PM Essence May 2016 - PMI Bangalore India€¦ · - Sumukha Rao The Lighter Side of PM - Rajiv DID...
Transcript of PM Essence May 2016 - PMI Bangalore India€¦ · - Sumukha Rao The Lighter Side of PM - Rajiv DID...
Page 1
Volume - 4 - Issue 2 May 2016
Chapter News
- Capt. L. N. Prasad
Leadership Lessons . . .
- Raghavan Parthasarathy
Conference Management
system for PMIBC
- CMS Team PMIBC
PM Industry Symposium
2016
Lessons from a Carrom
Board Game
- Sumukha Rao
The Lighter Side of PM
- Rajiv
DID YOU KNOW?
Co
nte
nts
Q. In competitive market
place, the product companies
use this pricing strategy to
remain profitable?
Thanks and Best Wishes
Soumen De, PMP
Editor’s NoteEditor’s NoteDear Friends,
Greetings from PMI Bangalore India Chapter!
Amidst the state election in five states and the onslaught of IPL fever that has gripped
the nation, another interesting thing happened last month that enthused the social
media community. The Haryana government announced that Gurgaon, the sprawling
suburb outside Delhi, will now be called Gurugram. The reason, as per erstwhile Gurgaon Mayor; “this
name would bring people closer to the 'rich heritage' that Gurgaon once had”. It is said that the
Pandavas of Mahabharata gifted the village to their teacher or “Guru”, Dronacharya, and the area was
later known as Guru Ka Gram (village of the master) before becoming Gurgaon. Since Gurgaon has
been heralded as a 'Millennium city' and is home to IT and corporate giants, many people opined that
this name is not in sync with the status and style this city is known for. I am not sure if the majority of
citizens really care about calling a city in a different way. Even
though Bangalore had been renamed as Bengaluru few years back,
I still see majority of us referring the city by its old name. Renaming
cities by administrators or leaders may be due to political
compulsion or their most convenient way to leave a legacy effect,
but I was wondering if there is a merit in renaming project in a cool
or catchy way. Calling the new quicker customer connect system as
“version 3? is fine but so generic that looks meaningless. Naming it
like “Customer First” may look like more cool and connecting both with the end users and project team
members. Every project including your project and yourself are unique. Don't they deserve to be like a
brand? Getting your project a unique name will enhance the brand perception of project, which in turn
will motivate the project team members. There are cases when a project failed to garner good team
members, as the project did not have a strong project name or brand. So why is project branding
important? Because your project can suffer in the absence of a compelling brand. Broadly speaking, a
brand can be defined as a unique value proposition expressed in a relevant and differentiated way such
that it creates preference and loyalty among key audiences. A quick Google Search can show many
important projects having very smart looking names or acronyms. One HR initiative in one company
was called PRIDE as it was supposed to inculcate pride and drive excellence in their workforces. PRIDE
was very innovatively codenamed for Personal Responsibility In Delivering Excellence. It is observed
that Project Leaders who embrace a brand mindset will be in a stronger position to achieve their goals
and deliver on the organization's business strategy. So next time you own a project make sure you
name it in a way that enhances its brand perception.
Happy Reading.
Chapter News
Editorial Board
- Capt. L. N. Prasad
Murali Santhanam, PMP
Namita Gupta, PMP, PMI-ACP
Rama K, PMP, PMI-ACP
Shikha Vaidh, PMP, PMI-ACP
Soumen De, PMP
Sujata Sahu, PMP
New Appointments at Chapter:
Mr. Vijay K Paul took over as the thPresident of the Chapter on 09 April
2016 from Mr. Murali Santhanam the
outgoing president.
Ms. Shilpa Gnaneshwar took over as
the Secretary and Treasurer of the
Bangalore Chapter.
Continued on Page 7...
PM Footprints: In the month of April 2016, one
PM Footprints session thwas held on 07 April
2016. Mr. Tapan
Mozumdar, Senior
Divisional Manager ITC
Ltd., spoke on the topic
"Why MSP is Irrelevant
to Me". The session was well attended and enjoyed
by audience.
