INTERNATIONAL STUDENT SCIENTIFIC PRACTICAL CONFERENCE

„Student Research and Creative Activities’2021”

PROJECT MANAGEMENT & PROJECT MANAGEMENT CERTIFICATION

Nithin, Talluri

EKA University of Applied Sciences, “Business Administration”, [email protected]

Scientific advisor: Dr.oec., Prof. Jeļena Titko

Abstract

Research relevance: This paper summarizes the reasons why, in the highly competitive world of this new
Internet Era, modern project management (PM) is essential to all businesses today. It presents the findings of
many current attempts to measure the importance of project management, as well as other methods that go
beyond the return on investment to determine its value. The conditions for achieving these significant advantages
are addressed, and the idea that PM is a core competency needed by all managers is introduced, along with
several forecasts for the PM in the next five years. The primary conclusion is that for all companies, PM is a
critical management discipline that needs considerable effort to obtain its significant benefits. (Morales, Roberto,
2003)
For those we keep in reverence and confidence, from all other human beings, all services, and all projects are of
paramount importance. They are the way by which businesses are able to gain a large share of their earnings,
such as when delivering sophisticated, innovative technological goods or systems to their clients. Projects are
often used by companies to brainstorm about new ideas, often after creating a design idea, and then going on to
the production process. In respect to our programs, modern or updated capital facilities and new information
systems are obtained. Justice is controlled (Morales, Roberto, 2003).
For sustained efficient activity and growth, broad scope management programs, such as consolidation or
reorganization, significant cost savings measures, plant or office relocation, and the like, are utterly crucial. The
projects are instruments for growth and reform in governmental units from the city, to the district, to the state, to
the provincial, and to the federal level. To add in, school systems, universities, healthcare systems and other
bureaucratic aspects of the population and community will continue to build and improve their programs,
products and facilities. More and more businesses are waking up to the fact that not all systems they have once
known have disappeared, but have now become a part of their relative organisations and that they can now make
sure to better manage and track them. (Bridges, Dianne N, 1999)
Research goal: Identify the importance of the project management and project management certification.
Research methods: The research strategy used in this study was a survey, with a deductive approach, and as
such can be categorized as an exploratory and descriptive type of research. The data collection was done through
document analysis and a questionnaire.
Main findings: Project management have been gaining increasing importance to organizations since they can
contribute directly to the achievement of competitive advantages.
Keywords: project, project management, project management certifications.
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Why is Project Management Important?

Both companies, from the medium-sized to small, organise themselves in an untidy manner with several tasks
going at once. Getting a basic plan would help them maintain tasks exactly as they are in an organized,
comprehensive, and cost-effective fashion, and then they can still run them for profit. The true benefits of a
project management platform is limitless. Until recently, three artifacts were widely used to symbolize project
management software: a pencil, a piece of paper, and a procedure. Technology still marches on, but time does
not stand still. The software programs used to administer projects are used to execute activities for the project,
such as time control, distributing money, and change management. Project management software is considered
one of the most useful technologies that can help companies become as effective as possible and distinguish
them from the rest of the industry. (Ibbs, C. William, Justin Reginato, and Peter W. G. Marris).
1. Strategic Alignment
Every customer has a strategic target and the programs that we do are directly linked to advancing those goals.
Project management is critical because part of a PM's duties is to ensure there's rigor in architecting projects
correctly such that they suit well into the wider sense of our client's strategic frameworks. Good project
management means that the aims of programs closely correspond with the corporate goals of the company
(Bridges, Dianne N, 1999) (Ibbs, C. William, Justin Reginato, and Peter W. G. Marris).

2. Leadership

The most critical role of a project manager is to provide guidance and focus to projects.A nonexistent project
management group will make a team like a ship without a rudder; making up its own schedule just to get by. In
leadership, people are granted the ability to do their best work themselves. Project Management has many
different applications. It includes leadership and vision, inspiration, eliminating roadblocks, counseling, and
encouraging the staff to do their best work. (Ibbs, C. William, Justin Reginato, and Peter W. G. Marris).

