Business
Celebrating 20 years of PMI Colombo, Sri Lanka Chapter:A call to transform public project governance
Twenty years ago, a group of passionate professionals laid the foundation for the Project Management Institute (PMI) Colombo, Sri Lanka Chapter, with a shared vision: to promote world-class project management practices in our nation. As a founding member and the first chairman, I look back with pride at how far we’ve come but I also look ahead with concern and urgency.
I recognized the critical importance of project management skills in Sri Lanka during a pivotal period in my career. In 2002, I was involved in advising on the project management of SLT’s new billing and Operations support system (OSS) system.
Same year, following the acquisition of Mobitel by SLT, I led a major transformation initiative as CEO/ of Mobitel transitioning the mobile network from TDMA to GSM, implementing large-scale IT modernization, and relaunching the Mobitel brand with a completely new infrastructure.
Through these experiences, it became clear to me that Sri Lanka faced a severe shortage of qualified project management professionals. With this realization, I engaged with several like-minded professionals to establish the PMI Colombo, Sri Lanka Chapter, with the aim of promoting world-class project management practices.
PMI certification has made significant contributions to Sri Lanka’s professional landscape. Today, the country boasts over 1,400 certified PMPs, many of whom hold leadership positions in top private sector organizations.
Over the past two decades, several universities and higher education institutions in Sri Lanka have acknowledged the value of PMI standards by introducing project management as a core subject within their academic curricula. As a result, more than 5,000 Sri Lankan professionals have earned PMP® certification, with many now serving in high demand roles across the globe. Of these, around 1,400 PMPcertified professionals continue to contribute within Sri Lanka.
However, despite this impressive growth in certifications, the persistent rate of project failures and inefficiencies indicates that project management best practices are still not being fully embraced, particularly in the management of projects and programs. There is a clear gap between certification and effective application highlighting the need for organizations, especially in the public sector, to embed project management principles into their organizational culture to ensure successful outcomes.
Sri Lanka’s poor portfolio, program, and project management has led to consequences that are wide-ranging, deeply damaging, and longlasting. Below are some of the key effects: 1. Massive Waste of Public Funds
• Projects exceed budgets or are abandoned midway.
• Billions in taxpayer money are lost with little or no return on investment.
• Resources are misallocated to low-priority or politically motivated initiatives.
2. Failure to Deliver Essential Services
• Infrastructure like hospitals, schools, roads, and utilities are delayed or built below standard.
• Citizens are deprived of critical services, worsening inequality and public frustration.
3. Increased Corruption and Fraud
• Weak systems are exploited through bribery, inflated contracts, and unqualified vendors.
• Procurement becomes a major area of leakage and malpractice.
4. Economic Instability and Low Investor Confidence
• Unreliable execution of national development plans discourages foreign direct investment (FDI).
• Projects don’t generate the expected economic returns or job opportunities.
5. Strategic Misalignment and Policy Failure
• Projects are launched without alignment to national goals or sectoral needs.
• Governments fail to deliver long-term outcomes like sustainability, digital transformation, or inclusive growth.
6. Poor International Reputation
• Repeated portfolio management and project failures attract negative attention from donors, lenders, and rating agencies.
• Difficulty securing grants, loans, or international partnerships.
7. No Culture of Learning
• Without structured portfolio and program oversight, lessons are not captured or applied.
• Mistakes are repeated across decades and sectors.
8. Frequent Project Resets and Abandonment
Projects are halted or re-scoped with each political cycle, wasting prior investments.
• Lack of continuity undermines public trust in institutions.
9.. Erosion of Public Trust
• Citizens lose faith in the government’s ability to deliver promises.
• Leads to political instability, social unrest, or apathy toward public engagement.
Despite advancements in education and access to global frameworks, Sri Lanka continues to witness a disturbingly high rate of project failure in the public sector. My view is that nearly 80% of government-funded projects fall drastically in terms of cost, time, scope, quality, and public benefits.
This 20th anniversary is more than a milestone, it is a moment of reflection. It invites us to look back not only at our achievements, but also at the lessons learned, the opportunities missed, and the values we may have compromised along the way. It is a time to renew our commitment with a focus on increasing project success, maximizing benefit realization, and upholding greater integrity so that the next chapter is shaped by wisdom, accountability, and meaningful progress.
