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Organizational Project Portfolio Management by Dr. Prasad Kodukula published by J. Ross Publishing in USA

 

PM PUBLISHING NEWS

15 June 2014 – J. Ross Publishing has announced the publication of Organizational Project Portfolio Management: A Practitioner’s Guide, by Dr. Prasad S. Kodukula, PMP, PgMP. The book offers a generic, practical methodology and tool kit to design, build, and manage a balanced portfolio at any level of the enterprise. These techniques can be used irrespective of business industry, where the portfolio management group is located within the organizational hierarchy, or the type of projects contained.

140615-pmwj24-organizational-IMAGEAccording to the publisher, the book:

  • Discusses how the principles of financial portfolio management are applicable to project portfolios, and outlines the three key steps to achieving a profitable project portfolio: 1) Defining your project investment strategy, 2) Selecting the right projects, and 3) Effectively managing them;
  • Presents a model and PPM methodology for a balanced portfolio based on concepts similar to a framework known as the ‘balanced scorecard’ that allows you to create a balance along any project characteristic such as size, risk, and development time;
  • Demonstrates how earned value management techniques can be effectively applied at the portfolio level and addresses risk and uncertainty;
  • Explains how to reprioritize projects when resources become limited, utilize key metrics to monitor and manage portfolio performance, and determine whether a project should be continued or terminated; and
  • Uses a case study to illustrate how you can apply the methods and tools presented throughout the text and includes case study exercises to enhance the learning process.

WAV™ offers downloadable charts for managing resources, discounted cash flow and Monte Carlo simulation spreadsheets, and worksheets for portfolio and project case examples in the book — available from the Web Added Value™ Download Resource Center at www.jrosspub.com

Dr. Prasad Kodukula, PMP, PgMP, is an award-winning educator, accomplished engineer, author, and inventor with 25 years of professional experience.  Dr. Kodukula is co-founder and president of Constant Compliance, Inc., a Chicago-based technology company that specializes in developing and commercializing environmental and homeland defense technologies.  His clients include 15 of the Fortune 100 companies and the U.S. government.  He has managed many research/development and engineering projects and project teams while working as a senior project manager at a multi-national engineering consulting firm and a global chemical company.  Prasad holds degrees from the Illinois Institute of Technology, Cornell University, and Rutgers University. He was recognized by the Project Management Institute as “Best of the Best in project management” with a 2010 PMI Distinguished Contribution Award.  His first book with J. Ross Publishing, Project Valuation Using Real Options: A Practitioner’s Guide, is a best seller and he has also written more than 40 technical articles.

More about this book can be found at http://www.jrosspub.com/project-valuation-using-real-options-197.html.

J. Ross Publishing is an innovative and cutting-edge publisher of applied professional, business and technical books, multimedia, and online products for global professional markets. At J. Ross we collaborate with industry leaders to provide critical and timely information that will keep today’s professionals on top of new and important advances in their fields. Our mission is to publish products that solve real-world challenges and offer insight into new and effective practices. The J. Ross Web Added Value Download Resource Center allows book buyers to access value-added materials that supplement and enhance their learning experience — giving them the opportunity to apply what they’ve learned. Visit www.jrosspub.com.

Source: J. Ross Publishing

NASA’s Mars Curiosity Rover Marks First Martian Year with Mission Successes

 

NEWS FROM FASCINATING PROGRAMS & PROJECTS

24 June 2014 – Washington, DC, USA – NASA has announced that NASA’s Mars Curiosity rover has completed a Martian year — 687 Earth days — having accomplished the mission’s main goal of determining whether Mars once offered environmental conditions favorable for microbial life.

140624-pmwj24-mars-IMAGEOne of Curiosity’s first major findings after landing on the Red Planet in August 2012 was an ancient riverbed at its landing site. Nearby, at an area known as Yellowknife Bay, the mission met its main goal of determining whether the Martian Gale Crater ever was habitable for simple life forms. The answer, a historic “yes,” came from two mudstone slabs that the rover sampled with its drill.

(Image: NASA’s Mars Curiosity Rover captures a selfie to mark a full Martian year spent exploring the Red Planet. Image Credit: NASA/JPL)

Analysis of these samples revealed the site was once a lakebed with mild water, the essential elemental ingredients for life, and a type of chemical energy source used by some microbes on Earth. If Mars had living organisms, this would have been a good home for them. 

Other important findings during the first Martian year include:

  • Assessing natural radiation levels both during the flight to Mars and on the Martian surface provides guidance for designing the protection needed for human missions to Mars.
  • Measurements of heavy-versus-light variants of elements in the Martian atmosphere indicate that much of Mars’ early atmosphere disappeared by processes favoring loss of lighter atoms, such as from the top of the atmosphere. Other measurements found that the atmosphere holds very little, if any, methane, a gas that can be produced biologically.
  • The first determinations of the age of a rock on Mars and how long a rock has been exposed to harmful radiation provide prospects for learning when water flowed and for assessing degradation rates of organic compounds in rocks and soils.

Curiosity paused in driving this spring to drill and collect a sample from a sandstone site called Windjana. The rover currently is carrying some of the rock-powder sample collected at the site for follow-up analysis.

“Windjana has more magnetite than previous samples we’ve analyzed,” said David Blake, principal investigator for Curiosity’s Chemistry and Mineralogy (CheMin) instrument at NASA’s Ames Research Center, Moffett Field, California.  “A key question is whether this magnetite is a component of the original basalt or resulted from later processes, such as would happen in water-soaked basaltic sediments. The answer is important to our understanding of habitability and the nature of the early-Mars environment.”

Preliminary indications are that the rock contains a more diverse mix of clay minerals than was found in the mission’s only previously drilled rocks, the mudstone targets at Yellowknife Bay. Windjana also contains an unexpectedly high amount of the mineral orthoclase, This is a potassium-rich feldspar that is one of the most abundant minerals in Earth’s crust that had never before been definitively detected on Mars.

This finding implies that some rocks on the Gale Crater rim, from which the Windjana sandstones are thought to have been derived, may have experienced complex geological processing, such as multiple episodes of melting.

“It’s too early for conclusions, but we expect the results to help us connect what we learned at Yellowknife Bay to what we’ll learn at Mount Sharp,” said John Grotzinger, Curiosity Project Scientist at the California Institute of Technology, Pasadena. “Windjana is still within an area where a river flowed. We see signs of a complex history of interaction between water and rock.”

Curiosity departed Windjana in mid-May and is advancing westward. It has covered about nine-tenths of a mile (1.5 kilometers) in 23 driving days and brought the mission’s odometer tally up to 4.9 miles (7.9 kilometers). 

Since wheel damage prompted a slow-down in driving late in 2013, the mission team has adjusted routes and driving methods to reduce the rate of damage.

For example, the mission team revised the planned route to future destinations on the lower slope of an area called Mount Sharp, where scientists expect geological layering will yield answers about ancient environments. Before Curiosity landed, scientists anticipated that the rover would need to reach Mount Sharp to meet the goal of determining whether the ancient environment was favorable for life. They found an answer much closer to the landing site. The findings so far have raised the bar for the work ahead. At Mount Sharp, the mission team will seek evidence not only of habitability, but also of how environments evolved and what conditions favored preservation of clues to whether life existed there.

The entry gate to the mountain is a gap in a band of dunes edging the mountain’s northern flank that is approximately 2.4 miles (3.9 kilometers) ahead of the rover’s current location. The new path will take Curiosity across sandy patches as well as rockier ground. Terrain mapping with use of imaging from NASA’s Mars Reconnaissance Orbiter enables the charting of safer, though longer, routes.

