Anatomy of an Ideal Project Manager

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anatomy-of-an-ideal-project-managerManagement seems like a simple word, but in practice it’s the very opposite. Managing a team of creatives is not everyone’s cup of tea. Yet there are some brilliant minds who succeed in doing that.

They are the ideal project managers, and they are hard to find. But what makes them so unique? Its not just their ability to reach a goal but to make the experience an extremely rewarding one. An ideal project manager is subtle in his approach but will have a tight grip on each detail of his project even while being off duty. This ability comes with education as well as experience.

A Project Manager may not always be known as the Project Manager. They can be found in every field.  They provide successful outcomes. One powerful example of successful management is present in Egypt. The pyramids were the project of a man called Imhotep, son of King Khufu. He had no machines at his disposal, yet he created a structure so unique that history students still write theses on it – using nothing but effective leadership, powerful communication and an efficient use of finances.

Let’s take a look at the key skills of an ideal project manager:

Smooth Communicator

Communication is the most essential skill required for success in the corporate world. People who work in the business world know that communication is not just limited to words. There are facial expressions, gestures, inferences, behaviors, words, mails, tweets…

A great Project Manager is the king of them all. This person will make you feel like you are their best friend/employee/client. Their communication skills are so good, they make these project managers almost charismatic. “Where body language conflicts with the words that are being said, the body language will usually be the more ‘truthful’ in the sense of revealing true feelings.” Says Glen Wilson in his book ‘Introducing Body Language-A Practical Guide’.

This is why meetings are fun with such a manager. Smooth communication encourages the flow of ideas.

Robust Leader

Leadership qualities are a must-have. A PM knows that his team members are coming in from so many walks of life. Each has different strengths and weaknesses. They overcome all barriers to make sure the team stays on one page. How? They constantly learn. The best executive is the one who has sense enough to pick good men to do what he wants done, and self-restraint enough to keep from meddling with them while they do it. —Theodore Roosevelt.

Additionally, successful project managers don’t micro manage their team. Even if they make mistakes, intelligent project managers allow them to rectify mistakes as soon as possible. A true leader doesn’t just show authority, but is also a soft person with whom subordinates can communicate comfortably about their challenges – to seek the best way forward.

Quick Learner

How many times have you heard a management professional say, “Twitter is just not my thing.” Or “This digital software goes above my head.” Many times, managers who didn’t experience the tech boom in their 20s have trouble dealing with new inventions in the business world. For that ideal project manager, new inventions are equal to ten new ways of doing productive work. They never stop learning and trying new things. That’s how it is in managing a project. A new project is always a new wave of excitement. It seeks the same level of anticipation that an ideal project manager has.

Very competitive

It is about being a skilled PM, but also a very possessive maternal/paternal figure who takes the project as their child.  Simply put, they know what they are doing and people under them, trust them a lot. History will always remember great project managers as people who had the ability to lead the team effectively. Degrees from excellent institutes instill these skills in students – which get polished further through experience. These people are great problem solvers who know how and when to act.

Shows empathy

Empathy is a universal language. It is also the language of an ideal project manager. They care for people, their feelings and their aspirations. They also care about schedules, stakeholders, missions and the risks involved. The world is currently suffering from a massive empathy deficit, so please take good care of this tip. Good project managers are kind and gentle, because this way of dealing with a human is more effective than coercion.

Enthusiastic and active

These heroes think that waking up each day is a blessing and facing new challenges is exciting. They are never demotivated by a late or early hour, and you can often spot them in a chirpy mood. They take their responsibility very seriously because to them it is more of a passion than a day/night job.

Takes the team along

Good PM are the substance that holds the team together. They are deep-rooted and sound-minded, which reflects well on their team. In order to make the team function as a fully cohesive unit, this one manager gives all and succeeds. Such a person plans ahead, but also plans in time. Planning and punctuality are the two most important things in a great project manager’s personality.

