Quantitative Methods in Project Management

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By John C. Goodpasture
Hardcover, 6X9, 288 pages
ISBN: 1-932159-15-0
December 2003

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Description

This is a practitioner’s book, combining theoretical and practical applications for project professionals. It is a loosely coupled work flow that takes PM’s through the most important quantitative methods, integrates them, and shows interrelationships that cannot be obtained by separate readings. These practical methods can be applied easily by project practitioners who are not steeped in theory and need to know how to make everyday use of numerical analysis in projects. This book also covers financial and life cycle risk as well as risk for the project itself and contains unique extensions to earned value and project initiation. This book will be of particular interest to project managers, program managers, project administrators, system engineers, cost and risk estimators, as well as continuing education and seminar providers.

Many J. Ross Publishing customers have purchased John Goodpasture’s Quantitative Methods in Project Management with David Rico’s ROI of Software Process Improvement – a book that masterfully illuminates complex topics in ROI. For more information on this title, please click here.

Key Features

  • Introduces probability and statistics for the project manager and discusses their importance for setting achievable expectations and managing risk
  • Discusses the work breakdown structure and its connection to the company general ledger with examples of estimates using different methods, under various states of uncertain and incomplete information
  • Covers decision trees and decision tables used for quantitative decision making and includes examples of simple trees, trees with independent conditions, and trees with dependent conditions
  • Explains risk-adjusted methods in capital budgeting and introduces the concepts of expense accounting and earned value
  • Examines the numbers and provides insight on project contracting as a risk management tool
  • Covers special topics such as hypothesis testing, regression analysis, probability-impact analysis, Six Sigma, and QFD analysis

About the author(s)

John Goodpasture is President, Square Peg Consulting, Inc., a consulting firm in the field of project management. He has an MS in Electrical Engineering and over 35 years of work experience in complex multi-million-dollar programs and projects in the defense, intelligence, aerospace and commercial industries. John is the author of Managing Projects for Value, has authored dozens of articles in PM Network magazine, and has authored and presented numerous papers and several unique quantitative techniques to PMI National Symposium. He is an experienced and sought-after speaker, instructor, and lecturer.

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