Leadership Lessons fromAlexander the Great
2 Page
Volume - 4 - Issue 2 May 2016
Leadership Lessons fromAlexander the Great
- Raghavan Parthasarathy
relative of his mother. At the same time,
Aristotle taught him rhetoric, language
and stimulated his interest in
mathematics, science and philosophy. At
the age of 13, Lysimachus taught him the
cultural aspects of the world, appreciating
fine arts like drama, poetry and music.
He also learnt to play the lyre. This tells
us that Alexander was a knowledgeable
and cultured man.
He also was a very ambitious man. His
one worry as his father conquered was
that nothing would be left for him. Of
course, there is lot of debate.
Alexander wanted to unite the known
world at that time. He came to power in
336 BC and in a war lasting three years,
defeated Persia. He spent the 12 years in
warfare travelling 22,000 miles up to the
Indus river in India (he died in 326 BC,
and he was born in 356 BC). He changed
history more than any other one person
and is also one of the most famous
leaders of all time. In history, he is
considered most successful world leader,
most celebrated conqueror, warrior, and a
great legend. His accomplishments were
greater than any before or after him. He
was a precocious child and this along with
his mother's influence made it easy for
him to want to surpass others.
The map shows the countries he
conquered and the route he followed. For
any other Europeans to travel eastwards
farther than Alexander had, would take
many centuries. His first move after his
father died was to put down therebelby
the Greeks. Even before that, Alexander
subjugated the Thracian tribe (in what is
now Bulgaria) and established his first
city - Alexandropolis.
All this he did in a short lifespan of 32
years!!
The Greek city states saw Philip's death
as an opportunity. But Alexander showed
his talent as a strategist. He destroyed
Thebes, one of the rebelling cities and
sold all the inhabitants as slaves. He even
borrowed money to pay his soldiers to
send back home. He travelled thousands
of miles, through deserts and cold and icy
Himalayas, and fought some 70 wars
without losing once.
Looking online I found traits with
supporting examples. This list is copied
here -
Leadership Lesson #1: Have An action
orientation
Leadership Lesson # 2: Care for your
people
Lesson # 3: Be seen caring for your
people
Leadership Lesson # 4: Dare to
innovate!
Lesson # 5: Lead by personal
example
Lesson # 6: Live your values
Lesson # 7: Reward your people
There was another list I saw - Honesty,
Ability to Delegate, Communication,
Sense of Humor, Confidence,
Commitment, Positive Attitude,
Creativity, Intuition and Ability to Inspire.
I feel his personality was such that his
vision was communicated in a manner
where it became a common vision of his
army. He also cared for his people. When
he saw elephants used in battles, and
saw the advantages, he too employed.
He was also innovative.
•
•
•
•
•
•
•
The saying in the picture clearly shows
Alexander's views on leadership. He is
clearly stating the importance of a leader
here.
We all are taught that Mission and
Vision are important and basically
Alexander the great and his soldiers knew
their mission and Alexander too clearly
communicated his vision (perhaps he
called it a dream to go after). To dream
and to perform great came naturally to
him and this puts him as a great leader
of all times. He also inspired his men and
empowered them with the much needed
passion, enthusiasm, and commitment to
perform in the same way. He was also
adaptable as seen by his use of elephants
in battles. Apart from that, he also was a
very confident and resourceful person.
Alexander was born in Pella, the
Macedonian capital, at about the time his
father, Philip, became the king of
Macedonia. Philip's expansion of the
kingdom, an unfolding saga of glory and
excitement, was Alexander's boyhood.
