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Future of Project Management in an era of "Digital Disruption"
1. KO N N E C T ANNUAL E D I T I O N 2016
Cover Story:
Future of Project Management in an era of “Digital Disruption”
Dear Members,
Wish you all a very Happy and Prosperous New
Year 2017. Hope you have cherished glorified
moments in 2016 and your journey was fun filled. I
would take the opportunity to thank you for
participating in various chapter events in 2016 and
your overwhelming response to volunteer for the
PMI Regional Conference in April 2017 which is
beyond appreciation. PMI Regional Conference in
2017 at Kolkata is first of its kind in Eastern India
and shall act as a catalyst for networking and
ultimately shall provide extended opportunities to
collaborate with global market leaders.
PMI West Bengal Chapter welcomes members to
step forward and take the opportunity to
demonstrate leadership skills to drive success for
conference. The Chapter is also eager to hear from
members and volunteers for any suggestions and
ways to perform better. Looking for your magnum
enthusiasm to raise the sprits of the game
Cheers,
Editor’s Desk
Era of Digital Disruption: World’s largest enterprises are transforming their
businesses for an increasingly digital world. When Apple, Alphabet (aka Google),
Amazon and Facebook as the top four digital enterprises command over $1.7
trillion in market capitalization, it’s clear that Enterprises of the world have no
choice but to go Digital to succeed in the era of Digital disruption.
On the other hand, the average life span of enterprises on S&P 500 has reduced
from 60 to just about 20 years (refer Figure 1). The mix of industry domain in the
dominant enterprises by market cap have shifted from traditional heavy industries,
to oil and now to technology enterprises (refer Figure 2).
SMACIT (Social, Mobile, Analytics, Cloud & Internet of Things) are driving paradigm
shift of digital disruption in the global economy and the convergence of these
technologies is fueling faster growth in market capitalization. While Digital
disruption is forcing many companies to remodel their business, the race to reach
market capitalization of $1 billion has drastically become quicker. (Refer Figure 3)
2. COVER STORY CONTD
In the above scenario it has become important for all of us as practioners of Project Management to quickly align to the new
developments and be agile enough to adapt to the new world of digital disruption.
Kindle, iPhone, iPad, 3G, 4G, Uber, Airbnb, Android, Oculus, Spotify, Nest, Kickstarter, Stripe, Square, Paytm, BookMyShow, Ola, Myntra,
UrbanClap, Firstcry, UrbanLadder Instagram, Snapchat, WhatsApp – are few technologies, products & services which never existed a
decade before in year 2006!
This article, talks about the future of project management in an era of Digital disruption
Future of Project Management: The rise of digital disruption is one of the major driving force for advancement &enhancement of Project
Management practice. This strategic shift is called for in following areas;
1. Waterfall Vs Agile
2. Scattered Project Managers in Matrix Organization Vs Deployment of PMO as a central strategic function
3. Requirement Management Vs Complexity Management
4. Use of proprietary PM tools Vs Cloud based PM tools
5. Business as Usual Vs Innovation
6. Project Outcome Vs Customer Value
7. Technical Skills Vs Soft Skills
8. Limiting Role of PM to Project Management Vs PM as a strategic leader
3. COVER STORY CONTD
Pillars driving the future of Project Management Practice
Recognition of Project Management practice by Regulatory [4] - The US government have recognized the importance of program
management and have recently passed an act named PMIAA. President Barack Obama has signed into law S.1550, the Program
Management Improvement and Accountability Act of 2015 (PMIAA), which will enhance accountability and best practices in project and
program management throughout the federal government. The reforms outlined in the PMIAA are consistent with PMI member input
and research that shows that organizations that invest in program management talent and standards improve outcomes, accountability
and efficiency. The legislation, strongly endorsed by the Project Management Institute (PMI), was approved by both chambers of
Congress with overwhelming bi-partisan support. President Obama signed it into law on Wednesday, December 14, 2016. The PMIAA
reforms federal program management policy in four important ways:
•Creating a formal job series and career path for program managers in the federal government.
•Developing a standards-based program management policy across the federal government.
•Recognizing the essential role of executive sponsorship and engagement by designating a senior executive in federal agencies to
be responsible for program management policy and strategy.
•Sharing knowledge of successful approaches to program management through an interagency council on program management.
