India is projected to need almost 400,000 new project professionals in project-oriented industries every year till 2020, says Raj Kalady, Managing Director, Project Management Institute (PMI) India.
Edited excerpts from the interview:
What are the key features of project management?
The development of software for an improved business process, the construction of a building or bridge, the relief effort after a natural disaster, the expansion of sales into a new geographic market — all are projects. Project management is the discipline of planning, organizing, securing, managing, leading, and controlling resources to achieve specific goals.
Project management knowledge draws on ten areas:
Integration, Scope, Time, Cost, Quality, Procurement, Human resources, Communications, Risk management and Stakeholder Management Project management, thus, is the application of knowledge, skills and techniques to execute projects effectively and efficiently. It’s a strategic competency for organizations, enabling them to tie project results to business goals — and thus, better compete in their markets.
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