16Feb2012
November 16, 2010 Hilton Parsippany
Decision Making and Analytic Hierarchy Process (AHP)
in the context of Project Portfolio Management (PPM)
PDP Information:
Program Number: C020-16112010
Program Title: "Decision Making and Analytic Hierarchy Process (AHP) in the context of Project Portfolio Management (PPM)" 
PDUs: 1.5 
Activity Sponsor: PMINJ Chapter


The meeting slides can be downloaded
 
Michael J. Bible, MSPM, PMP and Susan S. Bivins, MSPM, PM

For an organization to meet the promise of Project Portfolio Management (PPM) and enjoy the rewards that a well-run PPM program can offer, organizations ultimately need to be able to move resources from less valuable to more beneficial projects.  This requires that an organization: 

  • Can identify its projects 
  • Knows how and where resources are deployed across its projects 
  • Is able to effectively value its projects 
  • Can convince stakeholders of less valued projects to give up resources in service of more useful projects
While organizations vary in their PPM practice maturity, few organizations have mastered the art of convincing stakeholders to move resources to more beneficial projects.  The primary reason is that the general practice of valuing projects fails to adequately capture the true benefit of a project to an organization and, perhaps as importantly, fails to convince stakeholders to believe and accept its outcomes.  The reasons for the failure of project valuation processes are many, but often it is because common project valuation processes do not adequately measure both the quantitative and qualitative benefits that projects bring to their organizations. 

There are, however, project valuation processes and tools that can help organizations measure projects on their quantitative and qualitative merits and do so in a collaborative manner that better ensures buy-in among stakeholders.  One such process is the Analytic Hierarchy Process (AHP) – a decision making process that was developed in the 1970s and has been successfully applied across commercial and government organizations.  This presentation will discuss how AHP can be applied to the practice of PPM and also become the key ingredient in helping organizations realize the true merit of PPM. 

While Rich Dougherty was looking forward to provide his presentation on "Decision Making and Analytic Hierarchy Process (AHP) in the Context of Project Portfolio Management (PPM)", he suddenly experienced an unavoidable business conflict.   He worked with the Speaker Team to select two excellent replacements -- Michael J. Bible, MSPM, PMP and Susan S. Bivins, MSPM, PMP.

Michael J. Bible has twenty-five years of professional and leadership experience supporting the U.S. Department of Defense, of which the last 12 years have been dedicated to project and program management of test and evaluation programs for major defense acquisition programs.  He specializes in project management of complex technical projects and as a former owner of an engineering services firm, applied strategic planning to establish organizational direction while utilizing project portfolio management to successfully grow the company in alignment with business initiatives. 

The other speaker, Susan S. Bivins, has more than twenty-five years of management and leadership experience dedicated to delivering successful information technology, organizational change management and professional consulting services projects for major global corporations.  She specializes in project and portfolio management; international, multi-cultural and multi-company initiatives; and business strategy integration in the private and public sectors.  Michael and Susan are working closely with Expert Choice to write a book on project and project portfolio management and the role of AHP.
 


Networking Program:

Topic: Today’s Job Market - Expectations, Perspectives and Effectiveness 

If you respectfully follow the “standard process” in pursuing job opportunities, you may be experiencing inadequate responses. You may not like what you hear, but this presentation attempts to explain why limited results are achieved in responding to job postings.  By learning about the realities of job opportunities and candidates, your perspective and expectations of job boards and company career sites will change.  You may be more motivated to pursue a strategic (vs. reactive) approach.

Join John Seber, Chief Operating Officer of Velankani Information Systems Inc. for a stimulating conversation on how to improve your effectiveness in job search.
     


NJ PMO LCI Program:

Topic: PMO 101

This session will be on PMO 101 – which will cover everything you wanted to know about a PMO but were afraid to ask. Join us to learn, discuss about:
  • what is a PMO?
  • why you need one?
  • how to work with a one, and many more topics.
It’s an informal and interactive session so bring your questions. You have an opportunity to network and learn from experts.