Technology & Innovation - Technology and Innovation are the life blood of digital disruption which will drive the next wave of change in
enterprises over the next decade. Project Managers would have to foster new ideas and adapt to innovation by participating in new
initiatives and organization imperatives. Project Managers would need to familiarize to new technologies i.e. IoT, Drones, Block chain, Big
Data, Artificial Intelligence, Augmented Reality, 3D Printing, Virtual Reality, Robotics, Genetics to name a few.
As a special initiative/project, the project manager can propose enterprise innovation team by creating a strong innovation and customer
immersion lab. This will allow project manager to get the stakeholders to collaborate to create new product, services & experiences
driven by new technologies, this will help the enterprise get into new markets before competitors.
New Business Models – Often, to change the game, the model of business is refreshed, hence the project managers would have to adapt
to the styles of evolving business models i.e. Sharing, Crowd sourcing, Freemium, pay as you go, Subscription, Productized & User
Community driven are the few to name. The Project Manager would become a key stakeholder in redefining “success recipe” of the
business model of the enterprise and its journey from the current to the new business model.
4. COVER STORY CONTD
Culture – Culture is the environment you create for digital disruption to survive and thrive. Culture is what can also kill the enterprise.
Creating a self-sustaining learning culture with active participation of millennial workforce would be one of the key challenges. The
Project Manager would have to master the art of engaging stakeholders using social media where the millennial workforce is available on
24x7 basis. The Project Manager would have to realign traditional stakeholder roles and expectations and work with the best performers,
decision makers and problem solvers. Thus, a project manager can stay ahead of competitors by developing and leading the most
efficient, effective and agile team within the enterprise.
Leadership Styles – As business author Lawrence Haughton said, “It’s not the big that eat the small…it’s the fast that eat the slow”. The
Project Manager would be required to upgrade from a traditional leadership style to be an influencer, visionary, and inspirer to create an
enterprise that fully focuses on customer value, communication & collaboration and agility which makes it faster than its local and global
competitors.
Continuous learning & Volunteering - Take one more learning course to expose yourself to a new technological or marketing skill, or
renew an existing certification by updating existing knowledge you’ve already gained. This will help support the project manager’s
personal growth & skillset to be ready for practicing project management in the era of digital disruption. Check out different options
available at PMI, EdX, Coursera & other online and offline training providers.
Practice of Project Management & Project Manager would have to be agile enough to adapt to the wave of digital disruption.
Conclusion
We are entering a period in which “there will be no long-term predictability” in enterprise, according to Accenture CEO Pierre Nanterme.
“Leaders will need to learn to manage chaos and to do it in a highly disciplined way.”
This article is contributed by Chintan Oza ,Sr. Principal - Program Management, Tata Communications Ltd; Haas Alumnus, Sr. Member - IEEE,
PMP, ITIL 2011, CSM, Paul Harris Fellow. [Twitter: @hichintan]
5. .
PMIEF
As a project manager have you always wanted to contribute towards the philanthropic initiatives but did not
know how ? Get involved with PMIEF and bring your project management skills to reach out to those who need
it most .
PMI Educational Foundation is the philanthropic arm of PMI. While PMI views project management as a professional competency and is
focused primarily on its members, their employers and the 51 million project management practitioners around the world, PMIEF views
project management as a life skill, learning skill and career skill for everyone in society.
PMIEF strategy involves three distinct areas ;
1. Scholarships , Awards to students and working professionals to allow them to have the resources to go to college and study Project
Management.
• Nearly $30,000 USD is available for Professional Development Opportunities from former PMI Communities of Practice
2. Pro Bono and Capacity Building support to non-profits and NGOs help them use their donor dollars more effectively and efficiently.
• Washington, DC members train vets through Wounded Warriors
• Volunteers in New York trained United Nations Association
• The Chicagoland Chapter volunteered with the Ladies of Virtue nonprofit organization committed to improving the lives of young
women from under-served communities aged 10-18,
3. Life Skills through Project management training to young learners in schools to equip them for a better future -- children as young as 6
are learning and benefiting from project management programmes
• Singapore, Arizona and Illinois members host programs with “Junior Achievement”
• Italy members created a development program in the Democratic Republic of the Congo
• Volunteers in Washington mentor students in technical education programs
• Member in California uses project management to run an after-school program
All the details are available at www.pmief.org . We look forward to your ideas and suggestion on how we, at the West Bengal Chapter can
engage in activities for Social Good in any of the three areas above, or even in any other way that you would like to suggest .
