The principal challenge of project management is to achieve all of the project goals within the given time and resource constraints. A project is a temporary endeavour undertaken to create a unique service or result. It is unique in that it is not a routine operation, but a specific set of operations designed to accomplish a singular goal. Some examples are building a bridge, developing new software, a relief effort, etc.
The Project Manager is responsible for delivering the project. All aspects of projects from initiation to delivery are handled by Project Managers who are the “brains” behind the projects. Not only do they possess an excellent entrepreneurial mindset, but they also keep knowledge and information flowing seamlessly. The key roles and responsibilities of a Project Manager are many but let us understand the 5 most important ones.
5 Key roles & responsibilities of a project manager
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Resource and activity planning
The primary responsibility of a project manager is to define the project’s scope and determine the availability of resources. They set realistic time estimates and evaluate the teams’ capabilities. A clear and concise plan to execute and monitor its progress. Several unforeseen circumstances may occur for which a Project Manager has to be prepared.
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Time management
Delivering a project on time is one of the major needs of a client. Deadlines are sacrosanct. A Project Manager sets realistic deadlines and ensures that they are met. To achieve this they follow the steps listed below:
- Define activities
- Sequence activities
- Estimate the duration of each activity
- Develop a schedule
- Monitor the schedule
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Budgeting
The Project Managers role also encompasses keeping the project within its set budget. They have to frequently review the budget and plan to avoid massive budget overruns.
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Analyzing project risk
Hiccups in a project are inevitable. Pitfalls and hurdles need to be identified in advance. Potential risks not only need to be evaluated and identified before the project begins, a plan to minimize their impact needs to be worked out.
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Organizing and motivating a project team
Assigning responsibilities to team members and ensuring that task progress is communicated to the Project Manager is a key responsibility. He not only delegated but ensures a cordial working environment and constantly motivating team members would lead the project to timely closure.
Project Management Course – Skill Generation
Due to the emerging needs of project management jobs, there will always be huge requirements for project managers. Project managers are always in demand. No matter what the industry, qualified professionals are always needed to plan and execute projects. To become an effective Project Manager, a Project Management course is recommended. It would enable the Project Manager to oversee projects, allocate tasks, communicate effectively, manage crisis and control the scope of the project. Both online and regular courses are available. These programs are designed for individuals/professionals from any industry, who manage projects.
A Project Management Course would empower a Project Manager to perform the roles and responsibilities required in 2022.
More Information:
Understanding A-Z of Strategic Leadership
Key Steps in the Strategic Management Process
Strategic Management Course Online by IIM Lucknow
Most Important Components of Strategic Management
Steps to Build a Robust Business Management Strategy
Advanced General Management Program from IMT GHAZIABAD
