Professional Documents
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M1 Importance of Project Managment Course Slide
M1 Importance of Project Managment Course Slide
A Comprehensive Overview
of the Discipline
The Importance of PM
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- Origins -
How Long Has Program/Project
Management Been Around?
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Formal Organizations
Project Management Institute (est. 1969) has over 2.9M
world-wide members in nearly every country
Defense Systems Management College (DSMC), est.
1971. One of 15 DoD education and training institutions in
a consortium known as Defense Acquisition University
PMI Website 2017 -
Through the decade ending in 2020, 15.7 million new project management roles will be created. The
profession is expected to grow by US $6.61 trillion. Now is the time for professionals and job-seekers to build
project management skills, as demand for these skills outstrips supply.
In the United States, this growth will mean:
Rising salaries
Growth in the project-intensive sectors of manufacturing, business services, finance and insurance, oil and
In 10 countries (Australia, Brazil, Canada, China, Germany, India, Japan, Saudi Arabia, United Arab Emirates
and the United Kingdom) with established or quickly developing project-intensive sectors, project
management roles are expected to grow by 13.4 million through 2020.
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The Demand
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1998
One of the
First
Advertised
Requirements
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Formal Education
Six regional accrediting commissions:
North Central Association of Colleges and Schools
Middle States
New England
North West
Southern
Western
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Program/Project Management
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Related Accredited Degrees
Professional Development
Procurement Management
Production Management
Program Planning and Administration
Organizational Behavior
Human Resources
Contract and Acquisition Management
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Whole Curriculum
Management & Leadership
Organizational Behavior
HR, Communications, Ethics
Accounting, Economics, Finance
Strategic Management and Marketing
Risk Mgmt & Tech Performance Measurement
Management Cost/Schedule Control System
Scheduling Techniques
Contracts and Procurement
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Typical Offerings?
Accredited/Non-accredited Master level program
As individual courses
Certificate program
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Education/Training Non-Degree
Certificate Programs
Tons of them:
Boston University
George Washington University
American Graduate University
ESI International
AMA, Fred Pryor, Career Track
PMI, DSMC
Purdue University
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Who are the Typical Students?
Professionals (all occupations)
Graduate level
Undergraduate - Junior/Senior level
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Project Management
Company Example
Training & Education
Company/Site
Project
Management
Training
PMI
Membership,
University
General
Project
Knowledge
Management
Acquisition,
Education
and
Certification
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Company/Site Project Management Training
Purpose
Offerings/Opportunities
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Program Management Education
Project Management Certificate
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Program Management Education
Project Management Certificate
Benefits to Student
Learn Project Management skills to help you succeed in your
occupation
Prepare for PMP certification
Networking with Project Managers from other Industries and
Businesses
Benefits to Company
Consistency and coherency on Project Management theories
and methodologies
Better trained and more efficient Project Management
workforce
Project Manager training and education programs can be
stressed in future proposals
Improved networking between Project Managers (internal and
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external)
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PMI Membership, General Knowledge
Acquisition, and, Certification
PMI Membership
Provided to those entering/completing Project Management Certificate
Program
Benefit to Project Managers:
• Monthly professional magazine and newsletters
• Local Chapter meets monthly (networking, discipline presentations &
training)
Benefit to Company
• Project Managers exposed to discipline topics, training, tools,
networking, etc.
• Project Management training exposure in proposals
PMI Certification
Sponsorship to take PMI test (for individuals who complete Project
Management Certificate Program, or equivalent)
Passing provides PMI Project Management Professional (PMP) Certification
Benefit to Project Managers:
• Internationally recognized PMI Certificate in the Project Management
discipline
Benefit to Company
• Consistent and coherent theoretical Project Management education
• Project Management qualification exposure in proposals and to our
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Project Definition
Have a specific product or service (well-defined objective)
Have a defined start and end date
Have funding limits
Consume resources
Dollars
People
Equipment
Have a customer?
Has a degree of uncertainty
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Examples of Projects
Hosting a Conference or Seminar
Designing a marketing brochure
Adding a family room
Holding a high school reunion
Performing a Surgery
Building a tree house
Planning a wedding
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Classical Management Functions
Planning
Organizing
Staffing
not performed when functional/matrix management is
involved
Controlling
Directing
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We all manage projects, some with less
formality and consistency than others.
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