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Project Management – Talent Management, Global, 2013
Presented by
Hari Prasad Thapliyal
Agilest & Project Management Trainer, Coach & Consultant
(MBA, MCA, PGDOM, PGDFM, CIC, PMP, PMI-ACP, CSM, SCPO, SDC
PRINCE2-Trainer, Scrum Certified Trainer, Microsoft Certified Trainer, ZED Master Trainer)
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This presentation is based on
PMI’s Pulse of the Profession In-Depth Report:
The Competitive Advantage of Effective Talent Management, March’2013
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Future of Project Management Profession
• Prior to 1960 all senior management jobs were performed by general graduates. Good and not so good manager existed that time
• Post 1960 MBA started and today it is unthinkable that a simple graduate managing a company business
• Time is coming when it will be unthinkable to manage a project without project management skills
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• Between 2010 and 2020, 15.7 million new project management roles will be created globally across seven project-intensive industries
• It will lead to economic growth to US$ 6.61 Trillion
• If skills sets are not developed then US$344.08 billion in GDP will be at risk.
Future of Project Management Profession
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1. Oil & Gas
2. Power
3. Roads & Bridges
4. Ports & Shipping
5. Civil Aviation
6. Urban Infrastructure (Electricity, Water, Buildings etc)
7. Railways
8. Steel
9. Telecom
10. Information Technology
Project Management Intensive Industries
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$ at RiskMoney at risk due to non-alignment of Talent Management to Organizational Strategy
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Impact of Poor Skills
Inability to fill key roles with required skills is leading to
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Project Management Skills• 66% organizations found the greatest difficulty in finding resources with adequate technical project management
skills.
• 90% organizations believe that technical project management skills and strategic and business management skills are teachable
• These organizations are searching for talent with good leadership skills whose technical project management and strategic and business management skills can be honed through training.
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Level of Alignment
Level of Alignment between Talent Management and Organization Strategy
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Financial Benefit of Alignment
Financial Benefit of Aligning Talent Management to Org Strategy
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Additional Benefits of Alignment
Additional Benefits of aligning talent management
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Talent Management MethodsHave Various Talent Management Offerings
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Talent Management MethodsHave Career Path for Project Manager Employees
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Talent Management MethodsIntegrated Talent Management Across the Organization
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Talent Management MethodsMeasure Talent Management Outcome
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India’s Infrastructure Blitz
• $ 1000 bn: The amount India plans to spend on infra between 2014 and 2017
• 22%: The rate India’s infrastructure industry grew between 2008 – 2009
• 41%: The portion of infrastructure project completed in India between Apr’1992-Mar’2009 that faced cost overruns
• 82%: The portion of projects in that time period that missed their deadlines
• 74%: Believe that the shortage of PM is the main factor influencing infra project delivery
Source: Study on drivers of success in infra projects 2010, PMI & KPMG : PMNetwork: Jul’2010
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India Infrastructure Investment 2014-2017
Housing , $300 , 29%
Security, $160 , 15%
Education, $150 , 15%
Healthcare, $120 , 12%
Roads, $100 , 10%
Power, $120 , 12%
Sanitation, $40 , 4% Water, $30 , 3%
Source: From the Report, prepared by Booz & Company in association with Cisco Systems for CII
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Demand vs Supply of PMs• How we are going to meet this huge demand of project managers who should manage $
1000 bn projects?
• How many rightly experienced people are available today?
• How many rightly educated people are available today?
• Many projects (especially education, health) are managed by NGOs
• Do Indian NGOs have required project management skills?
• Do PSUs & Indian government departments have project management skills
• Efforts in PM education, certification & experience can fill the gap.
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