Wyższa Szkoła Europejska im. ks. J. Tischnera w Krakowie.
Konferencja "Zarządzanie projektami JUTRO".
Prezentacja Kjetil Gjerdalen.
Więcej informacji na http://www.wse.krakow.pl/pl/aktualnosci/2133-zarzadzanie-projektami-jutro-zdjecia
In today’s global PPP environment, exposure to international best practice is vital
PPP projects have demanding and exacting requirements
In most cases in emerging market economies, at least some of the partners will be international
In today’s global PPP environment, exposure to international best practice is vital. PPP projects have demanding and exacting requirements. In this document, we will cover capacity building for PPP projects
Presentation Session 4: Arnaud Voisin, cdc
ISMED Annual Conference, Defining a Way Forward for Infrastructure Investment in the Middle-East and North Africa (MENA)
Private sector in infrastructure funding/financing models and role of institu...OECD Governance
Presentation made by Raffaele Della Croce, Financial Affairs Division & Dejan Makovsek, Investment Division, OECD, at the 9th annual network meeting of Senior Infrastructure & PPP Officials held at the OECD, Paris, on 1 March 2016
Funding the multitude of projects is a huge challenge for governments. Private investment as a promising option Capacity Building is very important successful PPP programme
In today’s global PPP environment, exposure to international best practice is vital
PPP projects have demanding and exacting requirements
In most cases in emerging market economies, at least some of the partners will be international
In today’s global PPP environment, exposure to international best practice is vital. PPP projects have demanding and exacting requirements. In this document, we will cover capacity building for PPP projects
Presentation Session 4: Arnaud Voisin, cdc
ISMED Annual Conference, Defining a Way Forward for Infrastructure Investment in the Middle-East and North Africa (MENA)
Private sector in infrastructure funding/financing models and role of institu...OECD Governance
Presentation made by Raffaele Della Croce, Financial Affairs Division & Dejan Makovsek, Investment Division, OECD, at the 9th annual network meeting of Senior Infrastructure & PPP Officials held at the OECD, Paris, on 1 March 2016
Funding the multitude of projects is a huge challenge for governments. Private investment as a promising option Capacity Building is very important successful PPP programme
Risk management is the process of identifying, quantifying and ranking risks and their associated losses, and developing cost effective management strategies to eliminate or control the risks.
A perspective from the UK funding body JISC on digitization, looking both at common pitfalls in writing applications and also some of the hidden issues, both in terms of cost and time, in digitisation projects for cultural heritage.
RE-DELAYS: Documenting and analising the cost of regulatory delaysIEA_RETD
IEA-RETD investigated the costs of regulatory delays for the growth and economic potential of the renewable energy industry. Key recommendations from the RE-DELAYS project are:
• Streamline the regulatory processes by creating a one stop shop with simplified rules for applications.
• Increase accountability for decision making processes at the regulatory/governmental level, for example in the form of pre-determined fines associated with not achieving set milestones.
• Link the level of incentive such as FIT to delay.
• Define clear procedures and cost impact assessment of appeal processes.
• Inform the public about benefits and risks of RE and encourage consultative mechanisms to share concerns.
The project was carried out by 3E together with London Economics International LLC (LEI).
Risk management is the process of identifying, quantifying and ranking risks and their associated losses, and developing cost effective management strategies to eliminate or control the risks.
A perspective from the UK funding body JISC on digitization, looking both at common pitfalls in writing applications and also some of the hidden issues, both in terms of cost and time, in digitisation projects for cultural heritage.
RE-DELAYS: Documenting and analising the cost of regulatory delaysIEA_RETD
IEA-RETD investigated the costs of regulatory delays for the growth and economic potential of the renewable energy industry. Key recommendations from the RE-DELAYS project are:
• Streamline the regulatory processes by creating a one stop shop with simplified rules for applications.
• Increase accountability for decision making processes at the regulatory/governmental level, for example in the form of pre-determined fines associated with not achieving set milestones.
• Link the level of incentive such as FIT to delay.
• Define clear procedures and cost impact assessment of appeal processes.
• Inform the public about benefits and risks of RE and encourage consultative mechanisms to share concerns.
The project was carried out by 3E together with London Economics International LLC (LEI).
GreenStream's Technology Partner Manager Jenna Hytti gave a presentation in Techcode's China seminar and told GreenStream's story in China for the Finnish start-ups. The presentation tells how GreenStream has changed its business for several times in China, due to the rapid changes in the business environment. It also describes many lessons learned from the past 10 years that GS has been active in China.
With more than $18 billion in M&A activity in the first half of last year alone, the colocation industry is riding the bubble of rapid growth. Colocation data center providers are being evaluated by a wide range of investors, with varying experience and perspectives. Understanding the evaluation criteria is a critical competency for attracting the right type of investor and financial commitment for your colocation business and this is why we have invited today’s speaker to present.