I did some search and found the qualities
of a good leader online and then analyzed
what Alexander possessed or lacked. But
sticking to Alexander, it perhaps mattered
that his tutor was the Greek philosopher
Aristotle. He perhaps got the vision from
his father Philip of Macedon who was
assassinated. It is recorded that Philip
said "My boy, you must find a
kingdom big enough for your
ambition. Macedon is too small for
you." He was first brought up by his
father and his mother Olympias princess
of Epirus. At the age of 7, he learnt the
crafts of a warrior (such as sword
fighting, horse riding, physical exercises
fit for a warrior) through Leonidas, a
PM Article
Continued on Page 7...
Conference ManagementSystem for PMIBC
Page 3
Volume - 4 - Issue 2 May 2016
PM Article
system to organize and manage large and
multiple events & conferences hosted by
PMI Bangalore chapter.
A team was formed in first quarter of the
year to do make or buy analysis followed
by evaluation of various tools available in
the market for the required functions and
features as per the need. The decision
was in favor of buying a Conference
Management tool available in the market
with comprehensive set of functionalities
to manage events and conferences and
enhance it further as per the needs of the
chapter. The Conference Management
System (CMS) was procured by PMI BC
after the recommendation was approved
by the Chapter Board members.
The Conference Management System is a
configurable system based on parameters
to set up a conference or event. The
various functionalities helped in various
areas of creating an event with detailed
planning, creating the conference
content, providing a mobile application
with real time program schedule and
event guide, emails for correspondence,
one consolidated dashboard view of all
the events and activities including
tracking vendors, sponsors, exhibitors,
delegates registration and payment
system, budgeting and financial tracking,
post event feedback collection, individual
reports and many other important
significant features.
Immense benefits were reaped in Project
Management National Conference 2015 in
terms of cost and standardized process.
One such benefit was the cost benefit as
the mobile app was encouraged and
hence a less number of programme
brochures were printed. This also helped
us to move to certain extent of going
green
The second immense benefit was to
overcome the challenge of volunteer run
organization where it is very important to
create a central repository for all the
artefacts for next set of new volunteers
in future along with a set procedure and
processes. It helped to keep everyone on
one page with a unified view and also
keeping the artefacts for reuse in next
PMPCs.
The successful implementation of the
CMS tool at Project Management National
Conference 2015 has triggered the usage
of the tool for all the events hosted by
the chapter like PM Footprints, PM Primer,
PM Enrich etc. The team is constantly
enhancing the tool in order to meet the
new demands of the team and is
constantly learning and updating the
system to better manage the upcoming
events and provide a seamless
experience to the end users. Also, team
is planning to bridge the gap in the tool
that was encountered during Project
Management National Conference 2015
to further improve the tool and to provide
further benefits in management of
upcoming events.
PMI Bangalore Chapter (PMIBC) enjoys
the status of one of the most active
chapters in Asia with its series of
programs and activities. What started as
a couple of events at small scale, today, it
has grown into multiple events at much
larger capacity and is destined to grow
further. The Project Management
Practitioners' conference (PMPC) is one
such example which has become today a
much awaited event by Project
Management Professionals every year in
Bangalore. Managing such events comes
with its own challenges, intricacies and it
requires tremendous coordination of
volunteers. So what makes it possible?
The answers is – involvement of
volunteers in planning and execution
months before the conference.
PMIBC has been running PM Practitioners'
Conference for several years. There is a
growing need for small conferences also
and due to lack of a proper system for
coordination, the wheel was reinvented
every year in terms of creating
templates, processes etc. PMI BC PMO
comes up with some projects every year
and one of such project was to set up a
Conference Management Software
System to help the volunteers to manage
conferences like PMPC and other new
upcoming events in much easier way with
enhanced efficiency. The scope of the
project was to identify, recommend,
commission and implement an application
tool before Project Management National
Conference 2015, which will provide a
Conference ManagementSystem for PMIBC
- CMS Team PMIBC
PMI Bangalore Chapter Essence is looking for articles
from you. This is your opportunity to learn share and
grow your professional knowledge in Project
Management and leadership. You do not need to be a
member of PMI or PMI Bangalore Chapter to write
articles for Essence. All are welcome. Once the article is
received it will go through an editorial review process
before getting published.
