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. Continue reading

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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

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

What Managers can learn from Obstacle Runs!

Let’s start with a topic which needs to be transfered to fit the international business section. It’s about the increasing number of events of obstacle races. They are a mixture of sports, drill and hard mental work.

Tough Mudder and Fisherman’s Friend Strongman Run

I just read about it in a business newspaper and the article reminded me of my start at one of those events in May 2013. I received a wildcard by a friend for the Strongman Run at the Nurburgring and thought “let’s try it”. It was a two rounds course with 15 obstacles per round and all together we had to run 24 kilometres. The worst part was that I got my first cramps when I jumped into the ice-cold water after 10 kilometres and I really had to force myself to go on and finish this competition. And believe me, it really hurt. Continue reading