Seminar in Can Tho Vietnam 22 June 2009 part 2

In the seminar, I explained how to build project management competency in an organization. I pointed out important fact that the success of project management will affect the stock price of a company. In this open information era, the market knows very well the performance of a project whether it is delayed or cost overrun. If a project is profitable, the stock price of the company will be appreciated by the market. For example, during january to may 2009, Bangchak Oil Refinery was in the commissioning of the new plants. Due to the success of the projects, the stock price of bangchak went up very high. You can see the comparison between Bangchak stock price (Left Chart) and SET index (Right Chart). Bangchak stock price has rallied up higher than SET index.

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Hadikusumo