PlayJect_PPT

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Experiential Project Management Learning & Assessment Platform

Learn. Apply. Assess.

November 8, 2013


Current State of Projects – What’s at Stake

Each year, for a firm which on average

manage $200 million in projects…

Each year, more than a third of their

projects – worth $74 million – are at risk of

failing.*

According to IDC, ―20-25% of IT projects fail to achieve the targeted

return on investment‖. It is comparable to most other industries.

*Source: PM Solutions Research (2011)


Project Management – Critical to Project Success

Almost all organizations surveyed*

(92%) rated the skill and

knowledge of the project manager

and project team members very

important (64%) or important

(28%) to the success of the

project.

Project Management Learning and Development efforts can

directly translate into improved project outcomes and improved

bottom-line - $$$.

*Source: PM Solutions Research (2011)


Project Management Learning – What is required?

Up to 90% of project management

learning and development activities in

the majority of organizations are

through traditional classroom and

computer based modes that –

1. Are Theoretical & One-way

2. Fail to recognize the experiential

and unique nature of IT projects

3. Fail to bridge the gap between

learning and its application

The challenge is to make Project management learning an Engaging

Experience that is Fun, Practical, and focussed on „Application‟.

*Source: Report by G2g3.com


What is PLAYJECT?

Experiential project management Learning

and Assessment platform that is -

1. Uniquely designed to simulate project

management experiences that are based on

real life complex situations

2. Incorporates global best practices in Project

Management espoused by PMI (Project

Management Institute). Products are based

on principles of PMBOK 5 and PMI Agile

Standards

3. Provides comprehensive dashboards with

actionable insights and intelligence for senior

management

“Games based experiential learning can significantly accelerate the transfer and

application of knowledge” - Gartner


How does it work?

PLAYJECT bridges the gap between „Learning‟ and its „Application‟ to real life

situations, resulting in faster realization of value to organizations.

Learn Experience

AssessPerform

PLAYJECT, with its unique framework LEAP, is designed to impact four

distinct and critical areas —

1. Learning new knowledge and

skills,

2. Gaining experience by applying

the skills acquired,

3. Competency Assessment

through active feedback, and

4. Translating learning into real

performance.


Evidence – Experiential learning in Project Management

Business is „Doing‟ - so is Project Management. And the best way to

accelerate understanding of Project Management is to experience and „do‟ it.

Traditional learning, which

tends to encompass only

the top 2 elements of

the has long term retention

rates of just 5-10%.

Experiential learning

effectively encapsulates all

areas of the pyramid –

which is why the retention

rates are so high at 80-90%.

Source: The Learning Pyramid, National

Training Laboratory, Bethel, Maine


PLAYJECT Advantage

Secure – Offers Complete Data security

and Confidentiality

Collaborative – Breaks down

silos and allows learners to

collaborate seamlessly

Dynamic & Emotionally

Engaging – Catches learners’

interest and is a lot of fun

Sustainable - Learning retention rates of

80-90%, compared to 5-10% based on

traditional classroom approach

Learning by doing - Allows

learners to practice in a risk free

environment

Relevant & Practical – Focused

on Project Management, Based

around realistic scenarios


PlayJect Architecture

1. PlayJect deploys, ―Real Games‖ and activities which can be played in either

individual role or multi player role.

2. The games allow for interactions between different users and also game

robots which create randomization of events.

3. These address the experiential nature of Real Projects experiences. The

actions taken by the user in response to the project scenarios enable

learning.

4. The user will work on a full project from end to end, creating the entire

project documents of about 2000 pages along with selection of contracts,

tracking project performances, learning all these critical project

management skills along the way and improving his/her decision making

skills.


Discovery Learning Embedded

HR

Plan

Risk

Plan

Scope

Plan


Experiential Feedback Embedded

HR Auditor

Quality Manager

PR Manager

Communications Head

Risk Manager


Thanks

Any Questions?

PlayJect_PPT

Documents

project management critical

project managementbusiness

project successalmost

nucleus group

traditional learning

evidence experiential

improved project outcomes

application of knowledge