Blog

I hope that you have enjoyed a great summer.

Apart from a short break, walking in the Yorkshire Dales in the UK, mine has been rather busy!

PMIstandards+

In my last PMI Belgium Chapter newsletter article (3 months ago), I mentioned that I was working with the PMIstandards+ team to prepare some articles relating to the technique of "Discounted Cash Flow" being re-applied as "Discounted Carbon Flow".

I'm delighted to share that there are now 6 articles published online as follows:

1: The Power of Discounted Cash Flow Analysis

2: Applying Discounted Cash Flow Analysis in the Sewers of Paris

3: Extending Discounted Cash Flow Analysis to Discounted Carbon Flow

4: How Discounted Carbon Flow Analysis Could Help Us Meet the Paris Agreement Targets

5: Upskilling Project Professionals to Apply Discounted Carbon Flow Analysis

6: Discounted Carbon Flow: A Worked Example for Selecting Renewable Energy Solutions

 

The articles include links to downloadable spreadsheet examples to illustrate each of the concepts presented.

If you are a PMI member, you can access these using your PMI login, and if not, you can use this link for a free 30-day membership.

ProjectManagement.com

To bring the above articles "to life", I wanted to explain the concepts in a live session, so have set up the opportunity to present a PMI Global webinar on ProjectManagement.com. 

 

Save the date - it would be great to get your support!

I will start by explaining the power of Discounted Cash Flow, and it's associated financial metrics: Net Present Value (NPV) and Internal Rate of Return (IRR).

I'll go on to explain how we can adapt these metrics (which have been used by industry since the early days of the coal industry) to the positive task of tackling the Climate Crisis.

I believe that “Discounted Carbon Flow” analysis could be a key to us achieving the targets of the Paris Agreement, and I will explain how.

If you are a PMI member, you can sign up via the following link.

Climate Fresk

Our PMI European Climate Fresk initiative has progressed throughout the summer months with the cumulative situation (as of 5 Sept) being:

• 19 Climate Fresk workshops held
• 100 PMI attendees (+ 12 non-PMI attendees)
• 21 PMI chapters represented
• 11 PMI Climate Fresk facilitators trained

Our next workshop will be held on 12 September, if you're interested to participate, please let me know:

PM4THEWORLD

We will be running multiple, parallel Climate Fresk workshop sessions as part of the PM4THEWORLD event.

If you're interested, you can register via the following link.

In conclusion

The Climate Crisis continues to bring impact to many of us, and on a global scale.

Personally, I find the best way to face the concerns this brings, is through action.

 

Your feedback always welcome, so please contact me via stuart.thorp@pmi-belgium.be.

Have a great autumn!

 

-------> previous article for context:

Title: A year in which each month has been the hottest on record

Author: Stuart Thorp