Articles should be sent in MS Word Format. The article size should be preferably
within 800-1000 words with 1 or 2 relevant pictures. Article should not be
presented as a series of articles (like part 1 and part 2 etc.). But they can be
always made as a separate standalone articles. The subject of the article
should be Project Management or related topics (like Lean, Agile, Innovation,
Management, Leadership etc.) which will help our fellow PM community to
enrich comprehension of their professional knowledge and skills.
Invitation to Write Article for PM Essence
4 Page
Volume - 4 - Issue 2 May 2016
Key practices which Bangalore Metro
Railways applied while managing the
projects are:
Employee Care
Keynote Address
•
•
•
•
No hierarchical ladder but lean
organization. All Chief Engineers work
from Sites.
Solve the problem of contractors then
and there.
Laboratories to test finish work at the
early stage.
Trust based Payment to vendors as
they want prompt payment. 80% of
the payment on the face of bill by
RTGS with no check on bills. Check
later - the detail checking is done for
20% of the bills. If false, contract is
stopped and if find repeated then
blacklist the contractors.
At the recruitment stage 2-3-year
promotion, project allowance to
everyone, opportunities to travel to
foreign countries to attend conferences,
seminars; to give the exposure of the
outside world. Celebrations with the
families on achieving milestones.
Mr. J.D. Stuart Macaskie
Followed by the inaugural address from
Mr. Sudhir, Mr. Stuart shared the very
inspirational thoughts on the career vision
and tips for growth.
He highlighted the point that “Better to
avoid change but change is expected in a
project and it is essential to manage the
change and minimise the effects of those
changes.” HSE – Health, Safety and
Environment are the major factors for
Project Managers.
According to him, the risks are of two
types - Fixed and variable risks. Classify
average and high risks,
decide what are you going to do with that
risks. He advised to share the updates on
risk analysis in monthly reports.
The psychometric test should be part of
the recruitment process while hiring
seniors.
Mr. Kalyanaraman Vaidyanathan
shared the great insights on Lean
Construction - Eliminating waste
Mr. Kalyan insisted that the war room is
negative term instead they do planning in
Big Room. 6 weeks of rolling plan ahead
of commitment cycle. Look ahead
planning which helps in constraint
analysis for future so that today's
deliverables are met with.
He shared the ambiance where reds can
be eliminated by getting paid on time,
getting material on time etc.
In Lean Construction industries labour
movement is not preferred. Keeping idle
labour is better than doing rework on
getting them again. He said that they
encourage experimentation innovation
and failures. Only then one can learn and
improve. Encourage a culture which is flat
system based, with a good flow &
collaboration.
He also explained about BIM Model:
Building Information Modelling (BIM)
is a digital representation of physical and
functional characteristics of a facility. A
BIM is a shared knowledge resource for
information about a facility forming a
reliable basis for decisions during its life-
cycle; defined as existing from earliest
conception to demolition. At last Lean is a
journey not a magic. It also requires the
right planning and execution.
Mr. Nimish Mehta, VP – Marketing and
Communication, Honoured the sponsors
for supporting PMI Bangalore India
Chapter for organizing E & C Symposium.
Mr. Vijay Paul started the PM Industry
Symposium for Engineering &
Construction on “Excellence in
Construction Project Management” with
the welcome address and shared the
challenges PMs face these days including
environmental factors. He touched upon
the point that PM should get out of all the
constraints. 12% of cost invested in
project goes waste because of poor
project management. Even if a small (of
about 3%) cost saving is generated by
applying good project management
practices will make the good impact for
the entire nation.
Mr. B.S. Sudhir Chandra kicked off the
event with inaugural address as Chief
Guest. He spoke about the primary goals
for the project managers to deliver the
project in economical way within time and
low cost with high standards. Delegation
of powers is important.
