Key Skills of a PM, and How do you develop them?

PM Key skills of a
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Introduction

Project management is critical in today’s fast-paced and complex business environment. A successful project manager can effectively plan, execute, and monitor projects to ensure they are completed on time, within budget, and meet the desired objectives. Being a proficient project manager requires a unique set of skills and abilities that go beyond simply having technical knowledge or expertise in a specific field.

In this article, we will explore the critical skills of a project manager and discuss how you can develop and enhance them. From leadership and communication skills to critical thinking and problem-solving abilities, project managers must possess diverse competencies to navigate project management challenges and uncertainties.

Whether new to project management or looking to advance your career, understanding, acquiring, and developing essential skills can significantly improve your effectiveness as a project manager. So, let’s dive in and discover the critical skills of a project manager and the strategies you can implement to cultivate them.

Essential Skills of a PM

Communication 

Project managers communicate often, from stakeholder meetings to project kick-offs. According to Cesar Abeid, the project manager for the Masses podcast presenter, project managers communicate for ninety percent of their working hours. Therefore, project managers must possess exceptional communication abilities to oversee projects through to completion successfully. 

Conversely, ineffective communication can result in inefficiencies and missed deadlines; a recent poll found that 28% of employees cited ineffective communication as the main reason for a project’s late delivery.

Project managers should focus on mastering effective communication to reduce risk. This entails having the confidence to contact individuals, build deep connections with colleagues, and communicate goals.

PMs can interact with their teams more effectively and better know the underlying risks and potential obstacles in a project if they can “speak the language” of the subject matter experts in their organization. A quick and effective way to start developing this skill set is to consider what you want to say and how you want to express it before speaking with someone.

Collaboration

The foundation of any project management ability is teamwork. Collaboration in project management facilitates faster and more effective task completion. Coordination between teams allows you to obtain essential project insights that may not be available within your team. Projects with several minds working on them are naturally more innovative and well-developed.

Participate in talks more often to enhance your ability to work with others. Use strategies like active listening to maintain your attention and engagement while others speak to you. Although it may seem easy, developing open communication, lowering barriers, and co-creation skills are essential for a cooperative team.

Management

Project managers require solid managerial abilities. They lead their team through a project’s lifespan, even if they have never managed a team.

To manage projects successfully, project managers must often possess intermediate technical skills, which usually require familiarity with many project management tools and software. These applications are widely used to manage resources, finances, and schedules and to plan, organize, and communicate with colleagues.

To effectively oversee a project to completion, project managers must also continuously adapt and learn to make the most of the newest technology available.

Our study of data from job listings indicates that the following are the most often required software skills for project managers:

  • Windows Office
  • Work using Excel
  • PowerPoint for Microsoft
  • Microsoft Outlook and Project
  • For Jira

Team management 

A project manager needs to be able to assemble a group of people and steer them in the same direction while coordinating their objectives with the organization’s objectives. Effective delegation of tasks, handling disagreements, performance evaluation, and coaching team members to enhance their abilities are all examples of team management skills.

Time Management

There are deadlines for every project, which means there are a lot of things that need to be done quickly. Throughout the project, project managers must be able to establish and stick to a timeline.

Leadership

Strong leadership abilities are essential when overseeing a group of people or a project. By providing your colleagues with appropriate coaching, direction, and motivation, you can contribute to the progress of a project and ensure a successful conclusion. Influential leaders also promote a positive work atmosphere by maintaining open lines of communication with their teams and assisting staff members in gaining critical project management skills.

Additionally, teams function more effectively when members believe they contribute significantly to the project. You may make team members feel essential by developing your ability to assign work, give constructive criticism, create goals, and assess individual and team performance. Make sure you acknowledge your team members’ accomplishments so they understand how much you appreciate what they have to offer. By fusing these components with your distinctive leadership style, you may become a more effective leader and handle projects skillfully.

