Association for Project ManagementAnnual General Meeting 2020

16 November 2020

Property of APM1

Agenda

(Vice) President‘s Address Approval of 2019 AGM Minutes Annual Report and Accounts for Year Ended 31

March 2020 Election Results Members’ Questions

Property of APM2

Agenda Item 1(Vice) President’s Address

Paul Chapman

Property of APM3

Agenda Item 2Approval of 2019 Minutes

Property of APM4

Agenda Item 3 Annual Report and Accounts to 31 March 2020

Debbie Lewis, ChairDebbie Dore, CEOMark Hepworth, CFO

Property of APM5

Debbie Lewis, Chair

Property of APM6

APM Vision, Mission and Objectives

7 Property of APM

2020 Coronavirus Pandemic

Property of APM8

Close monitoring of situation by Executive team and Board

Took all steps necessary to protect health and wellbeing of staff

Took all necessary precautions to minimise impact on business activities

Ensured members and stakeholders fully supported through this period

Organisation continues to adapt and is emerging stronger

Significant revenue impact but APM remains in a strong position to retune to growth in 21/22

Governance Through This Crisis

Increased frequency of Board meetings

Detailed financial planning scenarios

Mitigations put in place, acting promptly but flexibly

Thinking both short and longer term on the actions taken

Managing risk and reserves

Providing focus

Adopting new ways of working and leading

Property of APM9

Update on 3 Key Strategic Developments- topics discussed at the last AGM

Project Data Analytics (PDA)

Climate Change

APM Brand

Property of APM10

APM Role in Project Data Analytics (PDA)

Data Advisory Group

Bringing together partner organisations including professional bodies, government departments, funding providers and thought leaders in the field to explore how we can support the project profession on its data journey

Aim to raise awareness of the use of data and analytics, sharing knowledge and improve ‘data literacy’, sponsoring research and working with partners to set standards. APM is creating a content hub to build knowledge and understanding signposting relevant activity and developments

Property of APM11

Funded X3 research studies on: Can AI learn to be a professional project manager? (University of Manchester), The use of Project data in complex projects (University of Southampton) and Leveraging the value of lessons learnt through the power of intelligent agents (University of Sheffield). All to be published spring 2021.

PDA Pathfinder report – published Oct 20

Supporting PDA Task Force led by Projecting Success

Supporting PDA Research Network led by Warwick Uni

Supporting Project X theme on Data, and hosting and supporting APM and external PDA webinars

Wider project data and analytics work

Climate Change Statement and Focus

Raise awareness and encourage debate about the consequences of climate change and how individuals and organisations can make a difference now and in the future

Guide, advocate and promote the need for investment in climate change adaption, mitigation and sustainable development

Encourage, identify and celebrate good practice within the project profession that responds to the climate change challenge

Share and disseminate knowledge and research to encourage the take up of project innovations which are responsive to climate change and sustainability challenges

Promote education, training and professional development opportunities to help members gain the knowledge and skills to respond effectively to climate change

Property of APM12

Leading by example – committed to APM being carbon neutral by 2050

Joint statement signed with 27 other professional bodies (including CIC, UK Building Council and the Edge)

APM as case study in PARN 'Greening Professionalism' paper

Challenge paper released on climate change, clean growth and sustainability as part of projecting the future

Action plan for coordinated action by project professionals across all sectors developed with five key objectives

Strong interest in sustainability being included in revised competence framework

Statement and Focus Actions

APM Brand

APM’s current brand identity was launched 15 years ago Decided in 2019 to review our brand to determine how it

should evolve to best reflect the organisation we’ve become

Ensuring we stand out and remain relevant to our current members, as well as appealing to new members and audiences

To ensure the opportunities of chartered status were being leveraged

Engaged Frank Bright & Abel, a brand communications consultancy, to conduct the review and develop a strategy to meet these demands

Comprehensive internal and external research programme – the largest qualitative research we’ve ever undertaken – spoke in person to around 100 members and non-members, and conducted surveys

