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10 Core Project Management Skills and Best Project Leadership Skills

Rahul Shukla by Rahul Shukla
July 14, 2020
in FinTech
Core Project management skills
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Project management is not an easy job to perform. In fact, the ones dealing with project management, especially the project managers, require a number of best project management skills. These skills include both technical as well as soft skills, aiding the project managers in achieving their set goals. Although there are several core project management skills that manager must-have, the most important ones are listed below.

Here are Following the Best Project Management Skills

1.Project Leadership Skills

To achieve a goal, a team needs a wise leader, and a wise leader must have strong project leadership skills. With this skill, the project lead helps direct the team’s cruise towards the goal with ease.

Moreover, a project manager with excellent leadership not only manages and inspires his team to work hard with full zest but also sails the project to successful completion.

2. Communication Skills

The importance of communication for a project leader can never be undermined. It is a critica project management skill without which you can never become an able project manager.

A project manager with excellent communication can effectively impart instructions to his team and engage with the project stakeholders.

Lessor weak interaction with the team can throw it into ultimate chaos and mismanagement, followed by a delay in project completion.

3. Scheduling

To achieve a project in due time,  project managers must be adept at scheduling projects. Furthermore, they must know how to efficiently break the project into manageable tasks and assign them to their team according to their expertise.

As a result of this scheduling, the project leader can achieve timely project completion with the available resources.

4.Risk Management

No matter what type a project is of, there are several risk factors involved. Not taking the severity of these risks may land the project in grave trouble. Thus, risk management is another essential project management skill that a project manager must possess.

 A project manager must oversee any factors that may hamper the project’s progress during its lifecycle. These risk factors must be carefully identified, assessed, and appropriate counter back strategies must be devised before the project execution.

 Besides, some unexpected issues may also arise; therefore, the project leader must be able to handle them with dexterity.

5. Cost Management Skill

A project is rendered lifeless without capital. Money is needed for every aspect of a project. To meet the project’s financial needs timely without running out of money, a project leader  must design a budget plan with immense sagacity.

The job is not an easy one to do since the project may have financial constraints, and the manager should have good know-how to work with a tight budget.

Therefore, it won’t be incorrect to regard cost management as a critical skill required for best project management.

6.Negotiating

The skill of negotiation holds immense significance for a project manager. It is quite common to witness situations in which the project managers need to bring different people with different opinions to a single page.

 This is only possible through the skill of negotiation. He must know how to resolve conflicts that may occur within the team members as well as haggle to get the lowest price possible.

7. Critical Thinking

Project managers require excellent critical thinking to evaluate and analyze every aspect of the project keenly. Moreover, this essential skill required for project management enables project managers to make conscientious decisions, taking into account all its pros and cons before execution.

8.Task Management

One of the fundamental skills required by a project leader  is task management. To direct the cruise of the project in the rightmost direction, a project manager must know how to assign and manage the tasks with the available resources.

Slightest mismanagement or mistake may lead the project to the ditch of failure.

Therefore, a project manager must be extremely vigilant, making sure that all deliverables are received timely.

9. Quality Management

The goal of a manager in project management is not only to complete a project successfully but also to ensure its high quality.

Thus, quality management is another skill that becomes extremely important for a project manager to possess. A project manager must oversee the ongoing activities and ensure that they meet the highest level of quality.

10. Patience

It is said that patience is the key to success. Getting easily frustrated during the project may land the project as well as the project manager in deep trouble.

Thus, instead of rushing in the project and making mistakes, a project leader must know how to calmly run the project, dealing with the problems that occur patiently.

Tags: Core Project ManagementProject Leadership SkillsProject Management
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Rahul Shukla

Rahul Shukla

I am working on Giz Tech Media. I am CEO of Giz Tech Media and will provide readers unique blogs and news about the latest technology industry. I am serving the people's latest Tech News, Reviews and Gadgets.

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