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19/10/2008
Time is NOT money,
a conversation with Keith Pickavance

The Chartered Institute of Building (CIOB) conducted a survey of the construction industry’s knowledge and experience of different methods of project control, and time management, record keeping, monitoring and training. One of the key people driving the report and the on-going work by CIOB to develop a 'Best Practice' standard and scheduling certification in Keith Pickavance, CIOB President and Keynote speaker at PM Asia 2008.  Read 'Time is NOT money', a conversation with Keith Pickavance' for some background on this initiative. Mosaic will also be supporting the CIOB work developing its scheduling 'Best Practice Standard' for additional information,  visit our Scheduling Home Page.


9/10/2008
Differences between the Third and Fourth Edition of the
PMBOK® Guide


The fourth edition reflects a focus on improved consistency and clarity. Redundant information was removed and clarifying statements added where needed. The PMBOK® Guide - Fourth Edition continues the tradition of excellence in project management with a standard that is easy to understand and implement.

The major differences between the Third Edition and the Fourth Edition are summarised below: A complete list of changes can be found in Appendix A of the Fourth Edition.

9/10/2008
The major differences between the current and the Second Edition of the
Standard for Program Management ?


 
The most significant difference between the First edition and the Second Edition is in the development of program-specific knowledge areas. These included knowledge areas that are critical to successful program management as well as knowledge areas that are significantly different at a program level than at a project level.

A second significant difference between the two editions was in the removal of "themes" that were introduced in the first edition.
Of special note is that there are three areas: Cost Management, Quality Management, and Human Resource Management, that were determined to be better discussed at the project level rather than at the higher program level as stand-alone knowledge areas. These areas reference the PMBOK® Guide - Fourth Edition.


9/10/2008, updated 7/11/2008

Oracle Corporation acquires Primavera

Oracle Corporation has acquired Primavera Systems. Primavera will join Oracle as a global business unit (GBU) focused on delivering Enterprise PPM solutions to its customers. Joel Koppelman will be Senior Vice President and General Manager of the GBU, and Dick Faris will continue to lead the Primavera development activities as Senior Vice President, Product Development.

Primavera's project portfolio management (PPM) products complement Oracle's leading applications, middleware, and database offerings, and together will deliver the first, comprehensive Enterprise Project Portfolio Management solution for project-intensive industries from a single, global vendor. The Oracle Primavera GBU, we will support and develop standards and functional integrations to Oracle and non-Oracle enterprise applications to ensure all customers receive maximum benefit from this combination.

 

5/10/2008

PMI-SP Credentials

PMI have officially awarded the PMI Scheduling Professional (PMI-SPSM) credential to its first class of PMI Scheduling Professionals.  Mosaic's Patrick Weaver was one of the first 92 people accredited as a PMI-SP.

To help fellow schedulers obtain this significant credential, Mosaic has launched its updated 5-STEPS scheduling work shop (Oct. 2008) based on the PMI Practice Standard for Scheduling [see: 'How To'  develop an effective Schedule (5-STEPS)] and will launch a PMI-SP
SM prep course mid 2009 based on the updated PMBOK [see: Advanced Project Scheduling for the PMI-SP credential].

Mosaic's 5-STEPS workshop will generate 6 Hrs of approved scheduling training. The PMI-SP course will generate an additional 24+ Hrs.  In combination the two courses will offer 30 Hrs of approved training to meet the eligibility requirements for the PMI-SP credential.