The newly-designed 2016 Community Advancement through Project Management Award will emphasize the pro bono contributions of
PMI Chapters, Individual Project Managers and Corporations to increase the capacities of nonprofit organizations.
This article is contributed by Alkananda Rao, PMP - alka.rao@alvarisys.com
6. PMI WBC organized its EGM for 2016 on 20th February at Regus office
Salt lake, Kolkata to renew the Society membership and discuss other
initiatives for 2016
Learn & Earn Session on “Importance of Spiritual & Emotional
Intelligence to build a winning team" 16th Jan 2016.
The seminar was conducted by Mr. Tapan Bose, faculty from S. P.
Jain Institute of Management & Research (SPJIMR). Mr. Tapan Bose
have been a renowned Program Manager and a champion in Project
Management Field with vast experience in IT Sector.
People from various industries participated in this highly enriching
session on Spiritual and Emotional Intelligence and how it can be
used in building a winning Team and there was an excitement
among the participants on the topic. Learning the importance of
Spiritual and Emotional Intelligence in project management was
indeed a knowledgeable session.
The seminar ended by question and answer session where the
participants queries and questions where satisfactorily answered
and the speaker was facilitated with the token of appreciation
On 30th April, 2016, PMI West Bengal Chapter conducted a
learn and earn session on “Achieve Project Success by
Creatively Motivating Project Teams" on a webinar
platform.
The seminar was conducted by Mr. Karthik K Ramamurthy,
Founder & Principal Consultant - KeyResultz, a P3M & Social
Media Best Practices company
The seminar subject and content was apt in the today’s
world scenario since creativity and innovation are need of
the hour. We covered the topic of criticality of project
success with team motivation, unique motivational
challenges faced in project. Key challenges in motivating
the project team in different generations; some innovative
techniques we can use to motivate the project team and
also pointers to developing our own motivation techniques
were part of the webinar content.
The webinar was conducted with lot of zeal and enthusiasm
among the participants with their active involvement.
People from various industries participated and shared
their views. It was indeed an very enriching webinar with a
very exciting topic.
The seminar ended by question and answer session where
the participants queries and questions where satisfactorily
answered. Chapter expresses sincere gratitude to the
speaker Mr.Karthik K Ramamurthy for this fantastic
interactive webinar session.
7. Learn & Earn - Webinar
On 27th August 2016, PMI West Bengal Chapter conducted a learn and earn session on
“Kanban
–AN ALTERNATE APPROACH TO AGILITY" on a webinar platform.
The seminar was conducted by SUBHABRATA PAL (SUBHO) who holds several
certificates and credential like PMI -PMP, PMI -ACP, SAFeAgilist, Certified Disciplined
Agilist,AGILE COACH & CONSULTANT, Senior PM IBM INDIA PRIVATE LIMITED , KOLKATA
Participation took place from people of various fields. Kanban, a lean approach to
agile software development was covered in appropriate way in a short webinar,
touching various aspects of it and highlighting its benefit. We also got to learn about
the difference in Kanban and Scrum and how Kanban is a better approach.
Learning the importance of Kanban in project management was indeed a
knowledgeable session.
The event concluded with interactive question and answer session and participants
sharing their view. Chapter expresses sincere gratitude to the speaker Mr.
SUBHABRATA PAL (SUBHO) for this fantastic interactive webinar session.
AGM 2016
PMI West Bengal Chapter conducted AGM on
17th Sep at Indismart. Chapter Members
attended the event and the meeting was
successfully concluded
Chapter Elections:
Election 2016 (conducted in July- Sept) concluded with Mr. Sumit Kumar Sinha
elected as President , Mr. Tamal Banerjee is elected Vice President , Ms Nitu
Tandan Kapoor is elected as Secretory , Mr. Arabinda Bhar is elected as Director,
Training and Professional Services . Board had proposed Mr Amitava Banerjee as
the Treasurer. The new board was functional from 1st Oct 2016 for a duration of 2
years.
New board would strategize new initiatives and hence create space for enhanced
volunteering engagements.
8. PMI National Conference 2016
The conference provided a platform for Project Management
Practitioners across industries , government , NGOs and academia , to
exchange ideas on the challenges and opportunities in managing
projects. Mr Sumit Kumar Sinha (President) , Mr Tamal Banerjee( Vice
President ) and Mr Amitava Banerjee (Treasurer) from PMI West Bengal
Chapter have got the opportunity to attended and participated in the
three day Conference . PMI Mumbai Chapter had requested to felicitate
Key Note Address Speaker: Shirish Sankhe – Global Head Infrastructure
& Construction & Senior Partner- McKinsey India.