Looked across our communications and applications –publications, website, events, brochures, etc

Phase 1 Brand story

– A clear story emerged that is framed by the wider world context, setting the bar high for the future, and provides a rich community for our members

– We have a key role in the project management world Brand attributes, values and behaviours and tone of voice

principles– A clear direction that builds on our strengths and builds

in a bolder voice and more truly progressive stancePhase 2 Visual brand

– What’s served us well may need change, to reflect the organisation we’ve become and where we’re going

– Consider a name change to incorporate charter but there are very limited options available so needs careful consideration and so no decision yet

Development Implementation

Property of APM13

Delivering Public Benefit and Looking Forward

Continue to support the organisation through COVID Continue to develop the membership proposition Refresh the 5-year strategy for flexibility in uncertain times Develop the best Board to support but challenge the

organisation APM's 50th Anniversary in 2022

Keep our charitable objects as the compass : “advance the science, theory and practice of project and programme management for the public benefit”

Looking Forward

Property of APM14

Debbie Dore, CEO

Property of APM15

2019/20 Highly Successful Year for APM

Property of APM16

Revenue growth of 9.5% overall

Qualifications revenue + 14%

• MAPM increase 4%• FAPM increase 20%• Student increase 45%

Membership revenue +4%

Association Awards

Golden Thread

Best Companies Top 100

Membership Survey

35%30%25%20%15%10%

5%0%

0 =Extremely

unlikely

1 2 3 4 5 6 7 8 9 10 =Extremely

likely

How likely would you be to recommend APM membership?

NPS+45

Promoters55% of surveyed members

Detractors10% of surveyed members

Passives34% of surveyed members

NPS has considerably improved, rising from +29 to +45

Property of APM17

2019/20 Highlights

Property of APM18

20,000+ people achieved an APM Qualification/Standard 1,000 ChPPs achieved December 2019 APM Body of Knowledge 7th Edition launched Over 100 university, school and college events Extended our international reach e.g. United Nations Office of

Project Services Wellbeing, diversity and inclusion focus groups established Increased diversity of opportunity in volunteering leading to many new

volunteers engaging with APM

Portfolio Deliverables 2019-20

Chartered updates November 2019

Pro-rata renewal dates Improved online directory for

Register of ChPPs

Community Platform Early 2020

A secure community space for the profession

Qualifications Platform From March 2020

Improved and seamless candidate experience

Candidates can take the APM PMQ online from June 2020

Paperless Direct Debit /Automated RenewalsJanuary / February 2020

Simpler customer journey when it comes to renewing

Digital Development Project Rollout from 2020

Develops the ability to bring online features to Members faster

Revised PMQ and PFQ aligned to the APM Body of knowledge 7th edition May 2020

Ensures our qualifications continue to equip learners with the most relevant knowledge

PFQ Online - Open ExamMay 2020

Allows candidates to sit the one-hour multiple choice exam at anytime from anywhere

PPQ Revision August 2020

Shaped by input from the profession and corporate organisations

Property of APM19

Continued to engage across government with IPA, NAO, NIC and various government departments

Collaborated with other professional bodies and associations where working together has greater impact

Continued to develop the APM voice contributing to and commenting on relevant reports and research outcomes

Key research delivered 2019/20 includes Research Fund papers, Research Summary Series and Salary Survey

'Responding to Complexity’ (with Brighton University), and 'Wellness’ (Manchester University ) research

