Project Management Skills And Abilities

In the current business environment, the demand for project managers is ever growing. In short, project management is a provisional project constrained by time, cost and scope (A guide to the project management body of knowledge, 2013). Between the immense organization, optimization, and communication assets skilled project management brings to a project, it is easy to see why project management is a booming field of study. Furthermore, project management can be both financially and personally rewarding when long term milestones and goals come to fruition.

Executive Summary Project management is the science of planning, organizing, executing, and managing the resources needed to achieve a specific goal. Effective project managers (PM) strategically facilitate the entire project management process to ensure the project’s success. To do this the PM must adequately meet the specific requirements (i.e., time, scope, quality, and cost) set forth by the project and its stakeholders. It is theorized that PM must possess a set of core competencies in order to successfully manage a project. Those competencies are development of project management knowledge areas, application of appropriate project management tools and techniques, understanding of the project

In this paper, I, a student of University of Phoenix will explain and discuss project management. I will address three main points. I will first answer what is a project. Secondly, I will discuss what are the basic phases of the project lifecycle and their purpose. Finally, I will explain why it 's important for organizations to use project management to accomplish tasks.

In this paper the word ‘project” is defined, discussed and elaborated on. The phases of a project lifecycle and its purpose are to be discussed, and how it is important for organizations to use project management to accomplish tasks will in conclusion be discussed thoroughly. The indisputable word ‘Project” may be defined in numerous unusual ways, some can all have the same meaning and others can mislead a reader. The definition that accurately explains what a project is, comes from the Houghton Mifflin Company (2009) website stating; “something that is contemplated, devised, or planned; plan; scheme.” A definition that can mislead a reader is this definition from the same website just two paragraphs

The majority of project management positions require a bachelor’s degree in a business management related field, as well as a professional certification and management experience. Many project manager professionals elect to obtain a master’s degree or advanced postgraduate certification in project management, analytics, or business management. The Project Management Professional (PMP) Certification is the most recognized certificate for project managers. According to the Project Management Institute, “As a PMP, you can work in virtually any industry, with any methodology and in any location, and earn on average 20% more than without a PMP.” (pmi.org) Education is highly valued in project management; however, important skills such as, good communication and the ability to execute are developed with experience.

More employers are looking at project management certification as important, and it is becoming more necessary for a project manager. Project Management Institute's (PMI) Project Management Professional (PMP) credential is the preferred certification that most employers are regarding as “highly desirable” for a new project manager. One reason employers are increasing weight on project management credentials is demand. More and more clients are requesting a project manager be certified in order to take on their project. “The marketplace in the U.S. is demanding the PMP or other project management certification," he says. "Going back five or six years, IBM has seen requests for proposals where the clients are demanding certified project managers

Project management institute is a non-profit world-wide organization. It outlines the industry standardization, education, membership, research and certification. They advances the careers, matures the project management profession, and expands the organizational success through standards, resources, academic research, professional development courses. They offer free downloads of tools, templates, e-learning courses and offer free training sometimes. It offers the services like standard development, publications, hosting conferences and finally offers accreditations in the Project management. To attain the PMI credential, the member need to document first about their education and experience as it’s a requirement. PMI’s advocacy for project management is by its services. These certifications provide the competency and knowledge with a PMP certification. The income and career opportunities for credential holders denote that employer identify the value delivered by practitioner. The Project management institute research program which is expensive but advances in the science, profession of project management.

The Project Management Partners Competency Model was developed from the observable behaviours of successful, professional project managers in a variety of application areas. It provides a consistent, coherent structure for assessing the capabilities of current and prospective project managers. The Competency Model can be used to: • Guide a training needs assessment to help optimize the use of scarce training dollars by identifying gaps between job requirements and incumbent skill levels. • Perform individual competency assessments to evaluate current project managers or to screen prospective project managers. • Conduct an organization-wide competency assessment to ensure that the most

Favorable project management skills identified through the self-assessment were scope, cost, quality, people, communication, risk, project procurement, and general project management skills. Schedule management was border line where it could be viewed as

Bryan Bowers, a recent certified project manager explains the complexities of the PMP exam and how it can benefit you in advancing your career. In his interview, He explained the exam as being the “most brutal exam that he has every taken in his life” however, the outcome was he passed the exam and he is now a certified Project Manager . He decided to become certified because he believed it would enhance his skills so that he could direct projects more effectively. In addition, he explains that the requirements include competency in leading and directing project teams, the advantages of obtaining a certificationwhich will not only help individuals stand out to employers, but it can increase earning potential. The PMP certification is globally

Taking the Project Management Skills quiz provided a good insight of the necessary skills involved for project management. Strengths and weaknesses were identified. The results of the quiz identified my skill level was in the middle grouping indicating my management skills are average. Project management skills can include leading, planning, organizing, and communicating but unless a person is able to do these tasks well, management skills can suffer.

PMI’s Project Management Professional (PMP) credential is the most important industry-recognized certification for project managers. Globally recognized and demanded, the PMP® demonstrates that you have the experience, education and competency to lead and direct projects.

Project leaders really need leadership skills and expertise. A project leader should have managerial skills that efficiently act in accordance to their roles within the organization or community, and stand-out from the congregation. Something must make the leader quite different from the other individuals, especially when the person is currently searching for a job, is worried about his/her job, or is worried about his/her job security given the condition of the current economy. Since this has continually been the case, it is even more significant in the current economy where project leaders are asked to perform more tasks with less cash. They are required to draft budgets for their schemes, use less obtainable

In today’s ever growing competitive market the products are getting user friendly, which means products are getting smarter and do the majority of work. Smarter products are complicated, and so is the process to develop them, Project Management is a crucial tool for streamlining complicated processes. As it applies today and in the future, to be successful in the careers mastering technical knowledge will be insufficient, if it is not backed by leadership and management skills. My primary motivation to pursue Project Management Education is to develop business skills, which will help me lead and implement my technical ideas and if required motivate and direct a team towards a common goal.

There are many different types of project management certification, but the certification I’m interesting in pursuing is PMP. PMP certification is one of the leading project management certifications, and one third of certified project managers obtained PMP. Unlike the other project management certification, PMP doesn’t focus on only one particular geography or domain; instead PMP certification is global (PMI, 2017). Individuals who are PMP certified have the option to work in any industry with methodology and any location (PMI, 2917). In addition, organizations that have PMP certified project manager, meet their projects original goals, and they complete their project on time and on budget (PMI, 2015).