BCG Bulletin

THE TRAINING EXPERTS

   
 
Professional Development Course Schedule
 
May 1
Avoiding Uncertainty: Effective Communication in the Workplace
May 4
Compelling your Audience: Effective Presentation Skills and Strategies
May 7
PMP Exam Training Camp - Day 1
May 8
PMP Exam Training Camp - Day 2
May 11
PMP Exam Training Camp - Day 3

May 15
PMP Exam Training Camp - Day 4

May 18
PMP Exam Training Camp - Day 5
May 22
Lead, and They Shall Follow: Effective Leadership in the Professional Environment
 
 
 
 

Why PMP Certification is Important
by Drew Hamlin, PMP

There are numerous certifications in the business world, and most fields have their own industry-specific credentials. Earning one usually results in kudos from your boss and additional initials after your name in your signature block. But the Project Management Professional® (PMP) certification is different. The PMP certification is the project management credential of choice for numerous industries and companies.

By earning the PMP certification, a project manager will be a member of the largest and most prestigious group of certified professionals in the global project management community.

It has quickly become the benchmark for project management expertise in the professional business environment. So why should you pursue earning the PMP? Here are several benefits of being a PMP-certified project manager:

  • Surveys indicate that, on average, project managers who are PMP-certified earn more than non-certified project managers;
  • The PMP exam is a highly-respected examination in the field of project management. Upon passing the exam, it is understood that your knowledge plus your experience sets you apart from the “average” project manager;
  • Surveys show that PMPs experience more frequent raises and promotion as compared to non-certified project managers;
  • PMPs are more desired by employers. Having the credential increases your marketability in the job market;
  • Organizations that have certified PMPs will have a greater chance of winning a contract that requests a PMP to manage a project. Being a PMP will also enable you to bid on contracts that require a PMP.

Becoming a certified Project Management Professional® demonstrates that you have passed one of the most rigorous certification examinations in the business world and have the appropriate education and professional experience to be an excellent project manager. Project managers all over the world agree: Earning the PMP certification has multiple positive results for an individual and for an organization!

 
 

Project Management Excellence Demands Much More - Beyond Colorful Status Reports
by Amy Nutt

Project management excellence goes beyond producing project charters, detailed schedules and colorful status reports. Today's project managers must acquire the skills necessary to combat a myriad of modern challenges. Factors such as downsizing, merger mania, restricted finances, an accelerated business pace, a multidisciplinary world, rising competition and seemingly ceaseless change, acting singly and in concert, demand much more.

Learning to manage time, costs, quality, scope, risks and other traditional practices is a vital foundation of good project management. However, to achieve excellence and smoother-sailing successes, there's a dozen other competencies you need:

1. Negotiation - Negotiation is a vital part of every project manager's existence ... often moment by moment. Whether you're dealing with suppliers, managing employees or contractors, you're negotiating. The quality and success of your project can be directly affected by your ability (or inability) to negotiate.

2. Marketing - Project marketing methods sustain your project against competing against swarms of other initiatives that jostle for higher priorities, management's attention and valuable resources.

3. Selling - Project managers reluctant to sell may soon find their projects failing. You can never stop selling yourself and your project.

4. Customer Service - Without customers, we'd all be hanging a "for sale" sign on our careers. With good customer service, project managers keep customers happy, satisfied and loyal.

5. Boss Management - Wise project managers engage good boss management strategies. Boss support, guidance, mentoring and influence will be your reward. After all, bosses are human beings with special roles and authority, as well as the requisite levels of human weaknesses, problems and pressures.

6. Nurturing Staff - Hiring the perfect person is not a job that ends with a handshake or a signature on the dotted line. The selection represents but the first step in nurturing your staff.

7. Accounting - Your project inevitably entangles itself with accounting. It needs to account for consuming financial, staff and equipment resources while understanding how project results contribute to the interrelated components of financial statements such as bottom-line profits, revenue generation, expense reduction and increased cash flows.

8. Ethics - Ethical dilemmas are often most severe in projects on tight time and money budgets. Yet, properly applied, ethics fuel and support the vital element of trust with team members, clients, suppliers and other stakeholders.

9. Culture - Organizational culture consists of shared beliefs and values which produce norms for your team's behavior. You are responsible for your project's culture. You need to understand the nature of that culture, how it is created, and how it can be changed to fuel high performance.

