PM Connect: Project Management Press Releases
PM CONNECT provides up to date press releases on what is happening in the world of project management.
Friday, April 04, 2008
Project Management Institute to Support the Growth of the Project Management Profession in India
Applauds Dr E Sreedharan as a champion of project management in India
NEWTOWN SQUARE, PA - January 17, 2008 -- Project Management Institute, Inc (PMI), the world’s leading advocacy association for the project management profession, announced the inauguration of its India office to be located in Mumbai to support the growth of the project management profession in India. PMI establishes project management as a critical discipline that ensures projects of all kinds can completed on time and within budget and align with the stated strategic objectives of the project.
PMI also applauded and recognized the contribution of Dr E Sreedharan, Managing Director of Delhi Metro Rail Corporation to the project management profession because of his outstanding work on the Konkan Railway, Delhi Metro and other key infrastructure projects in India.
According to a recent government report (Quarterly Report by the Ministry of Statistics and Programme Implementation, Government of India), of a total of 866 government projects currently on the anvil, 297 are running behind schedule and more than Rs 24,000 crore (US$ 6 billion) will be spent additionally because of the delay – in some cases of over 16 years.
PMI in India will foster the advancement of standardized, professional project management principles through the advancement of its leadership development and certification programmes. The Office will also enable PMI to foster and build on its service and delivery capability, generate awareness of and demand for the exacting requirements of project management principles and support business and governments in India to better apply and understand global knowledge, skills, tools and techniques to ensure projects in India are completed on time and within cost. PMI has also appointed a Managing Director for the India Office, Mr. Raj Kalady who will be responsible for advancing project management principles across multiple industries.
PMI is the leading global standard-setting organization and advocate for the project management profession and comprises of a truly global community of project management practitioners that represent every major industry including aerospace and defense, automotive, business management, construction, engineering, IT, infrastructure, financial services, pharmaceuticals and telecommunications.
Commenting on the inauguration, Gregory Balestrero, Chief Executive Officer, PMI who was in India for the inauguration said, “Trained and credentialed project managers can help India unlock its obvious potential as they bring projects in on time and within budget and make project management indispensable for predictable and positive business results that create value for an organization and its stakeholders.
Mature project management practices close the gap between strategy and results. As India globalizes and is on an ambitious growth trajectory, with rapid developments taking place in both the private and public sector, India needs project management professionals who know how to compress schedules to meet the urgent needs of a developing economy. A key to this is utilizing standardized professional project management practices to build capacity and capabilities to achieve breakthrough results.”
“India has the third largest PMI membership – after the United States and Canada - with seven chapters and over 11,000 PMI members. Most of these are in the IT sector. Our endeavor is to spread the word that project management can be applied to any and every sector and discipline – whether it is a power project or a social initiative. PMI will continue to work to highlight sound project management principles in the Indian scenario – projects successfully implemented by companies like L&T, Reliance, Vedanta and NTPC – while working to understand the unique challenges of the profession in India. Our objective is to facilitate the growth of project management practitioners in India as well as growth of the profession itself.”
“We are delighted to honour and applaud Dr E Sreedharan, who we believe epitomizes the values of project management. Dr Sreedharan has symbolized and demonstrated leadership and initiative while advancing project management concepts, techniques and practices effectively in the various projects he has worked on in India. We believe Dr Sreedharan is symbolic of the profession and the principles of project management that PMI hopes to promote in India.”
Also in attendance from Amman, Jordan, was Philip Diab, Chairman of the Board of Directors for PMI who said, “Now more than ever, we believe PMI must have a fully operational office in India given the huge infrastructure investment being made in India. We must connect with organizations in both the public and private sectors and work with them to adopt superior project management practices and utilize the experience, expertise and talent of professional project managers.”
Raj Kalady, PMI’s Managing Director in India said, “This is an important milestone for project management in India. Further recognition and adoption of PMI’s globally created and recognized credentials and standards for the Indian market can lead to a huge saving of costs and resources adding value to the organizations and benefitting the country as a whole.”
“The PMI framework will help secure results for project managers that are consistent, predictable and successful – so integral as India emerges as one of the leaders in the global economy, “he added.
About PMI
With more than 260,000 members in 170 plus countries, the Project Management Institute, Inc. (PMI) is the leading membership association for the project management profession and the largest association dedicated to the advancement of project management in the world. As the leading advocate for the profession, PMI is actively engaged in setting professional standards, providing a professional career path for project managers and creating a family of professional credentials: Certified Associate in Project Management (CAPM®), Project Management Professional (PMP®) and Program Management Professional (PgMP)®. Additionally, the Institute provides members with access to the knowledge, skills, educational support and networking opportunities needed to drive business results through project management, program management and portfolio management. PMI is highly regarded for its extensive research program and published studies. PMI was founded in 1969. Please visit PMI.org for more information.
