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IPM Day 2017: People, Passion, and Purpose in a Digital Age

 

PM EVENT NEWS

14th IIL Virtual Conference set for 2 November 2017

3 October 2017 – New York, USA – The International Institute for Learning (IIL) will host their 14th International Project Management Day (IPM Day) virtual conference on November 2nd, 2017. Gain insights from Project Management experts, practitioners, and influencers around the globe, from the comfort of your desk. Go to https://www.iil.com/international-project-management-day/ for more information or to register.

The theme for this year’s IPM Day is “People, Passion and Purpose in a Digital Age”. Today’s organizations need the right people to lead the charge into the digital frontier. Those people are project managers whose passion and sense of purpose galvanize their teams and stakeholders to bring their very best to every project, every day in pursuit of major change.

IPM Day 2017, IIL’s 14th annual event, encourages attendees to rise to the occasion and make things happen, regardless of their industry. Join other professionals around the globe to learn and share knowledge that will help you advance your career and manage game-changing projects that improve our lives.

IIL is offering a $10 discount for readers of the PM World Journal or members of the PM World Library. Just use discount code “PMWL” when registering. The discount code will be effective for 60 days after the event.

Participants can receive up to 26 PDUs for the low registration fee. Visit the conference website to learn about topics, speakers and benefits.

The International Institute for Learning (IIL) is a global leader in training, consulting, coaching and customized course development, and is proud to be the educational provider of choice for many top global companies. IIL’s core competencies include Project, Program and Portfolio Management, Business Analysis, Microsoft® Project and Project Server, Lean Six Sigma, PRINCE2®, ITIL®, Agile, Leadership and Interpersonal Skills, Corporate Consciousness and Sustainability. For more, visit www.iil.com.

 

 

Wideman Website updates for October 2017

 

PM EDUCATION NEWS

1 October 2017 – Ontario, Canada – Max Wideman has announced updates to his popular and educational project management website, www.maxwideman.com.  

According to Max this month:

Our Paper this month reviews Tom Kendrick‘s book on How to manage large complex programs. Tom reveals fundamental concepts and proven approaches to mastering program management from initiation through execution and successful closure.

Ever been tempted to ask: How big is your project? See a number of responses from LinkedIn found on the Internet. It could be you are asking the wrong question. You will find the discussion in Musings.

If you are looking for answers, guidelines or templates, check out Max’s Issacons – “Issues and Considerations” – that are presented in bullet form for quick and easy reference by project managers.

Have you seen Max’s book A Management Framework for Project, Program and Portfolio Integration?  For information or to order a copy, visit http://www.maxwideman.com/papers/framework_book/intro.htm.  Do you have a project management question? Find the answer at: http://www.maxwideman.com.

Max Wideman is one of the world’s best-known project management authorities. An engineer and professional project manager, his experience includes systems, social and environmental projects, as well as design and engineering projects. He is a Fellow of the Project Management Institute, of which he is past president and chairman and for which he led the development of the 1987 version of the Project Management Body of Knowledge. He is also a Fellow of the Institution of Civil Engineers (UK), the Engineering Institute of Canada, and the Canadian Society of Civil Engineering. His personal web site at http://www.maxwideman.com is a source of superior project management knowledge and information. It is free to the public.

 

 

Spring 2018, not hot August


PM EVENT NEWS

Annual UT Dallas Project Management Symposium moves to May in 2018

24 September 2017 – Richardson, TX, USA – The University of Texas at Dallas (UT Dallas) has announced that the Annual UT Dallas Project Management Symposium will be in May next year rather than in August, historically the hottest month in north Texas.  The 12th UT Dallas PM Symposium will instead be held during 17-18 May 2018 in the Naveen Jindal School of Management on The University of Texas at Dallas (UT Dallas) campus in Richardson, Texas, USA.  Mark your calendars.

The two-day symposium is sponsored by the Graduate Program in Project Management at UT Dallas, in cooperation with the PMI Dallas Chapter and the PM World Journal.  The annual 2-day project management conference focuses each year on topics relevant to industries in North Texas, including energy, healthcare, information technology, software, telecommunications, transportation, local government and others.  To access conference website, click here.

This is a traditional PM conference with papers and presentations selected through a blind review process, offering opportunities for PM professionals, experts and academic researchers to get published and present their work to their peers. Unlike most conferences, paper presenters attend for free and can receive PDUs for PMP recertification. It’s also reasonably priced. The symposium theme and call for papers will be announced soon, but you can see keynote presentations and papers from previous years on the conference website.

As it is each year, the 2018 symposium will be held in the Naveen Jindal School of Management on The UT Dallas campus in Richardson, Texas, USA.  The event will include plenary sessions with keynote speakers, professional paper presentations by approximately 50 different speakers, panel discussions, lunches and coffee breaks, a networking reception and door prizes.  Attendees can receive up to 16 PDUs for attending, while paper presenters can receive more. If you are a project manager or project management professional living in North Texas, you should plan to attend this world class symposium. For additional information or with questions contact [email protected] or visit the UTD symposium website here.

The Project Management Program at The UT Dallas provides application-oriented education for professionals with significant project, program or general management responsibilities. Established in the Executive Education Center in UT Dallas’ Naveen Jindal School of Management, students can earn a Graduate Certificate in Project Management, a Master of Science degree with an emphasis in project management, or a Master of Business Administration (MBA) degree with project management emphasis.  UT Dallas PM program, originally developed in 1997, is accredited by the Project Management Institute (PMI®) and is registered with the PMI Registered Education Provider Program (PMI R.E.P.). For more information, visit project.utdallas.edu.

The PMI Dallas Chapter is a volunteer-based professional association dedicated to supporting the growth and development of project management practitioners, as well as building awareness of the project management discipline and its critical role in business and organization success. With more than 400,000 members in over 200 countries, the Project Management Institute (PMI®) is the world’s largest membership association for project management. Founded in 1984 and with over 4,000 members, the PMI Dallas Chapter is one of the world’s largest PMI components.  To learn more, visit www.pmidallas.org 

The PM World Journal (PMWJ) is a web-based monthly publication featuring dozens of articles, papers and news stories about projects and project management around the world. The PMWJ is produced by PM World which also maintains the PM World Library (PMWL), a global resource for continuous learning in programme and project management.  To read the latest edition of the PMWJ, go to www.pmworldjournal.net.  To learn more, visit www.pmworldlibrary.net.