Partner in Government's Project X research partnership

20

External Affairs & Research

Property of APM

Golden Thread Research

Property of APM21

Projecting the Future – The Big Conversation

Property of APM22www.apm.org.uk/projecting-the-future/

We Significantly Invested in Our Digital Services

Online Qualifications

Digital partner

MS Teams and InEvent

APM LearningProperty of APM23

Focus Now is on the Remainder of 2020

Forward focus with clear plans and deliverables

Remains a highly uncertain period

Recovery will be slow

Sustaining energy and productivity will become more challenging

Find new ways to deliver what people are missing

Ensure we don’t lose a year of creativity and future planning

Property of APM24

Webinars Meet ups Blogs Articles Conference speakers +10,000 attendees at webinars during this

period

Property of APM25

Volunteers

2019/20 Financial Report

Mark HepworthChief Financial Officer

Property of APM26

Summary Income and Expenditure

£'000 2019/20 2018/19

Total Income 12,689 11,583

Total Expenditure (12,509) (11,167)

Operating surplus 180 416

Net Gain/(Loss) on Investments (307) 151

Net Income/(Expenditure for the year) (127) 567

Funds brought forward 6,565 5,998Funds carried forward 6,437 6,565

Property of APM27

Operating Income

£'000 2019/20 2018/19

Subscriptions 4,205 4,010

Examinations and other contractual income 7,148 6,258

Publications 554 502

Events 716 761

Investment Income 66 52

Total Income 12,689 11,583

Property of APM28

Total Expenditure

£'000 2019/20 2018/19

Subscriptions 5,075 4,116

Examinations and other fees 5,074 4,422

Publications 863 978

Research and development projects 549 457

Events 928 1,176

Investment management costs 20 19

Total Expenditure 12,509 11,168

Property of APM29

Individual Membership

31 March 31 March2020 2019

Life Members 10 10Honorary Fellows 103 97Fellows 574 463Members 14,874 13,763Associates 7,846 8,808Students 9,620 6,604

Total 33,027 29,745

Paying Members 23,294 23,033Non-Paying Members 9,733 6,712

33,027 29,745

20,000

22,000

24,000

26,000

28,000

30,000

32,000

34,000

2016 2017 2018 2019 2020Year ending 31 March

Individual membership 2016-2020

Property of APM30

Balance Sheet

£'000 March March March March2020 2019 2020 2019

Fixed Assets Current Liabilities due within one year

Intangible Fixed Assets 1,026 914 Trade creditors (597) (642)Tangible Fixed Assets 925 1,126 Other creditors & accruals (1,097) (1,108)Investment Portfolio 3,753 4,008 Subscriptions received in advance (1,936) (1,885)

Taxes and social security (261) (257)5,704 6,048 (3,891) (3,892)

Current Assets Net Current Assets/(Liabilities) 1,196 1,073

Investments - Term Deposits 2,192 2,589 Total assets less current liabilities 6,900 7,121Stocks 22 13Debtors 1,973 1,717 Liabilities due in more than one year (463) (556)Cash at bank and in hand 900 646

5,087 4,965 Net Assets 6,437 6,565

Property of APM31

Coronavirus Pandemic – Financial Impact

Membership base holding up Chartered applications remain strong Immediate and significant impact on qualification income

– Online qualifications’ platform accelerated by three months to April 2020

Shift to digital content delivery and engagement– Physical conferences replaced by virtual

Investment portfolio recovered Costs reviewed

– Contracts re-negotiated, lower priority expenditure deferred

Management of reserves through rigorous planning – Ready to exploit opportunities as and when confidence returns

Property of APM32

Agenda Item 4 Election Results

Mike RobinsonCompany Secretary

Property of APM33

34

APM Board Election Results 2020

Property of APM

Reflecting APM's desire to reduce its carbon footprint, 2020 was our first ballot conducted entirely online. This saved funds and a significant quantity of paper.

The number and calibre of candidates was excellent once again.

Turnout was a new record at 26.6% reflecting excellent levels of engagement. A third more votes were cast than last year's during last year's previous record.

The ballot delivers proxy votes to the AGM. We can confirm three new trustees, each with three-year terms of office.

35

APM Board Election Results 2020

Property of APM

Agenda Item 5 Members’ Questions

Debbie Dore

Property of APM36

Final Thoughts and Closing Remarks

Paul ChapmanDebbie Lewis

Property of APM37

Property of APM38

…for attending