The IPA Institute, a division of Independent Project Analysis (IPA), develops and delivers educational seminars to further IPA's mission to improve capital productivity. IPA Institute courses are derived from IPA's extensive research and quantitative analysis of capital projects, linking statistically proven Best Practices to business value.
The IPA Institute's wide range of training offerings include project management seminars, portfolio management and topic-specific courses, and private workshops. IPA Institute courses are based on specialized results from IPA's research and quantitative analysis of tens of thousands of actual capital projects. This extensive body of knowledge includes Best Practices for projects of all sizes and types, ranging from US$0.2 million to US$3+ billion. These projects include everything from revamps to new construction and cover all project cycles, from initial business idea through startup and early operation. Visit the course catalog found on the Public Courses page for a detailed description of each program.
The IPA Institute fills a gaping hole in today's market in which there is a lack of real information relating project practices to business value. With downsizing in Industry, much project management experience has been lost. Many firms have not added new project managers, so the project management function is aging.
A recent IPA study showed the need for project organizations to maintain core competencies in developing investments that align with business needs. These competencies have been eroded through downsizing and attrition of experience in the project management function. Given this situation, the renewal of the project function is needed.
Corporate executives continue to be dissatisfied with capital system performance, and a high number of project failures are still reported. More important, capital is being spent on projects that do not align with business objectives, so understanding how to link projects and business strategies is a pressing need.
Capital project professionals representing the world’s largest companies in the oil and gas, chemicals, pharmaceuticals, mining and minerals, consumer products, and related industries regularly attend IPA Institute courses. Common job functions include Project Manager, Project Director, Project Engineer, Design Manager, Construction Manager, Project Controls Specialist, Operations and Maintenance, Contractor Personnel, and more. Visit the course catalog found on the Public Courses page to view the target audience by course.
The IPA Institute is a Registered Education Provider (REP) of the Project Management Institute (PMI). All IPA Institute seminars align with current PMBOK standards, enabling PMI credential holders (PMP, PgMP, PMI-SP, PfMP, etc.) to claim Professional Development Units (PDUs) upon completion of each IPA Institute course. Refer to the course catalog found on the Public Courses page to view PDU values for each course.
Visit the FAQ page for answers to commonly asked questions.