Project Management Discussion 2

Readings

From the readings, you will learn and understand how project management developed from the basic framework and structure into more complex and evolved models as shown in portfolio management and the establishment of project management offices (PMOs).

Articles

Use the Capella University Library to read the following:

· Andersen, B., Henriksen, B., & Aarseth, W. (2007). Benchmarking of project management office establishment: Extracting best practices. Journal of Management in Engineering, 23(2), 97–104.

. This journal article discusses the pros and cons associated with the establishment of a PMO office in a large organization.

· Bates, W. S. (1998). Improving project management. IIE Solutions, 30(10), 42–43.

. This article defines the responsibilities and structure of the PMO office.

· Bommer, M., DeLaPorte, R., & Higgins, J. (2002). Skunkworks approach to project management. Journal of Management in Engineering, 18(1), 21–28.

. This addresses the need and method of forming a separate PMO team.

· Cogliandro, J. (2014). Adding dimensions to portfolio management. Industrial Engineer, 46(7), 28–33.

. This describes a PMO method that uses tools such as net present value (NPV) to calculate the value of a proposed project.

· Coulson, M. (2015). A strong PMO is more crucial than ever before. Policy & Practice, 73(1), 34–35.

. This author describes the importance of having an organizational PMO.

· Jusko, J. (2008). Portfolio management: Setting priorities. Industry Week, 257(2), 68–69.

. This article discusses the factors involved in maintaining a profitable portfolio.

· Nicholls, G., Lewis, N., & Eschenbach, T. (2015). Determining when simplified agile project management is right for small teams. Engineering Management Journal, 27(1), 3–10.

. This identifies the difference between agile and traditional planning methods for small projects.

E-Books

Use the Capella University Library to read the following:

· Project Management Institute.  A Guide to the Project Management Body of Knowledge (PMBOK® Guide)—Fifth Edition . Newtown Square. PA. 2013.

. Chapter 1, pages 1–18.