Chart and plan the requirement at the
right time. Managing 5M's: Men,
Machines, Materials, Money, Methods are
important for successful Project
Management. Money management is
tricky as investments are high but is
possible with good planning. Project
leaders should be tactful and get best of
their man power and resources.
PM Industry Symposium 2016
Continued on Page 5...
Page 5
Volume - 4 - Issue 2 May 2016
completion. Market research says the
changing trend in industry to ensure
timely delivery: modular and Residential,
pre cast and steel structure.
Mr. Sushanta Singh Takhellambam shared
the technical insights on Mumbai T2
Terminal and shared the complexity and
strategy adopted for execution of T2
terminal master plan. He also highlighted
and spoke on the challenges faced during
Mumbai T2 Terminal. Some of which are:
Enormous volume and little time to do
the work
Disrupt to airport operations were not
allowed
Landlocked
Limited access to the airport premises
Height Restriction
Existing U/G services
Security threats
Logistic issues
Executional Challenges: Unique roof –
First attempt of such roof in India
The construction of new rapid exit
taxiways (RET) helped in increasing flight
handling capacity
Mr. Venugopal A.N. talked about
individual attributes and leadership traits
in an organization. Project Manager is a
leader with varying skills to manage
people from initiation feasibility to close
out as per stakeholder requirement.
Negotiator is a learning mind set.
“The P in PM is as much about
'people management' as it is about
'project management'.” - Cornelius
Fichtner
•
•
•
•
•
•
•
•
The E&C Symposium was concluded with
the valedictory address by Dr. Mangesh
Korgaonker. He shared his knowledge
and experience on Emerging Paradigms in
assessing the performance of project
management. He clarified the need of
this new paradigm and golden triangle -
scope, time and quality. Our view of
assessing project management is
changing. Time, cost, quality is already
covered as part of project performance
now.
He suggested the new paradigms for
project assessment by identifying and
classifying the projects for different types
i.e. Earth (Engineering), Water (Product
Development), Air (Research and
Development) & Fire (Application
Software) with the help of Goal and
Method Matrix.
He explained any project should be an
Earth project to start with. He also
explained how and by considering what
parameters a fire project can be
converted into an earth project. And
shared the example of Milau Viaduct
which was an air project and were
available in theory. Dr. Mangesh
suggested five frameworks and shared
the statistics of their application in Milau
Viaduct Project.
1. PMI Framework
2. CSF Framework
3. CSK Framework
4. Diamond Framework
5. Lean Project Management
The key take away from his session was
to understand the type and nature of the
projects. Nation building project are
majorly depending on quality but time
and cost can vary.
Panel Discussion
PSS (Mr. P. S. Somasunder) moderated
the Panel Discussion, “Overcoming
Challenges in Construction Industry”.
Discussion was very healthy and focused
on the challenges construction industries
are facing today. The dignitaries
discussed how it is important in
construction industry that the Quality
and safety is never compromised.
They touched on some thoughtful points,
in our country carpenter does not want
his son to become carpenter because
there is no recognition. Recognize people
for their job. Provide opportunity to get
the staff trained in carpentry and the
good benefits like accommodation,
transportation etc. to build and maintain
the dignity of job.
Mr. Gururaj said drawing is important in
construction projects. Success of a
project based on the right structure.
Drawing in itself is the project so that the
construction work should not get
impacted. GFC: Good For Constructing
drawings are the key.
Mr. Gopal shared his thoughts on the
question that clients come up with. i.e is
Project Management necessary? I don't
need PM I will manage myself. Challenge
is to get the right people and right
contractor.
Various pillars cause the delay.
Dependency on man power is the biggest
challenge. Construction industry are
highly dependent on that. Time has come
where we have to go towards
mechanization. And it is the time to go
for more modularised thing. He shared a
good example on pre designed material.
As per Mr. Manish Motwani: In Real
state, 3 big challenges are:
1. Safety 2. Scheduling 3. Quality
Change management is the big issue in
construction industry which can be
overcome by Mechanization. Team work
is the key for successful project
... continued from Page 4
Continued on Page 7...
