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Welcome to the August 2015 Edition of the PM World Journal

 

Introduction to and Overview of the Current Edition

David Pells

Managing Editor

Addison, Texas, USA

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Welcome to the August 2015 edition of the PM World Journal (PMWJ). This 37th edition of the Journal contains 35 articles, papers, reports and book reviews by 41 different authors in 14 different countries. News articles about projects and project management around the world are also included. Since the primary mission of the journal is to support the sharing of knowledge and information related to program and project management (P/PM), please share this month’s edition with others in your network.

Invitation to Share Knowledge

We invite you to share your knowledge and experience (and stories) related to program and project management. A wide variety of articles, papers, reports, book reviews and news stories are included in the PMWJ each month. Share knowledge and gain visibility for you and your organization; publish an article or paper in the PMWJ. See our Call for Papers in the news section of the PMWJ this month; if interested in submitting works for publication, review the Author Guidelines for the journal. Then just email your original work to [email protected].

This month in the Journal

We begin this month with one Letter to the Editor – from Russ Archibald in Mexico “On the subject of Marco Sampietro’s paper on Project Team Member’s Perspective in the July edition”. If you have a reaction to something in this month’s edition and won’t mind sharing it with others, please send it in an email to [email protected].

We start this month’s edition with a wonderful Featured Interview with Debbie O’Bray, PMI Fellow and Former Chair of the PMI Board of Directors. Debbie has been an active PMI leader for 25 years, has traveled and spoken widely on behalf of the Institute and has a great personal story to tell. Debbie is also a global advisor for the PMWJ. Don’t miss this interview, captured by PMWJ managing editor (me) via email. (Of course, I’ve known Debbie for twenty years, so I knew what questions to ask!)

7 Featured Papers are included this month, by 12 authors in six different countries. Lev Virine, Michael Trumper and Eugenia Virine in Calgary, Alberta (Canada) have authored a new paper titled “Emotions in Project Management.” Building on their theme of ‘choice engineering’, they describe how both positive and negative emotions can affect management decisions often to the detriment of project success.

Beyond Buildability: Operability and Commissioning of Industrial Facilities” is a featured paper by Maurini Elizardo Brito, Raphael de Oliveira Albergarins Lopes, Luiz Rocha and Prof. Eduardo Qualharini in Rio de Janeiro, Brazil. These authors, who work together in support of IPMA Brazil, rightly focus on the value delivery of projects, after the project has officially ended. After all, a facility must be fully operational as planned after construction.

Hareshchandra Thakur, an executive with Wartsila India in Mumbai, has authored “Determinants of Project Success in a Multicultural Environment – a Project Team’s Perspective” in response to our call for papers on leading multicultural teams. His paper is based on experience at Wartsila working with a wide variety of stakeholders. According to Mr. Thakur, “… once we act with mindfulness, apply the principles of leadership and consciously work with higher EI (emotional intelligence), we find that not only the efficiency and effectiveness is enhanced, but also working is more of a pleasure and is purpose driven.” This paper contains some astute insights gained over numerous programs and projects.

Emils Pulmanis, our correspondent in Riga, Lativa and an active project management leader in multiple organizations there, is the author of the featured paper this month titled “The Investment Plan for Europe and European Fund for Strategic Investments (EFSI): New project management challenges.” According to Emils’ introduction, “During the Latvian presidency of the EU council, The European Commission approved a € 315 billion Investment Plan to get Europe growing again and get more people back to work… This paper analyzes the new EU Investment plan and shows different opinions and problems that might arise during its implementation…” If you live or work in Europe, you need to read this paper.

David Hulett, PhD, one of the world’s leading project scheduling and risk management experts based in Southern California, has authored “What Should We Do with Unknowns in Schedule Risk Analysis.” Dr. Hulett concludes with “This paper presents four different concepts of knowns and unknowns and shows how they are, or could be, represented in a schedule risk model using uncertainty, risk events and confidential interviews.” Dr. Hulett doesn’t stop at traditional schedule risks, rather drawing on the work of Ed Merrow, Bent Flyvbjerg, John Hollmann and others on major project failures to assess the impact of underestimating costs and resource requirements on projects.

More…

To read entire paper (click here)

 



About the Author


pmwj36-Jul2015-Pells-PHOTODAVID PELLS

Managing Editor, PMWJ

Texas, USA

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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 energy, engineering, construction, defense, 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 advisory support for major programs and global organizations. David has published widely, spoken at conferences and events worldwide, and can be contacted at [email protected].

To view other works by David Pells, visit his author showcase in the PM World Library at http://pmworldlibrary.net/authors/david-l-pells/.

For more, visit https://www.pmworldjournal.net/ and http://www.pmworldlibrary.net/.