What makes a good project manager?
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Free PDF Download Some pointers when choosing a business partner - By Rene Truter |
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:
- Be able to lead the project team by ensuring that they know exactly what is expected of them, what the deadlines are and then be able to motivate them throughout the process
- Co-ordinate the various people involved and ensure that all stakeholders function in an organised manner. This includes any outside contractors or service providers that influence the outcome of the project
- Ensure that the resources needed to complete the task are available and fall within the allocated budget
- Identify potential risks that may affect the outcome, total costor deadline. Thisincludes things that could happen within the business orteam, and the uncontrollable or external risks, such as the price of petrol going up
- Develop a back-up plan to deal with these risks should they occur
- Have a good communications plan that details how the various stakeholders will be communicated to during the task
- Assess the quality of the final product to ensure that all specifications were met and that the client will be satisfied
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:
- Have a communications plan that lays out who needs to be communicated to, what theyneed to know,when they need to be given the information and how it will be given to them
- Distribute the necessary details to the various stakeholders at theappropriate times. This will includeprogress reports,forecasts of whether deadlines and budgets will be met, and so on
- Provide a project report at the end of the assignment that details all the steps taken, whether these worked or not, the actual budget spent to complete the project and documentation of the hand-over to the client. The project report can also include recommendations for how to handle future projects, through lessons learnt this time 'round
Copyright© 2010 Business Partners Ltd. All rights reserved.
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Free PDF Download Some pointers when choosing a business partner - By Rene Truter |
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About the Author: Rene Truter RSS for Rene's articles - Visit Rene's website 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. Click here to visit Rene's website. Organisation structure and job specifications Keep your employees motivated Using social medial to market your business Business Blues consider your risks Setting goals for your employees |
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