What and How of Stakeholder Management Approach. Focus on Stakeholder Needs and Requirements.The problem is we don't know current stakeholder status. Our dream is better understanding of our stakeholders,  and take proactive actions. We have to use technology to visualize our stakeholders and be able to forecast stakeholder satisfaction. Roadmap: Proactive Project Management, Technology

Proactive Project Management

Current Situation for Global Project Management

Survey Results

Importance of Proactive Project Management

Case Study: Toyota

Quality Issues

Results: Forecast, Risk, Proactive Project Management

Technology

Quality Control

Real Time

Knowledge Share

Scenario based forecasting

Is Forecasting Necessary

What are the top Overall Risks to Global Projects?

The goal of the Fourth PMBOK Cafe workshop was to explore the Global Project Risks. What are the top Risks? If these Risks happen what will be the effect? What can we do to manage these Risks?

Lessons Learned Risk Policy 2009 Summer

The fourth PMBOK Café explored the Risks involved with Managing Global Projects. Global Projects have additional risks that must be identified, monitored and controlled.

Political Regulational and Economic Risks are dynamic and have a huge impact on global projects. To deal with these risks Project Managers need to have smart research strategies. Examples of Political Risk that were presented in the Café were projects involving North Korean facilities with South Korean employees. North Korea released South Korea's Hyundai Asan worker on Thursday after four-and-a-half months of detention amid an ongoing visit by the company's chairwoman, Jung Un, Hyun and Project member, Mr. Yu Seong-jin, detained in North Korea for 136 days.

Global Projects are also subjected to Currency Exchange risks. Managing these risks involve hedging against a currency change that might impact the project.

Global Projects also involve a significant Socio-Cultural risk that are difficult to manage due to cultural differences. This cultural gap impacts communication and trust. If different cultures cannot trust each other for example differences in high context and low context countries there is a risk the project will run into difficulties.

Global Markets impact Projects because of rapidly changing competitive conditions. Shifting market conditions may cause external changes to scope requirements. Project Managers should actively gather information and analyze the data. If there is a need the Project Manager should trigger risk response strategies.

Japanese Best Practices

Japan has a long history of Culture? Projects have been completed in Japan for thousands of years.? Today, Japanese Companies are leading the world in terms of bringing new products to market.? Many of the concepts of Project Management have been imported from Japanese Business? For Example Kaizen, Ishikawa Diagrams, Affinity Diagramming, Scrum, Lean and Kanban.? The Third PMBOK Cafe is going to explore the unique nature of performing Project Management in Japan.

Participants shared their knowledge, and experiences.? The PMBOK was used as a base to compare what is different in Japan.? For Example; Project Charter, Project Plan, Earned Value Management, Risk Management etc.? What kind of Cultural Differences in Japan impact Project Management?

Scenario

In the future 2010 April, you are managing a large global project.? Most of the Project Team will be Japanese.? The Head Office is in Tokyo.? The Tokyo Office will conduct the majority of the planning/controlling/monitoring.? The customers will be global. There will be a manufacturing team in China. There will be an Information Technology Team in India. The Marketing Team will be from the USA.? The Project Managers from each team will come to Tokyo for training in Japanese Project Management Methods.? All the Project Managers are Project Management Professionals, with technical experience in their domains.

Before the planning begins, you are the activity owner for Team building activities.? Since most of the project will be planned/managed/controlled from Japan, the methods will be Japanese? The goal of the team building activity is to teach the offshore Project Managers about Japanese Business Culture and Project Management methods.