In the year 2019, a group of enthusiastic specialists came together to put the spot on an aspect of project management that is so far mostly ignored:
They observed the trend from cross-functional to cross-corporate projects, which increases agility of organizations, but also brings new challenges to project managers and their stakeholders: To make these projects successful, all have to go through a cooperative transformation.
They found that in addition to knowledge about project management, a deep and solid understanding is needed of commercial and legal questions. The task is to turn contract parties into project partners and ensure success of the project's mission.
We talked with corporations and individuals engaged in project business as customers and contractors. They reported a gap in education. They further complained about insufficient transfer of experience from seasoned professionals to young starters, leading to a "trial and error" approach. However, in project business,
Trial is Expensive. Error even more.
To close this gap, the Project Business Foundation was founded in December 2019 as an independent professional association under Swiss Law. The Project Business Foundation is a not-for-profit association and open for all individuals and organizations, who want to address challenges in project business and identify new opportunities both as practitioners and experts.
Listening to people involved in project business, we often heard statements such as:
We decided to put the initial focus of our work on qualifying experts, such as:
Insufficient business education, in-fighting between parties, and lack of mutual empathy put a strain on projects and also on organizations and individuals involved. Many need help to get back on track to ensure mission success.
The Project Business Foundation makes this help available. Join!
Project business is high risk business for all organizations involved, and the need to professionally address these risks and offer solutions is the driving force underlying the Project Business Foundation and its volunteers and members.
As a 2019 startup, the Project Business Foundation is free from restraining legacies and organizes itself for maximum positive effect for its stakeholders.
The Project Business Foundation is open for cooperation with associations, corporations, agencies, and other organizations that have overlapping areas of interest and embrace collaborative strategies to the benefit of their stakeholders.
The Project Business Foundation is an independent professional and industry association under Swiss Law (Zivilgesetzbuch, Art. 60-79)