project management and scm training & certification
TRANSCRIPT
Project Management and SCM
Agenda About IIMM
About RIMSR-Brenau University, PMI USA
Project Management
Supply Chain Management
Interdependence of PM & SCM
Skill sets of Project \ Purchase Professionals
Training & Certification
Indian Institute of Materials Management- SCALE Academy Bangalore
IIMM – Indian Institute of Materials Management Non-profit organization, National Headquarters
at Navi Mumbai, about 50 branches & 20 Chapters across India.
The only professional organization in the Country in the field of Materials Management / Supply Management.
10,000+ members across industry sectors (Bangalore, Mumbai branch has 1000 + members)
Charter Member of International Federation of Purchasing and Supply Management (IFPSM), – USA
Core Areas of Operation Education
Professional Development
Technical and Industry Events
Training & Member Certification
E-Learning Courses
Industrial Consultancy
Visit www.iimm.org
Rangnekar Institute of Management Studies and
Research
ABOUT RIMSR Rangnekar Institute of Management Studies and Research (RIMSR), is a
dedicated center for quality management education. Visit www.rimsr.in
It is an affiliate of Brenau University, Gainesville, Georgia, USA. Visit www.brenau.edu
RIMSR offers Post Graduate Diploma in Project Management recognized by PMI USA, MBA from Brenau University, Georgia USA, Study Abroad program on International Business for PG students, Final year UG Students, Professionals, MSME
RIMSR also conducts regular Corporate training programs, EDPs,
• Scholar Experts drawn from industry, banking, infrastructure companies, academic institutions and training centers are the faculty members of RIMSR.
• Highly experienced in their areas of specializations with good teaching skills. Faculty members are screened and accredited by Brenau University.
RIMSR’s Faculty
BRENAU UNIVERSITY USA Fast Facts
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For the sixth consecutive year the magazine U.S. News & World Report ranked 133-year-old Brenau University among the top 10 best education values in the Southeast.
Awards, Rankings, and Recognition of Brenau University
The Princeton Review has consistently listed Brenau as one of the "Best Southeastern Universities."
One in top 10 Universities in the United States in the area of Project Management.
Project Management
A project is a job that has to get done.
It has an identifiable end-point.
Typically a project refers to a set of interrelated activities, usually involving a group of people working together on a one-time task for a period.
Time is the essence of a project.
What is Project Management?
The life cycle of a typical project comprises four distinct phases:-
Planning
Build-up
Implementation
Phase-out
Each phase has its own set of objectives, activities, tools, and skills.
What are the Phases of a Project’s Life Cycle?
The Project Manager needs to recognize the objectives, prepare for the activities, and use each set of tools and skills as needed.
In brief, Project Management is a set of principles, methods, and techniques to establish a sound basis for scheduling, controlling, and modifying a project.
National Board of Accreditation has prescribed 12 Graduate Attributes for the Engineering students, they are 1) Engineering knowledge 2) Problem analysis 3) Design of solutions 4) Conduct investigations of complex problems 5) Modern tool usage 6) The engineer & society 7) Environment & sustainability 8) Ethics 9) Individual & team work 10) Communication 11) Project management 12) Life-long learning
What is Project Management?
A Manager, day-in and day-out handles either tasks or projects.
In a task, objectives are clear, the methodology is established, resources are well allocated, outputs are defined, and the timeline is fixed.
On the other hand, in a project while the objectives are clear and the timeline is fixed, the rest of the factors are rather fluid.
Differentiation Between A Task and A Project
Therefore, a project throws-up more and complex challenges to a Manager.
Handling these challenges, and surmounting them brings out the best in a Manager and differentiates ‘the good and the mediocre’.
when you recruit Procurement \ Project Manager will you Hire Character; Train Skills." or 'Hire Skills, Character can be moulded
Differentiation Between A Task and A Project
It is roughly estimated that the work of a Manager involves 80% of tasks and 20% of projects.
Whereas, in terms of timeline, a Manager spends 80% of his time handling projects and the rest in carrying out his tasks.
Thus, developing the required capacities in handling projects is vital for a manager to succeed.
Differentiation Between A Task and A Project
The following statistics highlight the success rate of project execution in the Indian context:-
India has targeted to invest US Dollar 500 billion+ in infrastructure by the end of the 12th plan period.
However, the country has consistently fallen short of meeting such targets.
It is estimated that the average rate of awarding projects has been around 70% of the planned rate.
Further, as per the data it is estimated that a majority of projects, close to 60%, suffer from time and cost overruns.
