How to excel as a Project Manager?

ChecklistsThe fact that so many projects don’t meet their mandates entirely, while a great number of them also miss some of the critical milestones or deliverables, the question is what it takes to be be successful as a Project Manager? Well, the actual answer may vary depending on specific project related challenges, it almost always helps to be pro-active, focused on the “Ask” and keep learning project management best practices to implement on future initiatives. Here are few tips I think would go a long way to make one a better Project manager if followed with some rigor.

  1. Track time and budget effectively: After all most project have schedule or budget as one of its success criteria so have a keen eye for these numbers. Set a regular recurring time slot to review them on weekly or bi-weekly basis and don’t forget to check the data source for any further data refinement needed. You may also plot these data points for graphical view to see emerging trends especially projects sensitive to budget, schedule or both.
  2. Use checklists: Despite advancements in processes or technology, we are ever busier by day and have to deal with lot of complexity and several critical tasks competing for our attention. A checklist is a very simple quality tool but one of the most effective one to use for those critical tasks that need to be processed or can’t be missed.
  3. Meet Effectively: Some of the common best practices to focus for next year are pretty basic but also effective. My personal favorite is to send out your meeting material at least 1 day in advance not just before meeting start time! Another thing that helps is to have a well thought out agenda and expectations from the meeting participants so they come prepared. Keeping the meeting time short and discussion on tracking items too is a greatly appreciated
  4. Safety and security: With growth of technical advancement the safety and security concern to project personnel and assets is increasing too. This could be relevant to not only the core project team but the vendors and suppliers as well. So ensure your project safety goals and security policies are well laid out, your vendors and 3rd party personnel are vetted with right set of access, physical and IT security norms are followed per requirements. Don’t forget to set aside some time slot for any mandatory training too.
  5. Own your learning plan: Learning never stops in this highly dynamic world of today. As different sectors collide and collaborate at the same time, it is as chaotic today as never before. This demands continuous and exponential knowledge curve at the personal level. This is especially true since you can no longer depend on organizations to shape and take interest in your career goals. So one must have his or her career goals clearly defined based on the personal strength and personality.
  6. Set realistic goals: we often realize that in trying to accomplish too much we set up ourselves to fail by setting goals which are too hard to achieve. The solution lies in being objective and breaking these down to smaller goals. For example instead of setting a goal to say delivering all projects on time and on budget, why not breaking it in to better scope and cost management which ultimately leads to project delays and cost overruns.
  7. Networking: Don’t hang out just with your colleagues in Project management discipline. There is a greater awareness about importance of project management and many influential people like to hear about project management. LinkedIn and other professional networking sites are great places to build these networks.
  8. Volunteer More: This is my personal favorite and the reason for that is that there are so many organizations who cannot afford a project manager due to financial constraint but believe me several of them offer much more challenging projects with great learning opportunities outside the top sectors such as IT and construction.

ProZen Global, Calgary
Project Staffing & Consulting Services
Access more resources at www.prozenglobal.com

5 Ways to Attract & Retain Employees

Hiring & Keeping the Best

Hiring & Retaining the Best

In today’s competitive business environment, quality of your human resources can be the difference between business success and failure. Here are few strategies to attract and keep your top performers engaged and motivated;

1.   Completive Pay Structure

Despite the notion that “money is not everything”, Money does play a critical role in attracting top talent. It is also true that the strongest candidates command the highest compensation. Off course, getting a hire to sign on dotted line is just the starting point. To protect your investment and avoid costly turnover related disruption, you will need to re-evaluate your compensation structure time to time.

2.   Candidates are customer

With changing dynamics and balance of power moving to employees, you as an employer will need to establish deeper relationships with your employees. Couple of ways to make it happen can be; 1) Differentiate yourself with company culture 2) Offer career development opportunities due to significant growth prospects 3) Foster transparency and accountability in employee dealings

3.   Consider transferrable skills

Due to the shortage of niche skills sets required by some industries, the traditional talent sources can quickly become saturated and dry. Many innovative companies look beyond from set requirements and seek for transferrable skills with core personality traits for better fit in the candidates.

4.   Look Outside

Too much dependence on internal promotion based approach to fill senior level roles may cause long term harm due assured automatic predisposition expectations within employees. Therefore to stay competitive, you should consider an equal opportunity policy for both internal prospects and external talent.

5.   Holistic compensation view

An industry aligned compensation package that keeps pace with inflation is a good start to keep your talent within your folds. Additional perks and benefits offered by employers e.g. paid vacations; flex work times for moms & developmental training for top performers are some other aspects highly valued by employees.

ProZen Consulting, Calgary
Project Staffing & Consulting Services
Access more resources at www.prozenglobal.com