Project Management Chapters 1-3 PDF
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Ar Mark Antony Llanes
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This document details different types of project management and categorizations, including project sizes, strategic importance, risk, and resource allocation. It explores various project management methodologies like agile and waterfall, showcasing different classifications and criteria.
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PROJECT MANAGEMENT QUARTER 1 5. By Project Size AR MARK ANTONY LLANES / COURSE INSTRUCTOR Small Projects: Typically have a short duration, limited scope, and fewer...
PROJECT MANAGEMENT QUARTER 1 5. By Project Size AR MARK ANTONY LLANES / COURSE INSTRUCTOR Small Projects: Typically have a short duration, limited scope, and fewer resources. Chapter 1 Medium Projects: Require more resources and time, often involving multiple teams or departments. Project Management in Today's Time Large Projects: Extensive in scope, involving significant resources, Project management has evolved significantly, especially with the rapid advancements numerous stakeholders, and complex coordination. in technology and shifts in work culture. Project management today is about balancing 6. By Strategic Importance traditional practices with new methodologies, leveraging technology, and focusing on outcomes and value delivery while adapting to the changing work environment. Here Strategic Projects: Directly align with and support an organization's are some key aspects of modern project management: long-term strategic goals. Operational Projects: Focus on improving or maintaining ongoing 1. Agile and Hybrid Methodologies operations rather than driving strategic change. 2. Technology Integration Compliance Projects: Aim to meet regulatory requirements or industry 3. Remote and Distributed Teams standards. virtual collaboration hi 4. Emphasis on Soft Skills 7. By Risk and Uncertainty leadership & collaboration emotional intelligence Low-Risk Projects: Have well-understood requirements and predictable 5. Focus on Outcomes and Value outcomes. value delivery High-Risk Projects: Involve significant uncertainties, requiring more customer centric approach robust risk management strategies. (need help from allies) 6. Risk Management and Resilience 8. By Stakeholder Involvement proactive risk management resilience Internal Projects: Managed and executed within the organization, 7. Sustainability and Ethics focusing on internal processes or improvements. (kayang isolve internally) dapat pati ang tao din External Projects: Involve collaboration with external parties such as ex. ask kung may ibang kausap si client clients, vendors, or partners. 8. Data-Driven Decision Making decide from experience 9. By Project Outcome (gagawa ka nalang galingan mo na) 9. Continuous Learning and Adaptation Outcome-Based Projects: Aim to deliver specific results or benefits, attend seminars often measured by performance metrics. Classification of a Project Output-Based Projects: Focus on producing a tangible deliverable, such Projects can be classified in various ways based on different criteria. as a report or product. 1. By Type of Project 10. By Resource Allocation Construction Projects: Involves building structures or infrastructure, Fixed-Resource Projects: Operate with a defined budget and resource such as bridges, roads, or buildings. allocation, with limited flexibility. (contractor) IT Projects: Focuses on software development, IT systems Variable-Resource Projects: Allow for adjustments in resources and implementation, or technological upgrades. (focused on softwares) budget based on evolving needs or conditions. (additional, pede baguhin) Research and Development Projects: Aimed at creating new Project Life Cycle knowledge, products, or technologies. (articles) Event Projects: Centers around planning and executing events, such as The Project Life Cycle (PLC) is a structured approach to managing a project from its conferences, weddings, or concerts. inception to completion. It typically consists of several phases, each with specific Product Development Projects: Involves the creation and launch of deliverables and processes. While different methodologies may have variations, the PLC new products or services. generally includes the following key phases: 2. By Industry or Sector 1. Initiation - Define and authorize the project. (feasibility study) 2. Planning - Develop a detailed plan to guide project execution. (resourced Public Sector Projects: Initiatives funded and managed by government plan) entities, such as public infrastructure or social programs. 3. Execution - Implement the project plan and produce project deliverables. Private Sector Projects: Undertaken by private companies for business 4. Monitoring and Controlling Track, review, and regulate the progress purposes, including product launches or operational improvements. and performance of the project. (manage risk) Nonprofit Sector Projects: Focused on charitable activities, community 5. Closing - Finalize and close the project. (okay na basta di ka services, or advocacy efforts. abunado)(-turn over-punch listing-documentation-as built plan) 3. By Complexity Project Management Methodologies Simple Projects: Projects with straightforward objectives, minimal Different project management methodologies may have variations on these phases: stakeholders, and well- defined processes. Complex Projects: Involve multiple stakeholders, high uncertainty, and Concept Phase (pre-initiating): In