Value of Project Managment Training

1. Value of Project Management Trainings
Presented by
Hari Prasad Thapliyal
Agilest & Project Management Trainer, Coach & Consultant
(MBA, MCA, PGDOM, PGDFM, CIC, PMP, PMI-ACP, CSM, SCPO, SDC
PRINCE2-Trainer, Scrum Certified Trainer, Microsoft Certified Trainer, ZED Master Trainer)

2. 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

3. 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

4. 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

5. 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

6. PMI® & PMP®
An Overview

7. PMI® - Overview
• Largest Not-for-Profit Organization for Project Management Professionals
• PMI has 12 standards for project, program and portfolio management and they are most
widely recognized standards in the profession
• Credentials, Research, Standards, Promotion of Project Management Profession
• PMI offers 5 global certifications
• More than 250 chapters, and 30 industry or interest-based communities of practice
• Truly global membership with representation in 190+ countries
• PMI has 1400 REPs across the global

8. PMI® - Overview…
• PMI Offices is in Newtown Square, Pennsylvania in the USA.
• Founded in 1969 by working project managers
• 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.
• More than half million members and credential holders worldwide

9. PMI® – Membership Benefits
• Member’s only services and discounts on many of PMI’s valuable products
• Free Copy of the latest edition of the PMBOK® Guide CD ROM
• Subscriptions to PM Network®, Project Management Journal® and PMI Today™
• Join PMI’s Chapters, Specific Interest Groups (SIGs) and Colleges
• Access the Members Area of the Web site
• Access the PMI Member Community online
http://www.pmi.org/Membership/Pages/Types-of-Memberships.aspx

10. 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 organization worldwide
 High Demand due to short supply of Certified Project Managers
 Increase in compensation within the organization

11. Project Management Standards
Projects
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

12. Project Management Standards
Portfolio
9. Portfolio Management
Program
10. Program Management
Organization
11. OPM3
People
12. Project Manager Competency Development Framework Profession

13. PMP Journey

14. 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

15. Seven steps in the Journey towards PMP®
Become a PMI member. Cost 129 US $.
Time span : On line or One week
Mandatory training/PM education for
35 hours of credits (chapter,university,institute or REP)
Prepare for Exam
Receipt of PMP examination eligibility
notice from PMI ( (Time : 5 Days))
7
R
E
F
E
R
E
N
C
E
B
O
O
K
S
Submit PMP examination Application.
(You get 90 days to complete application)
Submit Fees (Cost : US$ 405)
get eligibility letter schedule Exam
Execute,Succeed & Celebrate
Time : 4 Hours
7
6
5
4
3
2
1
PMP

16. 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

17. 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

18. 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

19. CAMP Journey

20. 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.

21. Seven steps in the Journey towards PMP®
Become a PMI member. Cost 40 US $.
Time span : On line or One week
1500 Hours experience OR PM training for
23 hours of credits (chapter, university, institute or REP)
Prepare for Exam
Receipt of CAMP examination eligibility
notice from PMI ( (Time : 5 Days))
7
R
E
F
E
R
E
N
C
E
B
O
O
K
S
Submit CAMP examination Application.
(You get 90 days to complete application)
Submit Fees (Cost : US$ 225)
get eligibility letter schedule Exam
Execute, Succeed & Celebrate
Time : 3 Hours
7
6
5
4
3
2
1
CAMP

22. 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

23. Post Successful CAPM Certification
• CAPM certificate is valid only for 5 years
• Re-exam (CAPM or PMP) is required for recertification

24. Benefits of Project Management
Trainings

25. • Some facts from the survey results published in PMI-KPMG
research magazine.
• Survey was done by Centre for Business Practices

26. Profile of Participants
0%
2%
4%
6%
8%
10%
12%
14%
16%
18%
20%
Manufacturing IT Professional scientific
and technical services
19%
15%
13%
Industry Representation
0%
5%
10%
15%
20%
25%
30%
35%
40%
45%
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

27. 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

28. 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

29. hari.prasad@vedavit-ps.com
+91 9535999336
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