This document discusses the need for students to learn project management skills. It notes that graduates will take on more responsible roles requiring them to manage complex projects. However, many IT projects currently fail or run over budget due to a lack of project management expertise. There is a large shortage of project managers that is expected to grow further. Learning project management skills can help graduates be more successful and marketable for high-paying career opportunities in growing fields like IT, BPO, and KPO that increasingly rely on project management.

1. Why Students Need a Project Management Course

2. Once it was enough to give the computer program graduates the required technical skills.

3. For graduates to be successful in the 21st Century, it is essential to give them the knowledge and skills they need to face the challengesof the century.

4. But the successful graduate can expect to serve in more and more responsible positions as they progress in their careers.

5. Many of the responsible positions will involve projects and, with time, our graduates may well be involved in more and more complicated projects, possibly becoming a project manager.

6. Infosys TechnologiesGoogle IndiaTata Consultancy ServicesIBMMicrosoft India WiproState Bank of India Bharti Airtel HP India HDFC BankTOP TEN COMPANIES IN INDIA

7. 62 % of organizations experienced IT projects that failed to meet their schedules49% budget overruns47% higher-than-expected maintenance costs41% failed to deliver expected business value and ROI25%+ of all software and services projects are canceled before completionup to 80 percent of budgets are consumed fixing self-inflicted problemsTwo Reasons Why IT Projects Fail Reports:

8. Oxford University Regarding IT Project Success(Source: Saur & Cuthbert son, 2003)Successful: 16%Challenged: 74%Abandoned: 10%Tata Consultancy 200762% of organizations experienced IT projects that failed to meet their schedules

9. 49% suffered from budget overruns

10. 47% had higher-than-expected maintenance costs

11. 41% failed to deliver the expected business value and ROI

12. 33% file to perform against expectationsSoftware Project Failure Costs Billions..Source: Standish Chaos Reports

13. Source: Standish Chaos Reports

14. 200K1998300K2001500K2002??2011More & more IT projects are starting each year

15. WE ARE IN NEED OF APPROX 5,00,000 PROJECT MANAGERS IN NEXT 5 YEARSINDIA HAS 450 PM COMPARED TO CHINA’S 6000 PM(Infrastructure sector)Conservative estimatePrivate sector needs 10,000 PM in next 2 yearsPublic sector needs 15,000 PM in next 2 yearsBIG PROBLEM

16. Project Management Exciting career opportunitiesToday, PM is a Profession….Has international associations (US,UK,AUS…)More than 75% IT executives admitted that lack of project management skills was a major issue for them-Meta Group.BPO & KPO Sectors From current head count of 7,00,000 to go up to 10,00,000 by 2012(PM Head count could be 5% of employees based on current data)IT SectorEmploys 1.3 million which is expected to increase by 3,00,000 every year for next 3 years and to grow @ 25% annually(PM Head count will be 10% of employees i.e1,00,000 employees

17. To that end, we would be remiss not to consider Project Management as a part of our computer curriculum.

18. PROJECT PLANNING AND MANAGEMENTFORI.T

19. PMI and the PMBOKwww.pmi.orgPMI is the world’s leading not-for-profit membership association for the project management profession, with more than half a million members and credential holders in 185 countries

20. There are alternatives to PMINumbers from Craig Brown (Sept 2007)

21. An R.E.P. is an organization approved by PMI to issue professional development units (PDUs) for its training courses.

23. SO WHATS THE POINT ?IT/Management Graduate need professional project management knowledge

24. WHY SHOULD YOU DO ITMarketabilityAs PM skills are in great demand as it indispensable for business resultsApplicabilityAcross industries and functions

26. Source: www.suth.com/information technology

29. PM LEVEL 1(2-4years)- Rs 9.8 lacPM LEVEL 2(4-12 years)-12.0 lacPM LEVEL 3( 8+Years) -14.85 lacSource: PMI Salary survey, India 2007EARN A GOOD SALARY

31. Project Team memberProject Team leadProject support -Coordinator -Analyst -Planner and Scheduler -Project controlProject manager