Complex requirements in project management and lack of necessary management skills are two things costing companies billions of dollars a year in lost production. Boston University aims to help solve that.
Boston University Corporate Education Center announced the availability of a free instructional white paper for project managers titled Eight Powerful Ways Project Management Training Will Boost Your Career.
“As project managers see their jobs become more complex, they need new skills to handle their new responsibilities. Many employers are requiring project managers to develop additional project management skills or be certified,” Boston University said in a statement.
The white paper outlines the necessary steps to develop critical IT project management skills and prepare for PMI(R) certification. To obtain a free copy of this white paper, go to http://www.butrain.com/nl.asp?sid=320667, or call Boston University at 1-800-BU-TRAIN (288-7246).
“Successful executives in fields such as finance, health care and IT are harnessing the power of their careers and updating their project management skills,” said Gina Westcott, Director of Management Development Programs and Product Development at Boston University.
“Additional project management training and certification can often mean a higher salary, better job satisfaction and expanded career opportunities.”
According to The Standish Group International’s CHAOS Chronicles, the lost dollar value for U.S. projects in 2002 is estimated at $38 billion, with another $17 billion in cost overruns for a total project waste of $55 billion against $255 billion in project spending. Thirty-one percent of all projects are canceled before completion. Eighty-eight percent of all projects finish over budget and/or late.
“Corporations have found that training team members in project management best practices increases their overall organizational effectiveness by helping them realize higher profit margins and on-time project delivery.”
