Photo from here.As days and months go by, as progression starts to call it quit, and as I begin to wonder what else can be done, questions start to pop one by one in my head. The moment I ask questions, of which I seldom do, it means I'm rather perplexed.
So, as an effort of self-analyzing and self-reviewing, I read up about being a project manager and found an informative article, as below:
PROJECT/PRACTICE RELATED COMPETENCIES
Project /Practice Management
* Creates and executes project work plans and revises as appropriate to meet changing needs and requirements.* Acts as coordinator to facilitate smooth communication between various internal teams and review project deliverables before passing to client.
* Provides continuous system support and technical expertise to on-going projects.
* Provides operational process analysis to fulfill customer requirements.
* Identifies resources needed and assigns individual responsibilities.
* Manages day-to-day operational aspects of a project and scope.
* Effectively applies methodology and enforces project standards.
* Prepares for engagement reviews and quality assurance procedures.
* Minimizes exposure and risk on project.
* Ensures project documents are complete, current, and stored appropriately.
Project Accounting
* Tracks and reports team hours and expenses on a weekly basis.
* Manages project budget.
* Determines appropriate revenue recognition, ensures timely and accurate invoicing, and monitors receivables for project.
* Follows up with clients, when necessary, regarding unpaid invoices.
* Analyzes project profitability, revenue, margins, bill rates and utilization.
CAREER PATH CORE COMPETENCIES
Financial Management
* Understands basic revenue models, cost-to-completion projections, and makes decisions accordingly.
* Understands pricing model and billing procedures.
* Accurately forecasts revenue, profitability, margins, bill rates, and utilization.
* Assures project legal documents are completed and signed.
Business Development
* Identifies business development and "add-on" sales opportunities as they relate to a specific project.
* Effectively conveys our message in both written and verbal business development discussions.
Communication
* Facilitates team and client meetings effectively.
* Holds regular status meetings with project team.
* Keeps project team well informed of changes within the organization and general corporate news.
* Effectively communicates relevant project information to superiors.
* Delivers engaging, informative, well-organized presentations.
* Resolves and/or escalates issues in a timely fashion.
* Understands how to communicate difficult/sensitive information tactfully.
Technical Understanding
* Possesses general understanding in the areas of application programming, database and system design.
* Understands Internet, Intranet, Extranet, and client/server architectures.
* Possesses a thorough understanding of our capabilities.
* Maintains awareness of new and emerging technologies and the potential application on client engagements.
PROFESSIONAL QUALITIES
Personal
* Self-motivated, self-starter, possesses good working attitude, target-oriented with ability to work independently, good problem solving skills, and requires minimal supervision.
* Good time management and self discipline.
* Good business acumen, resourceful, and able to work under stressful circumstances.
* Pleasant and presentable.
* Good communication skills.
Leadership
* Challenges others to develop as leaders while serving as a role model and mentor.
* Manages the development of team by ensuring, when possible, that project tasks are in line with each Innovator's career interests.
* Inspires co-workers to attain goals and pursue excellence.
* Identifies opportunities for improvement and makes constructive suggestions for change.
* Manages the process of innovative change effectively.
* Remains on the forefront of emerging industry practices.
Teamwork
* Consistently acknowledges and appreciates each team member's contributions.
* Effectively utilizes each team member to his/her fullest potential.
* Motivates team to work together in the most efficient manner.
* Keeps track of lessons learned and shares those lessons with team members.
* Mitigates team conflict and communication problems.
* Plans and facilitates regular team activities outside of the office.
Client Management
* Manages day-to-day client interaction.
* Sets and manages client expectations.
* Develops lasting relationships with client personnel that foster client ties.
* Communicates effectively with clients to identify needs and evaluate alternative business solutions.
* Continually seeks opportunities to increase customer satisfaction and deepen client relationships.
* Builds a knowledge base of each client's business, organization, and objectives.
ORGANIZATIONAL RESPONSIBILITIES
Innovator Development
* Conducts effective performance evaluations and mentors those with less experience through formal channels.
* Helps team execute career development plans.
* Seeks and participates in development opportunities above and beyond training required by us.
* Trains other innovators and clients through both formal and informal training programs.
* Encourages more junior innovators to take responsibility for their development within the company.
* Challenges fellow innovators to progress toward their professional development goals.
Internal Operations
* Suggests areas for improvement in internal processes along with possible solutions.
* Leads internal teams/task forces.
* Approves team members' time and expense reports in a conscientious and timely manner.
* Reviews the status reports of team members and addresses issues as appropriate.
* Complies with and helps to enforce standard policies and procedures.
Verdict: Sounds complicated huh? I think the part about organizational responsibilities are for seniors.
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