The PM Podcast Episode 465: Projects as Profit Centers - Part 1

 

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