 

 

Organizational Agility Increases Project Success Rates

 

PM PROFESSION NEWS

Two new PMI 2017 Pulse of the Profession in-Depth Reports released

18 September 2017 – Philadelphia, PA, USA – The Project Management Institute (PMI®) today unveiled its Pulse of the Profession in-depth reports: Achieving Greater Agility and The Drivers of Agility. The latest research demonstrates that an organization’s agility level helps determine the success rate of its projects in today’s complex and disruptive global marketplace. While all project management approaches help support successful outcomes, the study found that organizations with higher agility reported more projects successfully meeting original goals and business intent – whether they use hybrid (72 percent), predictive (71 percent) and agile (68 percent) approaches – than those with low agility using the same methods.

PMI’s Pulse of the Profession in-depth reports also revealed that:

  • People and Processes are Key: Organizations with higher levels of agility place a significant focus on building diverse skill sets and process capabilities.
  • Revenue Growth is Greater: 75 percent of organizations with high agility report a minimum of 5 percent year-over-year revenue growth last year, compared to only 29 percent of organizations with low agility.
  • The Project Management Office (PMO) could be a Beacon: Organizations with high agility recognize the value of having some form of project governing body, as 94 percent report having a PMO, an agile work group, or another type of formal governance board – versus 81 percent of organizations with low agility.

“Each day, organizations face heightened competition and ongoing disruptions from new technology, market shifts and social change,” said PMI President and CEO Mark A. Langley. “Given these challenges, it did not surprise us to find that a large majority of organizations indicated greater agility over the last five years. In today’s market, successful organizations must be able to react and adapt to unexpected roadblocks and market changes. Organizations with high agility can switch priorities quickly without losing momentum.”

Based on its two most recent in-depth reports, PMI recommends organizations recognize:

  • Agility is a Balance – Not a Battle of Choices: Seek a balance of speed and flexibility, stability and scale.
  • Adaptability is Key: Include all approaches to project delivery in your organization’s project management toolkit.
  • Drivers of Agility include People and Processes: Encourage open thinking and commit to talent development to accelerate results. Build effective processes to achieve high performance.
  • Agility Levels can determine the Success of an Organization: To achieve maximum business value, react with flexibility, respond to change, and engage employees and customers.

Earlier this month, PMI launched the first-ever bundle of its Agile Practice Guide and PMBOK® Guide â€“ Sixth Edition to reinforce its position that industry professionals should consider the full range of project management approaches in determining which method will deliver the best project outcomes. PMI has provided practitioners with critical information spanning many approaches to ensure industry professionals can select the method that is best suited to an individual project.

“As organizations strive to be more nimble and respond faster, they recognize there is no ‘one size fits all’ approach to delivering successful projects,” Langley said. “Having a diverse toolkit for project managers enables them to contribute to the overall agility of an organization.”

The 2017 Pulse of the Profession in-depth reports features feedback and insights from 1,469 project management practitioners and leaders that use predictive and agile project management approaches in Australia, Brazil, Canada, China, France, Germany, India, New Zealand, United Kingdom and United States.

Project Management Institute (PMI) is the world’s leading association for those who consider project, program or portfolio management their profession. Founded in 1969, PMI delivers value for more than three million professionals working in nearly every country in the world through global advocacy, collaboration, education and research. PMI advances careers, improves organizational success and further matures the project management profession through globally-recognized standards, certifications, communities, resources, tools, academic research, publications, professional development courses and networking opportunities. As part of the PMI family, ProjectManagement.com creates online global communities that deliver more resources, better tools, larger networks and broader perspectives. Visit PMI at www.PMI.orgwww.projectmanagement.com, www.facebook.com/PMInstitute and on Twitter @PMInstitute.

Source: Project Management Institute

 

 

AACE 2018 Annual Meeting in San Diego

 

FUTURE PROJECT MANAGEMENT EVENT

Date and location announced, program still under development

18 September 2017 – Morgantown, WV, USA – The 2018 AACE International Annual Meeting will be held at the Grand Manchester Hyatt hotel in San Diego, California during June 24-27.  This is AACE’s largest international event over four days and is now one of the largest project management conferences in the world. To visit the conference website, click here.

The technical program at AACE’s Annual Meeting often represents the best and most current tools and techniques used in industry today covering a wide range of programs and projects. There will be over 100 hours of presentations to choose from over a four day period, organized in a variety of tracks such as: building information modeling; claims and dispute resolution; cost and schedule control; professional development; estimating; earned value management; global projects; IT/IM in project and cost management; owner issues; project management; planning and scheduling; decision and risk management; skills and knowledge of cost engineering; and total cost management.

Founded in 1956, AACE International is a professional society for cost estimators, cost engineers, schedulers, project managers, and project control specialists. AACE International is industry independent, and has members in 78 countries and 71 local sections.  AACE offers a monthly journal, online bookstore, education, library, certification, annual conference, professional development opportunities, employment information, executive search services, member discounts and other benefits.  For more information, visit http://www.aacei.org/.

 

 

33 new works by 44 authors added to PM World Library

 

PM EDUCATION NEWS

PM World Collection grows to 2312 project management articles, papers & other works by 980 different authors in more than 60 countries

15 September 2017 – Dallas, London, Sydney – PM World has announced that 33 new articles, papers and other original works about program and project management (P/PM) have been added to the PM World Library (PMWL) this month.  These contributions by 44 different authors in 20 different countries were published in the September 2017 edition of the PM World Journal (PMWJ).  They can now be found among the most recent papers, articles and book reviews on the PMWL home page at www.pmworldlibrary.net.

The new additions bring the total in the PM World Collection to 2312 original works by 980 different authors in 65+ countries.  The collection is growing each month by around 30 new works from many different authors; of the 44 authors this month, 12 were new to the journal and library.  Profiles of all authors in the library, along with access to their works, can be found at http://pmworldlibrary.net/author-showcase/.

According to PMWL Director David Pells, “This month we added nine ‘featured’ research papers and seven second editions, papers presented at three recent project management conferences.These are all serious papers, fully referenced and all digging into serious topics.  Many are by authors who have never been published in the journal or library before, from many countries.  We are happy to provide them with more well-deserved recognition.”

New authors in August include Adriano Barbosa (Brazil), Nicola Busby (UK), Dale Cooper (Australia), Ahmed Taha abd Elhameed (Egypt), Raghuveer Gadiraju (India/USA), Ahmed Ismail (Turkey), Abdu Kisige (Uganda), Philipp Rosenberger (Austria), Joanna Sadkowska (Poland), Katharine Struzl (Austria) and John Walsh (USA). New works from 32 authors already included in the library were also added.

