New Book

The Business of Projects: Managing Innovation in Complex Products and Systems
Andrew Davies, Michael Hobday

A scholarly book about the contemporary project management, indicating the migration of the ptoject management from th rigid tool based approaches to approaches giving more value to innovation and system integration.

I have not completely covered the book. Keep here posted as I progress.

References:System Dynamics in Project Management

Simulation mehtods have been used to analyse the project management since long time ago. However I think simulation methods has much more potentials for analysis of practices in project management. Below is a list of the academic references for the ones who are interested to investigate in this area:



Abdel-Hamid, T. K. (1988). "Understanding the 90% syndrome in software project management: A simulation case study ". Journal of Systems and Software 8: 109-119.

Abdel-Hamid, T. K. (1990). "On the Utility of Historical Project Statistics for Cost and Schedule Estimation: Results from a Simulation-based Case Study". Journal of Systems and Software 13: 71-82.

Abdel-Hamid, T. K. (1992). "Investigating the impacts of managerial turnover succession on software project performance ". Journal of Management Information Systems 9: 127-144.

Abdel-Hamid, T. K. and S. E. Madnick (1991). Software Project Dynamics: An integrated approach. Prentice Hall. USA

Ackermann, F., C. Eden and T. Williams (1997). "Modeling for Litigation: Mixing Qualitative and Quantitative Approaches". Interfaces 27(2): 48-65.

Ford, N. D. (1995). The Dynamics of Project Management: An Investigation of the Impacts of Project Process and Coordination on Performance. Department of Civil and Environmental Engineering, Massachusetts Institute of Technology. PhD dissertation.

Ford, N. D., D. M. Lander and J. J. Voyer (2002). "A real option approach to valuing strategic flexibility in uncertain construction projects". Construction Management and Economics 20: 343-351.

Ford, N. D. and J. Sterman (1998). "Dynamic Modeling of product development processes". System Dynamics Review 14(1): 31-69.

Howick, S. (2003). "Using system dynamics to analyse disruption and delay in complex projects for litigation: can the modelling purposes be met?" Journal of Operational Research Society 54: 222-229.

Howick, S. (2005). "Using system dynamics models with litigation audience". European Journal of Operational Research 162: 239-250.

Levary, R. R. and C. Y. Lin (1991). "Modelling the Software Development Process Using and Expert Simulation System Having Fuzzy Logic". Software-Practice and Experience 21(2): 133-148.

Levary, R. R., D. J. Synott and C. Y. Lin (1988). "An Intelligent Dynamic Simulation Model for Designing Software Development Processes". OMEGA 16(6): 569-575.

Love, P. E. D., G. D. Holt, L. Y. Shen, H. Li and Z. Irani (2002). "Using system dynamics to better understand change and rework in construction project management systems". International Journal of Project Management 20: 425-436.

Lyneis, J., K. Cooper and A. E. Sharon (2001). "Strategic management of complex projects: a case study using system dynamics". System Dynamics Review 17(3): 237-260.

Repenning, N. P. (2000). "A dynamic model of resource allocation in multi-project research and development systems". System Dynamics Review 16(3): 173-212.

Roberts, E. B. (1964). The Dynamics of Research and Development. Harper and Row. USA

Roberts, E. B. (1974). "A Simple Model of R&D Project Dynamics". In E. B. Robert (Ed). Managerial Applications of System Dynamics. Cambridge, MA, Productivity Press: 293-314.

Rodrigues, A. and J. Bowers (1996). "The role of system dynamics in project management". International Journal of Project Management 14(4): 213-220.

Rodrigues, A. and T. Williams (1998). "System Dynamics in project management: assessing the impacts of client behaviour on project performance". Journal of Operational Research Society 49: 2-15.

Williams, T. (2002). Modelling complex projects. Wiley. Chichester

Williams, T., F. Ackermann and C. Eden (2003). "Structuring a delay and disruption claim: An application of cause-mapping and system dynamics". European Journal of Operational Research 148: 192-204.

Williams, T., C. Eden, F. Ackermann and A. Tait (1995). "The Effect of Design Changes and Delays on Project Costs". Journal of Operational Research Society 46: 809-818.

APM student memberships is free

Good news for students in project management. Student memebership to APM is free. visit their website at http://www.apm.org.uk/

References

It is very difficult to find good references for project risk management. Here I post some of the them which I can recommend to readers:

Chapman, C. B. and S. Ward (2003). Project risk management : processes, techniques and insights. Wiley. Chichester

Flyvbjerg, B., N. Bruzelius and W. Rothengatter (2003a). Megaprojects and risk: An anatomy of ambition. Cambridge University Press. Cambridge

Loch, C. H., M. E. Solt and E. Bailey (2004). Managing Projects with Unforeseeable Uncertainty: How a Learning Project Management Approach Can Improve Venture Capital Returns. Working Paper, INSEAD: 1-22.

Pich, M. T., H. C. Loch and A. D. Meyer (2002). "On Uncertainty, Ambiguity, and Complexity in Project Management". Management Science 48(8): 1008-1023.

Kick off

This is the kick off of this blog. I hope I can contribute to the knowledge in the project management area.