5/10/2008

PMI Research Proves the Value of PM

Research sponsord by PMI has clearly demonstrated the link between implementing good project management practice and a solid ROI:
-  Download the Research Overview
-  To assess your organisations PM level visit our OPM3 Page
-  To develop your PM career, visit our Career Framework page
 

26/6/2008, updated 9/10/2008

Updated PMI Standards and Credentials

PMI will be releasing updates to their key standards in Q4 2008. Some of the changes include:
  • PMBOK Guide®Knowledge Areas updated. The number of processes decreased from 44 to 42. Two processes were deleted, two processes were added and 6 processes were reconfigured into 4 processes in the procurement Knowledge Area.
  • Portfolio ManagementNew Knowledge Areas including Portfolio Governance and Portfolio Risk Management
  • Program Management9 new Knowledge Areas including Financial and Stakeholder management and Program Governance and 47 new processes
  • OPM3®: Aligned with the new versions of the PMBOK, Program and Portfolio standards, Reduction in the overall number of Best Practices, Additional Categorization to simplify utilization and application and improved Self-Assessment Method (SAM) Questions.
Based on these changes, the PMI Credentials will begin to change in 2009:
  • CAPM Certifications - Exams taken prior to 31st July 2009 will be based on the current  PMBOK® 3rd Edition, from the 1st August, the PMBOK® 4th Edition will be the basis for the exam.
     
  • PMP CertificationsExams taken prior to 30th June 2009 will be based on the current  PMBOK® 3rd Edition, from the 1st July, the PMBOK® 4th Edition will be the basis for the exam.
       
  • PgMP CertificationsExams taken prior to 30th August 2009 will be based on the current  PMBOK® 3rd Edition and the Standard for Program Management - First Edition from the 1st September, the PMBOK® 4th Edition and the Standard for Program Management - Second Edition will be the basis for the exam. Mosaic's courses will be developed to the new standards.
     
  • PMI-SP CertificationsExams taken prior to 30th August 2009 will be based on the current  PMBOK® 3rd Edition, from the 1st September, the PMBOK® 4thEdition will be the basis for the exam; the Practice Standard for Scheduling does not change. Mosaic's courses will be developed to the new standard.
[See more on the changes to the PMI Standards]
 

18/6/2008
New PDU Requirements for PMPs

From August 2008, All current PMP credential holders will be assigned new PMP expiration dates that correspond with the anniversary date of the bestowal of their credential.
To effect this change, all PMP credential holders will have months added to their renewal cycle based on the anniversary of earning their credential; no one will have time taken away. Currently, all PMP credential holders expire on 31 December of the third year after they earn the credential and every third year from that date forward.

Transition Arangements

The transition to the new system will becomes operational in late August, this is when PMP credential holders will see their new expiration dates when they log into PMI.org and the online certification system.  Communications from PMI to PMP credential holders
will continue through to October.  The key communications are:
  • 18 June–31 July - Eblast to all PMPs informing them of the upcoming change.
  • 18 August–18 September – Eblast to all PMPs providing them with their new PMP expiration date.
  • 18 August–October – Direct mail containing a new certificate with their new PMP expiration date and instructions on how it affects them.
For more detailed information on this change, view the Frequently Asked Questions (FAQs) on PMI.org.  Click here to see more on earning PDUs


31/5/2008
Stakeholder Circle® - New European Partner

The marketing of the Stakeholder Circle® methodology and software in the German speaking areas of Europe will be significantly enhanced following the signing of a key partnership agreement with Tiba Managementberatung GmbH.  Watch this space for breaking news.......


21/4/2008
New Project Management Courses

Program Management Professional (PgMP) Training and Support  
The new PMI Scheduling Professional (PMI-SP)™ credential will be unveiled at the upcoming PMI College of Scheduling Conference, 4 –7 May 2008. Eligible candidates for the credential can now apply online and schedule their examination for 30 May 2008 and beyond. Mosaic will be offering PgMP Training from Q4 2008.
[ See Mosaic's PgMP training page for details ]
  
Scheduling Professional Credential (PMI-SP) Training and Support  Mosaic will be offering PMI-SP Training from 2009.
[ See Mosaic's PMI-SP training page for details ]
 

20/4/2008

Mosaic's Workshops Restructured

Introducing the 'How To' Series:

'How To' workshops focus on the practical skills needed to undertake key project management processes and incorporate practical information on templates, methodologies and tools. This series includes:

