Does anyone care for Project Management certification?

The world of business activities can be divided into two broad categories:
Operations and Projects. The company’s ongoing, repetitive work to produce their products to keep up their current company is known as operations. In contrast, the project provides a unique product for the company in limited time, intending to keep up their future enterprise. Projects bring change & future organization. No wonder why these days, even many traditional manufacturing/procedures companies do more projects on Greenfield, capacity enhancement as well as productivity and Quality Improvements.

Tens of trillions of US$ are spent on different projects across the globe. For example, the capital project and also infrastructure (CP&I) alone is set to grow to more than US$ 9 trillion annually by 2025, up from spend of US$ 4 trillion in 20121. With reports of only 41% task success rate2, we can imagine the loss of trillions, and this greatly concerns the business community across the globe. The task is considered successful when it meets all of the scope, time, cost & quality objectives.

The top project failure reasons are time overrun, functionality/quality issues, and price occupied, and these constitute two-thirds of failed projects. This reveals that plans tend to be facing the uphill task of meeting the primary four job objectives: range, time, expense, & high quality. IBM survey2 points out that the top 20% of companies review 80% venture success rate and bottom 20% associated with companies report meager 8% project achievement rate.

Naturally, the reduced accomplishment rate regarding projects got the critical attention involving project management institutes like Project Management Institute (PMI®), International Job Management Association (IPMA), ILX group (PRINCE2), and they have been researching to find the solution. The actual tenfold difference in undertaking success price between top & bottom part, 20% of companies gave a clue to the answer. Accordingly, the researchers identified those project administration practices contributed significantly to project good results and imbibed into their respective project supervision standards.

The companies and assignment managers can leverage on the research done by the work management institutes to enhance their particular project achievements rate. With the world of business activities are becoming more and more project-oriented, there is a growing need for competent project managers globally. Venture management is the application of knowledge, skills, and also resources for meeting the challenge objectives. Many of the project administrators would have started their careers as technical professionals but transform as project supervisors later in their careers. Hence getting a proper understanding of best contemporary global project operations knowledge along with practices helps to head start their project management profession as well as to be able to benchmark ourselves, do a gap analysis, besides, to improve on all those areas.

The above facts or trends are usually known to businesses. And no question why the companies are encouraging in-house or even global task management training to ready their job managers plus customers is generally demanding globally certified venture managers to enhance their undertaking success level.

So what are you waiting for? Add the best comprehensive project, managing knowledge to complement your specialized skills and become a competent assignment manager and even fill the growing requirement for global qualified project executives.

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