Managing Multiple Projects – So Much To Do

Hey there,

within the last month our class succeeded in several classes such as Monitoring and Control with Earned Value, Project Procurement and Managin Multiple Projects.

In the Earned Value class we learned how to analyse the current success of a project by the measures of cost and time. I think it’s a very easy tool to see the current status of the project and to realize early if it falls behind schedule or goes over budget.

The Procurement class provided us with several possibilities of contracts which can be used in a project. It’s always necessary to know which kind of contract is the less risky for you (doesn’t matter if seller or buyer) and which you should avoid. In this class we did a group presentation about the Ocean Cleanup, which I already described in a former post. We analyzed which work they have to do, a possible schedule and who can be a contractor for this project and which kind of contract we should negotiate with them fom the Ocean Cleanup perspective. Moreover we were happy to give information about this great project to our instructor and classmates who haven’t heard of it so far.

Today is our last class in the course Managing Multiple Projects and we will do our final presentation. This time my team developed the whoe project plan for the construction of the aquatic center for the Olympics 2020 in Tokyo. It was really a lot of work but fun at the same time because we developed something new. As you probably guess this was not the only project in our class. We received four more interconnected projects which we had to fulfill at the same time within different groups. So no one was bored in the class because everyone had a lot of work. Nevertheless I think our class did a good job in separating work, setting short meetings for each project and completing all important deliverables for each project. This class was by far the most interacting and I again realized how much more you learn by doing as by simply learning the theory or from past experiences of others.

Tomorrow my last class of the ACP Project Management starts and our team slowly comes from the Performing to the Adjourning stage. It is simply as a quote I recently found states: “The bad news is time flies. The good news is you’re the pilot.” (Michael Altshuler)

International day of Project Management

Hi there,

yesterday was the international day of project management (first thursday in every november) and our instructor gave us an interesting link to the virtual conference which has available videos and more information on the topic until 21st of November. I highly recommend to register for it at the top of the page (it’s free) and have at least a look at the intro which they made very interesting in form of a virtual conference hall. Have a look at International Institute for Learning Continue reading

Project Risk Management

Hi there,

one week ago we finished the Cost Management class and I developed a basic calculator for the Hybrid vs. non-Hybrid vs. Tesla S car comparison concerning ongoing and initial costs. Well with the estimation we had to implement the net present value of the Tesla was almost the same as the Hybrid and I of course recommended buying the Tesla S model…if you are interested in the simple calculator version let me know and I will send you the Excel data. Continue reading

Project Cost Management

Hi there,

last week I told you about our leadership presentation. Our team did a great job and we were elected by our peers to be the best and most creative presentation in class and everyone won a ten dollar voucher of amazon. Great additional rewarding by our instructor. Nevertheless the other presentations were also very interesting and creative and presented Richard Branson, Papa Smurf and Mother India from a leadership perspective.

Since thursday we are in the project cost management class Continue reading

Leadership in a Project Environment

Hi there,

last week was packed with another topic on Project Management. We learned about leadership and team building in a project environment and the instructor gave us the task to present leaders in the different stages of team development (Forming, Storming, Norming, Performing & Adjourning). Our group had to present a leader who was very successful in the Storming stage. We finally agreed on doing a presentation about Jupp Heynckes who is a former coach of Bayern Munich and was the first coach to win the triple (German Cup, German Championship and Champions League Trophy) in one year. He was able to create a positive team environment and a kind of family even with all the stars who were playing in the team. They learned to respect each other and that the team success is more valuable as the personal success. Continue reading

Foundations of Project Management

Hi there,

the first course of my Project Management (PM) class comes to an end. My classmates and I were introduced to the foundations of PM by using the most used of the global standards (PMBOK – Project Management Body of Knowledge). It’s created by the Project Management Institute (PMI) and the guide is provided in several languages such as English, Spanish, Chinese, German and several others. Continue reading

Project Management Global Learning

Hi there,

last week my last semester of my Masters’ studies started and I have the wonderful opportunity to study at the University of California in Irvine. I got to know great instructors and students already and the best thing is they come from all over the world. My current class on Project Management involves students from Brazil, France, Dubai, India, Korea, China, Taiwan, Japan, Saudi Arabia and Germany (I’m the only one). Continue reading