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 requests

Source: 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 training

Source: 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 Standards

Projects 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 Standards

Portfolio Management Standard 9. Portfolio Management

Program Management Standard 10. Program Management

Organization PM Maturity Model 11. OPM3

People 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 Benefits

A Certification with Global Recognition CAPM 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

• Secondary Diploma + 5 Years Experience in Projects+ 7500 Hours + 35 PDU

Or

• 4 years degree + 3 Years Experience in Projects+ 4500 Hours + 35 PDU

PMP Prerequisite

Seven steps in the Journey towards PMP®

Become a PMI member. Cost 129 US $.

Time span : On line or One week

Mandatory training/PM education for

35 hours of credits (chapter,university,institute or REP)

Prepare for Exam

1

2

Submit Fees (Cost : US$ 405)

get eligibility letter schedule Exam

Execute,Succeed & Celebrate

Time : 4 Hours

PMP

3

5

6

Receipt of PMP examination eligibility

notice from PMI ( (Time : 5 Days)) 4

7

R

E

F

E

R

E

N

C

E

B

O

O

K

S

Submit PMP examination Application.

(You get 90 days to complete application)

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 PDU

1. PMI's Knowledge Shelf 2. PMI® Publication Quizzes 3. Volunteer Service 4. Registered Education Provider (R.E.P.) Courses 5. PMI® Global Congresses 6. PMI Community Offerings 7. SeminarsWorld® 8. eSeminarsWorldSM

9. Web-based Self-Study 10. Professional Activities (10-30 PDU) 11. Self-Directed Learning 12. Educational Programs by Outside Providers http://www.pmi.org/Certification/Twelve-Ways-to-Earn-PDUs.aspx

CAMP Journey

• A secondary diploma (high school or the global equivalent) AND

• At least 1,500 hours experience OR 23 hours of project management education.

CAPM Prerequisite

Seven steps in the Journey towards CAMP®

Become a PMI member. Cost 40 US $.

Time span : On line or One week

1500 Hours experience OR PM training for

23 hours of credits (chapter, university, institute or REP)

Prepare for Exam

1

2

Submit Fees (Cost : US$ 225)

get eligibility letter to schedule Exam

Execute, Succeed & Celebrate

Time : 3 Hours

CAMP

3

5

6

Receipt of CAPM examination eligibility

notice from PMI ( (Time : 5 days)) 4

7

Submit CAMP examination Application.

(You have 90 days to complete application)

R

E

F

E

R

E

N

C

E

B

O

O

K

S

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 Project Management Trainings

• Some facts from the survey results published in PMI-KPMG research magazine.

• Survey was done by Centre for Business Practices

Profile of Participants

0%

5%

10%

15%

20%

Manufacturing IT Professional scientific and

technical services

19%

15% 13%

Industry Representation

0%

10%

20%

30%

40%

50%

Project/Program Manager

Project/Program Director

PMO Managers

47%

17% 15%

Participant’s Profile

0%

10%

20%

30%

40%

50%

$ 1b > $50 m < $1b < $ 50m

45%

19%

36%

Annual Sales of Companies

Moderate to extreme improvement due to PM Training Initiatives

96%

81%

91%

46%

75%

67%

62%

63%

66%

78%

69%

0% 20% 40% 60% 80% 100% 120%

Satisfaction with PM Training

Participant's knowledge or skills improvement

Participant's on-the-job performance

Cost performance improvement

Schedule performance improvement

Requirement performance improvement

Improvement in Quality

Improvement in Productivity

Improvement in Cycle time

Improvement in employee satisfaction

Improvement in Customer satisfaction

Mode of Training & Selection

0%

5%

10%

15%

20%

25%

30%

35%

40%

On-site class room

Off-site class room

E-learning (instructor-led

and self-directed)

40%

22%

27%

Training Delivery Method

0%

10%

20%

30%

40%

50%

60%

Private training or consulting companies

In house trainers

Independent training

instructors

57%

43% 34%

Source of PM Training

0 1 2 3 4 5 6

Criteria for Selecting Training Source

• 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.com Project Management Maturity Assessment Portal

Hari P Thapliyal, PMP, MCITP, MBA, MCA, PGDFM

PMO Architect & Project Management Trainer

Reach Me:

hari.prasad@pm-learn.com, hari.prasad@fdsc.net

Skype: hari.thapliyal, YM: hari_thapliyal, Twitter: harithapliyal

Profile: http://in.linkedin.com/in/harithapliyal

Blog: http://pm-bestpractices.blogspot.com/

Website: www.pm-learn.com, https://sites.google.com/site/lifeisprojectplus