Stephen Devaux

Background

About Stephen Devaux

Delighted to be presenting 4 webinars for the Project Management Institute, Sep-Dec 2025. These explore 3 techniques in on-line Review Copy of 8th Ed of PMBOK Guide: Critical path drag, drag cost & value breakdown structure (VBS). These all support PMI's new value-based delivery of projects. The 1st, Tue Sep 23, 11:00 AM EDT (UTC-4) is "Critical Path Drag: Deliver Faster!" You can register here: Every project and program is an investment in work. Though all other investments use ROI as the prime metric, projects focus on deadline & budget tangents rather than on maximizing business value. I am a PM theorist, author, teacher & consultant. My books, published by CRC Press, are: 1. Managing Projects as Investments Earned Value to Business Value: https://tinyurl.com/3pehvu85 2. Total Project Control: A Practitioner's Guide to Managing Projects as Investments, 2nd Edition: https://tinyurl.com/rd7ndyaz My PM innovations include:#1. Critical path drag, a "critical" new metric for schedule compression, included in several s/w packages: Asta Powerproject, Spider Project, & others. http://en.wikipedia.org/wiki/Critical_path_drag #2. Drag cost, which helps justify costs needed to compress a schedule. http://en.wikipedia.org/wiki/Drag_cost #3. The value breakdown structure (VBS), an extension of the MoSCoW technique that estimates the value-added of a project's work packages. http://en.wikipedia.org/wiki/Value_breakdown_structure #4. Even more important is the program-level value breakdown structure (PgVBS). I introduced the concept in 3 LinkedIn articles. https://tinyurl.com/35evrj97 https://tinyurl.com/m87bmb6k https://tinyurl.com/z4mk72vs https://tinyurl.com/27y5mfbu 5. DIPP & DPI planning and tracking based on my Sep 1992 Project Management Journal article “When the DIPP Dips: A P&L Index for Project Decisions”. https://en.wikipedia.org/wiki/Devaux%E2%80%99s_Index_of_Project_Performance_%28the_DIPP%29 All the above are part of the Total Project Control approach to managing project ROI through integrated metrics. https://en.wikipedia.org/wiki/Total_project_control Other items:* Video of two Zoominars presented in 2023-24 for Northeastern University & Mass Bay Chapter of PMI: Success and Failure Are Two Imposters: Wait Is a Heavy Load: * Article re PlanLab's Drag Calculator add-on to Primavera P6 software: https://tinyurl.com/y8c2axcw