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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/

 

 

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 info@pmworldlibrary.net

 

 

 

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.

 

 

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

 

 

Law for Project Managers

 

PM PUBLISHING NEWS

New book from Routledge provides guidance on many legal matters confronting projects and project managers

27 July 2017 – Florida, USA – Routledge has announced the publication of a new book titled Law for Project Managers, Second Edition, by David Wright. Published in July, this updated book provides an easily understandable and practical guide to the laws of contract, liability, intellectual property and so on, all from the perspective of the project manager.

According to the Routledge release, the book covers everything from intellectual property disputes with the client organisation about who actually ‘owns’ the outcome, to confusion arising during an international project from the different legal systems and their approach to contracts and health and safety problems in the management of contractors. Most importantly, it explains everything in very straightforward terms; legal jargon is either avoided altogether or defined with its relevance to the project manager explained.

Law for Project Managers is a clear, readable and expert guide on this and many other important legal matters for the practising project manager as well as a supplementary text for post- or undergraduate students studying the commercial aspects of law, contracting and project management.

David Wright is an independent consultant, specialising in project management and engineering. He is an experienced arbitrator, mediator and adjudicator in the process industry and has authored and contributed to a number of books, including The Purple Book, the standard guide to the ICHEME conditions of contract.

For more about this book, go to https://www.routledge.com/Law-for-Project-Managers/Wright/p/book/9781138063907

Routledge is one of the world’s leading academic publishers in the Humanities and Social Sciences. Routledge publishes thousands of books and journals each year, serving scholars, instructors, and professional communities worldwide. Routledge is a member of Taylor & Francis Group, an informa business. To see Routledge catalogues and titles, go to https://www.routledge.com/. To see their project management titles, click here.

Source: Routledge