The team expects its will need to continually adapt to the threats posed by the terrain to the rover’s wheels but does not expect this will be a determining factor in the length of Curiosity’s operational life.

“We are getting in some long drives using what we have learned,” said Jim Erickson, Curiosity Project Manager at NASA’s Jet Propulsion Laboratory (JPL) in Pasadena, California. “When you’re exploring another planet, you expect surprises.  The sharp, embedded rocks were a bad surprise. Yellowknife Bay was a good surprise.”

JPL manages NASA’s Mars Science Laboratory Project for NASA’s Science Mission Directorate at the agency’s headquarters in Washington, and built the project’s Curiosity rover. For more information about Curiosity, visit: http://www.nasa.gov/msl and http://mars.jpl.nasa.gov/msl/

Created in 1958, the National Aeronautics and Space Administration (NASA) is America’s focal point for research, development and exploration of outer space. For over 50 years, NASA has been leading the world in the development and usage of advanced program and project management. Additional information about NASA can be found at www.nasa.gov.

 

Source: NASA

 

Image: courtesy of NASA

Pantex Wind Farm project completed in Texas under unique private financing scheme

PROJECT NEWS

18 June 2014 – WASHINGTON, D.C. – The National Nuclear Security Administration (NNSA) has announced the dedication of the largest federally owned wind farm in the United States on Tuesday, 17 June at the Pantex Plant near Amarillo, Texas. Lt. Gen. (Ret.) Frank G. Klotz, Under Secretary for Nuclear Security and Administrator for NNSA, was joined at the ceremony by Kevin Knobloch, DOE’s Chief of Staff, NNSA Production Office (NPO) Manager Steven Erhart, Siemens Government Technologies President and CEO Judy Marks and Texas Tech University (TTU) Associate Vice Chancellor Russell Thomasson.

140618-pmwj24-pantex-IMAGEPantex will now be powered largely by the Pantex Renewable Energy Project (PREP), an 11.5 megawatt, five-turbine wind farm that has been under construction since August on 1,500 acres of DOE-owned land adjacent to the Pantex Plant.

Construction of the wind farm was completed this week under a unique finance model, known as an Energy Savings Performance Contract, which allowed Siemens to build PREP with no upfront cost to the taxpayers. Siemens will be paid directly from the value of guaranteed energy savings generated by the turbines, an amount expected to average $2.8 million annually.

PREP will generate approximately 47 million kilowatt-hours of electricity annually, which is enough to power nearly 3,500 homes. The project will reduce CO2 emissions by over 35,000 metric tons per year, the equivalent of removing 7,200 cars from the road each year or planting 850,000 trees.

In addition to providing 60 percent of the electricity for Pantex operations, PREP will serve as the keystone for an ongoing collaboration with TTU to make Pantex a leader in innovation within the wind energy sector. TTU and the NNSA Production Office (NPO) recently signed a Memorandum of Understanding that would combine the resources of DOE/NNSA, Pantex and TTU’s National Wind Institute to study ways to create a world-class energy research center at Pantex.

Klotz was at Pantex to help “throw the switch” on the PREP, conduct an extensive tour of the plant and hold an All Hands meeting with Pantex employees.

“Pantex has an important and enduring mission, ensuring the safety and effectiveness of U.S. nuclear weapons,” Klotz said. “In carrying out this mission, here at Pantex and elsewhere in the nuclear security enterprise, we are committed to managing costs and to delivering projects on time and under budget. The Pantex Renewable Energy Project is a major milestone toward keeping that promise to the U.S. taxpayer.”

Tuesday marked the first Pantex visit for Klotz since he was confirmed by the Senate in April as the Administrator of the NNSA. The Pantex Plant is the nation’s primary facility for the assembly, disassembly and maintenance of nuclear weapons.

Officials from Environmental Protection Agency were also on hand Tuesday to present Pantex with a “Greenovation” award recognizing the Plant’s innovative reuse of the PREP site.

“In our visit to Pantex today, I am deeply impressed with the energy, talent and commitment to excellence represented by all Pantexans,” Klotz said. “The U.S. Department of Energy – and indeed the entire nation – are so very proud of the Pantex workforce for their service on behalf of our nation’s security.”

Established by Congress in 2000, NNSA is a semi-autonomous agency within the U.S. Department of Energy.  NNSA maintains and enhances the safety, security, reliability and performance of the U.S. nuclear weapons stockpile without nuclear testing; works to reduce global danger from weapons of mass destruction; provides the U.S. Navy with safe and effective nuclear propulsion; and responds to nuclear and radiological emergencies in the U.S. and abroad.  More about NNSA can be found at http://nnsa.energy.gov/aboutus

Source: NNSA/USDOE

African Project and Project Management Association elects Nigeria university don as President

PM PROFESSION NEWS

Full slate of APPMA officers elected for two year term 

29 June 2014 – Accra, Ghana – The African Project and Program Management Association (APPMA) has announced the election of Nigerian university don, Engr. Professor Festus Prince Okechukwu Ukwuoma, as its next President.  Prof Ukwuoma, who is currently the Head of Project Management Technology at the Federal University of Technology, Owerri (FUTO), was elected at the Annual General Meeting of the Association as part of the 2nd African Project and Program Management Conference (APPMC) just ended in Ghana.

140629-pmwj24-new-IMAGEBy this election, Prof Ukwuoma will lead the Association for the next two years and would bring his decades of project management and administrative experiences to bear on the growth of the Association.

President of the Direct Leadership Institute (DLI), and Project Director of the African Project and Program Management Conference (APPMC), Dr. Donald Agumenu was elected as Secretary General.

Head of Human Resources at the Public Procurement Authority (PPA) Ghana, Yvonne Vandepuye will serve as Vice President (Programs) while Engineer Asuquo Okon, an oil and gas project management consultant/ trainer, will serve as Vice President (Membership & Mobilization).

Lieutenant General Arnold Quainoo (first commander of the Economic Community of West African States Monitoring Group -ECOMOG-, former Minister of Defence, Ghana) will chair the  Advisory  Council of the African Project and Program Management Board. Mr. Boniface Emenalo of the National Assembly also sits in the advisory board.

For information about the African Project and Program Management Association, contact [email protected].

Free Project Management Books for July Drawing Announced

PM BOOK NEWS

Nine program and project management books announced for end of July drawing

29 June 2014 – Dallas, Texas, USA – PM World has announced the books to be offered for the July 2014 drawing in the FREE BOOKS program through the PM World Library (PMWL) website.  The monthly drawings for free books, an opportunity for those interested in program, project and portfolio management, were announced in February 2014 in conjunction with the official unveiling of the new online library.  The PMWL (www.pmworldlibrary.net) is a global resource for continuous learning related to program and project management (P/PM).

140629-pmwj24-books-IMAGEWorking in partnership with authors and publishers, a number of books are offered as prizes for monthly drawings. A random number drawing is held at the end of each month for the books, to be delivered at no cost to lucky winners.  Books for upcoming drawings are posted on the PM World Library home page and in the PM World Journal.  For more information about the drawings for FREE BOOKS, click here.

