NITI Aayog suggested a National Project Management Policy Framework

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  • A task force on project management, headed by NITI Aayog CEO Amitabh Kant, has suggested the development of a National Project Management Policy Framework for the effective execution of public sector and public-private partnership infrastructure projects.
  • It has also recommended the setting up of a nodal body for the certification of chartered project management professionals to create world-class infrastructure.
  • The project management, with a view to delivering on time and within budget, is a learnable capability that can be institutionalised as demonstrated by the experiences of the U.S., the U.K., the UAE, and China.

BACKGROUND:

  • NITI Aayog is a policy think tank of the Government of India.
  • It is established with the aim to achieve Sustainable Development Goals and to enhance cooperative federalism by fostering the involvement of State Governments of India in the economic policy-making process using a bottom-up approach.
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