SINGAPORE – Media OutReach – 3 August 2021 – Project
Management Institute (PMI), the world’s leading association for project
professionals and CBRE, the world’s largest commercial real estate services and
investment firm, today announced a new business arrangement, whereby PMI, through its authorized training partner program, will support
learning and development initiatives at CBRE and provide opportunities for
collaboration. The first initiative involves connecting
high-performing CBRE employees based in Asia Pacific with exam preparation
training to successfully earn the Project Management Professional (PMP)®
certification.
The first cohort of high performers from the
Asia Pacific region began the rigorous seven-week long training for PMI’s PMP®
certification exam in June this year. They will study the skills and activities
required in effectively leading a project team, managing the technical aspects
of a project, and developing a greater understanding of the connection between
projects and organizational strategy.
PMI has partnered with CBRE
to offer PMP® exam
bundles and following successful completion of the
examinations due to take place in October, the high performers will join the
ranks of over one million PMP®-certified professionals worldwide. Both organizations are exploring
the extension of training and other upskilling initiatives with PMI for more
employees following the training completion of this pioneering batch.
In fact, PMI is also developing a certification
specifically for the Built Environment, which CBRE has been assisting in
reviewing the beta version. This will be released in the coming months. Designed
to provide innovative learning methods and practices designed by experts, this
new offering by PMI is anticipated to include a variety of online courses,
along with multiple micro-credential opportunities and an overarching
certification for professionals in the construction industry.
Commenting on the partnership, Ben Breen,
Managing Director, Asia Pacific and Global Head of Construction, PMI said, “Research
indicates that to close the talent gap that exists today, 2.3 million people
will need to enter project management-oriented employment (PMOE) every year
just to keep up with demand – this includes project managers and all
changemakers. Manufacturing and construction will remain the largest sector
requiring project management talent in Asia Pacific. Partnerships with globally
leading organizations like CBRE is the way forward to equip project
professionals with the right skills to drive transformation and change. It is
an endeavor to upskill existing talent and make it future-ready.”
He further added, “Apart from
empowering the workforce with the necessary skills to excel, the partnership
between both organizations is also intended at forging new alliances to enable
changemakers in the region to successfully run projects in the new work ecosystem,
especially in the construction industry.”
PMI’s Project Management Professional
(PMP)® certification is recognized as the world’s leading project
management certification. In a recent survey, respondents with a
PMP certification reported 22% higher median salaries than project
professionals without one, according to the 2020 Earning Power: Project Management Salary
Survey.
Peter Trollope, Senior Managing Director, CBRE
Project Management, Asia Pacific, said, “This
latest investment in talent and learning provides a structured development
pathway for CBRE employees to continue their professional development journey
and shows our clients that we are elevating our core project management
capabilities.”
“CBRE provides integrated services and
solutions to clients, and our vision is to be the leading provider of project
management. This partnership with PMI gives our employees access to a global
network formed around the goal of project management excellence across
industries and ensures CBRE is ready to support our clients and drive
successful project outcomes every time.”
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