Latest news with #ProjectManagementInstitute
Business Upturn
23-05-2025
- Business
- Business Upturn
PMI Podcast Explores India's Agritech Revolution with UrbanKisaan CEO
About The Shift Code PMI President & CEO Pierre Le Manh takes listeners inside real stories of organizational transformation from sectors and regions across the globe. Join us for insightful conversations with top leaders in transformation as they give a behind-the-scenes look into the strategic and digital innovation driving their journeys, their lessons learned, and the professional skills needed for success. About Project Management Institute (PMI) PMI is the leading authority in project management, dedicated to guiding the way to project success. Since 1969, PMI has shone a light on the power of project management and the people behind the projects. With a global community, gold-standard professional certifications, and career-long learning opportunities, PMI empowers current and aspiring project professionals, as well as organizations, with knowledge and resources to lead effectively and create an impact in the communities they serve. Join PMI in elevating our world – one project at a time. Connect with us at on Instagram @pmi_org, and on TikTok @PMInstitute. PMI Trademarks Project Management Institute, PMI, and The Shift Code are trademarks and/or registered marks of Project Management Institute, Inc., in the U.S., in India, and/or in other countries. All other trademarks are the property of their respective owners. Submit your press release Disclaimer: The above press release comes to you under an arrangement with Business Wire. Business Upturn takes no editorial responsibility for the same. Business Wire is an American company that disseminates full-text press releases from thousands of companies and organizations worldwide to news media, financial markets, disclosure systems, investors, information web sites, databases, bloggers, social networks and other audiences.
The Wire
23-05-2025
- Business
- The Wire
PMI Podcast Explores India's Agritech Revolution with UrbanKisaan CEO
The Shift Code™ podcast highlights India's potential to solve the grain crisis through agritech innovation New Delhi, Delhi, India – Business Wire India As global food security concerns escalate, Project Management Institute (PMI), the world's leading authority in project management, is highlighting India's potential to lead the way in sustainable agriculture through innovative technologies. The … Continue reading "PMI Podcast Explores India's Agritech Revolution with UrbanKisaan CEO"
Mid East Info
19-05-2025
- Business
- Mid East Info
Shortage of Project Talent Endangers Global Growth According to Global Project Management Talent Gap Report
The ten-year outlook highlights where demand will soar, which regions have a greater need, and why project talent is now imperative for sustained global growth UAE – May, 2025 – Up to 30 million new project professionals are needed to meet global demand by 2035, with up to 1.8 million professionals needed specifically in the Middle East according to the new Global Project Management Talent Gap report from Project Management Institute (PMI). As the world accelerates into an era defined by economic uncertainty, disruption, and digital transformation, it is clear that project professionals are more essential than ever. As of now, there are currently 1.3 million project professionals in MENA, thereby, the increase in demand opens a gap of up to 629,000 project professionals. There are almost 40 million project professionals in the global workforce today. To put this in perspective, the global workforce includes approximately 25 million software developers and around 30 million nurses underscoring the scale and significance of the project management profession. But projected demand is rising sharply – particularly in fast-growing regions like South Asia, Sub-Saharan Africa, and China, where major infrastructure projects, industrial expansion, and digital transformation are creating unprecedented needs for skilled talent. 'Our world is in flux: economically, politically, environmentally', stated Pierre Le Manh, PMP, President and CEO of PMI. 'The need for change is everywhere. And change only happens through successful projects. That makes this a defining moment for project professionals. We don't just need millions more of them, we need them ready to lead, to deliver, to turn bold ideas into real and sustainable outcomes. The talent gap in our profession isn't just a workforce issue. It's a barrier to progress for business and for the future of the world.' This projection aligns with the World Economic Forum's Future of Jobs Report 2025, which identifies project managers as a key role driving net employment growth through 2030 and ranked it as the 12th fastest-growing job role globally. As an essential role in business transformation across regions and industries, project managers are critical to navigating the rapidly evolving future of work. 'The MENA region is on the cusp of a historic transformation, powered by visionary national agendas, and some of the world's most ambitious megaprojects.' stated Hanny Alshazly, Managing Director for the Middle East and North Africa at PMI. 