Project management is a discipline which involves the practice of initiating, planning, controlling and predicting in a group or individual task. Project management is employed in order to gain work efficiency and desirable results in a specific activity. The most challenging part is to achieve all desirable results within the provided constraints. A project manager is a literal man who makes use of his specific methodologies and technical skills to achieve the maximum outcome in a project. He uses his broad knowledge of project management in areas of procurement, human resources, communications, risk management, and stakeholder management.
People sometimes confuse management with project management, but it is distinguishable on the fact that project management has a final deliverable and finite time span. For this reason, a project management professional needs a wide range of skills, technicality, strong communication, and business cognizance. His task involves step by step procedure. Initially, he makes his company belief why to opt for a specific task.
On the second step, he prepares a business case to justify the investment involved in a specific project. Collecting grants and funds, leading the group, managing the risk, monitoring progress and maintaining communication is the middle part of the procedure. In the end, he closes the project in a skillful manner when appropriate.
When it comes to closing a deal or leading a group of people in a project, strong communication is a golden rule to win the project. Making people understand to do work in a specific manner is a difficult task. Command on communication can only be achieved when a person has vast knowledge and technical skills to execute work.
A project always demands a division of work for its efficient execution and maximum workflow. It is pertinent for a project manager to divide the task into various components in order to understand the worth of each step. It is also important so that the technical aspects of each step can be discussed briefly and transparency can be obtained.
Managing the risks when doing a task and solving critical situations in the economical application of resources is also pertinent for a project manager. These threats to the organization’s capital and earning should be dealt with strategic manner. Identifying, assessing and controlling these extortions is the ultimate job of a project manager.
Some project managers also opt for hybrid approaches in their procedural measures. It combines the agile and works break down method to devise a new method for project management.