Reinventing Project Management

The Diamond Approach to Successful Growth and Innovation

Aaron J. Shenhar, Dov Dvir

Publisher: Harvard Business School, 2007, 276 pages

ISBN: 978-1-59139-800-4

Keywords: Project Management

Last modified: May 23, 2025, 10 p.m.

Projects are the engines that drive innovation from idea to commercialization. In fact, the number of projects in most organizations today is expanding while operations is shrinking. Yet, since many companies still focus on operational excellence and efficiency, most projects fail—largely because conventional project management concepts cannot adapt to a dynamic business environment. Moreover, top managers neglect their company's project activity, and line managers treat all their projects alike—as part of operations. Based on an unprecedented study of more than 600 projects in a variety of businesses and organizations around the globe,Reinventing Project Management provides a new and highly adaptive model for planning and managing projects to achieve superior business results.

  • Part One: A New Model for Managing Projects
    1. Why Your Business Success Depends on Projects
    2. What Makes a Project Successful
    3. The Diamond Framework
  • Part Two: The Four Bases of Successful Projects
    1. Novelty
    2. Technology
    3. Complexity
    4. Pace
  • Part Three: Putting the Diamond Approach to Work
    1. Managing Projects for Business Innovation
    2. Managing Projects Within the Existing Organization
    3. How Markets and Industries Affect Project Management
    4. Reinventing Project Management for Your Organization
  • Research Appendixes
    • 1. Our Research Steps
    • 2. Project Success Assessment Questionnaire
    • 3A. Building the Contingency Approach to Management
    • 3B. Project Classification Questionnaire
    • 3C. Principles and Design of Classification Systems
    • 4. Project Novelty and Traditional Project Management
    • 5A. Empirical Result for Project Technology
    • 5B. Project Technology and Traditional Project Management
    • 6A. Empirical Results for Project Complexity
    • 6B. Project Complexity and Traditional Project Management
    • 7. Project Pace and Traditional Project Management