Steve Wallage Steve Wallage is Managing Director of BroadGroup Consulting. Steve brings 25 years of industry experience, holding senior roles at Gartner Group, IDC, CGI and IBM before joining BroadGroup 10 years ago. In his responsibilities at BroadGroup Steve has led many due diligence projects for investors evaluating colocation companies.
Elevate Your Software Projects with Offshore Development ExpertiseBJIT Ltd
In offshore development, software creation is delegated to a team of developers in a different country. 68% of software products are mostly outsourced. This method has several advantages, including lower expenses, a larger pool of potential employees from whom to choose, and shorter completion times for projects. Notwithstanding, it has been regulated that outsourcing industry is now about a $90 billion industry. Read more: https://bjitgroup.com/blog-details/elevate-your-software-projects-with-offshore-development-expertise
Similar to Risk management in international, cross cultural projects (20)
Embracing GenAI - A Strategic ImperativePeter Windle
Artificial Intelligence (AI) technologies such as Generative AI, Image Generators and Large Language Models have had a dramatic impact on teaching, learning and assessment over the past 18 months. The most immediate threat AI posed was to Academic Integrity with Higher Education Institutes (HEIs) focusing their efforts on combating the use of GenAI in assessment. Guidelines were developed for staff and students, policies put in place too. Innovative educators have forged paths in the use of Generative AI for teaching, learning and assessments leading to pockets of transformation springing up across HEIs, often with little or no top-down guidance, support or direction.
This Gasta posits a strategic approach to integrating AI into HEIs to prepare staff, students and the curriculum for an evolving world and workplace. We will highlight the advantages of working with these technologies beyond the realm of teaching, learning and assessment by considering prompt engineering skills, industry impact, curriculum changes, and the need for staff upskilling. In contrast, not engaging strategically with Generative AI poses risks, including falling behind peers, missed opportunities and failing to ensure our graduates remain employable. The rapid evolution of AI technologies necessitates a proactive and strategic approach if we are to remain relevant.
Welcome to TechSoup New Member Orientation and Q&A (May 2024).pdfTechSoup
In this webinar you will learn how your organization can access TechSoup's wide variety of product discount and donation programs. From hardware to software, we'll give you a tour of the tools available to help your nonprofit with productivity, collaboration, financial management, donor tracking, security, and more.
Biological screening of herbal drugs: Introduction and Need for
Phyto-Pharmacological Screening, New Strategies for evaluating
Natural Products, In vitro evaluation techniques for Antioxidants, Antimicrobial and Anticancer drugs. In vivo evaluation techniques
for Anti-inflammatory, Antiulcer, Anticancer, Wound healing, Antidiabetic, Hepatoprotective, Cardio protective, Diuretics and
Antifertility, Toxicity studies as per OECD guidelines
Unit 8 - Information and Communication Technology (Paper I).pdfThiyagu K
This slides describes the basic concepts of ICT, basics of Email, Emerging Technology and Digital Initiatives in Education. This presentations aligns with the UGC Paper I syllabus.
A Strategic Approach: GenAI in EducationPeter Windle
Artificial Intelligence (AI) technologies such as Generative AI, Image Generators and Large Language Models have had a dramatic impact on teaching, learning and assessment over the past 18 months. The most immediate threat AI posed was to Academic Integrity with Higher Education Institutes (HEIs) focusing their efforts on combating the use of GenAI in assessment. Guidelines were developed for staff and students, policies put in place too. Innovative educators have forged paths in the use of Generative AI for teaching, learning and assessments leading to pockets of transformation springing up across HEIs, often with little or no top-down guidance, support or direction.
This Gasta posits a strategic approach to integrating AI into HEIs to prepare staff, students and the curriculum for an evolving world and workplace. We will highlight the advantages of working with these technologies beyond the realm of teaching, learning and assessment by considering prompt engineering skills, industry impact, curriculum changes, and the need for staff upskilling. In contrast, not engaging strategically with Generative AI poses risks, including falling behind peers, missed opportunities and failing to ensure our graduates remain employable. The rapid evolution of AI technologies necessitates a proactive and strategic approach if we are to remain relevant.
Instructions for Submissions thorugh G- Classroom.pptxJheel Barad
This presentation provides a briefing on how to upload submissions and documents in Google Classroom. It was prepared as part of an orientation for new Sainik School in-service teacher trainees. As a training officer, my goal is to ensure that you are comfortable and proficient with this essential tool for managing assignments and fostering student engagement.
