Book Title: Improving Business Performance: A project portfolio management approach
Author: Ramani S
Publisher: CRC Press – Taylor & Francis Group
List Price: $67.96
Format: Hard Cover, 216 pages
Publication Date: 12/17/2015
Reviewer: Patrick James
Review Date: January/2017
This book is a result of discussion with several successful business leaders and project portfolio managers. Author Ramani has made this single reference that covers portfolio, program, and project management perspectives, highlighting how these concepts contribute to the better performance. This book also include topics on transition management, change management, benefits management as well as enterprise project management. Study cases, graphs and templates have been added for better understanding.
Author has attempted to put together comprehensive solutions that can enable commercial and non-profit organizations in achieving their strategic objectives, delivering superior business performance and enhancing their professionalism. Definitions, graphs, tables and illustrations are easy to follow and remember.
Overview of Book’s Structure
This book consists of 9 Chapters with topics including defining Change, It all Commences with Strategy! Project portfolio management, the core of program management, change initiative integration into operations i.e. transition management as well as change management and stakeholder engagement.
All chapters provide in depth knowledge, understanding and concept of change management which are easy to follow and understood. Every chapter unveil different concepts and provide vide range of real time business cases and conclusions based on different change management scenario. This book is an extract of in-depth study of project portfolio management for managing organizational change.
In Chapter 2: It All Commences with Strategy! Project Portfolio Management; Author Ramani has put together steps to define and mange change. A rational first step to take while refining strategy is to assess “as is” stage, by studying current data, where do organization stand today with reference to the industry and the competitive landscape.
Different tools and concepts have been put together; for example SWAT analysis, Matrix-Application by Boston Consulting Group, application of Balanced Scorecard (BSC) to portfolio management, Providing key steps to Portfolio Definition and Implementation i.e. Collect, Clarify, Evaluate and Prioritize and Reconcile.
This book consists of advanced study and research on project portfolio management for managing changes within organizations. Theories, research and case studies will help top level decision maker to think outside the traditional project portfolio management cycle and adopt changes that will help organizations identify and manage core risks and road blocks and will lead change management project into success. Here are few quotes in this book that I would like to share:
About the Reviewer
North Texas, USA
Patrick James graduated from Punjab University with a major in Mathematics & Statistics; he earned his MBA in Marketing from Preston University. He earned his PMP Certification from the Project Management Institute (PMI®) in 2014. 8 years ago while working as an analyst he slowly started advancing his true passion to work as a project manager, to manage complex and challenging projects. Over the last 6 years he has successfully managed several Business Process Improvement and re-engineering projects. Patrick likes working with cross-functional teams in a collaborative environment. An active member of PMI and the local Dallas PMI Chapter, he likes to read articles & books on Project Management, IT and Business Optimization. Patrick is currently working as Project Manager – BPO for an IT Network Solutions Company in the DFW area of north Texas.
Editor’s note: This book review was the result of a partnership between the publisher, PM World and the PMI Dallas Chapter. Authors and publishers provide the books to PM World; books are delivered to the PMI Dallas Chapter, where they are offered free to PMI members to review; book reviews are published in the PM World Journal and PM World Library. PMI Dallas Chapter members can keep the books as well as claim PDUs for PMP recertification when their reviews are published. Chapter members are generally mid-career professionals, the audience for most project management books.
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