On April 25, CFA Association Russia held its regular business breakfast in a new format. The association invited a guru of project management, Vadim Bogdanov, a holder of both Project Management Professional (PMP) and Portfolio Management Professional (PfMP) certificates, to give a workshop on how to successfully manage projects and get things done.
To attain professional goals one must have excellent planning, organizational, executing, controlling, and problem-solving skills; and in today’s fast-paced environment these project management skills have become ever more relevant and are often the difference between success and failure.
“According to the latest research (2017), by 2020 the lack of professional project managers all over the world will reach about 18 million people, which means that having a PMP certificate will make it a lot easier to land a good job anywhere in the world. Furthermore, another research shows that during the last decade, PMP certificate holders, in general, have been receiving a 5 percent higher salary than those without it,” the speaker said.
Vadim pointed out that besides having good project management skills, successful managers should learn right strategies and procedures that would help to systematize projects. This is particularly important when a number of projects and their budgets increase.
“That is why a manager should pick a right strategy for a specific project,” Vadim said.
He explained, for example, that a pilot project with a small number of people involved is better managed using the Scrum methodology, while a larger and more repetitive project would be completed more efficiently with the PMBOK guidelines.
With a large number of money being spent on failing and unsuccessful projects, companies should come up with more effective project management strategies. All of these require systematic step-by-step processes that Vadim mentioned during his workshop.
Text by: Oxana Kozlova
Editor: Nikolai Pavlov