Global and Continental Trends Affecting Project Management in Presentation by Taryn van Olden, CEO: PMSA
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1 Global and Continental Trends Affecting Project Management in 2016 Presentation by Taryn van Olden, CEO: PMSA
2 Examining Trends Global Trends Affecting PM African Trends Affecting PM Global Trends in PM Practice Trends People Trends Sub-Saharan Africa Trends in PM
3 Trendspotters
4 Global Trends Affecting PM Cost of energy is falling Globalisation and business conditions in emerging markets Climatic processes approaching tipping point Sunter s Flag Watching: The Religious Flag The Red Flag The Grey Flag The Anti-Establishment Flag The Green Flag
5 African Trends Affecting PM Africa investing in infrastructure (6-12% of GDP) Development Bank of Ethiopia Offers $20m To Fund Renewable Energy Projects World Bank To Spend $5 Billion on 27 Development Projects In Nigeria Standard Bank, ICBC Sign $2 Billion Contract To Fund Renewable Energy Projects SA to Invest over R1 trillion in infrastructure over next 5 to 10 years Trends affecting Southern Africa Relatively young population Vision 2030 and the NDP Corruption Quality of Infrastructure Pockets of excellence Entrepreneurial spirit Inclusive leadership
6 African Trends Affecting PM
7 Trends in Project Management: Practice Areas where the PM environment has remained static or declined Maturity (<20%) Strategy Alignment (<50%) Benefits Realisation (17%) Executive Sponsors (59%) PM Environment ( ) Value (>50%) PMO(70%) Practices (<60% but 25% orgwide) Training & Development (<50%)
8 Trends in Project Management: Practice Agile Standard agnostic trend in education and training Critical Skills & designations
9 Trends in Project Management: Practice Industry-specific attempts to integrate best practices into business strategy CII redressing the lack of African benchmarking data CII research focus areas: Performance Metrics & Benchmarking to Support Modularization Business Case Analysis Corporate Best Practices for Successful Productivity Improvement Programs Standardized Design versus Customization Capital Budgeting and Front End Planning Interface Improvement Integrated Project Delivery for Industrial Projects Optimal Owner Team Organization Effective Transition of Project Team Roles and Responsibilities As Resources Change during the Project Delivery Cycle
10 PERCENTAGE Trends in Project Management: People Gender & Age Gender split consistently hovers at the 70:30 mark, except in under 29s where females dominate at 60% (global) and 52% (PMSA) Linked to growth of PM in Financial Services, compared to historical industries (construction) 45% 40% 35% 30% 25% 20% 15% 10% 5% 0% PMSA - Age Distribution of PMs 45% 38% 36% 29% 16% 14% 8% 5% 5% 3% 0% 1% AGE CATEGORIES
11 Achitecture / Building Building / Construction Business Mngt Chemical Communication Computers Consulting Education / Training Eng / Construction Finance / Ins / Banking Govnt Health / Soc Serv Manufacturing Mining Other Property dev Utility Trends in Project Management: People 25% PMSA - Industry Affiliation 20% 15% 10% 5% 0% Industry Affiliation
12 Trends in Project Management: People
13 Trends in Project Management: People 30.00% PMSA Membership: Highest Qualification 25.00% 20.00% 15.00% 10.00% 5.00% 0.00% Adv Cert Adv Dipl Bachelors Bachelors Honours Certificate Diploma Doctoral Degree Higher Cert Masters Matric Other PostGrad Dipl
14 Addressing the trends: Practice Emphasising the strategic role of the EPMO Practices Training & development (formal knowledge transfer) Executive sponsors Strategy alignment Maturity Benefits realisation Recognising that technical competency is not enough Making project culture a high priority Using PM practices as the common language to talk internally across the functional areas
15 Addressing the trends: People Personal investment in ongoing professional development Focussing on an ideal skill-set Define Career Path for PPPM Ongoing PM training Formal process to develop the competency areas and transfer knowledge
16 Thank You
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