Books offered for the July 2014 drawing include:

  • Leading & Managing Innovation: What Every Executive Team Must Know about Project, Program & Portfolio Management; Authors: Russell Archibald and Shane Archibald; Publisher: Infinity Press (2012); For more about the book, click here.
  • A Compendium of PMO Case Studies: Reflecting Project Business Management Concepts, by Dennis Bolles and Darrell Hubbard; Publisher: PBM Concepts (2013) For more about the book, click here.
  • Communication for Continuous Improvement Projects; Author: Tina Augustiady; Publisher: CRC Press / Auerbach Publications (2013); For more about the book, click here.
  • Handbook of Project-Based Management, 4th Ed.; Author: Rodney Turner, PhD; Publisher: McGraw-Hill (2014); For more about the book, click here.
  • The Power of Project Management Leadership: Your Guide on How to Achieve Outstanding Results; Author: Laszlo A. Retfalvi; Publisher: CreateSpace Publishing (2014); For more about the book, click here.
  • Agile Practices for Waterfall Projects: Shifting Processes for Competitive Advantage; Author: Barbee Davis; Publisher: J. Ross Publishing (2012); For more about the book, click here.
  • Advanced Multi-Project Management: Achieving Outstanding Speed and Results with Predictability; Authors: Gerald I. Kendall, Kathleen M. Austin; Publisher: J. Ross Publishing (2012); For more about the book, click here.
  • Creative, Effective and Efficient Project Management; Author: Ralf M. Kliem; Publisher: CRC Press / Auerbach Publications (2013); For more about the book, click here.
  • The Six Sigma Handbook, 4th Edition; Authors: Thomas Pyzdek, Paul Keller; Publisher: McGraw-Hill (2014); For more about the book, click here.

According to David Pells, library director and managing editor of the PM World Journal, “Publishers have really stepped up to support this free books program.  A few well known authors like Russ Archibald, Dennis Bolles and Laszlo Retfalvi have also provided books.  Some books cover basic aspects of PM, others are on advanced or trending topics.  It’s a great program.”

To win, one must be a registered member of the PMWL.  To see FREE BOOKS offered for more upcoming drawings, CLICK HERE. To learn more about the PMWL, go to www.pmworldlibrary.net.

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 that also publishes the monthly PM World Journal (PMWJ), a web-based monthly publication featuring dozens of articles, papers and news stories about projects and project management around the world.  To see the latest edition of the PMWJ, visit www.pmworldjournal.net; to learn more, visit www.pmworldlibrary.net. Follow the PMWL on Facebook, LinkedIn or @pmworldlibrary.

7-Eleven CIO Wes Hargrove to Discuss Continuous Improvement Projects at UT Dallas on 14 August

INDUSTRY NEWS

Information system and technology projects key to improving processes at convenience stores across North America

30 June 2014 – Richardson, Texas, USA – Organizers of the 8th Annual UT Dallas Project Management Symposium being held during August 14-15, 2014 in Richardson, Texas, USA have announced that the second keynote speaker for the conference will be Mr. Wes Hargrove, Chief Information Officer (CIO) for 7-Eleven Corporation.  The2 Day UT Dallas Project Management Symposium is being held in the NaveenJindal School of Management on the UT Dallas campus in Richardson, Texas, USA.  The theme of the 8th Annual UT Dallas Project Management Symposium is “Maximizing the Value of Project Management”.  Registration is open; for information click here.

140630-pmwj24-7eleven-IMAGEWes Hargrove is senior vice president and chief information officer for 7-Eleven, Inc. will speak at 9:45 a.m. on Thursday, 14 August about the company’s investment in information technology. He is responsible for the company’s enterprise technology capabilities and the continuous improvement of the 7-Eleven retail information system, a key technology initiative to improve retail processes for the company’s stores in the United States and Canada.

Hargrove brings more than 36 years of experience with 7-Eleven and has an extensive background in 7-Eleven’s logistics, merchandising and operations divisions. His 7-Eleven career began as a management trainee, and he has held various positions including store manager, market manager, CDC operations manager, division logistics manager, senior product director of non-foods, senior director of merchandising business systems and vice president of logistics. Wes has a bachelor of arts degree in business from Adams State College.

Five years ago, Joe DePinto, President and CEO of 7-Eleven, Inc., asked proven business leader Wes Hargrove to take the helm of IT. Drawing on his 35 years of experience in the logistics, merchandising and operations divisions at 7-Eleven, Hargrove immediately went to work integrating IT and the business, reorganizing the department from a business perspective. Although new to the CIO role, Hargrove’s background prepared him to build the efficient business partnerships that result in strategic business solutions. Hargrove will discuss his journey into the CIO role and offer important lessons on how to effectively execute initiatives that drive exceptional enterprise value. They select and strategically structure priorities that align the IT function with business needs. Hargrove describes how through continuous improvement he prioritizes projects, obtains support from stakeholders and executes executive business priorities through innovative technology.

Other Keynote speakers announced for the 8th Annual UT Dallas PM Symposium include Ron Patterson, Assistant Manager for the City of Frisco who will speak on “The Dallas Cowboys move to Frisco”; Michael DePrisco, Project Management Institute (PMI) Vice President who will speak on “2014 Rules of the Profession”; Andrew Bragg, International Project Management Association (IPMA) Vice President and CEO of the Association for Project Management (UK) who will speak on “The Value of Project Management”; and David Harvey, Sr. Director of Strategic Planning for Southwest Airlines who will close the symposium with a presentation on “Leading Change at Southwest Airlines.”

The UT Dallas symposium will include an Opening Ceremony with keynote speakers, professional paper presentations by approximately 45 different speakers, panel discussions, lunches and coffee breaks, a networking reception, keynote presentations by representatives of IPMA and PMI on Friday morning, and a closing plenary session with keynote speaker and door prizes.   Participants can receive 16 PDUs for attending.  Early registration with best price extends until 14 July 2014; discounted group pricing is also available. To register, see keynote speakers, view presenters’ abstracts and for additional information, go to pmsymposium.utdallas.edu.

The annual UT Dallas Project Management Symposium is organized by the Project Management Program at The University of Texas at Dallas (UT Dallas), in cooperation with the PMI Dallas Chapter and the PM World Journal.  If you are a project manager or project management professional living in North Texas, plan to attend this world class symposium.  More information can be found at pmsymposium.utdallas.edu.

The Project Management Program at UT Dallas provides application-oriented education for professionals with significant project, program or general management responsibilities. Established in the Executive Education division of the UT Dallas’ Naveen Jindal School of Management, students have the option of earning a Graduate Certificate in Project Management, a Master of Science degree with an emphasis in project management, or a Master of Business Administration degree with project management emphasis.

The 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.). The program is taught by world-class faculty with a blend of industrial project management, consulting and teaching experience. UT Dallas’ PM Program in delivered both on campus and online, and attracts students from across the USA and worldwide. 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 350,000 members in over 180 countries, the Project Management Institute (PMI®) is the world’s leading 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 about the PMI Dallas Chapter and its service offerings, visit www.pmidallas.org

The PM World Journal (PMWJ) is a global online publication produced by PM World in the United States, but created by a virtual team of contributors and editors around the world.  Each month, the PMWJ features dozens of articles, papers and stories about projects and project management in different countries and industries.  PM World also produces and maintains the PM World Library, a global resource for continuous learning in portfolio, program and project management.  To see the latest edition of the PMWJ, visit www.pmworldjournal.net; to learn more, visit www.pmworldlibrary.net.

AMEC awarded two power transmission framework contracts by National Grid

PM INDUSTRY NEWS

3 June 2014 – London, UK – AMEC, the international engineering and project management company, has been awarded two major framework contracts by National Grid. Under the multi-million pound frameworks, which start immediately and run for four years with options to extend, AMEC will work on refurbishment and installation of overhead lines and installation of underground cables across England. Work packages will be tendered on an individual basis.

140603-pmwj24-national-IMAGEAMEC’s first success under the frameworks is to have won a multi-million pound overhead line project in the north of England. The work is for the 400kv and 275kv replacement works for the Eggborough to Monk Fryston and Monk Fryston to Padham and Bradford West overhead line schemes.

