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Acquiring Project Management Skills - A Wise Career Move Project Management is knowing how to see a project through from its initial stage of conceptualization to the final stage of execution. Acquiring project management skills can work wonders for your career. The Life Cycle of a Project A project is very different from operations management which involves repetitive jobs that are carried out on a daily basis. A project is a temporary initiative which is unique in nature. Every project has a certain life cycle which has been identified below. It starts with initiation where the project is selected after the evaluation of a number of factors. This is followed by the planning which is an intensive stage where you need to identify all the work that needs to be done and the deadlines by which they need to be accomplished. This stage also involves the allocation of a budget. The execution stage follows next, where the actual work is done and the project is brought to life. The monitoring and control stage inspects and evaluates the project, and finally you have the wrapping up and closing of the project. What Skills Does a Project Manager Need As a project manager, the onus of the success of the project depends on his shoulder. You can imagine what a position of responsibility he holds. There are nine project management skills that have been identified, which are as follows: 1. Integration Management 2. Time Management 3. Scope Management 4. Human Resource Management 5. Procurement Management 6. Cost Management 7. Risk Management 8. Quality Management 9. Communications Management Of these nine skills, there are some that need only a cursory familiarity while others require more in-depth knowledge and even mastery.
Why Do You Need These Skills? Acquiring project management skills is an important move for your career. Since it has a logical sequence, you can get things done faster and more efficiently, and you are able to document and quantify your results. You learn how to use the resources at hand more productively, thereby generating better-thanaverage results. You are able to assess your performance at the end of every project and go over what you learned.
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