PLEASE CLICK ON THE ICONS BELOW TO VISIT OUR SPONSORS WEB SITES
Volume X - Issue XI - November 2008
Viewpoints
PM World Today™ Viewpoints articles reflect the personal opinions of the authors and not that of PM Forum™ and PM World Today™. Publication does not constitute endorsement by either PM Forum™ or PM World Today™. We strive only to provide a non-biased platform for the exchange of constructive and diverse ideas, opinions, perspectives, and thought-provoking articles about matters affecting the world of project management. PM World Today™ also does not endorse nor allow abusive, inaccurate or unprofessional content. PM Forum and PM World Today™ encourage and support high standards of ethical and professional conduct at all times. Contact information for each author is normally included with each article (when provided) so that if you have a differing opinion or a shared interest you may dialogue directly with the author.
How Project Management Can Rescue Companies By Andrea Nicholas Editor’s note: This paper was originally presented at the 2nd Annual UT Dallas Project Management Symposium in Richardson, Texas, USA (http://pmsymposium.utdallas.edu/) in August 2008. As a Media Partner for that event, PMForum agreed to republish selected papers in PM World Today. This paper is included here with the consent of the author and permission of the Graduate Program in Project Management at The University of Texas at Dallas School of Management, who is the copyright holder of the conference proceedings. All conditions and disclaimers of the copyright holder pertain. With SAP projecting that the baby boomer generation comprises nearly 46% of the worldwide workforce, companies irrespective of size, industry or location are looking ahead to the next 3 – 5 years and hearing the same, in Ross Perot’s vernacular, “sucking sound”: the sound of the baby boomer leadership vacuum. This inevitable situation is the result of significant numbers of senior managers and executives entering retirement beginning in 2010. In fact, RHR International conducted a study last year that found that 500 of the US’s largest firms will lose half of their senior management by 2011.What are companies doing to reduce the risk this problem presents to their growth and operations strategies? And, how do companies develop a clear understanding of the skills they will require in the next 3 – 5 years? Once companies define those skill set projections, where will they go to fill the talent void? Read complete paper in English
PMBOK® Guide – Fourth Edition Changes – Chapter by Chapter By Cyndi Snyder Stackpole, MBA, PMP In last month’s article I provided an overview of the changes in the PMBOK® Guide – Fourth Edition. In this article I want to write about some of the specific changes in the chapters. As mentioned in the previous article, our architect designed chapters 1 and 2 to align with The Standard for Program Management – Second Edition and The Standard for Portfolio Management – Second Edition. Therefore much of the structure of the first two chapters has changed. In Chapter 1 we are providing an overview of project management and how it fits with programs, portfolios, organizations and operations. One of the major changes is that the PMBOK® Guide no longer mentions the triple constraint of scope, schedule and cost. Instead it discusses how project managers must balance the constraints of scope, quality, schedule, budget, resources and risk. Read complete paper in English
Open Source Trends and the Future of the Project Management Body of Knowledge…… By Paul Giammalvo Colleagues, several weeks ago, an esteemed “fellow heretic” colleague from Melbourne University, Ms. Danelle Jones, introduced me to an organization called “TED” (Technology, Entertainment and Design- http://www.ted.com/ ) My reason for sharing this arcane bit of information is to introduce you two EXTREMELY interesting video clips published by TED, which I am predicting are going to PROFOUNDLY impact the future of professional organizations in the coming years, ESPECIALLY those who aggressively are trying to “own” or “control” the body of knowledge associated with project management. In both video clips, speakers are talking about the ADVANTAGES of creating new knowledge by adopting “open source” or “copyleft” licensing. In the first video clip, http://www.ted.com/index.php/talks/richard_baraniuk_on_open_source_learning.html Professor Richard Baraniuk, Rice University http://www.dsp.rice.edu/~richb/ talks about the creation of a “knowledge ecosystem” for virtual learning communities. Through his Connexion project http://cnx.org/ , he shares with us examples of how knowledge, when placed in the “public domain” under “Creative Commons” licensing allows ANYONE to collaborate to create cost effective and timely training materials. This approach enables those at the right hand tail of power log distributions to be able to contribute to the knowledge base. This is especially important to enable those in the DEVELOPING NATIONS to be able to contribute. Read complete paper in English
Energy Crisis or “Energy Supply for Development” By Jose Machicao, PMP For years, we are witnessing how the energy system has matured, and from the basic usage of wood for heat, we, as a human society, managed to have energy markets and to discover electricity as an ineludible source for many of our main daily activities. Currently, we are reading a lot of opinions about a new energy crisis and many technical information analyses have been published in order to explain what is happening with energy in the World. We are currently living another energy crisis, with high oil prices, increasing forecast of consumption in the developing countries, low efficiency of consumption, and so on. My perception is that most of the analyses of the current crisis and even some of the past energy crisis, are and were focused on the technical description of energy markets. I consider it useful to explore what other aspects of the crisis project management can help us to discover as well as to improve the ability to surpass the crisis. Read complete paper in English
|
PM World Today™ is a trademark of pmforum Inc.
PMWT™ is a trademark of pmforum Inc.
The information on this web site was checked for accuracy and authenticity when last updated. If there is any accidental infringement of copyright, the publisher of this site apologize for their actions, and would like to be notified. In addition, the publisher of this site cannot bear responsibility for the actions or the results of action of individuals or companies arising from use of information and advice contained within it.
PM World Today Privacy Policy Terms and Conditions.
© Copyright 2008 PM World Today
