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Preface
Every project needs management for two reasons. The rst is to plan and
manage the tasks of a project and to coordinate getting the work done.
The other is to optimize the value of a project as an investment. Managing
projects as investments is the new frontier of project management. This
book is focused on introducing the tools and methods for optimiz-
ing projects as investments. Texts such as my 1999 Total Project Control:
A Manager’s Guide to Integrated Project Planning, Measuring, and Tracking
(Wiley) are aimed primarily at the rst function of project management—
managing the work—and are written for the “practitioners” of projec ...