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This is an archive article published on July 20, 2010

PMI inks strategic MoU with CSI

Project Management Institute (PMI),has inked a strategic MoU with Computer Society of India (CSI).

Envisioning the future needs of the India IT sector,Project Management Institute (PMI),has inked a strategic MoU with Computer Society of India (CSI),Indias largest body of computer professionals,at the recently held CSI National Execom in Thiruvananthapuram.

The MoU aims at implementing PMIs Best Project Management Practices & Standards and CSIs ICT domain expertise through Project Management Certification,Education and Research across India in the field of Information Communication Technology.

It also aims to mutually strengthen and consolidate the geographical reach and capabilities of the 2 premier institutions to propagate the benefits of Project Management Certification in the Industry.

Speaking at the occasion,Raj Kalady said,Today the Indian IT Sector applies professional project management practices largely followed from the widespread and popular practices in the U.S. The MoU is expected to give a fillip to India to meet the rising challenge from China and other nascent players in the IT field.

CSI President-elect,M. D. Agrawal said,” CSI and PMI could constitute joint research programs to design industry-focus programs as well. It is win-win situation,and is likely to fuel education of Project management discipline,which is the most wanted practice in the IT Industry.”

A strong rebound in IT spends in the US in 2010 also seems to be on the cards. This can be seen from the December 2009 quarter recovery for IT products and services and anticipated US economy revival as also demand growth in user industries. Sectors of the US economy such as Finance and Insurance,Utilities and Telecommunications,Manufacturing and Healthcare that had cut back 6-10 per cent on IT spends in 2009 are expected to spend more on IT in 2010.

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