For many organizations, the way in which processes and projects are selected and executed is a fundamental factor in how well they can prosper in todays marketplace. By improving efficiency, driving productivity and reducing costs, organizations can increase throughput, improve service and bring new products to market faster.
The aim of this book is to show how to assess chances of project success at the idea stage in order to direct resources to promising projects and conserve resources. In doing that, it presents effective project execution processes, practices, and experiences that help to select the right projects and do them right. This is a mindset changing book from project speed and cost cutting to discipline, execution excellence, and competitive advantage. It is about effective business development using a practical approach to select the right projects and do them successfully. It describes how to evaluate and predict the likelihood of project success at the idea stage before resources are expended to develop projects. Each chapter describes how to evaluate planned project development and implementation, rate its performance, and identify gaps to be filled to achieve project execution excellence.
The book is designed to guide the assessment of each project stage to uncover areas in need of improvement with focus on prediction of project success. Hence, each chapter stands on its own and assesses key elements of project stages to determine how well they are executed. The journey of project execution described is based on predicting project success at the idea stage and begins with understanding differences in large project requirements and their effects on the way they should be done. The evaluation of the ideas origin and reasons for pursuing a project is done with help from an experienced facilitator/moderator. The reason for it is that this individual is engaged to assess likelihood of success from an external, independent, critical, and objective perspective before the project begins.
PREFACE PART I - PRECURSOR
Chapter
1. Introduction
Chapter
2. Project
types How Different Are They?
Chapter
3. Project Idea Evaluation What Is
It All About?
Chapter
4. Project Rationale Why Are We Doing This? PART II
ANALYTICS AND ASSESSMENTS
Chapter
5. Organizational Factors Political
Support is a Must
Chapter
6. Internal Assessment Resources and Capabilities
Chapter
7. External assessment Uncertainty Management PART III MAIN AREAS
OF ATTENTION
Chapter
8. Project Development Basis of Value Creation
Chapter
9. Risk Mitigation Priority with Idea Potential
Chapter
10. Project
Management Driving project Ideas Forward
Chapter
11. Idea and Project
Marketing "Selling the Project" PART IV VALIDATIONS AND VERIFICATIONS
Chapter
12. Project Modeling Determining if it is for Real
Chapter
13.
Project Contractual basis negotiations are key
Chapter
14. Project Due
Diligence AN INTERIM PROJECT Appraisal
Chapter
15. Checks, Audits, tests
Business Case Requirements PART V FROM PLANS AND EVALUATIONS TO ACTION
Chapter
16. Project Implementation Driving to Completion
Chapter
17.
Responses to Threats Value Realization Planning
Chapter
18. Project
Restructuring Flexibility is Required PART VI PERFORMANCE EVALUATION
Chapter
19. project performance evaluation make it useful
Chapter
20.
project Success Evaluation best at the idea stage
Chapter
21. Summary and
Conclusions
John E. Triantis is a retired business consulting economist, strategic planner, international business development leader, and former forecasting expert. He has a track record of introducing effective processes and practices to develop successful projects. He is an experienced and a trusted new business development advisor in large projects, international infrastructure, financing, licensing, and organizational restructuring projects. His passion is helping clients minimize decision uncertainty and project risk. He integrates sound processes, best practices, and sound analytics with strategic planning and business development principles to maximize project value. His unique methods create world-class organizations, introduce value realization processes, and apply best practices to create successful projects.
To address needs and fill gaps in client understanding, he authored numerous position papers and published the books Creating Successful Acquisition and Joint Venture Projects: A Process and Team Approach; Navigating Strategic Decisions: The Power of Sound Analysis and Forecasting; and Project Finance for Business Development as well as articles in professional domestic and international journals and books. He is currently working on a manuscript for the book Ethics in Large Project Development Decisions. John holds a Ph.D. in macro and international economics and a masters degree in statistics and econometrics from the University of New Hampshire. His bachelors degree is in economics and mathematics from Fairleigh Dickinson University.