Research Team 303

Managing a Portfolio of Projects-Metrics for Improvement (2012 - 2014)

Essential Question to be Addressed

What practices, techniques, technology, and processes are most effective for managing a portfolio of projects?

Background

It appears that, in the next few years, portfolios of companies will have a tendency to move away from the "mega-project." In response to the volatility of today's business market, more and more ventures will be gravitating towards small projects, or to projects within a larger program/business portfolio. While best practices have been developed for project directors/project managers to manage individual projects, these project professionals need to know how to apply these best practices when they manage multiple projects or multiple project managers. How can they maintain the program view and not revert to a focus on individual projects? Some items to consider include the following:

  • management skills-how to maintain a business focus versus project focus
  • resource management-how to balance manpower, equipment, suppliers, assets, across the portfolio
  • financial management-how to focus on integrating cash, sales, and other financial considerations at the portfolio level
  • risk management-how to prioritize risks by business need versus individual project need
  • metrics - how to determine which metrics are key indicators of the state of the portfolio


Research Team Roster

Chair
Charles P. O'Hanlon, Deputy Director, Project Management, Architect of the Capitol
Vice Chair
Marie Robinson, Executive Quality Manager, Jacobs
Principal Investigator
Baabak Ashuri, Associate Professor, Georgia Tech, Georgia Institute of Technology
Principal Investigator
R. Edward Minchin, Jr., Associate Professor, University of Florida
Principal Investigator
Ali Touran, Professor, Department of Civil Engineering, Northeastern University
 
 Members

Rob Bailey, Director of Operations, Industrial Services Americas, Fluor Corporation

Scott Bergoon, Vice President, EPC Services, Hargrove Engineers + Constructors

Frederick Delie, Project Controls Manager, Georgia-Pacific LLC

James Dyer, Senior Project Manager (Contract Manager), WorleyParsons

Mohamed El-Mehalawi, Director, Faithful+Gould

Roger J. Haynes, Principal Cost Control Specialist, ConocoPhillips

Roger L. Holtzclaw, Projects & Engineering Head of Discipline, BP America, Inc.

Vincent Huang, Vice President, Project Control, Parsons

Richard Ikasalo, Capital Program Coordinator, SABIC - Saudi Basic Industries Corporation

Gary Lanier, Director, Houston Power Operations, URS Corporation

John Logan, Manager, Project Management & Controls, Irving Oil Limited

Sandra MacGillivray, Senior Consultant, Coreworx Inc.

Shaun W. Tatum, Project Analyst, Southern Company

Timothy G. Wolf, Brewing Process Engineer, Anheuser-Busch InBev
 
Student
Reza Masoumi, Northeastern University
Student
Mohsen Shahandashti, Graduate Research Assistant, Georgia Institute of Technology
 
Ex-Officio
Kristi L. Delaney, Senior Program Coordinator, Construction Industry Institute

Team Forming — Subject to Change

Roster updated 4-20-14 · The CII Webmaster

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