May 2018

Did you know?

May 2018
Did you know? Q : This graph shows how human brain's ability to retain memory decreases over time A : The Ebbinghaus Forgetting Curve mentions that humans start losing the memory of learned knowledge over time, in a matter of days or weeks, unless the learned knowledge is consciously reviewed time and again. Herman Ebbinghaus conceptualized and conducted a series of tests on himself in 1885 by memorizing different nonsense words such as “WID”, “ZOF and “KAF”, and the results plotted in a graph came to be known as the forgetting curve. Ebbinghaus found that the forgetting curve is exponential and memory retention drops from 100% at the time of learning any particular piece of information to 40% within the first dew days. The forgetting curve is exponential because memory loss is rapid and
Project Management Practitioners’ Conference 2018

Project Management Practitioners’ Conference 2018

May 2018
Project Management Practitioners’ Conference 2018 conference@pmibangalorechapter.org Balakrishna Kasibatla – Conference PMO, PMPC 2018 PMI Bangalore India Chapter proudly announces the 13th edition of its annual Project Management Practitioners' Conference (PMPC) 2018 to be held at NIMHANS Convention Centre, Bangalore from 12th to 14th  July 2018. The theme for this year's conference is “Architecting Project Management for Value Creation”. The first day of the conference includes Industry Symposiums for Engineering & Construction and DAPSU (Defence Aeronautical Public Sector Unit) sectors along with the regular PM Enrich Master Class. This special spread gives delegates various options to choose between the sessions and benefit from various sectors.  The registrations open

PMI Bangalore India Chapter – Member’s Speak

May 2018
Adding PMP certification will add value and bring more opportunities for me. To get PMP certification, learnt that PMI assists in webinars, class room sessions. Etc.,, hence I joined PMI Bangalore chapter - Mr. Avinash HJ, Project Lead, IQVIA India Private Limited Mainly want to be part of PMI Bangalore chapter, to network with project managers, explore career opportunities. Also, want to complete PMI PMP certification by leveraging the support available in Bangalore chapter - Mr. Gururaj Athani, Former Sr. Project Manager, Robert Bosch To grow in project management profession, being a chapter member is the best option - Mrs. Tanvi Gupta, Project Manager, Link Street Learning I am planning for PMP certification and PMI Bangalore chapter is one of the place that can help guide me o...
PM Member’s Corner

PM Member’s Corner

May 2018
Nurturing High Performance Teams We welcome all new members and thank members who have renewed their membership in April 2018. Appended is the list of a few FREE web-based seminars (webinars) for May 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 02 May-18 08:30AM Risk Champions – The Role of Project Managers in Building Strong Organizational Risk Management Cultures 2 02 May-18 09:30AM Putting the “Learned” Back in Lessons Learned 3 02 May-18 11:30AM Stress, Neuroscience and the Impact on Teams and Organizations 4 08 May-18 09:30AM How to Manage a Multi-Project / Multi-Teaming Environment 5 10 May-18 09:30AM Preventing Groupthink in Project Teams 6 15 May-18 09:30AM 7 Strateg
Will data visualisation really be around if AI powered analytics comes in?

Will data visualisation really be around if AI powered analytics comes in?

May 2018
Nurturing High Performance Teams Titash Neogi Artificial Intelligence can be defined as a stack comprising of the following technologies - Natural Language Understanding - The ability of Machines to understand and respond to human language. Knowledge graphs / Social Graphs / Graph databases - The ability of machines to understand complex relationships between people, objects, places and numbers at a global scale. API driven economy - The global economy of APIs for all products and services around the world that helps drive data interoperability and information exchange. Machine Learning algorithms, frameworks and techniques - These include the range of statistical algorithms like k-means, KNN, Bayesian theories, game theory etc. that allow machines to crunch large volumes of data ...
Nurturing High Performance Teams

Nurturing High Performance Teams

May 2018
Nurturing High Performance Teams Leadership Skills for People Management Ms. Alakananda Rao (PMP) The true mark of a leader is when she is able to motivate the team in the face of a crises. Let me recount an incident to illustrate this trait. It was the late seventies, computers were gigantic machines housed in large air conditioned spaces with physical access only to the “operators”. COBOL was the most popular language with a demanding accuracy for programming syntax. A single missed full stop, or a forgotten sort could send the program into an eternal loop. The 'operators' compiled and ran the codes that was punched on 80 column computer cards. It was on one of my first programming efforts to print the much awaited bonus slips for a large bank. Delays, while I chased out one little bug
Global Innovation Centres

Global Innovation Centres

May 2018
Global Innovation Centres Surag Ramachandran Software development in many multinational companies is an in-house function as opposed to the old days when it was outsourced. Many companies made the switch to in-house development when they found that it is not easy to have a competitive edge when software development is outsourced. Offshore development to India was here to stay because of the availability of the large volume of talent who are equipped with strong domain knowledge that has been acquired over a period of many years. During the offshore development history of the last thirty years or so, numerous software professionals developed a strong expertise in their respective domains. As the part of offshore wave, these multinational companies, especially those from US and Europe, ope...
Blood Walk

Blood Walk

May 2018
Blood Walk Tanish Mathur The increased awareness on how stress and work-life balance is leading to a spurt of medical complications, has led people to take up walking like never before. Walking is being prescribed by medical practitioners as a vital component of a healthy lifestyle. Among all this newfound respect that walking has gained, you would still find some people who have taken the concept walking to a different level altogether. Do you know a person who is walking day and night, covering the length and breadth of our country for a noble cause? Meet Mr. Kiran Verma from Delhi who was recently in Bangalore as part of his cross-country walk from Kashmir to Kanyakumari to raise awareness on blood donation. Kiran started his walk from Srinagar on 26th January 2018, and his objective ...
Chapter News May 2018

Chapter News May 2018

May 2018
Chapter News Capt. L. N. Prasad PM Footprints:During the month two PM Footprints session were held. On 12th April 2018, Mr. P. Pradeep Kumar, Group Manager UST Global, spoke on the topic "Challenges in Service Transition Management". On 26th April 2018, Ms. Antra Vinay Chandran, Manager - Talent Development (L&D) of Spider Logic India Pvt. Ltd., spoke on the topic "Project Management Skills Development Program". Both the talks were well attended and received.. E&C PM Footprints:The Footprints session of the E&C forum was held on 21st April 2018. Mr. Partha Prathim Bhattacharyya, Director-Administration and Asset Management of Conduent India Business services LLP Bangalore, spoke on the topic "Nurturing Partnership and Relationship for effective Project Service Delivery". ...
Editor’s Note May 2018

Editor’s Note May 2018

May 2018
Editor's Note Dear Readers, The Indian Banking Industry hit rough weather as a cloud of suspicion engulfs executives of two renowned banks. The banking industry was already reeling under a million dollar scam. Current situation and circumstances raised eyebrows on long term credibility of banks safeguarding public interest in the form of deposits and other financial services as 'Authorized Dealer' (ADs). Corporate Governance, Stakeholder Interest, Conflict of Interest, Policies and Procedures are under the scanner in these cases and this calls for robust governance backed by a constructive board. Boards have always acted as a lighthouse for the organizations but should move away from peaceful co-existence to constructive criticism. In the case of Punjab National Bank scam there ...