The Project Manager’s Association (PMA) has urged the government to recognise International Project Management Association (IPMA) standards and certifications to check losses on account of project delays. “There are reasonable awareness among both private and public sector companies for the need for project management professionals, but not many professionals are forthcoming as the certification is not yet recognised here. India should recognise the IPMA standards on project management,” PMA president A S Pillai told PTI.
Already 68 countries, including China, globally recognise IPMA standards, he said. Project management can help India save loss of Rs 1.71 lakh crore, Pillai claimed. Pillai said, “India is a growing economy and the success of leading programmes like ‘Make in India’ is vital for maintaining growth trajectory of the nation. In order to realise this, it is pertinent that we follow the proven methods and techniques of Project Management, to control time and cost overrun.”
He said in the past Programme Implementation ministry had hired consultants to study problems and projects delays. “It is sad that the country is losing such humongous amount only due to inefficiency and training skills. We can help the government to escape this by training professionals through PMA,” Pillai said. PMA is currently training The Delhi Metro, Indian Oil Corporation and National Thermal Power Corporation.