Project Management Annotated Bibliography

Hillson, D. (2017). Exploiting future uncertainty: creating value from risk. Routledge.

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Hillson looks at what comprehensively constitutes project management. In the text, the author shows the need to deal with uncertainty as an element of management. Within this context, the author presents such uncertainty as either risks or advantages. The author explains the intricate role of risk management organizations and projects as well as elucidate some of the challenges that are attributable to lack of comprehensive risk management strategies. .According to the author, management entails tuning such risks into fortunes. Therefore, the author gives a nuanced exposition on how managers can create value from even the most unpredictable risks. The text contains basic risk concepts, how to make risk management work in practice, and risk management in a broader context.

Ziek, P., & Anderson, J. D. (2015). Communication, dialogue and project management. International Journal of Managing Projects in Business, 8(4), 788-803. Retrieved from http://dx.doi.org/10.1108/IJMPB-04-2014-0034.

The authors frame project management as not being just an end in itself but rather a means to an end. In this process, the authors exemplify the roles that project communication plays in generating decisions. It captures some of the critical elements that a project communication should have such as timeliness, accuracy and clarity. The authors also explore in detail how the communicative activities of the project managers create an essential dialogue which determines the content, course and outcome of a project. In essence, the authors depict communication as a critical tool for creating seamlessness among all the stakeholders in a project.

Kutsch, E., Ward, J., Hall, M., & Algar, J. (2015). The contribution of the project management office: A balanced scorecard perspective. Information Systems Management, 32(2), 105-118. Retrieved from http://dx.doi.org.ezproxy.liberty.edu/10.1080/10580530.2015.1018768

The article espouses some of the motivations for organizations to establish project management offices. It recaptures the reasons including the need to cut operation cost, efficiency and improvement of success rates. Apart from demystifying the roles of project management offices (PMOs), the author further elucidates some of the challenges that such PMOs face in a dynamic operational environment. The article provides the benchmark for justifying the need or otherwise of PMOs by giving fresh insights into their successes and failures. It also provides the rationale and comprehensive structure for setting up and sustaining the PMOs.

Garlick, A. (2017). Estimating risk: a management approach. Routledge.

Garlick's book looks at the roles that quantitative techniques play in modern risk management. The author shows how irresponsive organization management results in low risk processing and mitigation. Therefore, the book author argues for the need for organizations to use risk models in informing their risk decision making. This book provides a comprehensive definition of a broad range of modelling techniques supported with proper illustrations by business-relevant examples. The author further discusses the role of the risk models in decision making with a primary emphasis on the cost of accepting the risk. With its scientific and well-grounded theoretical backgrounds, the book provides a critical view of the acuity that should be inculcated in risk management. Therefore, it helps managers and specialist advisors in attaining a more advanced approach to risks.

Hillson, D. (2017). Managing risk in projects. Routledge.

The author appreciates the complexity of projects and asserts the critical need for risk management for the success of any project. The text provides a concise emphasis on the central concepts necessary for understanding why and how risk management needs to be employed in every project irrespective of their types and sizes. The author provides a generic approach to risk management that is consistent with international best practices and guidelines. The author also introduces some fundamental developments in the field of risk management by ensuring that managers gain a concise understanding of the current best practices in project risk management. The primary aim of the author is to enable project managers, project financiers and other stakeholders responsible for risk management achieve effectiveness in their operations

Harrison, F., & Lock, D. (2017). Advanced project management: a structured approach. Routledge.

Harrison and Lock try to bridges the void existing between introductory texts on project management and specialized writings on professional project management practice. It serves a dual purpose of proving a guide that managers involved in project management can rely on as well as reference material for advanced studies. It captures some of the progressive topics in project management including project definition and appraisal, Procurement and the supply chain and Cost and management accounting. It also provides a detailed explanation on critical path analysis. The author also expounds on how an increased treatment of resource scheduling and risk management results in project efficiency and success.

Webb, A. (2017). The project manager's guide to handling risk. Routledge.

The author states that risk management is an inevitable component of project management. The author underscores the intricate relationship between risk management and the outcome of a project. This guide offers practical direction for risk management in a way that project managers can begin to construe the roles that risks can play in their success or otherwise. The text systematically explains how people's conception of risks have changed over time, the typology of risks and the foundations on which risk analysis is premised. The author retraces the life cycle of projects to depict the points at which risks are likely to emerge as well as explain the various tools or techniques that the managers can use for risk analysis and management. The book also appreciates the transformational role that technology has played in risk management such as proving a range of software tools that analyze the various aspects of risk management.

References

Garlick, A. (2017). Estimating risk: a management approach. Routledge.

Harrison, F., & Lock, D. (2017). Advanced project management: a structured approach. Routledge.

Hillson, D. (2017). Managing risk in projects. Routledge.

Hillson, D. (2017). Exploiting future uncertainty: creating value from risk. Routledge.

Kutsch, E., Ward, J., Hall, M., & Algar, J. (2015). The contribution of the project management office: A balanced scorecard perspective. Information Systems Management, 32(2), 105-118. Retrieved from http://dx.doi.org.ezproxy.liberty.edu/10.1080/10580530.2015.1018768.

Webb, A. (2017). The project manager's guide to handling risk. Routledge.

Ziek, P., & Anderson, J. D. (2015). Communication, dialogue and project management. International Journal of Managing Projects in Business, 8(4), 788-803. Retrieved from http://dx.doi.org/10.1108/IJMPB-04-2014-0034.