Project management is a critical resource in the managing of any project in any organization. The project manager acts in the interest of the management team to ensure that the project is completed within budget, on schedule, and with the expected delivery. Project managers play a critical role in Lean Revenue Optimization LRO.
Successful project managers are in high demand as organizations strive to deliver successful projects at a faster pace in increasingly complex environments. There are a few critical skills that make project managers successful ..
More specifically, what is a project? It’s a temporary group activity designed to produce a unique product, service or result. A project is temporary in that it has a defined beginning and end in time, and therefore defined scope and resources. And a project is unique in that it is not a routine operation, but a specific set of operations designed to accomplish a singular goal. So a project team often includes people who don’t usually work together – sometimes from different organizations and across multiple geographies.
Balancing all the elements of a complex project - time, money, scope and people - is the project manager's job. Excellent project management training is essential to successfully dealing with the unexpected challenges that come with every project. Following is an overview of the top 10 project management challenges that project managers may encounter on the job.