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Managing Global Development Risk

Book Title:  Managing Global Development Risk
Authors:  James M. Hussey and Steven E. Hall
Publisher:  Auerbach Publishing – CRC Press – Taylor and Francis Groups, LLC
Publication Date:  2011
ISBN:  978-1-4200-5520-7
List Price: US$83.95 hard cover
Reviewer:  Ira S. Barash
Review Date:   March 2012

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Introduction to the Book

The main focus of this book is establishing a project management office (PMO) and advancing it through a well-planned maturation process to higher stages.  The emphasis is on the achievement of a strategic PMO (Stage 3) in a four-and-one-half year timeframe.  This involves the establishment of six key centers:

  • Methodology center
  • Resource evaluator
  • Project Planner
  • Project Management Control Center
  • Project Review and Analysis Center
  • Hiring, Training and developing center for their own personnel

The authors noted that there is a strong correlation between the establishment of a successful PMO and its level of maturity to project success across the corporation.

Overview of the Books Structure

The book is very well structured.  The introduction discusses the history of PMOs to the current time.  It completely outlines the topics discussed.

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ABOUT THE REVIEWER

Ira Barash

Photo – Ira Barash and his wife Ellie

Ira Barash has worked at Strategic Staffing Solutions and Capital One Financial in Plano TX in the Consumer Mortgage Group as an IT project manager and developer.  He is currently searching for a new opportunity.  Barash received a certificate (2007) in Project Management from the Graduate School of Management at the University of Texas Dallas, a Masters of Business Administration (MBA – 1989) in Finance from Wright State University and a Bachelor of Business Administration (BBA – 1976) in Quantitative Analysis from the University of Cincinnati’s Carl H. Lindner School of Business.   Passions are to be a terrific husband, have challenging work assignments, live a healthy lifestyle including traveling, exercise, writing and supporting of non-profits financially and by volunteering.  Member of Project Manager Institute and PMI – Dallas Chapter.   Volunteer Commissioner for City of Plano on Community Relations Committee serving second year of two year term.  Ira can be contacted at [email protected].

Editor’s note:  This book review is the result of cooperation between publishers, PM World and the Graduate Program in Project Management at the University of Texas at Dallas in the United States (http://jindal.utdallas.edu/executive-education/executive-degree-programs/project-management/).  Publishers provide books to PM World, books are delivered to UTD where they are given to faculty, graduate students or alumni for review; the reviewer provides a book review in a standard format; the reviews are published in the PM World Journal and PM World Library.  Since reviewers are normally mid-career professionals, they represent the intended audience for most PM books.  If you are an author or publisher of a project management-related book, and would like the book reviewed through this program, please contact [email protected].