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What makes a good project manager?



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Some pointers when choosing a business partner - By Rene Truter

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While good leadership is crucial to the success of a project, it is not the only trait a good Project Manager must possess. This person should have good people skills, be a good communicator, have the foresight to assess potential risks, be a good strategist and also have the skills to manage the budget attached to the job.

Functions of the Project Manager

In a small business, it is often the same person who manages ad hoc projectstogetherwith his day-today management duties. For larger assignments, you may decide to hire a consultant to fill this position. But no matter who the person is, there is a specific set of criteria he has to fulfill during the course of his work.

The Project Manager must:

It's clear that the "human" element is critical to the Project Manager performance, so it's in his best interest to develop a positive, mutually respectful relationship with everyone involvedin making the project a success.

The importance of good communication

Part of the Project Manager's responsibilities is to communicate with all the relevant stakeholders from the beginning right through to completion. To ensure that this happens, he must:

The bottom line is that an effective Project Manager has to have vision, a mission and the will to complete his mission. If this hat is one of the many you have to wear in your business, these guidelines will go a long way in helping you.

Copyright© 2010 Business Partners Ltd. All rights reserved.


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Some pointers when choosing a business partner - By Rene Truter

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About the Author: Rene Truter

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The SME Toolkit is a project of the Small and Medium Enterprise Department of the World Bank Group and is available in multiple languages through local partners, such as South Africa, around the world. Business Partners Ltd, leading risk financing company for small and medium enterprises (SMEs), has made the online Toolkit available for all entrepreneurs in South Africa.

The Toolkit is a joint initiative between Business Partners, the International Finance Corporation (IFC) and IBM, offers easy access to information, resources and online training relevant to SMEs in a large number of industries and business sectors.

The SA SME toolkit provides how-to articles, business forms, financial tools, online training and information resources developed by leading experts, and free software tailor-made for SMEs. All aspects of business set-up and management are covered, from business planning to accounting, financial management, human resources, import /export, legal and insurance matters, marketing, sales, operations and information technology.

The site also offers a range of self-assessment exercises and tools, aimed at enabling entrepreneurs to take control of problem-solving in their companies, and even to proactively implement strategies to avoid potential problems.

Users have lauded the SME Toolkit as a one-stop shop for almost any piece of information needed to run their business. Register on the Toolkit today to start receiving the monthly newsletter and grow your business knowledge and skills.


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