Welcome to the December Edition of the PM World Journal

David Pells,

Managing Editor 

Addison, Texas, USA

Welcome to the December 2013 edition of the PM World Journal (PMWJ). This month’s edition again contains a wide range of contents from around the world, with 37 articles, papers, reports and book reviews by 38 different authors in 15 different countries.  An additional 30+ news articles about projects and project management around the world are included. Around 30 countries are represented by authors or subjects this month.

Invitation to Share Knowledge

We invite you to share your knowledge and experience related to program, project and portfolio management.  If you are an academic leader, graduate student, researcher or professional with some research results ready to publish, consider submitting a ‘Featured Paper’, ‘Student Paper’ or ‘Case Study’. If you are an expert or executive with a solution to share, send us an ‘Advisory’ article.  If you are an experienced program or project manager, project management professional or professional leader, consider sending us a ‘Commentary’ article about some topic of personal interest.  We publish a wide variety of articles and papers, case studies and reports, book reviews and news stories.  Share knowledge and gain visibility for you or your organization; publish an article, paper or story in the PMWJ.  Just contact [email protected].

In This Edition

We begin with two Letters to the Editor this month, from Max Wideman in Canada and Prof Hubert Vaughan in China. They both comment on recent articles in the PMWJ.  If you have a reaction to something you read in this publication, share it with the world in an old fashioned letter to the editor – but send it by email please.

3 authors in 3 different countries have contributed Featured Papers this month.  Pavel Barseghyan, PhD is back with another important paper titled “Equilibrium and Extreme Principles in Discovering Unknown Relationships from Big Data, Part 1: Methods of Advanced Data analytics in Light of the Equations of Mathematical Physics.” In this groundbreaking paper, Pavel lays the groundwork; next month he will explain how these concepts apply to project management.

Professors Vladimir Voropajev and Yan Gelrud in Russia are back with another paper in their series on mathematical models for various project stakeholder groups, this month’s paper titled “Mathematical Modelling for Project Management Problems for Regulators.”  If you are interested in project management science, we suggest you download and read the entire series; you can find their papers at www.pmworldlibrary.net.

Alan Stretton has provided another paper titled “Managing inter-project coordination within programs.”  Alan continues to explore the gaps in current project management standards and the literature, which we appreciate.  We’re also glad that he has chosen the PMWJ as his platform for sharing this new knowledge.  Our Featured Papers are all serious contributions to the P/PM literature, so although they may sometimes be long and somewhat academic, please consider reading them.  Increase your knowledge!

5 Series Articles are included this month, by 6 authors in 4 different countries. Darren Dalcher is back with an introduction and another article in our Advances in Project Management Series.  This month the topic is project finance and economics.  Darren’s introductory article titled “Project Economics: Wishful thinking, conspiracy of optimism or a self-fulfilling prophesy” gets to the heart of a major P/PM topic – better project financial management.  The featured author this month, Derek Salkeld, offers some useful perspective and a possible solution in “Let in the Light on Project Finances.”  Don’t miss these advanced discussions.


To read entire paper (click here)

About the Author

flag-usadavid-pellsDAVID PELLS 

Managing Editor, PMWJ

David L. Pells is Managing Editor of the PM World Journal, a global eJournal for program and project management, and Executive Director of the PM World Library. David is an internationally recognized leader in the field of professional project management with more than 35 years of experience on a variety of programs and projects, including engineering, construction, defense, energy, transit, high technology and nuclear security, and project sizes ranging from several thousand to ten billion dollars. He has been an active professional leader in the United States since the 1980s, serving on the board of directors of the Project Management Institute (PMI®) twice.  He was founder and chair of the Global Project Management Forum (1995-2000), an annual meeting of leaders of PM associations from around the world. David was awarded PMI’s Person of the Year award in 1998 and Fellow Award, PMI’s highest honor, in 1999. He is also an Honorary Fellow of the Association for Project Management (APM) in the UK; Project Management Associates (PMA – India); and Russian Project Management Association SOVNET.  From June 2006 until March 2012, he was the managing editor of the globally acclaimed PM World Today eJournal.  He occasionally provides high level P/PM advisory support for major global programs and organizations.  David has published widely, spoken at conferences and events worldwide, and can be contacted at [email protected].

For more, visit www.pmworldjournal.net and www.pmworldlibrary.net.