The simulation exercise will be interspersed with classroom sessions, and will provide project managers with exposure to external and international environments.

Participants will be assessed and receive feedback from internationally recognized colleagues who work in the field of complex project management.

After the symposium, DMO will also host the inaugural meeting of the College of Complex Project Managers whose fellows include the top 10 internationally recognized leaders in complex project management.

According to the Australian Institute of Project Management (AIPM), a third of the organization's membership base will leave the profession in the next 10 years.

With nearly 50 percent of AIPM's membership falling within the 40 to 54-year age bracket, Australia faces an acute shortage of project management skills by 2020.