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Five years ago, COWI and Mannaz launched a so-called Project Management Academy. This was done in order to professionalise the more than 13,000 projects that COWI participates in worldwide. It is the result of this project that is now granted the most prestigious award for managerial competence development, the so-called ‘Excellence in Practice Gold Award’ (EiP).
The mindset behind has already led to noticeable bottom line improvements in COWI, where customer satisfaction has also increased significantly just as the number of complaints has been remarkably reduced.
Lars-Peter Søbye, CEO of COWI, says: "For us The Project Management Academy has been a true game changer, and without it, we would never have achieved the success we are seeing today. The education and training project managers receive at the Academy help them react faster when projects are challenged. At the same time we have improved dramatically on the quality we deliver – leading to a remarkable increase in customer satisfaction. These have been important contributing factors to our ability to deliver, for the second consecutive year, the best financial result in our 85-year history."
Dorthe Thyrri Rasmussen, Client Director at the Danish leadership development company Mannaz, says: "We see this recognition as an international seal of approval for our learning methods. For many years, we have been able to document the effect of our methods with regard to learning. The interesting thing – well, almost revolutionary – is that we are now able to document that the learning methods have a real and measurable impact on the bottom line. In other words, learning is good business."
COWI's Project Management Academy is now in its fourth year and more than 450 project manageres have successfully participated.
The award is granted by the European Foundation for Management Development (EFMD), which represents more than 25,000 management specialists from over 80 countries.
The organisation is also a globally renowned accrediting body, which among other things assesses the quality of management education and technology supported learning programmes.
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