What is Project Management?
Definition of Project Management
Project Management is working with a team, or multiple teams in different concentrations in order to plan a project while managing a company’s resources to accomplish all the tasks that constitute a project. As a result, it is important to accomplish the project on a schedule and to achieve a goal, whether that is to finish a construction assignment, a marketing initiative, or something else. Effective project management takes a person with good organization and prioritization skills to finish a project successfully.Importance of Good Project Management Skills
The biggest reasons good project management skills are important for us include:- We have limited resources, for example, limited time, employees, capital, etc.
- We have so many things to do, and not enough time to work on everything that we would like to.
- Not everything that we do will have a positive return of investment, and sometimes, you do not know whether or not the ROI will be high or low until you try.
What is A Project Manager?
A Project Manager is a person who is involved in the “planning, control, and coordination of all aspects of a project in order to achieve the agreed objectives.” This includes:- Initiating
- Planning
- Executing
- Controlling
- Closing
Project Manager Core Competencies
Core Competencies are the skills that many successful Project Managers must use in order to strive and achieve their goals. Some of these skills include, but are not limited to:- Determining which goals need to be achieved, and then carrying out a project that will help execute those goals
- Deciding which smaller tasks need to be completed in order to finish the project in the time allotted
- Being able to think quickly when curveballs are thrown, and remedying those issues by fixing the problem or creating an alternative
Core Competencies Examples
Skills of Successful Project Managers
Qualities of a Project Manager
In order to be a successful project manager, you must not only possess the skills listed under Core Competencies, but you must also exhibit certain attributes to help you attain your goals. Below are some qualities that are useful to have as a successful project manager:- Leadership: The ability to take charge and get things done, all while creating a positive working environment where success is possible.
- Motivation: Not only is it important to be able to motivate yourself, but it is also of great importance to motivate your employees to help them achieve more. Many motivated project managers encourage teamwork because it helps to motivate and to create a cohesive team.
- Organization: Successful project managers are able to stay organized by being able to prioritize their competing obligations and working with the end goal in mind.
- Conscientiousness: Continuously planning for the future and making sure that projects are on track, on budget, and on schedule.
- Personable: Emphasizes with employee needs while taking input from their team when making decisions, encouraging comments and concerns.
What are Project Management Skills?
Project Management Skills are abilities that are necessary to have when working on projects. Having good project management skills will help to bring value through every step of your project. Below is a list of project management skills that any good project manager should have, but are also effective for anybody who manages projects in general. 1. Ruthless Prioritization It is so important to have good prioritization skills because it makes no sense to focus on tasks or projects when your efforts will not be worth it in the end. Thus, you must figure out how to determine where your energy should be focused to make the best out of your limited time and resources, and take you one step closer to achieving your goals. One way that you can take control of your prioritization is by using the MoSCoW Method. The MoSCoW method helps you figure out which of the tasks in your projects take priority. The acronym stands for whether the task MUST be completed as the project will not be successful without this component, SHOULD be completed, but will not necessarily contribute to success, COULD be completed if there is enough time, or WON’T be completed, but will try to be if there is time in the future. Another prioritization technique is the Eisenhower Matrix, created by the 34th President of the United States to determine which of his priorities were critical, and necessary to get to done, as well as which of his priorities were urgent and time sensitive. As a result, he divided his tasks into quadrants:- Critical and Urgent
- Critical, but Not Urgent
- Not Critical, but Urgent
- Neither Critical, Nor Urgent
- The project goals and the purpose of the project
- How the project is going to be completed
- The project timeline
- The tasks and subtasks that need to be completed
- Who is involved in the project and what is expected of them, along with which tasks are delegated to whom
Project Management Tools
Priority Matrix Priority Matrix is a project management solution that allows you to communicate priorities across your team and provides visibility into shared projects so that you can keep track of the moving parts of your initiatives. It allows you to monitor all of the tasks in your projects by adding notes, uploading files, setting due dates, communicating through the in-app chat, delegating tasks to team members, and more, all while offering features such as Gantt charts and advanced reports. Learn more about Priority Matrix for Windows, iPhone, iPad, and Mac.Try Priority Matrix for Free!

Good Project Management Skills Infographic
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