“These important framework contracts build on the successful delivery of projects for National Grid Electricity and we are extremely pleased to have been awarded the first schemes to be carried out under the overhead line framework,” said Marc Boulter, Managing Director of AMEC’s Transmission and Distribution business.

“Our priority now is to ensure that we deliver safely, efficiently and innovatively for this key customer.”

AMEC (LSE: AMEC) is a focused supplier of consultancy, engineering and project management services to its customers in the world’s oil and gas, mining, clean energy, environment and infrastructure markets. With annual revenues of some £4billion, AMEC designs, delivers and maintains strategic and complex assets and employs around 27,000 people in about 40 countries worldwide. See amec.com.

Source: AMEC

Planning and Management of Megaprojects – is it any different?

 

CALL FOR PAPERS

Call for papers on project management for large multi-billion dollar programs and projects

26 June 2014 – Dallas, London, Sydney –The PM World Journal (PMWJ) is seeking articles and papers on the planning and management of Megaprojects – those with total budgets exceeding one billion dollars.  According to Prof Bent Flyvbjerg, Director of the BT Centre for Major Programme Management at Said Business School at Oxford University in the UK, megaprojects are large-scale, complex ventures that typically cost US$1 billion or more, take many years to develop and build, involve multiple public and private stakeholders, are transformational, and impact millions of people. [1]

140626-pmwj24-megaproject-IMAGEProf Flyvbjerg goes on to quote The McKinsey Global Institute (2013) which “estimates global infrastructure spending will be US$3.4 trillion per year between 2013 and 2030” and The Economist: “infrastructure spending in emerging economies at US$2.2 trillion annually for the period 2009-2018”. Including fields other than infrastructure such as oil and gas, mining, aerospace, defense, ICT, mega events and others, Flyvbjerg predicts the global megaproject market at between US$6 and US$9 trillion per year, or approximately 8% of total global GDP. [1]

Can the various international project management bodies of knowledge, standards and professional practices handle such massive projects?  Or is an entire new body of knowledge needed that can be embraced by financial, industrial and governmental organizations and executives? Project management experts, researchers and those working on megaprojects are invited to submit an article or paper on megaproject management for publication in the PMWJ.

According to Managing Editor David Pells, “I have read again recently that 90+% of megaprojects fail to meet cost, schedule or performance objectives. This is even worse than the dismal record for information systems and technology projects.  What is so different about really big projects?  If you have knowledge and experience in this area, please share with the rest of us.”

The PMWJ includes articles and papers in the following categories: advisory articles, featured papers, commentary articles, student papers, case studies, personal stories, reports, book reviews and news stories.  Previously published papers can also be submitted for publication in the Second Editions section of the journal. Send inquiries or completed works to [email protected].

“The World Bank estimates the need for several trillion dollars just for infrastructure projects in Africa over the next few years,” Pells adds.  “If most large projects are currently doomed for failure, then there is a great need to mobilize more knowledge and expertise related to planning and managing these huge efforts.”

The PMWJ (ISSN 2330-4480), a non-refereed electronic publication registered with the US Library of Congress, is indexed by EBSCO, the world’s largest intermediary between publishers and libraries.  Contents of the PMWJ are included in EBSCO’s Business Source Complete databases.  The PMWJ is a good option for those who wish to publish information or research results quickly.  For author guidelines and information, visit https://pmworldjournal.net/?page_id=9.

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

References:

[1]        Flyvbjer, Bent; What You Should Know About Megaprojects and Why: An Overview; Project Management Journal, April/May 2014; pp 6-19.

Editor’s note: We do not publish topic-specific issues of the PM World Journal.  Works submitted in response to this call for papers can be published at any time in the future, so please consider sending an original article now or in the future – to [email protected]et.

 

Opening keynote speaker for UT Dallas PM Symposium to describe project around new Dallas Cowboys Headquarters in Frisco, Texas

FUTURE EVENT NEWS 

Frisco Assistant Mayor to discuss massive new mixed use development project associated with Dallas Cowboys and other public-private partnership projects

20 June 2014 – Richardson, Texas, USA – An exciting opening keynote speaker and topic have been announced for the 8th Annual UT Dallas Project Management Symposium being held during August 14-15, 2014 in Richardson, Texas, USA.  The2 Day UT Dallas Project Management Symposium being held in the NaveenJindal School of Management on the UT Dallas campus in Richardson, Texas, USA will kick off on Thursday morning with a presentation on the billion $ mixed-use real estate development in Frisco, Texas for Dallas Cowboys owner Jerry Jones.  The theme of the 8th Annual UT Dallas Project Management Symposium is “Maximizing the Value of Project Management”.  Registration is open; for information click here.

140620-pmwj24-cowboys-IMAGEThe keynote presentation will feature Frisco Assistant City Manager Ron Patterson, the man in the middle of this exciting development project. The title of Mr. Patterson’s presentation to the UT Dallas symposium will be “Public-Private Partnerships Create Opportunity – Case in Point:  A Multi-Use Events Center, High School Sports Facility, Cowboys Practice Facility and Headquarters: Achieving more than the sum of their parts

Ron Patterson is an Assistant City Manager with the City of Frisco, Texas where he works in a collaborative environment on public-private partnerships between the city and various other public and private entities.  Ron started his city service career with the City of Carrollton before moving to Frisco.  This is his second time to serve the citizens of Frisco where he previously served for eight years and has now completed another seven years.  He served as city manager for seven years in other communities in Texas.

Ron also served in the United States Air Force and Texas Air National Guard for twenty-three years serving in logistics, combat communications, congressional liaison and command roles. Ron graduated from The University of Texas at Dallas with a Bachelor of Science in Public Administration and completed his Master of Public Administration at the University of North Texas.  Ron has been married for twenty-nine years to Taylor and has two daughters 14 and 20.

According to Ron’s abstract, the City of Frisco has used numerous tools to create a diversified tax base that is supported by major retail developments, office parks and mixed use developments thus maintaining a low tax rate for its residential and commercial citizens.  Additionally, Frisco has become known for its sports centric developments and even been named “The Best Place to Raise an Athlete”.  These developments have been achieved through a series of public-private partnerships that have created a thriving sports related market.  We will explore some of the past partnership projects but focus on the most recent project that is currently underway with our many partners which include the Frisco Independent School District, the Frisco Community Development Corporation, the Frisco Economic Development Corporation, our neighboring property ownership, and of course the Dallas Cowboys.

The UT Dallas symposium will include an Opening Ceremony with keynote speakers, professional paper presentations by approximately 40 different speakers, panel discussions, lunches and coffee breaks, a networking reception, keynote presentations by representatives of IPMA and PMI on Friday morning, and a closing plenary session with keynote speaker and door prizes.   Participants can receive 16 PDUs for attending.  Early registration with best price extends until 14 July 2014; discounted group pricing is also available. To register, see keynote speakers, view presenters’ abstracts and for additional information, go to pmsymposium.utdallas.edu.

The annual UT Dallas Project Management Symposium is organized by the Project Management Program at The University of Texas at Dallas (UT Dallas), in cooperation with the PMI Dallas Chapter and the PM World Journal.  If you are a project manager or project management professional living in North Texas, plan to attend this world class symposium.  More information can be found at pmsymposium.utdallas.edu.

The Project Management Program at UT Dallas provides application-oriented education for professionals with significant project, program or general management responsibilities. Established in the Executive Education division of the UT Dallas’ Naveen Jindal School of Management, students have the option of earning a Graduate Certificate in Project Management, a Master of Science degree with an emphasis in project management, or a Master of Business Administration degree with project management emphasis.

