Details

Value Optimization for Project and Performance Management


Value Optimization for Project and Performance Management


1. Aufl.

von: Robert B. Stewart

41,99 €

Verlag: Wiley
Format: PDF
Veröffentl.: 30.03.2010
ISBN/EAN: 9780470622933
Sprache: englisch
Anzahl Seiten: 336

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Beschreibungen

<b>Discover the proven process for maximizing the potential value of any project.</b> <p>Showing readers how to apply value optimization techniques to project and performance management, dramatically increasing results and efficiency, <i>Value Optimization for Project and Performance Management</i> is written to compliment the Project Management Body of Knowledge, the guidance published by the Project Management Institute (PMI®), making it readily applicable for any project manager.</p> <ul> <li>Presents methodology applied with hundreds of clients across a range of industries</li> <li>Filled with practical facilitation and implementation tips</li> <li>Presents a cohesive theory, structured framework, and diverse toolset</li> <li>Walks you through the value optimization process, showing you how to transform the way a product or process is perceived</li> </ul> <p>Brimming with examples, <i>Value Optimization for Project and Performance Management</i> provides a link to a free software demo for you to get started in applying value optimization in your own organization.</p> <p>(PMI is a registered mark of Project Management Institute, Inc.)</p>
<p><i>Preface ix</i></p> <p><i>About the Cover xiii</i></p> <p><i>Acknowledgments xv</i></p> <p><b>CHAPTER 1 Introduction 1</b></p> <p>Today’s Challenges 2</p> <p>Value Methodology 4</p> <p>Why Use Value Methodology? 5</p> <p>Project Management and Value Methodology 7</p> <p>Value Methodology and Teamwork 8</p> <p>History of Value Methodology 10</p> <p>SAVE International 13</p> <p>Current VM Applications 14</p> <p>Summary 19</p> <p><b>CHAPTER 2 Value 21</b></p> <p>The Concept of Value 22</p> <p>Value Theory 24</p> <p>Reasons for Poor Value 36</p> <p>Summary 46</p> <p><b>CHAPTER 3 Value Methodology Job Plan 47</b></p> <p>The Value Methodology Job Plan 48</p> <p>Value Metrics 56</p> <p>Summary 58</p> <p><b>CHAPTER 4 Preparation 59</b></p> <p>Preparation Phase 60</p> <p>The Value Team 78</p> <p>Summary 79</p> <p>Appendix 4A: Case Study 80</p> <p><b>CHAPTER 5 Information 87</b></p> <p>Information Phase 88</p> <p>Gather and Analyze Project Scope Information 89</p> <p>Gather and Analyze Project Schedule Information 91</p> <p>Gather and Analyze Project Cost Information 94</p> <p>Life Cycle Costing 99</p> <p>Gather and Analyze Project Risk Information 108</p> <p>Conduct Value Study Kick-Off Meeting 111</p> <p>Conduct Site Visit 130</p> <p>Summary 130</p> <p>Appendix 5A: Case Study 131</p> <p><b>CHAPTER 6 Function 145</b></p> <p>Function Phase 146</p> <p>Defining Functions 146</p> <p>Classifying Functions 150</p> <p>Evaluating Functions 155</p> <p>Summary 179</p> <p>Appendix 6A: Case Study 180</p> <p><b>CHAPTER 7 Speculation 183</b></p> <p>Speculation Phase 184</p> <p>Creativity 184</p> <p>Roadblocks to Creativity 186</p> <p>Creativity Techniques 191</p> <p>Summary 196</p> <p>Appendix 7A: Case Study 198</p> <p><b>CHAPTER 8 Evaluation 199</b></p> <p>Evaluation Phase 200</p> <p>The Evaluation Process 200</p> <p>Evaluation Techniques 207</p> <p>Selecting Ideas for Development 211</p> <p>Summary 213</p> <p>Appendix 8A: Case Study 213</p> <p><b>CHAPTER 9 Development 217</b></p> <p>Development Phase 218</p> <p>Develop Value Alternatives 218</p> <p>Review Value Alternatives 232</p> <p>Summary 233</p> <p>Appendix 9A: Case Study 233</p> <p><b>CHAPTER 10 Presentation 247</b></p> <p>Presentation Phase 248</p> <p>Selling Change 248</p> <p>Assess Value—Value Metrics 251</p> <p>Conduct Exit Briefing 256</p> <p>Prepare and Submit Value Study Report 260</p> <p>Summary 260</p> <p>Appendix 10A: Case Study 261</p> <p><b>CHAPTER 11 Implementation 269</b></p> <p>Implementation Phase 270</p> <p>Managing Change 270</p> <p>Review and Assess Value Alternatives 273</p> <p>Resolve Value Alternatives 274</p> <p>Develop Implementation Plan 277</p> <p>Track and Audit Results 278</p> <p>Summary 278</p> <p>Appendix 11A: Case Study 279</p> <p><b>CHAPTER 12 Value Leadership 281</b></p> <p>Value Leadership 282</p> <p>Characteristics of Value Specialists 291</p> <p>Value Methodology Professionals 293</p> <p>Professional Standards of Conduct 295</p> <p><i>Summary 296</i></p> <p><i>Notes 299</i></p> <p><i>Suggested Reading 305</i></p> <p><i>About the Author 307</i></p> <p><i>Index 309</i></p>
