Any venture can be delineated as a project to overhaul or create a process, service or product. It must include a clearly characterized plan with budgets, measurable deliverable, and timeliness, which are requisite for accomplishing the objectives of a project. But, to attain this achievement, the appropriate combination of individuals, tools and processes should be made in order to discern the source of unique as well as common project challenges. Few of the challenges include communicating with the clients, maintaining a unified goal on every level of the organization, monitoring and tracking the status of the ongoing project, defusing and managing present issues, and accurately allocating resources along with employee availability. This is when a project manager plays a very crucial role.
A project manager is the person accountable for the project's success. The project manager makes sure that the people involved in a specific project have a very clear understanding about their responsibilities and tasks. Also, he ensures that the individuals affixed with a project have the right to use the resources as well as time for executing their tasks proficiently. Besides, the manager of the project should also communicate the project's requirements and progress to stakeholders and beware of the possible risks and problems which might happen during the progress of the project. An effective project manager should think ahead and adjust a project plan for mitigating risks along with potential problems which might take place alongside.
A project manager usually works in different areas like computer or information systems management, finance management, or engineering and making trading more simple. Initially, they assist in different project management then monitor its success all the way. Eventually, they attain vast experience in the specific field, consequently become partners, consultants, and shareholders in project management firms.
A success project manager should have broad perspective along with understanding of the firm where they are working. People management skills, communications skills, prevention skills, cross functional, or team leadership skills, and organization leading abilities are various other traits a project manger should definitely possess. Additionally, he should also have legal knowledge, evaluation of options, negotiation abilities, system maintenance, and designing.
Without correct guidance, the employees might be stressed, frustrated, confused, or work inefficiently. This further can cause the project to surpass its budget or get off schedule. A project manager should hold the aptitude to prevent all of these issues from happening, as they act not just as enablers and drivers but as controllers too. The manager should think very quickly.
A person who wants to be a project manager should hold a degree or postgraduate qualification in any subject like management, business, engineering, ICT, science, or construction. A degree in project management may also assist in getting a good job as a project manger.
Along with academics, to be a project manager a person should have some practical knowledge as well. He or she can work in an organization and attain training in making strong leadership skills, HR skills, communication skills, problem solving, time management, and cost management.
The basic salary of a project manager can vary according to the field he is into. The initial salaries might range from $20,000 to $27,000 per year. The exercised managers can make $30,000 to $60,000 annually, whereas the most highly remunerated project manager can get above than $75,000 every year.
The need of qualified and skilled project mangers is increasing day by day. Various sectors such as engineering, banking, sales, marketing, accountancy, IT, manufacturing, and even law are hiring project managers who can make alterations in their businesses and make more earnings.
A properly oriented and an experienced manager will be capable of managing all of the aspects of a project in an effective manner. A few of the traits required for projects managers are people with a clear understanding of how to aim to achieve the desired goals using the specified resources. These people also have an aptitude to delegate responsibilities as well as maintain a staff. They can have a great and most lucrative future as a project manager. The growth as a project manger is unbelievable. You just have to make sure that you possess all the traits and skills of a manager and fulfill your responsibilities professionally. When you handle a project in an effectual manner and make it a success, nobody can stop you in gaining recognition and desired earnings.