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Project Management + ERP Solutions

Your guide in the world of Business, Project Management and ERP

How to get the best advantage of PMP Certification??



In the Google Search enter ‘Best Professional Certification In the World’. You will get PMP Certification in the 2nd or 3rd position.
 
However, the question is how candidates can take advantage of this certification?

Following are few guidelines,

  1. If your dream job is a Large Multinational Company ( MNC) then PMP Certification can certainly help you in securing a job.
  2. Companies with a large presence in the US, Canada, Singapore, Hong Kong, Dubai, Saudi Arabia, UK, Australia, Malaysia, etc give high weightage to PMP certificate holders.
  3. If you are planning a career in the IT industry, then PMP and Scrum Agile project management certification can give an edge to your CV. New PMP released from Jan 2021 also covers Scrum Agile project management in its curriculum.
  4. In many large organizations, PMP is mandatory for getting promotions or sometimes employees are asked to leave if they are unable to secure PMP Certification. I know students and employees of such companies who joined our PMP training for this reason.
  5. If you are planning to migrate to countries such as the US, Canada, New Zealand, Singapore then get PMP certification. PMP will certainly help you.
  6. Many large companies such as Larsen & Toubro, KPMG, Infosys, Tech Mahindra. etc are Authorised Training Partners (ATP)s for giving PMP training to their employees. However, the number of employees in such organizations is so high that it’s impossible to give PMP Certification training to everyone. Also, it’s a huge training cost to the organizations. Now if you are already PMP Certified and apply to such organizations then management need not invest in you and they get candidates with the necessary skill set. In other words, you stand out in the crowd….isn’t it??

Railway’s journey towards zero accidents

Well Done Central and Western Railway!!


Using the lockdown, Central Railway has finished foot over-bridge work at super fast speed I.e. in just 12 months instead of the planned 24 months.


Central and Western Railway, famous suburban train services in Mumbai, has effectively used lockdown as an opportunity to make improvements in their infrastructure and their journey towards zero accidents. More than 2,500 die every year on Mumbai’s railway tracks.

Western Railway (WR) has dismantled a total of 13 and commissioned 14 new foot-over bridges (FOBs) across Mumbai suburban network between Churchgate and Virar during the lockdown period.Constructing more foot overbridges will reduce the huge number of accidents on the Mumbai suburban railway.

Detecting opportunities from the existing situation is also known as Positive Risk Management.

Monsoon is approaching in the next few weeks. It’s a threat for construction sites in Mumbai due to flooding. But are there opportunities too?

In PMP Exam what is the meaning of PMBOK Edition and which edition to use?

Most students are confused about PMP, PMBOK, and its editions. Let me throw some light on this subject with few FAQs.

What is PMBOK?

The popular PMP (Project Management Professional) or CAPM (Certified Associate in Project Management) Certificate examinations are based on the popular book PMBOK (Project Management Body of Knowledge). This book is published by a world-famous non-profit organization Project Management Institute (PMI) from the USA. PMBOK covers project management guidelines written with the help of hundreds of project management professionals across the world from different industries.

What do you mean by PMBOK edition and which is the latest edition being used?

Approximately every 4 years PMBOK’s new revision or edition i.e. upgraded book is published.  The objective of the new edition is to address new trends or challenges in the project management field. The latest is the 6th edition, which was published in Sept 2017 and still being used. Edition 7th will be published in the year 2021.

Has PMI published a new curriculum from Jan 2021 and which edition to use?

Yes PMI has published an entirely new curriculum from Jan 2021. In the earlier curriculum, the entire reference was PMBOK and its chapters were based on 10 Knowledge Areas such as management of project integration, scope, time, cost, quality, HR, communication, procurement, risk, and stakeholder. PMBOK edition 6 is applicable to traditional ‘waterfall’ project management.

The new curriculum, from Jan 2021,  is based on five important stages of the project.  Also, new Agile project management has been added.

It’s important to note that PMBOK edition 6 still can be used as a reference book and PMI has also recommended it.

To get an overview of PMBOK edition 6, visit our video,

https://www.udemy.com/course/pmp-certificate-preparatory-course-section-1-introduction/?referralCode=5107CC7790916ACFA933

Visit www.bigbangtraining.in to enroll for live training.

Atal Tunnel – Successful Indian Mega Project Well Within The Budget

India has constructed World’s longest (9.02 Km) highway ‘Atal Tunnel’ above 10,000 ft. But what is important to note is that such a  mega project constructed in cost less than the budget and also completed in just 10 years.

Traditionally most of the infrastructure projects exceed the time and budget by a huge margin. 

India has demonstrated that we also can build projects within time and budget. Hope to see many such success stories.

Well done India and well done Project Management team!!

Ref: Times Of India dated 5th Oct 2020.

A Good beginning for Indian Mega Projects

This news deserves front-page coverage. Unfortunately, it’s on page 6 where anybody can easily miss it.