“The series articles continue to offer some of our most popular reads,” Pells adds.  “This month we added five series articles, two advisories, a commentary by Alan Stretton and four great reports from correspondents in Argentina, Finland, Spain and UK. We welcome similar short articles by project management practitioners and experts every month.”

The PM World Library (PMWL) is a global resource for continuous learning in portfolio, program and project management (P/PM).  The PMWL is produced and maintained by PM World, Inc. that also publishes the monthly PM World Journal (PMWJ), a digital monthly publication featuring dozens of articles, papers and news stories about projects and project management around the world.  The PMWJ is registered with the US Library of Congress (ISSN: 2330-4480), has been published monthly since August 2012 and is indexed by EBSCO, one of the world’s largest providers of databases to libraries and universities. To see the latest edition of the PMWJ, visit www.pmworldjournal.net; to learn more, visit www.pmworldlibrary.net.

See archives of past editions of the PMWJ at http://pmworldlibrary.net/ppm-journals-and-magazines/.

Editor’s note: Access to the PM World Collection, Author Showcase and many other resources in the PM World Library is free. See the Scholar Membership for low cost access to EBSCO databases of thousands of business books, magazines, journals and other publications.  Comments or questions can be emailed to [email protected].

 

 

U.S. backs Zim TB infection control program

 

NEWS FROM FASCINATING PROGRAMS/PROJECTS

Reported by Peter Banda in Harare

14 September 2017 – Harare, Zimbabwe – A senior official from the Centers for Disease Control and Prevention (CDC), a United States government health agency, has called for increased collaboration among private and public health organisations in Zimbabwe to sustain efforts that accelerate progress in preventing the spread of tuberculosis (TB) among health care workers.

“It is paramount that we implement measures to keep health care workers safe, healthy and productive,” said Shirish Balachandra, Branch Chief for HIV Services at CDC-Zimbabwe (pictured).”We are excited to support integrated surveillance of anti-microbial resistance across the disease spectrum through our partnership with Zimbabwe, working to strengthen the laboratory system.”

Balachandra was addressing delegates gathered in Harare for the National Infection Prevention and Control Conference on Wednesday. His remarks in the wake of a recent announcement by the United States government that it is committing $130 million towards Zimbabwe’s response to HIV. Part of the funding, drawn from the President’s Emergency Plan for AIDS Relief (PEPFAR), will be channelled towards disease surveillance and prevention of TB infection programs.

According to the Infection Control Association in Zimbabwe (ICAZ), the conference, attended by representatives of various health organisations, focused on the role of health care workers in TB infection control and anti-microbial resistance.

The ICAZ President Mrs. Phyllis Manungo said “The objective of the conference is to bring together partners from both the private and public health and related sectors and other stakeholders interested in preventing TB and other infections and fight Antimicrobial resistance   so that we can share experiences and learn from each other.”

According to CDC-Zimbabwe, TB is a public health problem in Zimbabwe which causes significant morbidity and mortality. Zimbabwe is one of the eight countries in Africa designated by the World Health Organization (WHO) as being “high burden” for TB, TB/HIV co-infection, and multi-drug resistant TB.

The conference discussed strategies to contain the rise of antimicrobial resistance, which has significant overlap with the issue of infection prevention and control. “Given the increasing resistance to first-line antibiotics,” noted Balachandra, “a broad range of common infections are now much more difficult to treat. Second- and third-line regimens are proving to be costly, more likely to have side-effects, and require much longer durations of treatment.”

Speakers at the conference noted that the risk of TB transmission at healthcare facilities is significant, both among patients, and from patients to health care workers. This risk is greater with increasing volumes of contagious (smear-positive) TB patients.  The implementation of effective infection control measures can significantly reduce the risk of TB transmission.

Sydney Makarawo, chairperson of the National Infection Prevention and Control Committee, said the health ministry was working on a health worker TB policy. “It is the responsibility of all of us to ensure that we are screened for TB and that we work in a safe environment, taking the necessary steps to protect ourselves and others from getting healthcare associated TB,” he said.

The United States, with funding support from the U.S. President’s Emergency Plan for AIDS Relief (PEPFAR) and CDC-Zimbabwe, has supported Zimbabwe’s health ministry to strengthen infection prevention and control in health facilities throughout the country. The support started in 2011 through the Zimbabwe Infection Prevention and Control Project, or ZIPCOP. In October, the U.S. health agency partnered the health ministry to support the Healthcare Associated TB Infection Prevention Program (HATIPP-Zim). The central focus of HATIPP-Zim is to support health care worker TB screening and treatment.


Project Management Zimbabwe (PMZ – Project Management Institute of Zimbabwe) is Zimbabwe’s largest Association of Project Managers, with a membership base of over 1000. The institute has a mandate of policing the elevation of project management standards nationally through mentorship and membership services programmes.  For information, visit www.pmiz.org.zw or email: [email protected].

Source:  Project Management Zimbabwe

 

$5 Billion NNSA Contract Award Announced

 

PM INDUSTRY NEWS

U.S. Department of Energy’s NNSA Awards Jacobs Joint Venture management and operating contract for the Nevada National Security Site

6 September 2017 – Jacobs Engineering Group has announced that the U.S. Department of Energy National Nuclear Security Administration (NNSA) has awarded the management and operating (M&O) contract for the Nevada National Security Site (NNSS) near Las Vegas to Mission Support and Test Services LLC (MSTS), a joint venture led by Honeywell. MSTS is a limited liability company including Honeywell International Inc., and equity partners Jacobs and Stoller Newport News Nuclear, Inc. The award is valued at $5 billion over 10 years if all options are exercised.

 “Jacobs is pleased to directly support the NNSA in their critical mission to enhance and ensure the future of the Nuclear Security Enterprise,” said Jacobs Aerospace and Technology Senior Vice President Ward Johnson. “This contract builds on our successful track record for design and construction of DOE nuclear facilities and our status as a major provider of management and operations of nationally critical infrastructure, and furthers our position as a premier global provider of nuclear life-cycle solutions.”

The NNSS testing facility and training ground supports a variety of national security experiments that promote the security of the U.S. and its allies through the development of nuclear deterrent and critical emergency response capabilities. A former nuclear test site, the 1,360-square mile NNSS serves as a major center for research and development advancing international nuclear monitoring and verification capabilities, as well as radiological/nuclear emergency response capabilities and training.

MSTS’ mission is to manage and operate the NNSS contract safely, securely, effectively and efficiently while adhering to impeccable ethical standards. MSTS is committed to be the high- hazard experimentation and mission-service provider of choice for U.S. National Security customers. Phase-in of the NNSS M&O contract began August 1, 2017, and is on track for successful conclusion in November.

