Book 1 - An Introduction to Project Management, 4th Edition,
by Kathy Schwalbe, 2012
General Observations and Recommendations
This book is a comprehensive and thorough treatise on its subject. It is well
written with a good balance between text, tables, charts and illustrations. It
is easy to read, though the amount of relatively in-depth content provided may
seem overwhelming at times. But remember that the book is intended as a reference
companion for an academic course. However, the load is brightened from time to
time by the introduction of humorous sketches or comic strips.
The book contains many interesting insights. For example, on "Project Portfolio
Selection":
"Projects and programs have existed for a long time, as has some form of project
portfolio management. There is no simple process for deciding how to create project
portfolios, but the goal of project portfolio management is clear: to help maximize
business value to ensure enterprise success. You can measure business value in
several ways, such as in market share, profit margins, growth rates, share prices,
and customer or employee satisfaction ratings.
Many factors are involved in ensuring enterprise success. Organizations cannot
only pursue projects that have a special financial value. They must also consider
resource availability (including people, equipment, and cash); risks that could
affect success; and other concerns, such as potential mergers, public relations,
balancing investments, and other factors that affect enterprise success."[4]
Another example:
"Some organizations spend a great deal of time and money on training efforts
for general project management skills, but after training, a project manager might
still not know how to tailor their project management skills to the organization's
particular needs. Because of this problem, some organizations develop their own
internal project methodologies. The PMBOK® Guide is a standard
that describes best practices for what should be done to manage
a project. A methodology describes how things should
be done"[5]
In an early section, Kathy suggests that project managers and their teams must
develop their knowledge and skills in the following areas:[6]
- All nine project management (PMBOK) knowledge areas
- The application area (domain, industry, market, etc.)
- The project environment (politics, culture, change management, etc.)
- General management (financial management, strategic planning, etc.)
- Human relations (leadership, motivation, negotiations, etc.)
If you can master all of that, you should be a CEO in no time!
In our opinion, this book provides sound practical advice, and excellent content
for the thorough study of its subject.
R. Max Wideman
Fellow, PMI
4. Schwalbe, p59
5. Ibid, p79
6. Ibid, p18
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