[ View 'How To' Workshop details ]

For additional information call (03) 9696 8684 or
Email How_To@mosaicprojects.com.au

Introducing the Executive Series:

Executive workshops and briefings are designed for project and program managers, and the mangers of project and program managers. This series includes:

[ View Workshop details ]

For additional information call (03) 9696 8684 or
Email Workshops@mosaicprojects.com.au


29/3/2008

PMI Announce CAPM Renewal Options

The PMI Certified Associate in Project Management (CAPM®) credential acknowledges the professional dedication of project team members and specialists who contribute to project success from many different perspectives.

The first of these CAPM credential holders are now coming up for renewal at the end of their 5 year eligibility period.  CAPM credential holders maintain their credential by studying the updates to A Guide to the Project Management Body of Knowledge (PMBOK® Guide) that have occurred over the last five years and re-sitting the CAPM examination.  Details of the CAPM renewal process can be found on our CAPM page [see more on renewing your CAPM credential].

8/2/2008
New ISO Standard for Project Management
Call for Volunteers

Standards Australia, supported by a range of professional organisations including PMI and AIPM are collaborating on the development of a new ISO Standard for Project Management.  Mosaic's Patrick Weaver is the member of the Australian committee  responsible for convening the local 'Terminology Working Group'.

To join the Australian effort, email James Thomson at  james.thomson@standards.org.au   or call 02 9237 6119

 [ Read Communique #1 for more information ]

2/2/2008

International Journal of Managing Projects in Business

A new project management journal, edited by Prof. Derek Walker of RMIT University, Melbourne has been launched by Emerald. The International Journal of Managing Projects in Business  provides broad coverage of all aspects of project management, from strategy to planning and implementation with a unique and practical focus on project management in business.  Vol. 1 includes a summary of Dr. Lynda Bourne's DPM thesis, Project relationship management and the Stakeholder Circle™.  For more information [ visit the journal website ]


31/1/2008

Mosaic supports PM Asia & PMOZ 2008

PMOZ, Melbourne: 18 - 20 August  2008. See www.pmoz.com.au  for details or [ download the brochure ].

PM Asia, Singapore: 14th to 17th Oct. 2008. Details to follow..... 


28/1/2008
OPM3 & CMMI:
Collaboration opportunities for organisations


PMI have released 2 reports focusing on the benefits of using OPM3 and CMMI, including advice on selecting the right tool and the opportunities to use both tools collaboratively. For more information visit our OPM3 'home page' at: www.mosaicprojects.com.au/OPM3.html#opm3_CMMI.
 
7/1/2008
Errors in the PMBOK Guide 3rd Edition

There are a number of minor errors in the PMBOK Guide 3rd Edition that have been corrected by two Errata sheets. Depending on the print run, you may need both sheets, or just the second sheet. The first Errata sheet pertains to the first printing of the book (or CD-ROM) only. The second errata sheet pertains to all printings up to the fifth printing.

In order to determine the print run of your book, refer to the bottom of the copyright page (which precedes the Notice page and Table of Contents). You will see a descending numerical string of numbers beginning with 10. The first printing of the PMBOK(R) Guide—Third Edition will show the numerals 10 through 1. With each subsequent print run, the lowest numeral is removed from the string. Therefore, if your copy of the PMBOK® Guide—Third Edition has all 10 numerals, you have the first printing and you will need both errata sheets.

10 9 8 7 6 5 4 3 2 1
10 9 8 7 6 5 4 3 2
10 9 8 7 6 5 4 3
10 9 8 7 6 5 4
10 9 8 7 6 5 
(needs first errata sheet and second errata sheet)
(needs second errata sheet)
(needs second errata sheet)
(needs second errata sheet)
(needs second errata sheet)

To down load the first Errata sheet    [ click here ]
To down load the second Errata sheet   [ click here ]


30/12/2007
Stakeholder Relationship Management:
A Maturity Model for Organizational Implementation

Gower Publishing Ltd has agreed to publish Dr Lynda Bourne's new book, Stakeholder Relationship Management: A Maturity Model for Organizational Implementation. Publication is planned mid 2009.  
 For additional information and previews, [ Visit our Book Page ].
 
