Presentation on theme: "SUCCESSFUL PROJECT MANAGEMENT: The Key To Future Survival PMI HONOLULU CHAPTER JANUARY 21, 2004."— Presentation transcript:
SUCCESSFUL PROJECT MANAGEMENT: The Key To Future Survival PMI HONOLULU CHAPTER JANUARY 21, 2004
ROYS QUESTIONS Why did PB initiate a PM Program? When did PB formally start PM training? What are PBs training requirements for PMs? Does PB have a Project Office? Any benefits from training PMs?
WHY OR WHAT TRIGGERED PB TO INITIATE A PROJECT MANAGEMENT PROGRAM?
THE ONLY THING THAT PB DOES IS PROJECTS.
We cannot yet tell with certainty what the next society and the next economy will look like. We are still in the throes of a transition period. However, we can say that the next society and economy will have a totally different social complexion. It will be a knowledge society with knowledge workers, the largest single and by far the most expensive part of the workforce. Peter Drucker, The Essential Drucker
IN TIMES OF CHANGE, THE LEARNERS WILL INHERIT THE EARTH.
WHEN DID PB START FORMAL TRAINING FOR PROJECT MANAGERS?
WHAT ARE PBS TRAINING REQUIREMENTS FOR PROJECT MANAGERS?
LEADERS COME IN ALL SHAPES AND SIZES BUT THE GREAT ONES FOCUS ON PEOPLE ENR - DECEMBER 2, 2002
---It is all about people. Management is the hard skills – planning, directing, organizing and keeping score. Leadership is the soft skills – vision, working together, motivation, building trust among the players, ethics.
THE GREAT MANAGER People-oriented Innovative Open-minded Communicative Good Listener Goal-oriented Perceptive Forward Looking Passionate Dedicated
The increasing complexity of the engineering and construction business requires that professionals in the industry be smarter, more flexible, and better able to communicate than their predecessors. We need people who are flexible, can effectively wear multiple hats, work on large complex projects, are people- oriented, and prepared for the business, regulatory, and litigious society they are entering. D. W. Halligan
RIPE MATRIX RESPONSIBILITIES IN PROJECT EVOLUTION
PBs PM TRAINING MODULES Introduction to project management Project scope Project schedule Project budget Project quality Negotiating Cash management Project control Overhead Contracts Managing project performance PM policies and procedures Claims avoidance Risk management Project organization Project administration PBIS for PMs CADD risk management
PROJECT MANAGER COMPLETE 10 MODULES MINIMUM 5 YEARS EXPERIENCE BACHELORS DEGREE OR EQUIVALENT
SENIOR PROJECT MANAGER COMPLETE 12 MODULES MINIMUM 10 YEARS OF EXPERIENCE COMPLETE SENIOR PROJECT MANAGEMENT 1 TRAINING
PRINCIPAL PROJECT MANAGER COMPLETE 14 MODULES MINIMUM 15 YEARS OF EXPERIENCE COMPLETE SENIOR PROJECT MANAGEMENT TRAINING CONDUCT PM TRAINING
PROGRAM COST (FY 02) 2748 hours (5496 total hours) for a labor cost of $97,000 Including training materials, etc. the total PM training expenditure was $107,000 Including PA training, the total expenditure was $180,000 SPM training costs about $1700/person
DOES PB HAVE A PROJECT OFFICE? Director of Projects PMADC (Project Manager and Administrator Development Committee
ARE THERE ANY RECOGNIZED BENEFITS FROM TRAINED PROJECT MANAGERS? In FY 02 certified PMs earned $3.8 million more in margin on about the identical number of projects than did non-certified PMs.