Project managers are continually taking on a wider range of responsibilities in today’s business world, and a new training program from PM College aims to provide project managers with the skills to integrate specific projects with overall corporate strategy.
The Business-Driven Project Manager is a new four-course program from the project management training consultants, PM College. The courses focus on the new, higher-level roles of a project manager, which is coming into its own as a business leadership position at many companies.
“PM College views the role of a project manager as no longer ‘just a project manager,’ but a consultant, a trusted adviser, and a change agent,” says a press release announcing the new program. Organizations work directly with PM College and can choose all four courses or any combination of classes as a customized training program for employees.
All four courses in the program relate to the effect of project outcomes on overall business strategy, with Managing Project Outcomes for Business Impact serving as the flagship course in the program. The other three courses offered are Strategies for Effective Stakeholder Engagement, Concept to Profit! Managing Project, Program, and Portfolio Investments and Portfolio Planning and Management. All are two- or three-day programs that offer participants in-depth and practical advice on project planning.
This new project management training program comes as a recent Project Management Institute (PMI) study finds that businesses that promote project managers to executive levels are proving more successful in many ways than those that don’t.
While 6 percent of business currently have a C-level project manager (Chief Project Officer), the 2013 Pulse of the Profession In-Depth Report: Talent Management finds that businesses with many project professionals in the executive suite have a 73 percent success rate in meeting project goals and intent. This is compared to a 61 percent success rate in the same area by organizations that promote few or no project managers to the executive level.
But the effectiveness of CPOs goes beyond the success of individual projects. The study concludes that businesses that employ a CPO keep all various projects in line with the overall corporate strategy.
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