The 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.). The program is taught by world-class faculty with a blend of industrial project management, consulting and teaching experience. UT Dallas’ PM Program in delivered both on campus and online, and attracts students from across the USA and worldwide. 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 350,000 members in over 180 countries, the Project Management Institute (PMI®) is the world’s leading 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 about the PMI Dallas Chapter and its service offerings, visit www.pmidallas.org

The PM World Journal (PMWJ) is a global online publication produced by PM World in the United States, but created by a virtual team of contributors and editors around the world.  Each month, the PMWJ features dozens of articles, papers and stories about projects and project management in different countries and industries.  PM World also produces and maintains the PM World Library, a global resource for continuous learning in portfolio, program and project management.  To see the latest edition of the PMWJ, visit www.pmworldjournal.net; to learn more, visit www.pmworldlibrary.net.

Wideman Project Management Website updates announced for July 2014

PM PEOPLE NEWS

30 June 2014 – Vancouver, BC, Canada – Max Wideman has announced the monthly updates to his popular project management website, www.maxwideman.com.  According to Max this month: 

max widemanOur Guest, Skip Reedy, provides valuable evidence of the successful use of Critical Chain Project Management that we published in December 2012, with his 777-300ER Derivative Airframe Design case study.

Our Musing takes people to task for not being specific when discussing What is project success?

In Papers we review Ann Pilkington’s Book: Communicating Projects: An End-to-End Guide to Planning, Implementing and Evaluating Effective Communication. We emphasize the word “Effective”, what you really need to know for running a successful project and what they don’t tell you in “standard” texts or courses.

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.

Removal of Syria’s Chemical Weapons Material Completed

PROGRAM & PROJECT NEWS

23 June 2014 – Geneva, Switzerland and New York, USA – The Joint Mission of the Organization for the Prohibition of Chemical Weapons and the United Nations (OPCW-UN) announced today that the removal of Syria’s chemical weapons material is now complete.

The removal of the most critical material for destruction began in early January, in line with an agreement brokered by Russia and the United States, by which Syria renounced its chemical weapons material and joined 1992 Chemical Weapons Convention. The focus in recent weeks had been on the removal of the remaining 7.2 per cent of the declared chemical weapons material which had been difficult owing to volatile security conditions.

140623-pmwj24-chemical-IMAGE“With this last movement, the total of declared chemical weapons materials destroyed or removed from Syria has reached 100 per cent,” the Joint Mission stated in a news release. “The most operationally challenging task within the effort to eliminate the Syrian chemical weapons programme has come to an end.”

Photo: Sigrid Kaag (@SigridKaag) Special Coordinator of the Organisation for the Prohibition of Chemical Weapons (OPCW)-United Nations Joint Mission

(@OPCW_UNJM).  More at http://opcw.unmissions.org/

UN Secretary-General Ban Ki-moon welcomed the announcement and congratulated the Joint Mission for completing “this most challenging of tasks” in an active war zone, according to a statement issued by his spokesperson.

In addition to completing the removal operation, the Joint Mission said that Syria has destroyed all declared production, mixing and filling equipment and munitions, as well as many buildings associated with its declared chemical weapons programme. With the exception of 12 production facilities that are awaiting a decision by the OPCW Executive Council, all of the declared Syrian chemical weapons programme has been eliminated in an “unprecedented timeframe and under uniquely challenging conditions.”

The removal of the chemical agents out of Syria involved shipping them on commercial vessels provided by some Member States, and then loading them onto a United States ship and destroying them at sea using hydrolysis.

The Joint Mission recognized the “constructive cooperation and commitment” demonstrated by the Syrian Government throughout the operation. It also expressed gratitude to a number of countries who provided critical resources and facilitated the operation in different ways.

“A new chapter in the elimination process now begins,” said the Joint Mission, which thanked the Italian authorities for providing a port for transloading part of the cargo, after which the rest of the materials will be transported onward to the various destruction facilities.  Notwithstanding the progress made on the chemical weapons front, the Joint Mission said it remained mindful of the human tragedy that has befallen the people of Syria who have been suffering through a conflict that is currently in its fourth year.
The United Nations (UN) is an international organization established in 1945 to facilitate cooperation in international law, international security, economic development, social progress, human rights and world peace. Currently with 193 members states, the UN and its specialized agencies meet regularly throughout the year. The UN Headquarters is in New York City, with other main offices in Geneva, Nairobi, and Vienna. More information at http://www.un.org/en/

Source: United Nations

UN Reports Foreign Direct Investment hit $1.4 Trillion in 2013 and Upward Trend to Continue

OTHER NEWS AFFECTING PROJECTS & PM 

24 June 2014 – New York, USA and Geneva, Switzerland – Global foreign direct investment is up and expected to rise over the next three years, driven mainly by stronger economies in developed countries, according to a new United Nations report which highlights the key role that transnational corporations and foreign investment could play in accelerating progress on sustainable development.

140624-pmwj24-world-IMAGEAccording to the ‘World Investment Report 2014,’ produced by the Geneva-based UN Conference on Trade and Development (UNCTAD), foreign direct investment (FDI) rose 9 per cent in 2013 to $1.45 trillion.  “UNCTAD projects that FDI flows could rise to $1.6 trillion in 2014, $1.7 trillion in 2015 and $1.8 trillion in 2016,” the UN agency reported.

The predicted rise in FDI would be mainly driven by investments in developed economies as their economic recovery strengthens, but fragility in some emerging markets and risks related to policy uncertainty and regional conflict could derail the gains, said UNCTAD.  In addition, direct investment to developing economies is expected to remain high. Developing countries and transition economies constitute half of the top 20 economies ranked by FDI inflows, which includes China, Chile, Colombia and India.

Of the total FDI, about 39 per cent was to developed countries, while a new high of $778 billion – or 54 per cent – was reported to developing economies. The top destination remains China and the Asian region, which attracted more than $420 billion in foreign investment last year.

This overall growth demonstrates the “great potential of international investment, along with other financial resources, to help reach the goals of a post-2015 agenda,” Secretary-General Ban Ki-moon said in the preface of the report, referring to the development targets that will follow after 2015, the deadline to reach the anti-poverty targets known as the Millennium Development Goals (MDGs).

Highlighting the importance of transnational corporations, Mr. Ban added that this year’s report offers an action plan for galvanizing the role of businesses in achieving the future sustainable development goals, as well as enhancing the private sector’s positive economic, social and environmental impacts.

These aims will have significant resource implications. Global investment needs are around $5 trillion to $7 trillion per year, according to UNCTAD, the majority of which is in developing countries and includes mainly basic infrastructure, such as roads, water and sanitation, as well as agriculture and rural development, climate change mitigation and adaptation, health and education.

The United Nations (UN) is an international organization established in 1945 to facilitate cooperation in international law, international security, economic development, social progress, human rights and world peace. Currently with 193 members states, the UN and its specialized agencies meet regularly throughout the year. The UN Headquarters is in New York City, with other main offices in Geneva, Nairobi, and Vienna. More information at http://www.un.org/en/

Source: United Nations

Initial Programme released for IPMA World Congress: Innovation through Dialogue

FUTURE EVENT NEWS

16 June 2014 – Rotterdam, the Netherlands – The International Project Management Association (IPMA) and the organizers of the 28th IPMA World Congress have announced that the Initial Programme is now available online. According to their most recent announcement, this will be the most comprehensive project management event of the year. It features three days of inspiring keynote speakers, best practices and academic updates, networking opportunities, social events, the IPMA Award gala and more. In total over 120 sessions including 60 Best Practice sessions and 12 keynotes from 20 countries will be presented, along with the Global Young Crew Workshop.

