Project Planning with Quantitative Tools: Goodpasture emphasizes the use of quantitative methods for project planning. Techniques such as Critical Path Method (CPM), Program Evaluation and Review Technique (PERT), and Gantt charts are explained for effective project scheduling.
Risk Management and Analysis: The book likely covers quantitative risk assessment methods like Monte Carlo simulation or decision tree analysis to assess project risks and uncertainties, allowing for better risk management strategies.
Resource Allocation and Optimization: Quantitative methods can aid in optimizing resource allocation by using mathematical models to allocate resources efficiently across various project activities.
Cost Estimation and Control: Techniques for quantitative cost estimation, budgeting, and cost control within project management are likely discussed, including methods like earned value management (EVM).
Quality Management with Quantitative Tools: Integration of quantitative quality management methods such as statistical process control (SPC) and quality control charts to monitor and improve project quality may be addressed.
Performance Metrics and Measurement: The book might cover various quantitative performance metrics used to measure progress, efficiency, and success in project management, enabling informed decision-making.
Decision Analysis: Quantitative decision-making tools, like decision trees or sensitivity analysis, are probably explored to assist project managers in making informed and data-driven decisions.
Project Forecasting Techniques: Quantitative forecasting methods for predicting project outcomes and timelines, such as trend analysis or regression, could be discussed.
Communication of Quantitative Data: Effective communication of quantitative data to stakeholders is crucial. Goodpasture might provide insights into presenting complex quantitative information in a clear and understandable manner.
Continuous Improvement through Data Analysis: The book likely encourages the use of quantitative analysis to identify areas for improvement and foster a culture of continuous improvement in project management practices.
Language | English |
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ISBN-10 | 8131522644 |
ISBN-13 | 9788131522646 |
No of pages | 288 |
Font Size | Medium |
Book Publisher | Cengage Learning |
Published Date | 31 Aug 2003 |
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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.