Role and Responsibilities
As a project manager you will need to:
- Follow a standard process, as defined by the Project Management Institute (PMI)
- Initiate the project - check feasibility and work out budgets, teams and resources
- Carry out planning - this will include setting goals and objectives, defining roles and producing schedules and timelines for tasks - in accordance with the needs of your client.Some tools, such as Gantt charts, can be used to create a visual project plan
- Select, lead and motivate your project team from both internal and external stakeholder organisations
- Manage the project - which includes coordinating the project team to keep them on track and keeping the project on budget
- Carry out monitoring and control activities in order to track the progress of the project
- Identify and manage risks to ensure delivery is on time
- Implement any necessary changes throughout the process
- Report regularly to management and the client
- Close the project - including evaluating successes and challenges to enhance learning for your next project
PMI - 5 phases
1.Conception and initiation
2.Planning
3.Execution
4.Performance/monitoring
5.Project close
KEY PERFORMANCE INDICATORS
- Return on investment - quantify project value and gauge an investments profitability
- Cost performance index - efficiently use project funds
- Schedule performance index - performance of executing a project schedule
- Resource management