Jacobs Engineering Group Inc. (NYSE: JEC) is one of the world’s largest and most diverse providers of professional technical services. With annual revenues of over $10 billion, Jacobs offers full-spectrum support to industrial, commercial and government clients across multiple markets.  Services include scientific and specialty consulting as well as all aspects of engineering, construction, operations, maintenance and project management. Based in Irving, Texas, USA, Jacobs has more than 200 offices in over 25 countries. More at http://www.jacobs.com/

Source: Jacobs Engineering

 

Call for Authors from Business Expert Press

 

CALLS FOR PAPERS

5 September 2017 – New York, USA – Business Expert Press is a leading publisher of concise, applied books on business. Their readership includes executives, middle managers, MBA and executive education students. Business Expert Press has recently launched a new, online database series of articles, available through subscription, called Expert Insights.

Expert Insights are short articles designed to provide readers with a professional “tune-up” no matter what their job might be. Whether in need of learning how to use social media, deliver better presentations, or improve skills in managing time, risk, customers, employees, technology, or projects, instruction and guidance is likely to be found in our series.

Business Expert Press are looking for articles in all areas of business including (but not limited to) management and organizational behavior, marketing, accounting and finance, information systems, and operations. Any articles on portfolio and project management will be especially welcome for consideration. Articles should be anywhere from 15 to 40 pages in length or 3,000 to 20,000 words.

Your proposal should include the following information:

Your Name, and Affiliation:
Article Title and Description:
Subject Area (s):
Abstract (no more than one paragraph):
Key Words (6 to 12):
Approximate manuscript page length: (Between 10 to 15 manuscript pages, calculated based on a Word document, 12 point font, double-spaced)
Article Delivery date:
Author Contact Information (address, email, telephone):

Please submit PROPOSALS ONLY (no inquiries) in Word and send to:
[email protected]

Established in 2008, Business Expert Press is now used by thousands of faculty, students and practitioners around the world. BEP is dedicated to developing collections of complementary titles within specific business disciplines and across topics of interest, now up to some 26 different business topics. BEP provides applied and concise books, eBooks and digital collections written by experts, partnering with dozens of course pack companies, digital platform providers, and eBook readers. More information at http://www.businessexpertpress.com/.

Source: Business Expert Press

 

 

Wideman Website updates announced for September 2017

 

PM EDUCATION NEWS

1 September 2017 – Ontario, Canada – Max Wideman has announced updates to his popular and very educational project management website, www.maxwideman.com.

According to Max this month:

In Papers this month, we review Peter Taylor‘s book The Social Project Manager in which he describes a non-traditional way of managing projects, project performance, and progress by harnessing the performance advantages of a collaborative community. This specifically applies to in-house projects in a corporate environment.

For fun in Musings, we’ve included a short tale of a real Simple Stairway project that saved a significant amount of money by circumventing local bureaucracy.

If you are looking for answers, guidelines or templates, check out Max’s Issacons – “Issues and Considerations” – that are presented in bullet form for quick and easy reference by project managers.

Have you seen Max’s book A Management Framework for Project, Program and Portfolio Integration?  For information or to order a copy, visit http://www.maxwideman.com/papers/framework_book/intro.htm.  Do you have a project management question? Find the answer at: http://www.maxwideman.com.

Max Wideman is one of the world’s best-known project management authorities. An engineer and professional project manager, his experience includes systems, social and environmental projects, as well as design and engineering projects. He is a Fellow of the Project Management Institute, of which he is past president and chairman and for which he led the development of the 1987 version of the Project Management Body of Knowledge. He is also a Fellow of the Institution of Civil Engineers (UK), the Engineering Institute of Canada, and the Canadian Society of Civil Engineering. His personal web site at http://www.maxwideman.com is a source of superior project management knowledge and information. It is free to the public.

 

Project Management Journal (PMJ) Call for Submissions

 

CALL FOR PAPERS

28 August 2017 – Philadelphia, PA, USA – The Project Management Institute (PMI®) is now accepting submissions for upcoming Special Editions of the Project Management Journalâ (PMJ) and a new section on Cases.

Process Studies of Project Organizing

PMJ seeks submissions inspired by the premises of process ontology that apply process thinking to documents and reveal the intricacies of project management and organizing as they unfold over time—editors are not looking for models reducing processes to sequences of stable stages. Inspiration for this special issue can be found in organization studies, where process ontology has, in recent years, gained prominence, turning upside down how phenomena are conceived. The submission deadline is 31 August 2017.

Exploratory Projects

With this special issue, PMJ welcomes contributions in the following areas: 1) research that sheds new light on the actor’s practices in exploratory projects, 2) the validity of the management principles proposed in the literature, 3) the functions and roles of the actors in teams involved in exploratory projects, 4) the relationship between the project and its parent organization, 5) the role of exploratory projects in creation of the ecosystem, 6) the type of cognitive process used during these types of projects. Deadline for paper submissions: 28 February 2018

Teaching Cases

PMJ is also now accepting teaching cases for publication consideration. With the rise of experiential learning, case studies have gained traction as a fundamental teaching tool in every subject area, and they have proven to be the most requested instructional resource by project management faculty internationally. PMJ is responding to the needs of instructors by launching a new section that provides full-length cases and instructor’s manuals for classroom or consulting use. PMJ invites submissions of cases designed for classroom use. Cases from all business disciplines related to projects will be considered. Submit your case now. See the Call for Submissions for more details.

Project Management Institute is the world’s leading not-for-profit professional membership association for the project, program and portfolio management profession. Founded in 1969, PMI delivers value for more than 2.9 million professionals working in nearly every country in the world through global advocacy, collaboration, education and research. PMI advances careers, improves organizational success and further matures the profession of project management through its globally recognized standards, certifications, resources, tools academic research, publications, professional development courses, and networking opportunities. For more, visit http://www.pmi.org/.

Source: Project Management Institute

 

 

Free project management library access in Afghanistan

 

Free PM World Library memberships available to residents of Afghanistan and other low income countries

25 August 2017 – Dallas, TX, USA and Kabul, Afghanistan – Residents of Afghanistan are offered free memberships in the PM World Library. Residents of all low income countries, as listed in the World Bank’s listing of low and low middle income countries, can gain free full access to the PM World Library (PMWL).

See the list of countries for Free Library Access at https://pmworldlibrary.net/free-basic-access/

According to PMWL Director David Pells, “We are offering free library access to those in many low income countries. We previously announced free memberships for residents of several countries in Africa, Asia and Latin America hoping to offer a resource for project managers in countries under stress or in transition. We are offering the same opportunity for residents of Afghanistan and many other countries.”

