Inadequate project management skills causing India, loss of Rs1.71 lakh crore

 

  • Project Management can help India save loss of 1.71 lakh crore, says Project Manager’s Association president Dr A S Pillai
  • The Ministry of Statistics and Programme Implementation states, country lose money worth crores due to project delays
  • PMA is in conversation with various government agencies to make the Project Manager’s certification programme mandatory to escape the losses incurred due to project delays
  • PMA is currently training The Delhi Metro, Indian Oil Corporation and National Thermal Power Corporation etc.

 

New Delhi, August 21, 2017Mr A S Kiran Kumar, Chairman ISRO today inaugurated Project Managers Global Summit on “Propelling Sustainable Growth Through Competent Project Management” (21-22 August 2017) at Hyatt Regency, New Delhi.

Project Managers Global Summit, 2017 is a global event which provides an international platform to various sectors to discuss about best practises, latest updates in project management, success stories through lectures, presentations and panel discussions.

Industry Stalwarts and thought leaders like Mr A S Kiran Kumar, Chairman, Indian Space Research Organisation (ISRO), Dr A Sivathanu Pillai, (Padma Bhushan) Former CEO & MD, BrahMos Aerospace, Mr G Sateesh Reddy, Scientific adviser to Raksha Mantri & Mr K S Jamestin, VP PMA ONGC Ltd.

Speaking at the event, Dr Pillai said, “India is a growing economy and the success of leading programs like ”Make in India” is vital for maintaining growth trajectory of the nation. In order to realise this, it is pertinent that we follow the proven methods and techniques of Project Management, to control time and cost overrun.”

He added that the Ministry of Statistics and Programme Implementation states that government has registered loss of around Rs 1.71 lc crore reported due to project delays. “It is sad that the country is losing such humongous amount only due to inefficiency and training skills. We can help the government to escape this by training professionals through PMA.”

Chairman ISRO, DR Kumar supported the statement. He said, “Training of a project manager is not a new concept. It has been there for years now. Institute project management approach in the space programme was started by Sara Bhai. We all have been trained and this is the reason for our successful programmes.”

Stressing on the need of making Project Manager’s certification mandatory, Dr Pillai said that we are in continuous talks with government bodies to seek a policy level engagement with PMA that can help the nation overall. “We are hopeful that the government do something about this”.

About PMA: PMA India is the Sole Member Association of the International Project Management Association (IPMA) in India. PMA is a registered society, established in 1993, with the vision to çreate a Project oriented India (POI)’which fervently supports the objectives and initiatives of the Govt. of India.

With a wide network of 14 chapters across the country, PMA has awarded certifications to over 5500 professionals.

 

For further details or clarifications:

Sujoy Kumar Chowdhury, 9810629170

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