PM Industry Symposium 2016
Lessons from aCarrom Board Game
6 Page
Volume - 4 - Issue 2 May 2016
pawns before clearing the red / queen or
can clear the red / queen earlier if you
have the clarity and the path. That means
to say that to achieve the goal, you need
to have clarity before embarking on a
journey to achieve the end result.
You may have many distractions or walls
to climb, but you will be able to scale the
heights only when you have a goal, the
path to take and the dogged
determination to achieve.
You may have a goal but you should have
your ideas to achieve it. In today's fast
paced and high networking world, people
tend to pick someone else's idea and run
with it but are they achieving their goals?
The striker in your hand is what you use
to strike and not others.
You are the idea and idea is you. You will
have people around you, who agree,
contribute to your idea and be a part of
success.
You need to clear
the pawns on the board, however you can
also use them to distract others and
create a barricade against your
competition. The pawns I generally call
are SMART goals that allow you to
measure your path to success. To achieve
a larger goal that may be currently
distant from you, you need to be able to
see the progress and these pawns /
SMART goals allow you to measure.
You cannot eat the entire plate of food all
at once. You need to eat it one spoon at a
time. SMART goals allow you to slice,
create smaller chunks and measure the
progress.
There are boundaries and set guidelines
in any game. You need to play within the
limits. However, there is some space to
manoeuvre you moves. Understand that
every move you make is maybe to your
advantage or your competition's. Taking a
Striker – Idea
Pawns – SMART Goals
Red Spots and the lines – SOWT
Analysis
measured approach is always better and
SWOT analysis gives you the pointers for
your Do's and Don'ts. Being prepared is
always better than reckless driving.
Don't underestimate your competition.
You may be good today but they will
come back better tomorrow. You may
have a weakest player against you but
the moves you make determine the
outcomes. While you maybe only one
playing against him, he may have a good
backing behind him cheering him to win.
Understanding and respecting the
competition is important. Learn from
them.
On a carrom board, the powder plays a
very critical role. It makes the journey of
the striker which is on its way to hit the
pawns or the red / queen smooth. A team
is very important, a team that believes in
your idea, the organizational goal and
willing to put themselves behind you to
ensure success.
The better powder / team you have, the
better and faster the results would be.
There are direction indicators on the
board suggesting you the paths to take.
These are guiding principles. While some
deviations are allowed, it is important
that you follow the rules and regulations
of the land. Also be ethical and maintain
trust with employees, customers and
ecosystem around you.
Integrity with personal credibility is most
important to run right business.
Finally, being passionate and enjoying the
game is important or else you will lose
the steam to continue your pursuit to
achieve your goals and the success at
end.
Opponents - Competition
Powder on the Board – Team
Direction Indicators – Directions
The Game
We like to play and play hard, be it at
work, business or at home.
Carrom is a "strike and pocket" table
game of Eastern origin similar to billiards
and table shuffleboard. The objective of
play is to use a striker disk with a flick of
the finger to make contact with and move
lighter object disks called carrom men /
pawns, which are thus propelled into one
of four corner pockets. The aim of the
game is to pot (or pocket) one's nine-
carrom pawn and the Queen before your
opponent. It is a very popular game in
India, Nepal, Sri Lanka and surrounding
areas.
Carrom is a tad different and can be
played as an individualistic game where
you compete with other three people
playing around you or can be configured
to be a team of two players playing with
the rest two. In short, it can be an
individual or a team game.
Well, I am not here to talk about the
games that we play but what I have
observed and understood from it.
A Carrom board is a level playing field
that gives equal opportunities to the
players to achieve the goal. The field is
generally finite with boundaries and set
targets.
In business, we have market share and
size that determines the goal and
regions, which provides the boundaries to
work within. Once you know what you
want to play, you also need to know
where and how to play to be more
effective.
