BOOK REVIEW:

Book Title: Value-Driven Project Management
Authors:  Harold Kerzner, Ph.D., Frank P. Saladis, PMP
Publisher:  Wiley    
List Price:  US$24.95 softcover
Publication Date: 2009
ISBN: 978-0-470-50080-4
Reviewer:  Ed Paris           
Review Date:  1/12/10

Introduction to the Book

The authors focus on how the changing economic climate requires Project Managers to think beyond the traditional triple constraints of time, cost, and quality. They suggest project success is only achieved when planned business values are met.

The authors suggest using best practices and benchmarking to facilitate creation of additional value in efficiency, customer satisfaction, and enhanced products/services.

Overview of Book’s Structure

This book was written in a “PowerPoint slide with notes” format. Each page had a summary diagram on the left with more detailed discussion of the subject on the right.

Highlights: What I liked!

The authors’ discussions on managing projects based on value were thought provoking. Perceived value from an internal and external customer point of view is essential for success. They discuss a number of high profile projects considered successful today by its customers that were considered significant failures at completion from a time/cost/quality standpoint…

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About the Reviewer: Ed Paris, PMP Ed Paris has an undergraduate degree in Industrial Engineering from the University of Texas at Arlington and a Masters in Business Administration (MBA) degree from The University of Texas at Dallas. He is an Aerospace/IT Professional with over 15 years experience in managing Programs, Projects, and PMO’s. Ed spent the early years of his career implementing continuous improvements as an Industrial Engineer at American Airlines. As Chief of Supportability on the H-1 Upgrade Program at Bell Helicopter, he significantly reduced cost and schedule requirements through the implementation of innovative supportability processes. Later, he led the establishment of Bell’s Program Management Best Practices. Ed is now a PM consultant and can be reached at eparisjr@ymail.com.