some frameworks, this phase precedes intricate interdependencies, requiring sophisticated management initiation and focuses on exploring ideas and defining the project's value approaches. proposition. Implementation Phase: In certain methodologies, this phase might be 4. By Project Life Cycle combined with execution but can be distinct in some frameworks, focusing Waterfall Projects: Follow a linear, sequential approach where each specifically on the implementation of technical solutions or products. phase must be completed before the next begins. (phase by phase, di Waterfall: Emphasizes a linear progression through the phases. pwedeng mag skip ng phase) Agile: Uses iterative cycles (sprints) and may integrate planning, Agile Projects: Emphasize iterative development, frequent reassessment, execution, and monitoring into continuous loops. and flexibility to adapt to changes. (modern approach) PRINCE2: Focuses on dividing the project into manageable stages with Iterative Projects: Involve repeating cycles of planning, execution, and specific processes for each stage. evaluation to refine outcomes progressively. Project Attributes Why Project Management? Project attributes are the defining characteristics and elements that help in Project management is essential for several reasons, each contributing to the understanding. managing, and evaluating a project. Here's a detailed look at the key successful completion of projects and the achievement of organizational goals. Here's attributes commonly associated with projects: why project management is crucial: 1. Objectives - The specific goals and outcomes that the project aims to Clarity and Organization: Provides a structured framework for planning, achieve. (*dapat hindi to mawala) executing, and closing projects, ensuring that tasks are completed in an 2. Scope - The boundaries of the project, including what is included and organized manner. (dapat clear) excluded. (project deliverables) Focus on Objectives: Helps in clearly defining project goals and 3. Stakeholders - Individuals or groups with an interest in or impact on the objectives, ensuring that efforts are aligned with the desired outcomes. project. (involve sa project) (exceed expectation) 4. Resources - Assets required to complete the project. Efficient Utilization: Ensures optimal use of resources (human, financial, (HR,financial,physical) and physical) by planning and tracking their allocation and utilization. 5. Schedule -The timeline for project activities and deliverables. (ibat iba, (avoid waste) hindi pwedeng ang sched for other proj ay gamitin sa sunod na proj) Proactive Identification: Identifies potential risks early and develops 6. Budget - The financial plan outlining the estimated costs and strategies to mitigate or manage them. (problem solving) expenditures. (cost estimate, funding sources, cost control) Cost Management: Helps in estimating, budgeting, and controlling costs 7. Risk Potential events or conditions that could affect the project's success. to keep the project within the financial limits. (avoid cost overuse) (mitigate) Scheduling: Develops a detailed project schedule with timelines and 8. Quality - The standards and criteria that the project deliverables must milestones to ensure timely completion. meet. (quality assurance) Engagement and Communication: Ensures effective communication 9. Constraints - Limitations or restrictions that affect the project. with stakeholders and addresses their needs and expectations. (time to (time,budget,resource limitation,regulatory requirements) time communication) 10. Assumptions - Conditions presumed to be true for planning purposes. Standards and Specifications: Establishes quality standards and 11. Deliverables - Tangible or intangible outcomes produced as a result of ensures that deliverables meet these standards through quality control project activities. processes. (attach specifications) 12. Communication - The process of exchanging information among Adaptability: Manages changes to the project scope, schedule, or stakeholders. (plans,channel,reporting) resources through structured change control processes. (learn to adopt) 13. Governance - The framework for decision-making, authority, and Documentation: Captures lessons learned and best practices throughout accountability. (matutong mapasunod pero wag masyadong mataray) the project lifecycle for future reference. (document everything) 14. Project Lifecycle - The stages through which a project progresses from Informed Choices: Provides data and insights to support initiation to closure. decision-making, enabling better choices and adjustments during the 15. Project Management Methodology - The approach or framework used project. (learn to listen) to manage and execute the project. (ex. waterfall,agile) Collaboration: Enhances team collaboration and communication through 16. Performance Metrics - Measures used to evaluate the success and clear roles, responsibilities, and processes. (work as a team, sayo efficiency of the project. nakasalalay lahat) 17. Change Management The process of managing changes to the project Business Goals: Ensures that the project aligns with the organization's scope, schedule, or resources. (change control, procedure impact strategic objectives and contributes to its overall success. (wag mawawala analysis,solution) objectives mo) Primary Goals of a Project Chapter 2 The primary goals of a project typically revolve around delivering value and achieving Strategic Management and Project Selection specific outcomes that align with the project's objectives and stakeholders' needs. Here are the key primary goals of a project: Strategic Management involves defining the organization's long-term vision, mission, and objectives and developing plans to achieve them. It encompasses setting goals, 1. Achieve Project Objectives - Meet the specific goals and targets set for formulating strategies, implementing plans, and evaluating performance. the project. 