The key attraction of the Conference was the master class and Special
address by Guest of Honor by Kevin Kelly and the Valedictory Address by
Harsha Bhogle- Cricket Commentator and Journalist.
Key points addressed by Mr Kevin Kelly :
•Ways of assessing stakeholder.
•How to articulate a Customer Story.
•How to identify a potential problem.
•Identifiers of an Exceptional sales person.
• Art of managing a mob.
•Art of Customer selling—Secret to Success.
Key Points addressed by Mr Harsh Bhogle:
•Traits of an efficient leader.
•How a leader can build trust within a team.
•Build awareness for Team Success.
•Adaptability to accept change.
•Skill to adapt new things with time.
Project Management National Conference for
2016 was a three day professional
development event was organized and Hosted
by PMI Mumbai Chapter and Co Hosted by PMI
Pune- Deccan Chapter from 17th till
19th November at Mumbai from 17-19 Nov.
The Theme for the conference was Project Management -Indispensable
for Vision India. The objective of the Conference was to bring in the
thought for enhancing project management skills to realize India’s Vision
to transform India to a developed nation with world class institutions
,infrastructure product and services.
The conference presented Industry views , case studies invited speeches
and technical papers that focus on how project management
practitioners play a key role in redefining the way India builds it
capabilities
9. Learn and Earn Session
PMI West Bengal Chapter conducted learn and earn session on 3rd December, 2016 on the topic of Measurement of Productivity in
Project Management. The speaker , Dr. Ashim Roy with an established core academic and corporate background gave us a different
perspective on productivity measurement in project management and this was something new the participants got to learn. He
enlightened us by covering variegated topic of general principal of productivity management, KPI and metrics bench-marked and
productivity measurement case studies from core industries and also how it can be used to increase our productivity. The event was
interactive with satisfactory feedback from the participants. The speaker was extended vote of thanks with a memento presented by
PMI WBC Chapter President Mr. Sumit Kr Sinha
Felicitation of Volunteers – Communication portfolio
Pratik Singh, Supratim Sen and
Pryanka Roy – volunteers of
communication portfolio were
felicitated by board members on
3rd Dec 2016
10. .
After getting PMP certified on May 2013, I decided to join
as PMIWBC volunteer in the training portfolio to collect PDU
which is required to renew the PMP certification but after
joining I realized its something more than this. It helped me to
keep myself updated with the PMI's new developments also
to interact with several professionals from various renowned
companies and their experiences which helped me a lot to
develop myself as a professional. I am feeling very proud to
say that within 6 months of joining I was appreciated as the
“VOQ- Autumn 2014". Volunteering my time for chapter
increased my opportunities for leadership ,collaboration,
networking and enhanced my professional profile. I can add
this volunteer experience in linked in profile too and it is
equally valuable as paid work experience. I have integrated
this with my professional profile and got the benefit in my job-
life. Overall its a good experience and will continue the same
in coming years.
Volunteering in PMI West Bengal Chapter is
something I always look forward to. Helping in the
activities of the Chapter gives a sense of
achievement and satisfaction that we are doing
something in this region and taking the PMI West
Bengal to the people. Apart from the happiness
we also get the opportunity to interact and create
networking with people in Project Management
field. I urge people to become an active volunteer
and participate in various affairs organised by the
chapter, form networking, make friends, add
PDUs, renew the certificate, take guidance on
career and certification and to get new learning
experience.
It was indeed a pleasant experience to receive the recognition
for volunteering work for the PMI West Bengal Chapter
(PMIWBC) in the AGM on 19-Sep-2015. The journey started
off with being a faculty for the PMP exam preparation session
in Feb 2015 and then the other opportunities followed. It
helped me to reach out to and network with professionals
beyond my organization. This recognition from the chapter
was also appreciated by PMI India and coined as setting an
example how a Champion can collaborate with the Chapter.
