Project Planning is the heart of any Project. The success and failures of any project could be attributed to the skill level and experience of the project planning team.
Project planning is all about foreseeing, forecasting, implementation of corrective and preventive actions all of which are the key drivers to a project's success.
Thursday, March 12, 2009
Will PMP certification really help in construction??
PMP crdentials are issued only to those competent candidates who are well versed with PMBOK (Project Management Body of Knowledge), a practical, time tested and globally agreed standard.
And projects in construction industry are the most deserving ones which requrie skilled project management professionals to implement these best practices and standards in place. Hence PMPS are a value addition if recognized and utilized effectively in projects.
And projects in construction industry are the most deserving ones which requrie skilled project management professionals to implement these best practices and standards in place. Hence PMPS are a value addition if recognized and utilized effectively in projects.
Does PMP - Project Management Professional Credential have any recognition given in the Indian Construction Industry?
Present day constyruction projects are very different from that in the past, because of the following reasons:
technology improvement, competitive markets, lack of skilled work force, high demand and expectation from customers, fund shortage, stringent schedule commitments, do more with less attitudes, project failures etc.
Under this circumstances, over and above core domain knowledge and experience, a PMP - Project Management Professional credential do have a vital role to play in succesful management of Projects in the Construction Industry. But debate is on wheteher PMPs are given any due recoginition in INDIAN Construction Industry?
I am disheartened to say the truth- "NO". As on date PMP credential has just been a value addition or a professional skill developement for an individual as such, where as there hasn't been any due recogniition given to PMPs in the Indian Construction Industry.
There are several reasons for this : Lack of knowledge on PMPs credentials, less emphasis on Project Management skills and its imporatance in attaining project success, lack of effective and practical tranning and education in the field of Construction Project Management.
technology improvement, competitive markets, lack of skilled work force, high demand and expectation from customers, fund shortage, stringent schedule commitments, do more with less attitudes, project failures etc.
Under this circumstances, over and above core domain knowledge and experience, a PMP - Project Management Professional credential do have a vital role to play in succesful management of Projects in the Construction Industry. But debate is on wheteher PMPs are given any due recoginition in INDIAN Construction Industry?
I am disheartened to say the truth- "NO". As on date PMP credential has just been a value addition or a professional skill developement for an individual as such, where as there hasn't been any due recogniition given to PMPs in the Indian Construction Industry.
There are several reasons for this : Lack of knowledge on PMPs credentials, less emphasis on Project Management skills and its imporatance in attaining project success, lack of effective and practical tranning and education in the field of Construction Project Management.
Which is most practical of the Project Planning, Monitoring and Control Tools?
There are various tools and techniques available in literature for Project Planning, Monitoring an Control. They are CPM - Critical Path Method used in cases where is the activity durations are deterministic in nature, PERT, Program Evaluation Review Technique - used with a three point estimate (Optimistic, Pessimistic and Most Likely Values) and modern day method CCPM - Critical Chain Project Management developed by Eliyahu M. Goldratt, where in the Buffers management is given prime imporatance. The debate is on which of these techniques is most practical and what are their merits and demerits?
I have applied both CPM and PERT in the past and found that their credentials are effactive only during the planning stage. These techniques are not that handy during the monitoring and control phase of the project.
Where as CCPM looks more practical with its buffer management technique at the Project Level instead of dealing with activity level floats. This enforces a better control on excution of the works and aids us in contigency planning based on the amount of buffers utilizatised as we more through the project. Resouce management is also effective in this case.
I have applied both CPM and PERT in the past and found that their credentials are effactive only during the planning stage. These techniques are not that handy during the monitoring and control phase of the project.
Where as CCPM looks more practical with its buffer management technique at the Project Level instead of dealing with activity level floats. This enforces a better control on excution of the works and aids us in contigency planning based on the amount of buffers utilizatised as we more through the project. Resouce management is also effective in this case.
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