Dattatraya Y Pathak

28th Feb 2015

Project Management for Nation Building

At the outset …….

• Pune is very good blend of manufacturing and

services hub and Mumbai is the Financial Capital

• Joint conference between Pune and Mumbai

Chapters will be of great value-add to the

participants

• Participants can contribute for evangelizing PMI’s

3PM standards and best practices for nation

building in various forums

• “Make in India”- An initiative focuses on building

India’s both manufacturing and services sector

Challenges in building India ….

 India had fallen to 134th rank out of 189 countries) in

the World Bank’s Ease of Doing Business rankings

Currently, it takes 12 procedures and 27 days to start

business, 35 procedures and 168 days to get

construction permits and 1420 days to enforce

contracts in India.

Manufacturing value added as a share of GDP in 2013

is 12.89% which is lower than Pakistan (13.89%) and

Bangladesh (17.55%)

India’s chronic infrastructure and logistics deficit

with inefficient transport networks makes it tough for

manufacturing companies to achieve just-in-time

production

And many more

Make in India for Nation Building

Make in India programme includes major

new initiatives designed to Attract investment Foster innovation Enhance skills development and create job

opportunities Protect Intellectual Property Strengthen manufacturing sector

Identified 25 key sectors to focus on

National program designed to transform

India into Global Manufacturing Hub

25 Key Sectors – Manufacturing and Services

Make in India – Manufacturing Sector

• In 2013, only 15% of GDP which

need to be enhanced to 25% by

2022 for creating more job

opportunities

• India rich in natural resources

• Labor is aplenty and skilled labor is

easily available given the high rates

of unemployment

• India is soon becoming the

preferred manufacturing destination

of most investors across the globe

Make in India – Services Sector

• India has the second fastest growing

services sector in the world with at 9 per

cent,

• Access to banking services Expanding the penetration of

banking infrastructure into rural areas to make access easier and more affordable for account holders

Potential solutions include creating low-cost service models that offer incentives to telecom providers, banks, and payment providers

• Use of technology-enabled solutions

Make in India - – Right time to get in An index of manufacturing costs by the

Boston Consulting Group shows China’s

traditional cost advantage is now under

pressure

 Just-in data from the International

Monetary Fund show that China is no

longer the largest trade surplus economy

in the world

U.S. Bureau of Labor Statistics publishes

average labor compensation in India’s

manufacturing sector is $1.50 an hour in

2014 vis-à-vis 3$ an hour in China

A nearly 500-million-strong labor force

comprising unskilled workers and

English-speaking scientists, researchers,

and engineers

Is Make in India Enough ???

• Agricultural Sector need to be

prioterized for framing and food

processing, packaging for better

pricing

• RBI Governor said India needs

“Make for India” to create internal

markets for import substitution

Project Management in Building Nation

• Contribute in reducing rate of project failures with better planning,

execution and control of projects– 60% projects are plagued by time (around 50%) and cost

overruns (around 23%)– India could suffer loss of US$ 200 billion in fiscal year 2017 –

McKinsey

• Roads, railways, and power would result in a cost overrun of `Rs.

1.24 lakh crore – MOSPI

• To develop key project management competencies – Through premier educational institutes nationwide– Skills development program nationwide for project managers

in public and private sector– Effective and efficient PMOs for systems and procedures

Path forward for PMI Mumbai Chapter• Opportunities in abundance for

project management communicate

to contribute in nation

• PMI MC collaborate with PMI India

and other chapters in India

• PMI MC Chapter will through: – PMP club meetings – Events in student branches– Participating in initiatives

related to the building nation by other organizations, associations, etc.

• Involvement PMI MC membership

of 1200+ project managers and

students

1212

References

• http://

www.pmi.org.in/manageindia/volume3/issue04/manage.india.pdf

• https://www.google.co.in/webhp?tab=nw&ei=d80qU4aqFMLAkgWX-4GoDw&ved=0CAQQqS4oAQ#q=%

22building+india%22+using+project+management

• http://www.makeinindia.com

• http://en.wikipedia.org/wiki/Make_in_India

Visit us : www.pmi.org.in

www.pmimumbaichapter.org

www.pmipunechapter.org

Thank You !!!!!