'Up to 1.8 million project professionals will be needed across the region by 2035. At PMI, we're committed to equipping individuals and organizations with the skills to deliver impactful, future-focused projects by fostering local talent, embracing innovation, and enabling long-term strategic success. Through this, we aim to help the region not only meet its ambitious goals but also set a global benchmark for sustainable development and excellence.' Key Takeaways from the Report: Up to 30 million more project professionals will be needed by 2035 to meet global demand. Up to 1.8 million will be needed specifically in the Middle East and North Africa region, with up to 148,000 estimated in the United Arab Emirates alone. Fastest growth regions include South Asia, Sub-Saharan Africa, and China—fueled by infrastructure investment and digital innovation. The region is also fueled by a demand in modernized infrastructure, economic diversification and megaprojects with a growth rate of 42%. Growth in UAE specifically is projected to be up to 41.6%. Sectors under pressure include construction, manufacturing, IT services, and healthcare—with projected demand for project professionals increasing by as high as 66%. The Middle East has also seen a strategic focus on national development plans, local capacity building and collaboration with the private sector. Mature economies, including North America and Europe, face stalled supply of project professionals due to aging populations and shifting labor force trends. The opportunity: Reskilling, upskilling, and opening new career pathways can help close the gap and elevate the profession globally. The report finds that in high-growth markets, transformation is being driven by urgent needs, ranging from infrastructure expansion to rapid digitalization. Project talent is what makes that transformation possible, enabling organizations to turn complex ambitions into tangible outcomes. In contrast, mature economies face growing challenges as experienced project professionals retire, and delivery models can't keep pace with evolving business needs. Those who invest in modern project talent today will have a competitive edge tomorrow. The future is built on projects, but the world faces a critical shortage: skilled project professionals. With demand accelerating across all regions and sectors, project professionals who take ownership beyond delivery, connecting projects to business value and long-term impact, will be indispensable partners to the C-suite and central to the world's most critical transformations. About Project Management Institute (PMI) PMI is the leading authority in project management, dedicated to guiding the way to project success. Since 1969, PMI has shone a light on the power of project management and the people behind the projects. With a global community, gold-standard professional certifications, and career-long learning opportunities, PMI empowers current and aspiring project professionals, as well as organizations, with knowledge and resources to lead effectively and create an impact in the communities they serve. Join PMI in elevating our world – one project at a time.
Forbes
13-05-2025
- Business
- Forbes
This Job Pays $120K, No Degree, With 64% Increase In Demand Thru 2035
This job focuses on getting things done. A significant employment gap has emerged in the white collar job market, and job seekers are taking notice. This role includes great growth prospects and an impressive paycheck, with no college degree required. With an average salary of $120,000 per year, the industry reportedly needs 35 million workers through 2035. A shortfall is currently facing multiple industries right now, with jobs that have (so far) been untouched by the advancement of AI. Discover how to access a high-paying project management opportunity, and what skills you need to succeed in the job. Is project management a good fit for your career? Project managers, or PMs, plan, organize and direct projects to make sure they are delivered on time, on budget - and within existing quality and safety standards. 'As a project manager, you're the liaison between the business capabilities and the deliverables,' explains Ordonna Sargeant, an Adjunct Professor at the Metropolitan College of New York and a project management specialist. It's a people-first position. 'The soft skills in the role - listening to people, understanding the KPIs (key performance indicators), are critical." What about AI? Is this a job that technology can replace in the near future? "Throwing technology tools at a very human process is not always the fix.' Sargeant says, refering back to skills around negotiation and predictive analysis of potential risks and outcomes. The Project Management Institute says that 90% of a project manager's day is spent on effective communication. However, problem solving skills, adaptability and strategic thinking are also vital for the job. According to the PMI Institute, there are multiple certifications available for the project manager role. The most well-known, Project Management Certification (PMP), is obtained by taking a test, which cost a few hundred dollars. Academic courses to prepare are affordable: at Houston's Rice University, a 12-week PMP prep course costs $1,995.00. The Project Management Academy offers on site instruction from Atlanta to Seattle, at a similar pricetag. 'There are also books, online articles…you can even go to YouTube university,' Sargeant says with a chuckle. 'I am extremely proud of being the calm in the midst of chaos, inside a project,' Sargeant says, reflecting on 15 years of experience as a project manager. Ordonna Sargeant, PMP, CSM, LSSGB She integrated a complex array of deliverables as part of the redesign of the Volkswagen website in both English and Spanish. 'The sense of accomplishment, when you look back on what your team has done, is hard to beat,' she says. Project Managers are folks who are drawn to structure, she shares, but adaptability is a key skill. In the midst of chaos, order is what is needed - and project managers have to be able to balance various agendas and tasks in order to carry out the role. AI can still play a part - in helping managers to assess risk and organize tasks. Just as the map is not the actual territory using AI can only take you so far. Have you noticed that Colorado is surprisingly flat on Apple Maps? When it comes to human to human interaction, objectives and obstacles, project managers use AI as a tool - not a replacement. The key is understanding the role of the project manager, inside an organization. For job seekers, how much authority or strategic input will you really have? Communication skills, in this role, are crucial - so that you understand the puts and takes of the organization or team you serve. High growth industries for PMP certified jobs include manufacturing, finance, energy and (wait for it) technology. Could project management be the safe harbor in the technology hiring storm?
