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The Board of Trustees of the Hamdan bin Mohammed Award for Innovation in Project Management has opened registrations for the third edition of the award through the website (http://www.hbmaipm.com) as of March 5th until July 30th, 2019. The prize money set for the awards is more than AED 2.6 million (about US$710,000).
“The overwhelming response experienced by the past editions of the award from various countries is indicative of its impact on motivating the minds and innovative skills of individuals, teams and organisations and encouraging them to be innovative in the field of project management,” said Laila Faridoon, Secretary General of the Hamdan bin Mohammed Award for Innovation in Project Management. “It reveals that the award is making success in diffusing the culture of innovation in project management worldwide. The winners will be honoured on the sidelines of the 6th Dubai International Project Management Forum in December this year,” she noted.
Categories
The award encompasses four categories: The first is the Individuals Category, which includes the ‘Innovative Project Manager Award’ and the ‘Innovative PMO Manager Award’ with a purse of $50,000 each. It covers benefits-based management, cost, time and scope of work management, procurement management, quality management, risks and bottlenecks management, and change, culture and stakeholder requirements management. It also includes projects integration, strategy, portfolio governance, and project management office as well as the communication, resources and improvement of standards and processes of project management.
The second category relates to the Innovative Team Award with a purse of $80,000. It covers four fields: communication management, change management, culture and stakeholder requirements management, in addition to risks and bottlenecks management and project integration management.
The third category renamed as Innovative Organisation in Project Management Award. It has a purse of $200,000 for the winner, $150,000 for the runner-up, and $100,000 for the third place.
The fourth is the Academic Category. It includes the ‘’Research in Innovative Project Management Practices Award with a purse of $40,000. It encourages scientific research in project management and honours researchers who contribute to the development of project management theories and principles. It also includes the ‘Innovative use of Project Management Practices Award’ with prize money of $40,000. It encourages the adoption of project management principles in projects and academic activities in order to open new horizons for the award and attract new innovative ideas in support of the award’s objectives.
Rule and Conditions
There are several general rules and conditions for the award that have to be observed by applicants; which include; the same project can be submitted for more than one category, if the respective conditions are fulfilled. The application form must include at least one model of innovation aspect, and the same application can be submitted for more than one aspect. Any submission not fulfilling the conditions set for the selected category will be eliminated. Any submission with incomplete models will not be entertained. The application has to be in English as it is the language of the jury. One contact person has to be named as a liaison point in matters related to the application.
The project should not be completed more than 48 months before applying for the award, and all supporting materials and proof documents have to be provided at the time of submission, clearly flagged and referenced. In case of any additional information required, it has to be provided within three working days from the date of the request. All work related to the submission must be accomplished by the applicant, and approved by the project owner or director, documented proof has to be submitted.
The rules also state that the award team is entitled to use some of the submitted contents to promote and advertise the award, and may assign more than one award to the same applicant. It may also award two or more recipients in the same category.
The jury includes experts, and their decisions are non-objectionable by the applicant. The team may elect to block any award if it feels that nominations made are below par. Each award has a set of different conditions and standards. The judges will be selected to assess each submission in a way that eliminates the conflict of interest and the compliance with the highest professional standards and conduct.
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