Mr. O. Arivazhagan "Ari", CEO, IIPM, was invited to
deliver Chief Guest address on "Construction and Real Estate
Project Management" organized by CII Salem jointly with
Civil Engineers Association at Sona College of
Technology Salem on 30th October 2014. He
addressed the session on the topic of "Why EVERY Construction
Company should have a Project Management Office (PMO)"?
speech to a gathering of nearly 100 participants including CII members,
professionals from Civil Engineers Association & students,
he explained about Project Management & Project
He addressed the emerging issues in
construction industry and created a level-sharing platform for easy
exchange of knowledge and ideas.
In his speech, he emphasized the
challenges faced by construction industry in India and how well these
challenges could be managed by Project Management. He told that the
Indian government has relaxed Foreign Direct Investment (FDI)
policies in several sectors but not in construction industry as the
other sectors like the IT industry people have learned about Project
Management techniques & completing their projects on time within budget.
He also explained about the
employability skills & the importance of Global Project Management.
He addressed the importance of having strong project management
knowledge and practice which would manage the major areas of
Scope, Cost and Quality. He also spoke about the lack of
assertiveness among the employees which creates a high Power Distance
Index and quoted examples of the Indian and the Chinese culture.
He spoke about the shortage of skilled project managers and engineering
capability alone would not be sufficient.
He also highlighted that for
High-Time bound Projects, using CPM/PERT the
probability of exceeding time is more than 50%. He also spoke about the
need for empower the employees which would lead to loyalty and
dedication. His lecture covered a wide variety of topics in
Project Management like Scope base line,
Cost base line, Quality base line, Work Break
Down (WBS) structure, Contract Management, Power Distance Index (PDI)
etc., and elucidated about the essentials of 10 Knowledge areas
in Project Management Body of Knowledge like Scope, Time, Cost,
Quality, Stakeholder Management etc.
He clearly explained that
Project Based Organization (PBO) like the construction
companies needs the Project Management Office (PMO).
PMO is a group or department that defines and maintains standards for
Project Management within the organization. He also illustrated
importance of PMO & the types of organizational structures like
Functional, Matrix structures & Projectized.
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