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Managing Amidst Rapid Change

Book Description

The ability to deliver value in dynamic environments has become an essential skill for today’s project managers given the ever increasing rates of change driven by deregulation, the information age, and globalization. Managing Amidst Rapid Change responds to this new reality with specific management techniques that refine the theory of how best to handle projects significantly challenged by dynamism. Combining management research with advice from experienced practitioners across 10 industries, and interspersed with analyses of case studies from Google, NASA, and IBM, to name just a few, this practitioner-focused book proposes a new theoretical model for managing rapid change in projects.

Table of Contents

  1. Cover Page
  2. Title Page
  3. Copyright Page
  4. Table of Contents
  5. List of Figures
  6. List of Tables
  7. List of Case Studies
  8. List of Abbreviations
  9. Foreword
  10. Chapter 1: Introduction
    1. Chapter Summaries
      1. Chapter 1 – Introduction
      2. Chapter 2 – Dynamic Environments
      3. Chapter 3 – Dynamic Planning
      4. Chapter 4 – Dynamic Control
      5. Chapter 5 – Dynamic Culture and Communication
      6. Chapter 6 – Dynamic Leadership and Decision Making
      7. Chapter 7 – Dynamic Experimentation
      8. Chapter 8 – Dynamic Practitioner Guide - Principles and Techniques
    2. Data Sources
      1. Interviews and Focus Groups
      2. Interview Participants
      3. Focus Group Participants
      4. Publications Emanating from the Research
  11. Chapter 2: Dynamic Environments
    1. What is Dynamism?
      1. Why Traditional Needs Tweaking
      2. What is Different about Dynamic Projects?
      3. What's the Key Challenge for Dynamic Projects?
      4. Alternate High-Level Approaches
    2. Compatibility with the PMBOK® Guide
    3. Extending the PMBOK® Guide
    4. Dynamism Examples
      1. Changing Materials, Resources, Tools, and Techniques During the Project Life Cycle
      2. Changing Relationships with Other Related Projects, Services, or Products
      3. Changing Goals
    5. Can we Resist Dynamism?
    6. What can we do about Dynamism?
      1. Knowing to Customize your Approach
      2. What about Dynamic Capabilities
      3. What about Agile?
      4. What about Complexity?
    7. Is Dynamism your Biggest Problem?
    8. Definitions
    9. Summary
  12. Chapter 3: Planning for Dynamic Environments
    1. Introduction
    2. The Traditional Approach
    3. Dynamic Planning
      1. Single-Version Projects – Iterative Planning Only
      2. Multi-Version Projects – Fully Iterative
      3. Dynamic Planning Examples
    4. Staging with Gates
    5. Simplification – Smallest Possible Stage 1
    6. Simplification and Staging Examples
    7. Contract Terms
    8. Calculating the Cost of Lost Opportunity
    9. Summary
  13. Chapter 4: Dynamic Control
    1. Static Project Control using the Plan
    2. Input and Output Control
    3. Diagnostic, Belief, Interactive and Boundary
    4. Analogy – Driving to a Destination
    5. Analogy – Delivering a Package Destination
    6. Examples of Dynamic Control
    7. Summary for Dynamic Control
  14. Chapter 5: Dynamic Culture and Communication
    1. Culture and Communication Approaches for Dynamic Environments
      1. Exploration Culture
      2. Egalitarian and Collaborative
      3. Fewer Rules
      4. Faster and More Informal Communication
    2. Dynamic Culture Examples
    3. Dynamic Communication Examples
    4. Summary for Dynamic Culture and Communication
  15. Chapter 6: Dynamic Leadership and Decision Making
    1. Balancing Stability with Flexibility
    2. Situational Awareness
    3. Swift Trust
    4. Rapid Decision Making
      1. Rapid Feedback Loop
      2. Clear Authority
      3. Devolved Responsibility
      4. Focus on Pragmatism
      5. Developed Alternatives
      6. Pre-Planned Responses
    5. Political Skills
    6. Experience
    7. Courage to Say No
    8. Courage to be Realistic
    9. Examples of Decision Making
    10. Examples of Leadership Style
    11. Summary
  16. Chapter 7: Dynamic Experimentation
    1. Structured Experimentation
    2. Competing Experiments
    3. Fail as Quickly and Cheaply as Possible
    4. Moonshot Projects
    5. Moonshot Portfolios
    6. Practitioner Examples of Competing Experiments
  17. Chapter 8: Dynamic Practitioner Guide - Principles and Techniques
    1. Dynamic Planning
    2. Guidelines Controls
    3. Egalitarian, Goal-Orientated Culture that Supports Experimentation
    4. Timely and Efficient Communication
    5. Flexible Leadership with Rapid Decision Making
    6. Structured Experimentation
    7. Summary of Themes
  18. Afterword
  19. References