At First India School of Business we have an environment that generates high-quality research which is both contemporary and rigorous. Our industry and academic associations, and an opportunity to work in the fast growing economies attract faculty members of international repute to the school. Conferences, seminars and workshops are a regular feature at the institute providing a forum for presenting research work and discussing important issues of global interest. These events bring together academicians, corporates and policy-makers and are an opportunity to network and learn.

What cant be measured cant be managed- Project Management Experts

The best way to achieve results on certain parameters is to begin measuring them, for what cant be measured cant be managed, according to Devendra Bakshi of the Precision Tools Group. He was a participant at the recently concluded 2-day workshop on Project Management Skills at the Gurgaon based first India School of Business.

"A training in managing projects effectively with emphasis on Cost-Quality-Time-Scope-Risk factors is critical to becoming successful", he told the participating MBA and BBA students."

"All projects must work towards integrating the requirements of the stakeholders including sponsors, project team members and end users and beneficiaries. Tools like work break down structures and activity schedules help projects achieve their goals", added M K Sachdeva, Manager Q&A from KTMC. " 

According to John Fredric, another participant, most projects fail because they do not have top management support or because the assumptions they were based on prove to be incorrect. Projects also fail because they do not define what they will achieve and what they will not very clearly in the beginning.

Kamlesh Vyas, Director, First India School of Business emphasised on the importance of communication which must be direct, written, ongoing, honest and timely for success of projects. The communication to stakeholders and within the team are both equally critical