This document discusses the need for students to learn project management skills. It notes that graduates will take on more responsible roles requiring them to manage complex projects. However, many IT projects currently fail or run over budget due to a lack of project management expertise. There is a large shortage of project managers that is expected to grow further. Learning project management skills can help graduates be more successful and marketable for high-paying career opportunities in growing fields like IT, BPO, and KPO that increasingly rely on project management.
2. Once it was enough to give the computer program graduates the required technical skills.
3. For graduates to be successful in the 21st Century, it is essential to give them the knowledge and skills they need to face the challengesof the century.
4. But the successful graduate can expect to serve in more and more responsible positions as they progress in their careers.
5. Many of the responsible positions will involve projects and, with time, our graduates may well be involved in more and more complicated projects, possibly becoming a project manager.
6. Infosys Technologies Google India Tata Consultancy Services IBM Microsoft India Wipro State Bank of India Bharti Airtel HP India HDFC Bank TOP TEN COMPANIES IN INDIA
7. 62 % of organizations experienced IT projects that failed to meet their schedules 49% budget overruns 47% higher-than-expected maintenance costs 41% failed to deliver expected business value and ROI 25%+ of all software and services projects are canceled before completion up to 80 percent of budgets are consumed fixing self-inflicted problems Two Reasons Why IT Projects Fail Reports:
14. 200K 1998 300K 2001 500K 2002 ?? 2011 More & more IT projects are starting each year
15. WE ARE IN NEED OF APPROX 5,00,000 PROJECT MANAGERS IN NEXT 5 YEARS INDIA HAS 450 PM COMPARED TO CHINA’S 6000 PM(Infrastructure sector) Conservative estimate Private sector needs 10,000 PM in next 2 years Public sector needs 15,000 PM in next 2 years BIG PROBLEM
16. Project Management Exciting career opportunities Today, PM is a Profession….Has international associations (US,UK,AUS…) More than 75% IT executives admitted that lack of project management skills was a major issue for them-Meta Group. BPO & KPO Sectors From current head count of 7,00,000 to go up to 10,00,000 by 2012 (PM Head count could be 5% of employees based on current data) IT Sector Employs 1.3 million which is expected to increase by 3,00,000 every year for next 3 years and to grow @ 25% annually (PM Head count will be 10% of employees i.e1,00,000 employees
17. To that end, we would be remiss not to consider Project Management as a part of our computer curriculum.
19. PMI and the PMBOK www.pmi.org PMI is the world’s leading not-for-profit membership association for the project management profession, with more than half a million members and credential holders in 185 countries
21. An R.E.P. is an organization approved by PMI to issue professional development units (PDUs) for its training courses.
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23. SO WHATS THE POINT ? IT/Management Graduate need professional project management knowledge
24. WHY SHOULD YOU DO IT Marketability As PM skills are in great demand as it indispensable for business results Applicability Across industries and functions
34. Do a professional course or Do a Professional certification course and Do an international certification and expand your level of expertise -Certified associate in PM(CAPM) Graduate+ 25hours of formal training -Project management professional(PMP) Graduate+3years exp+35 hours of formal training Preparing for a PM Career