Fast Company
12-05-2025
- Business
- Fast Company
How effective project management is revolutionizing AI transformation in organizations
For many businesses, AI is a must-have. Whether integrating it into customer service functions or using it to cut down busy work and boost productivity, companies now see AI as an essential tool in their technology arsenal. But how can leaders ensure that their companies are using it to its fullest potential? That was the topic of a recent panel discussion sponsored by the Project Management Institute (PMI) at the Fast Company Grill during SXSW. Three business leaders weighed in with their thoughts on how companies should—and shouldn't—proceed when jumping into the world of AI. Here are three takeaways from their conversation. (Scroll to the bottom to watch the entire panel discussion.) 1. Think big. Start small. Iterate often. In the startup tech world, the mantra has long been 'move fast and break things.' But when it comes to AI, it pays to take a more calculated and deliberate approach. Kathleen Walch, director, AI engagement and community, Project Management Institute, sees a much higher failure rate when companies roll out AI projects compared to typical tech upgrades. 'What is causing these projects to fail?' she asked. 'It really comes down to making sure you understand what problem you're trying to solve . . . and making sure that AI is the right solution.' That doesn't mean companies should play it safe when considering where to apply powerful AI technology. 'The other challenges we see with organizations is not dreaming big enough,' said Sarah Bird, chief product officer of responsible AI at Microsoft. 'You really need to pick that right use case where, when you get it right, you're going to be absolutely thrilled with the outcome. If you start with something boring and then it turns out boring, you're like, 'Why did we go through all that effort?' ' Leaders should also beware of the potential for a bureaucratic watering-down of their ambitious AI plans. That's been the experience of Tom Geraghty, vice president of digital innovation at Universal Destinations & Experiences. He's been on the team building Universal's Epic Universe, the highly anticipated new theme park that's set to open in May at Universal Orlando Resort. 'Some of my best friends are lawyers, finance people, and they're all going to chip away at your idea,' Geraghty said. 'So, make sure that your vision is super grand and you have room to compromise for physics and gravity, lawyers and money and time, and all the rest of that stuff, and you'll end up with something amazing.' 2. Make your team smarter. Using AI effectively is a learned skill. Before rolling out access to AI throughout the organization, companies need to take the time to educate their employees up and down the ranks on its potential—and pitfalls. 'The most successful organizations that we've seen start with that first and figure out how they're empowering and educating their employees,' Bird said. 'And then you start to see the magic happen after that.' That on-the-job training doesn't have to be handled in-house. Companies such as PMI provide e-learning resources to help upskill and educate employees across an organization. At PMI, professionals can access a broad menu of education and certification programs, with many aimed at helping project managers learn how to use generative AI and gain insights into prompt engineering. 'Everybody's at a different stage in their AI journey, and that's absolutely okay,' Walch said. '[PMI] is being very forward-leaning and saying, 'How can we help those project professionals along their entire journey?'' 3. Get out of the sandbox. The first step in introducing AI is identifying where and how to apply it. Once that decision is made, the next phase is to get that project off the ground quickly. Walch noted the strong temptation to stay in the sandbox—to run tests over and over until there's certainty that it'll work in the real world. 'We always say do pilots, not proof of concepts,' she said. 'Proof of concepts prove nothing.' To ensure AI solutions perform effectively and scale successfully, AI project leaders should prioritize real-world pilots with real users, enabling performance monitoring, feedback collection, and immediate issue resolution for optimal production readiness. Geraghty noted that NBCUniversal is constantly running pilots of AI projects it is working on, whether for theme parks, television, or movies. He and other leaders at the company play the role of test subjects, but those projects also make their way to consumers as a way to help NBCUniversal gain insights into how they're working. Ultimately, however, the goal of those projects isn't to make users notice AI. Instead, it's to use the power of AI to create something that truly wows them. At Universal Studios, that means using AI technology to build a new kind of immersive theme park experience. 'What we're trying to do is make guests forget about it,' Geraghty said. 'It should just be about the magic and the fun.' Watch the full panel:
