Value of Project Management Trainings
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Value of Project Management Trainings

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Value of Project Managment Training

Value of Project Managment Training

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Value of Project Management Trainings Value of Project Management Trainings Presentation Transcript

  • Value of Project Management Trainings
  • Thought Provoking….• Ever wondered how the swank IT parks in your city are set up so quickly? Or how new airport get constructed? Or how bridges and tunnels are built across the ocean?• Success of such ventures depends on effective project management• Project management is not just planning but also anticipating problems and still managing to complete the project within the time and budget• Key differentiator in getting projects are ability to deliver quality, meet deadlines, effectively manage resources and meet last minute change requestsSource: http://www.articlesbase.com Jul’2009
  • Thought Provoking….• Billions being invested in large projects. Value of India Infrastructure By 2017 is $1000 Billion• Expected shortage of 6 million skilled project professionals by 2013• 20 million people participating in projects worldwide, just 1% have professionally recognized formal project management trainingSource: Indicus Report, Feb’2010
  • Some facts…• One fifth of the world’s GDP (US$ 12tn) is being spent on projects• PM is only profession where the income levels continued to rise despite the recession• Project Management professionals are in demand across various industry segments including IT/ITES, Constriction, Infrastructure, Engineering, Finance, Manufacturing, Health Care & Service Industry• IT industry, Civil construction works almost entirely on project basis• Industry leaders like Infosys, TCS, HSBC, ABB, Hewlett Packard, GE, Siemens, Ericsson, HCL Technologies, KPMG, Alcatel-Lucent, Johnson & Johnson, Sun Microsystems, L&T just to name few- have recognized the importance of project management in their organization.• Companies like L&T has their on in-house Project Management Academy and still takes project management training from industry experts.Source: http://www.articlesbase.com Jul’2009
  • Need of hour….• An educational program required for practitioners & starters• Research in project management field• Develop standards• Develop and credential• Authenticate the skill level of professional project manager• Role of PMI
  • PMI ® & PMP ® An Overview
  • PMI® - Overview Largest, not-for-profit global professional association for project management practitioners. More than half million members and credential holders worldwide Founded in 1969 PMI offers 5 global certifications PMI has 12 standards for project, program and portfolio management and they are most widely recognized standards in the profession More than 250 chapters, and 30 industry or interest-based communities of practice Truly global membership with representation in 193+ countries PMI has 1500 REPs across the global PMI Offices is in Newtown Square, Pennsylvania in the USA. Governed by a Board of Directors; elected “volunteer” members Chapters act as “franchises”, providing education and networking Opportunities Specific Interest Groups (SIGs), for similar industries or similar interests.
  • Project Management StandardsProjects Management Standards 1. PMBOK 4th Edition, 2008 2. Schedule Management 3. Risk Management 4. Configuration Management 5. Practice Standard for Work Break Down Structure 6. Practice Standard for Earn Value Management 7. Construction Extension 8. Government Extensions
  • Project Management StandardsPortfolio Management Standard 9. Portfolio ManagementProgram Management Standard 10. Program ManagementOrganization PM Maturity Model 11. OPM3People 12. Project Manager Competency Development Framework Profession
  • Why PMI Certifications?• You show your commitment to profession to your clients, supervisors, peers• Unbiased endorsement of your project management knowledge and professional experience on a global level• Reflect achievements• Can lead to greater earning• Can lead to career opportunities and advancement• Prepare you for greater job responsibilities• Improve skills and knowledge• Build self confidence• Greater recognition from peers• Promotes practitioners and supports ongoing professional development
  • Range of PMI Certifications• CAPM- Certified associated project manager• PMP- Project Management Professional• PgMP- Program Manager• RMP- Risk Management Professional• SMP- Schedule Management Professional
  • CAPM ® – Certification BenefitsA Certification with Global RecognitionCAPM will equip with – Skills to initiate a project – Project preparation and planning proficiency – Executing, monitoring, controlling and completing a project – Estimating activity costs – Planning for quality at every stage – Performing quality assurance – Hiring, leading and managing a project team – Foreseeing and planning for the unexpected – Completing projects within estimated time and cost
  • PMP ® – Certification Benefits Provides professional and personal recognition Expedites professional advancement Creates job growth and opportunities within an organization Provides a framework for standardized project management requirements Increases an employee’s value to the organization A major benefit that organizations - a truly global certification. PMI Certified Project Managers are a preferred lot by any customer worldwide High Demand due to short supply of Certified Project Managers High productivity and hence increase in compensation within the organization
  • PMP Journey
  • PMP Prerequisite• Secondary Diploma + 5 Years Experience in Projects+ 7500 Hours + 35 PDU Or• 4 years degree + 3 Years Experience in Projects+ 4500 Hours + 35 PDU
  • Seven steps in the Journey towards PMP® PMP 7 Execute,Succeed & Celebrate 6 Time : 4 Hours R Submit Fees (Cost : US$ 405) 5 get eligibility letter schedule Exam E F E Receipt of PMP examination eligibility R 4 notice from PMI ( (Time : 5 Days)) E N Submit PMP examination Application. C 3 (You get 90 days to complete application) E Prepare for Exam B 2 O O Mandatory training/PM education for K 1 35 hours of credits (chapter,university,institute or REP) S Become a PMI member. Cost 129 US $. Time span : On line or One week