The Harsh Realities: What’s Going Wrong?
1. Project Failure and Waste
Many public projects fail due to poor Business case, planning, unrealistic budgeting, and weak execution. We see massive cost overruns, extended delays, and unsatisfactory outcomes, which ultimately result in public frustration and economic stagnation.
2. Corruption, Bribery, and Fraud
The leakage of public funds due to corrupt procurement and other Project Management practices, bribery, and non-transparent contractor relationships is a systemic issue. These failures drain national resources and damage public trust.
3. Output Over Outcome
Projects are often measured by physical completion, a road, a bridge, a building rather than the real value delivered to citizens, such as usability, accessibility, economic stimulation, or improved well-being.
Most Sri Lankan project managers tend to focus narrowly on delivery deadlines and budgeting, often overlooking the full spectrum of key project management knowledge areas. This limited focus can lead to poor stakeholder engagement, unmanaged risks, scope creep, and quality compromises. Globally recognized frameworks such as those outlined in the PMBOK® Guide highlight the importance of integrating all essential knowledge areas including scope, schedule, cost, quality, resource, communication, risk, procurement, stakeholder, and integration management. Each of these areas plays a critical role in ensuring not just delivery, but sustainable success and long-term value. In today’s complex and dynamic environments, mastering these interconnected disciplines is vital for driving project benefits.
4. Lack of Monitoring and Post-Project Review Most projects lack rigorous post-implementation reviews to assess benefit realization. Public accountability ends with ribbon-cutting, not with long-term results.
In recent years, government audits and COPE (Committee on Public Enterprises) inquiries have consistently revealed that inefficiencies, corruption, and poor project performance are often rooted in weak project management practices. The root causes typically include poorly developed business cases, flawed procurement processes, inadequate project planning, weak execution, insufficient monitoring and control, and the absence of structured project closure.
However, it is unfortunate that government agencies continue to overlook the root causes of project failures namely, professional competence, the lack of ethics and capacity in project and program management.
As we mark two decades of the PMI Colombo Chapter, I make a strong and respectful appeal to the Government of Sri Lanka, as project management is key to national transformation:
To be Continued
By Lalith de Silva
Business
Needs of populace hit by Cyclone Ditwah seen as waiting to be addressed
By Hiran H. Senewiratne
The government is yet to address fully the needs of the Cyclone Ditwah affected populace though one year has elapsed. The devastation cost the country more than US $ 4.1 billion, an Australia-based Chartered Engineer of Sri Lankan origin said.
‘Cyclone Ditwah affected more than 2.2 million people in 25 districts, which is considered to be one tenth of the population. However, only 39 percent of the allocated funds have been spent to date, the speaker, a one-time General Secretary of the JVP, now living in Australia Lionel Bopage said.
He made these comments at a Rotary Club Colombo South monthly meeting held at the Kingsbury Hotel, Colombo recently.
Bopage quoted from a Loughborough University research report published in February to the effect that Sri Lanka has under invested in prevention but over invested in recovery.
Bopage added: ‘The largest single economic category affected were not buildings but the agriculture sector which provides livelihoods for the majority of affected persons. Therefore agricultural livelihoods have been hit most.
‘More than 58,000 hectares of paddy lands were flooded in the Eastern districts alone, while 46 reservoirs reached critical spill level or failed outright following the disaster.
‘A rapid education sector assessment found that 1,682 schools were affected and more than 555,000 children were unable to attend schools. Further, 622 water supply schemes had been left non-functional and apart from that 11300 homes were damaged or destroyed. But reconstruction is happening at a very slow pace.
‘Tens of thousands of households in the hill country and in the East are still living in damaged properties and on unstable slopes drawing water from schemes that have not been restored.
‘ A Post Disaster Needs Assessment put the cost of resilience at US$ 3.4 billion but restoration work is happening at a slow pace even with foreign donor assistance.’
Business
WB forecast buoys bourse but weak investor participation slows momentum
By Hiran H. Senewiratne
The CSE yesterday kicked off on a positive note due to a World Bank forecast that Sri Lanka could achieve 4.4 percent economic growth this year but later lost momentum due to weak investor participation.
