There is often a deep disconnect between the project team‎'‎s goals and those of the organization‎.‎ Senior management wants ‎"‎profitable‎"‎ projects‎,‎ but is only able to quantify its wishes in terms of the traditional project management elements‎:‎ schedule and cost‎.‎ To operate smoothly‎,‎ the entire organization must be driven by the single goal of project profitability‎.‎ Total Project Control presents valuable enhancements to the traditional project management approach‎,‎ introducing new metrics and techniques for assessing the performance and profitability of projects‎.‎ Demonstrating how to maximize the business value of a project‎,‎ this book discusses new profitability‎-based data metrics‎,‎ such as expected monetary value ‎(‎EMV‎)‎‎,‎ expected project profit ‎(‎EPP‎)‎‎,‎ Devaux‎'‎s Index of Project Performance ‎(‎DIPP‎)‎‎,‎ critical path drag‎,‎ drag cost‎,‎ and the cost of leveling with unresolved bottlenecks ‎(‎CLUB‎)‎‎.‎ The impact of implementing these metrics can be far reaching‎.‎ Not only will good management decisions‎,‎ at both the project and executive levels‎,‎ be supported by quantitative data‎,‎ but bad decisions will become harder to justify‎.‎This book shows how to compute and use the new metrics to rightsize staffing levels for projects‎,‎ programs‎,‎ and organizations‎.‎ It also explains what every project manager needs to know about earned value tracking‎:‎ its uses‎,‎ abuses‎,‎ value‎,‎ distortions‎,‎ and potential fixes‎.‎ The book then extends these metrics into techniques for indexing‎,‎ tracking‎,‎ progressing‎,‎ and improving the business value of projects‎.‎ See What‎'‎s New in the Second Edition‎:‎ * Includes new diagrams and new ways of computing critical path drag in complex networks * Introduces DIPP Performance Index tracking * Offers new exercises in how to compute critical path drag and drag cost and use them to maximize project value * Focuses on topics senior management needs to be assured the project team is using to maximize project profitability

• Author‎:‎ Stephen A‎.‎ Devaux
• Publisher‎:‎ CRC Press
• ISBN‎:‎ 9781498706773