Thrives under pressure

Most of us would break under severe pressure. We see athletes doing it all the time and people doing deadline-based work are no different. However, an ideal project manager will wear their workout kicks and be on their mark to look deadlines in the eye. If there’s a situation and some time to solve, why not use the time instead of regretting later?

This is what goes on inside their heads. This ability doesn’t end in the office. It is a keeper in life too. There’s a good chance that a great project manager is great because he or she is 90% amazing under pressure, as testing situations often bring out the best in us.

Conclusion

Mentioned above are some abilities that an ideal project manager should have. Are you a project manager, managing your team successfully? Please share your opinions and suggestions in the comments below.

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Project Finance Financial Model: Secure Your Investment

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project-finance-financial-model-secure-your-investmentMany professionals have business ideas that seem like practical business ventures. Most of these ventures require funding from multiple funding sources. So to reduce risks, the professional with the business idea, or sometimes even the investor or other interested parties will want to perform an analysis of all of the financial activity that is involved in the project. They depend on reliable financial information to perform the best financial analysis possible.

The financial information required is also needed so that the proposed business venture can be compared to similar ventures in its industry. This allows interested parties to gain a more realistic picture of the potential financial performance of the venture. Their main concern is that they receive a return on their investment or that they are repaid for various loans that have been made on behalf of the venture.

Some of the financial methods used to perform the best analysis possible are designed to ensure that investors and lenders can secure their investments; they are described in more detail below.

Financial Modeling

Financial modeling is one of the major sources used to perform a financial analysis of a business venture. It creates a financial reflection of the venture’s structure by clearly mapping out all aspects of the venture, including its sources of revenue, all project costs that are associated with the venture, as well as capital expenditures and its fixed and variable expenses. It helps funders make better, more informed decisions.

The financial model allows participants to evaluate the project’s estimated cash flows, estimated net profits, the estimated net worth, as well as a wide variety of other key financial indicators. The key financial indicators are used by investors and banks to compare the projected financial performance to other similar ventures in the marketplace. A credit union may also be a financial source that could have an interest in reviewing a financial model as well.

The financial model also clearly maps out the sources of business finance along with the timing of all of the funding sources and the investment loan repayments that are required at designated periods within the project.

Project Valuation Methods

In addition to analyzing the financial model for a specific venture, it is also very important to perform an analysis of the project’s valuation. The valuation of a business venture consists of a process and various procedures that are used to perform an estimation of the economic value of the venture – more specifically the owner, investor’s or lender’s interest in the venture. Typically, those who are involved in the venture in any capacity and have a financial interest in the project, uses the information provided in project valuations to better determine the future economic outcomes of the business venture.

There are a wide array of valuation methods used based on the specifics involved with the project. One of the more common one’s involves the project’s value after the sale of a business for a future period of time. Other methods consist of comparable multiples whereby areas such as P/E multiples are used, price to revenue, market to book and enterprise value to EBIT multiples are used.

Another method consists of the Discounted Cash Flow method whereby areas such as the net present value, the internal rate of return or the economic value added based methods may be used.

What is Project Analysis?

To ensure that their investments and funds are protected, investors and other lenders often hire a financial project manager who is responsible for overseeing how the venture is played out. They are also responsible for knowing how to read and understand the various financial modeling and valuation methods, as well as have knowledge about performing a thorough project analysis. Project valuation methods and a project finance valuation is also of great importance and is within the overall scope of analyzing the project.

The project manager must also be able to properly articulate what’s been analyzed along with their professional evaluation of the overall project. In essence, the financial project manager must be able to properly perform a detailed review of the project as well as oversee insurance for investments that have been made.

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How to Draft a Stakeholder Communication Plan

how-to-draft-a-stakeholder-communication-planThe truth is that there are quite a lot of things that you would need to take into account when you manage a project. Even though a stakeholder communication plan isn’t always necessary, for long-term and heavy projects you are most certainly going to need to have one. With this in mind, we would like to go through a few things that you might want to take into account in order to be able to create one from scratch which meets the expectations of the stakeholder and fulfills its overall requirements and expectations. Let’s go right ahead and take a look.

