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Richard Bayney
  • Male
  • Washington Crossing, PA
  • United States
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Profile Information

Company:
Project & Portfolio Value Creation
Job Title:
President & Founder
City:
Washington Crossing
State:
PA
Country:
USA
Industry:
Insurance, Technology, Healthcare
Professional PM certifications:
Yes
Years in Project Management:
7-15
Any other comments about yourself?
Recognized thought leader in Project Portfolio Management within Pharma & Biotech industry.
President & Founder of Project & Portfolio Value Creation (www.ppvc.net) providing training and education in Project, Program, Portfolio, Risk, and Resource Management as well as client services in Strategic, Business, Scenario, and Portfolio Planning.
Faculty at University of Pennsylvania.
Website 1:
http://www.ppvc.net

Richard Bayney's Blog

From Traditional Project Management To Transformational Project Leadership

While the literature is quite rich on the general subject of 'Leadership', there is a paucity of information on the topic of 'Project Leadership' and what it takes to get there from a traditional role in Project Management. I've created a 2-day workshop entitled 'From Traditional Project Management To Transformational Project Leadership' which provides building blocks that enable a project manager to diagnose his/her strengths and weaknesses on the path to becoming an effective project…

Continue

Posted on September 30, 2010 at 10:37pm — 1 Comment

PROJECT MANAGERS AND ORGANIZATIONAL REWARD SYSTEMS – Dr. Richard Bayney, President, Project & Portfolio Value Creation.

The vast majority of organizations reward Project Managers for managing their Projects according to the goals of the triple constraint – within scope, budget, and time. A tacit expectation is therefore created by organizations that successful Project Managers are the ones who indeed do just that – satisfy the triple constraint. But, in the grand scheme of all Projects within the organization’s Portfolio, shouldn’t Project Managers also be rewarded to terminating some of their Projects if there… Continue

Posted on March 23, 2009 at 11:50am

PROJECT MANAGERS AND THE NEW PRODUCT DEVELOPMENT (NPD) PROCESS – CHALLENGING ESTABLISHED NORMS - Dr. Richard Bayney, President, Project & Portfolio Value Creation.

Most organizations that conduct R&D as an integral part of their business utilize a New Product Development (NPD) and Stage Gate Review (SGR) process that allows opportunities – pipeline, life cycle management, business development – to enter the Portfolio and progress until termination or launch. A generic NPD & SGR process is comprised of 6 stages and gates, each gate possessing prescriptive decision criteria that allows an opportunity to progress to the next stage. To be sure,… Continue

Posted on March 7, 2009 at 10:26am

PROJECT PRIORITIZATION – EVERY ORGANIZATION DOES IT BUT DOES EVERY ORGANIZATION DO IT WELL? - Dr. Richard Bayney, President, Project & Portfolio Value Creation.

Prioritization can be defined as ‘a system to determine the right to have or do something before others’ or ‘a state of the level of importance or urgency in rank’. Prioritization of Projects is a time-tested methodology that is based on several approaches, the most common of which use: (a) heuristics (e.g. customer perception) of a single individual or a few senior individuals within an organization, (b) single dominant qualitative (e.g. customer satisfaction) or quantitative (e.g. ROI)… Continue

Posted on February 22, 2009 at 3:17pm — 4 Comments

CAREER PROGRESSION IN PROJECT, PROGRAM, AND PORTFOLIO MANAGEMENT – WHICH ROADS LEAD TO WHERE? - Dr. Richard Bayney.

If one accepts the premise that the yardstick by which Project Managers are measured is their ability to ensure that Project benefits/deliverables of the desired quality are generated within the triple constraint, a reasonable question to ask is “Is this competence a sufficient pre-requisite for career progression to Program Management and ultimately, Portfolio Management?” And, if not, why not?



To begin with, it is arguable that successful Project Managers are chosen primarily… Continue

Posted on February 8, 2009 at 9:29am

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At 8:29am on January 31, 2009, José)http://amway.es, Nº8477972 said…

José
At 8:14am on January 12, 2009, Juan Cardoza said…
Hello Richard, excellent blog, I would like to know more about PM, I am from Mexico, may be we can share different knowledge to get more opportunities or may me one idea could be that you can train me and then have a business opportunity in Mexico, here is my contact information ing.jcardoza@gmail.com

Best regards.
Juan Cardoza
 
 
 

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