This is about the connect between TECHNICAL ( DOMAIN) related matters and ECONOMIC DRIVERS of Engineering projects( Civil, Mech, Electrical. Chemical, Instrumentation)
And YES!..............it is F R E S H ! sort of first time in India
Engineers are primarily tuned to understand TECHNICAL stuff. Many of them takes years to learn the connect between Technical stuff and Economics issues related to a project.
No; it is a myth; you do not need an MBA period ! (In fact, a mere MBA tag is not going to be adequate also ! )What is required is an ANALYTICALLY oriented mind to understand the concepts because the program is guided thru problem-solution mode of pedagogy.
Again, please note, Competition is forcing Cos to have engineers with composite skill-sets especially those who can co-relate the ‘NUMBERS’ with the technical concepts. In fact, a good middle level engineer with sound understanding will be a better decision maker because she/ he will be able to better customise the parameters related to project.
Absolutely no ! It is an all-round program containing all major aspects related to Project Engineering - Modes of Contracting, investment criteria , Loadings, Bid Evaluation, Guarantees, Liquidated damages, Indexing , Scale up/ down, Costing aspects, Scheduling, International Contracts , Interface Engineering, Financing, Vendor qualification, Inspection etc. etc.\
For example, Scheduling: Just learning activities, predecessors and successors is not enough. The program trains how to debug the schedule with simple examples.
In summary, it is a 360 o view of the Project Concepts with the aim of customising for a particular project.
Further, because it assumes the participants to have understanding basic issues , topics like Costing is covered in only a rudimentary manner; so somebody less experienced does not get to grasp those !
Apart from this, there are many other aspects co-relating the domain issues with numbers which is not covered at all in PM training. ( and that is why many PM trained and certified engineers attended this program!)
No; in fact, we have to state that the TRIGGER for coming out with this program is the DISCONNECT we found between the conventional Project Management training program offered in India, which, by and large copies the western concepts without understanding the profile of typical Indian participants – especially Mid/ Entry level Engineers.
The fact that a lot of our participants were Engineers who were already certified in PM training from globally renowned organisations itself is a testimony as to why they enrolled in our program !
The primary gap in conventional PM training is that it is akin to ‘enrolling for PhD without undergoing a Graduate program’ ! …………..in the process, the candidate just get some theoretical stuff which evaporates soon after he/ she leaves the program venue !
Not at all; PM training – in its current form in India- is suitable for only those who have learned the basics, applied it in their jobs and gained significant experience. We would say conventional PM training is suitable only for very senior professionals ( How many really use say, MONTE CARLO ANALYSIS and INTEGRATED CHANGE CONTROL? )
On a practical level, we are of the opinion that Project Engineers should first learn basics – Investmet criteria, costing, indexing , scheduling, financing methods etc before looking for strategies, EVM etc.
Yes, we are aware of that!
May be you can investigate HOW MANY of them got jobs on the strength of those CERTIFICATES ! …………
Well yes, say 10 years ago, these certificates had some values since very few ( less than a few hundreds every year) were certified; besides, those programs were off-line, conducted by well-qualified faculty and hence assured quality.
Now 100’s of 1000’s of Engineers with CERTIFICATION are in the market looking for jobs and hence mere certificates are of no special attraction to employers !
As for candidates, AFTER spending precious money on course and certificates, many of them regret !
In fact, we have trained Engineers who were already trained in PROJECT MANAGEMNT and CERTIFIED!
And all of them have given excellent feedback about this program ! ……In fact at least one person openly admitted "Sir, we are learning a lot of things new here" ( look up 'PARTICIPANT SPEAK') -
The reasons are very easy to judge: Virtually, all of these engineers had very little exposure to Concepts in projects before they enrolled for PM training. Obviously, while they learned a few things during the course of the PM training program, it evaporated soon after they left the program venue ! …………..
Whereas in PROJECT ENGINEERING MANAGEMENT training, they were learning by actually performing the exercises and VERIFYING THE RESULTS THEMSELVES and getting to the ultimate objective – that is finding the connect between the core tech stuff and 'numbers'!
Very much ; in fact, the entire program is structured on concepts used in international projects.
We cover all salient features necessary to give you a ringside view of aspects related to international projects.
First, this is not a typical PPT based training .
The program is INTERACTIVE right from the word go ! It is almost like a workshop !
The participants are expected to come with calculators and note books. All exercises ( interwoven throughout the program! ) will be performed then and there. (Some home works also may be given for those who are willing to go the extra mile to learn ! )
No; at least for now. However, we have already stated that the age of ‘certificate- hunting’ by prospective employers is over ! Industries now look for what VALUE YOU BRING TO THE BUSINESS; they no longer trust a piece of paper which nowadays (virtually)every candidate brings !
By the time you finish the program, you will figure out yourself ! Again, please see 'PARTICIPANT SPEAK'
Well, our focus is on INTERACTIVE LEARNING where EVERY SINGLE candidate is tagged and probed about the whole content before she/ he leaves the program. With that in focus, we limit our batch size to about 25-30.
PEM basics is primarily putting the foundation of Project Engineering Management and is primarily targeted at Engineers who need to learn basics about the Project Engineering. Advanced course is putting the next layer with in-depth approaches to topics covered in basic course as well as covering inter-related subjects like Business cycle and CQT triangle, Project Evaluation techniques etc.