The Future of Project Management in Egypt

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Construction Contract Development,
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Challenges and Dispute Resolution
THE FUTURE OF PROJECT
MANAGEMENT IN EGYPT
CAIRO, EGYPT
OCTOBER 22, 2014
EGYPT’s FACTS
 Total
Population 85 783 000
(CAPMAS 2014)
 Massive
need for
infrastructure projects:
expensive- urgent- All over
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CAPMAS 2014
EGYPT’s FORCAST

the situation in Egypt continues to be difficult as most of
the middle eastern countries.

Egypt needs to achieve more political stability.

Egypt achieved some economic stability, and took some
financial reform measures which is considered an
important issue by the IMF to restore confidence in the
economy.

Egypt adopted some hard measures which was
supposed to be taken many years ago to create
favorable economic conditions in the future
-------Thomas Helbling –
The Chief of the world economics study
division in
the International monetary
fund (IMF)- October 201
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EGYPT’s FORCAST
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
Egypt's economy is set to grow 3.3 percent this fiscal year.

Egypt has received more than $12 billion in aid from Gulf states

The aid has kept the economy afloat but the government is also
introducing reforms as it tries to encourage growth while
curtailing its budget deficit.

In July, Egypt slashed energy subsidies that have long weighed
on state finances, resulting in price rises but sending a signal that
it was willing to push ahead with reforms.

The consensus of 11 economists polled by Reuters in the past
two weeks was for economic growth of 3.3 percent in the
current fiscal year ending June 2015 - above the 3.2 percent
forecast in a poll published in May.
2014
REUTERS- October
EGYPT’s FORCAST

The International Monetary Fund will participate in
Egypt's economic summit in February (the fund's
managing director Christine Lagarde).

Egypt's economic summit is scheduled for 21 February
and will encourage international companies and
organisations to invest in the country and contribute to
its development.
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NEED
FORCAST
•PROJECTS
•PLANNING
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PROJECTS+
PLANNING=
PROJECT
MANAGEMENT
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Ten Benefits of
Good Project
Management

Better efficiency in delivering services
Efficient management can provide a roadmap that can
be easily followed and may lead to project completion.
Once you know where to avoid pot holes and bumps, it’s
certain that you’ll work smarter and not harder resulting
in greater productivity that will last for a very long time.

Improved customer satisfaction-
Whenever you complete any project on time and within
budget, the customer will walk away satisfied and
happy. So happy customer is one that you’ll see again
and again, and he will also recommend your business to
hundreds of other people. Greater awareness about your
business means greater sales and profits. Smart
management of project is done using tools that enable
client/manager relationship to flourish.
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
Enhanced efficacy in delivering services-
The strategies you used to complete one project will
serve you for many future projects.

Improved development and growth within your team
Positive results from your project will inspire your team and
it will continue to look for ways to perform in a more
efficient way.

Greater competitive edge and standing-
The benefits of efficient management of any projects are
visible not only within the workplace, but outside as well.
With superior performance, you will enhance your
position in the market and will get more business
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
Chance to expand your services-
It’s a byproduct of great standing. Good performance leads
to even more opportunities to succeed.

Better flexibility-
The biggest benefit of efficient management is ultimate
flexibility. It allows you to firmly map out your strategies on
how you want your project to get completed. But, the
biggest benefit of this organisation is that when you discover
any smarter direction, you can immediately take it. For all
types of companies, this alone is worth the cost of
admission.

Increase in quality-
With enhanced effectiveness, there is will considerable
increase in quality.
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
Increased risk assessment-
When all project players are lined up and your strategy is
in place, then all potential risks will jump out and may
slap your in your face. Efficient management of projects
helps you in assessing the risks and warns you in time,
even before you start working on any project.

Increased productivity-
Increase in quality and better management will
automatically lead to greater productivity.
Future leaders will need to
change the way they manage
teams.
 their
No one can
predict the future-including project managers.
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Circumstances change, new factors intercede and unforeseen
challenges creep up. But we must recognize trends and changing
paradigms in order to prepare for the future.

Failing to consider the future will only leave the profession at a
disadvantage. "If you're not prepared, then you cannot interact," .

Project managers are faced with a very dynamic environment
characterized with serious changes
So what are these changes ?? ………………….
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1. Increased Project Complexity and Team Dynamics
• The composition of project teams, as we traditionally think of them has shifted.
• What used to be defined as the working group that executed the project has expanded to
include stakeholders, partners and managers.
• Grappling with these changes requires more social and professional networking.
• Project Managers of the future must understand the dynamics of people and organizations
at all levels, including the cognitive structures that create change and influence decisionmaking.
A Project Manager must be prepared to serve as cheerleader,
provider and facilitator.
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2. Ever-Changing and Expanding Technology
• The IT field will continue to have strong influence over how projects and teams are
organized.
• A central IT support system with specialized knowledge will keep organizations on top of the
latest technology, enabling project managers to use resources to the fullest advantage.
Project Managers must know what is out there and use it
to their advantage
3. The Need for Strategic Alignment
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• Too many times, project managers are not connected with enterprise strategy.
• But that connection is necessary if they want project management methodology-and their
teams-to be viewed as critical components of the organization's business objectives.
•
Project leaders must connect and get involved with their senior management to create a
strategic alliance.
Project managers to attend strategic planning sessions, get acquainted with the organization's
specific long-range goals and understand those goals are implemented at the project level.
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4- The Need for Professional Development
It is important to promote education programs and encourage certifications-which will
ultimately result in more integrity and respect for the field.
FUTURE PROGRAMS AND
PROJECTS

MULTI-DISCIPLINES

MULTI- NATIONAL

COST AND TIME ORIENTED
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THANK YOU
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