It is widely acknowledged that traditional Project Management techniques are no longer sufficient, as projects become more complex and client's demand reduced timescales. Problems that arise include inadequate planning and risk analysis, ineffective project monitoring and control, and uninformed post-mortem analysis. Effective modelling techniques, which capture the complexities of such projects, are therefore necessary for adequate project management. This book looks at those issues, describes some modelling techniques, then discusses their merits and possible synthesis.
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TERRY WILLIAMS is Professor and Head of the Management Science Department at Strathclyde University. After studying at Oxford and Birmingham he lectured at Strathclyde University in Operational Research before joining Engineering Consultants YARD (now BAe) where he worked for 9 years developing Project Risk Management and as Risk Manager for major projects. He re-joined Strathclyde University in 1992 and continues research and consultancy modelling on major projects, particularly as one of a team supporting multi-million dollar post-project Delay and Disruption claims in Europe and North America.
Dr Williams is Editor of the Journal of the Operational Research Society. He is a frequent conference speaker, and has published widely in many academic and professional journals and books. He is MAPM, PhD and CMath.
IN RECENT YEARS, the need for help in understanding project behaviour has been exacerbated, as projects have become more complex while time-scales have tightened, adding to project complexity. Project teams however, rarely pay sufficient attention to modelling the behaviour of projects and this can lead to inadequate risk analysis, ineffective project control, and uninformed "lessons learned".
Because the behaviour of complex projects is often puzzling, or counter-intuitive, we need models. This book presents a structured toolkit of techniques, developed gradually from the simple to the more complex, and provides examples to show where, when and why the techniques should be used. It looks at what causes project complexity, describes various aspects of project behaviour and develops modelling tools.
Starting with more traditional techniques modelling individual effects on projects, giving a full treatment (including some novel network concepts) the book enables readers to build breakdown - and network - type models. It also considers some of the more difficult aspects of modelling by moving into the "softer", more subjective, effects and then looking at systemic models of the effects as they come together. Finally, it looks at various methods of developing hybrid tools, to utilise the benefits of combinations of techniques.
Based on a wealth of practical experience and bringing together a range of tried and tested techniques, this book explains where the use of modelling can help estimate, monitor, control and analyse projects and thus lead to successful implementation.
WRITTEN FROM the standpoint of a practitioner who is also an academic, all of the techniques in Modelling Complex Projects have been used in practice, and a set of examples of real life projects are used throughout the project cycle to illustrate the effects that are modelled.
Providing a broad toolkit, with an integrated development through all the tools, this book will show analysts and workers in project management how to:
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