Many businesses consider Return on Investment (ROI)
a key success indicator—and maybe even a metric for compensation and bonuses. For many of these firms, projects are a key source of that ROI, making it all the more critical to understand how projects can be evaluated and selected to maximize their contribution to business success. And yet, research repeatedly shows that most projects fail to deliver expected benefits. This is where project and portfolio management come into play.
In this eBook, PPM industry expert Harvey A. Levine explores the key elements impacting project ROI
, such as project selection, planning, and risk. Further, he shows how the practices of Project Portfolio Management bridges the gap traditionally found between the project and executive sides of the enterprise. To do so, he discusses:
- the nature of investments, benefits, and risk
- the differences and similarities between projects and project portfolios
- how Project Portfolio Management provides a framework for project-based ROI
- a structured approach toward better project selection and benefits realization
- ROI concepts and models
- strategies for harmonizing NPI methods, models, and processes
About Harvey Levine, author of Project and Portfolio Management Fundamentals
Harvey Levine is a widely respected consultant, expert, and author on the topic of project management. He is the author of 3 books and over 300 articles and videos. He is a past president of Project Management Institute and a past PMI Fellow. With over 50 years of experience, he is an expert in PPM, PMOs, Risk Management, Earned Value, and PM tools.
While on the board of PMI, he was instrumental in the establishment of the PMBOK and the PMP certification standards. He was an early proponent of Project Portfolio Management, contributing to its establishment as an important component of project management and authoring the first substantive text on the subject. Harvey also provided guidance to the project management software industry on extending software capabilities to support PPM.