I am a firm believer that god sent us all
with equal brains not keeping colour, sex
and religion. The way we condition it to
work for our benefit is the path we
choose.
To achieve anything in life, you need a
goal. In Carrom, the goal is in middle of
all the pawns. You may clear all the other
The Carrom Board – Playing field
The Red Pawn / Queen – Goal
PM in Non Traditional Area Lessons from aCarrom Board Game
- Sumukha Rao
Page 7
Volume - 4 - Issue 2 May 2016
Chapter News ... continued from Page 1
Leadership Lessons ... continued from Page 2
PM Industry Symposium ... continued from Page 5
A. involves (1) identifying the price at which
a product will be competitive in the
marketplace, (2) defining the desired
profit to be made on the product, and (3)
computing the target cost for the product
by subtracting the desired profit from the
competitive market price. The formula
Target cost is then given to the engineers
and product designers, who use it as the
maximum cost to be incurred for the
materials and other resources needed to
design and manufacture the product. It is
their responsibility to create the product
at or below its target cost.
[
Target pricing is the method that
Source - Internet]
PM Member's Corner
We had 71 new members and 97 members renewed their membership in April'16. PMI Bangalore India
Chapter welcomes all new members and Thanks members who have renewed their membership.
EEP Update: Members who missed to renew their membership post July 2015 can still avail membership
fee benefit of $65 as part of Economic Exception Program, Renew your membership today.
Appended is the list of few FREE web-based seminars (webinars) for May 2016, we have shared same list to
your registered email; this is a good opportunity to earn PDUs and maintain your credentials.
For any queries or suggestions, please write to
contact Balakrishna Kasibatla, VP Membership, PMI Bangalore India Chapter
PM Industry Symposium 2016: nd On 22
April 2016, the Chapter organised a
Symposium on "Excellence in Construction
Project Management". This was focused on
Engineering and Construction professionals.
The conference was held at Hotel Leela
Palace and was attended by nearly 160
delegates and special invitees. Highlights of
the same is covered in this edition under
“PM Industry Symposium 2016” section.
PM Poster Sessions
We had four expert speakers who shared their case studies and expertise to
the audience.
Mr. B. R. Nagaraj of Home Inspektor showcased the service offering which is
highly customizable and helps new home owners to audit and inspect their
homes before occupation. The Home Inspektor is readily configurable service
and is ably supported by highly qualified SMEs. Mr. Nagaraj explained the
advantages of a structured approach in evaluating properties and ensuring
they remain in impeccable condition.
Mr. Nambiappan of AACE International took project controls process to the
next level by explaining in detail about how a standardized approach will help
projects be successful. He explained with case study the application of the
TCM framework which recognizes Earned Value Management as a tool for
integrated projects control. Mr. Nambiappan explained the ANSI/EIA standard
which is based on 32 criteria which are guidelines for implementing an EVMS
based management system.
Mr. R. K. Gautham of responsecities.org made a very interesting
presentation on how smart cities development agencies should pursue their
objectives. He presented the interventions which are very necessary to ensure
smart cities function smartly – for e.g. digitization, use of ICT and sensors,
establishing command and control centers and lastly use of technology to
create analytics through incessant data collection.
Mr. Tony Jacob, an experienced project management professional,
demonstrated the importance of lean construction through his case study.
According to him, systematic approach towards planning and awareness of the
team on sequential project activities goes as long way in cutting down
redundant activities and eliminating waste. Daily variance analysis helps in
adjusting the project progress and ensuring continuity of long term goals. Risk
planning is also the most essential component of this exercise which resulted
lesser cost escalations.
It is also said that he wanted to share a
helmet of water when he and his army were
tormented with thirst. From the lists there
seem to be qualities not demonstrated or at
least not recorded in history.
One weakness we probably can say was his
expectation from his army. They actually
ended his conquest by refusing to move with
him forward, but wanted a break and go
back home.