Identify the need for communication

This is rather obvious but it’s particularly important. Your client and all of the stakeholders need to be well aware of the fact that you are incredibly concerned with their critical opinion and that breeds the need for transparency and communication. Upon doing so you are instantly gaining their trust and that’s generally one of the most important things that you would have to do in the first stages of the project. Read the Complete Article

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3 Important Things for Project Managers to Consider

3-important-things-for-project-managers-to-considerAccording to a survey, 64% of companies confirmed that project management leads to better alignment of projects within their business strategy. Organizations also reportedly identified a nearly 27% hike in ROI, and budget performance. Effective Project management also helps organizations in maximizing their returns, and increasing profit margins. However, it is easier said than done. Following the right path to managing projects is often replete with numerous challenges and hurdles. Therefore, it is important to choose the right project management methodology and follow it through to ensure success in business projects.

Key Considerations for Effective Project Management

Project managers possess natural problem solving skills, and tend to have a finger on the pulse when it comes to project changes and technology. This is because projects today are so multifaceted, they cannot be categorized. Every project is unique and comes with its own set of complexities and problems. So let’s discuss some best practices for project managers that can help them be more efficient.

1. Create a new MAP (methodology assessment process) for each project.

Project Management Methodologies do not follow the one-size-fits-all approach as it is highly dependent on various factors including industry, scale, markets, project type, and even situation. One approach that is correct for a particular situation may not be the ideal one for another. The same methodology seldom works for all projects in an organization. However, it is also important to remain flexible since projects sometimes undergo unforeseen changes that need to be factored in.

2. Select the appropriate PMM (Project Management Methodology)

Whether you go for Agile, Waterfall or Hybrid method for your project, depends on individual project requirements which may include criteria such as business requirements, size and complexity, processes and policies, risks involved etc.

  • Agile is ideal for projects where the dynamics are quickly changing and the project needs to keep pace by following an iterative approach.
  • Waterfall method is a traditional PMM that captures all requirements upfront, thus minimizing errors due to loss of information in the initial planning stages.
  • Hybrid: The best of both worlds get combined in this approach, thus tying the benefits of both Waterfall and Agile together in one model.

3. Be SMART (specific, measurable, agreed, realistic, time-framed) when it comes to setting milestones.

Milestones are generally used as focal points for project managers and teams, to monitor and forecast correctly, so that regular reporting can be done. Following milestones also helps maintain the structure of the project and keep project teams in loop about task status.

Although, there’s a lot a project manager has to do and take care of, these are the three basic things to consider for managers who are handling projects. Identifying key concern areas, understanding priorities, determining what, when, where and how each methodology, creates the most productive impact is a key to project success. This is where project managers are able to provide assistance to companies and bring invaluable knowledge to the table, thus establishing their expertise in implementing projects in the most efficient and effective manner while minimizing risks.

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Top 7 Tips for Improving Software Project Management Efficiency

software-project-management-going-from-good-to-great-mNew product development requires excellent project management in order to be successfully completed. Software project management is an active process that includes planning, resource management and organization in order to complete the development of the new product. Proficient software project managers will ensure that they deliver the very best possible end product by using whatever resources are available to them.

The variation seen in software project management is quite considerable. Excellent managers will be strategic about the application of their skills, experience and knowledge in order to plan effectively, manage the project and complete it. Here are a few suggestions to help you improve your own process of project management.

7 Tips for Improving Project Management Efficiency

You won’t necessarily find SOPs (Standard Operating Procedures) for successfully managing your software project. However, you are still able to make some improvements in order to augment the overall effectiveness of your process. These 7 tips will help you improve on your skills ensuring that you run things a lot more smoothly.

1. Proper planning

Proper planning is a critical factor in the management of any project. Truthfully, most of the deficiencies that are found in many projects result from planning poorly or have a planning process that is not well thought out from the very beginning. Since each project has a planning phase, this is where you need to establish the definition of your project, create your work plan and also identify the basic management procedures. Once you clearly understand the project, you will be able to manage the project more smoothly from the beginning to the end.