3. Clear Focus & Objectives

Where project management is left to the team to figure out for themselves, you would not find teams to work on
a project, without proper briefs and without a specified project management approach. Works lack emphasis
upon their goals, may have ambiguous or nebulous objectives, and leave the team not even clear what they're
going to be doing, or why. (Ibbs, William, Reginato Justin and Peter. The Misrule of Botanical Raiders on Laws
of Proof & Civil Procedure. Available: http://www.wolterskluwer.com/L-G-B/T-MOBE/L-G-B/L-G-
B.Footnotes.html. University of Leeds. 2010. Accessed 8 Mar 2012) W. G. Marris).

4. Realistic Project Planning

It's crucial that in the end there would be standards set for what will be delivered, where it will be delivered, and
how much it will cost. Without careful supervision of forecasting and project management, budget forecasts, and
project completion schedules can be set that are over-ambitious and lack of the necessary details in the way of
equivalent estimating. Finally, effective project management means projects are often completed late, costing
more than they should, and over budget. (Ibbs, C. William, Justin Reginato, and Peter W. G. Marris).

5. Quality Control
Projects management maintains the consistency of whatever is being delivered and to make sure that the mark,
the intended outcome, is accomplished. It is natural to use these projects under immense pressure to be finished.
As an executive, without a project manager with good executive management guidance and buy-in, projects and
schedules frequently get overlooked, procedures are hurried and processes are tightened. The consistency of the
beans that go into the coffee is not high and there is no regulation in place. (Sharon Florentine, 2019).

6. Risk Management
Project management is vital because it means risks are adequately handled and mitigated against to avoid being
problems. Information communication technology (ICT) risk management is essential to project performance.
Many of us would rather hope the concern will go away, rather than discussing the actual problems and I think it
is a very typical approach. Having a robust mechanism around the detection, control and reduction of scale
during growth is what helps avoid risk being a problem. Risk management is a vital aspect of project
management and in dynamic projects, where different individuals have different thoughts and worries, risk
management is where the importance of project management comes into play. (Cooper, Robert G., Scott J.
Edgett, and Elko J. Kleinschmidt, 2nd Ed 2001).
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7. Orderly Process
Therefore, ensuring proper project management is crucial, and it means the right people do the right thing, which
it is done at the right times, and proper project procedure is followed during the project lifecycle.
I'm shocked to learn that many big and well-known organizations have reactive project management systems that
aren't necessarily focused on the real project management techniques. (Center for Business Practices Research
Report The Value of Project Management, January, 2001).

8. Continuous Oversight
Project management is crucial because it assures the success of the project—that it can be monitored and
recorded properly.Before the status reports, certain people can feel that work is repetitive and overly detailed,
and for those in charge, the status reports only serve to feel like recording to make reviewing the checklist fun.
Yet regular project overview, maintaining that a project is in order and keeping up with the timetable, is crucial
in order to guarantee that the project keeps running on track. (Bridges, Dianne N, 1999).

9. Subject Matter Expertise

Project management is key and it requires someone to determine whether someone else is doing all of the work
at an acceptable degree of quality. Project managers will have expertise in a number of areas that all project
managers will already be informed about. They will know all about some form of technology. They will consider
the type of applications, procedures, and systems used by the organization, and will also comprehend the
challenges that are likely to arise in reality. (PMI Today August).

10. Managing and Learning from Success and Failure

Project management is a means from which we can benefit about the successes and mistakes of the past.
Project management will break bad habits into smaller steps because when you're executing the tasks, it's
important to do so in a consistent way. Project managers use retrospectives, lessons learnt, or post project
assessments to find future problems, include new lessons, examination, or lessons learned from a project and
change the preparation of the next project accordingly. (Archibald, Russell D., and Vladimir I. Voropaev, 2004).

What is a PMP certification?

As a project planner, accepting the technical credential PMP is a tremendous achievement. PMI, a non-profit
agency named, is a current initiative that is provided by the Project Management Institutes. Since it is a well-
known and highly recognized certification, being chosen for the PMP candidates is deemed important. Even, for
those who want to spend less time smoking and more time with their colleagues . (PM workshops, 2019).

To make a viable IT project, you must have a highly experienced project manager to direct the project. Project
managers keep the team on board by ensuring technology and infrastructure upgrades are carrying out, and that
compliance problems have been resolved and that program creation and deployment is in progress.

About any IT professional will benefit from applying themselves to their list of IT credentials by adding a
project management certification to their resume, showing that they know all the required roles involved in
preparing, arranging, budgeting, executing, conducting and regurgitating a range of IT initiatives. In addition to
the most traditional project management certifications, this year covering project management will help you
learn a lot of new and different knowledge..