Perhaps my friends can add more traits, and
I will be thankful and I especially thank
Konstantinos Kontzialis & Grigorios
Nikolopoulos for pointing out present
locations.
18-May-16
Date
19-May-16
20-May-16
25-May-16
25-May-16
26-May-16
1:00 PM EDT
Time Description Remarks
3:00 PM EDT
12:00 PM EDT
12:00 PM EDT
1:00 PM EDT
12:00 PM EDT
Facilitation Skills for Those Tricky
Meeting Situations for Project Managers
Project HEADWAY: Adapting Project
Management For The Real World
Kaikaku - Projects in Innovative
Environments
March Book Club - Project Management,
Denial, and the Death Zone: Lessons from
Everest and Antarctica
Managing Underperforming and
Unmotivated Employees
Kick Off Your Project for Success!
Free for PMI/ProjectManagement.com
members
Free for PMI/ProjectManagement.com
members
Free for PMI/ProjectManagement.com
members
Free for PMI/ProjectManagement.com
members
Free for PMI/ProjectManagement.com
members
Free for PMI/ProjectManagement.com
members
8 Page
Volume - 4 - Issue 2 May 2016
PMI Bangalore India Chapter# 13, Suryastan Apartments, Andree Road, Shanthi Nagar,Bengaluru - 560 027, Karnataka, India
[email protected] +91 80 6583 3671, +91 80 2211 5772, +91 98868 14078http://www.pmibangalorechapter.org
ValueWorks; [email protected]
PM Essence
Disclaimer
“The mission of PM Essence is to facilitate the exchange of information among professionals in the field of
project and program management, provide them with practical tools and techniques, and serve as a
forum for discussion of emerging trends and issues in project management. PM Essence is YOUR
Newsletter and Bangalore Chapter welcomes story ideas and/or suggestions to make it still better. More
information can be found on the Chapter's website.”
All articles in PM Essence are the views of the authors and not necessarily those of PMI or PMI Bangalore
India Chapter. Unless otherwise specified, it is assumed that the senders have done due diligence in
getting necessary copyright and official clearance in respect of all letters and articles sent to PM Essence
for publication. PMI Bangalore India Chapter is not responsible for loss, damage, or any other injury to
unsolicited manuscripts or other material.
Technology Support : Ramesh Chandra Pathak, PMP
Editorial Assistance : Smita Joshi Pant, PMP
The Lighter Side of PM
In todays' fast paced and turbulent business environment, sensing changes and
responding with equal speed is proving to be a critical factor for success. Thanks to
social media and aggressive marketing, market developments and fast changing
technological advancements which influences customer's decisions. Due to this fast
pace of development and short-lived expectation of the market, the time available to
respond to changes has drastically reduced. The Trained workforce must be abreast
with the developments in the industry and enabled with implementation of
technologies that minimizes time between data collection, analysis and decision
making that support organizations to respond to market situations. The technology
also needs to move away from conventional data from forms to data from
unstructured market sources like the social networks, IOTs etc.
From the above it is clear that the measure of “Enterprise Agility” hinges on four major factors –
Organization Design to create an Agile and Evolving enterprise – some of the key indicators are (a) Simplified Strategies, (b)
Lowered Decision Making, (c) Collaborative Partnerships, (d) Risk Management
Clear Product Development Strategies - some of the key indicators are (a) Innovation and Product Envisioning, (b) Agile
Development, (c) Managing evolving requirements
Leverage of Technology - (a) Technologies for customer involvement, (b) Technologies for data collection and analysis, (c)
Technologies for Marketing and Support, (d) Technologies for Distribution
Enabled Workforce - (a) Nurturing participation and innovation, (b) Health and Well-being, (c) Learning and Growth, (d) Best
Practices and Knowledge Management
Project Management Practitioners' Conference 2016 (PMPC 2016), hosted by PMI Bangalore India Chapter, will focus on various facets
of the Project Management practices that have been or will be a game changer in achieving enterprise agility.
•
•
•
•