The PM World Library contains all original articles, papers and other works published in the PM World Journal since August 2012, along with profiles of all authors of those works. The library also contains access to professional information, books, journals, websites, public information and many other resources related to projects and project management. Access to several major EBSCO databases of business books and publications is also provided, which will be of interest to students and researchers in low income countries where access to those databases is either expensive or unavailable. Visit http://www.pmworldlibrary.net/ to learn more.

“While we recognize that project managers and project management professionals are often some of the most educated and highest paid professionals in every country,” Pells continues, “we are committed to global knowledge transfer and have established a policy of offering free memberships to residents of low income countries. We hope the library can provide a useful resource for those working on projects, teaching or learning project management, or growing the PM profession in those countries.”

Those working or living in Afghanistan can register for FREE ACCESS to the PMWL at http://pmworldlibrary.net/who-gets-free-basic-access/. Follow the instructions for residents of low income countries. If any problems are encountered, contact [email protected].

 

 

U.S. brings Hollywood gaffer to Zim film festival

 

NEWS FROM FASCINATING PROGRAMS/PROJECTS

Reported by Peter Banda in Harare

25 August 2017 – Harare, Zimbabwe – Project Management Zimbabwe (PMZ) has shared the news that the United States Embassy has announced the participation of Hollywood lighting designer, gaffer and cinematographer Christian Epps at this year’s Zimbabwe International Film Festival (ZIFF) and the International Images Film Festival. Epps will conduct workshops in line with the Festival’s theme, “The Business of Film.”  The Embassy will showcase the film Hidden Figures on Wednesday, August 30th at 7:00 pm at ZIFFHUB as part of the festival.  The ZIFF is a major arts programme in Zimbabwe each year, with many associated projects.

“We are delighted to have Christian Epps visit Zimbabwe,” said David McGuire, Public Affairs Officer at the United States Embassy.  “We hope the interaction with local film makers and producers will bring to the fore new trends and tools in lighting design and film making as well as provide a spark to the great relationship the United States has with the local arts industry.”  McGuire said Epps will reach out to film makers in Harare and Chitungwiza, and is eager to witness the work of amazing Zimbabwean film makers.

Epps has worked as a lighting designer for more than 20 years, covering everything from major motion pictures and broadcast television to live theater, dance, music videos and special events. He has worked with notable directors such as Spike Lee, Hype Williams, and Nick Castle.  In addition, Epps has contributed his design work to notable artists including Michael Jackson, P. Diddy, Biggy Smalls, R. Kelly, Whitney Houston, Queen Latifah, Branford Marsalis, Me’Shell N’degeocello, TLC, The Indigo Girls, and Boyz II Men, among others.  His recent projects include Selma and the award winning Sundance movie, Ain’t Them Bodies Saints.  Epps’ work has been seen across the United States and in the Caribbean, Europe, Mexico, and of late has become a regular fixture in Africa – especially Nigeria (Nollywood, TV & concert), South Africa, Rwanda, Senegal and Zimbabwe.

During the festivals Epps will present seminars covering technical presentations on lighting and a variety of other film-making skills while establishing links and co-productions as he has with other African countries and organizations.  He will give a project management workshop including a session on practical film production process management, and conduct a basic film making workshop at Young Africa Skills Center in Chitungwiza.

The award winning American film Hidden Figures tells the story of a team of female African-American mathematicians who served a vital role in NASA during the early years of the U.S. space program.  The film garnered various awards and nominations following its release earlier this year including three Academy Award nominations for Best Adapted Screenplay, Best Picture and Best Supporting Actress for Octavia Spencer. The film earned four awards at the African-American Film Critics Association.

This year’s Festival is jointly coordinated by the ZIFF and the International Film Festival for Women and runs from August 26th to September 2nd.

Project Management Zimbabwe (PMZ – Project Management Institute of Zimbabwe) is Zimbabwe’s largest Association of Project Managers, with a membership base of over 1000. The institute has a mandate of policing the elevation of project management standards nationally through mentorship and membership services programmes. For information, visit http://www.pmiz.org.zw/ or email: [email protected]

Source: Project Management Zimbabwe

 

 

Agile Business Consortium appoints new Chair

 

PM PEOPLE NEWS

21 August 2017 – Ashford, Kent, UK – The Agile Business Consortium, the not-for-profit body that champions Agile business thinking, has appointed Geof (correct spelling) Ellingham as its new Chair. He takes over from Steve Messenger who, alongside Chief Executive Mary Henson and the board, has overseen the growth of the Consortium, and the birth of the Agile Project Management (AgilePM®) training course and qualification.

Commenting on his appointment, Geof Ellingham said: “Businesses face an unparalleled period of change, so this is the right time for us to bring business agility to more organisations. This means both developing innovative new products and services, and building new relationships with like-minded individuals and groups in the business agility arena.

“Organisations, whether in the private or public sector, need to have access to a comprehensive toolkit of Agile products and guidance that can help them transform how they operate, and respond to the day-to-day changes they are experiencing.

“A huge thank you must go to Steve Messenger whose stewardship and guidance has helped lay such solid foundations for the Agile Business Consortium, and who was instrumental in the creation of AgilePM, the world’s most popular Agile project management framework. His legacy to the Agile community is enormous, and it’s a privilege for me to follow him and champion the take-up of business agility globally.”

Geof is currently leading the development of a new Agile and Digital Services qualification, which integrates the world-leading AgilePM approach with Government Digital Service (GDS) guidance and will shortly move to its beta phase to be tested more widely.

Based in Newcastle, Geof has spent 30 years in technology and education, and now runs his own Agile business consultancy. Prior to this he was Head of IT at Your Homes Newcastle, who are responsible for managing council homes for Newcastle City Council. An early convert to Agile as a developer in the 1990s, he rediscovered this enthusiasm acting as Agile coach for the Council’s digital transformation programme.

One of Geof’s first official engagements in his new role will be to lead workshops at the Agile Business Conference, 4 & 5 October in London, and spaces can be booked via http://www.agileconference.org/.