140616-pmwj24-Initial-IMAGE

THE FIRST KEYNOTES

The following Keynote speakers have been announced for the 28th IPMA World Congress:

  • Her Royal Highness Princess Laurentien of the Netherlands, Director Missing Chapter Foundation
  • Richard Wiseman, Psychologist, Professor, Author and Magician
  • Ricardo Viana Vargas, Director, Project Management Practice – UNOPS
  • Wilma Mansveld, Minister for the Environment, Government of The Netherlands
  • Jos Nijhuis, CEO, Schiphol
  • Simon Henley, Director, Defence Services Strategy, Rolls-Royce

OVER 60 BEST PRACTICES

The program offers 60 Best Practices divided into 12 streams with themes as Improving Projects, Learning Organization, Leadership, Technical Competences, Stakeholder Engagement, Sustainability, Endurance and Agile. Share experiences of Schiphol Group, Thales, Alstom, Shell, Dutch Railways, Mapna Group, UNOPS, HP, European Space Agency, FranklinCovey, Diamond Light Source, TNO, AECOM, Tehran Renovation Organization, ABN AMRO, Microsoft, Port of Rotterdam, Panama Canal, Gartner, NACO, Heathrow Airport, JFK Airport and many more.

GALA DINNER & FAREWELL PARTY

Expect also a full and entertaining program for your evenings. We start with an official welcome at the historic City Hall of Rotterdam on Monday evening. Afterwards we will introduce you to our IPMA World Pub, the place to meet other participants outside the congress venue.

On Tuesday you can join one of the highlights of the year, the IPMA Award Gala dinner in the oldest building of Rotterdam, the Laurens Church. Finally on Wednesday we invite you to our Farewell Party. One more celebration with your peers before parting and going separate ways. More information at http://www.ipma2014.com/.

Founded in 1965 and registered in Switzerland, the International Project Management Association (IPMA) is the World’s first global project management professional organization. IPMA is an international federation of more than 55 national project management societies in Africa, Asia, Australia, Europe and the Americas. President of IPMA for 2014 is Professor Mladen Radujković. For further information about IPMA, visit www.ipma.ch.

The IPMA World Congress is one of the most important gatherings of project management authorities and leaders each year.  Visit the congress website at www.ipma2014.com.

Press Contact: Stacy Goff, IPMA VP of Marketing & Events. [email protected]

Winners of June Drawing for Free Project Management Books Announced

PUBLISHING NEWS

Nine winners from eight countries to receive free books by registering at pmworldlibrary.net

28 June 2014 – Dallas, London, Sydney – PM World has announced the winners of their June drawing for free project management books among registered members of the PM World Library.  Nine people from 8 different countries were winners of the random number drawing held for registered PMWL members on 27 June 2014.  Information about the free book drawings can be found at http://pmworldlibrary.net/monthly-drawing-for-free-books/.

The winners of a free project management book in May were the following:

  • 140628-pmwj24-june-IMAGESiyabulela Kenneth Masimini – South Africa
  • Rajeshwoj Devkota – Nepal
  • Ibanga Archibong – USA
  • Sudipta Kumar Gogoi – India
  • Iker Aranaga – Venezuela
  • Patrick Weaver – Australia
  • Robin Amico – USA
  • Clayton Kaila – Zambia
  • Marly Carvalho – Brazil

Free books offered in the June drawing included:

  • Leading & Managing Innovation: What Every Executive Team Must Know about Project, Program & Portfolio Management, by Russell Archibald and Shane Archibald; Publisher: Infinity Press (2012)
  • A Compendium of PMO Case Studies: Reflecting Project Business Management Concepts, by Dennis Bolles and Darrell Hubbard; Publisher: PBM Concepts (2013)
  • Project Management Made Easy: A Practical Guide for Executives and Professionals; by Nand Dhameja, Vijay Aggarwal and Ashok Panjwani; Publisher:  Business Expert Press (2013)
  • Successful Program Management: Complexity Theory, Communication and Leadership; by Wanda Curlee and Robert Lee Gordon; Publisher:  CRC Press / Auerbach Publications (2013)
  • Handbook of Project-Based Management, 4th Edition; by Rodney Turner, PhD (Ed); Publisher: McGraw-Hill (2014) 
  • Communication for Continuous Improvement Projects; by Tina Augustiady; Publisher: CRC Press / Auerbach Publications (2013)
  • Project Workflow Management: A Business Process Approach; by Daniel Epstein and Rich Maltzman; Publisher: J. Ross Publishing (2013) 
  • The Power of Project Management Leadership: Your Guide on How to Achieve Outstanding Results; by Laszlo A. Retfalvi; Publisher: CreateSpace Publishing (2014)
  • Procurement Project Management Success: Achieving a Higher Level of Effectiveness; by  Diana L. Lindstrom; Publisher: J. Ross Publishing (2014)

To win, one must be a registered member of the PMWL.  To see FREE BOOKS offered for more upcoming drawings, CLICK HERE. To learn more about the PMWL, go to www.pmworldlibrary.net.

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 that also publishes the monthly PM World Journal (PMWJ), a web-based monthly publication featuring dozens of articles, papers and news stories about projects and project management around the world.  To see the latest edition of the PMWJ, visit www.pmworldjournal.net; to learn more, visit www.pmworldlibrary.net. Follow the PMWL on Facebook, LinkedIn or @pmworldlibrary.

AXELOS to recognize PMI and IPMA qualifications in applications for PRINCE2® Practitioner Qualification

PM INDUSTRY NEWS

19 June 2014 – London, UK – AXELOS, the joint venture company responsible for PRINCE2 and other Project and Programme Management (PPM) products, has announced that it is now recognizing other qualifications as a route to Practitioner level rather than the previous, mandatory requirement for the PRINCE2 Foundation qualification.   Project managers worldwide – for the first time – will be given greater access to the PRINCE2 Practitioner qualification based on their prior learning and achievements with specific project management professional bodies.

140619-pmwj24-prior-IMAGEAXELOS will recognize previous qualifications awarded to Practitioner candidates by the Project Management Institute (PMI) and the International Project Management Association (IPMA) including its local chapters from 01 July 2014.

Frances Scarff, AXELOS Product Development Director, says: “We are committed to supporting the needs of the Project Management Practitioner community and feel it is right to recognize previous project management expertise as part of a more direct route to the higher level PRINCE2 Practitioner qualification.”

“With this initiative,” he continued, “we hope that project managers worldwide will consider how obtaining this higher level best practice management standard can improve project management within their organizations and develop their own careers without having to revisit a more elementary level of study beforehand.”

PRINCE2 (PRojects IN Controlled Environments), is a widely used project management method that takes practitioners through the essentials for running a successful project. In 2013 more than 80,000 Foundation qualifications and more than 60,000 Practitioner qualifications were awarded worldwide.

From the 1st July, AXELOS will recognize candidates holding the following qualifications:

Project Management Institute (PMI) – details at www.pmi.org:

Project Management Professional (PMP)

Certified Associate in Project Management (CAPM)

International Project Management Association (IPMA) – details at http://ipma.ch/:

IPMA Level A® (Certified Projects Director),

IPMA Level B® (Certified Senior Project Manager)

IPMA Level C® (Certified Project Manager)

IPMA Level D® (Certified Project Management Associate)

A candidate must be able to provide the Examination Institute with details of their certificate for the related qualification when signing up for the PRINCE2 Practitioner exam in line with the standard rules relating to exam pre-requisites.

AXELOS will engage with the global project management community through a variety of mechanisms to publicise details of this additional route to PRINCE2. In particular, members of the AXELOS Global Partner Programme who wish to be part of a joint marketing campaign will receive the necessary support.