8/12/2007
New KPMG Advisory - Managing Global Projects

Stakeholder engagement is seen by KPMG as a key requirement for the successful delivery of 'global projects'. Rigorous stakeholder analysis is recommended. The report says "the challenges of stakeholder management are by no means unique to global projects, but when overlayed with cultural requirements and geographical distances, they become acutely more complex. 

Download the KPMG report 'Managing Global Projects: Observations from the front line' from www.mosaicprojects.com.au/Resources_Papers.html#Proj_Off 

For more on stakeholder mapping and analysis see  www.mosaicprojects.com.au/Stakeholder_Circle.html


OPM3 ProductSuite Update v1.1 Announced

The OPM3 TrainingSuite and OPM3 ProductSuite applications have now been updated. The update address known issues and introduce some new product features, including:
-  New reporting options
-  Additional Export Questions
-  Improved Best Practice applications.

[ See more on OPM3 ]


21/11/2007
Procurement Systems Book Published Procurement Systems – A Cross Industry Project Management Perspective, Taylor & Francis, London.
Editors: Walker, D. H. T. and Rowlinson, S.
 
This book, with Dr Lynda Bourne as co-author of Chapter 3 has been published.
Pre-views, downloads and additional information: www.mosaicprojects.com.au/Books.html#books
 
Buy book from: http://www.tandfbuiltenvironment.com

19/11/2007
Construction Stakeholder Management

We are contributing to a new book edited by Dr Ezekiel Chinyio & Professor Paul Olomolaiye, from the University of Wolverhampton. Due for publication mid 2008 by Blackwell Publishing (UK): www.blackwellpublishing.com

Dr. Lynda Bourne and Patrick Weaver have been contracted to write 'Chapter 7 - Mapping Stakeholders' for this new industry text book.


19/10/2007
See Us @ PMI Global Congress, Malta

Mosaic's principals, Dr. Lynda Bourne and Patrick Weaver are both presenting papers at the PMI Congress in Malta, May 2008.  Whilst it is unlikely we will be exhibiting due to logistical difficulties, we should be relatively easy to find and will be happy to discuss the Stakeholder Circle® and/or our training courses.

For more on the PMI EMEA Congress see:  http://congresses.pmi.org


16/9/2007

Mosaic paper referenced from Wikipedia

Mosaic's published paper on the 'Origins of modern project management' has been included as an 'External Link' from the project management page in Wikipedia. See http://en.wikipedia.org/wiki/Project_management 

Mosaic has supported the publication of a range of papers discussing aspects of project management for many years.  Our full collection of papers can be accessed and downloaded free of charge from our 'Papers Index' page at: http://www.mosaicprojects.com.au/Resources_Papers.html 


12/8/2007
Procurement Systems – A Cross Industry Project Management Perspective

A new book with Dr. Lynda Bourne as a co-author for Chapter 3. This book is primarily focussed upon how project leaders can make and influence procurement decisions so as to realise a project that truly delivers value to its stakeholders. Organisations tend not to want to merely source products, equipment, people or systems rather they have a complex (often implicit) need for a bundle of resources that help them generate and deliver something that will be valued by those receiving the project product/service. Publication due late 2007.

Previews available for downloading from the Mosaic Book Page.


27/7/2007

See Us @ PMI Global Congress, Atlanta

Mosaic's sister company, Stakeholder Management Pty Ltd will be an exhibitor at the PMI Global Congress in Atlanta, in October.  

The primary focus of the stand will be the Stakeholder Circle® methodology and software, but we will be equally happy to discuss our PMP training and our other range of training and consultancy services. In Atlanta, visit us on stand #924. 


