Diane Fromm PMI Educational Foundation: Empowering the Future of Project Management October 19, 2006 – 10:00 AM diane.fr

1. Diane Fromm PMI Educational Foundation: Empowering the Future of Project Management October 19, 2006 – 10:00 AM diane.fromm@pmi.org

2. The PMI Educational Foundation • The PMI Educational Foundation is an integral, supporting organization of the Project Management Institute with its own, non-salaried Board of Directors. • The PMI Educational Foundation (PMIEF) serves individuals with a common goal – promoting economic, educational, cultural and social advancement through project management life skills.

3. Vision and Mission • Vision: To champion project management knowledge and skills for educational and social good. • Mission: Promote project management principles globally to communities including students, non-profit organizations and society at large.

4. Current Programs • Careers in Project Management • Project Management Skills for Life • Project Management Scholarships

5. Careers in Project Management • Developed for students to introduce them to career options in project management. • A tool that PMI components can use to establish partnerships with schools to introduce, expand, and further project management as a career. • Recently translated into Spanish to allow for wider distribution.

6. The Educational Foundation’s newest initiative, PM Skills for Life, is now available. Created to help civic groups apply the principles of project management to achieve their own project objectives. The program was developed by PMI’s Nashville Chapter to be implemented by PMP mentors and PMI Components as part of their outreach programs. Project Management Skills for Life

7. Project Management Scholarships • The PMI Educational Foundation has established a tuition scholarship program to assist qualified students in obtaining degrees. • These scholarships are open to any student pursuing a bachelors, masters, or doctoral degree. • The PMI Educational Foundation also administers scholarships established by PMI Components.

8. Expanding Our Scope and Impact • The PMI Educational Foundation is in the process of expanding our scope and impact. • By doing so, we seek to provide a greater benefit to society-at-large. • The size and diversity of the PMI membership and components provides a wealth of resources to accomplish this goal.

9. Expanding Our Scope and Impact • We will build on our existing programs through the pursuit of the following initiatives: • Endowing scholarships for project management education • Project learning educational initiatives for primary and secondary students • Humanitarian outreach through disaster-related project management programs

10. Project Management Scholarships

11. Types of Scholarships • The PMI Educational Foundation currently administers two types of scholarships: • PMI Endowed Scholarships • Component Funded Scholarships • The PMI Educational Foundation also administers a minority scholarship sponsored by an individual donor. • Scholarships are available to students pursuing both undergraduate and graduate degrees.

12. PMI Endowed Scholarships • The PMI Endowed scholarships are open to all students pursuing a degree in a project management field of study. • Two scholarships are for undergraduate students while the third is for a student earning a graduate degree. • The PMI Endowed scholarships have been named in honor of the contributions of the PMI Founders, PMI Fellows, and Matthew H. Parry.

13. Component Funded Scholarships • Component Funded scholarships are open to students pursuing either undergraduate or graduate degrees in a project management-related field of study. • These scholarships are more restrictive in nature and have criteria established by the funding component. • Eligibility for these scholarships is commonly limited by geography. • These scholarships are named for the sponsoring Component or in honor of an individual.

14. 2006 Scholarship Statistics • Almost 1800 applications were received for the 14 different scholarships. • This is an average of over 120 applications per award. • The total value of these 14 awards was US$27,000. • This is an average of about US$2,000 per recipient.

15. The Need for Increased Scholarships More academic programs + Increasing cost of education = More students with greater financial need

16. The Need for Increased Scholarships • In the past five years, the number of post-secondary project management degree programs world-wide has increased from less than 20 to over 200.* • The cost of a college education continues to rise. • Average costs for tuition, fees, room and board exceed: • US$12,000 for a four-year, public institution • US$29,000 for a four-year, private institution per year.** * Source: Global Accreditation Center for Project Management (GAC) ** Source: The College Board

17. Increased Demand for Project Mangers • It is expected that there will be a global shortfall of educated, trained, and qualified project managers. • 62% of international CEOs indicated that they anticipated an increase in the utilization of project managers over the next few years.* * Source: 2005 PMI Survey of Executives

18. Benefits of an Endowment • By establishing a scholarship endowment, the PMI Educational Foundation can increase the quantity and value of awards. • An endowment would also provide a sustainable source of funding for the scholarships. • Through sound fiscal management and by adopting a strict spending policy, the endowment would grow in perpetuity.

