The 5 Goals of a Project Manager

Jason Westland, has a lengthy Project Management career that has taken him all around the globe. With 15 years experience managing multi-million dollar projects, building high growth companies and creating new project management products Jason knows what it takes for a project to succeed.

Jason now runs a very successful project management website developing templates and training other professional managers how to reach success in the projects they manage. He is also the author of “The Project Management Life Cycle” and has overseen hundreds of projects around the world.

I am pleased to offer my readers a guest post from Jason on The 5 Goals of a Project Manager. Great advice for work and life.  His entire post follows.  If you would like a Word document, click on the link.  To read more about Jason’s work I’ve added some links on the sidebar under Project Management.

The 5 Goals of a project manager

As a Project Manager, you need to manage people, money, suppliers, equipment—the list is never ending. The trick is to be focused. Set yourself 5 personal goals to achieve. If you can meet these simple goals for each project, then you will achieve total success. So read on, to learn…

The 5 Goals of a Project Manager

These goals are generic to all industries and all types of projects. Regardless of your level of experience in project management, set these 5 goals for every project you manage.

Goal 1: To finish on time

This is the oldest but trickiest goal in the book. It’s the most difficult because the requirements often change during the project and the schedule was probably optimistic in the first place.

To succeed, you need to manage your scope very carefully. Implement a change control process so that any changes to the scope are properly managed.

Always keep your plan up to date, recording actual vs. planned progress. Identify any deviations from plan and fix them quickly.

Goal 2: To finish under budget

To make sure that your project costs don’t spiral, you need to set a project budget at the start to compare against. Include in this budget, all of the types of project costs that will accrue, whether they are to do with people, equipment, suppliers or materials. Then work out how much each task in your plan is going to cost to complete and track any deviations from this plan.

Make sure that if you over-spend on some tasks, that you under-spend on others. In this way, you can control your spend and deliver under  budget.

Goal 3: To meet the requirements

The goal here is to meet the requirements that were set for the project  at the start. Whether the requirements were to install a new IT system, build a bridge or implement new processes, your project needs to produce solutions which meet these requirements 100%.

The trick here is to make sure that you have a detailed enough set of requirements at the beginning. If they are ambiguous in any way, then what was initially seen as a small piece of work could become huge, taking up valuable time and resources to complete.

Goal 4: To keep customers happy

You could finish your project on time, under budget and have met 100% of the requirements—but still have unhappy customers. This is usually because their expectations have changed since the project started and have not been properly managed.

To ensure that your project sponsor, customer and other stakeholders are happy at the end of your project, you need to manage their expectations carefully. Make sure you always keep them properly informed of progress. “Keep it real” by giving them a crystal clear view of progress to date. Let them voice their concerns or ideas regularly. Tell them upfront when you can’t deliver on time, or when a change needs to be made. Openness and honesty are always the best tools for setting customer expectations.

Goal 5: To ensure a happy team

If you can do all of this with a happy team, then you’ll be more than willing to do it all again for the next project. And that’s how your staff will feel also. Staff satisfaction is critical to your project’s success.

So keep your team happy by rewarding and recognizing them for their successes. Assign them work that complements their strengths and conduct team building exercises to boost morale. With a happy motivated team, you can achieve anything!

And there you have it. The 5 goals you need to set yourself for every project.

Of course, you should always work smart to achieve these goals more easily.

Jason Westland has 15 years experience in the project management industry. From his experience he has created software to help speed up the management process. If you would like to find out more information about Jason’s online project software visit http://projectmanager.com/

The Generational Gap Goes Global

Facing Up to the Demographic Dilemma

This is a thought provoking article on the challenges and opportunities aging populations present to businesses.  Under Article Tools you can click the PDF button for a reprint rather than page through multiple web pages.  It still fascinates me to watch businesses in the US shed competent people of all ages while ignoring future workforce and critical skills needs.

ASTD Report – New Factors Compound the Growing Skills Shortage

February 2010 Bridging Skills Gap – Free – ASTD

Click on the link above and you’ll be taken to the original source article for the statistics provided below.  The charts themselves came from a newsletter called Workforce Training.  The percentages in bold are my emphasis.  Scary statistics but fixable.

Did I mention we conduct skills gap analysis and custom training to address the gaps?