June 3, 2024 Anti-Semitism Letter Sent to MIT President Kornbluth and MIT Cor...Levi Shapiro
Letter from the Congress of the United States regarding Anti-Semitism sent June 3rd to MIT President Sally Kornbluth, MIT Corp Chair, Mark Gorenberg
Dear Dr. Kornbluth and Mr. Gorenberg,
The US House of Representatives is deeply concerned by ongoing and pervasive acts of antisemitic
harassment and intimidation at the Massachusetts Institute of Technology (MIT). Failing to act decisively to ensure a safe learning environment for all students would be a grave dereliction of your responsibilities as President of MIT and Chair of the MIT Corporation.
This Congress will not stand idly by and allow an environment hostile to Jewish students to persist. The House believes that your institution is in violation of Title VI of the Civil Rights Act, and the inability or
unwillingness to rectify this violation through action requires accountability.
Postsecondary education is a unique opportunity for students to learn and have their ideas and beliefs challenged. However, universities receiving hundreds of millions of federal funds annually have denied
students that opportunity and have been hijacked to become venues for the promotion of terrorism, antisemitic harassment and intimidation, unlawful encampments, and in some cases, assaults and riots.
The House of Representatives will not countenance the use of federal funds to indoctrinate students into hateful, antisemitic, anti-American supporters of terrorism. Investigations into campus antisemitism by the Committee on Education and the Workforce and the Committee on Ways and Means have been expanded into a Congress-wide probe across all relevant jurisdictions to address this national crisis. The undersigned Committees will conduct oversight into the use of federal funds at MIT and its learning environment under authorities granted to each Committee.
• The Committee on Education and the Workforce has been investigating your institution since December 7, 2023. The Committee has broad jurisdiction over postsecondary education, including its compliance with Title VI of the Civil Rights Act, campus safety concerns over disruptions to the learning environment, and the awarding of federal student aid under the Higher Education Act.
• The Committee on Oversight and Accountability is investigating the sources of funding and other support flowing to groups espousing pro-Hamas propaganda and engaged in antisemitic harassment and intimidation of students. The Committee on Oversight and Accountability is the principal oversight committee of the US House of Representatives and has broad authority to investigate “any matter” at “any time” under House Rule X.
• The Committee on Ways and Means has been investigating several universities since November 15, 2023, when the Committee held a hearing entitled From Ivory Towers to Dark Corners: Investigating the Nexus Between Antisemitism, Tax-Exempt Universities, and Terror Financing. The Committee followed the hearing with letters to those institutions on January 10, 202
Introduction to AI for Nonprofits with Tapp NetworkTechSoup
Dive into the world of AI! Experts Jon Hill and Tareq Monaur will guide you through AI's role in enhancing nonprofit websites and basic marketing strategies, making it easy to understand and apply.
How to Make a Field invisible in Odoo 17Celine George
It is possible to hide or invisible some fields in odoo. Commonly using “invisible” attribute in the field definition to invisible the fields. This slide will show how to make a field invisible in odoo 17.
Risk management in international, cross cultural projects
1. Project Management TOMORROW
Risk management in international, cross cultural projects
Tischner European University, Krakow
December 8, 2015
By Lecturer Kjetil Gjerdalen, MBA
Buskerud and Vestfold University College, Norway
117.12.15
2. Current trends in global economy
• Increasing influence of BRICS and other emerging markets
• China will surpass US as world’s largest economy in 2030
• Wave of mergers and acquisitions
• Trade agreements and breakdown of barriers to trade - fostered by rapid changes in technology,
communication and market liberalization
• Concerns on environmental impact of growth – outcome of current Paris Climate Change
Conference?
3. Background for the presentation
• Extensive international experience from small and medium sized companies, mostly CEO, COO or
Plant Manager
• Presentation to a large extent based on experience as COO of Luxo ASA, a lighting company listed
on the Norwegian stock exchange, running a global operation
• The specific project was to outsource a significant part of the lamp production
from Luxo’s Norwegian plant to a longstanding partner located outside of
Shanghai, China
17.12.15 3
Kjetil Gjerdalen
5. Risks involved – overview
Political and contractual risks
•Political risk
•Currency risk
•Conflict on contract
•Sustainability of project at partner selected
•Child labor, working conditions and environmental issues
•Infringements of IPRs
Project management risks
•Capability at Norwegian plant while building up capacity in China
•Cost overruns in project and/or product calculations
•Quality issues
•Delays in project
•Stock out – during project period and regular operations
517.12.15
6. Political risk
ISSUE
•Macro and micro risk
•Operational and transfer risk (but no ownership risk in Luxo’s case)
•(Terrorism)
PRECAUTIONS OR STRATEGIES
•Study climate for doing business, assess risk
•Protective and defensive techniques discourage the host government from interfering in
operations (no R&D, diversify production and financing, limited local personnel etc)
•Proactive strategies as leveraging international trade and financing agreements
•Lobbying, using embassies, campaign financing, public relation activities, advertising, political
interventions
17.12.15 6
7. Currency risk
ISSUE
•Project involved currency exposure to one or both parties. Even if Luxo could buy in NOKs, Luxo
would need to find a pricing mechanism that allows the partner to make money in the long run
PRECAUTIONS OR STRATEGIES
•Forward contracts require short term horizon and known revenue and cost streams – and come
with a cost
•Share risk between two parties involved
•Parties agreed on pricing in USD, quite common in China. Luxo’s income in the US market – in USD
– would be offset against Luxo’s costs of production in China. Require fairly predictable purchasing
and sales volumes in the long run, however
17.12.15 7
8. Conflict on contract
ISSUE
•Chinese partner accepted and signed Luxo’s proposed draft without considering the contents.
