Includes bibliographical references and index. Moustafaev, J. (2017). Project portfolio management in theory and practice: Thirty case studies from around the world. Boca Raton, FL: CRC Press.

Section I: The Theory -- Introduction to Project Portfolio Management -- Historical Case Study: Ibaraki Airport -- Sounds Comparable to YOur Company? -- PPM: A Quick Overview -- PPM Defined -- The Three Pillars of PPM -- What Happens without Project Portfolio and Proper Resourcing? -- What Is Happening in the Industry? -- Conclusions -- Summary -- The Three Pillars of Project Portfolio Management -- Introduction -- How to Determine Project Value? -- Financial Models -- Scoring Models -- How to Balance Portfolio? -- What Is Strategic Alignment? -- Top-Down Approach -- Bottom-Up Approach -- Top-Down, Bottom-Up Approach -- How It All Works in Real Life -- Joker Project Concept -- Summary -- Strategic Resource Estimation for Project Portfolios -- Introduction -- Improving Your Estimate Accuracy with Wideband Delphi and PERT -- Wideband Delphi -- Wideband Delphi "Light" -- Program Evaluation and Review Technique -- Other Things to Consider -- How to Improve Your Estimates? -- Common Estimation Oversights -- Sample Scenario Analysis -- Summary -- Section II: The Application: Industry Case Studies -- Project Portfolio Management in the Pharmaceutical Industry -- Pharmaceutical Sector Overview -- Pharmaceutical Sector Case Studies -- Introduction -- European Pharmaceutical Company A -- Strategy - The Scoring Model -- Portfolio Balance -- Strategic Alignment -- European Pharmaceutical Company B -- Strategy -- The Scoring Model -- Portfolio Balance -- Strategic Alignment -- European Pharmaceutical Company C -- Strategy -- The Scoring Model -- Portfolio Balance -- Strategic Alignment -- Summary -- Project Portfolio Management in the Product Development Industry -- Product Development Sector Overview -- Product Development Sector Case Studies -- Introduction -- Company A: Bearings Manufacturer -- Strategy -- Scoring Model -- Portfolio Balance -- Strategic Alignment -- Company B: Software Producer -- Strategy -- Scoring Model -- Portfolio Balance -- Strategic Alignment -- Company C: Rail Transport Company -- Strategy -- Scoring Model -- Portfolio Balance -- Strategic Balance -- Strategic Alignment -- Company D: Medical Equipment Manufacturer -- Strategy -- Scoring Model -- Portfolio Balance -- Strategic Alignment -- Company E: Food Packaging Company -- Strategy -- Scoring Model -- Portfolio Balance -- Strategic Alignmnet -- Company F: Satellite Operator -- Strategy -- Scoring Model -- Portfolio Balance -- Strategic Alignment -- Company G: Clothing Manufacturer -- Strategy -- Scoring Model -- Portfolio Balance -- Strategic Alignment -- Summary -- Project Portfolio Management in the Financial Industry -- Financial Sector Overview -- Financial Sector Case Studies -- Introduction -- Eastern European Bank A -- Strategy -- Scoring Model -- Portfolio Balance -- Strategic Alignment -- Western European Bank B -- Strategy -- Scoring Model -- Portfolio Balance -- Strategic Alignment -- North American Brokerage Company C -- Strategy -- Scoring Model -- Portfolio Balance -- Strategic Alignment -- Eastern European Bank D -- Strategy -- Scoring Model -- Portfolio Balance -- Strategic Alignment -- Summary -- Project Portfolio Management in the Energy and Logistics Industries -- Overview of the Energy and Logistics Sectors -- Energy and Logistics Sector Case Studies -- Introduction -- Energy Company A: Power Trader -- Strategy -- Scoring Model -- Portfolio Balance -- Strategic Alignment -- Energy Company B: European Electric Utility -- Strategy -- Scoring Model -- Portfolio Balance -- Strategic Alignment -- Energy Company C: Regional IT Department of a Global Oil and Gas Producer -- Strategy -- Scoring Model -- Portfolio Balance -- Strategic Alignment -- Energy Company D: Eastern European Electricity Company -- Strategy -- Scoring Model -- Portfolio Balance -- Strategic Alignment -- Logistics and Energy Company A: The IT Team -- Strategy -- Scoring Model -- Project Analysis -- Portfolio Balance -- Strategic Alignment -- Summary -- Project Portfolio Management in the Telecommunications Industry -- Telecommunications Sector Overview -- Telecommunications Sector Case Studies -- Introduction -- Eastern European Mobile Provider A -- Strategy -- Scoring Model -- Portfolio Balance -- Strategic Alignment -- Eastern European Mobile Provider B -- Strategy -- Scoring Model -- Project Analysis -- Portfolio Balance -- Strategic Alignment -- Central European Mobile Provider C -- Strategy -- Scoring Model -- Project Analysis -- Portfolio Balance -- Strategic Alignment -- Western European Mobile Provider D -- Strategy -- Scoring Model -- Portfolio Balance -- Strategic Alignment -- Summary -- Project Portfolio Management in the Government and Not-for-Profit Sector -- Government and Not-for-Profit Sector Overview -- Government and Not-for-Profit Sector Case Studies -- Introduction -- Ministry of Defense Financial Department -- Strategy -- Scoring Model -- Portfolio Balance -- Strategic Alignment -- Federal Loan and Mortgage Lending Agency: Eastern Europe -- Strategy -- Scoring Model -- Project Analysis -- Portfolio Balance -- Strategic Alignment -- Canadian University: IT Department -- Strategy -- Scoring Model -- Project Analysis -- Portfolio Balance -- Strategic Alignment -- Company D: European National Bank -- Strategy -- Scoring Model -- Portfolio Balance -- Strategic Alignment -- Summary -- Project Portfolio Management in the Professional Services Industry -- Professional Services Sector Overview -- Professional Services Case Studies -- Introduction -- Professional Services Company A: European Software Company -- Strategy -- Scoring Model -- Portfolio Balance -- Strategic Alignment -- Professional Services Company B: European IT Services Company -- Strategy -- Scoring Model -- Portfolio Balance -- Strategic Alignment -- Professional Services Company C: IT Department of a Global Professional Services Company -- Strategy -- Scoring Model -- Project Analysis -- Portfolio Balance -- Strategic Alignment -- Summary -- Section III: Summarizing It All -- Statistical Summary and Analysis -- Introduction -- Pharmaceutical Industry -- Scoring Models -- Portfolio Balance -- Strategic Alignment -- Product Development Industry -- Scoring Models -- Portfolio Balance -- Strategic Alignment -- Financial Industry -- Scoring Models -- Portfolio Balance -- Strategic Alignment -- Energy and Logistics Industry -- Scoring Models -- Portfolio Balance -- Strategic Alignment -- Telecommunications Industry -- Scoring Models -- Portfolio Balance -- Strategic Alignment -- Government Sector -- Scoring Models -- Portfolio Balance -- Strategic Alignment -- Professional Services Industry -- Scoring Models -- Portfolio Balance -- Strategic Alignment -- Aggregate Statistics -- Scoring Models -- Portfolio Balance -- Strategic Alignment -- Implementing Project Portfolio Management: Lessons Learned from Implementations -- Introduction and Overview -- Level 1: Project Selection Reviews -- Why Should You Consider Your Internal Resource Costs? -- How to Establish the Size of Your Project Resource Pool -- Level 2: Phase-Level Reviews -- Level 3: Periodic Project Status Reviews -- Importance of Mission and Strategy -- The Mission -- Company's Strength, Weaknesses, Opportunities, and Threats Analysis -- Goals and Strategies -- Why Do You Need Direct Executive Involvement? -- "Cognitive Dissonance" Theory -- "Mass Delusion" Theory -- "Machiavelli Factor' Theory -- Project Portfolio management Charter -- Portfolio Scoring Model and Project Ranking -- Halo Effect -- Project Proposal, aka the Business Case -- Try to Generate as Many Project Proposals as Necessary -- How to Collect the Largest Number of Proposals Possible -- Portfolio Monitoring -- Sound Project Management Capabilities Are Essential -- Role of the PMO -- Summary

Every CEO in the world, if questioned, will always complain that there are a lot of ideas to implement, but, unfortunately, insufficient resources to accomplish them. This book provides a solution to this dilemma by supplying techniques to assess the value of projects, prioritize projects, and decide which projects to implement and which to postpone. In addition, it describes various methods of balancing project portfolios and different strategic alignment models. The book provides thirty real-life project portfolio management case studies from pharmaceutical, product development, financial, energy, telecommunications, not-for-profit and professional services industries.