1. Introduction; 2. The dynamics of innovation in complex projects and systems; 3. Business strategy and project capability; 4. Systems integration and competitive advantage; 5. The project-based organisation; 6. Managing software-intensive projects; 7. Learning in the project business; 8. Integrated solutions for customers; 9. Lessons for the project business.
A superb 2005 examination of project management in practice, focusing on high-value, high-technology capital goods.
Dr Andrew Davies is a Senior Fellow of SPRU and Deputy Director of the Complex Product Systems Innovation Centre at the University of Sussex. Professor Michael Hobday is co-Director of the Complex Product Systems Innovation Centre at the University of Sussex and Professor of Innovation at Brighton University.
'This book has a very important message in proposing that, for many firms, project competence is a major precondition for competitive advantage. Building on a multitude of solid empirical studies within the COPS research programme, Davies and Hobday demonstrate convincingly the vital role of projects as a means of stimulating flexibility and effecting innovation. They present a comprehensive framework that accounts for the wider significance of projects for innovation and business strategy. For students within business and technology, as well as for managers, this book is a must read!' Lars Lindkvist, Professor of Business Administration, Linkoping University, Sweden ' ... a major scholarly contribution to a rethinking of the role of projects in the management literature ... moves beyond the orthodox view of projects as a set of operational planning and control tools and techniques, and instead demonstrates how projects are the fulcrum for organization-wide learning, innovation and business development.' Robert DeFillippi, Suffolk University Business School, Boston 'The popularity of projects as a means for achieving competitive advantage in public and private organizations has become a well-recognized phenomenon, leading to a surge of interest in theory development and the practice of project management techniques. What has been missing, to date, is a work that places projects directly at the center of modern business practices, explaining clearly and concisely why projects are an effective means for achieving myriad organizational goals. This book addresses a critical and, until now, missing component in our understanding of the role of projects in successful business enterprises. Well-researched, provocative, and highly practical, The Business of Projects, is a welcome, and extremely timely addition to the project management literature.' Jeffrey K. Pinto, Andrew Morrow and Elizabeth Lee Black Chair in Management of Technology, Sam and Irene Black School of Business 'Since the pioneering work of Joan Woodward and Alfred Chandler in the 1960s, researchers have tried to understand the relationships between strategy, organisation and technology. Davies and Hobday show how today's complex new technologies and organizational structures have made this task even more complicated. Their answer to many of the strategic challenges posed by the new environment is the project business. This book provides a major contribution to our understanding of industrial organisation in the early 21st century.' Mark Dodgson, Director, Technology and Innovation Management Centre, University of Queensland 'This book has a very important message in proposing that, for many firms, project competence is a major precondition for competitive advantage. Building on a multitude of solid empirical studies ... , Davies and Hobday demonstrate convincingly the vital role of projects as a means of stimulating flexibility and effecting innovation. They present a comprehensive framework that accounts for the wider significance of projects for innovation and business strategy. For students within business and technology, as well as for managers, this book is a must read!' Lars Lindkvist, Professor of Business Administration, Linkoping University, Sweden '... this book is 'highly original' ... The authors ... go furher by analysing the role of projects, and the actions of managers within them, from two viewpoints: that of complex products and systems as a particular class of undertaking and their role in stimulating and effecting innovations ... The book is structured to take researchers, students and managers through the field step by step ... This is a well organised and clearly written book on a subject of growing importance. It provides an excellent introduction for students, researchers and project managers.' Development Policy Review 'For the reader who wants to understand this important category of projects and the innovation and learning problems associated with project business, I truly recommend the book. I especially believe that the theoretical framework presented in the book is a welcome contribution to both the literature on management in general and to the knowledge of project management/organization/business in particular.' Jonas Soderlund, School of Managment, Linkoping University
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