2. Deliver Quality Results - Ensure that the project's deliverables meet Components of Strategic Management: predefined quality standards and requirements. 1. Vision and Mission Statements – defines what the organization aims to 3. Complete on Time - Finish the project within the agreed-upon schedule. become in the future. (meeting the deadline) 2. Strategic Objectives - specific and measurable goals 4. Stay Within Budget - Deliver the project within the allocated financial 3. SWOT Analysis resources. (basta yung budget lang ang gagastusin) S – internal capabilities that provide advantage. 5. Manage Stakeholder Expectations- Address and satisfy the needs and W – internal factors that may hinder success expectations of stakeholders. O – external factors that could be leveraged 6. Mitigate Risks - Identify, assess, and manage potential risks to minimize T – external challenges that could impact success their impact on the project. (risk mitigation strategies) 4. Strategy Formulation 7. Ensure Resource Optimization - Utilize project resources efficiently 5. Strategy Implementation and effectively. 6. Performance Monitoring and Evaluation 8. Promote Team Collaboration and Morale - Foster a collaborative work environment and maintain high team morale. (effective framework, Project Selection communication) 9. Achieve Strategic Alignment - Ensure the project supports the Project Selection is the process of evaluating and choosing projects that align with the organization's strategic goals and objectives. (dapat align ka parin sa goal) organization's strategic objectives and provide the greatest value. This ensures that 10. Deliver Value - Provide benefits and value to stakeholders and the resources are invested in projects that support long-term goals. organization. (quality) Steps in Project Selection: 11. Compliance and Legal Adherence Ensure that the project adheres to legal, regulatory, and industry standards. (u should comply) 1. Alignment with Strategic Goals - assess how well the project aligns 12. Document Lessons Learned - Capture and document insights and with the organization's strategic objectives and priorities experiences from the project. 2. Benefit Analysis 13. Facilitate Knowledge Transfer - Ensure that knowledge and expertise Financial gains gained during the project are shared and utilized. (ex. yung may tinuruan) Market Position Strategic Advantages 4. Risk Reduction - Effective risk management practices reduce the likelihood and 3. Feasibility Study impact of project risks. technical financial 5. Increased Organizational Agility - Mature organizations can adapt more easily to operational aspects changes and new opportunities 4. Cost-Benefit Analysis - compare projects cost within expected benefits 6. Continuous Improvement - Higher maturity levels support a culture of and most important is ROI continuous improvement and learning. 5. Risk Assessment - identify potential risk associated with the project and impact on the organization Achieving higher levels of project management maturity requires a commitment to 6. Resource Availability - evaluate the availability of necessary resources: developing and refining processes, investing in training and tools, and fostering a Budget culture of continuous improvement. Organizations that invest in enhancing their Personel project management maturity are better positioned to achieve their strategic Technology objectives and deliver successful projects consistently. 7. Prioritization - learn how to prioritize a project 8. Decision-Making - make informed decisions on which projects to Project Selection Models undertake based on the analysis. Project Selection Models are frameworks used to evaluate and prioritize projects to Relationship Between Strategic Management and Project Selection ensure that an organization Invests its resources in initiatives that align with its strategic goals and provide the most value. These models help organizations make 1. Alignment - wag na kunin kung di naman align sa objectives Informed decisions about which projects to pursue based on various criteria such as 2. Resource Allocation - this will ensure that resources are allocated for strategic fit, potential benefits, and feasibility. projects but offers the greatest strategic benefit framework 3. Value Creation - gagawa ka nalang din galigan mo na Here are some commonly used project selection models: 4. Performance Monitoring - evaluating the performance of projects 1. Cost-Benefit Analysis (CBA) - A quantitative method that compares the costs of a 5. Risk Management - strategic and project management both involve project against Its expected benefits. (estimate the expected financial gains) assessing and managing the risk. 2. Net Present Value (NPV) A financial metric that calculates the value of a project SUMMARY: based on its expected cash flows, discounted to present value. (receivables and Strategic management provides the direction and framework within which project deliverables) selection operates. 