PMI Bangalore Chapter

Tag: Newsletter – September 2021

Member Benefits September 2021

Newsletter – September 2021
PMI membership includes many free resources that can help you power your career and earn valuable PDUs. 1000+ tools, templates and webinars 4 virtual events each year Discounts up to 30% off live events, online courses and popular books in the PMI Store Networking with project managers around the world Plus, PMI membership includes free access to these digital publications: PMBOK® Guide (available in 12 languages) 19 digital editions of the PMI Standards 57 digital editions of PMI-published books Happy Learning and earning PDUs!!! Feel free to revert for any further clarifications. https://www.pmi.org/membership

PM Quiz September 2021

Newsletter – September 2021
Compiled by Nikita Pareek Questions: 1. Project cost budget consists of __________ and  ___________ 2.  _____________estimating techniques should be applied where the customer / senior management is expecting a very high level of accuracy. 3. Earned value management integrates three components to form the 'performance measurement baseline. These are _____________ ,____________ &_______________. 4. A software development project requires establishment of a server. The cost of the server will be classified as___________ cost. 5. It is important to ascertain how the project will meet the monetary requirements. _______ output from "Determine Budget" process takes care of this.   Answers: 1.  Cost Baseline + Management Reserve 2. Bottom-up Estimating 3.&...

PM Member’s Corner September 2021

Newsletter – September 2021
Balakumar Chinnaiyan, VP Membership Services, PMI Bangalore India Chapter We welcome all new members and thank members who have renewed their membership in August 2021. Members completing their Anniversaries in August 2021 There are a total of 118 chapter members who have completed their anniversaries in August 2021. We from the chapter would like to thank them all for being with us through thick and thin and support us for these long years. Some of the notable long terms (10 years and above) are given below. 22 Years (Since Aug 1999) Mr. Murali Santhanam 17 Years (Since Aug 2004) Mr. Krishnan Balaraman 16 Years (Since Aug 2005) Mr. Ms. Asha Subramanian Dr. Chidambara Ganapaiah 14 Years (Since Aug 2007) Mr. Suresh A Mr. Vivek Thomas Kandathil Mathulla Mr. Naray...

Chapter News September 2021

Newsletter – September 2021
Arun Malavalli The Chapter conducted below events successfully PM Footprints Webinar: Chapter conducted a PM Footprints webinar on 14th August 2021. Topic was "Overview of PMBOK Edition 7". Speaker was Mr. Hiremath M.S.  The event was well received with over 170 participants attending. E&C PM Footprints Webinar: Chapter conducted the E & C PM Footprints webinar on 14th August 2021.  Topic was " Value Negotiations in Project Management".  Speaker was Mr. Ravi Kumar.  The event was well received with over 130 participants attending.

PM Footprints September 2021

Newsletter – September 2021
A peak into PMBOK® 7th Edition Speaker - Mr. M.S Hiremath, compiled by Indupriya Sasidharan The much-awaited PMBOK Guide®7th edition is here and as the number goes, it is quite the James Bond edition. Thanks to an insightful session by the highly experienced and seasoned contributor Mr. M.S Hiremath, during the PMI Bangalore PM Footprints held on 14th August, the 370-page guide was broken down to understandable nuggets. The edition takes a deeper look into fundamental concepts and constructs of the PM profession – As the preface says. Mr. Hiremath started the session by introducing the underlying values & principles and later moved on how the guide is structured and ended with some tips on how one should prepare to crack the PMI PMP exam. Value Portfolios, programs, projects, products

PM Guest Article September 2021

Newsletter – September 2021
Rejuvenating An EPC Enterprise Karthik B A Karthik is a Business Solutions Manager with PVH Corp (Phillips Van Heusen) He has 8 years of diverse sector experience in management consulting and is a project management enthusiast. Introduction ABC- a consulting organization's enterprise solution helps 'T India' transform its finance and procurement functions. 'T-India' (referred to as 'T' going forward), a subsidiary of the Japanese organization 'T Engineering', is a leading EPC (Engineering, Procurement and Construction) player in India. Established in the mid 1970's, T India has undertaken and successfully completed EPC, PMC and EPCM projects in various sectors like Oil and Gas Refineries, Petrochemicals, Fertilizers and Cryogenics. The last decade has w...

PM Guest Article September 2021

Newsletter – September 2021
Control Tower as Effective Project Management Tool Sandeep Chatterjee Sandeep is a Director with Deloitte with responsibility for engagements in advisory practice. Prior to Deloitte, he has worked with KPMG, Tata Motors, Lafarge, Infosys and Oracle Consulting and his key strengths lie in the areas of supply chain management, business process reengineering, emerging countries enablement, network optimization, and Emerging Technologies. He holds an MBA from Indian Institute of Management, Kozhikode and a Bachelor of Engineering (Mechanical), Bengal Engineering and Science University, Shibpur (formerly Bengal Engineering College). Broadly, Project management tools assist an individual or team in organizing and managing their projects and tasks effectively. This is very critica

Editor’s Note September 2021

Newsletter – September 2021
Dear Readers, Welcome to another edition of PM Essence. Hope you are all taking good care of yourselves. As 15 September commemorates the birth anniversary of the greatest Indian Engineer Bharat Ratna Mokshagundam Visvesvaraya and is celebrated as Engineers Day. We dedicate this month to the eternal human pursuit of solving problems with the use of science and technology. Some of the highlights of this edition: Supply Chain Expert Sandeep Chatterjee shares his thoughts on how Control Tower can act as Effective Project Management Tool Rejuvenating an EPC Enterprise by Karthik PM Footprints – A peak into PMBOK® 7th Edition compiled by Indupriya Sasidharan We have our reader's favorite Cartoon By Chankit Quiz by Nikita Chapt