PMI Bangalore Chapter

PM Essence 2016

PM Essence 2016 Newsletter
PM Article: Are you a homeopathic PMO?

PM Article: Are you a homeopathic PMO?

December 2016
Are you a homeopathic PMO? Stuart Easton Many people believe in homeopathy. It's been used for thousands of years and is deeply rooted in certain parts of society. However, the unequivocal research by modern science practitioners proves that homeopathy doesn't work – it's just a placebo.   In much the same way there are methods for prioritizing projects that have been used for decades. At some point they were probably even deemed to be best practices, but like homeopathy they don't really work.   In this article we will try to work out which methods are homeopathy and which are real science.   Spotting the fakes So how can you tell fake remedies from the Real Deal? For me there are 3 or 4 absolutely vital components in a valid prioritization process. Missing any of thes
PM Article: The Performance Metrics Series: The How and What through Five Favourite Quotes

PM Article: The Performance Metrics Series: The How and What through Five Favourite Quotes

December 2016
The Performance Metrics Series: The How and What through Five Favourite Quotes Suchitra Mishra Numbers tell stories – and metrics are the tools through which these stories get shape and substance. There are tons of performance metrics to choose from and the right performance metric for your business may not be the right one for mine. I have been asked many times on how to know when and where to introduce metrics, what the right metrics are, and how to work the metrics so that the metrics work for you. So through this article, I will try to answer these questions through another passion of mine – quotes! I LOVE quotes (as do the majority of people online going by the number of quotes shared every minute). Do you too get the feeling sometimes when you read a quote – ahh, I totally get t
PM Article: Multiskilled

PM Article: Multiskilled

November 2016
Being Multi Skilled is the need of the Hour Sayi Sarat Chandra Parvatam While multi-tasking is a must in today's fast-paced world, being multi-skilled has become a necessity for employees so as to withstand their roles and positions. A multi-skilled person is always sought after in any organization and the IT industry is nothing different from it. Agility being the major formula followed by the industry as a whole makes every organization to demand its employees to multitask. The willingness to learn continuously and the ability to accept change on a regular basis is the key to multitasking. Widening the areas of interest, and continuous efforts in the overall development of skill set are the basic requirements for a multi-skilled person.   Startups can be a good place to observe th...
PM Article: Stone Soup

PM Article: Stone Soup

November 2016
Stone Soup and Leadership Rich Mironov A hungry old soldier arrives at a village, and the villagers hide their food rather than offer to feed him. Thinking creatively, he picks up a stone and announces that he will be making stone soup, which villagers can share if they are willing to contribute.   The woman who lends her large kettle will get soup, as will the old man adding a few onions. Donated carrots, cabbages, a bit of meat… Simmered up together, the soup is nourishing and everyone gets to eat.   The soldier, of course, provides (only) a common goal and a keen understanding of motivations. The stone is purely ceremonial. This transfers directly to product managers – and others with heavily matrixed roles.   Remember that no one works for us: developers and designers

Chapter News

December 2016
Chapter News Capt. L. N. Prasad PM Footprints: During the month of November, One PM Footprints session was held on 3rd November 2016. Mr. Ashok Kumar Mysore of 'A P A C' a Multi-Industry and Government Business Unit spoke on the topic "It's all about Speed” Adopting to Radical Changes.   Saturday PM Footprints for E&C Forum: As a part of the E&C Forum during the month of November, Two talks were held on 19th November 2016. Mr. Pradeep Sangal, spoke on "Dynamic Project Management" and Mr. Murali Naidu, spoke on the topic "Lean Construction -Transforming current forms of Project Management".     PM Footprints Anniversary: On 26th November 2016, the 10th Anniversary of the PM Footprints was celebrated at Hotel Chancery. The PM Footprints was started in the year 2006.
Chapter News

Chapter News

November 2016
Chapter News Capt. L. N. Prasad   PM Primer: The 8th Annual Session of PM Primer was held at NIMHANS Convention Centre on 19th October 2016. Nearly 400 students from various Engineering and Management colleges participated in the program. The program was inaugurated by Ms. Nemi Chandra, Chief Designer, Hindustan Aeronautics Ltd. The students were given an introduction to Project Management concepts and later a discussion on the various aspects of the Project Management practices were also held.     PM Footprints: During the month of October 2016, two PM Footprints session were held. On 6th October 2016, Mr. Pavan Machavolu, Deputy General Manager at Mercedes-Benz Research and Development India Pvt Ltd., spoke on the topic "Implementing a complex project in a global contex...
PM Article: Meetings

PM Article: Meetings

November 2016
Managing kick off meetings for global project teams: 10 key questions to chew over David Trickey Face-to-face meetings at the start of international projects are a precious investment of time and money. Without doubt in the very near future they will become the exception rather than the rule, as technology allows us to reproduce and may even improve on the richness of meeting "in the flesh". However, many project leaders recognize the value of bringing together the core or even extended team for eyeball-to-eyeball contact and interaction. We have noted down 10 questions which Project Managers should ask themselves to get the most out of this limited time together and ensure such kick off meetings "work their magic" to increase trust, commitment and collaboration in the longer term. 1. H...
Editor’s Note December 2016

Editor’s Note December 2016

December 2016
Editor's Note   Dear Friends,   Greetings from PMI Bangalore India Chapter!   During last month, the demonetization drive was launched by our honorable Prime Minister and it still dominates conversation in India. Demonetization, intended to remove black money out of the economy can be easily considered as one the most challenging and complex project in our country. Since the night of November 8th, 2016, the top denomination currency, the 500 and 1000 notes ceased to be considered as legal tender. This led to confusion and anxiety on how the businesses, especially the ones which are primarily cash based, (e.g. vegetable vendors, toll gates, casual laborers, small Kirana stores) would run. Off course the big businesses like, jewelry, real estate, were also severely imp...
Editor’s Note November 2016

Editor’s Note November 2016

November 2016
Editor's Note Dear Friends, Greetings from PMI Bangalore India Chapter! During last month, in a sudden move, Tata Trusts replaced Cyrus Mistry as the Chairman of Tata Sons. Chairman Emeritus Ratan Tata was chosen interim chairman and a selection committee was set up to select a new chairman within four months. This was a surprise to most of us, especially for those who take great deal of interest in following corporate news. And the breaking news hungry news channels, got their fodder for next one months at the least. Immediately reason, justification, expert opinions started making the rounds and anybody and everybody had an opinion to offer. Sacked unceremoniously, a "shocked" Mistry levelled a series of allegations against Tata and contended that he was relegated to a "lame duck" ...