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Project Management for Profit: A Failsafe Guide to Keeping Projects On Track and On Budget Hardcover – June 26, 2012
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Top Customer Reviews
Practitioners will probably enjoy Parts 2 and 3. It systematically lays out in simple terms what is already known by reasonable PMs.
Part 2 presents how to organize a reporting system indicating timely and accurately your project's current completion and spending status. The system introduced is simple, robust and down to earth.
Part 3 of the book introduces how to create documentation and to communicate around notions developed in Part 2. Again, this is presenting simple and practical tools.
So, will all Project Managers enjoy the book? Well, in my opinion, probably not!
Let's go back to Part 1.
The first part of the book presents as a revelation the necessity to have, in order to manage properly a project, a clear vision of current spending and current job completion. I wonder which PM needs this book to discover this truth! Even the most in-experienced PM or even a student with the most basic PM training should have gleaned this fact of life. Also presented as a big secret being disclosed, profit generated by a project is not directly proportional to the spending! Anyone who needed this book to discover that should have been removed long ago from any managerial position.
Likewise, in my views, the reporting system described is basic and can be easily developed without this book (if not already done by any PM who wants to keep visibility on his project). It is simple tracking and accounting. The communication system described in Part 3 is also relatively classical.Read more ›
The style is friendly, and easily grabs attention. The authors use examples from their own practice, which makes the concepts fun to grasp. I found some of the chapters were an easy read, some others needed more work to put into practice the ideas shown. Each chapter has a "Takeaways" section in the end, which is a great help for reading.
If you have your own small company running in a project management way, this book can have value for you, especially in construction or IT. If you are a project manager in a big company, organized in a non-PM culture, probably this book is not for you, as you probably already have more complex systems for tracking, decision making, reporting. Also, I don't recommend this book for PM beginners, for whom I would rather recommend classical books in PM.
+ Friendly style
+ Concepts presented make sense
+ Examples are from authors' experience
I didn't like:
- The "ideas" are spread over the book, I missed a compact summary in the end that I can revisit later
- I missed examples from other industries, continents, like pharma, oil, automotive; startups, R&D; Asia, Europe, Africa.
I give four stars, as the ideas need quite some effort to translate to my different industry and non-US context.Read more ›
Most Recent Customer Reviews
If you are engineer and would like to learn something how to control your small business this is the perfect book for you! So easy, but works!Published 3 months ago by Svetlana Mojic
The book is easy to understand and read. The main concept of GP/ H is stated and made easy for the reader to follow. Read morePublished on September 21, 2013 by Yitch
Practical and easily understandable. A much improved method on our old way of doing things. Well worth while for every project managerPublished on May 10, 2013 by eddie howden
Joe Knight and team have put together a very easy to read but powerful book on a system to keep projects profitable. Read morePublished on September 11, 2012 by Profitable Creativity
Covers a lot of good ideas that keep projects profitable. Identifies institutional barriers and how to overcome them. Great book, well worth the cost.Published on August 27, 2012 by mark19