Project Management Analytics A Data-Driven Approach to Making Rational and Effective Project Decisions

by Singh, Harjit

• ISBN13: 9780134189949
• ISBN10: 0134189949
• Edition: 1st
• Format: Hardcover
• Copyright: 2015-11-22
• Publisher: Ft Pr

Summary

To manage projects, you must not only control schedules and costs: you must also manage growing operational uncertainty. Today’s powerful analytics tools and methods can help you do all of this far more successfully. In Project Management Analytics , Harjit Singh shows how to bring greater evidence-based clarity and rationality to all your key decisions throughout the full project lifecycle.

 

Singh identifies the components and characteristics of a good project decision and shows how to improve decisions by using predictive, prescriptive, statistical, and other methods. You’ll learn how to mitigate risks by identifying meaningful historical patterns and trends; optimize allocation and use of scarce resources within project constraints; automate data-driven decision-making processes based on huge data sets; and effectively handle multiple interrelated decision criteria.

 

Singh also helps you integrate analytics into the project management methods you already use, combining today’s best analytical techniques with proven approaches such as PMI PMBOK® and Lean Six Sigma.

 

Project managers can no longer rely on vague impressions or seat-of-the-pants intuition. Fortunately, you don’t have to. With Project Management Analytics , you can use facts, evidence, and knowledge—and get far better results.

Achieve efficient, reliable, consistent, and fact-based project decision-making
Systematically bring data and objective analysis to key project decisions

Avoid “garbage in, garbage out”
Properly collect, store, analyze, and interpret your project-related data

Optimize multi-criteria decisions in large group environments
Use the Analytic Hierarchy Process (AHP) to improve complex real-world decisions

Streamline projects the way you streamline other business processes
Leverage data-driven Lean Six Sigma to manage projects more effectively

Author Biography

HARJIT SINGH (Elk Grove, CA) has over 25 years’ experience in the private and public sector as Engineer, Project Manager, and Educator. Currently he is a Project Management Lead at the State of California. In addition, he is also a Visiting Professor at Keller Graduate School of Management, DeVry University where he teaches project management and business management courses. Prior to this, he has worked at Hewlett-Packard Company for 15 years as a Systems Software Engineer and Technical Project Manager. He was also member of the Board of Directors for the Sacramento Valley Chapter of the Project Management Institute (PMI) where he served in the capacity of CIO and VP of Relations and Marketing. He holds an MBA from University of Texas and a master’s degree in Computer Engineering from California State University, Sacramento, and is a Certified Scrum Master, Lean Six Sigma professional, and certified PMP (Project Management Professional). Singh is author of Mastering Project Human Resource Management.

Table of Contents

Introduction

1. Project Management Analytics

2. Data-Driven Project Decision Making

3. Drawbacks of the Traditional Approach

4. Benefits of PMI PMBOK

5. PMBOK Process Groups and Knowledge Areas

6. DMAIC Stages

7. PDSA Cycle

8. PMBOK and LSS Synergy

9. Additional Tools & Technologies

10. Overview

11. Big Data Analytics and Project Decision Making