Richard is a 25-year veteran of Project & Portfolio Managenment within industry. Prior to founding his boutique consulting, training and education practice Project & Portfolio Value Creation (PPVC Inc.) he was Vice President, Portfolio Management & Decision Analysis Johnson & Johnson Pharmaceutical Research & Development.
He also spent 11 years building and leading departments in Strategic Planning, Decision Analysis, and Portfolio Management at Merck & Co., Bayer Corp. and AG, Bristol-Myers Squibb. A frequent speaker in ‘Portfolio & Resource Management, Risk Analysis & Risk Management, and Strategic Planning, he is an Advisory Board Member to Cambridge Healthtech Institute, an adjunct faculty member at the University of Pennsylvania and delivers workshops on ‘Portfolio Management of Innovative Products’ for the Vlerick Leuven Gent Management School in Belgium, and on ‘Project Management & Project Leadership’ in China.
Dr. Bayney obtained his M.Sc. and Ph.D. from the University of London, MBA from Columbia University, and PMP from the Project Management Institute.
His other specialist topics include Decision Modeling, Risk Management and Business, Strategy and Scenario Planning services and he is co-author of the recently published book Enterprise and Project Portfolio Management, Building Competencies for R&D and IT Investment Success (J. Ross Publishing September 2012).