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Vol. XI Issue VIII - August 2009
Project Management eJournal
REGIONAL REPORT:
Project Management News from Germany
By Manfred Rieck, MBA, PMP
International Correspondent for PMForum & PM World Today
Wiesbaden, Germany
Introduction
The press is dominated from the Volkswagen/Porsche story where the Porsche chair Wendelin Wiedeking left the organization after 17years. Since some days the swine flu becomes central discussion topic where the numbers of infected people are climbing by some hundreds per day. A reason seems to be the vacation travelers, who come back from their holidays. However, the German Government ordered 50 million vaccination doses.
The economic situation changes daily, on one hand the DAX has climbed above 5.300 points and the outlook of most analysts is good (the IFO index has increased for the fourth time – plus 1.4 towards 87.3 points), but on the other hand the analysts are warning that this won’t lead automatically in an upturn. We are expecting a strong growth of un-employments in Germany and still credit issues with the banks as companies get credits only after a long-lasting and detailed credit-checking process.
The International Monetary Fund (IWF) is still pessimistic and promises a GDP decrease in Germany of 6.2%, this is 0.6% more than promised in April this year. In 2010 the IWF promises a decrease of 0.6%, which is 0.4% less than in April.
What does this mean for the German project management landscape?
To read entire report click here
Manfred Rieck Manfred Rieck, MSc, PMP, is an International Correspondent for PMForum and PM World Today in Germany. Mr. Rieck is also Manager at IBM Corporation for IT-Business Development and Project Delivery in the finance, automotive and public sectors and holds an IBM Senior Project Manager certification. He was previously Program Manager in IBM’s Project Management Center of Excellence (PM/CoE) responsible for EMEA. Mr. Rieck is specialized on recovering critical complex projects in international environments and on the development and implementation of change management programs. Manfred has a Master of Science in Computer Science from University Bonn, Germany and holds the Masters in Business Administration (MBA) degree at Henley Management College, UK. His research investigates change management studies. He is also a member of the 2007 PMI® Leadership Institute Master Class. After being Vice President of the Frankfurt Chapter of the Project Management Institute (PMI®) for several years Manfred is actively engaged in the PMI® Component Mentor Program Mentor Advisory Group (CMP MAG) advising the European Component Mentors in PMI related topics to promote professional project management across Europe. Manfred Rieck can be contacted at Manfred.Rieck@de.ibm.com. |
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