Chinese culture has long term view, and expects “guanxi” or good relations. Luxo dependent on
steady deliveries and installed heavy sanctions on breach of contract
PRECAUTIONS OR STRATEGIES
•Spend time together to build “guanxi”
•Allocate time to negotiate a balanced contract, explain why there must be sanctions. Be explicit
•Balanced contract
17.12.15 8
9. Sustainability/stability of project at partner selected
ISSUE
•“All eggs in one basket” for Luxo. Need to trust sustainability of partner selected
PRECAUTIONS OR STRATEGIES
•Maintain capacity at Norwegian plant until Chinese up and running (expensive option)
•Split volumes between two or more parties – which likely will give higher prices
•Study corporate structure and culture, financial situation
•Establish frequent reporting
•Develop and invest in relationship step by step
•Practice “quanxi” if this is what you preach
17.12.15 9
10. Child labor, unacceptable working conditions, corruption,
environmental issues etc
ISSUE
•Risk of doing business with partners who have lower standards than corporate policy, legal
requirements, international treaties – and than customers expect
PRECAUTIONS OR STRATEGIES
•Be explicit on need for abiding by standards agreed
•Training programs
•Explicit right to inspections without prior notice, also at sub-suppliers
•Visit to sub-suppliers
•Monetary sanctions – and incentives?
•Contracted right to immediate cancellation if material breach of contract
17.12.15 10
11. Infringements of IPRs
ISSUE
•Luxo highly dependent on technology transfer to obtain savings as budgeted. Sharing ALL
knowledge a requirement for success. China has a negative reputation on infringements of
intellectual property rights (IPRs)
PRECAUTIONS OR STRATEGIES
•Do not outsource core technology
•Cancellation if material breach of contract
•Develop reputation for chasing all infringements
17.12.15 11
12. Capability at Norwegian plant when building down capacity
ISSUES
•Capability at Norwegian plant while building down capacity – and building up capacity in China
•Plant ran at marginal profitability due to lack of volumes – future at stake
•Motivational challenges
•Training Chinese engineers to replace Norwegian staff
PRECAUTIONS OR STRATEGIES
•Open and honest communication
•Explain criticality of successful project
•Challenge staff on improvements that could secure remaining jobs
•Incentive systems for staying onboard
•Increase inventory levels
17.12.15 12
13. Cost overruns in project and product calculations
ISSUE
•Offer from partner in Shanghai demonstrated potential savings of 50 percent compared to cost
level in Norwegian plant. Would such savings be sustainable?
PRECAUTIONS OR STRATEGIES
•Meticulous studies of offer, specification and calculation – is everything fully understood?
•Contract on long term pricing mechanisms
•RAM – responsibility assignment matrix
•Monthly reporting of progress and deviations
17.12.15 13
14. Quality issues and delays in the project
ISSUE
•Risk of quality issues and delays in a project of critical importance to Luxo
PRECAUTIONS OR STRATEGIES
•Maintain capacity in Norway until partner fully up and running (expensive option)
•Training in Norway
•Meticulous check of drawings and specifications
•Luxo project management on site in Shanghai
•Frequent visits to partner’s sub-suppliers
•Weekly reporting of status and issues
•RAM and GANT-chart
•Clear contract between parties that includes sanctions if breach of contract
17.12.15 14
15. Stock out – during project phase and regular operations
ISSUE
•Norwegian plant extremely flexible, small orders could be produced and delivered in the afternoon
if ordered in the morning, a service highly attractive among sales staff and customers
PRECAUTIONS OR STRATEGIES
•Stress need of forecasting volumes – reward solid forecasting
•Establish regulation on air freight
•Make clear consequence of obtaining cost savings is lead times will go up
•Offer price reduction to customers (only if needed!)
•Build extra inventory, especially during initial stages
17.12.15 15
16. Risks involved – summary
• There will always be risks connected to project management
• Risk increases with geographical and cultural difference
• Much can be done to reduce risk
• Impossible – or at least too expensive – to eliminate risk
1617.12.15