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Volume X - Issue XII - December 2008
Editor's Perspective
December 2008 By David L. Pells, Managing Editor Welcome to the December 2008 edition of PM World Today. Since 1998, PM World Today has been a leading online source of educational and informative articles and information about project management. As the global reach and reputation of this publication grow, we continue to seek new authors and ideas to share with others who want to advance their careers and organizations. If you have project management knowledge (or a story) to share, please send an article for publication. We are especially interested in information that can contribute to solving global problems. Each month the Editor’s Perspective on the Current Edition provides a short overview of the contents of the current edition of PM World Today. This month’s edition again contains articles, news and stories from around the world of project management (PM), including several in Spanish. PM World Today is an educational resource for PM professionals. It is also a service for PM experts, leaders and professionals who want to share knowledge and gain more visibility in the PM world. This month’s Editorial is entitled “Silver Lining:Why the Economic Recession may be Good for Project Management.” What a mess! The US economy is officially in recession, and apparently has been for the last year. The economies of Germany and UK are also close to or in recession as well, as are the economies of many other European countries. There are a few exceptions, Finland for example. And across the globe, the effects of the economic crisis in the United States and other developed countries have been felt by all those engaged in the “global economy”. Generally speaking, the impact of the global economic downturn is very negative. The big question for those of us in the PM world is how current economic conditions and trends are affecting project managers and the project management profession. While things look dour, I believe there is a “silver lining” – in the long run, I see the demand for project management increasing even faster. Please read the editorial for some positive thoughts and projections. There is much more!! Read complete editor's perspective in English Good luck with your projects!
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