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Project managers play the lead role in planning, executing, monitoring, controlling, and closing out projects. They are accountable for the entire project scope, the project team and resources, the project budget, and the success or failure of the project. To succeed in their role, project managers must be adept at coordinating resources, managing budgets, measuring and tracking project progress, and communicating with team members and stakeholders. They also assess risks and resolve any issues that arise throughout a project’s life cycle, often being called on to make difficult decisions regarding complex and competing priorities in an effort to achieve desired project outcomes.
Identifying project goals, needs, and scope
Planning, monitoring, and documenting tasks throughout a project
Ensuring all tasks, deliverables, and project materials are delivered promptly
Managing all resources necessary for project execution
Fostering effective communication with stakeholders concerning project status
Foreseeing and strategically eliminating blockers and potential risks
Documenting each step of the process using various project management tools
Ensuring top-quality results and success for a project
Planning and Scheduling: Effective planning and scheduling is crucial to the success of any project. Project managers must be able to identify project goals, create a timeline, allocate resources, and manage risks.
Budgeting and Financial Management: Project managers must have a strong understanding of budgeting and financial management to ensure that projects are completed within budget and on time.
Risk Management: Project managers must be able to identify and manage risks that could impact the success of a project. This ability includes developing contingency plans and mitigating risks as they arise. Risks can be industry specific or general and can vary from legal to business risks to reputational risks.
Project Methodology: Different project management methodologies exist, including Agile and Waterfall, each with a unique set of guidelines for managing and completing projects. It’s essential to be familiar with more than one approach, as the ideal methodology varies depending on the industry and project type. An experienced project manager can identify the most appropriate approach and implement it effectively for each project.
Technical Knowledge: Project managers must have a basic understanding of the technology and tools used in their industry to ensure that projects are completed effectively. Understanding colleagues’ technical skills and client requirements help project managers deliver the best results effectively.
Quality Management: Project managers must be able to ensure that projects meet or exceed quality standards and that any issues are addressed promptly. A project manager’s ability to control quality is key to successfully completing work for clients.
