Leading project management training company ESI International has received the Singapore Workforce Skills Qualification (WSQ) certification from the Singapore Workforce Development Agency (WDA), for its contract management course titled "Managing Contracts".
The national accreditation system aims to develop the key competencies of employees and enhance their employability against industry-developed work standards.
According to ESI International, it is the only project management training provider in Singapore that offers accredited project management and business analysis programmes under the Business Management WSQ (BM WSQ).
The three-day "Managing Contracts" course aims to provide project managers, contract managers and professionals related to contractual work, with the right tools to effectively work with customers, contractors and subscontractors to accomplish key organisational objects. Trainees are expected to acquire good understanding of the contracting process from the perspectives of both the buyer and the seller.
"The need for well-qualified project managers and business leaders who can effectively handle change and uncertainty has become a given, in today's challenging economic environment," said Raed S. Haddad, managing director for Asia Pacific, ESI International.
Lifelong training and skills upgrading would also make the difference between retaining the best people and mediocre staff, Haddad said. "People stick around because they find their jobs fulfilling and interesting. As such, organisations should spend some effort to keep them trained for future challenges."
Haddad also added that organisations, especially those with succession problems, should have a "talent management" scheme in place, where promising employees are given the right training to move up the corporate ladder over time.
On the question of staff retention, Haddad said organisations could look at providing training incentives rather than subjecting them to on-the-job training only. He explained: "One way is to partly or fully sponsor staff to go for further certification or professional training. Doing so is a form of staff appreciation, and in return, their tenure will be longer since they would have acquired the necessary skills for greater responsibilities."
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