A Project Is Expected To Provide Cash Flows Of Role of a Project Manager and Methodological Approaches of Project Management

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Role of a Project Manager and Methodological Approaches of Project Management

Project management is an important field of study. Many universities and colleges around the world offer various bachelor’s and master’s degrees in this field. People need to have a certain level of skills, knowledge, aptitude and maturity to apply for these degree courses. A professional in this field has to make many tough decisions on a regular basis and therefore, it is important for him or her to have a high EQ or emotional quotient, which is essential for making fair decisions. Project management degree courses provide training to individuals to achieve high EQ.

Project managers work in different private and public companies and even in government organizations where they have to take care of different projects for the development of society or society. Over time, the demand for degree courses in this field has grown exponentially. To meet this increase in demand, several new management institutes were established that offered both online and offline degrees, diplomas and other courses in the field of project management. These institutes also offer certificate courses and these courses are conducted online.

Professionals who successfully complete these degrees are hired by various industries and even government agencies to handle many nationwide projects. Projects in private companies are often small in size and last for a short period of time. They are usually aimed at improving the company’s performance or improving its sales and revenue. Government projects, mainly aim to achieve long term results and projects involve a lot of resources, manpower and revenue. They are the people who can make a difference in the success of an organization, both in the public and private sectors.

Many managers, working in managerial positions across industries, opt for certification courses in project management. These courses help the professionals to get more responsibilities and better profile in their respective organizations. With the skills and knowledge acquired through these courses, managers can handle various projects presented in their companies responsively and effectively. Many government officials undergo training in this field from time to time as these officials have to oversee many large projects. Thus, project management degree and certification courses are always in demand.

Main functions

To become a project manager, one must have a certain amount of experience and knowledge, including a thorough study of project management techniques, problem solving, excellent leadership qualities, and excellent communication skills. Degree courses in this field of study will help the student to have a clear understanding of the responsibilities, duties and roles of a project manager.

The main functions of a project manager include:

  • Process planning and detailed scheduling,
  • To efficiently and effectively organize the human resources at its disposal,
  • Facilitating communication and project team understanding,
  • Allocate resources and monitor activities on the course,
  • Carry out periodical monitoring process, report to Steering Committee on work progress and completion estimates, anticipating any specific intervention or review contract requirements,
  • Participate in steering committee and implement decisions,
  • Take all necessary actions to avoid risks,
  • Liaise with users and involve end users in various project activities, including planning and reference planning,
  • Document his jurisdiction and monitor the monitoring created by the team project,
  • Check the quality of partial products and ensure that accepted quality standards are respected,
  • Provide resource accounting on behalf of his company (your provider).
  • After completion of the project, providing summary work,
  • Always focus exclusively on process improvement projects.

Generally, when a project closes, tension often subsides, causing group members to sometimes slow down their efforts to meet the project’s latest deadlines. Inevitably, people start thinking about the next assignment, even if they need to meet new or urgent project needs. In this case too, the project manager has an important strategic role, encouraging the team to focus on the successful completion of the project.

Systematic approach

In all project management degrees, diplomas and training courses, a lot of importance is given to the different methods or methodological approaches used by project managers to complete projects.

The field includes various methodological approaches adopted for project management, including agile approaches, interactive, incremental and based on a pre-defined sequence of steps.

Many of them refer to the PMBOK developed by the Project Management Institute and widely recognized by management bodies, corporate giants and academic institutions.

Phases of project development

Whichever approach is used, clear project objectives/objectives and their outcomes, including clear definition of roles and responsibilities for all actors, including contractors, are critical to project success. project

In the case of highly complex projects (for example in the case of a set of related projects) and in cases where significant impacts of the projects on these organizations and their processes are known, the project needs to be organized in a more global perspective. Change management terms that focus on managing the impact of human and organizational change within a business context and/or within society.

The main existing methods include:

A classical approach characterized by the orthodoxy of PMBOK developed by the Project Management Institute and linked to other frameworks;

Rational Unified Process (RUP) is a framework for iterative development of software products created by Rational Software Corporation;

Critical chain approach (chain / critical path) which focuses on the availability of resources as well as logical dependencies between project activities;

An approach to project management based on processes derived from the generalization of the concept of project control (process-based management).

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