10. Stress Management - Shouldering the pressures of entrepreneurial fast-paced initiatives can send stress levels to dangerous heights. High blood pressure, insomnia and chronic fatigue insidiously affect project managers and staff. Although there is no "magic bullet" for every situation, learning to manage stress is the answer.

11. Innovation - Creativity and innovation are magic wands. They endow projects with enhanced performance and success by allowing the team to eliminate obstacles and hurdle barriers.

12. Managing Change - These days, change pounds on corporate doors with disturbing regularity. Disregard for its realities, provokes troublesome and costly consequences. Fostering change to initiate and maintain worthy initiatives, is an art and science.

Shakespeare's insight "we know what we are, but know not what we may be" eloquently endorses the potential for you to enrich your project management excellence. Empower yourself with the right skills. Cultivate high performance. Delight in the results.

Resource and Reference:
Harry Mingail strives to address the specific needs for an individuals Professional Development Making a positive difference for each and every seminar participant and applying the most current adult learning techniques.

Article Source: http://EzineArticles.com/?expert=Amy_Nutt

 
   

Project Manager: Roles and Skills
By Bharat Bista

Generally, the project manager is responsible for the overall accomplishment of the project, and accountable for ensuring objectives of the project's assignment.

The foremost responsibility of the project manager is the very project itself.

The person who takes this ultimate responsibility and guarantees for the desired result to be achieved on time, and within budget is the Project Manager. And his job is to coordinate a project from initiation to completion; using maximum utilization of project management tools, techniques, experience, creativity, and management skills, to reach the predetermined objectives.

 

In a project as a Role his "Leadership quality" and as a Skill his "Management excellence" is accredited. The role a project manager performs is in many ways similar to those performed by other operation managers; however there are some important differences; as Project managers have a wide range of backgrounds and experience levels and are often "generalists" differentiating themselves from an operational type role to one whom specialized in the respective areas of management. In addition, project managers play specific roles to facilitate the project team rather than supervising them.

Role of the Project Manager:

As a role, project managers must satisfy these sets of needs:

Task Needs + Team Needs + Individual Needs

The project manager role; he should meet his "Task Needs" as follows;

  1. Attaining team objectives
  2. Planning work
  3. Allocating resources
  4. Defining tasks
  5. Assigning responsibility
  6. Controlling and monitoring quality
  7. Scrutinizing progress
  8. Checking performance

The project manager role; he should meet his "Team Needs" as follows:

  1. Appointing secondary leaders
  2. Building and upholding team sprit
  3. Setting standards and maintaining regulation
  4. Training the team
  5. Setting up systems to facilitate communication with the team
  6. Developing work methods to craft team function cohesiveness

The project manager role; he should meet his "Individual Needs" as follows:

  1. Developing the individual
  2. Balancing team needs and task needs
  3. Balancing team needs and individual needs
  4. Performance appreciation and rewards
  5. Helping with other team members personal problems

Skills for Project Manager:

Furthermore, in order for an effective project manager, he needs the following core skills;

  1. Leadership skill to arouse action, progress, and change.
  2. Contractual skills to organize subcontractors.
  3. Legal knowledge.
  4. Evaluation of alternatives and ability for decision making.
  5. Planning and controlling for necessary counteractive measures.
  6. Financial familiarity for budget risk management.
  7. High communication skills.
  8. Negotiating abilities.
  9. People management to motivate them towards the project goal.
  10. System designing and maintenance.

Overall, a project manager has responsibilities from the beginning of project initiation, planning, controlling, and executing to both management and to the project team. A project manager must steer his project towards the bigger picture and be responsible for the job, a project manager must be experienced, committed, dependable and flexible, as his position remains in the nucleus of the system and success and failure centralizes on the project manager's shoulders.

Resource and Reference:
Surrex Project Management is a premier provider of project management strategies and solutions specializing in IT services for mid-size and Fortune 500 companies, with timely, reliable, high quality Project Management Solutions and Project Management Tools.

Article Source: http://EzineArticles.com/?expert=Bharat_Bista

 
BCG now offers PMP® certification exam classes. Sign up now for our five-day PMP Exam Training Camp to be offered on May 7, 8, 11, 15, and 18.
 
 
 
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