Dec 3, 2013

Executive, legislature, judiciary need to work together to ensure projects’ success: Oil Minister

New Delhi : Underlining the importance of successful execution of projects for India’s growth, Minister of Petroleum & Natural Gas M Veerappa Moily said here on Monday that it is imperative that the executive, legislature and judiciary work in tandem so that the projects do not get stuck on account of any differences among them.

“If the executive, political and judiciary join minds, India will march ahead. We have to adapt according to the changing times. There is always a need to move from the past and adapt to new technologies and innovation. If there is a slight change in mindset, I am sure India will become energy efficient by 2030,” the Oil Minister said in his inaugural address of the two-day Global Symposium on ‘Linking Project Mindset to Nations Prosperity’. 
Mr Moily, whose efforts to establish IT Park in Karnataka on the lines of Silicon Valley in the United States bore fruits, said that focus should be laid on hiring right people at the time of recruitment only as it is the right mindset which leads to successful implementation of projects from the time of conception till execution.

Good governance, he said, can be delivered via right project mindsets, which was the theme of today’s symposium.

The minister threw light on the issues confronting various projects like non-availability of statutory permissions/environment clearances in time, delay in land acquisition, poor performance of contractors, or not taking into account the risks which could bring the projects to a halt, among others, and where the expertise of project professionals could come in handy to deal with such situations efficiently by way of prompt decision making, fixing accountability etc.

“No profession can be complete without a body of evolving knowledge, constant research, training of professionals and a certifying body that tests and awards certification to professionals. We have that for our doctors, our lawyers, our chartered accountants, but not for our project professionals who are building our nation,” the minister added.

Mr Adesh Jain, Honorary National President of PMA India, said that successful execution of projects is directly linked to the economic growth of a nation and thus it becomes increasingly important for India to push for project management aggressively in the country, which lags behind China by a huge margin in terms of Certified Project Managers (CPM) based on demonstrating competencies on the IPMA Level C.

Out of approximately 42,766 International Project Management Association (IPMA) Level C Certified Project Managers (CPM) globally, 43 per cent are in China (about 18,900), while India has only 114, as per Project Management Associates (PMA), the Indian member association of IPMA.

“Projects fail because people helming them are often inadequate for the job, fail to manage uncertainties, mistake half baked ideas as viable, set unrealistic deadlines and fail in urgent crisis management. Risk management is crucial and we must do detailed planning and prepare for tackling uncertainties. Projects are undertaken to build the future which is full of uncertainties,” Mr Jain said.

He highlighted the need for producing certified professionals who have demonstrated their competencies beyond doubt instead of only getting a exam based certification. Competency assessment based certification would improve management of projects. 

IPMA, the only federal structure based PM organization having Member Associations from 57 countries, is the only global not for profit PM association which provides PM certification all the levels of management.

The minister also conferred honorary CEPM-PMA Fellowship 2013 upon Ed Hoffman, Ph.D (USA); Homayoun Khamooshi, Ph.D (USA); Hital Meswani, Executive Directer, RIL; D K Sarraf, MD, ONGC Videsh Ltd; B C Tripathi, Chairman and MD, GAIL India; and Ravi Uppal , MD & Group CEO, JSPL.

Mr Moily patted the PMA for continuously holding a Global Symposium since 1993, providing an effective platform to share best practices and foster fraternity among professionals from various nations.

PMA, the only National Association of project professionals in India, administers IPMA’s globally used 4 Level certification system for project professionals at different competence and skill levels.

Eminent speakers, including Adviser to Prime Minister T K A Nair who is Honorary chairman of the Symposium’s International Advisory Council (IAC), were present.        Mr. Nair emphasized that “we need to do detailed planning and set realistic targets”.

The symposium is being supported by the Ministry of Statistics & Programme Implementation (MoSPI) and Ministry of Communications & IT (Dot), Ministry of External Affairs and Ministry of Power, in association with IPMA, Asia Pacific Federation of Project Management (APFPM) and International Institute of Projects & Program Management (12P2M).

Press Release

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