India’s mega-project Mumbai Trans Harbour Link (MTHL) received a major shipment of columns and girders from Vietnam.

From the Times of India: https://epaper.timesgroup.com/Olive/ODN/TimesOfIndia/shared/ShowArticle.aspx?doc=TOIM%2F2020%2F10%2F02&entity=Ar00817&sk=F32905EB&mode=image

Can you imagine a team in IPL Cricket match chasing a winning score without a scoreboard?

Imagine ‘Mumbai Indians’ team is chasing 200 runs target set by ‘Chennai Super King’. Suddenly there is a technical glitch and the scoreboard stopped working. In 16th over the technical issue is resolved. The scoreboard is showing the required run rate of 20 runs per over to win the match, an almost impossible task. Information at the end of every over would have helped team in achieving the winning target.

Well, now you know how important it is to have a scoreboard for achieving the desired target.

In project cost management, in absence of such Scoreboard i.e. dashboard, the project team can easily overspend impacting project profitability or sometimes making losses.

Let’s compare this IPL scenario in Project Cost monitoring. Like 200 runs target for Mumbai Indian, there is a budget target for every project. Every stage of the project team is supposed to spend a certain planned budget. If they are overspending at every stage then they will exceed the budget and affect profitability. So the team needs a visible dashboard to control the expenses to achieve the targeted budget.

Hence live dashboard indicating planned budget vs actual spending is extremely important for a team to improve project profitability.

Is It Possible To Avoid Project Delays By Watching IPL?

The major challenge in any construction project is avoiding delays.

Surprisingly we can get answers to this challenge by watching IPL, Indian Premier League.

Let’s do a simple comparison of IPL vs Project Management to learn the trick.

In IPL Cricket match, the target to win the match is set by the team playing the first inning. So if the target set by 1st inning is 200 runs then the other team should make more than 200 runs in 20 overs to win the match.

In a construction project, the Planning team plays the role of 1st inning team i.e. they set the project end date target by preparing the schedule (Bar chart). The execution team plays the role of 2nd inning team i.e. chasing this target. If the target set for completing project construction is 20 months then the execution team is a winner if they can achieve the target within 20 months.

Now to win the match, the 1st inning team will try to control the score of other teams by good bowling and fielding & the opponent team will try to exceed the set target by blistering batting.

Here strategies adopted by the team captain and coach make a huge difference in winning the match.

Similarly in construction management skill of the Planning team in preparing schedules is important. Like strategies in cricket, the use of good project management techniques can help the execution team in completing projects within a given timeline.

So it’s important for the Planning team to make use of tools such as scheduling software like MS Project or Primavera and its equally important for the project execution team to learn good project management techniques.

Do You Know Why Construction Sites Are Closed In India Today?

Because today 17th September is auspicious Vishwakarma Puja Day !!

In the Construction industry day of Vishwakarma Jayanti is considered as an auspicious day. Construction workers often shut the site to perform Puja of God Vishwakarma.

It is generally celebrated every year between the 16th to 19th of September. It falls on ‘Kanya Sankranti’ of the Hindu Calendar.

For Project Planners it’s important to mark the date in the schedule calendar.

Vishwakarma Jayanti is a day of celebration for Vishwakarma, a Hindu god, the divine architect. He is considered as swayambhu and creator of the world. He constructed the holy city of Dwarka where Krishna ruled, the Maya Sabha of the Pandavas, and was the creator of many fabulous weapons for the gods. He is also called the divine carpenter, is mentioned in the Rig Veda, and is credited with Sthapatya Veda, the science of mechanics and architecture.

The festival is observed primarily in factories and industrial areas, often on the shop floor. As a mark of reverence, the day of worship is marked not only by the engineering and architectural community but by artisans, craftsmen, mechanics, smiths, welders, industrial workers, factory workers, and others. They pray for a better future, safe working conditions, and, above all, success in their respective fields. Workers also pray for the smooth functioning of various machines.

Vishwakarma puja is also celebrated a day after Diwali, along with Govardhan Puja in October–November.

Information source: Wikipedia

God Vishwakarma

This Project In Mumbai Deserves Special Front Page Coverage

From the Times of India: https://epaper.timesgroup.com/Olive/ODN/TimesOfIndia/shared/ShowArticle.aspx?doc=TOIM%2F2020%2F07%2F21&entity=Ar00628&sk=54D7CF0A&mode=text

Why does this project need special coverage?

·      One of the biggest solar energy facilities over a 40,000 sqf . on the top of the Commercial Complex

·      Constraints – Constructed during difficult time in Mumbai suburb i.e. post Covid lockdown period when getting labors is difficult.

·      Speed – Installed 1,591 solar panels in only 45 days.

·      Environment friendly – 525 kw power generation capacity per day,

Needs such construction success stories to boost the morale of  Indian Construction Companies.

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