Project Workforce Estimating - Kerzner, Harold

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Résumé :

Preface xi

About the Companion Website xiii

1 The Future of Project Workforce Planning 1

Navigating the World of Limited Resources 1

Principles of Project Workforce Management 3

Workforce Management in the External Environment 6

Workforce Management and Legislation 7

Professional Development for Project Teams 8

Labor Rate Structures 9

The Role of Contract and Temporary Staff 10

Impact of Artificial Intelligence on Future Workforce Planning 11

2 The Complexities of Project Workforce Estimating 17

Sources for Workforce Estimation 17

Factors Influencing Workforce Estimation 18

Stakeholder Involvement in Workforce Staffing 20

The Key to Workforce Estimating 21

Earned Value Management Systems and the PMBOK? Guide 22

Direct Versus Indirect Project Costs 23

Breaking Down the Overhead Costs 24

Forward Pricing Rates: Salary 25

Calculating Available Work Hours 26

Work Authorization Form 27

Project Pricing Overview 27

Validating Estimation Assumptions 28

The Fuzzy Front End 30

Project Portfolio Management 32

The Value Proposition Behind Project Portfolio Software Tools 33

3 Techniques for Estimating Project Workforce Needs 35

Overview of Workforce Estimation Methods 35

From Labor Hours to Labor Costs 36

Enhancing Estimation Accuracy 36

Estimating Costs Per Hour 37

Parametric Estimating 38

Analogy Estimating 38

Ground-up (Grassroots) Estimation 39

Applying Learning Curves in Workforce Estimation 40

Understanding the Learning Curve Effect 41

Estimating Management and Support Needs 42

Identifying Hidden Labor Costs 43

The Impact of Documentation on Labor Costs 44

The Need for Workforce Backup Plans 45

Common Challenges in Workforce Estimation 46

The Essential Value of Enterprise Risk Management 47

4 Monitoring Workforce Expenditures 49

Initiating Workforce Expenditure Tracking 49

Converting Work Hours into Financial Metrics 50

Balancing Hours and Dollars in Project Tracking 50

Analyzing Workforce Metrics 52

Analyzing Spending Trends 53

Example of Termination Liability 55

Oversight of Workforce Expenditures 55

Setting Reporting Intervals for Workforce Status 57

Documenting Challenges in Workforce Reporting 57

Optimizing the Business Models Around Workforce Strengths 58

5 Growth of Innovation Project Teams 61

The Need for Innovation and Creativity 61

Introduction to Innovation 62

Types of Innovation 64

Co-Creation Innovation 69

Defining Innovation Success and Failure 72

Value: The Missing Link 74

The Innovation Environment 74

The Innovation Culture 77

Idea Generation 78

Understanding Reward Systems 79

Resources Management 80

The Power of the Agile and Hybrid Approaches 83

Innovation Project Management Future Skills 84

Innovation Portfolio Management 87

The Need for Innovation Metrics 89

Extracting the Business Value 93

The Value of Prompt Engineering in Fostering Innovation 95

References 96

6 Designing the Future Workforce 101

Identifying Desired Team Competencies 101

Perspectives on Project Management 102

Strategies for Workforce Recruitment 103

Degrees of Permissiveness 103

Commitment and Expectation Management 104

Engaging High-Value Team Members 105

Addressing Underperformance 105

Non-Financial Incentives for Motivation 106

Celebrating...

Biographie:

Harold Kerzner, PhD, is Senior Executive Director for Project Management at the International Institute for Learning, Inc. (IIL), a global learning solutions company offering professional training and consulting services worldwide. Dr. Kerzner's profound effect on the project management industry inspired IIL to establish, in coordination with PMI, the Kerzner International Project Manager of the Year Award, which is presented to a distinguished PMP^? or global equivalent each year.

Al Zeitoun, PhD, PgMP, is a PMI Fellow and has over 30 years of global experience in program/project management and strategic change, leading operational excellence for large corporations. He brings decades of global experience with multi-billion-dollar industry-leading organizations. He has implemented digital transformation as a key to accelerating revenue growth and driving market dominance, while redefining internal cultures to embrace and champion new Ways of Working and innovation mindset across all levels of the organization. Dr. Zeitoun has taught, trained, and coached professionals worldwide....

Sommaire:

Place the right people in the right roles at the right time with this essential guide

Project estimating, or project workforce planning, involves a systematic process of identifying and managing the key human resources required for efficient and effective completion of a project. This process necessarily balances a huge range of factors, from forecasting labor costs to managing team composition to incorporating relevant legislation and projecting the impact of artificial intelligence and market conditions. Effective workforce planning contributes to overall project success by ensuring that the right people are in the right roles at the right time.

Project Workforce Estimating: Best Practices for Project Managers offers a comprehensive overview of workforce planning, from foundational principles to advanced techniques. It offers a range of techniques and strategies that can be incorporated into planning for virtually any kind of project, along with detailed guidance to ensure accurate projections. Closely aligned with industry standards, it is a must-own for project managers looking to systematize a critical stage of project management.

Project Workforce Estimating: Best Practices for Project Managers readers will also find:

• Information aligned with standards such as the PMBOK^? Guide and Earned Value Management Systems
• A detailed exploration of global workforce estimation, project life cycle costing, and more
• A range of techniques and strategies suitable for any possible industry

Project Workforce Estimating: Best Practices for Project Managers is ideal for project managers, business analysts and consultants, executives and senior managers, and HR professionals....