Infra reeling with 20% shortage of skilled manpower-ASSOCHAM
In a study conducted by “The Associated Chambers of Commerce and Industry of India” (ASSOCHAM) finds that our infrastructure industry is facing a significant 20 per cent dearth of project managers leading to project delays and cost overruns.
Study titled ‘Road Sector Role in Futuristic Development of India, revealed that “India is currently facing an annual paucity of over 10 lakh project management professionals, moreover employability is also a key factor in this regard as most of the already employed workers in infrastructure construction space have not received any vocational training”
“Infrastructure sector is basically a ‘projectised industry,’ as such project management is of very high importance in this sector where the product is tangible, the cost high and mobilization of resources from related industries central,” said Mr D.S. Rawat, secretary general of ASSOCHAM he further added that “As the projects in infrastructure sector are becoming increasingly complex and with wider scope, the sector is suffering from skilled manpower shortage, while releasing the study.
Project management requires and involves interplay between organizations, government agencies, non-governmental organizations (NGOs) and other departments, tremendous manpower management, vendor management and strict budgeting. But the existing project managers in infrastructure sector lack requisite managerial skills, while the highly qualified ones are shifting to sectors like information technology (IT), finance and others.
In its study, the ASSOCHAM has suggested that India should enhance the quality of vocational education and training as per the demands of infrastructure sector. Besides, there is also a need to improve the efficiency of the departments, divisions & training centre’s and especially the quality of training services in order to the meet industry standards.