2. Risk Identification

One of the things that you must do as you are going through your planning process is to figure out what could possibly go wrong and at which stage it could happen. This type of risk assessment helps you in assessing just how possible it is for that particular risk to occur and also create a contingency plan should it become a reality. In defining risk, you want to place the possible risks in three different categories: Low, medium or high. With heightened awareness of the various problems that could crop up as you work on your project, it can save you much money and time overall, especially if you have assessed these early during planning.

3. Scheduling

One of the important things that must be done during the entire project management process is to figure out which tasks need to be done and to monitor your work plan in order to ensure that they have been completed as scheduled. This will be great for ensuring that all your team members know what is happening and where they are in the process at all times. As you monitor your work plan, you can take note of what is on schedule and what is lagging behind and then make whatever changes are necessary as quickly as possible.

4. Budget

You will need to come up with a budget for your project ahead of time. Just like you will be doing with the schedule of your work plan, you will need to monitor the project’s budget consistently throughout the process keeping track of your expenditure in order to remain within the budget limits you have set for yourself. One of the most important skills that any project manager can learn is to ensure that the project operates without spilling over the budget limit. The key to ensuring this happens is to carefully and frequently monitor it and make changes as needed.

5. Managing the project scope

It is not uncommon for the stakeholders of a project to request that changes be made when the project is ongoing. The changes requested are in addition to what was originally defined in the scope of the project and could be major changes or minor ones. If your project is to be successful, you will need to know to steer through any change requests effectively. This is a critical factor if your project is to be successful. Over time, you may find that your clients keep requesting small changes in the scope here and there, which can accumulate considerably amounting to ‘scope creep.’ It is possible for these changes to impact your deadlines, budget and resources negatively, so keep an eye on them.

6. Resolve issues urgently

Even after you have planned like you should, carried out your risk assessment and come up with risk mitigation plans and contingencies, you may still run into problems that you have not foreseen. If you do not resolve them in a timely fashion, they can end up being big problems. As such, you and your team will need to be focused on ensuring that problems are fixed urgently. This will ensure that your project moves along smoothly.

7. Communication

This is a big deal in software project management because any communication breakdowns can create problems. You will find that sometimes your team members may not fully understand the project status or their expectations may be different. The key is to ensure that communication between stakeholders, team members and management is honest and frequent. In order to succeed as a project manager, you will need to make sure that everybody is reading from the same script at all times.

Conclusion

The goal for your firm when it comes to software development should always be to create a fantastic end product. The difference between producing a mediocre product verses a great one may well lie in your implementation of effective project management.

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How to Write a Winning Project Plan

how-to-write-a-winning-project-planThere are quite a few things that are going to make tremendous impression to the client and your project plan is without a doubt one of them. Now that you’ve managed to get their attention, it’s absolutely vital that you follow up with a project plan which is tailored to the needs of the client. It should encompass everything of importance and it should place the proper emphasis in order to convince the client that it’s what his company needs. With this in mind, we’ve prepared a few tips on how to properly craft convincing and marketable project plans which are definitely going to help you close more clients.

Start the plan with research

The first thing that you need to show your client is that you are well aware of all the variables. You need to impress them in order to gain their trust. Thorough research is definitely paramount for the success of the venue. Dive into the documents and into the communications which are relevant to the project and get the scope of your work lined up.

Identify the goals of the project

A common mistake that a lot of people tend to make is they provide solutions before they’ve identified the problems and the goals. This is a gradual process which requires a lot of aforethought and consideration. Identifying the problem areas of the project and setting relevant goals is something which is going to give the client a concise idea of what’s going to be done.

Lay out reasonable solutions

You shouldn’t mix these parts. Presenting solutions need to come after you’ve properly identified the problems that actually need to be resolved. This is going to give the client a concise idea of what to expect. Furthermore, by identifying the solution and laying down the course of action, you are essentially setting the scope of the work you will be providing. This is especially important as it’s without a doubt the cornerstone of your framework.