Success Rate of Projects In India
Inefficiencies in implementing infrastructure projects in India occur at all stages. This includes:-
Awarding projects as per plan targets
Securing financial closure
Executing projects with in cost and time.
Deploying Trained and Qualified Project Management Professionals
Regular reviews and Corrective \ Preventive Actions
Success Rate of Projects In India
If the current trend continues, it is estimated that India could suffer a GDP loss of US Dollar 200 billion, that is around 20% of its GDP.
In addition, could lose up to US Dollar 160 billion as the industrial productivity gets impacted for lack of infrastructure.
Success Rate of Projects In India
It is estimated that the losses that accrue at various stages are as below:-
Because of shortfall in awarding projects as per plan could result in net US Dollar 100 billion loss to the GDP.
Time and cost overruns in project execution could lead to another US Dollar 80 billion loss.
Capital constraints may account for a loss of US Dollar 20 billion.
Success Rate of Projects In India
India does not compare favorably with other countries in executing projects.
It is estimated that each project suffers from 20 to 25 percent time and cost over-runs.
While in some sectors this is as high as over 50 percent.
It is this scenario that makes Professional Project Managers and Procurement Managers critical in the Indian situation.
Success Rate of Projects In India
Supply Chain Management
What is SCM? Supply chain management (SCM) is all the
activities that take place to get a product\ service into the hands of a consumer
From the time of raw materials extraction, through production, distribution, retailing to the minute the customer buys the product/service, it is all managed by SCM
Source: www.careersinsupplychain.org
Example of a Supply Chain
How SCM & Project Management help Business?
Improve Customer Service
Reduce Operating Costs
Enhance Financial Position
How SCM & Project Management help Society?
Improve Quality of Life
Reduce Wastage
Provide more Employment
Opportunities in SCM & Project Management
Manufacturing
Infrastructure Projects
PPP Projects
Logistics and Services
E-Commerce
Telecom & IT
Entrepreneurship
And many more ……
Project Management and SCM –The Interconnect
Projects and SCM Large projects involve significant amount of
activity and use of materials & Services Construction Infrastructure Ship-building Aerospace and Defense Engineering & Telecom Research & Development
Several of these project are of long duration and involve large investments
SCM Activities Long and short-term planning,
Forecasting & review with Projects,
inventory management
procurement
Logistics
PPC management
material handling
customs clearing, compliance
warehousing.
Costs In many industries, materials & Services costs
vary from 50 – 80% of total costs
Logistics costs vary between 10-30% in projects
SCM costs are therefore a significant part of project cost
Price Estimation of A & B class items \ services for complete period of the project is major challenge
SCM Techniques Strategic sourcing
Supplier Relationships & long term contracts
Category and Spend Management
3PL and 4 PL
E-procurement & Reverse Auctions
Green Purchasing
JIT, Asset & Inventory Management tools.
The Interconnect Project management techniques for SCM
planning
SCM techniques for project cost management
Regular Reviews and Dashboards
Deployment of Trained & Certified Project and Procurement Managers.
Deployment of IT tool to give end to end visibility for stakeholders
Hard Skills for better careers
As Project Management is a craft, Managers can be taught and prepared with the skills, knowledge, tools, and techniques of effectively managing and executing a project.
Therefore, it is important for Professionals to undergo focused training in Project Management.
To ensure that Managers have acquired the required skills and knowledge in effectively handling and executing projects, there is a body, namely ‘The Project Management Institute (PMI)’.
The PMI is a world-wide body and is head- quartered in the state of Pennsylvania in the USA.
RIMSR \ Brenau University USA offers PMI certified eLearning courses PG Diploma in Project Management, MBA in Project Management.
Developing Project Managers
The PMI certifies a Manager as a ‘Project Management Professional (PMP)’. To be a PMP, one has to pass an examination conducted by the PMI.
Brenau University/RIMSR, is one such accredited institution which offers comprehensive programmes in Project management.
Acquiring PMP certification is a hard skill for professionals
Developing Project Managers
SCM Education Sourcing Stream
Materials and Planning
Logistics Stream
IIMM provides Foundation Programmes for beginners and Advanced Programmes for working professionals in these streams and member certification.
IIMM SCALE Academy conducts regular workshops, seminars, B2B events, Research.
For more information …. Project Management:
Harsha Kestur, Director, RIMSR
[email protected] or [email protected]
www.rimsr.in
Supply Chain Management:
C.S.Venkatesh, E-learning Partner, IIMM or [email protected]
[email protected], [email protected]
www.iimmcourses.com, www.iimm.org
THANK YOU