India - the developing economy. There is big push for urban and rural infrastructure development throughout the sub-continent. A year back there are around 600+ public sector infra projects undergoing with an whopping estimate of over 150 crores.
50% of project failure is traced to poor (or no) project management:
In India, Educated but Unemployable Youths; Graduates Finds Schools Don’t Foster Skills Needed for Fast-Changing Economy
Only 25 per cent of our engineering graduates, 15 per cent of our finance and accounting professionals and 10 per cent of professionals with any kind of degrees, in India, are suitable for working in multinational companies.
Solution - CAPM (Certified Associate in Project Management)
•Better Placement / Hiring Proposition
Information Sources:
McKinsey and Company
PWC Survey
May 2011 Flash Report Min of Statistics & Programme Implementation
Source: FICCI Study : Project Management in India, Insights from Six Key Sectors
Project Management Institute PMI
50% of project failure is traced to poor (or no) project management:
- Bad estimates/deadlines
- Scope changes
- Poor resource planning
In India, Educated but Unemployable Youths; Graduates Finds Schools Don’t Foster Skills Needed for Fast-Changing Economy
Only 25
per cent of our engineering graduates, 15 per cent of our finance and
accounting professionals and 10 per cent of professionals with any kind of
degrees, in India, are suitable for working in multinational companies.
Only one
in four engineering graduates in India is employable, based on their technical
skills, English fluency, teamwork and presentation skills and of the 4 lakh odd
engineering graduates, who graduate each year, only about 20% is good enough
for India Inc
Only 25 per cent of our engineering graduates, 15 per cent of our finance and accounting professionals and 10 per cent of professionals with any kind of degrees, in India, are suitable for working in multinational companies.
Solution - CAPM (Certified Associate in Project Management)
• CAPM certification is an unique positioning for students. It acts as a passport to industry.
•The
Institutes which offer job ready courses for the students gets better pull at
the time of registrations. Positioning of PM as industry ready course is one of the key
pitch to the students.
•Better Placement / Hiring Proposition
•Since
a
CAPM certification is one of the key job skill the prospective organizations
pick up people who are better equipped with work- ready skills.
•Unique Opportunity for Institutions, as there are very few institutes which has PM syllabus per PMBOK. PM practice in industry is as per PMBOK.
Information Sources:
McKinsey and Company
PWC Survey
May 2011 Flash Report Min of Statistics & Programme Implementation
Source: FICCI Study : Project Management in India, Insights from Six Key Sectors
Project Management Institute PMI