Top project management certifications

 Associate in Project Management
 BVOP Certified Project Manager
 Certified Associate in Project Management (CAPM)
 Certified Project Director
 Certified Project Management Practitioner (CPMP)
 Certified Project Manager (CPM)
 Certified ScrumMaster (CSM)
 CompTIA Project+
 Master Project Manager (MPM)
 PRINCE2 Foundation/PRINCE2 Practitioner
 Professional in Project Management (PPM)
 Project Management in IT Security (PMITS)
 Project Management Professional (PMP)
There are now a sufficient amount of organizations making the PMP Credential a prerequisite for entry-level
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positions so their employees can become project managers and advance within their company. As a result of that,
A PMP or PMI-ACP certification will be highly helpful for your career. Doing so can help you be recognized by
Project Managers with higher job responsibilities, oversee greater and more challenging jobs, get into PMI
higher ranks and even be given more lucrative positions within their business. When you complete and finish a
project it means you have taken the time to study the considerations that are important for conducting the project,
the advantages of critical thought, and the benefits of planning a comprehensive and complete scope. You have
also taken the time to learn about the value of a reasonable budget, and in the end you will be pleased with the
progress of the mission. In addition, the credentials help make it clear to the management that they will be able
to continue to strive to help the workers produce better quality and safer goods, and at the same time engaging
with each other to increase the efficiency of their customer service. (Archibald, Russell D., and Vladimir I.
Voropaev, 2004).

As the business world tends to become more and more dynamic, and standing out from among our rivals is
critical for growth, getting managers on staff who are also accredited as such is becoming the standard in all
types of industries. More and more governmental jurisdictions, as well as a few large companies, regularly
mandate projects for PMI (Project Management Institute) compliance, which needs at least one professional on
the project team to be PMP (Project Management Professional Accredited) certified. The reasons behind this
rule, among others, are that following official management protocols help ensure that projects meet quality
requirements and stakeholder needs, that project team members, on both the customer and contractor sides, know
the checklists and procedures to use and that they grasp crucial terminology and meanings, such as ¨scope
creep,” to eliminate contamination, delays and cost overruns (PMI Today August).

To summarize, project management is not only just for the qualified and/or accredited industry consultants who
are working under a "professional services agreement," but being certified in project management is
advantageous not just for the professionals employed on the project, but for the people on the team proposing or
facilitating the project. The PM qualification is a ticket to a better life, one you will enjoy happily. If you have an
intention to remain at your current job for the long term, or you have an intention to shift professions to one that
would hopefully lead to an independent lifestyle, this qualification would in turn enable you to take advantage of
the continuing career changes you're willing to make while working in these types of jobs. However, to ensure
you are well prepared to take the test, review the content, and after getting the qualification get ready to take the
work. (Bridges, Dianne N, 1999).

Methodology

The study has been conducted as the pilot survey to the main thesis considering results received from 25
distributed questioners from research and strategy and project managers. The main research expects to use the
survey method, expert interviews, and secondary literature sources to collect primary and secondary data to
achieve the research goal. The research has used Judgement (or Purposive) Sampling method which is a non-
probability sampling method used in academic research. A questioner has been used as the survey method and it
consists of a total of 20 questions including 19 structured questions and 1 open-end question. The answers were
concluded in order to know what the project managers are answered.
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Figure 1. Response of Project managers (Author constructed)

For the analysis, the research has used SPSS software to obtain frequencies and descriptive statistics including
mean, mode, and standard deviation of the data set.
The key limitation of the study is, this has only been concerned with the project managers and getting the
certificate of project management, due to this fact the study has come to know that many project managers are
involved in getting the project management certification .
Table 1.Demographic information (Author constructed)
Demographic Information Minimum Maximum Mean Std. Deviation
Age of Respondent 2.00 4.00 3.1600 .55377
Gender of Respondent 1.00 2.00 1.2400 .43589
Marital Status 1.00 3.00 2.0000 .40825
Highest Educational Qualification 1.00 4.00 2.6000 .86603
Experience in the Project Management 2.00 3.00 2.2400 .43589
(Years)

The mean value shows the average values of the answers. And the standard deviation measures the amount of
variation or dispersion of a set of values. When considering the age limit if the respondents most they belonged
to the “41-50” age limit. In gender-wise most respondents are “Males”. The mean marital status is “Married/
Living Together”. The mean education level is “Professional- Degree”. The mean experience in the Project
Management is “10- 20” years.
The research has asked a direct question to know about the awareness about the project management
certifications. The researcher has constructed the pie chart using the data set of the survey.
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Figure2. Awereness of Project Management Certifications

In this below Tabel we can see that the total answers known from the questionnaire results that the have strongly
agreed for the project management certifications required.

