Project trends 2021

World over the way people work have changed. Organizations are forced to re-think their business strategies to survive first and then to grow in a new world order characterized by;
  • Organizations sparing no opportunity to maintain / improve bottom lines
  • Organizations trying to go-global looking for new markets for existing products and services
  • Organizations rapidly innovating new products and services for their current markets and beyond
  • Organizations leveraging the gig economy

In a nutshell, everything in the corporate environment have become dynamically agile, where business owners are trying their best to maximize return on their investments. As a timely coincidence, leading organizations like the Project Management Institute (PMI) started their initiatives long back to converge the Predictive and Agile Project Management best practices, as if they could foresee the forthcoming new world order well in advance. All these have major impact on how we collaborate and work on projects. The concept of permanent employment have already become a matter of the past, as organizations are actively seeking flexibility in resourcing to optimize costs.

People with proven skill sets and the ability to learn fast with good work ethics will be sought after. Professionals with the ability to deliver value at the right time, with almost zero supervision, working remotely will be in demand globally. The geographical constraints of employment will become almost zero for the right people who can proactively identify the new opportunities and gear up. In this new world order, our professional profiles matters a lot to market ourselves. You are a brand, and that brand has to be continuously nourished to be in demand. This is the right time to equip yourself with new in demand skills supported by globally acknowledged credentials. Project Management 2021, is all about highly skilled, motivated individuals, working on their projects of choice as self organizing teams, demonstrating high degree of work ethics.

Get ready and embrace the Change !

PMdistilled PMP fastrack program

Scholarship for PMP Certification

We are announcing scholarships for PMP certification, especially for those whose jobs are affected due to the pandemic, and their qualification and experience satisfies all the criteria prescribed by the Project Management Institute (PMI) for PMP certification.

To start with, every month we offer free education to two professionals, who are the most deserving based on their professional track record and the present professional status.

If you really feel that a PMP certification will improve your career prospects , and if you are committed to put in the required effort to complete the PMP preparation course, then apply. It will take approximately 40 hours to complete the course. Upon successful completion of the course you will awarded 40 hours course completion certificate by PMRI.

You can apply by contacting us with a link to your linkedin profile.

We thank our sponsors for supporting us.

Best Wishes

team @ PMRI

Note : This Scholarship covers the 35 contact hours training. The PMP exam fees is not covered as of now. Hopefully we will be able to cover that as well in the future, as we get more sponsors for scholarships.

If you are interested to sponsor a Scholarship, Contact us

Get Scrum (Agile) certification in 1 hour

SCRUM is the most popular framework among the agile family of frameworks like XP, Crystal, SAFE, Disciplined Agile, TDD etc. Scrum is simple and domain independent. With PMI promoting Hybrid project management which allows the combination of predictive and agile project management, knowledge of agile is becoming mandatory for all project managers irrespective of their domain.

We are offering this free one hour on demand scrum training to help all those who want to understand agile. The best method to master Agile is to master SCRUM completely before trying to learn all the jargon and best practices available in the agile world. Instead of remaining as a jack of all agile frameworks and master of none, this training will help you to be master of scrum before getting into everything out there.

Upon successful completion of this course, you will learn;

  • Roles and responsibilities of;
    • Scrum master
    • Product owner
    • Development team
  • Scrum ceremonies like;
  • Sprint planning meeting
    • Daily Scrum
    • Sprint review
    • Sprint retrospective
  • Scrum artifacts like;
    • Product backlog
    • Sprint backlog
    • Definition of done
    • Product increment

Start your agile journey now… Click here

The Top 5 Highest Paying PMP Jobs

Here is a well researched article about the value of PMP certification. This is to all who still debates about the value of it. After having trained more than 10000 professionals from various countries, I have seen many experienced project managers not qualifying for some great jobs because they are not PMP certified. Iam not saying that all PMP certified project managers are great. Like every other profession, your greatness is determined by the results and PMP credential along with your experience and drive will improve your career success prospects.

Click the link below to read the recommended article.

https://blog.capterra.com/top-5-highest-paying-pmp-jobs/

Project Management Certifications. Which one to pursue?

Which project management career / certification to pursue?..that is a million dollar question which every professional face, at some point in time of their career.  The social media is quite misleading as new certifications are popping up every other day. This discussion is to clear the clutter while deciding on which project management certification to pursue for those who wants to advance their project management career.

