Books by Marc Resch
The mentality of, “If it ain’t broke, don’t fix it” is an outdated philosophy that has proven to have catastrophic effects on project investments. Our projects are volatile endeavors filled with numerous uncertainties, dependencies, contingencies, and risks — not to mention the personalities and competing interests; they require a lot of attention and enhancement! Projects that just limp along without the required adjustments and improvements are sucking the lifeblood out of too many companies. In this ludicrously competitive new world economy, our project management mantra needs to shift from “If it ain’t broke, don’t fix it” to:
“If It Ain’t Broke, Fix It Anyway!”
Why do so many projects fail? Quite simply, it’s because they don’t deliver the financial value or business benefits they are set out to deliver. At best, they deliver a fraction of their targeted business outcomes. What’s truly unfortunate is that project professionals often execute these projects flawlessly and receive sign-off and approval from satisfied stakeholders, and yet these projects still don’t deliver the expected results. A strong emphasis is placed upon project delivery, but the focus on value attainment is seriously lacking.
The transformation from project management to project value management is long overdue. All levels of organizations must embrace this transformation if they are to turn their project failures into project successes. Project investments can only be successful when they deliver their expected business returns. By embracing and implementing business-focused, value-driven project processes and techniques, organizations can consistently achieve optimal and sustainable business returns from their project investments. This book shows how organizations and individuals can make this transformation.