  • PMP Costs of Certification• Registration fees for 35 Contact Hours program through a R.E.P• PMI Membership Fees for General Candidates: $129• PMP Examination Fees – Non-Members USD $555 – PMI Members USD $405• Re-Examination Fees – Non-Members USD $375 – PMI Members USD $275
  • Post Successful PMP Certification• Certificate is valid for 3 years• Within three years individual need to earn 60 PDU• Go to www.pmi.org for registering 60 PDU & paying 60$ (current fee)• Your certificate will be renewed for next three years
  • 12 Ways of earning PDU1. PMIs Knowledge Shelf2. PMI® Publication Quizzes3. Volunteer Service4. Registered Education Provider (R.E.P.) Courses5. PMI® Global Congresses6. PMI Community Offerings7. SeminarsWorld®8. eSeminarsWorldSM9. Web-based Self-Study10. Professional Activities (10-30 PDU)11. Self-Directed Learning12. Educational Programs by Outside Providershttp://www.pmi.org/Certification/Twelve-Ways-to-Earn-PDUs.aspx
  • CAMP Journey
  • CAPM Prerequisite• A secondary diploma (high school or the global equivalent) AND• At least 1,500 hours experience OR 23 hours of project management education.
  • Seven steps in the Journey towards CAMP® CAMP 7 Execute, Succeed & Celebrate Time : 3 Hours 6 Submit Fees (Cost : US$ 225) R 5 get eligibility letter to schedule Exam E F E Receipt of CAPM examination eligibility R 4 notice from PMI ( (Time : 5 days)) E N Submit CAMP examination Application. C 3 (You have 90 days to complete application) E Prepare for Exam B 2 O O 1500 Hours experience OR PM training for K 1 23 hours of credits (chapter, university, institute or REP) S Become a PMI member. Cost 40 US $. Time span : On line or One week
  • CAPM Costs of Certification• Registration fees for 23 Contact Hours program through a R.E.P• PMI Membership Fees for Students : $40 / Year• CAMP Examination Fees – Non-Members USD $300 – PMI Members USD $225
  • Post Successful CAPM Certification• CAPM certificate is valid only for 5 years• Re-exam (CAPM or PMP) is required for recertification
  • Microsoft Project Office• MSP (Microsoft Project Office) is widely used project management tool by the project managers worldwide• For big and complex size of projects where huge money/ reputation is at stake, where team size is big and/or virtual, too many resources need to be optimized EPM (Enterprise Project Management) servers are used• Microsoft has one certification around these 2 products. MCITP- using enterprise project server 2007• To get the MCITP certificate a candidate need to pass three exams Pre-requisite MCTS – Exam 70-632 TS: Microsoft Office Project 2007, Managing Projects – Exam 70-633 TS: Microsoft Office Project Server 2007, Managing Projects Professional Series – Exam 70-634 PRO: Microsoft Office Project Server 2007, Managing Projects and Programs
  • Benefits of MCITP• Students who are looking project management as their career this certification along with CAPM certification is best combination to search the job in market• With these two certification they create the sharp edge over other simple MBA graduates• More jobs for your students creates better brand value for you and better business opportunities for you
  • Benefits of ProjectManagement Trainings
  • • Some facts from the survey results published in PMI-KPMG research magazine.• Survey was done by Centre for Business Practices
  • Profile of Participants Participant’s Profile Industry Representation50% 19%40% 20% 15% 13%30% 15% 47%20% 10%10% 17% 15% 5%0% 0% Project/Program Project/Program PMO Managers Manufacturing IT Professional Manager Director scientific and technical services Annual Sales of Companies 45% 50% 36% 40% 30% 19% 20% 10% 0% $ 1b > $50 m < $1b < $ 50m
  • Moderate to extreme improvement due to PM Training Initiatives Improvement in Customer satisfaction 69% Improvement in employee satisfaction 78% Improvement in Cycle time 66% Improvement in Productivity 63% Improvement in Quality 62% Requirement performance improvement 67% Schedule performance improvement 75% Cost performance improvement 46% Participants on-the-job performance 91% Participants knowledge or skills improvement 81% Satisfaction with PM Training 96% 0% 20% 40% 60% 80% 100% 120%
  • Mode of Training & Selection Training Delivery Method Source of PM Training 40% 57%40% 60%35% 43% 27% 50%30% 34% 22% 40%25% 30%20% 20%15% 10%10% 0% 5% Private training In house Independent 0% or consulting trainers training On-site class Off-site class E-learning companies instructors room room (instructor-led and self- directed) Criteria for Selecting Training Source 6 5 4 3 2 1 0
  • • Proposed Trainings for students – 3 Days Project CAPM Training – 2 Days MSP Training• Outcome – We give two certificate to the students – These two trainings prepare students for the two exam – Students can book their exam with PMI and Microsoft respectable and earn the globally recognized certification for their better career growth
  • Financial• We wish to work in the best possible interest of the student and organization therefore wish to keep the fees minimum possible• Final fees depends how many students are ready to join the class and ready to choose project management as their career.
  • PM-Learn Services• Trainings & Workshops – Project Management Capsule Trainings – PMP Trainings – CAPM Training – MSP 2007/ 2010 Trainings – Earn Value Management Training – Function Point Estimation – Project Risk Management – Project Schedule Management – MS Office Productivity Tools• Assessment – Project Management Maturity Assessment of Project Managers• Consulting – PMO Consulting – EPM 2007/2010 Implementation – CMMI Consulting & Assessment
  • www.pm-Learn.comProject Management Maturity Assessment PortalHari P Thapliyal,PMP, MCITP, MBA, MCA, PGDFMPMO Architect & Project Management TrainerReach Me: hari.prasad@pm-learn.com, hari.prasad@fdsc.net Skype: hari.thapliyal, YM: hari_thapliyal, Twitter: harithapliyalProfile: http://in.linkedin.com/in/harithapliyalBlog: http://pm-bestpractices.blogspot.com/Website: www.pm-learn.com, https://sites.google.com/site/lifeisprojectplus