3 items found

Resolving Agency Issues in Client-Contractor Relationships: The Use of an Award Winning Teaching Case Study

by Christine Unterhitzenberger

August 11, 2020 | 59:35 | Views: 32,647 | PDUs: 1.00 | Rating: 4.45 / 5

The case study on resolving agency issues in client-contractor relationships was the winner of the 2019 DSI PMI Instructional Case Writing Competition. The author will present some theoretical background on the use of case studies in teaching and then introduce the case study itself and outline its potential use in online settings. The case study focuses on the management of relationships which has been acknowledged as a crucial element of project success. However, agency related issues such as goal conflict, information asymmetry or opportunistic behavior can make relationship management a real challenge. The program managers for One Global Headquarters at Merck developed their own way on how to deal with this challenge in a complex and uncertain environment. This case study will provide unique insights into their approach and motivation.

Respect Culture or Face Failure: Leadership Lessons from Four Continents

by Karthik Ramamurthy

October 25, 2018 | 61:36 | Views: 62,641 | PDUs: 1.00 | Rating: 4.50 / 5

Does your project team gel well? If not, can you really achieve success? Project success is tough to achieve as complex scope needs to be completed within compressed schedules and tight budgets. Another major challenge is the heterogeneous mix of project teams in terms of Age, Geography, Culture, Ethical outlook, etc. Ignoring cultural differences in teams is a recipe for disaster. Effective Project Leadership demands investing time in deeply understanding cultural factors, clear communication and complete transparency.This engaging webinar will help you understand key challenges, and walk you through a proven, practical six-step approach used across four continents to lead project teams to success.

Rethink! Project Stakeholder Management

by Martina Huemann

June 15, 2016 | 50:03 | Views: 13,727 | PDUs: 1.00 | Rating: 3.93 / 5

Many projects fail because stakeholders’ expectations and interests are not sufficiently steered and managed. This research analyzes stakeholder management from two perspectives: In a “management of stakeholders” approach, a project needs stakeholder contributions to fulfill its purpose. In contrast, the “management for stakeholders” approach is based on the understanding that all stakeholders are valuable regardless of their help or harm potential. Research results show that a combination of both approaches ensures greater flexibility regarding project stakeholder management.