Broadly speaking there are two major streams in project management;

  • The Agile project management
  • Traditional project management

Both streams are valuable, and complementary.  Which one will give you the fastest return on investment depends on;

  • The industry to which you belong to
  • The industry where you want to spend your future
  • The country where you will be working

Decision#1 – Choosing between Agile stream and the Traditional Project Management stream

Before choosing the streams, it will be better to understand what is agile or adaptive project management and the traditional project management. Agile comprises of a family of frameworks like Scrum, XP, SAFe etc. The similarity across all these frameworks is the iteration spanning not more than 30 days. The total road map of the product is split into multiple iterations (sprints) not exceeding 30 days. Every sprint starts with a sprint planning meeting and ends with a sprint review. All these frameworks recommend a daily stand up meeting to quickly review the status of the project. Though it is much more complicated than this, as an introduction this much knowledge is sufficient. Agile frameworks are ideal for projects where requirements are continuously evolving and the technology is also new to the team. Hence, they are best fit for new product development.

If you want to know more about agile using scrum, click here

The traditional project management frameworks like (PMBOK, PRINCE) revolve around the famous Plan-Do-Check-Act (PDCA) life cycle. They are ideal for projects where the requirements are frozen and are very difficult to change. For example, in construction projects, the engineering discipline does not allow for change hence requirements must be frozen upfront.

If you want to learn more about traditional project management, click here

So, unlike many, I am not interested to discuss which one is better. It depends on the nature of the projects you are handling. While for some projects agile is the best fit, for certain others traditional project management is best.

  • If you are working on EPC (Engineering, Procurement & Construction) intensive projects, then select the traditional project management stream.  Most of the construction projects falls into this stream.
  • If you are working on new product development projects where requirements are evolving and the technology is also new, then select Agile stream. Most of the I.T projects falls into this stream.
  • If you are from the construction project back ground, or intend to build your project management career in the construction industry, then choose the traditional project management stream.
  • If you are from I.T projects, or R&D projects or intend to build your project management career in I.T or R&D then choose the agile project management stream.

The globally well known certifications for project managers

Traditional project management certifications 

Agile project management certifications 

  • Certified Scrum Master (CSM), by Scrumalliance
  • Professional Scrum Master (PSM) by Scrum.org
  • Agile Certified Practitioner (ACP) by PMI-USA
  • Scaled Agile Frameworks (Safe)

If you are from the information technology domain, it is better to with any one of the agile certifications straightaway. The certified Scrum Master (CSM) by Scrumalliance is expensive and has the early starter advantage, where as PSM is not that expensive, and at the same time it is very authentic, because it is coming from Ken Schwaber’s Scrum.org. For those of you who do not know Ken Schwaber, he founded scrum along with Jeff Sutherland, and both of them together developed the scrum guide, which is the most authentic documentation on scrum, becuase it is coming from the founders. The syllabus for these two certifications (CSM and PSM) are the ScrumGuide, and upon completion of the certification process, one will have the proficiency to play the role of a scrum master (project manager, in the traditional forms).

Then we have the PMI-ACP certification. The syllabus for this certification is a cocktail of all the frameworks available out there and calls for;

  • Complete understanding of  SCRUM
  • A very good understanding of Extreme Programming
  • Some key concepts like earned value management, risk management, communications management from the project management body of knowledge (PMBOK)
  • Complete understanding of Agile body of knowledge

After getting anyone of the agile certifications, then try for PMP credential. Without a proper understanding of the ten knowledge areas of PMBOK;

  • Integration management
  • Scope management
  • Time management
  • Cost management
  • Quality management
  • Communications management
  • Human resource management
  • Risk management
  • Procurement management
  • Stakeholder management

one will fail, when it comes to real life project management. More than that, while the future holds good for the Agile, many customers insist on PMP’s to manage their projects. If you are from the I.T background, these two certifications are mandatory. Start with agile, and then graduate into PMBOK. Both complements.

If you are from any other domain, other than I.T, then the options are either PMP or PRINCE2 or the AACE certifications.

Since the origins of PRINCE2 are from U.K, it is appreciated there, and the rest of the world is with PMP. So, based on where you are, and where your customers are, you have to decide.

AACE Certifications

Please post all your additional queries as comments to this page, and I will reply.