<b>ROBERT B. STEWART,CVS, FSAVE, PMP</b>, is President of Value Management Strategies, Inc., a consulting firm specializing in the application of value methodology to projects and business processes. He has led over 300 value studies for clients in private and public sectors and trained thousands of individuals worldwide in value optimization techniques. He is a Fellow of SAVE International and serves as a Director on the Lawrence Delos Miles Value Foundation, a nonprofit organization established to promote and fund the development of educational programs, new applications, and a research library for the study of Value Methodology (VM).
<b>Praise for Value Optimization for Project and Performance Management</b> <p>"In this book, Rob Stewart has captured the interplay of priority and value optimization in an exceptional way. He has reached beyond a simple mechanical treatment of 'how' to approach value optimization. The book transcends value optimization from an initial concept formed in the labs of GE, where value optimization became an important pursuit, to organizationally enabling value management through teams, development, and implementation, and finally how to lead by value thinking."—Dr. Thomas Saaty, University Professor, University of Pittsburgh, and John Saaty, CEO, Decision Lens, Inc.</p> <p>"Rob Stewart's book marks the professionalization of a Value Methodology. He brings theoretical and practical insights from many sources and academic research to move this community from its craft-based origins to a social science focused on innovation and creating added value. This marks a new chapter for Value Engineering and Value Management, especially as more and more organizations adopt projects as the means to implement designs that leverage value. It is a must-read for anyone who needs to find ways to deliver outcomes that increase value with minimal investment of time and money to fund such a search."—Dr. Roy Woodhead, HP Transformation Consulting, EMEA Leadership Team</p> <p>"I translated Rob's first book, <i>Fundamentals of Value Methodology</i>, back in 2005. I initially made the decision to introduce this book in South Korea because of his straightforward and practical approach to value improvement. In his new book, <i>Value Optimization for Project and Performance Management</i>, his approach is much more refined and improved. Of special interest to me is his introduction of risk in the consideration of value. I find it ironic that most people think deterministically with respect to the state of a project's performance, cost, and schedule. This book deals with a methodology that considers the uncertainties related to these key factors. I was also very surprised by the author's creativity in incorporating risk into the definition and measurement of value. I think this book is the best one I have seen since I was first introduced to the value methodology. I have not seen an approach to value that is as well described as this. I believe this book will serve as a kind of oasis to those seeking to find a means to improve the value of their projects, products, or services."—Dr. Jong-Kwon Lim, CEO, Infra Asset Management Corporation</p> <p>"The text brings the reader up to date on the practice of Value Methodology, as well as the application of Value Metrics that emphasizes the importance of measuring improvements in project performance as being of equal or greater importance than just the realization of cost savings. This book will also become a valuable addition to colleges and universities that are looking for a classroom text or reference on the topic."—Ronald J. Tanenbaum, PhD, CVS, PE, GE, FASCE, President, GeoVal, Inc.</p>

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