SKILL GAPS
Seventy-nine percent of 1,179 companies surveyed by the American Society for Training & Development said they had a skill gap. The respondents listed their highest priority gaps as:
Skills of the current workforce do not match changes in company strategy, goals, markets or business models: 51%
Not enough bench strength in the company’s leadership ranks: 40%
Recent merger/acquisition where the organization brought in new employees or current employees are not up to speed on the new industry: 35
Training investments have been cut or there is lack of commitment by senior leaders to employee learning and development: 27
When hiring for certain types of jobs, there are too few qualified candidates (i.e., a gap in the pipeline): 25%
Lack of skilled talent in one or more of the company’s lines of business: 21%
Source: “Bridging the Skills Gap,” American Society for Training & Development, 2009
WHERE THE GAPS ARE
The same companies listed these as their greatest skill needs:
Leadership/executive level skills: 50%
Basic skills (traditional building blocks of business-level competencies): 46%
Professional or industry-specific skills: 41%
Managerial/supervisory skills: 31
Customer service skills: 31
Communication/interpersonal skills: 31
Technical/IT/systems skills: 30
Sales skills: 30
Process and project management skills: 20
Other: 43
Source: “Bridging the Skills Gap,” American Society for Training & Development, 2009

Remote Work – Who Are Those Guys?

What are the Top 10 nations for online workers? / The Christian Science Monitor – CSMonitor.com

And the fastest-growing major economy for freelance work?

The United States. “We’re seeing a huge number of Americans come online,” says Brian Goler, vice president of marketing for oDesk. “More and more people are working this way.”

Perhaps they have to because of the economic downturn. Perhaps they want to.

Permanent Elimination of Jobs

How a New Jobless Era Will Transform America – The Atlantic (March 2010)

The construction and finance industries, bloated by a decade-long housing bubble, are unlikely to regain their former share of the economy, and as a result many out-of-work finance professionals and construction workers won’t be able to simply pick up where they left off when growth returns—they’ll need to retrain and find new careers. (For different reasons, the same might be said of many media professionals and auto workers.) And even within industries that are likely to bounce back smartly, temporary layoffs have generally given way to the permanent elimination of jobs, the result of workplace restructuring. Manufacturing jobs have of course been moving overseas for decades, and still are; but recently, the outsourcing of much white-collar work has become possible. Companies that have cut domestic payrolls to the bone in this recession may choose to rebuild them in Shanghai, Guangzhou, or Bangalore, accelerating off-shoring decisions that otherwise might have occurred over many years.

The Contingent Workforce – a $425 Billion Market

You’re Hired. At Least for Now. – Kiplinger.com

The job is not a timeless fact of human existence.  It is a social artifact.

William Bridges wrote these words over 15 years ago.  We need to fully understand this concept and decide what kind of future we want for ourselves.  Do you want to be in or out?  Nearly four years ago I started my business on a part-time basis.  One year ago, I became  100% self-employed. If you are an underwriter, the time to be an independent for hire has never been better.

If you’re in underwriting management your options for creating the right hybrid model to fit your needs has never been better.  I’ve said it before and I’ll say it again:

I have a mortgage, two kids in college, and a small fleet of cars to support.  Hire me please.

New Hiring Practices – 2009

WORKFORCE METRICS
NEW HIRING PRACTICES
Percentage of employers reporting new hiring practices, 2009
Offering delayed start dates
(e.g., six to 12 months later)
7%
Offering internships to new graduates 9
Lowering starting salaries 24
Targeting younger, less-expensive
employees
14
Targeting experienced, reduced-risk
employees
9
Hiring freeze 44
Source: Monster

I got this chart in an email from Workforce Recruiting.

Read a Book a Week – 2009 Results

1.0 per week in 2009.

Experience matters.  Now I know why from the following NYT article.

Better pattern recognition, significance recognition, and faster solutions.

I hope you kept some of your older underwriters on the payroll.

Adult Learning – Neuroscience – How to Train the Aging Brain – NYTimes.com

Recently, researchers have found even more positive news. The brain, as it traverses middle age, gets better at recognizing the central idea, the big picture. If kept in good shape, the brain can continue to build pathways that help its owner recognize patterns and, as a consequence, see significance and even solutions much faster than a young person can.