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Top 5 Attributes

Shiv Chandna

Created on December 10, 2023

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Transcript

TOP 5 ATTRIBUTES OF A PROJECT MANAGER

United Utilities

Index

Problem

1.

Solution- Iron Triangle

2.

3.

Top 5 Attributes

4.

Conclusion

Problem

01

While the majority recognise the importance of critical success factors, they also acknowledge gaps in good practice.

According to APM’s 2015 report, Conditions for Project Success, 80 percent of projects fail to wholly meet their planned objectives.

02

Only 4% respondents rated project planning and review as excellent; while 14% said it was either poor or absent from their last project.

03

39% felt competency levels in project teams was only moderately good

"Managing a project is like a careful dance where time, cost, and quality move together. But, there's a tricky part called risk in the middle, making every step important."

Solution

The Iron Triangle

The optimal resolution for every project lies in the meticulous equilibrium of the constituent elements within the iron triangle, deftly addressing the challenges posed by the intricate interplay of time, cost, and scope, with the pivotal consideration of risk situated at its core.

Risk

1. Communication and Collaboration

Attributes

4. Time Management

So what really are the top 5 attributes of a good Graduate Project Manager ?

2. Analytical Skills

5. Risk Mangement

3. Cost Management

Communication

Effective communication and collaboration is the backbone of successful project management. It ensures a shared understanding among team members, stakeholders, and clients, reducing the likelihood of misunderstandings.

🔥

Analytical Skills

Analytical skills are essential for dissecting complex problems, interpreting data, and making informed decisions. In project management, these skills provide a foundation for strategic planning and efficient problem solving. Furthermore, Adopting an agile way of working, I will foster a collaborative and adaptive project environment. This involves iterative planning, regular reassessment of project goals, and flexibility in responding to evolving needs.

Cost Management

Financial acumen is vital in project management to control costs, allocate resources efficiently, and maintain the financial health of the project.

Time Management

Time is a critical resource in project management, and efficient time management is essential for meeting deadlines and milestones, ensuring project progress stays on track.

Risk Management

Recognizing and mitigating risks is crucial to navigate uncertainties and ensure project success.

Conclusion

A project management triangle keeps the whole project management team’s eyes on key variables that make or break a final quality deliverable. Despite the fact that there are only three constraints to manage in the triangle, managing their dependent relationships is a complex process making these attributes essetial.

Any Questions ?