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Title: Advanced Project Portfolio Management and the PMO: Multiplying ROI at Warp Speed by Gerald I. Kendall, Steve C. Rollins ISBN: 1-932159-02-9 Publisher: J. Ross Publishing, Inc. Pub. Date: April, 2003 Format: Hardcover Volumes: 1 List Price(USD): $69.95 |
Average Customer Rating: 4.29 (7 reviews)
Rating: 5
Summary: Great Read
Comment: This book is an easy read and is chock full of useful examples and valuable mechanisms for anyone running or starting a PMO.
Rating: 4
Summary: Packed with content, but some questionable assumptions
Comment: There is enough good content in this book to fill several books. However, the authors make some foundational assumptions that one must keep in mind when interpreting or applying the practices the author's propose in this book:
Assertion #1: The Theory of Constraints (TOC) is applicable to project management. This is a questionable and unsupported assertion. Projects may have several constraints at different times and across different projects. The TOC model is from manufacturing, implies a single bottleneck, and may not apply to dynamic projects.
Assertion #2: Critical Chain Project Management theory is applicable and valuable in project management. CCPM is unproven, is based on questionable assumptions, is supported by only a few PM tools, and is not known by PMI-trained PM's. For more on this, see "A Critical Look at Critical Chain Project Management", authors Raz, Barnes and Dvir: Project Management Journal, December 2003.
Still, this is a useful book for a person marketing, proposing or implementing a project management office. The book is good at pointing out that the PMO must deliver value to executives by aligning projects with enterprise strategy and by increasing the number of completed projects in a given time period.
The book is stronger in application of the practices (and especially metrics) to business than not-for-profit enterprises, but is still useful to people in not-for-profit organizations.
Recommendation: Employ the author's suggestions to select and prioritize projects based on strategic impact, but, in the main, use proven project management practices (not CCPM or TOC) to ensure project completion.
Rating: 5
Summary: Outstanding; comprehensive; dead on target!
Comment: Outstanding, comprehensive and refreshing capture of ideas and an actionable approach to the imperative of reversing the documented failure of four of five projects to achieve cost, schedule or content objectives. Just one of the techniques emphasized-Critical Chain-has demonstrated powerful leverage and consistent project management success in literally 100s of well-documented implementations across myriad private industry, non-profit & government settings here in the US and around the world. These successes are reinforced by my personal dissertation research and results of successful Critical Chain applications in major Defense Department weapon system acquisition development and production programs run by giants like Lockheed Martin and Boeing, as well as weapons system sustainment programs run at US Navy/Marine maintenance depots. I totally agree with Dr. Harold Kerzner, highly respected educator and widely read author of books on project management, who recommends that this book "become the standard for PMO development for years to come."
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