B&R projects need unified structure
Initiative spanning borders requires common language and framework $200 billion.
Langley cited the failure of leadership to understand the connection between strategy design and delivery capabilities, as well as the frequent shifts of organizational objective as the manifestations of bad project practice.
With experience working with the Chinese government, State-owned enterprises and private companies, Langley thinks China has made significant investment in project management — nurturing expertise, and standardizing and integrating project management as part of the business strategy.
“We have seen China advance over the past decade and we think it will continue to do so. China is more mature than the global average in project management in our study,” Langley said.
The PMI president is also bullish on the hiring outlook for the project management industry in Asia as the region exhibits stronger economic growth than other parts of the world.
“Amid the strong outlook in Asia, organizations are investing in their project management capabilities, creating career paths, facilitating training development and identifying core compulsory skills,” Langley said.
Founded in 1969, PMI is a global industry advocacy group that aims to advance worldwide standards in the project management industry, which currently employs more than 3 million professionals.