Strong project leaders can safeguard the success of various projects. Their skills and qualities outshine challenges in project management, and they understand how to convert leadership to action.
Modern project management is about more than providing a set of practices for a project office to follow. To deliver on schedule and within budget, project management offices (PMOs) must have a successful project management process in place. Yet, knowing the difference between good and great processes is difficult at best. At their core, successful project management processes provide agile, flexible direction for changes to a project.
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Project scope and complexity grows with each passing day. Unlike traditional projects, today’s project management offices (PMOs) face an exponential list of responsibilities, and many projects are small portions of whole project portfolios and programs. Unfortunately, successful portfolio management requires more than hard-copy skills. In fact, a successful project office needs to operate with strong organizational skills and goals in mind. Portfolio and project management relies on strong leadership more than anything else. But, an overwhelming majority of project offices continue to fall short in key areas, like organizational maturity and alignment with business and strategic goals. To help your office achieve lasting and expanding success, master these key qualities below.
Take a moment to think about all that goes into a project. There is a set scope, budget, schedule and timeline. More companies and project management professionals are continuously looking to cut costs and improve visibility. Risks may evolve into threats. Opportunities can evolve into big savings and better visibility. Or, they can result in major changes to your plans. Even the most stringent of project portfolio management plans are subject to change. Political upheaval may lead to revocation of permits. Workers may uncover environmental instability during construction and much more. In all likelihood, the need to reduce project costs will increase as the project moves forward. Things change, and issues will occur, threatening complete collapse and failure. But, project managers and team members can navigate these treacherous waters by understanding the top four challenges they face and how to overcome them.