Amid those developments both indices moved upwards. The All Share Price Index went up by 132 points while S and P SL20 rose by 21.02 points.
Turnover stood at Rs 1.97 billion with three crossings. Those crossings were; Lanka IOC 2.7 million shares crossed to the tune of Rs 470 million; its shares traded at Rs 127, CCS 2.7 million shares crossed to the tune of Rs 315 million; its shares sold at Rs 118 and JKH five million shares crossed for Rs 91.5 million; its shares traded at Rs 18.30.
In the retail market companies that mainly contributed to the turnover were; Commercial Credit and Finance Rs 126 million (1.3 million shares traded), Lanka IOC Rs 98 million (775,000 shares traded), Asiri Surgical Hospitals Rs 77 million (7.6 million shares traded), Commercial Bank Rs 51.3 million (307,000 shares traded), Sampath Bank Rs 46 million (325,000 shares traded), HNB Rs 37 million (98000 shares traded) and Tokyo Cement Rs 31 million (393,000 shares traded). During the day 50 million share volumes changed hands in 14547 transactions.
It is said that the petroleum sector performed well, especially Lanka IOC, while in the banking sector counters, especially Commercial Bank and Sampath Bank performed well. In the manufacturing sector, JKH impressed.
TAL Lanka Hotels announced that it has scheduled an Extraordinary General Meeting on October 29 to obtain shareholder approval for a proposed Rs 1.87 billion rights issue. The proceeds will be utilized for the repayment of bank borrowings, part refurbishment of the Taj Samudra Hotel in Colombo, settlement of vendor liabilities, and general corporate requirements.
Yesterday the rupee was quoted at Rs 330.95/331.05 to the US dollar in the spot market, weaker from Rs 330.85/95 the previous day, while bond yields were quoted broadly steady, dealers said.
Business
Huawei continues to showcase practical AI applications at Sri Lanka AI Week 2026
Sri Lanka AI Week 2026 continued into its second day bringing together government, industry, academia and technology partners to explore practical applications of artificial intelligence. As the AI Technology Partner for the second consecutive year, Huawei showcased 18 use cases spanning government, education, finance, industry, green energy and everyday life, demonstrating how AI can be applied to real-world needs.
Prime Minister Dr. Harini Amarasuriya visited the Huawei exhibition together with officials from the Ministry of Education, Higher Education and Vocational Education, experiencing the Smart Classroom, AI in Education and MindGraph by Beijing Normal University demonstrations. The Smart Classroom demostration highlighted how connected technologies can bring teachers and students in different locations into a shared learning environment, while the AI in Education showcase demonstrated how AI can support teachers, enhance learning and enable more personalised education. The Prime Minister praised the efforts of the Ministry of Education, Higher Education and Vocational Education, Huawei and their partners to demonstrate practical applications of AI in education, noting the role of technology in supporting teachers, expanding learning opportunities, and advancing a more inclusive, equitable and future-ready education system.
Later in the day, Deputy Minister of Digital Economy Eng. Eranga Weeraratne, Deputy Minister of Industry and Entrepreneurship Development Chathuranga Abeysinghe, Secretary to the Ministry of Digital Economy Waruna Sri Dhanapala, and Chinese Ambassador Wei Huaxiang visited the Huawei exhibition and explored the AI Hands-On Classroom AI Empowering Industry, AI in Education and Smart Classroom demonstrations. Deputy Minister Weeraratne praised Huawei’s practical approach to showcasing AI applications, noting their relevance to Sri Lanka’s digital transformation across education, industry and skills development. The engagement also extended across the wider AI ecosystem, with industry professionals, technology partners, academics and other visitors engaging with the demonstrations and expressing appreciation for Huawei’s practical approach to applying AI across different areas of society and the economy.
Daniel Wu, CEO of Huawei Sri Lanka, said that Huawei will continue bringing global experience, technology and ecosystem resources to Sri Lanka, while working side by side with local partners to build local capabilities, develop local talent and create real value for the country. “I believe that by working together, we can make AI not only more intelligent, but also more local, more inclusive, and more meaningful for everyone,” he said.
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