Description
This unique guide and professional reference presents a structured framework for practitioners of project, program, and portfolio management to enhance their strategic and analytic capabilities in the evolving discipline of project portfolio management (PPM). It 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.
About the author(s)
Dr. Richard M. Bayney, PMP, President of Project & Portfolio Value Creation, is regarded internationally as 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.
Table of Contents
Section 1: Introduction to Enterprise Project Portfolio Management
Chapter 1: Basic Concepts of Enterprise Project Portfolio Management
Section 2: Prerequisites for Enterprise Project Portfolio Management
Chapter 2: Scenario Analysis and Strategic Planning
Chapter 3: Decision Framing and Data Integrity
Section 3: CREOPMTM—A Framework for Enterprise Project Portfolio Management
Chapter 4: Project Categorization
Chapter 5: Risk Analysis
Chapter 6: Integrated Evaluation
Chapter 7: Portfolio Optimization
Chapter 8: Project Prioritization
Chapter 9: Best Practices in Portfolio Management
Section 4: Case Studies in Enterprise Portfolio Management
Chapter 10: Case Study in IT Portfolio Management
Chapter 11: Case Study in R&D Portfolio Management
Chapter 12: Epilogue
Appendix A: A Primer in Decision Analysis
Appendix B: A Primer in Mathematical Programming
Appendix C: MODA Models for IT Investment Prioritization
Appendix D: SIRC’s Enterprise IT Portfolio
References
Index
Reviews
“Enterprise Project Portfolio Management balances the theoretical and pragmatic to deliver a practical synthesis for portfolio decision making. The authors provide the conceptual framework, tools, and real-world examples that can help align core technical, commercial, and financial planning functions under a common strategic management structure.”
—Robert F. Prachar, Jr., Sr. Vice President, Enterprise Strategy and Portfolio Planning, Endo Health Solutions
“Both students and practitioners will benefit from reading this comprehensive, easy-to-read, and highly practical book.”
—Dr. Jonathan Woo, Director, Portfolio Management & Decision Analysis, Johnson & Johnson
“…as on target as it is impressive. The authors have produced a very valuable resource. Their integration of the theory and practice of portfolio management will provide as much support for professors who must teach the topic as it will for students who must learn it and, just as important, practicing professionals who must apply it.”
—Dr. Donald L. Pardew, Professor, Columbia Business School (formerly), University of Bolzano (currently)