19. Why Project Learning? Project Learning and Leadershipfor the21st Century

20. The Project Learning Partnership

21. Two great examplesof programs thataim to promoteand supportProjectLearning

22. Two great examplesof programs thataim to promoteand supportProjectLearning

23. What is Project Learning? Students working in teams to experience and explore relevant, real-world problems, questions, issues, and challenges; then creating presentations and products to sharewhat they have learned

24. What is Project Learning? The teacher’s role is one of coach – facilitator, guide, advisor and mentor, not directing and managing all student work

25. What is Project Learning? The teacher’s role is also one of project designer, developer, architect and planner, creating and designingimportant parts of the project learning experience

26. Project-centered Open-ended Real-world Student-centered Constructive Collaborative 7. Creative 8. Communication-driven 9. Research-based 10. Technology- powered 11. 21C Reform- friendly 12. Hard but fun! What are PL’s Key Features?

27. Why Project Learning Now? Teacher-directed Direct Instruction Knowledge Content Basic Skills Theory Curriculum Individual Classroom Summative Assessed Learning for School

28. Why Project Learning Now? Teacher-directed Direct Instruction Knowledge Content Basic Skills Theory Curriculum Individual Classroom Summative Assessed Learning for School Student-directed Collaborative Construction Skills Process Higher-order Thinking Practice Life Skills Group Community Formative Evaluation Learning for Life A Better Balance

29. Why Project Learning Now? New Learning about Learning! • Context – Real-world learning • Caring – Intrinsic motivation • Construction – Mental & virtual model-building • Competence – Multiple intelligences • Community – Learning socially in groups & teams

30. Why Project Learning Now? Learning Power Tools! • Conversing & Sharing • Searching & Exploring • Collecting & Organizing • Modeling & Simulating • Creating & Constructing

31. Why Project Learning Now? New Digital Native Learners! • Multitasking • Multimedia learning • Online social networking • Online info searching • Games, simulations & creative expressions

33. Why Project Learning Now? The World is Flat! and Projects are the “Currency Units”of modern Knowledge Work

34. Why Project Learning Now? The World is Flat! “When I was growing up my parents used to say to me, ‘Tom finish your dinner – people in China and India are starving.’ My advice to [students now] is ‘Finish your homework – people in China and India are starving for your jobs.’” Tom Friedman

35. Why Project Learning Now? The World is Flat! and all knowledge workers everywhereneed 21st Century skills to compete!

36. Why Project Learning Now?

37. Why Project Learning Now?

38. Why Project Learning Now? The New Learning Formula 3Rs X 7Cs = 21st Century Learning

39. Why Project Learning Now? 21st Century Skills

40. What Skills Does PL Develop? Critical-thinking and Problem-solving • Information searching & researching • Critical analysis • Summarizing & synthesizing • Inquiry, questioning & exploratory investigations • Design & problem-solving

41. What Skills Does PL Develop? Critical-thinking and Problem-solving

42. What Skills Does PL Develop? Collaboration, Teamwork & Leadership • Team formation • Decision-making • Leadership • Team & individual accountability • Conflict management & team dynamics • Project & time management • Project & role definitions • Goal & objective setting • Task & milestone management

43. What Skills Does PL Develop? The Project Learning Cycle

44. What Skills Does PL Develop? The Project Learning Cycle Define Goal-Setting Problem, Question Issue or Challenge

45. What Skills Does PL Develop? The Project Learning Cycle Define Goal-Setting Problem, Question Issue or Challenge Teaming & Knowledge Sharing

46. What Skills Does PL Develop? The Project Learning Cycle Define Goal-Setting Problem, Question Issue or Challenge Teaming & Knowledge Sharing Plan Project Planning Scope, Timelines, Resources, Communications, Quality, Risks

47. What Skills Does PL Develop? The Project Learning Cycle Define Goal-Setting Problem, Question Issue or Challenge Teaming & Knowledge Sharing Plan Project Planning Scope, Timelines, Resources, Communications, Quality, Risks Do Researching & Documenting

48. What Skills Does PL Develop? The Project Learning Cycle Define Goal-Setting Problem, Question Issue or Challenge Teaming & Knowledge Sharing Plan Project Planning Scope, Timelines, Resources, Communications, Quality, Risks Do Researching & Documenting Communicating

49. What Skills Does PL Develop? The Project Learning Cycle Define Goal-Setting Problem, Question Issue or Challenge Teaming & Knowledge Sharing Plan Project Planning Scope, Timelines, Resources, Communications, Quality, Risks Do Researching & Documenting Presenting Communicating

50. What Skills Does PL Develop? The Project Learning Cycle Define Goal-Setting Problem, Question Issue or Challenge Teaming & Knowledge Sharing Plan Project Planning Scope, Timelines, Resources, Communications, Quality, Risks Review Evaluating Do Researching & Documenting Presenting Communicating