Project, Management

Project Management Institute Leads the AI Transformation of the Project Profession and Celebrates Project Excellence at the 2024 Project Management South Asia Conference and Awards

01.10.2024 - 14:37:09

Business Wire India

Amit Goyal, Regional Managing Director South Asia, Project Management Institute (PMI) with chapter leaders
Amit Goyal, Regional Managing Director South Asia, Project Management Institute (PMI) with chapter leaders

Project Management Institute (PMI), the world’s leading authority in project management, showcased the transformative power of AI to enhance the profession at its 16th Project Management South Asia Conference in New Delhi. A new research report, “Pushing the Limits: Transforming Project Management with GenAI Innovation", found that high adopters of GenAI tools (those who use it in 50% or more of their projects) has increased by 86% since January 2024. Today, roughly two out of every five project professionals surveyed use GenAI in more than half of their project work. This increasing use of GenAI in project work further validates the need for project professionals to upskill, learn and experiment with this technology to ensure they stay ahead.
 
The theme of this year’s conference 'Master Your Future Today in Rapidly Emerging Trends & Economies', focused on actionable insights and best practices that empower project professionals to drive success in an AI-powered world. PMI is leading the transformation of the project profession with its cutting-edge AI offering. To continue guiding project professionals in adding more AI capabilities to their skillsets, PMI recently announced two key initiatives:
 
  • PMI has acquired Cognilytica and will integrate Cognilytica certifications and learning products into its offering.
  • PMI unveiled new upgrades to PMI Infinity, its popular AI assistant for project managers, now powered by GPT-4o (omni). With new document generation capabilities and custom templates, PMI Infinity users can benefit from enhanced efficiency, productivity and optimized workflows.

The conference also marked the debut of the PMI Construction Professional certification (PMI-CP) TM for industry professionals in the South Asia region. The PMI-CP certification prepares construction project managers to lead, plan and manage projects specific to this industry and thrive in the dynamic infrastructure field.
 
Amit Goyal, Regional Managing Director South Asia, Project Management Institute (PMI) said, “The 16th Project Management South Asia Conference has truly been a milestone event for shaping the future of project management. Our focus on the transformative potential of AI and the importance of adaptability highlights our commitment to providing the tools and insights needed to thrive in today’s evolving AI landscape.”

Celebrating Project Management Excellence at the PMI South Asia Awards

This year's conference included the PMI South Asia Awards program which brought together the professional community to celebrate project management excellence from diverse sectors. The Awards recognise initiatives that pushed the boundaries across six key facets of project management. The 2024 PMI South Asia Awards winners across each category included:
 
India Bangladesh Friendship Pipeline Project
Deepening cooperation and collaboration, through the establishment of a cross-border pipeline between Siliguri (India) and Parbatipur (Bangladesh).
Category Winner Runner up
Contribution to Community category Sasken Technologies: Vision of Hope project, transforming Rural Healthcare
NGO category Yuva Unstoppable: The Evolution Project
Yuva Unstoppable is a youth-led and youth-driven organisation that looks to positively change the lives of children and youth in need. The Evolution Project focused on improving schools and educational resources, with the goal of reaching 3000 schools. Today, they have already transformed 2500 schools by developing better sanitation facilities, access to clean and safe drinking water, equipping classrooms with smart technology to enhance learning, implementing education murals for an immersive educational experience, and boosting teacher training.
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Project of the Year - Large category EIL: Full Conversion Hydrocracker Unit of Visakh Refinery Modernization Project
Upgrading the units to produce cleaner automotive fuels, this complex megaproject blended technological integration, local procurement criteria, supply chain management, rigorous stakeholder management, and design acumen to overcome the challenging geographical landscape.
EIL: MRPL BS VI Projects
Project of the Year - Medium category KPC Projects: Construction of Gwalior Airport Terminal Building, Ancillary Building and Car Parking
This infrastructure project smashed records for the fastest airport build in India’s history and the expansion has helped to increase connectivity with the rest of the country. KPC Projects developed critical infrastructure at Gwalior Airport, implementing the design of the passenger terminal building aligned to the local architecture and heritage, and met energy efficiency requirements to obtain the GRIHA-5 Star Green Rating.
EIL: DHDT Project at NRL, Numaligarh, Assam
Project of the Year - Small category EIL: Cooling Tower and Cooling Water Treatment Plant project
Developing and implementing a unique material solution and robust design structure to withstand environmental factors and deliver an efficient water-cooling system.
Bosch Global Software Technologies: Embedded SW development for Powertrain ECU
Project of the Year - Micro category

 
MV Square Greenovative Energy: Project Bhaskar - Tekawadi Village Solar Project
This initiative successfully installed solar rooftop systems for 70 homes and 4 community sites across the remote village location. The project leveraged innovative engineering and project management approaches to deliver accessible renewable energy to the community and solar-powered electricity to the grid.
Axelerant Technologies: Internal Displacement Monitoring Centre project

 
 
Amit Goyal said, “Behind every exceptional project, you will find a team of skilled project professionals who can unite stakeholders, problem-solve, and drive collaboration to deliver advancements in their industries. Congratulations to all the PMI South Asia Award winners and runners-up who have been recognised for their project management prowess.”
About Project Management Institute (PMI)

PMI is the leading authority in project management, dedicated to guiding the way to project success. Since 1969, PMI has shone a light on the power of project management and the people behind the projects. With a global community, gold-standard professional certifications, and career-long learning opportunities, PMI empowers current and aspiring project professionals, as well as organizations, with knowledge and resources to lead effectively and create an impact in the communities they serve. Join PMI in elevating our world – one project at a time. Connect with us at www.pmi.orglinkedin.com/company/projectmanagementinstitute, on Instagram @pmi_org, and on TikTok @PMInstitute.
 
PMI Trademarks

Project Management Institute, PMI and PMI Infinity are trademarks and/or registered marks of Project Management Institute, Inc., in the U.S., in India, and/or in other countries.
 
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