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Discuss the following project manager competencies: technical project management, leadership and strategic and business management. Explain the qualities and skills of a project leader.
Successful project management requires the project manager to possess several key competencies. According to PMI (2017), the three project manager competencies are technical project management, leadership, and strategic and business management. Technical project management is being able to identify critical factors for success, scheduling and financial reports (p. 56). Technical project management refers to the knowledge, abilities, and behaviors that project managers apply to achieve the required objectives for programs or projects. With these abilities, project managers may concentrate on the critical aspects of projects that they oversee. According to Udo and Koppensteiner (2004), a leader balances five areas time, money, knowledge, security, and prestige (para 25). All stakeholders need to feel like they have gained adequate “currency” for the project to be considered a success. To accomplish this, a project manager needs to possess strong leadership and strategic and business mangement skills.
The quality and skills of a project leader require a diverse and broad skillset. According to Joubert (2019), there are seven essential skills for a project manager. The seven skills are effective communication, negotiation, scheduling and time management, leadership, technical expertise, risk management, and critical thinking and problem solving. These skills are crucial to the success of any project. They are necessary to effectively lead a team through each phase of the project while keeping the company’s strategic plan for the project at the forefront. Effectively communicating with all departments and people involved in the project is the essential to obtaining a favorable outcome. Learning how to effectively communicate with each person in a project is critical to being able to establish a vision for the outcome. Negotiation is key to obtaining the team, supplies and resources needed to complete the project. Scheduling and time management must be a priority to ensure the project is completed on time. Leadership is effectively coaching and motivating the people under you. Strong leadership skills create an environment of motivated and satisfied employees. Technical expertise is required to effectively communicate with their teams and to understand the risks and rewards a project offers. According to Miranda and Hardy (2022), as a project manager, you have to be aware of the risks and rewards involved in a project (para 4). Risk management is essential to effective project management. Critical thinking is needed to overcome the many problems that arise over the course of a project. Finding creative solutions is key to success.
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