Welcome to Gullane Leisure Furniture Ltd – Gullane Furniture | gullanetech.co.uk

Is there anyone who cares about Project Management certification?

Is there anyone who cares about Project Management certification?

There are two main categories of business activities: Operations and projects. Operation is the company’s repetitive, ongoing work to produce their products in order to maintain their current business. Projects, on the other hand, produce a unique product in a short time and aim to maintain their future business. It’s no surprise that even traditional manufacturing and operations companies are now more involved in projects on Greenfield, capacity enhancement, productivity & quality improvement. Across the globe, billions of dollars are spent on various projects. For example, the capital project and infrastructure (CP&I), alone, is expected to growto morethan US$ 9 trillion annually by 2020, up from US$ 4trillion in 2012. We can see the impact of a 41% failure rate2 on project success, which is a huge concern for the business community around the globe. A project is considered successful if it meets all of the scope, time and cost objectives. Project failures are most often due to time overrun, functionality/quality issues, and cost overrun. This means that projects face a difficult task in meeting the four basic objectives of scope, time, cost, and quality. IBM survey 2 shows that the top 20% of companies report a 80% success rate in project management, while the bottom 20% report a mere 8% success rate. Naturally the poor success rate of projects got the critical attention ofproject management institutes like Project Management Institute (PMI(r)),International Project Management Association (IPMA), ILX group(PRINCE2) and they have been researching to find the solution. The tenfold difference between top and bottom 20% companies in project success rates gave clues to the solution. Accordingly the researchersidentified those project management practices contributed significantly toproject success and imbibed into their respective project management standards. To improve their project success rate, project managers and companies can draw on the research of project management institutes. Globally, the demand for project managers is growing as business activities become more project-oriented. Project management is the application knowledge, skills and resources to meet project objectives. Many projectmanagers started their careers as technical professionals, but later became project managers. This allows them to get a better understanding of current global project management practices and knowledge. Companies are aware of the above trends. It is no surprise that companies encourage in-house and global project managementtraining to prepare their project managers. Customers also demand global certified project managers to increase their project success rate. What are you waitingfor? You can add the best global project management knowledge to your technical skills to become a competentproject manager and meet the growing demand for competentproject managers around the world. Srinivasan.V