking, systems engineering, chaos or complexity theory, and behavioral and cognitive aspects. The remainder of the book is more practice-oriented. It is a serious attempt to pull together what is currently known and understood about the topic, to help practitioners and their managers improve future practice, and to guide research into answering those questions that will best help to improve understanding of the topic.

Managing Complex Projects

Managing Complex Projects
Author: Kathleen B. Hass PMP
Publisher: Berrett-Koehler Publishers
Total Pages: 239
Release: 2008-10-01
Genre: Business & Economics
ISBN: 1567262910

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For organizations to thrive, indeed to survive, in today's global economy, we must find ways to dramatically improve the performance of large-scale projects. Applying the concepts of complexity theory can complement conventional project management approaches and enable us to adapt to the unrelenting change that we ignore at our own peril. Managing Complex Projects: A New Model offers an innovative way of looking at projects and treating them as complex adaptive systems. Applying the principles of complexity thinking will enable project managers and leadership teams to manage large-scale initiatives successfully. • Explore how complexity thinking can be used to find new, creative ways to think about and manage projects • Diagnose complexity on a wide range of projects — from small, independent, short projects to highly complex, longer projects • Understand and manage the complexity of the business problem, opportunity, solution, and other dimensions that come into play when managing large-scale efforts Use the Project Complexity Model to determine the most effective approach to managing all aspects of a project based on the level of complexity involved.

Identifying and Managing Project Risk

Identifying and Managing Project Risk
Author: Tom Kendrick
Publisher: AMACOM
Total Pages: 370
Release: 2009-02-27
Genre: Business & Economics
ISBN: 0814413412

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Winner of the Project Management Institute’s David I. Cleland Project Management Literature Award 2010 It’s no wonder that project managers spend so much time focusing their attention on risk identification. Important projects tend to be time constrained, pose huge technical challenges, and suffer from a lack of adequate resources. Identifying and Managing Project Risk, now updated and consistent with the very latest Project Management Body of Knowledge (PMBOK)® Guide, takes readers through every phase of a project, showing them how to consider the possible risks involved at every point in the process. Drawing on real-world situations and hundreds of examples, the book outlines proven methods, demonstrating key ideas for project risk planning and showing how to use high-level risk assessment tools. Analyzing aspects such as available resources, project scope, and scheduling, this new edition also explores the growing area of Enterprise Risk Management. Comprehensive and completely up-to-date, this book helps readers determine risk factors thoroughly and decisively...before a project gets derailed.

Managing Risk in Projects

Managing Risk in Projects
Author: Dr David Hillson
Publisher: Gower Publishing, Ltd.
Total Pages: 132
Release: 2012-09-28
Genre: Business & Economics
ISBN: 1409458539

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Projects are risky undertakings, and modern approaches to managing projects recognise the central need to manage the risk as an integral part of the project management discipline. Managing Risk in Projects places risk management in its proper context in the world of project management and beyond, and emphasises the central concepts that are essential in order to understand why and how risk management should be implemented on all projects of all types and sizes, in all industries and in all countries. The generic approach detailed by David Hillson is consistent with current international best practice and guidelines (including 'A Guide to the Project Management Body of Knowledge' (PMBoK) and the 'Project Risk Management Practice Standard' from PMI, the 'APM Body of Knowledge' and 'Project Risk Analysis & Management (PRAM) Guide' from APM, 'Management of Risk: Guidance for Practitioners' from OGC, and the forthcoming risk standard from ISO) but David also introduces key developments in the risk management field, ensuring readers are aware of recent thinking, focusing on their relevance to practical application. Throughout, the goal is to offer a concise description of current best practice in project risk management whilst introducing the latest relevant developments, to enable project managers, project sponsors and others responsible for managing risk in projects to do just that - effectively.