Dubai has opened registration for the inaugural Hamdan Bin Mohammed Award for Innovation in Project Management (HBM AIPM) in Dubai.
With total prize money of $550,000 up for grabs, the award aims to encourage excellence in project management within the international business community.
The Hamdan Bin Mohammed Innovation Award in Project Management is a catalyst for innovative leaders, innovative teams, and innovative ideas in various institutions,” said His Excellency Mattar Al Tayer, Director General and Chairman of the Board of Executive Directors of the Roads and Transport Authority (RTA).
“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.
There are three categories. The first is the Individual Category with total prize money on offer 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. The third category is designated for Innovative Idea in organisations 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.