Managing Projects as Investments: Earned Value to Business Value (Systems Innovation Book Series)

Every project is an investment; however, traditional project management methodologies do not support assessment of the business value that enables senior management to maximize decision making.The next evolution in project management, therefore, will be to manage projects as investments.Managing Projects as Investments: Earned Value to Business Value provides tools and metrics to enable planning, measuring, evaluating, and optimizing projects. This book shifts the paradigm. It builds on traditional scope-cost-schedule tools, adding a critical new focus on the expected value of projects and programs.The enhancements in processes and metrics allow senior management and PMOs to guide the entire organization on the basis of business benefits, and to ensure that decisions ranging from project selection to resource assignment facilitate those goals.The author shows how framing projects as investments enables significant improvement in project performance.He provides metrics that allow you an