Further details of today’s announcement can be found on the website: http://www.prince-officialsite.com/Qualifications/prior-learning-initiative.aspx

On 1 July 2013 ‘AXELOS’ was announced as the new Joint Venture company that the Cabinet Office has formed to deliver and commercialize the UK Government’s portfolio of Best Management Practice accreditation and publishing services, including ITIL, PRINCE2 and the other PPM products. AXELOS now owns the intellectual property of the whole Best Management Practice portfolio and will build on the current business activities and developing products in new areas. The organization also has an ambitious programme of investment and growth, and primary focus will be on stimulating the growth of a vibrant, open international ecosystem of training, consultancy and examination organizations.  Latest news from AXELOS can be found on their website or if you have specific queries, requests or would like to be added to the AXELOS mailing list, please contact [email protected].

Media contact: [email protected] 

Source: AXELOS

Hill International named Project Manager for new Boulevard Mall in Qatar

PM INDUSTRY NEWS

23 June 2014 – Marlton, NJ, USA and Doha, Qatar – Hill International has announced that it has received a contract to provide project management services in connection with the Boulevard Mall in Doha, Qatar. The three-year contract has an estimated value to Hill of approximately QAR 11.0 million ($3.0 million).

140623-pmwj24-qatar-IMAGEThe Boulevard Mall will have a total built-up area of approximately 182,000 square meters (2.0 million square feet) and will include a hypermarket, cinema and family entertainment center.  The mall is expected to be completed by April 2017. Image courtesy of Colliers International.

“The Boulevard Mall will be an exceptional shopping experience for residents and tourists,” said Mohammed Al Rais, Senior Vice President and Managing Director (Middle East) for Hill’s Project Management Group.

“We are confident that our team will deliver on all of our client’s project objectives,” added Al Rais.

Hill International (NYSE:HIL), with 4,200 employees in 100 offices worldwide, provides program management, project management, construction management, and other construction project services.  For more information, visit www.hillintl.com.

Source: Hill International

McGraw-Hill Professional offers 5 new titles for upcoming drawings for Free Project Management Books

PUBLISHING NEWS

Publisher offers more free books for PM World Library drawings through November 2014

22 June 2014 – Dallas, London, Sydney – PM World has announced that McGraw-Hill Professional, a division of McGraw-Hill Education, will be providing five new titles for upcoming monthly drawings for FREE books available to registered PM World Library members. To learn more or to register for the drawings, go to http://pmworldlibrary.net/monthly-drawing-for-free-books/

McGraw-Hill will provide a copy of the following books to some of the winners from the monthly drawings for free project management books through the PM World Library.

140622-pmwj24-mcgraw-IMAGE1 BOOK1140622-pmwj24-mcgraw-IMAGE2 BOOK2140622-pmwj24-mcgraw-IMAGE3 BOOK3140622-pmwj24-mcgraw-IMAGE4 BOOK4140622-pmwj24-mcgraw-IMAGE5 BOOK5

The Six Sigma Handbook, 4th Edition; Authors: Thomas Pyzdek and Paul Keller; Publisher: McGraw-Hill Professional (2014); For more about the book, click here.

Project Management for Engineering and Construction, 3rd Edition; Author: Garold (Gary) Oberlender;Publisher: McGraw-Hill Professional (2014); For more about the book, click here.

McGraw-Hill Education PMP Project Management Professional Exam; Author: Henrique Moura; Publisher: McGraw-Hill Professional (2014); For more about the book, click here.

The Handbook of Program Management: How to Facilitate Project Success with Optimal Program Management; Author: James T. Brown;Publisher: McGraw-Hill Professional (2014); For more about the book, click here.

The Project Management Coach: A Teach Yourself Personal Guide to Success; Author: Jill Dann;Publisher: McGraw-Hill Professional (2014); For more about the book, click here. 

To learn more about the monthly drawings for FREE project management books, visit http://pmworldlibrary.net/monthly-drawing-for-free-books/.  To see books offered for the next few monthly drawings, go to http://pmworldlibrary.net/upcoming-book-drawings/. To register for the monthly random number drawings, go to http://pmworldlibrary.net/pmwl-welcome/.

McGraw-Hill Professional is a leading global provider of print and electronic content and services for the business, technical, and medical communities. Its offerings include reference and certification books for all professional and educational disciplines and online solutions on business and financial, medical and health, engineering, and scientific topics. McGraw-Hill Professional offers a full line of project management books.  Visit their website; click here.

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 that also publishes the monthly PM World Journal (PMWJ), a web-based monthly publication featuring dozens of articles, papers and news stories about projects and project management around the world.  To see the latest edition of the PMWJ, visit www.pmworldjournal.net; to learn more, visit www.pmworldlibrary.net.

USELF provides financing in Ukraine for renewable energy projects

OTHER NEWS AFFECTING PROJECTS & PM

23 June 2014 – London, UK – The European Bank for Reconstruction and Development (EBRD) has established a strategy to encourage private sector participation in sustainable energy investments in Ukraine and other Central and Eastern European countries.  It is committed to connecting the dots, providing financing, technical cooperation and policy dialogue to reform the sector and move towards green-energy solutions.

In Ukraine imported fossil fuels dominate the power market, leaving behind a heavy carbon footprint. Producing a unit of GDP there requires almost four times more energy than the EU average. To counteract this, the EBRD supports the country’s carbon offsetting through its Ukraine Sustainable Energy Lending Facility (USELF). It is a credit programme worth €140 million, available for small and medium-sized renewable energy projects ranging from hydro, wind, biomass and biogas to solar energy ventures.

140623-pmwj24-ukraine-IMAGEAmong the entrepreneurs who have translated ‘green’ business plans into reality thanks to USELF is Narek Haryutyunan, the young Managing Director of Rengy Development. His company installed a solar power plant near the village of Porogy, in south-western Ukraine.

“This plant can power over 2,100 households. The emissions savings are the equivalent of taking 2,000 cars off the road,” said Mr Haryutyunan, a pioneer in the country’s renewable energy market.  “This was one of the first solar energy projects in Ukraine. When we started there was no expert advice, let alone bank funding. The EBRD provided both.”

The USELF, part-financed by the EBRD (€100 million), is co-financed by the Climate Investment Funds’ Clean Technology Fund (€40 million), as well as by the Global Environment Facility which paid for the technical assistance and policy dialogue components of the programme. Sponsors provide equity for their projects.

“The consultants helped us assess the impact that we could have on the environment and the community,” explained Mr Haryutyunan. His 200 high-tech photovoltaic panels lie discreetly on a hillside, blending in with the surrounding environment and causing no disturbance to local life.

“USELF’s support programme is opening up the market and improving national regulations for renewable energy,” said EBRD Senior Manager, Sergiy Maslichenko. “For example, we helped draft the primary legislation, including the green tariff law that ensures the state will buy, at a preferential tariff, all renewable energy produced by private developers.”

This evolution has not gone unnoticed by investors like Mr Haryutyunan. “In recent years we have seen growth in the solar energy market and we have grown with it. Based on our initial success, we were able to construct four more facilities.”

In response to rising demand, and boosted by a track record of seven projects, USELF has been extended. Its investment pipeline is rapidly building-up. “Given the size of Ukraine’s agricultural sector there is great potential for biomass and biogas projects, but also solar, thanks to good levels of sunlight,” commented Mr Maslichenko.

