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Successful Project Management Practices (Hardcover)
Loot Price: R2,434
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Successful Project Management Practices (Hardcover)
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Projects are at the core of all management activities because they
directly will contribute to the operational and financial success
of the organization. Further, projects are of strategic importance;
they are integral to strategic plan and its operationalization.
Since sophistication in project management will positively impact
the operational profit margin, the desire for sophistication, and
the motivation for excellence in project management is almost
universal. Independent of the source of the underlying noble
motivation, the pace at which an organization achieves that desired
sophistication will directly depend on how much time, effort, and
support, is dedicated to the enhancement of project management
processes, procedures, and tools. A high level of project
management sophistication can be an exceptionally advantageous
credential for the enterprise, because this credential can be used
as a competitive edge for advancing one contractor among the other
members of the bidder pool. If an organization has reached a high
level of project management maturity, the organization should
regard that as a reason for extreme pride among competitors. Even
in sophisticated organizations, the transition to virtual projects
should be after verifying that there is extensive formality in
managing projects, because formalization of project management
processes is far more important in virtual teams than it is in
traditional teams. Proposals are preludes to externally-funded
projects, and portfolios are either collections of projects or
collections of proposals. This book describes the attributes,
procedures, and policies that reflect sophisticated organizations.
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