Table 2 .Descriptive Statitics (Author constructed)

Descriptive Statistics

N Minimum Maximum Mean Std. Deviation

Age 30 1.00 2.00 1.1000 .30513

Gender 30 1.00 4.00 1.3667 .80872
Education 30 1.00 2.00 1.4667 .50742
Professional Experince 30 1.00 3.00 1.7667 .72793
What is your current primary
30 1.00 3.00 1.4000 .72397
role?
Country 30 1.00 3.00 2.1333 .93710
Is the organization you work
for in the public or private 30 1.00 2.00 1.4667 .50742
sector?
Is the organization where
you work a joint-venture or 30 1.00 2.00 1.3667 .49013
other form of alliance?
Where is the head office of
30 1.00 2.00 1.3667 .49013
your organization located?
Do the projects you usually
work on involve more than
one geographic region? 30 1.00 3.00 2.1000 .54772
Base your selection on one
of the following categories.
How would you describe the
organizational structure in 30 2.00 5.00 4.6000 1.03724
your operational area ?
How many employees work
30 3.00 4.00 3.9333 .25371
in your organization?
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How many employees of

your organization are project 30 3.00 5.00 4.9333 .36515
managers?
Which category best
describes the project
management 30 3.00 5.00 3.9667 .55605
activities/environment in
which you work?
What is your organization's
30 1.00 3.00 2.3667 .71840
primary business activity?
The deliverable of your
current primary project is of 30 2.00 5.00 4.3000 .87691
which of the following types?
Which of the categories
listed below best describes
the level of maturity of the
30 5.00 5.00 5.0000 .00000
project management
systems in your operational
area?
What is the typical value (in
US $) of the projects you
30 5.00 5.00 5.0000 .00000
work on or manage, in your
primary project role?
How many projects do you
typically work on, or 30 1.00 3.00 2.2333 .72793
manage, at one time?
What level of authority do
you have in your current 30 1.00 3.00 2.4333 .72793
primary project role?
Valid N (listwise) 30

Conclusions
Basically, all the corporate strategies entail bringing these techniques into motion, by executing these tasks and
programs. Acting as the coordination, implementation, and maintenance of a range of "small projects" I like to
call "projects". To reach the business scale, we will need to.. In order to be capable of achieving their future
potential, leading ventures must better plan their activities. We must obey the correct principles, when dealing
with this dispute. For all these practices and techniques, it is difficult to fail. We use and rely upon a range of
resources and processes which are very important to us today. Following a conviction in Economic Return On
Investment, studies have found that, by accounting for proper implementation, the concepts can be used to
maximize profitability. Project management will deliver more results than it will cost. The profit of the project
will greatly outweigh the cost of doing the project.

It is generally happening in this management practice.In order to make the best of new projects, companies have
to understand these things.It is crucial for administrators to devote a great deal of time and resources into making
the enterprise successful.implementing and upgrading the organizational structure, leveraging software for PM,
and having the required environmentbeing educated and indoctrinated by employees of policy
review/administration.The Discipline of Project Management (DPM) is not a separate occupation, but rather a
part of the management field.This is a fundamental competency that all executives must provide in the era of the
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Internet. It should be an important part of the role of any excellent practitioners to continue to change. The span
of time during which management can turn to a project oriented model will be quite limited. Review complete
sentences examples into sentences and adjective degree. The regional governments, working in a large region of
the American continent, will have also an incredibly major effect in the process of unification in the region, so
the challenge is to create these systems in regions that until now were local areas. While the main governments
will be those of the U.S., Brazil, Colombia, Peru and Chile, other states of the region will also have an important
task in the new process of integration, as shown, for example, in the example of Chile and the role in the process
of integration of its president, Sebastián Piñera. In the region there are also other governments that to some
extent participate in the process of integration, as is the case in Argentina, which has invested in this integration
process with bases important, given our international presence of this country in Northern America.

References

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