5 Essential Project Management Skills

Project management skills is not an easy job. In fact, it’s several not-easy jobs, including the initiation, planning, executing, controlling, and closing of a project. Project is delegated to a team of your choosing, given specific goals to achieve over a defined timeline for a determined budget.

There are certainly more than just the following 10, but if you have these, you have the foundation on which to build a successful career in project management.

5 essential project management skills

Top 1: Communication

Communication is king of management so communications really go hand-in-glove with leadership. You can’t be an effective leader if you’re not able to articulate what it is you need your team to do. Besides, But you’re not only going to be communicating with your team, you’ll need to have clear communications with everyone associated with the project, from vendors and contractors to stakeholders and customers.

Top 2: Risk Management

It’s part of your job to see those issues before they become problems. Therefore, before executing the project, you have to put in the work to identify, assess, and control risk. Although, the more you can manage risk, the more likely your project is going to succeed. Of course, you can’t anticipate everything that might happen over the life cycle of your project.

There will be unanticipated issues that arise, so you need to have a process in place to handle those when they come up.

Top 3: Cost Management

Your first job is to make sure that budget is realistic and can meet the financial needs of the project, and, secondly, controlling those costs through the execution of the project. Furthermore, unless you are lucky and work for an organization with unlimited funds, you’re going to have certain financial constraints, and more likely, be given a very tight budget. It takes a great deal of skill to figure out how to squeeze every cent out of those limited funds.

Top 4: Leadership (really important)

If you want to became a leader in the future, It’s a bit of a slippery skill in that some believe you’re born with leadership skills and that they can’t be taught. After all, what’s the alternative? As a project manager you’re responsible not only for seeing the project through to a successful completion, but you’re leading a team to achieve that goal.

Top 5: Task Management

Here’s another one of those technical skills that should be stamped onto the DNA of every project leader. If scheduling is bedrock to project management, than tasks are mortar that holds everything together.

You can look at this as making a super to-do list, which is not entirely wrong, but as you add complexity you’ll also want to add the tools to help you manage these tasks more efficiently.

Here are 5 skills to you can manage your company and project, You can have all the skills in the world, but without the right skills you’ll still be working at a disadvantage.

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