Such opportunities from PMIWBC helped me with a platform
for learning and sharing, and personally contribute to
corporate social responsibility initiatives of my organization
I have a passion for writing and by volunteering with PMI, I have got one of
the platform to explore my ideas and expressions. PMI WB has given me the
opportunity to sharpen my leadership skills, improving communication
capabilities, identifying my limits and strengths, showing positive impact in my
careers and help to build the network and relationships with large pool of
professionals of different industries and associations. The chapter gives me
the opportunity to connect with people of common interests but different
cultural norms. Involving with the chapter give additional experiences that I
haven't got in day to day work. Love to work with the people who are
passionate to share their knowledge and experiences for a cause. By
volunteering with PMI WB Chapter , only I can quote some famous words by
Helen Keller " I am only one, but still i am one. I can not do everything, but
still I can do something. And because I can not do everything, I will not refuse
to do something that I can do."
Pratik Singh, PMP, PM,Tata
Communications
Supratim Sen, PMP, Junior Engineer,
Indian Railways
Jaydeep Chakraborty,PMP Consultant –
Process Deployment, Tata Consultancy
Services, Ltd
Bishweshar Dutta ,PMP, Project
Manager, Nokia
11. Volunteer of the Quarter - Summer
Special
Appreciation as
“Volunteer of
Quarter , Summer
2016” goes to
Pryanka Giri
“Nobody can do everything, but everyone can do something”; Chapter recognizes and appreciates the effort and support of volunteers
for their contribution. This prestigious award of the chapter is in recognition of your leadership to take forward PMI West Bengal
Chapter initiatives in the region successfully aligned with its vision
PMI West Bengal Chapter leadership
would like to thank Pryanka for her
continuous contribution to the chapter
initiatives for Communication portfolio.
Congrats Pryanka!
Volunteer of the Quarter - Spring
PMI West Bengal Chapter leadership
would like to thank Pratik for his
continuous contribution to the chapter
initiatives for Communication portfolio.
Congrats Pratik!
Special
Appreciation as
“Volunteer of
Quarter , Spring
2016” goes to
Pratik Singh
PMI West Bengal Chapter leadership
would like to thank Anirban for his
continuous contribution to the chapter
initiatives for Training portfolio.
Congrats Anirban!
Volunteer of the Quarter - Autumn
Special Appreciation as
“Volunteer of Quarter ,
Autumn 2016” goes to
Anirban Dasgupta
Are we volunteering enough?
In an academic paper titled “Is Volunteering Rewarding in Itself?”, published on March 2004, the authors Stephan Meier and Alois Stutzer in
their conclusion mention: People who place more importance on extrinsic life goals benefit less from volunteering. Volunteering increases
happiness, which in turn increases the likelihood of volunteering. Happy people are more likely to volunteer.
The question then arises why more people do not volunteer in order to increase their life satisfaction. Do people underestimate the
benefits from intrinsic tasks like volunteering while they overestimate the value of e.g. additional time spent in profession, with family or in
leisure activities? Would Volunteering increase if the academic institutions, private and public enterprises promote the need for past
community services as a prerequisite for admission to a certain college or for employment in higher positions? Or the absence of
Institutional design, to mentor and guide the young volunteers is the reason behind low retention levels?
Possibly more research on the subject is required in the context of our country, state and local communities that we live in. But we do
strongly believe that if we in the eastern region of India are to overcome some of our inherent challenges that we seem to have been
burdened with, Volunteering across all age groups, gender and societal groups can play a significant role to bootstrap us and help the
society move faster in our journey to achieve growth and development.
Need a start … PMI West Bengal Chapter can be the point to start your journey of volunteering, write to us at
pmiwbc.membership@pmiwbc.org
12. . Etc that matters
Share your thoughts and suggestions to
pmiwbc.communication@pmiwbc.org
Visit Chapter Website http://www.pmiwbc.org/
@PMI_WB PMI West Bengal Chapter
PMI West Bengal Chapter
Barack Obama signs law on Program Management
US President Barack Obama signs into the Program
Management Improvement and Accountability Act of
2015 (PMIAA), which will enhance accountability and
best practices in project and program management
throughout the federal government
http://www.pmi.org/about/press-media/press-
releases/president-barack-obama-signs-the-program-
management-improvement-and-accountability-act
“Crisis of today is the joke of Tomorrow” . PMI is thrilled to present the Project Management FUN-DAS, a comic strip released every Wednesday
bringing humor to various management scenario
Registrations open for PMI India
Research & Academic Conference
A project management research and education
event that brings together scholars, professors
and students of project management and allied
disciplines, providing an opportunity to present
and discuss new project management research
findings and teaching methods
http://www.pmi.org.in/events/rac2017/