Project Management

Episode 465: Projects as Profit Centers - Part 1

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Cornelius Fichtner help you with your PMP Exam Prep (https://www.project-management-prepcast.com) as well as earn free PDUs (www.pm-podcast.com/pdu). Passing the PMP Exam is tough, but keeping your PMP Certification alive is just as challenging. Preparing for the exam requires an in-depth study of the PMBOK Guide and dedicated study discipline. And once you are PMP certified, then you are required to earn 60 Professional Development Units (PDUs) every 3 years to keep your certification alive. Let me help you make this journey easier with tips and tricks on how to prepare for and pass the exam as well as efficiently earning your PDUs once you are certified.

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The world of project management is undergoing a fundamental change -- a collaborative revolution: Projects that would have been done internally in the past are more and more given to external contractors, who in turn may use subcontractors and sub-subcontractors, building complex project supply networks (PSNs).

This cross-corporate way of doing projects is the market for professionals in project business.

Based on specific expertise and assets, they have the intention to serve their project customers, make them happy, but also need to be profitable and consider cash-flow. Project business is high-risk business for all parties involved.

Our guest today is Oliver F. Lehmann to give us his insights into the specific challenges of doing Project Business and provides an example for methods managing it like Benefit Engineering.


Posted on: May 27, 2021 05:37 AM | Permalink

Comments (7)

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Kwiyuh Michael Wepngong
Community Champion
Financial Management Specialist | US Peace Corps Yaounde, Centre, Cameroon
Thanks Sir Cornelius

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Justin Fu Senior Systems Engineer| Parsons Bristow, Va, United States
thanks for sharing

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miloud meddour Algeria
Thank you

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Latha Thamma reddi Sr Product and Portfolio Management (Automation Innovation)| DXC Technology Mckinney, Tx, United States
Thanks!!!.

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Kim OWENS Reservoir, Australia
Thanks

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Austin Onwuaso Bowie Md, Md, United States
Thank you!

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Michael Browning Director, Cybersecurity| Vanderbilt University Nashville, United States
Great insight - thank you for sharing!

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