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Project, Program and Portfolio Management
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PMI Risk Management Professional (PMI-RMP(R)) Credential Exam Preparation Course Introduced
A credential for project managers who specialize in project risk management is now available through the Project Management Institute (PMI). Bay3000 Corporate Education, a GLOBAL PMI Registered Education Provider, is pleased to announce a new intensive training program to prepare prospective candidates to write the exam and earn the PMI Risk Management Professional (PMI-RMP(R)) Credential. This addition to the Bay3000 training program complements its successful training program for the Project Management Professional (PMP(R)) Credential.
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AUSTRALIA'S CARBON MISSION TARGETS 10 ASEAN PROJECTS
Australia's Carbon Mission has target 10 carbon projects worth US$100 million in Asean within 18 months. Australia's Asean Trade Commissioner for Clean Energy and Environment, Garth Taylor also said the Australian Trade Commission, which organised the mission, expects 120 regional companies to participate in the business matching session during the two-day meeeting in Malaysia, starting Monday.
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FAILURE FACTORS
1 FLAWED STRATEGY. Even perfect execution can't save a bad plan or one based on faulty assumptions. For their book "Billion Dollar Lessons," Chunka Mui and Paul Carroll studied 2,500 large business failures over the past 25 years. "The most surprising result was that almost half stemmed from poorly designed strategies, as opposed to poor implementation or market factors beyond the company's control," says Mui, managing director of Chicago consultancy The Devil's Advocate. 2 UNDERESTIMATING THE CHALLENGE. If there's one rule in business, it's "easier said than done." Mui says companies frequently overestimate their abilities. He points to school-bus firm Laidlaw's rocky foray into the ambulance business in the 1990s as an example. Laidlaw thought it could seamlessly transition into a similar market, and assumed that its expertise in transportation justified an expansion into ambulance operation, without realizing that ambulances have complex regulatory issues because they're considered a health-care business. The firm wound up losing billions because it didn't take the time to validate its assumptions.
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Construction sector to grow 3.5pc
MANAMA: More project management (PM) expertise is needed to sustain trillion-dollar project-driven developments across the Mena region.
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European Commission warns of major IT skills shortfall
The European Commission (EC) has warned of a potential 350,000-plus shortfall in IT practitioners in the region by 2015, and criticised the UK for failing adequately to promote professionalism in the industry.
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