By Dipo Olowookere
Director General and Chairman of the Board of Executive Directors of the Roads and Transport Authority (RTA) and Chairman of the Board of Trustees of Hamdan Bin Mohammed Award for Innovation in Project Management, Mattar Al Tayer, has announced the opening of registration for the inaugural edition of the Hamdan Bin Mohammed Award for Innovation in Project Management (HBM AIPM).
The Award with total prize money of about $550,000, aims to identify, reward, encourage, promote and enable innovation in project management by compiling an innovative project management methodology, creating a database for best practices and business models in project management, providing a platform for sharing innovative ideas and offering training on project management skills.
It targets the international business community, including specialists and experts in project management, individuals, teams and institutions involved in project management, programs or project portfolios.
“The Hamdan Bin Mohammed Innovation Award in Project Management is a catalyst for innovative leaders, innovative teams, and innovative ideas in various institutions. The Award serves as a reference for the best project management innovation practices, contributes to the creation of innovation in the enterprise in project management systems, methodologies and practices. Winners will be announced during Dubai International Forum for Project Management on 20 November 2017 and be selected based on two criteria: innovation methodology used in the project and the impact of this innovation on the project results,” stated Al Tayer.
The Award contains three categories: Individual Category with a total prize money of $60,000, divided into two parts: Innovative Project Manager Award with prize money of $30,000, and Innovative PMO Manager Award with prize money of $30,000.
Category two is the Innovative Project Team Award with prize money of $40,000, while the third category is designated for Innovative Idea in organizations with prize money of $450,000 – divided into 3 parts: Innovative Idea in Project Management Award with prize money of $100,000; Innovative Idea in Program Management Award with prize money of $150,000; and Innovative Idea in Portfolio Management Award with prize money of $200,000.
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