Agile Business Consortium is a not-for-profit membership organisation that aims to provide global leadership in promoting, supporting and enabling the adoption of Agile at all levels. It focuses on enabling effective business change and transformation, and in particular on improving culture, structure and leadership to deliver strategic goals. Based in Ashford, Kent, the Agile Business Consortium offers advice, guidance and accredited products and services across a wide range of industries, government organisations and charities through an international network of Agile practitioners and partners. For more information, visit http://www.agilebusiness.org/

 

 

Project Management Journal (PMJ) Updates Announced

 

PM PROFESSION & PUBLISHING NEWS

15 August 2017 – Philadelphia, PA, USA – The Project Management Institute (PMI®) has announced that during the past year PMI has implemented two significant changes that directly affected the Project Management Journalâ (PMJ). In April 2016, the Institute began to self-publish PMJ. Then in July, PMI moved its website, http://www.pmi.org/; to a new platform. These changes temporarily hampered the effectiveness of the academic search functionality and access to PMJ content. Everyone’s patience as they addressed the situation—and as they continued to make improvements — was greatly appreciated.

Individual contributions to advance the project management profession are invaluable and PMJ continues to have a strong following. Thomson Reuters’ recently published 2016 Journal Citation Report showed an increase in PMJ’s Impact Factors from 1.765 to 2.714. This notable improvement reflects the collective efforts of our authors and editors with whom PMI Academic Resources and PMI Publications are honored to collaborate.

PMI has also announced that all visitors to http://www.pmi.org/ now have access to both current and archive editions of the Journal, whether or not they have an account. On the PMJ homepage, visitors may access current articles in HTML format or download each issue as a single PDF. They will also find an “Access back issues” link at the bottom of the page. In addition, “Early View” articles are now being posted as downloadable PDFs on the PMJ Early View page.

PMI is also announcing an important content change in the Journal. The PMJ is now accepting teaching cases for publication consideration. With the rise of experiential learning, case studies have gained traction as a fundamental teaching tool in every subject area, and they have proven to be the most requested instructional resource by project management faculty internationally. PMJ is responding to the needs of instructors by launching a new section that provides full-length cases and instructor’s manuals for classroom or consulting use. See the Call for Submissions for more details.

Project Management Institute is the world’s leading not-for-profit professional membership association for the project, program and portfolio management profession. Founded in 1969, PMI delivers value for more than 2.9 million professionals working in nearly every country in the world through global advocacy, collaboration, education and research. PMI advances careers, improves organizational success and further matures the profession of project management through its globally recognized standards, certifications, resources, tools academic research, publications, professional development courses, and networking opportunities. For more, visit http://www.pmi.org/.

Source: Project Management Institute

 

 

27 new works by 33 authors added to PM World Library

 

PM EDUCATION NEWS

PM World Collection grows to 2285 project management articles, papers & other works by 968 different authors in more than 60 countries

15 August 2017– Dallas, London, Sydney – PM World has announced that 27 new articles, papers and other original works about program and project management (P/PM) have been added to the PM World Library (PMWL) this month. These contributions by 33 different authors in 14 different countries were published in the August 2017 edition of the PM World Journal (PMWJ). They can now be found among the most recent papers, articles and book reviews on the PMWL home page at http://www.pmworldlibrary.net/.

The new additions bring the total in the PM World Collection to 2285 original works by 968 different authors in 65+ countries. The collection is growing each month by around 30 new works from many different authors; of the 33 authors this month, 18 were new to the journal and library. Profiles of all authors in the library, along with access to their works, can be found at http://pmworldlibrary.net/author-showcase/.

According to PMWL Director David Pells, “I think this was the first month that we published more works by new authors than by those whose works we have published previously. We want to continue attracting articles and papers by new authors around the world, while still receiving new articles and papers by colleagues and well known experts.”

New authors in August include Lillian Agu (Nigeria), Abeer Al Nuaimi (UAE), Joanna Cewinska (Poland), Jesus Flores (USA), Wade Hawkins (Canada), Ndidi Blessing Iheama (Nigeria), Darryl John (USA), John Johnson (USA), Anna Krasnova (Poland), Olga Mikhieieva (Ukraine), Shahab Moeini (Canada), Yolanda Morgan-Davis (USA), Azzeddine Oudjehane (Canada), Stephen J.C. Paterson (Thailand), Martin Samphire (UK), Susan Slawson (USA) and Matthias Waidmann (Germany). New works from 15 authors already included in the library were also added.

“We’re also excited to launch another new series this month, on the topic of Project Business Management by Oliver Lehmann in Germany,” Pells added. “The series articles are important content each month. This month Prof Darren Dalcher again facilitated another great contribution by another Routledge author, Martin Samphire; articles by both Darren and Martin are included. And Neil Robinson contributed another interesting article in his Life is a Project series, based on his teaching program for people undergoing serious life changes.”

In addition to the original papers, more news articles were added to the library archives this month, bringing the total to well over 2,200 articles. News archives can be accessed at http://pmworldlibrary.net/ppm-news/. See archives of past editions of the PMWJ at http://pmworldlibrary.net/ppm-journals-and-magazines/.

The PM World Library (PMWL) is a global resource for continuous learning in portfolio, program and project management (P/PM). The PMWL is produced and maintained by PM World, Inc. that also publishes the monthly PM World Journal (PMWJ), a digital monthly publication featuring dozens of articles, papers and news stories about projects and project management around the world. The PMWJ is registered with the US Library of Congress (ISSN: 2330-4480), has been published monthly since August 2012 and is indexed by EBSCO, one of the world’s largest providers of databases to libraries and universities. To see the latest edition of the PMWJ, visit http://www.pmworldjournal.net/; to learn more, visit http://www.pmworldlibrary.net/.

Editor’s note: Access to all PMWJ authors and their articles and papers in the PM World Library is free. See the Scholar Membership for low cost access to EBSCO databases of thousands of business books, magazines, journals and other publications. Comments or questions can be emailed to [email protected]

 

 

 

Law school student tackles project management

 

PM PEOPLE & RESEARCH NEWS

Graduate student at Bocconi University joins PM World Library project management research internship program

13 August 2017 – Dallas, USA and Milan, Italy – PM World has announced that Stefano Castagna, a graduate student at Bocconi University in Italy, has joined the PM World Library’s project management research internship program. Stefano is currently pursuing his Master’s degree in Law and Business Administration (CLELI) at Bocconi University in Milan. He is also a candidate to the LLM in International Business Regulation, Litigation and Arbitration at New York University (NYU) School of Law in New York, USA.

Stefano holds a Law Degree from Bocconi University. During his studies and work abroad, he has worked in the field of transfer pricing and international transactions, and has written in international arbitration and tax. His studies during his MSc degree led him to gain an interest in project management and valuation connected to law-related issues, such as optimisation of time and resources in litigation and arbitration proceedings, and project management of international law and treaty making.

