August 2018

PM Openspace December-2019

PM Openspace December-2019

August 2018
PM Open Space is the initiative and brain child of PM Practitioners started in 2016 by PMI Bangalore Chapter with collaboration, sponsorship and active involvement from like-minded corporates – ABB, HPE, Huawei Technologies India and SAP Labs India, in which, proven achievers share their success story and details of contributing factors in addition to detailing accomplishments working in Global markets. UST Global has come on board as a supporting organization in Q4 2019 The speakers are drawn from innovators, history-makers and those in a position to take decisions which would blaze a golden trail in the corporate and societal world. These are actionable sessions led by practitioners from organizations that can share tangible best practices that we

Did you know?

August 2018
Did you know? Q : What does the term "Boring under Chicago" mean? A :Elon Musk's The Boring Company could soon have their first commercial product off the ground, or, should I say under it. The City of Chicago has just chosen Musk's company to fund, build and operate two underground tunnels to connect the Chicago O'Hare airport, one of the world's busiest, to downtown Chicago. The tunnels would have electric pods built by Tesla running every 30 seconds or so, carrying up to 16 passengers and luggage at speeds of 150 Kms per hour. It is slated to reduce the average time taken to go to airport from downtown from 40 to 12 min. The next stage is contract negotiation and if the necessary approvals come on time, Musk expects construction to start in 4 months and finish by two years. Remember t...

Member’s Speak

August 2018
I have been associated with Legal domain and industry, for more than a decade. Learnt that PMI is great platform for learning project management techniques. Hence I joined PMI Bangalore Chapter - Mr. Kanishk Agarwal, Director, Judge.com My immediate step is get PMP certified. I am aspiring to be a program manager, hence joined PMI Bangalore chapter, to learn and grow - Mr.  Babar Ahmed, Senior Advisor, Dell international To complete PMP certification, PMI Bangalore chapter would provide the required platform - Mr. Shital Kumar Alatage, Content Specialist, Thomson Reuters Completing PMP certification is relatively easy, if you are part of PMI Bangalore chapter, as you can network with professionals with similar interests - Mr.  Shanmugam Ammasi, Project Manager, Robert Bo...
PM Member’s Corner

PM Member’s Corner

August 2018
PM Member’s Corner Muktesh Murthy We welcome all new members and thank members who have renewed their membership in July 2018. Appended is the list of a few FREE web-based seminars (webinars) for August 2018, we have shared same list to your registered email; this is a good opportunity to earn PDUs and claim at PMI to maintain your credentials. 1 08-Aug-2018 11:30 pm Organizational Resilience: How to Thrive Not Just Survive Major Change 2 10-Aug-2018 08:30 pm Ethical Decision–Making Research for Global Teams 3 10-Aug-2018 10:30 pm June 2018 Book Club Q&A Closing Webinar - Practitioner's Guide to Program Management 4 24-Aug-2018 12:30 am Project HEADWAY: Rethinking PM Education · Click on the Webinar link to be directed to the site. · Free PDUs https://www.projecttimes.co
PMI Educational Foundation – (PMIef)

PMI Educational Foundation – (PMIef)

August 2018
PMI Educational Foundation – (PMIef) PMI Bangalore India Chapter recently concluded 13th Annual Project Management Conference in Bengaluru. The focus of the conference this year was on “Value Creation”. PMPC 2018 brought various thought leaders, industry experts, and professionals during the conference to discuss strategies to transform organizations, jointly visualize future technologies along with leadership alignment required to sustain which in turn brings value for the Business and to the individual. A well planned, well organized and a well-structured Project Management conference attended by more than 700 delegates from various industries. There was also a stall for PMIef this year. PMIef’s core belief is “that Project Management education increases people’s potential to transform
PM Open Space event at ABB Ability Innovation Center

PM Open Space event at ABB Ability Innovation Center

August 2018
PM Open Space event at ABB Ability Innovation Center Contributed by - Kingsley David PM Open Space - Industry Practitioners Community is a forum of industry practitioners from companies in and around Bangalore. PM Open Space is supported by organizations like ABB, Hewlett Packard Enterprise, Huawei Technologies India Pvt. Ltd. and SAP Labs, spearheaded by PMI Bangalore Chapter. Dr. R. Balasubramaniam, Founder, Swami Vivekananda Youth Movement and GRAAM was the speaker of the day. Dr. Balu spoke on "Exercising Enlightened Leadership". Dr Balu’s is deeply influenced by the teachings of Swami Vivekananda and many of his examples were revolving around their beliefs. He mentioned that the values of Seva (Service) and Tyaga (Sacrifice) and the values of Ahimsa (non-violence) and Satya (Truth)
Leveraging Project Dimensions for Better Requirement Management

Leveraging Project Dimensions for Better Requirement Management

August 2018
Leveraging Project Dimensions for Better Requirement Management - Nagaraja Gundappa What are Project Dimensions? The PMBoK (Project Management Body of Knowledge) lists three entities as project constraints – scope, cost and time. Also known as triple constraints or the iron triangle, these elements have come to be classified as project dimensions off late. The term dimension is more suitable as each dimension can act as a lever for the project using which we can guide the project towards completion. Each of these dimensions can be a driver or a constraint or a degree of freedom as explained below. The key to project success is in identifying what dimension is a driver, which dimension is a constraint and which dimension is a degree of freedom and always leveraging the degree of freedom t
Highlights of PMPC – Day 3

Highlights of PMPC – Day 3

August 2018
Highlights of PMPC – Day 3 Contributed by – Madhavan S Rao The 4th Industrial Revolution Micheal Isaac, Sr Project Manager - Volvo in his session on The 4th Industrial Revolution, shared a case study on Digital Transformation in the Manufacturing Industry. This pertained to the shop-floor Assembly line in an automobile manufacturing plant. It has cyber-physical systems with machines communicating with machines as well as the human operators. There are sensors that detect when work in assembly line on one work-center is completed and moved automatically to the next machine. This information gets automatically updated in the system and the control room dashboard shows a real-time view of the progress in the assembly line. This paves the way for decentralized decision making and eliminatio
Chapter News

Chapter News

August 2018
Chapter News Capt. L. N. Prasad PMPC 2018: The Thirteenth Edition of the Project Management Practitioners' Conference was successfully held on 12th, 13th and 14th July at NIMHANS convention Centre, Bangalore Nearly 650 delegates from various Industry attended the conference. The theme of the conference this year was "Architecting Project Management for Value Creation".  PM Footprints: During the month two PM Footprints session were held. On 5th July 2018, Mr. K Venkatachaliah Babu, Associate Vice President of INFOSYS, spoke on the topic "Leveraging Automation and AI technologies in making Project Management effective – few innovative solutions. On 19th July 2018, Mr. Sundara Rao Damaraju, Senior Project Manager EVRY India, spoke on the topic "Stop Doing Agile, Start Being Agile A
Editor’s Note August 2018

Editor’s Note August 2018

August 2018
Editor's Note Dear Readers, Strategy-Game on! Strategies are boardroom diktats. Let us call this a 'C' level strategy. The 'diktats' as they flow downstream translate to operational strategies that give wings to a 'C' level strategy. The success (of a 'C' level strategy) is truly in the execution of operational strategies. Over time, organisations that sustain are those that have viable 'C' level strategies that can be quickly resolved into operational strategies. GE and Toyota are good examples from the corporate world. Let us contrast this with the recently concluded FIFA world cup soccer. It is colourful, fun, emotional, and competitive. Amidst all the fun and frolic underlying is a game plan; strategy if you please.  One will be surprised to know that each team is mana...