3. Internal Rate of Return (IRR) - A financial metric that calculates the discount Effective project selection ensures that the projects undertaken are close that will best rate at which the net present value of a project's cash flows equals zero. (di pwedeng support the organization's objectives and deliver maximum value. mas malaki outbound sa inbound) Project Management Maturity 4. Payback Period - The time required to recover the initial investment from the project's cash flows. (ROI) Project Management Maturity refers to the level of sophistication and capability an organization has in managing projects effectively. It represents how well an 5. Weighted Scoring Model - A qualitative method that assigns scores to projects organization has developed Its project management processes, practices, and systems based on multiple criteria and weights their importance. (factors such as strategic over time. Higher maturity levels indicate a more advanced and refined approach to alignments, risk, cost, benefits) project management. 6. Analytic Hierarchy Process (AHP) - A structured technique for organizing and How to Determine an Organization has Project Management Maturity analyzing complex decisions based on mathematics and psychology. (breakdown decision criteria, how to select projects) 1. Process Definition and Standardization - process are documented 2. Project Management Practices - quality of planning processes: 7. Portfolio Management Model A strategic approach to managing a collection of Scope projects to ensure alignment with organizational goals and optimal resource allocation. Definition (dapat marunong mag ranking sa portfolio management model) Scheduling 8. Risk-Adjusted Return on Investment (RAROI) A method that evaluates projects Budgeting based on the expected return adjusted for the level of risk. (projected financial gains 3. Organizational Support - established from decision making over sighted but there's also risk) accountability. 4. Performance Measurement - benchmarking, you should compare 9. Balanced Scorecard - A strategic management tool that measures a project's project performance against industry standards or best practices. performance from multiple perspectives, including financial, customer, internal processes, and learning and growth. Maturity Models 10. Economic Value Added (EVA) A financial performance measure that calculates Several maturity models help organizations assess and improve their project the value created above the required return on invested capital. (total investment management maturity. Some well-known models include: acquired. Profit generated by the project) Capability Maturity Model Integration (CMMI) - process are project specific (san Project Portfolio Management (PPM) ako nagkakaroon ng lapses) Project Management Maturity Model (PMMM) - informal project management Project Portfolio Management (PPM) is a strategic approach to managing and practices (use basic project practices) prioritizing a collection of projects and programs to achieve an organization's strategic Organizational Project Management Maturity Model (OPM3) - process is objectives and maximize value. PPM ensures that an organization's projects align with standard but not consistently applied. (measure what lapses) its overall strategy, optimize resource allocation, and deliver the greatest possible benefits. (rank and select projects based on criteria) Benefits of Achieving Higher Maturity Levels A Business Project Proposal: The Technical Approach 1. Improved Project Outcomes - Higher maturity levels lead to better planning, execution, and control, resulting in more successful projects. Business Project Proposal is a document that outlines the plan for a project, including objectives, scope, and technical approach. The Technical Approach section of 2. Enhanced Efficiency and Effectiveness - Standardized and optimized processes a proposal details how the project will be executed from a technical perspective, improve resource utilization and reduce Inefficiencies. explaining the methods, tools, technologies, and processes that will be used to achieve 3. Greater Stakeholder Satisfaction - Well-managed projects meet or exceed the project's goals. stakeholder expectations, leading to Increased satisfaction. 1. introduction 5. Detail-Oriented - Attention to detail in project planning, execution, and monitoring 2. Methodology to ensure accuracy and completeness. 3. Technical Solution 4. Development and Implementation Tools and Techniques Used by Project Managers 5. Technical Requirements 1. Project Management Software - Tools like Microsoft Project, Asana, 6. Risk Management Trello, or Jira for planning, scheduling, and tracking project activities. 7. Resource Requirements 2. Gantt Charts - Visual representation of the project schedule, showing 8. Timelines and Deliverables tasks, timelines, and dependencies. 9. Maintenance and Support 3. Work Breakdown Structure (WBS) - A hierarchical decomposition of 10. Compliance and standard the total scope of work to accomplish the project objectives. 