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Harvard Business Review Project Management Handbook: How to Launch, Lead, and Sponsor Successful Projects

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The one primer you need to launch, lead, and sponsor successful projects.

We're now living in the project economy. The number of projects initiated in all sectors has skyrocketed, and project management skills have become essential for every leader and manager. Still, project failure rates remain extremely high. Why? Leaders oversee too many projects and have too little visibility into them. Project managers struggle to translate their hands-on, technical knowledge up to senior management. The result? Worthy projects are starved of time and resources and fail to deliver benefits, while too much investment goes into the wrong projects. To compete in the project economy, you need to close this gap. The HBR Project Management Handbook shows you how.

In this comprehensive guide, project management expert Antonio Nieto-Rodriguez presents a new and simple framework that will increase any project's likelihood of success. Packed with case studies from many industries worldwide, it will teach you how to manage your organization's projects, strategic programs, and agile initiatives more effectively and push the best ones ahead to completion. Timeless yet forward-looking, this book will help you win in the project-driven world.

In the HBR Project Management Handbook you'll find:

  • Everything you need to know about project management in practical, nontechnical language
  • A definitive taxonomy of project types, from product launches to digital transformations to megaprojects
  • A road map for becoming an effective project leader and executive sponsor
  • A new, simple, and universal project framework, the Project Canvas, that breaks down any project into essential building blocks that can be easily understood by all project stakeholders
  • Original concepts and exclusive case studies from public- and private-sector organizations worldwide

You'll learn:

  • A common language for project managers and executives to run successful projects across your organization
  • When to use agile, traditional, or hybrid methods in your projects
  • The twelve principles of successful projects, including purpose, agility, and a focus on outcomes
  • Techniques for selecting and advancing the best projects and managing a strategic and balanced project portfolio
  • How today's projects will help address some of the most pressing global trends, including automation, sustainability, diversity, and crisis management
  • Why project management needed to be reinvented and what the future holds

HBR Handbooks provide ambitious professionals with the frameworks, advice, and tools they need to excel in their careers. With step-by-step guidance, time-honed best practices, and real-life stories, each comprehensive volume helps you to stand out from the pack—whatever your role.

ISBN-13: 9781647821258

Media Type: Paperback

Publisher: Harvard Business Review Press

Publication Date: 10-19-2021

Pages: 352

Product Dimensions: 6.00(w) x 9.20(h) x 1.00(d)

Series: HBR Handbooks

Antonio Nieto-Rodriguez is an author, practitioner, and consultant who teaches strategy and project implementation to senior leaders. He is a visiting professor and a frequent guest speaker at business schools and project management events around the world. He has held leadership positions at PricewaterhouseCoopers, BNP Paribas Fortis, and GlaxoSmithKline. His research has been recognized by Thinkers50 with its prestigious "Ideas into Practice" award, and he is featured in the 2020 Global Gurus Top 30 list of management professionals. He served as chairman of the global Project Management Institute, and in that role he launched the Brightline Initiative. He is also the founder of Projects & Co, cofounder of the Strategy Implementation Institute, and a member of the Marshall Goldsmith 100 Coaches group. He is the author of three books, The Project Revolution, Lead Successful Projects, and The Focused Organization.For more information, follow him on LinkedIn or on Twitter @ANietoRodriguez or visit antonionietorodriguez.com.

Table of Contents

Introduction: Welcome to the Project Economy 1

From a world driven by efficiency to a world driven by change 3

The rise of the Project Economy 4

The path to becoming a project leader 6

The first project management book for everyone 8

Part 1 Project Fundamentals for Everybody

1 Projects Everywhere 15

From a World Driven by Efficiency to a World Driven by Change

Operations run the organization, but projects change the organization 16

The proliferation of projects in organizations 20

Projects after the pandemic 25

2 What Is a Project? 29

From Product Launches to Digital Transformations to Megaprojects

Definitions 29

Classification of projects 33

Examples of common projects 36

3 What Project Management Is Now 43

And Why It Needed to Be Reinvented

The reinvention of project management 44

Pushing the reinvention further 53

Part 2 The Project Canvas

4 Introduction to the Project Canvas 67

One Tool for Any Project: Traditional, Agile, or Hybrid

Simple, universal, and proven 68

Outline of the canvas parts 69

5 The Foundation 73

Purpose, Investment, Benefits

Purpose: Why are we doing the project? 75

Investment: How much will the project cost? 82

Benefits: What benefits and value will the project generate? 85

6 The People 97

Sponsorship, Resources, Stakeholders

Sponsorship: Who will be accountable for the project? 99

Resources: Who will manage the project, and which skills are needed to deliver the project? 108

Stakeholders: Who will benefit from and be affected by the project? 119

7 The Creation 129

Deliverables, Plan, Change

Deliverables: What will the project produce, build, or deliver? 131

Plan: How and when will the work be carried out? 142

Change: How will we engage stakeholders and manage the risks? 151

8 Putting the Project Canvas into Practice 165

Adopting the Canvas in Your Organization

How to use the Project Canvas 167

Writing the Project Canvas block by block 169

Case studies of the Project Canvas in action 175

Applying the Project Canvas to agile initiatives 182

Tips for introducing the Project Canvas in your organization 188

Example of an organization implementing the Project Canvas 191

Part 3 Individual and Organizational Project Competencies

9 Project Leadership 197

Competencies for Effective Project Management and Sponsorship

The growing need for effective project leaders 198

Project leadership qualities and competencies 203

10 Selecting and Prioritizing Projects 217

Managing Your Project Portfolio

Why prioritization helps 218

Benefits of managing a portfolio 226

The hierarchy of purpose: A better way to prioritize 235

11 The Agile and Project-Driven Organization 243

Building the Structure and Culture Needed for Project Success

How some Chinese companies embody organizational agility 245

Benefits of a lean, agile, and project-driven structure 250

Obstacles to becoming an agile and project-driven organization 251

Part 4 A Better Future through Projects

12 Project Managing a Better Future 265

Tomorrow's Innovations and Disruptions in Project Management

Crisis management is project management 266

Diversity (and diversity of thinking) and project success 274

The role of technology 280

The sustainability revolution 288

Conclusion: The Project Manifesto 297

Ready to succeed with your projects 301

Appendix: The Benefits Card 303

Notes 309

Index 319

Acknowledgments 327

About the Author 329