According to PM World Library Director David Pells, “I’m very happy to welcome Stefano to the internship program. There are two important aspects of project management that are related to laws and the legal profession. First are the legal issues that many projects and project managers must worry about, such as contracts, claims, litigation, copyrights, joint venture agreements, regulatory compliance and others. If a project crosses borders in any way, those legal issues become more complicated.”

“The second area of interest to attorneys and law firms,” Pells continues, “is related to the planning and management of major legal ‘projects’. For example, international litigation or arbitration cases, multi-party joint ventures, public-private partnerships, international regulatory compliance, etc. Stefano understands the relevance of project management to his professional plans in the legal field. Based on his research, we will be adding access to legal resources in the PMWL over the next few months.”

According to Stefano, “I was in Vienna in July representing the American Society of International Law as a delegate to the 50th meeting of the United Nations Commission on International Trade Law. My participation reinforced my interest in the library internship, since the Commission has crafted several tools that at least in part deal with project management aspects in international trade. My current interests are related to contract negotiation and commercial litigation/arbitration in an international setting, and it will be quite interesting to see how these topics interact with project management.”

PM World offers virtual project management research internships to university students worldwide who are studying at recognized universities.  Internships offer students an opportunity to research specific program/project management topics, network with other interns, gain visibility, enhance their CVs and contribute to PM World’s dual missions of promoting knowledge sharing and continuous learning. Interns also receive five years of free PMWL membership. To see participating university interns, go to http://pmworldlibrary.net/university-interns/

Follow Stefano’s research at https://pmworldlibrary.net/stefano-castagna/

The PM World Library (PMWL) is a global resource for continuous learning in programme and project management. The PMWL is administered by PM World, which also produces the monthly PM World Journal (PMWJ), a global resource for sharing knowledge related to portfolio, program and project management (P/PM). To see the latest edition of the PMWJ, go to http://www.pmworldjournal.net/. To learn more, visit http://www.pmworldlibrary.net/.

 

 

Nigerian oil projects get big boost

 

OTHER NEWS AFFECTING PROJECTS & PM

NNPC, Shell, Chevron Sign Agreements to Boost FG Revenues by $16 billion

10 August 2017 – London, UK and Port Harcourt, Nigeria – The Nigerian National Petroleum Corporation (NNPC) has announced the signing of two sets of alternative financing agreements on Joint Venture (JV) projects to boost reserves and production in line with government’s aspirations. The agreements were executed in London on Monday between the Nigerian National Petroleum Corporation (NNPC) and two of its JV partners: NNPC/Chevron Nigeria Limited (CNL) JV and NNPC/Shell Petroleum Development Company (SPDC) JV.

The two projects are expected to generate incremental revenues of about $16 billion within the assets’ life cycle including a flurry of exploratory activities that would generate employment opportunities in the industry, boost gas supply to power and rejuvenate Nigeria’s industrial capacity utilization.

The agreement with Chevron would see the development of the NNPC/CNL JV Sonam Project (Project Falcon), hitherto financed through cash calls, to incremental proven and probable oil/liquids reserves of 211 million barrels and proven and probable gas reserves of 1.9 trillion cubic feet within in Oil Mining Licences (OMLs) 90 and 91.

The project is expected to begin to bear fruits in next three and six months.

Speaking at the signing ceremony, Group Managing Director of the NNPC, Dr. Maikanti Baru, said the project is envisaged to achieve an incremental peak production of about 39,000 barrels per day of liquids and 283 million standard cubic feet of gas per day (mmscf/d) of gas respectively over the life cycle of the asset.   (Photo courtesy of NNPC)

The Joint Venture partner, he said, had already expended $1.5 billion representing 97 per cent of project completion costs, adding that the agreement would cover the remaining $780 million to complete the project’s scope.

Providing a breakdown of the expected funding requirements of the Sonam Project, Dr. Baru said $400 million is to fund the development of seven wells in the Sonam field (OML 91), the Okan 30E Non-Associated Gas (NAG) well (OML 90), and associated facilities including completion of Sonam NAG Well Platform.

The GMD added that $380 million would also be required to reimburse the JV partners for the 2016 portion of the funds committed to lenders that had been cashed and paid for.

He stated that the Sonam Project alone, on fruition, would net the Federal Government cumulative incremental earnings of $7.3 billion over the project’s life.

The agreement with SPDC, on the other hand, would facilitate the development of the NNPC/SPDC JV Project Santolina which comprised of 156 development activities across 12 OMLs and 30 different fields in the Niger Delta.

For more on this important development, click here.

 

 

Full Program for 2017 UT Dallas PM Symposium revealed

 

Five keynotes, 33 professional presentations, 3 panels and networking to highlight 11th annual UT Dallas Project Management Symposium

9 August 2017 – Richardson, Texas, USA – The full program can now be viewed for the 11th annual University of Texas at Dallas (UT Dallas) Project Management Symposium taking place during 17-18 August. The two and half day event will feature five keynote presentations, 33 paper presentations, three panels, a half day of Agile discussions and multiple networking opportunities. Attendance this year is expected to exceed 400. To visit the symposium website, click here.

Keynote speakers for this year’s symposium will include:

Peter Eckert, Co-Founder and Chief Experience Officer of Projekt 202, one of the fastest-growing private companies in the United States. A UX design visionary and one of the best UX design leaders in the world, Peter is responsible for helping businesses develop and establish meaningful company‐wide experience strategies through understanding audiences and customers better than ever before. His presentation is titled “The Empathetic Project Manager.” He will show how empathy can help turn you into a power PM, make your projects go smoother and make your project teams love you? Peter will discuss how you can successfully leverage already well-established techniques out of the cognitive science toolbox to develop empathy and have teams perform at a higher level.

Anne Guevara, Director of Program Leadership at Raytheon and the Director of the Maritime & Littoral Systems portfolio in Raytheon’s Space and Airborne Systems where she manages ~$300M of development, production and sustainment & support activities. A 20+ year veteran of Raytheon, Anne has managed a variety of large complex manufacturing & program leadership challenges ‐ including two assignments as an expatriate on an international joint venture where she managed a large complex software development initiative (14M lines of code!). Ms. Guevara will share her reflections regarding large scale change leadership: How does the Platinum Rule apply? What does Cultural Intelligence look like? What to do if your plan does not work? Disruption is the easy part; leading thru the chaos of uncertainty to achieve a noble purpose is the rewarding challenge!

