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Project Portfolio Management: A Practical Guide to Selecting Projects, Managing Portfolios, and Maximizing Benefits 1st Edition

4.5 out of 5 stars 17 customer reviews
ISBN-13: 978-0787977542
ISBN-10: 0787977543
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Editorial Reviews

Review

“…a valuable reference for theory and analysis…” (Supply Management, December 2005)

From the Back Cover

Project Portfolio Management

Project Portfolio Management (PPM) goes beyond the typical project management approach to offer a set of proven business practices that can help executives, program managers, and project managers bring projects into alignment with the strategies, resources, and executive oversight of the overall enterprise.

Step by step, this book shows how to take a project from the inception of a vision to the realization of benefits to the organization. Project Portfolio Management draws on project management expert Harvey A. Levine's years of research and distills the knowledge and best practices from dozens of leaders in the field to show how to select and implement the projects that will garner the best results. Throughout this important resource, Levine tackles the many challenges associated with PPM, including

  • Ranking value and benefits
  • Determining the size of the portfolio pipeline
  • Assessing the impact of uncertainty on projects and portfolios
  • Understanding the benefit and risk relationship
  • Establishing a portfolio governance capability
  • Managing the portfolio to maximize benefits
  • Implementing PPM

Using Project Portfolio Management as a guide, project managers can create a healthy portfolio of projects that will ultimately improve an organization's effectiveness in using limited resources to support its goals.

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Product Details

  • Hardcover: 560 pages
  • Publisher: Jossey-Bass; 1 edition (July 20, 2005)
  • Language: English
  • ISBN-10: 0787977543
  • ISBN-13: 978-0787977542
  • Product Dimensions: 6.4 x 1.6 x 9.4 inches
  • Shipping Weight: 1.7 pounds (View shipping rates and policies)
  • Average Customer Review: 4.5 out of 5 stars  See all reviews (17 customer reviews)
  • Amazon Best Sellers Rank: #249,737 in Books (See Top 100 in Books)

Customer Reviews

Top Customer Reviews

By Eddy Pauwels on March 16, 2007
Format: Hardcover
After having evaluated many recent books on the subject of Project Portfolio Management, I found the practical guidance and descriptive clarity as provided by Harvey A. Levine exceptional. Working for Serena Software, I was looking for a single book that could educate and guide a variety of people into PPM, ranging from new Mariner account managers, engineers as well as Mariner customers. Not only does this book provide an easy way to understand the typical Project Portfolio Management process, it is being done using such simple terms, avoiding buzzwords and unnecessary jargon, making it very easy and fast to read, even for a non native English speaking audience. The latter is important if you are operating worldwide. The book does contain some level of repetition, especially in Part Two, but as these are contributing sections and case studies, written by different authors who provide a different angle or viewpoint to the same concepts, I found those especially useful for practitioners (our engineers and customers). The downside of having multiple authors is however that Levine's simple and clear writing style is not always maintained. The advantage of this approach is that within the same book, readers will benefit from learning some related topics such as ways to measure (e.g. earned value, AHP, NPV), Enterprise Project Management, IT Governance, and much more.

As a result, the company has bought over 50 copies to date and I have been recommending this book to our new employees, partners, and customers worldwide who want to build up their knowledge and implementation skills in Project Portfolio Management.

Eddy Pauwels

Serena Software

Antwerp, Belgium
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Format: Kindle Edition
The book is divided into two parts, one written by Levine and the second is an integration of several contributions. The Levine's part is mostly a kind of essay of what Levine thinks project portfolio management should be and why it is important, it is mostly an opinion. I have found few tools and techniques.
The second part is a nice collection of cases and stories buy again, showing few tools or practical steps to help in building a real project portfolio process. I have selected this book as a text book for my class (Portfolio Management, Master of IT Administration) and it was useful in the sense that my students overviewed the importance of portfolio. It helps too because it is mostly IT oriented. However I have had to teach students the tools and techniques with my own material or referring other readings.
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Format: Hardcover
This book clears the air on what PPM really is. It truly is a set of business practices that integrates projects with other business operations. I was hired by a client to refurbish their Program Management Office (PMO) and if I had known about the existence of this book, life would have been a lot easier. I endeavored to introduce the idea of selecting the right projects as a responsibility of the PMO, seeing as how there were projects dragging on for many years with no end in sight. The client had many divisions and divisional directors can get very territorial! They had no problem with unproductive projects languishing. The User community had become hardened and found ways to circumvent the work load and workflows and found alternate means to get their daily tasks accomplished. It was an uphill struggle which culminated in my favor when the CIO decided to reorganize the IT department!

I wanted to revamp the PMO into what I considered to be the three PPM management and coordination framework areas: Strategic - Program Management; Coordination - Program & Project Development; Tactical - Project Management & Planning. The PPM approach, I think, is geared more towards the Strategic framework area.

My approach for the Strategic framework was: Align Program to Business Strategy; Project to Program goals; Assess Project viability; Launch/Halt Projects; Resolve goals conflicts between projects; Resolve Resource Conflicts between projects; Manage Program & Projects to Business Critical Dates; Respond to changes in business environment.

Other interesting tips can be found at [...].
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Format: Hardcover Verified Purchase
I bought this book for a class at college and I find it very interesting.

I think that Levine made an excellent job packing the fundamental basis around PPM and several study cases with best practices of some enterprises that have implemented this work concept.

The language of the book is clear an sober, perfect who those that are beginning in this area.
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Format: Kindle Edition
I borrowed this book trying to get ideas to build the PMO in my work , I am amazed by the quality of knowledge , the simplicity of delivering the message through several examples ordered in an appropriate sequence to build the understanding of what is PPM. Thank you Mr. Levine for taking the decision in compiling all your experience and those related to the field.
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Format: Hardcover Verified Purchase
I bought this book for my assignment on my master degree and really help me to understand the implications on managing a project office. Gave me tips on how to assess the risks and reduce it in order to have a successful project office.
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Format: Kindle Edition Verified Purchase
The book content is good and covers the subject in good extent.
However the chapter organization is not intuitive and it lacks a more didatic approach.
There are few ilustrations, schematics and so on.
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