PMI Bangalore Chapter

Newsletter – May 2016

 
May_PMArticle_A1_2016

May_PMArticle_A1_2016

Newsletter - May 2016
PM Essence Leadership Lessions from Alexander the Great                                                                  -Raghavan Parthasarathy The saying in the picture clearly shows Alexander's views on leadership. He is clearly stating the importance of a leader here. We all are taught that Mission and Vision are important and basically Alexander the great and his soldiers knew their mission and Alexander too clearly communicated his vision (perhaps he called it a dream to go after). To dream and to perform great came naturally to him and this puts him as a great leader of all times. H...

May_PMArticle_A2_2016

Newsletter - May 2016
PM Essence Conference Management System for PMIBC                                                                  -CMS Team PMIBC PMI Bangalore Chapter (PMIBC) enjoys the status of one of the most active chapters in Asia with its series of programs and activities. What started as a couple of events at small scale, today, it has grown into multiple events at much larger capacity and is destined to grow further. The Project Management Practitioners' conference (PMPC) is one such example which has become today a much awaited event by Project Management Professionals every year in Bangalore. Managing...
May_PMArticle_A3_2016

May_PMArticle_A3_2016

Newsletter - May 2016
PM Essence                                        PM Industry Symposium 2016     Mr. Vijay Paul started the PM Industry Symposium for Engineering & Construction on “Excellence in Construction Project Management” with the welcome address and shared the challenges PMs face these days including environmental factors. He touched upon the point that PM should get out of all the constraints. 12% of cost invested in project goes waste because of poor project management. Even if a small (of about 3%) cost saving is generated by applying good project management practic

May_PMArticle_A4_2016

Newsletter - May 2016
PM Essence                Lessons from a Carrom Board Game - Sumukha Rao We like to play and play hard, be it at work, business or at home.   Carrom is a "strike and pocket" table game of Eastern origin similar to billiards and table shuffleboard. The objective of play is to use a striker disk with a flick of the finger to make contact with and move lighter object disks called carrom men / pawns, which are thus propelled into one of four corner pockets. The aim of the game is to pot (or pocket) one's nine-carrom pawn and the Queen before your opponent. It is a very popular game in India, Nepal, Sri Lanka and surrounding areas.   Carrom is a tad different and can be played as an individualistic game...
May_EditorsNote_2016

May_EditorsNote_2016

Newsletter - May 2016
PM Essence Editor’s Note Dear Friends, Greetings from PMI Bangalore India Chapter!   Amidst the state election in five states and the onslaught of IPL fever that has gripped the nation, another interesting thing happened last month that enthused the social media community. The Haryana government announced that Gurgaon, the sprawling suburb outside Delhi, will now be called Gurugram. The reason, as per erstwhile Gurgaon Mayor; “this name would bring people closer to the 'rich heritage' that Gurgaon once had”. It is said that the Pandavas of Mahabharata gifted the village to their teacher or “Guru”, Dronacharya, and the area was later known as Guru Ka Gram (village of the master) before becoming Gurgaon. Since Gurgaon has been heralded as a 'Millennium city' a

May_ChapterNews_2016

Newsletter - May 2016
PM Essence Chapter News                                                Capt. L. N. Prasad,                                                          (PMI Bangalore India Chapter) New Appointments at Chapter:   Mr. Vijay K Paul took over as the President of the Chapter on 09th April 2016 from Mr. Murali Santhanam the outgoing president.   Ms. Shilpa Gnaneshwar took o...
Members Corner May 2016

Members Corner May 2016

Newsletter - May 2016
PM Essence Members Corner                                                                                    - (PMI Bangalore India Chapter) Q. In competitive market place, the product companies use this pricing strategy to remain profitable? A. Tsrget Pricing is the method that involves (1) identifying the price at which a product will be competitive in the marketplace, (2) defining the desired profit to be made on the product, and (3) computing the target cost for the product b...