Every project is an investment. But unless the PMO is designed to elicit investment information at project initiation, and then to track expected ROI during execution, the project’s business value will likely be forgotten and frittered away.
This presentation will provide attendees with the information and documentation to set up the project’s investment metrics, including the value/cost of time, at initiation, and provide ROI-based enhancements to earned value metrics for tracking and maximizing ROI.
PMI Talent Triangle: Strategic and Business Management
STEPHEN A. DEVAUX
Stephen Devaux, M.Sc.P.M., is author of Managing Projects as Investments: Earned Value to Business Value and Total Project Control: A Practitioner’s Guide to Managing Projects as Investments (CRC Press, 2014 and 2015). He contributed chapters in two 2013 books: Project Management in the Oil and Gas Industries and Handbook of Emergency Response. Many of his innovative techniques and metrics are being used throughout the world, including critical path drag which has been encoded in Spider Project and Asta Powerproject software.
Devaux is President of Analytic Project Management of Newton, MA. His consulting and training customers include the US Air Force, Siemens, BAE Systems, iRobot, Wells Fargo, Wyeth Pharmaceuticals, and many others. Over the years, Devaux has taught graduate project management courses at Suffolk University, Brandeis University and University of the West Indies/Barbados, and in Executive Education programs at Bentley University and UMass/Lowell.
He is also the author of numerous articles and PMI webinars, a frequent speaker at PMI Chapter meetings throughout the US, and a veteran of US Army Intelligence, Vietnam.