Contact PMI offices in India at:
PMI Organization Centre Pvt., Ltd., #1031, Regus, Level Ground & 1, Trade Centre, Bandra Kurla Complex, Bandra (E), Mumbai, India, 400 051, Tel: + 91 22 4070 0325 Fax: + 91 22 4070 0800
PMI Service Centre, Haryana, India, Tel: + 91 - 124 4517140, e-mail: customercare.india@pmi.org
Media contact:
Joe Patterson, PMI Public Relations
Office: 610-355-1672
Mobile: 610-506-9570
NEWTOWN SQUARE, PA - January 17, 2008 -- Project Management Institute, Inc (PMI), the world’s leading advocacy association for the project management profession, announced the inauguration of its India office to be located in Mumbai to support the growth of the project management profession in India. PMI establishes project management as a critical discipline that ensures projects of all kinds can completed on time and within budget and align with the stated strategic objectives of the project.
PMI also applauded and recognized the contribution of Dr E Sreedharan, Managing Director of Delhi Metro Rail Corporation to the project management profession because of his outstanding work on the Konkan Railway, Delhi Metro and other key infrastructure projects in India.
According to a recent government report (Quarterly Report by the Ministry of Statistics and Programme Implementation, Government of India), of a total of 866 government projects currently on the anvil, 297 are running behind schedule and more than Rs 24,000 crore (US$ 6 billion) will be spent additionally because of the delay – in some cases of over 16 years.
PMI in India will foster the advancement of standardized, professional project management principles through the advancement of its leadership development and certification programmes. The Office will also enable PMI to foster and build on its service and delivery capability, generate awareness of and demand for the exacting requirements of project management principles and support business and governments in India to better apply and understand global knowledge, skills, tools and techniques to ensure projects in India are completed on time and within cost. PMI has also appointed a Managing Director for the India Office, Mr. Raj Kalady who will be responsible for advancing project management principles across multiple industries.
PMI is the leading global standard-setting organization and advocate for the project management profession and comprises of a truly global community of project management practitioners that represent every major industry including aerospace and defense, automotive, business management, construction, engineering, IT, infrastructure, financial services, pharmaceuticals and telecommunications.
Commenting on the inauguration, Gregory Balestrero, Chief Executive Officer, PMI who was in India for the inauguration said, “Trained and credentialed project managers can help India unlock its obvious potential as they bring projects in on time and within budget and make project management indispensable for predictable and positive business results that create value for an organization and its stakeholders.
Mature project management practices close the gap between strategy and results. As India globalizes and is on an ambitious growth trajectory, with rapid developments taking place in both the private and public sector, India needs project management professionals who know how to compress schedules to meet the urgent needs of a developing economy. A key to this is utilizing standardized professional project management practices to build capacity and capabilities to achieve breakthrough results.”
“India has the third largest PMI membership – after the United States and Canada - with seven chapters and over 11,000 PMI members. Most of these are in the IT sector. Our endeavor is to spread the word that project management can be applied to any and every sector and discipline – whether it is a power project or a social initiative. PMI will continue to work to highlight sound project management principles in the Indian scenario – projects successfully implemented by companies like L&T, Reliance, Vedanta and NTPC – while working to understand the unique challenges of the profession in India. Our objective is to facilitate the growth of project management practitioners in India as well as growth of the profession itself.”
“We are delighted to honour and applaud Dr E Sreedharan, who we believe epitomizes the values of project management. Dr Sreedharan has symbolized and demonstrated leadership and initiative while advancing project management concepts, techniques and practices effectively in the various projects he has worked on in India. We believe Dr Sreedharan is symbolic of the profession and the principles of project management that PMI hopes to promote in India.”
Also in attendance from Amman, Jordan, was Philip Diab, Chairman of the Board of Directors for PMI who said, “Now more than ever, we believe PMI must have a fully operational office in India given the huge infrastructure investment being made in India. We must connect with organizations in both the public and private sectors and work with them to adopt superior project management practices and utilize the experience, expertise and talent of professional project managers.”
Raj Kalady, PMI’s Managing Director in India said, “This is an important milestone for project management in India. Further recognition and adoption of PMI’s globally created and recognized credentials and standards for the Indian market can lead to a huge saving of costs and resources adding value to the organizations and benefitting the country as a whole.”
“The PMI framework will help secure results for project managers that are consistent, predictable and successful – so integral as India emerges as one of the leaders in the global economy, “he added.
About PMI
With more than 260,000 members in 170 plus countries, the Project Management Institute, Inc. (PMI) is the leading membership association for the project management profession and the largest association dedicated to the advancement of project management in the world. As the leading advocate for the profession, PMI is actively engaged in setting professional standards, providing a professional career path for project managers and creating a family of professional credentials: Certified Associate in Project Management (CAPM®), Project Management Professional (PMP®) and Program Management Professional (PgMP)®. Additionally, the Institute provides members with access to the knowledge, skills, educational support and networking opportunities needed to drive business results through project management, program management and portfolio management. PMI is highly regarded for its extensive research program and published studies. PMI was founded in 1969. Please visit PMI.org for more information.
Contact PMI offices in India at:
PMI Organization Centre Pvt., Ltd., #1031, Regus, Level Ground & 1, Trade Centre, Bandra Kurla Complex, Bandra (E), Mumbai, India, 400 051, Tel: + 91 22 4070 0325 Fax: + 91 22 4070 0800
PMI Service Centre, Haryana, India, Tel: + 91 - 124 4517140, e-mail: customercare.india@pmi.org
Media contact:
Joe Patterson, PMI Public Relations
Office: 610-355-1672
Mobile: 610-506-9570
