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Navigating Project Selection and Execution for Competitive Advantage: A Guide to Evaluating Prospective Projects at the Idea Stage

Autor John Triantis
en Limba Engleză Paperback – 29 iun 2021
For many organizations, the way in which processes and projects are selected and executed is a fundamental factor in how well they can prosper in today’s marketplace. By improving efficiency, driving productivity and reducing costs, organizations can increase throughput, improve service and bring new products to market faster. The aim of this book is to show how to assess chances of project success at the idea stage in order to direct resources to promising projects and conserve resources. In doing that, it presents effective project execution processes, practices, and experiences that help to select the right projects and do them right. This is a mindset changing book from project speed and cost cutting to discipline, execution excellence, and competitive advantage. It is about effective business development using a practical approach to select the right projects and do them successfully. It describes how to evaluate and predict the likelihood of project success at the idea stage before resources are expended to develop projects. Each chapter describes how to evaluate planned project development and implementation, rate its performance, and identify gaps to be filled to achieve project execution excellence.The book is designed to guide the assessment of each project stage to uncover areas in need of improvement with focus on prediction of project success. Hence, each chapter stands on its own and assesses key elements of project stages to determine how well they are executed. The journey of project execution described is based on predicting project success at the idea stage and begins with understanding differences in large project requirements and their effects on the way they should be done. The evaluation of the idea’s origin and reasons for pursuing a project is done with help from an experienced facilitator/moderator. The reason for it is that this individual is engaged to assess likelihood of success from an external, independent, critical, and objective perspective before the project begins.
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Specificații

ISBN-13: 9780367775445
ISBN-10: 0367775441
Pagini: 454
Ilustrații: 61 Line drawings, black and white; 61 Illustrations, black and white
Dimensiuni: 178 x 254 x 29 mm
Greutate: 0.79 kg
Ediția:1
Editura: Taylor & Francis
Colecția Productivity Press
Locul publicării:Oxford, United Kingdom

Public țintă

Professional Practice & Development

Cuprins

PREFACE PART I - PRECURSOR Chapter 1. Introduction Chapter 2. Project types – How Different Are They? Chapter 3. Project Idea Evaluation – What Is It All About? Chapter 4. Project Rationale – Why Are We Doing This? PART II – ANALYTICS AND ASSESSMENTS Chapter 5. Organizational Factors – Political Support is a Must Chapter 6. Internal Assessment – Resources and Capabilities Chapter 7. External assessment – Uncertainty Management PART III – MAIN AREAS OF ATTENTION Chapter 8. Project Development – Basis of Value Creation Chapter 9. Risk Mitigation – Priority with Idea Potential Chapter 10. Project Management – Driving project Ideas Forward Chapter 11. Idea and Project Marketing – "Selling the Project" PART IV – VALIDATIONS AND VERIFICATIONS Chapter 12. Project Modeling – Determining if it is for Real Chapter 13. Project Contractual basis – negotiations are key Chapter 14. Project Due Diligence – AN INTERIM PROJECT Appraisal Chapter 15. Checks, Audits, tests – Business Case Requirements PART V – FROM PLANS AND EVALUATIONS TO ACTION Chapter 16. Project Implementation – Driving to Completion Chapter 17. Responses to Threats – Value Realization Planning Chapter 18. Project Restructuring – Flexibility is Required PART VI – PERFORMANCE EVALUATION Chapter 19. project performance evaluation – make it useful Chapter 20. project Success Evaluation – best at the idea stage Chapter 21. Summary and Conclusions
 
 

Notă biografică

John E. Triantis is a retired business consulting economist, strategic planner, international business development leader, and former forecasting expert. He has a track record of introducing effective processes and practices to develop successful projects. He is an experienced and a trusted new business development advisor in large projects, international infrastructure, financing, licensing, and organizational restructuring projects. His passion is helping clients minimize decision uncertainty and project risk. He integrates sound processes, best practices, and sound analytics with strategic planning and business development principles to maximize project value. His unique methods create world-class organizations, introduce value realization processes, and apply best practices to create successful projects.To address needs and fill gaps in client understanding, he authored numerous position papers and published the books Creating Successful Acquisition and Joint Venture Projects: A Process and Team Approach; Navigating Strategic Decisions: The Power of Sound Analysis and Forecasting; and Project Finance for Business Development as well as articles in professional domestic and international journals and books. He is currently working on a manuscript for the book Ethics in Large Project Development Decisions. John holds a Ph.D. in macro and international economics and a master’s degree in statistics and econometrics from the University of New Hampshire. His bachelor’s degree is in economics and mathematics from Fairleigh Dickinson University.

Recenzii

"This book is a treasure trove for readers who have to scan numerous sources to collect the techniques developed and project selection and execution best practices. It is quite informative, summarizing tools and methods and a must have book for strategic project stakeholders."
Jeffrey Morrison, former executive SunTrust Bank
"John Triantis has developed a unique and very effective approach to identify only value creating opportunity projects by determining chances of ultimate success. His masterful approach leads to achieving and/or maintaining competitive advantage and constitutes an essential analytical tool for project developers, CFOs, and project managers."
George S. Vozikis, Ph.D., Chaminade University of Honolulu, Professor in Residence, School of Business & Communication
"This is a unique, significant contribution that guides readers step by step how to create competitive advantage through the right project selection and execution. It deserves a wide audience of large project stakeholders and CFOs."
Julie Hill, former executive Lucent Technologies

Descriere

For many organizations, the way in which processes and projects are selected and executed is a fundamental factor in how well they can prosper in today’s marketplace. By improving efficiency, driving productivity and reducing costs, organizations can increase throughput, improve service and bring new products to market faster.