PM PUBLISHING NEWS
29 December 2012 – J. Ross Publishing has announced the publication of a new book , Enterprise Project Portfolio Management: Building Competencies for R&D and IT Investment Success, by Richard Bayney, PhD and Ram Chakravarti. The book presents a structured framework for practitioners and students of project, program, and portfolio management to enhance their strategic and analytic capabilities in project portfolio management (PPM).
According to the publisher, the book provides a practical, step-by-step approach to building competencies in categorizing, evaluating, optimizing, prioritizing, and managing an IT, pharmaceutical, biotech or other complex R&D-oriented portfolio of investments. The book contains a unique framework for building strategic and technical competencies in enterprise portfolio management, encompassing scenario analysis & strategic planning, project categorization, integrated evaluation, portfolio optimization, project prioritization and project and portfolio management.
It also outlines some best practices for successfully implementing and practicing PPM in R&D and IT enterprises, including decision framing and data integrity, resource management, stakeholder management, project/program/portfolio management office, organizational barriers to success, and a seminal section on risk analysis and risk management.
Two comprehensive case studies are included to demonstrate the application of quantitative and qualitative portfolio selection techniques in R&D and IT. Such techniques as integer linear programming, goal programming and multiple objective decision analysis and how they can be used to prioritize and optimize the value of a portfolio subject to budgetary and human resource constraints are described. A multi-dimensional capability maturity model is also included that can help organizations determine their maturity level across a broad spectrum of portfolio management competencies.
Dr. Richard M. Bayney, PMP, President of Project & Portfolio Value Creation, is a thought leader in the discipline of project portfolio management within the pharmaceutical and biotechnology industries. This 23-year veteran was formerly the Vice President, Portfolio Management & Decision Analysis at Johnson & Johnson Pharmaceutical Research & Development, and spent over 10 years building and leading departments in strategic planning, decision analysis, and portfolio management at Bayer, Bristol-Myers Squibb, and Johnson & Johnson. He earned an M.Sc. and Ph.D. from the University of London and an MBA from Columbia University. Richard is also a frequent speaker at industry events on decision-making under risk and uncertainty as well as risk, resource, and portfolio management, and is an adjunct faculty member at the School of Engineering and Applied Sciences and the School of Arts & Sciences at the University of Pennsylvania.
Ram Chakravarti is an expert in decision and risk analysis, portfolio management, enterprise architecture, IT strategy and large scale program execution in the IT sector. He has over 16 years of global IT, pharmaceutical & healthcare industry experience. Ram holds masters degrees from the Indian Institute of Science in electrical and electronics engineering and from the University of Pennsylvania in organizational dynamics specializing in decision analysis and portfolio management. He works for Oracle Americas, Inc. in their North American Enterprise Architecture practice.
J. Ross Publishing is an innovative and cutting-edge publisher of applied professional, business and technical books, multimedia, and online products for global professional markets. At J. Ross we collaborate with industry leaders to provide critical and timely information that will keep today’s professionals on top of new and important advances in their fields. Our mission is to publish products that solve real-world challenges and offer insight into new and effective practices. The J. Ross Web Added Value Download Resource Center allows book buyers to access value-added materials that supplement and enhance their learning experience — giving them the opportunity to apply what they’ve learned. Visit www.jrosspub.com.
Enterprise Project Portfolio Management: Building Competencies for R&D and IT Investment Success; by Dr. Richard M. Bayney and Ram Chakravarti; Hardcover, 7×10, 384 Pages
ISBN: 978-1-60427-060-0; 2012; List Price $69.95. Information at http://www.jrosspub.com/Engine/Shopping/catalog.asp?store=&category=&itempage=&item=14275&itemonly=1
Source: J. Ross Publishing