4. Critical Path Method (CPM) - A technique for identifying the longest Chapter 3 path of tasks that determines the project duration and helps in scheduling. The Project Manager 5. Risk Management Tools - Methods or techniques for Identifying, assessing, and mitigating project risks, such as risk registers and risk The Project Manager (PM) plays a crucial role in ensuring the success of a project. This assessment matrices. role encompasses a range of responsibilities and skills necessary for planning, 6. Communication Platforms - Tools like Slack, Microsoft Teams, or Zoom executing, monitoring, and closing projects effectively. Below is a comprehensive for effective team - communication and collaboration. overview of the Project Manager's role, responsibilities, skills, and qualities. The Career of a Project Manager Role and Responsibilities of a Project Manager: A career in project management can be both rewarding and dynamic, offering 1. Project Planning opportunities across various industries and sectors. As organizations increasingly rely - Develop a clear and detailed project scope statement that on projects to achieve strategic objectives and drive growth, skilled project managers outlines project objectives, deliverables, and boundaries. are in high demand. Here's a comprehensive look at the career path of a project 2. Execution and Coordination manager, including potential roles, career progression, skills required, and industry - Lead and motivate the project team, ensuring that team opportunities. members are working towards project goals. 3. Monitoring and Control Career Path of a Project Manager - Monitor project progress against the project plan and 1. Entry-Level Roles schedule, making adjustments as necessary. 4. Problem Solving Project Coordinator/Assistant: Provides support to project managers - Identify and resolve issues that arise during the project, by assisting with scheduling, documentation, and communication. Focuses ensuring minimal disruption to project on organizing project activities and ensuring that deadlines are met. Junior Project Manager: Manages smaller projects or assists senior 5. Closing and Evaluation project managers with larger projects. Gains experience in project - Oversee the formal closure of the project, including final planning, execution, and monitoring. deliverables,documentation, and handover. 2. Mid-Level Roles Skills Required for a Project Manager Project Manager: Oversees and manages full-scale projects, including 1. Leadership Skills - Ability to inspire and motivate the project team, fostering a planning, executing, and closing projects. Coordinates teams, manages collaborative and productive work environment. budgets, and ensures that project goals are met. 2. Communication Skills - Proficiency in both verbal and written communication, Program Manager: Manages multiple related projects, known as enabling effective interaction with stakeholders, team members, and clients. programs, to achieve broader organizational goals. Focuses on strategic alignment and resource coordination across projects. 3. Organizational Skills - Strong organizational abilities to manage multiple tasks, prioritize effectively, and maintain project schedules and budgets. 3. Senior-Level Roles 4. Problem-Solving Skills - Aptitude for identifying problems, analyzing potential Senior Project Manager: Leads larger, more complex projects and may solutions, and making decisions to resolve issues effectively. oversee multiple projects simultaneously. Handles high-stakes decision-making and advanced problem- solving. 5. Time Management - Ability to manage time efficiently, balancing competing Portfolio Manager: Manages a portfolio of projects and programs, priorities and ensuring that deadlines are met. ensuring alignment with organizational strategy and maximizing value. Focuses on resource allocation and balancing project priorities. 6. Negotiation Skills - Skill in negotiating with stakeholders, vendors, and team members to achieve project objectives and resolve conflicts. 4. Executive-Level Roles 7. Technical Expertise - Knowledge of project management tools, techniques, and Director of Project Management: Oversees the project management methodologies, as well as technical understanding relevant to the project. function within an organization. Develops and Implements project management strategies, standards, and practices. 8. Risk Management - Proficiency in identifying, assessing, and managing risks to Chief Project Officer (CPO): A senior executive responsible for the overall minimize their impact on the project. project management strategy across the organization. Ensures that project Qualities of an Effective Project Manager management practices align with corporate objectives and drive business success. 1. Visionary Thinking - Ability to see the big picture and understand how individual project components fit into the overall organizational strategy. Functional Manager vs. Project Manager 2. Adaptability - Flexibility to adjust plans and strategies in response to changes in Understanding the differences between a Functional Manager and a Project Manager is the project environment or requirements. crucial for grasping how organizations structure their management roles and how these roles interact with each other. Here's a detailed comparison of the two: 3. Empathy - Understanding and addressing the needs and concerns of team members and stakeholders, fostering a supportive work environment. Functional Manager Role and Responsibilities: Department Oversight: Manages a specific functional area or 4. Integrity - Commitment to ethical practices and transparency, building trust and department within the organization (e.g., HR, Finance, Marketing, IT). credibility with team members and stakeholders. Operational Management: Responsible for the day-to-day operations - Define Project Scope: Develop a clear and detailed scope statement that outlines the within their functional area, including resource management, process project's objectives, deliverables, boundaries, and key requirements. improvement, and performance monitoring. Team Management: Supervises and develops employees within their 2. Team Management functional area, including hiring, training, and performance evaluations. Assemble Project Team: Identify and recruit the necessary team members Budget Management: Oversees the budget for their department, with the required skills and expertise to execute the project. ensuring financial resources are allocated effectively and expenditures are controlled. 