Project Management Institute fundamentally offers worldwide project management certifications to professionals concerned with project management. The institute was primarily founded to provide project managers with means to associate, and share common information and problems. PMI certification is well described as that gold standard of project management that validates a person/professional's competence to perform the roles of a project manager such as leading, coordinating, organizing and directing teams and projects. Importantly, PMI certifications are crucial because they ensure that a person is ready to meet the demands of projects and employers (Sabini & Muzio, 2017). The skills acquired before certification also ensure that projects are timely completed. That is professionally, within the scope and the budgetary limits.
PMI standard is described as a document that has been recognized by consensus and approved by a recognized body. The document offers for an ordinary and recurring utilization, rules, and guiding principles that aim at achievement an optimum degree of order in a given context. PMI standard is developed through a process. The process is based on the concepts of agreements, balances, honesty, and the perquisite due processes which ensure that professionals and all interested stakeholders participate. The development of this standards follows a step by step process. First, a committee is convened, where stakeholders and volunteers are invited. The committee organizes several meetings focused on the consultative drafting of the refined standard. After this stage, a PMI standard member advisory group is formed to offer an expert review of the draft standard before forwarding it back to the committee for either amendments or revision. Once the draft standard is reviewed and revised, the same is made publicly accessible for comments and add-ons that may be incorporated in the standard. After final revision, the completed refined standard is. On competition and recommendation by the standards manager, the PMI standard is approved and made public by the PMI standards' president or the chief executive officer. The PMI standard offers a necessary course of action or guidelines aimed at achieving a specific project and the required management results (Snyder & Dionisio, 2017).
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Project management institute has been handling several case studies. A most recent one was on "IBM Strengthens Focus on Professional Project Management." This case study dates back to February 1997, when a charter was formed to drive IBM's support in project management all over the world. The rationale was to have more consistent and broad use of project management skills, disciplines and to the extent of formalizing the project manager position in an organization. Previously, there had been challenges in project management where matrix organizational structure was employed. The challenges included misalignment between projects and their objectives, late and delayed projects disrupting the flow of business or an investment. Secondly, there were cases of conflicts created by dependency on labor and resources. In the same breath, there were also cases of difficulties in executing project functionality and objectives. The existence of overlapping and redundant projects, resource conflicts were still a bottleneck challenge that caused unrealized business value. Basically, the core challenge was the aspect of confused in decision making. A project manager in such a matrix could not be satisfactorily accountable due to un-hierarchical divided responsibility and the inability to systematically communicate multiple project requirements.
In addressing these challenges, IBM under this project embarked IBM and committed itself fostering project management excellence. The focus was to transform the traditional management culture to an improved business posture especially on organizing, execute, manage and track work projects. The IBM solution on transforming and integration of project management skills as part of the organization set up or fabric has indeed borne the intended results. There exist more experienced professionals with well-endowed skills in project management. Further, the project saw the inception of a worldwide project management methodology or formulae. This method fundamentally assists project management practices .
References
Sabini, L., & Muzio, D. (2017). The long way to professional recognition: Project management in Italy. International Journal of Managing Projects in Business, 10 (4), 822-840.
Snyder, C., & Dionisio, C. S. (2017). A project manager's book of forms: A companion to the PMBOK guide . John Wiley & Sons.
