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White Paper On The Urgent Need To Establish Project Management Program

Authored By
Project Management Institute
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Brief Information:
Academia must rise as one, to meet this urgent need

Today, project management ranks as the third most in-demand skill behind leadership and business analysis. Nearly one fifth (1/5) of the world's GDP (USD 12 trillion) is being spent on projects annually. And, project management has been identified as the primary factor behind successful projects - be it global businesses, governments or NGOs. This scenario conveys that the global economy itself has made a fundamental shift to a project- driven system. Not surprisingly, the world-wide demand for skilled project managers has been steadily growing over the last decade. In India too, with the thrust given by the government on developmental projects, the demand for project managers is expected to rise rapidly.

Learning Objectives:
Project management - a skill that is in great demand

It is logical to assume that the needs of any economy dictate the ebb and flow of careers. In a growing economy like India, the thrust is on developmental, nation building projects. The new government has announced several ambitious new projects like 'Make in India', in addition to a number of ongoing infrastructure projects including launch of Metro Rail in all the major cities, power plants, dams, seamless national highways, the Delhi - Mumbai Industrial Corridor and many more. The IT industry as well functions on a 'projectized' basis. Even for social projects to be successful, project management skills are absolutely essential.

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Teaching Notes