21/7/2007
Changing of the Guard at Primavera

After 17 years at the helm, founder and Manging Director of Primavera Australia, Gordon Comins has retired.  The new owners bring together the national Primavera dealership and the WA and Qld sub-dealerships making for a stronger presence throughout Australia.   We wish Gordon the joys of a well earned retirement and the new MD, Jim Fairchild every success.


28/6/2007

Mosaic supports World Project Management Week & PMOZ 2007

WPMWeek, Singapore: 12th to 16th Nov 2007 (Silver Sponsor).   See www.wpmweek.com  for details or [ download the brochure ].

PMOZ, Gold Coast: 28 - 31 August  2007 (Bronze Sponsor). See www.pmoz.com.au  for details or [ download the brochure ].


23/6/2007

PMP Certified to ISO 17024 Standard

PMI’s Project Management Professional (PMP®) certification program has been accredited under the new  ISO/IEC 17024, General requirements for bodies operating certification of persons standard.

ISO 17024 provides a benchmark for certification bodies offering certification of persons in any occupation and facilitates accreditation by national bodies. ANSI, the American National Standards Institute, verified among other things, that proper policy is implemented to ensure all certification candidates are treated equally, that examinations are consistent and fair, that quality improvement is in place and that all subcontractors perform as they should.

 
16/6/2007
PMI Practice Standard for Scheduling

The new PMI Practice Standard for Scheduling is now available from the PMI Melbourne Chapter for AU$60.50 (Australian clients only).

This standard is the first to provide practical guidance on the development and management of a project schedule and will form the basis of a new scheduling credential currently in planning by PMI.

PMI members can download a PDF version from the Members area of the website.  Books are available from the PMI Melbourne Chapter, through Mosaic for $60.50 + $11.00 shipping. To order, email: Standards@mosaicprojects.com.au

[ See: Recommended Books & Standards ]


A Brief History of Project Management

The Association for Project Management, UK, has published an article by P. Weaver discussing the history of 'modern project management'. This article is a synthesis of two conference papers available for download:
-  A Brief History of Scheduling
-  The Origins of Modern Project Management

And will for the basis for a full conference paper, Trends In Modern Project Management - Past Present & Future that will be presented at PMOZ in August (see: www.pmoz.com.au).

[ Download the article ]


2/6/2007

Deltek Acquires WST Pacific

Adelaide based WST Pacific was acquired by US company Deltek on the 24th May.  The entire WSTP team has become part of the Deltek team, including both Tony Scuteri and Mike Boulton.  This acquisition completes the takeover of WST (developers of Open Plan, WelcomHome and COBRA) by Deltek.

This move continues the consolidation of the 'high end' tools with Primavera and Deltek now dominating this segment of the market and Microsoft Project maintaining dominance at the desktop.

31/5/2007

CBT Testing Available Across Australia

Thomson Prometric are upgrading the delivery of the PMP and CAPM examinations across Australia.  To date the only locations where Computer Based Testing (CBT) has been available is Sydney and Melbourne.  People in other locations had to either take a 'paper based' exam or fly.  Paper based exams also required a 6 to 9 month lead time to organise and needed either the local PMI Chapter or a business to sponsor them.

The new CBT delivery planned for Brisbane, Canberra, Adelaide and Perth will only require a month's lead time to organise and a committed group of 10 people.  Once the exam has been set up, any other interested person will be able to book into the session.

These new arrangements will be progressively rolled out through the balance of 2007 and should result in a significant number of new test options for prospective PMP and CAPM exam candidates through the latter part of this year and into 2008. 

Mosaic's Mentored Email™ clients around Australia will benefit from the additional examination options.  Commercial clients and Canberra training course clients will generally be able to arrange for a CBT exam at the end of the 30 day period for using our PM Final on-line exam simulator.

Watch this space for updates


21/4/2007

Stakeholder Circle™ Workshops

Mosaic's Stakeholder Circle™ workshops at PMI SeminarsWorld were featured in the PMI Community Post email forwarded to its 225,000 members on the 13th April 2007 - see copy of article.


