Project Management Institute and Oracle Construction and Engineering have announced a collaboration that will allow them to pool their capabilities to deliver leadership, best practices, and tools created for professionals in the construction and asset-intensive sectors.

According to a statement, PMI had, in recent years, extended its expertise in the project management profession to help organisations and individuals deliver complex construction projects on time, on budget, within scope, and safely.

The Global Director of Construction & Vice President, Asia Pacific at PMI, Ben Breen said the collaboration would help transform the construction industry by delivering best-in-class resources to help professionals and organisations plan and build critical assets.

“With our complementary areas of expertise, this collaboration means we will be able to provide professionals in the construction sector with the training and digital tools they need to successfully deliver more impactful and efficient project outcomes,” he said.

The statement said the non-binding memorandum of understanding executed between Oracle and PMI, was intended to begin with the integration of Oracle resources into the existing coursework for the construction professionals in built environment projects. This, it added was a capstone certification which leveraged best practices from the construction industry, construction industry organisations, and construction industry experts across the world.

Senior Vice President And General Manager of Oracle Construction and Engineering, Mark Webster, said, “True progress in the construction industry lies not only in groundbreaking technologies but also in forging meaningful collaborations.

“Together with PMI, we will provide the educational resources, best practices, and digital tools owners and contractors need to help increase organisational efficiency and improve how projects are delivered.”

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