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Explore a framework for project management, understand the typical project life cycle, and learn about important managerial actions in each phase. Early-stage decisions have a significant impact on project outcomes, emphasizing the need for strategic planning. Discover management challenges in today's dynamic landscape, including changing political systems and global workforce demographics. Gain insights into navigating these challenges effectively. Thank you for your interest, any questions?
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1. 1
2. A Framework for Project Management 2
3. A „Typical“ Project Life-Cycle 3
4. Managerial Actions in the Project Life-Cycle Phases 4
5. Phase Impact Early stages of a project,
little money is spent
but work done in these stages large impact on outcome of project
Important to get it right in early stages as changes down the line have bigger impact on total project cost 5
6. Phase Impact? 6
7. Management Challenges in Project Management Changing Political Systems
Triggered an explosive opening of new markets with opportunities for businesses
Generates hundreds of millions of potential new customers
Increased demand for goods and services further increases competition
Demographics and the New Global Workforce
Increased diversity-management programs and application of Employeement laws
Gain highly skilled employees
Managers look for “global awareness” 7
8. Thank you, Any questions? 8