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SUCCESSFUL PROJECT MANAGEMENT: The Key To Future Survival

SUCCESSFUL PROJECT MANAGEMENT: The Key To Future Survival. PMI HONOLULU CHAPTER JANUARY 21, 2004. ROY’S QUESTIONS. Why did PB initiate a PM Program? When did PB formally start PM training? What are PB’s training requirements for PM’s? Does PB have a “Project Office”?

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SUCCESSFUL PROJECT MANAGEMENT: The Key To Future Survival

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  1. SUCCESSFUL PROJECT MANAGEMENT:The Key To Future Survival PMI HONOLULU CHAPTER JANUARY 21, 2004

  2. ROY’S QUESTIONS • Why did PB initiate a PM Program? • When did PB formally start PM training? • What are PB’s training requirements for PM’s? • Does PB have a “Project Office”? • Any benefits from training PM’s?

  3. WHY OR WHAT TRIGGERED PB TO INITIATE A PROJECT MANAGEMENT PROGRAM?

  4. “THE ONLY THING THAT PB DOES IS PROJECTS.”

  5. “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, TheEssentialDrucker

  6. “IN TIMES OF CHANGE, THE LEARNERS WILL INHERIT THE EARTH.”

  7. WHEN DID PB START FORMAL TRAINING FOR PROJECT MANAGERS?

  8. PM TITLES • PROJECT MANAGER • SENIOR PROJECT MANAGER • PRINCIPAL PROJECT MANAGER

  9. WHAT ARE PB’S TRAINING REQUIREMENTS FOR PROJECT MANAGERS?

  10. LEADERS COME IN ALL SHAPES AND SIZES BUT THE GREAT ONES FOCUS ON PEOPLEENR - DECEMBER 2, 2002

  11. “---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.”

  12. People-oriented Innovative Open-minded Communicative Good Listener Goal-oriented Perceptive Forward Looking Passionate Dedicated THE GREAT MANAGER

  13. “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

  14. “ RIPE ” MATRIXRESPONSIBILITIESINPROJECTEVOLUTION

  15. 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 PM’s CADD risk management PB’s PM TRAINING MODULES

  16. PROJECT MANAGER • COMPLETE 10 MODULES • MINIMUM 5 YEARS EXPERIENCE • BACHELORS DEGREE OR EQUIVALENT

  17. SENIOR PROJECT MANAGER • COMPLETE 12 MODULES • MINIMUM 10 YEARS OF EXPERIENCE • COMPLETE SENIOR PROJECT MANAGEMENT 1 TRAINING

  18. PRINCIPAL PROJECT MANAGER • COMPLETE 14 MODULES • MINIMUM 15 YEARS OF EXPERIENCE • COMPLETE SENIOR PROJECT MANAGEMENT TRAINING • CONDUCT PM TRAINING

  19. 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

  20. DOES PB HAVE A PROJECT OFFICE? • Director of Projects • PMADC (Project Manager and Administrator Development Committee

  21. ARE THERE ANY RECOGNIZED BENEFITS FROM TRAINED PROJECT MANAGERS? • In FY 02 certified PM’s earned $3.8 million more in margin on about the identical number of projects than did non-certified PM’s.

  22. CHINA’S PLANS

  23. THANK YOU VERY MUCH!!!

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