Being in charge of a project also entails ongoing talks. A good project manager is frequently an adept negotiator who always keeps all parties involved satisfied and focused on the same objective.

Discussions about finances, scope creep, resources, and deadlines are inevitable and should be handled delicately to avoid antagonistic situations. Astute project managers know when and how to use persuasive strategies to promote solutions and prevent strained professional relationships.

Problem-Solving

Project managers may use several negotiating strategies, depending on the circumstances. Thus, they must be able to determine which will work best.

Iterative, cooperative problem-solving abilities enable you to approach and resolve problems. Having the “right” answer to every issue isn’t the goal of developing problem-solving skills; instead, those who excel in problem-solving approach challenges from several angles and systematically work towards a solution.

Use regular analyses or frameworks for data-driven decision-making to improve your problem-solving skills. For instance, you may do a competitive study to find out where you now stand in the market before attempting to address the problem of how to increase sales by 10% over your rivals. Next, apply that knowledge to address the issue of decreased sales. You may work with the sales team to create a fresh marketing plan.

Operations 

Managers and project managers have different duties and responsibilities, but they also share some tasks in common. Thus, project managers must have a solid understanding of operations for their initiatives to thrive.

There are two primary operations-related responsibilities that project managers should be aware of:

Changes in business operations: When significant changes are needed to certain aspects of business operations, project managers frequently have to oversee these modifications as projects before sending them to operations managers.

Final projects: Project and operations managers collaborate to ensure a project’s deliverability and maintenance strategy is in place after it closes.

Analytical reasoning

Similar to issue resolution, critical thinking lacks a definitive “solution.” You can’t “win” at critical thinking, but you can get better at solving situations analytically rather than emotionally. As Sherlock Holmes solves a mystery, competent critical thinkers practice dissecting the material before them and drawing their conclusions from the evidence.

Always take a step back and ask yourself, “How did I come to this conclusion?” to engage in critical thinking. Is there another possible response? Is there anything other than accurate facts influencing my decision? Making judgments based on our emotions is sometimes terrible; sometimes, our most fulfilling choices come from our passions. Using critical thinking to ensure you approach a topic from the correct angle might be helpful.

How to Acquire Key Skills for Project Management?

Don’t worry if you haven’t mastered every one of these abilities. These are abilities that can be learned, which is terrific news. This is how.

Always practice 

Learning these talents takes time, just like learning any new ability. If you manage projects for a living, you should know how to use these tools in your daily job. If you still need to begin a career in project management, look for chances to gain practical experience that will enable you to develop and hone your skills.

Participate in workshops and industry events

You can remain current on the newest project management trends and acquire best practices by participating in local and online events. For instance, every campus of Northeastern University, including the Boston and regional sites, has an affiliation with a local branch of the Project Management Institute. The university advises students to participate in these local chapters since you may add other knowledgeable project managers to your professional network and learn from them.

Assist Others

Watch for further ways to become active in the project management community. Joining professional associations may be an additional means of connecting with and learning from professionals in the field. One excellent alternative for Northeastern students who want to become involved is the NUPM, a project management student organization on the Boston campus of Northeastern University that will soon extend to the Seattle site.

Conclusion

The success of a project manager heavily relies on their mastery of critical skills that enable them to lead and manage projects effectively. These skills encompass many areas, including leadership, communication, problem-solving, and critical thinking. By developing and honing these skills, a project manager can enhance their ability to navigate the complexities of project management and deliver successful outcomes.

Furthermore, it is essential to recognize that acquiring these skills is ongoing. Project managers should continuously seek opportunities for growth and improvement, whether through formal training programs, mentoring relationships, or hands-on experience. By actively investing in personal and professional development, project managers can set themselves up for long-term career success.

Ultimately, project managers’ critical skills set them apart and enable them to effectively lead and deliver successful projects. By understanding these skills and actively working on developing them, project managers can position themselves as valuable assets in any organization and excel in their roles.

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