3. Resource Management Policy Implementation: Implements and enforces organizational policies and procedures within their functional area. Allocate Resources: Efficiently allocate and manage resources, including human resources, materials, and equipment, to ensure the project is Focus: adequately supported. Project-Specific Goals: Concentrates on achieving specific project 4. Risk Management objectives and delivering outcomes within the defined project constraints. Short to Medium-Term Goals: Focuses on the successful completion of Identify Risks: Identify potential risks and issues that could impact the projects, which may have a duration of weeks, months, or years. project's success. Differences: 5. Project Execution 1. Scope of Work Coordinate Activities: Oversee and coordinate project activities to ensure that tasks are completed according to the project plan and schedule. Functional Manager: Manages a broad range of ongoing activities within a functional area, focusing on operational efficiency and departmental goals. 6. Communication Project Manager: Manages specific projects with defined objectives and Stakeholder Communication: Communicate regularly with stakeholders to timelines, focusing on delivering project outcomes. provide updates on project progress, changes, and issues. Ensure that 2. Time Horizon stakeholder expectations are managed and addressed. Functional Manager: Generally has a long-term focus on continuous 7. Problem-Solving improvement and achieving departmental objectives. Identify Issues: Recognize and address issues that arise during the project Project Manager: Operates within a defined timeframe, concentrating on lifecycle. the successful completion of individual projects. 8. Compliance and Documentation 3. Responsibility Ensure Compliance: Ensure that the project complies with organizational Functional Manager: Responsible for the overall performance of their policies, Industry regulations, and legal requirements. department, including its operations, staff, and budget. Project Manager: Responsible for the successful delivery of a project, 9. Stakeholder Management including managing project scope, schedule, and resources. Engage Stakeholders: Identify and engage all relevant stakeholders, 4. Resource Management including clients, team members, and external partners. Functional Manager: Allocates resources within their department and 10. Project Closure manages ongoing operational needs. Project Manager: Manages resources specifically for the duration of the Complete Deliverables: Ensure that all project deliverables are completed, project, including temporary team members and project-specific assets. reviewed, and accepted by stakeholders. 5. Focus Areas 11. Continuous Improvement (learn from experience) Functional Manager: Focuses on optimizing departmental processes, Learn from Experience: Analyze project performance to identify strengths developing staff, and aligning departmental goals with organizational and areas for improvement. Document lessons learned and apply Insights strategy. to future projects. Project Manager: Focuses on achieving project-specific goals, managing 12. Strategic Alignment project risks, and delivering project results. Align with Organizational Goals: Ensure that the project aligns with the Interaction and Collaboration organization's strategic objectives and contributes to its overall success. Functional Managers may provide resources, expertise, and support to Important characteristics of an Effective Project Team Member Project Managers. They ensure that their functional teams are available and properly aligned with project needs An effective project team member is vital to the success of any project. They Project Managers rely on Functional Managers to supply the necessary contribute to achieving project goals by demonstrating a range of characteristics that resources and expertise for project execution. Effective collaboration enhance team dynamics and project outcomes. Here are the important characteristics between the two roles ensures that both operational and project-specific of an effective project team member: goals are met. 1. Communication Skills 9. Interpersonal Skills Understanding these distinctions helps in defining clear roles, responsibilities, and 2. Collaboration and Teamwork 10. Accountability and Integrity expectations within an organization, facilitating better coordination and achieving both 3. Reliability and Accountability 11. Initiative and Proactivity operational and project-based objectives. 4. Problem-Solving Skills 12. Flexibility in Roles Responsibilities of a PM 5. Adaptability and Flexibility 13. Commitment to Quality 6. Technical Competence 14. Collaboration with The responsibilities of a Project Manager (PM) are multifaceted and crucial for the 7. Positive Attitude and Stakeholders successful completion of projects. They encompass planning, execution, monitoring, Enthusiasm and closure of projects while ensuring alignment with organizational goals and 8. Organization and Time stakeholder expectations. Here's a detailed breakdown of the key responsibilities of a Management Project Manager: 1. Project Planning