Reinventing Project Management: The Diamond Approach To Successful Growth And Innovation

Aaron j. Shenhar

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Projects are the engines that drive innovation from idea to commercialization. In fact, the number of projects in most organizations today is expanding while operations is shrinking. Yet, since many companies still focus on operational excellence and efficiency, most projects fail—largely because conventional project management concepts cannot adapt to a dynamic business environment.

Moreover, top managers neglect their company's project activity, and line managers treat all their projects alike—as part of operations. Based on an unprecedented study of more than 600 projects in a variety of businesses and organizations around the globe, Reinventing Project Management provides a new and highly adaptive model for planning and managing projects to achieve superior business results.

What will you learn from this book

  1. Diamond Approach: Introduces the "Diamond Approach," a framework that emphasizes four dimensions of success in project management: Technology, Goals, Management Processes, and Context.

  2. Adaptive and Agile Project Management: Encourages adaptability and flexibility in project management methodologies, allowing for quick adjustments to changing circumstances and priorities.

  3. Project Risk Management: Emphasizes the identification, assessment, and proactive management of risks to enhance project outcomes and reduce potential negative impacts.

  4. Innovation in Project Management: Encourages a culture of innovation within project teams, promoting creative problem-solving and new approaches to achieve project objectives.

  5. Strategic Alignment: Advocates aligning project goals with the overall strategic objectives of the organization to ensure projects contribute to the company's growth and success.

  6. Balancing Constraints: Focuses on balancing project constraints, such as scope, time, cost, quality, and risk, to achieve optimal outcomes without compromising project objectives.

  7. Team Collaboration and Communication: Emphasizes the importance of effective collaboration, communication, and teamwork among project stakeholders to ensure project success.

  8. Project Leadership: Recognizes the significance of strong project leadership, including inspiring vision, effective decision-making, and guiding project teams toward success.

  9. Lessons from Project Failures: Encourages learning from past project failures or setbacks to improve future project planning and execution.

  10. Continuous Improvement: Promotes a culture of continuous improvement, encouraging project teams to evaluate performance, learn from experiences, and refine project management practices.

Language English
ISBN-10 9781591398004
ISBN-13 9781591398004
No of pages 276
Font Size Medium
Book Publisher Harvard Business Review Press
Published Date 14 Aug 2007

About Author

Author : Aaron j. Shenhar

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