For more about the Ukraine Sustainable Energy Lending Facility, go to website http://www.uself.com.ua/index.php?id=2&L=0 

For more information about EBRD projects in Ukraine, go to http://www.ebrd.com/pages/country/ukraine.shtml

The European Bank for Reconstruction and Development (EBRD), established in 1991 to nurture the private sector in central and Eastern Europe and ex-Soviet countries, uses investment to help build market economies and democracies. The EBRD, owned by 61 countries and two intergovernmental institutions, is the largest single investor in the region and provides programme and project financing for banks, industries and businesses.  The EBRD has supported more than 3,500 projects in more than 30 countries to date.  For more information about the bank, visit http://www.ebrd.com/index.htm.  More about EBRD projects at http://www.ebrd.com/pages/project.shtml.

Source: EBRD

Rocio Zelada named International Correspondent for PM World Journal in Bolivia

PEOPLE NEWS

Project management leader joins correspondent team in Santa Cruz to report on professional news and developments in Bolivia

21 June 2014 – Dallas, TX, USA and Santa Cruz, Bolivia – PM World has announced that Rocio Zelada, PMP has been appointed an International Correspondent for the organization in Santa Cruz, Bolivia.  Ms. Zelada, a prominent local project management professional leader, is current president of the Santa Cruz Chapter of the Project Management Institute (PMI®), the world’s largest member-based organization for the project management profession.

140621-pmwj24-Zelada-IMAGE1 ZELADARocio Zelada, PMP is Business Development Manager at Cognos Group in Santa Cruz and a consultant, instructor and facilitator of various courses, workshops and seminars on leadership, project management, business analysis, personal relationship and related topics.  Her previous experience includes operations manager with Axxon Consulting Bolivia; systems developer, project manager and specialist in business development for YPFBTransporte; technical advisor for Microsoft Bolivia; and project manager in the energy to market sector.

Rocio holds a Bachelor of Science degree in Systems Engineering and a Master’s degree in Business Administration, with specialization in project management.  In addition to her PMP® certification from the Project Management Institute (PMI®), she is a Certified Facilitator (SDI L1-Personal Strengths) and a Microsoft Certified .NET Professional (ASP.NET).  She has experience and solid knowledge in project management; business analysis and process reengineering; design, programming, implementation, testing and management of information systems and technology, including ITIL, COBIT and ERP systems; software architecture; object oriented programming; processes for management of transport of hydrocarbons; education and knowledge transfer; human talent, interpersonal relationships and conflict management; and corporate change management.

140621-pmwj24-Zelada-IMAGE2 SANTA CRUZAccording to Wikipedia, Santa Cruz de la Sierra, commonly known as Santa Cruz, is the capital of the Santa Cruz department in eastern Bolivia. Situated on the Pirai River in eastern Bolivia, the city of Santa Cruz and its metropolitan area are home to over 70% of the population of the department and it is one of the fastest growing cities in the world. [1]

The city was first founded in 1561 by Spanish explorer Ñuflo de Chavez about 200 km (124 mi) east of its current location, and was moved several times until it was finally established on the Pirai River in the late 16th century.  The city is Bolivia’s most populous, and the Department of Santa Cruz, ranked second in total population, produces nearly 35% of Bolivia’s gross domestic product, and receives over 40% of all foreign direct investment in the country. This has helped make Santa Cruz the most important business center in Bolivia and the preferred destination of migrants from all over the country. [1]

140621-pmwj24-Zelada-IMAGE3 MAPBolivia, officially known as the Plurinational State of Bolivia, is a landlocked country located in western-central South America. It is bordered by Brazil to the north and east, Paraguay and Argentina to the south, Chile to the southwest, and Peru to the west. Bolivia is a democratic republic that is divided into nine departments. Its geography is varied from the peaks of the Andes in the West, to the Eastern Lowlands, situated within the Amazon Basin. It is a developing country, with a Medium Human Development Index score, and a poverty level of 53%. Its main economic activities include agriculture, forestry, fishing, mining, and manufacturing goods such as textiles, clothing, refined metals, and refined petroleum. Bolivia is very wealthy in minerals, especially tin. [2]

The Bolivian population, estimated at 10 million, is multiethnic, including Amerindians, Mestizos, Europeans, Asians and Africans. The main language spoken is Spanish, although the Guarani, Aymara and Quechua languages are also common, and all four, as well as 34 other indigenous languages, are official. The large number of different cultures within Bolivia has contributed greatly to a wide diversity in fields such as art, cuisine, literature, and music. [2]

According to PM World President and Managing Editor David Pells, “We have been referred to Rocio by Cecilia Boggi, our correspondent in Argentina and a regional mentor for PMI, as a dynamic professional leader in Bolivia.  We are honored that she has agreed to join our global team, and look forward to learning more about the project management profession in her country.”

Rocio Zalada stated, “It will be my honor to represent the PM World Journal in Bolivia, and a pleasure to share professional news from here with the rest of the world.  There are many good developments in Santa Cruz, for example, that I will love to describe.  I hope to hear from others who are interested in project management in Bolivia and look forward to introducing everyone to Santa Cruz.”

For information about Cognos, visit www.cognosys.com.bo.  Rocio can be contacted [email protected] or bo.linkedin.com/pub/Rocio-zelada-pmp/22/b12/a33/

The PM World Journal (PMWJ) is published by PM World in the United States, but created by a virtual team of contributors and editors around the world.  Each month, the PMWJ features dozens of articles, papers, and stories about projects and project management in many countries and industries.  PM World also produces the PM World Library (PMWL), a global resource for continuous learning in portfolio, program and project management.  PM World is a virtual organization reflecting the 21st century reality of a connected world where individuals and organizations worldwide can collaborate for the creation, sharing and application of new knowledge.  To see the latest edition of the PMWJ, visit www.pmworldjournal.net; to learn more, visit www.pmworldlibrary.net.

References:

[1]        http://en.wikipedia.org/wiki/Santa_Cruz_de_la_Sierra

[2]        http://en.wikipedia.org/wiki/Bolivia

Update for PMSA 2014 National Conference in September

FUTURE PM EVENTS

Growing Project Management in South Africa is theme for biennial national conference in Johannesburg

18 June – Johannesburg, South Africa – Project Management South Africa (PMSA) has issued information related to their Biennial National Conference 2014 scheduled for 29 September – 1 October 2014.  The 2014 conference with theme of “Growing Project Management in South Africa” will be held at The Wanderers, Illovo, Gauteng. For more information, visit http://www.projectmanagement.org.za/?page=Conference2014

140618-pmwj24-national-IMAGEDEJA VU MEMBER SPECIAL
There is still time to take advantage of the special ‘Deja vu’ rate that has become a conference tradition for our members. It expires at the end of June, so be sure to register and pay before that date. Be sure to log in on the website with your username and password to access the preferential rate. If you have forgotten your login details, you can request that they be reset by clicking the appropriate link on the site. Alternatively, contact the National Office for assistance (011 257-8003). To register, click here.

CALL FOR PRESENTATIONS
Are you interested in sharing your knowledge at the PMSA Conference? Respond to the Call for Symposium to be featured in the afternoon breakaway sessions. Kindly click here for more information.

SPONSORSHIP AND MARKETING OPPORTUNITIES
The Conference organisers have put together a comprehensive set of sponsorship opportunities. Make sure you don’t miss this chance to showcase your products or services to the PM community. Kindly click here for more information.

Project Management South Africa (PMSA) is a Section 21 (not-for-gain) professional association representing the interests of project, programme and portfolio management practitioners in South Africa.  PMSA has a membership of over 1 500 project management practitioners at various career stages and has existed as an autonomous representative body for 15 years. PMSA sponsors regional and national conferences and other events on a regular basis.  For more information, visit www.projectmanagement.org.za or contact [email protected].

Source: Project Management South Africa