2/3/2007
Procurement Systems – A Cross Industry Project Management Perspective

A new project management book edited by Prof. Derek Walker and S. Rowlinson, for publication late 2007.  This book is primarily focussed upon how project leaders can make and influence procurement decisions so as to realise a project that truly delivers value to project stakeholders for project and organisational success. Lynda Bourne is a co-author on chapter 3, Stakeholders and the Supply Chain.

[ Preview the book ]


23/1/2007

PM Network Interview - Point Counterpoint

Lynda Bourne was one of the two project management professionals invited by PMI to discuss the state of project management training and how useful it is in equipping professionals for roles in the workplace. 

See PM Network, Jan 2007 pp66 to 71.


19/1/2007

What's in a name?

The first really effective web browser developed by Marc Andreessen in 1993 was called Mosaic = Mosaic became Netscape.


3/1/2007

Mosaic signs up to support two PM conferences:

#1 - World Project Management Week, Singapore: 12th to 16th Nov 2007. See www.wpmweek.com for details or [ download the brochure ].

#2 - PMOZ 2007, Gold Coast: 28th to 31st Aug 2007. See www.pmoz.com.au for details or [ download the brochure ].


3/12/2006

Dr Lynda Bourne appointed Chair of the OPM3 ProductSuite Examination Committee

Dr. Bourne has been appointed Chair of the OPM3 ProductSuite Examination Committee. The committee includes PMI, DNV and independent members and is tasked with maintaining and improving the ProductSuite Assessor and Consultant examinations.


PMI Includes Dr Lynda Bourne in its list of 25 Influential Women in Project Management

The October 2006 edition of PM Network identified 25 women, including Dr Bourne that have influenced the course of the profession and have become recognised leaders.

The recognition noted that Lynda was the first person to receive a Doctor of Project Management and her work assisting in the development of OPM3 and the OPM3 ProductSuite.

[ See CV ]


1/11/2006

Paper Added to Construction Law Section

Balanced Baselines - A Fairer Allocation of Uncertain Risks - Author: Jim Doyle

The use of a Geotechnical Baseline Report (GBR) provides the parties to a contract with a mutual understanding of the subsurface site conditions (the baseline). The actual conditions encountered are measured against this baseline. The reduced risk to the contractor should result in lower tender prices and minimises the opportunity for contract claims and disputes. [View Abstract]


Stakeholder Management Pty Ltd

Stakeholder Management Pty Ltd (SHM) has been created to focus on the marketing of our Stakeholder Circle software tool. The new company will be responsible for the world-wide sale and support of the tool.

Mosaic will retain overall responsibility for training, mentoring and coaching in Stakeholder Management and has signed an agreement with Praxis LS to provide training services in the USA market.

Sales are scheduled to commence via SHM's new web site in October.


1/8/2006

PMI Announces a new Program Management Credential available late 2006

Continuing a 37-year tradition of advancing the careers of project management practitioners, PMI will introduce a new credential for individuals who manage programs later this year. Additional information will be released in July 2006 and the soon-to-be published specification for the new credential.

Email training@mosaicprojects.com.au to be kept up to date on this major new development.


1/8/2006

Staying a PMP Pays $$$$

Project managers who have held the PMP credential for two to four years earn median salaries 15.6% higher than non-credentialed managers with similar experience levels.

Those who have held the PMP credential for five to nine years earn 17.2% more. And those who have held their PMP for more than 10 years earn median salaries 13.3% higher than non-credential holders with similar experience levels.

Source PMI Annual Salary Survey 2006


1/8/2006

See us in Seattle - Stand #1827!

Mosaic will be an exhibitor at the PMI Global Congress in Seattle to launch the commercial version of the Stakeholder Circle.

For a free exhibition pass, email: seattle@mosaicprojects.com.au



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