Keith Thurgood, PhD, Clinical Professor of Healthcare Leadership and Management at the UT Dallas Jindal School of Management, on “Defeating the Status quo…Why leaders matter!” As the speed of business accelerates, organizations must be agile, adaptable and actively engaged in disruptive innovation, and that type of innovation is driven by disruptive leadership. Dr. Thurgood brings a unique perspective on healthcare, operations management and leadership having served at senior level leadership positions in for‐profit and not‐for‐profit organizations. Most recently Dr. Thurgood was President, Spend and Clinical Management, MedAssets, a healthcare performance improvement company. He also served as the Senior Vice President of Operations for Sam’s Club. He previously served as CEO of The Exchange (formerly the Air Force Exchange Service (AAFES), the United States Department of Defense’s $10 billion global for‐profit retail enterprise and he has also held executive positions with Frito‐Lay and PepsiCo. In addition to his civilian job, he has over 28 years of Army service, both active and reserve. Major General Thurgood served as the Deputy Commanding General and Chief of Staff, United States Army Reserve in Washington, D.C. His last assignment prior to his retirement was the Deputy, Business Transformation, Office of the Secretary of the Army.

Davidson Frame, PhD, PMP, PMI Fellow Director, 2017 PMI Board of Directors, is academic dean and chief academic officer at the 6,000‐student University of Management and Technology (UMT) in Virginia, USA. He will present PMI’s 2017 Pulse of the Profession® research that reveals for the first time in five years, more projects are meeting original goals and business intent and being completed within budget. Organizations are becoming “champions” of project management by investing in talent, benefits realization management, PMOs and EPMOs, executive sponsors, and agile approaches. He will discuss two case studies, one providing an overview of why a project went wrong and the second illustrating how an organization did a project right.

Dr. Meg Infiorati, Vice President, IPMA USA – Intentional or Accidental Disruption: Are You Ready to Navigate the Choppy Waters? Meg E. Infiorati is an organizational psychologist with a private practice aiding individuals and organizations as they navigate through choppy waters of their own. With more than 30 years managing projects, programs, portfolios, and product lines, she has always focused on the human consequences for success or failure. Dr. Infiorati introduces the human assessments necessary for ‘what if’’ conversations for individuals and teams as they maneuver though today’s problems and tomorrow’s likely outcomes. Dr. Infiorati is a founding member of the Project Management Association of Nepal (PMAN‐2008) and has designed project planning approaches for international NGOs devoid of project knowledge as well as non‐profit organizations and charitable/volunteer programs in the USA. Dr. Infiorati holds degrees in Organizational Psychology, Organizational Management and Business Management and currently is a professor at Saint Leo University in Florida.

Under the theme “Disruptive Leadership”, the 2017 UT Dallas Project Management Symposium will be held during 17-19 August 2017 in the Naveen Jindal School of Management on the UT Dallas campus in Richardson, Texas, USA. The 2.5-day symposium is sponsored by the Graduate Program in Project Management at UT Dallas, in cooperation with the PMI Dallas Chapter and the PM World Journal. Special pricing and group discounts are still available. To access conference website, click here.

The 2.5-day project management conference will include 33 presentations on topics relevant to industries in North Texas, including healthcare, IT, software, telecommunications and others. This is a traditional conference with papers and presentations selected through a blind review process offering opportunities for PM practitioners, experts and researchers to get published and for professionals to learn from their peers. Saturday’s half-day will include an interactive Agile workshop. Participants can receive up to 16 PDUs. If you live in the central USA, don’t miss this major regional project management conference. For more or to register, click here.

The Project Management Program at The UT Dallas in the Executive Education Center in UT Dallas’ Naveen Jindal School of Management offers a Graduate Certificate in Project Management, a MS degree with an emphasis in project management and an MBA degree with project management emphasis. The UT Dallas PM program, originally developed in 1997, is accredited by the Project Management Institute (PMI®) and is a PMI Registered Education Provider Program (PMI R.E.P.). For more information, visit project.utdallas.edu.

The PMI Dallas Chapter is a volunteer-based professional association dedicated to supporting the growth and development of project management practitioners, as well as building awareness of the project management discipline and its critical role in business and organization success. Founded in 1984 and with over 4,000 members, the PMI Dallas Chapter is one of the world’s largest PMI components. To learn more, visit http://www.pmidallas.org/

The PM World Journal (PMWJ) is registered with the US Library of Congress (ISSN: 2330-4480) and indexed by EBSCO, the world’s largest provider of databases to libraries and universities. The PMWJ is produced by PM World which also maintains the PM World Library (PMWL), a global resource for continuous learning in programme and project management. To read the latest edition, go to http://www.pmworldjournal.net/. To learn more, visit http://www.pmworldlibrary.net/.

 

 

The Business of Portfolio Management

 

PM PUBLISHING NEWS

Boosting Organizational Value through Portfolio Management – New book by Iain Fraser published by PMI

7 August 2017 – Philadelphia, PA, USA – The Project Management Institute (PMI®) has a new book, The Business of Portfolio Management: Boosting Organizational Value Through Portfolio Management, by Iain Fraser. Iain Fraser, Dip PPC, PMP, MoP, P3M3, PMI Fellow, Fellow PMINZ is a former Chair of the PMI Board of Directors and a well-known international project management expert and professional leader.

According to the PMI summary:

Today there is a gap between organizational strategy and day-to-day management activities. To capitalize on new opportunities, or “getting ahead” rather than just “staying in business,” most workplaces need a radical transformation. This transformation can begin with how organizations devise and manage their portfolios. Long underutilized as a mechanism to provide value, portfolio management is now being recognized as an effective approach to bridging these critical business elements.

The Business of Portfolio Management offers keys to adopting a new approach to portfolio management that boosts organizational value. A veteran in the field, author Iain Fraser proposes a solution that lies in using the value management framework to link organizational strategy to portfolio content and to delivery mechanisms.

In this expansive guide, case study examples illuminate in-depth discussions explaining the value management framework, implementation and delivery techniques, portfolio leadership qualities, key roles and professional development, and change management. Also included is an overview of organizational maturity models to evaluate project, program, and portfolio performance as well as tools and techniques to implement, execute, and measure their benefits and value contribution.

The Business of Portfolio Management, by Iain Fraser, published by PMI in the USA; ©2017, 166 pages, hard cover, ISBN 9781628253726; List price = US$44.95; info at http://marketplace.pmi.org/Pages/ProductDetail.aspx?GMProduct=00101599501

PMI members receive discounted pricing.

The Project Management Institute (PMI®) is the world’s largest project management member association, representing a million practitioners in more than 200 countries. PMI advances the profession through global standards, credentials, chapters, virtual communities, academic research, events and publications. To see the latest books from PMI, visit http://marketplace.pmi.org/.

Source: Project Management Institute