Other Important Considerations

Of course, putting down a successful business strategy and project plan is without a doubt more complicated than this. There are tough questions that you’d need to get answers to. For instance, who the owner of the project is has a tremendous impact on the overall process. Working with third parties or representatives is usually more complicated as they need to get the necessary approvals. Account for that when formulating the price and offer alternatives.

You need to set up a comprehensive deadline which is tailored to the preferences of the client yet realistic enough so you do not get behind it. Doing so is going to result in cut-backs and that’s definitely something that you don’t want. Furthermore, being on-point and punctual is going to enhance your brand’s reputation and it’s likely to bring you a lot of trust. In any case, there are quite a few things that you’d have to consider when it comes to it.

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Tips on Forming an Outsourcing Development Team

When outsourcing software development, the customer naturally wants to be confident of success and satisfied with the result. Unlike with an in-house development team, the customer cannot keep an eye on the outsourcing team, and everyday work is not always visible. This is why choosing suitable people and forming an effective team is a significant challenge.

What really matters

For successful software development, it is not just technical experience that matters: the following should also be considered:

  • Communication skills are one of the core aspects for an outsourcer. Miscommunication and misunderstanding can result in the failure of an iteration or even the entire project.
  • Personal soft skills of each team member may have considerable meaning for the entire team.
  • Ability to work in a distributed environment is another core quality for an outsourcer.
  • Self-discipline is required to perform satisfactory work on time, without being permanently monitored.
  • Problem-solving skills allow developers to not only be not task performers, who stop working as soon as an unexpected problem arises, but to understand the problem, find out what has caused it and be able to overcome it.

These qualities are required for each developer in an outsourcing team. When forming such a team for software development, it is not only the skills and qualities of each developer that are important, but also their synergy.

How to choose

The BusinessDictionary gives the following definition of the term team: “A group of people with a full set of complementary skills required to complete a task, job, or project… A team becomes more than just a collection of people when a strong sense of mutual commitment creates synergy, thus generating performance greater than the sum of the performance of its individual members.

I would highlight two approaches to forming an outsourced IT development team:

  1. Choosing individuals—Under this approach, the customer interviews every candidate and forms a team from the chosen developers.
  2. Choosing the team core—The customer interviews and chooses core specialists (team lead (TL), tech lead, etc.). Later, the team lead forms the development team according to the project requirements.

Both approaches are widely used in our company. Below, I will to describe the process of forming the team in each case in detail.

Choosing individuals

During the pre-contract negotiations, we offer the customer the delivery manager with expertise in the domain of the project (FinTech, Mobile development, Telecom & Networks, Enterprise software, etc.). The customer talks to each delivery manager and starts to work with one of them. The customer then gives us a list of developers and other specialists required for the project, or the delivery manager suggests what the team should look like based on project requirements. We select people relevant to the customer’s requirements. The customer reviews their resumes, interviews those who seem to correspond with expectations, and then makes their selection chooses the proper ones. The team lead works with the team formed by the customer.

If after the project has started, a developer leaves the team—for personal reasons, because he/she can’t integrate into the team, or because the customer is disappointed with his/her performance—then we offer new resumes, and the customer interviews new candidates.

This approach has its pros and cons.

Pros:

  • The customer feels more confident about the chosen developers because each of them was interviewed personally.

Cons:

  • Selecting and interviewing each candidate takes time and delays the project development.
  • Separate individuals cannot always generate the synergy required for effective performance.
  • If the team lead does not participate in forming the team, he/she may not be able to guarantee the best result. In this way, an IT development team can be compared with a soccer team: the coach cannot guarantee the result if the team players are chosen by the club’s president.

Choosing the team core

Similar to the approach described above, in this case, the customer first chooses a delivery manager with the relevant expertise. Then, according to the project details, the delivery manager identifies whether the project needs aTL or a project manager, or any other core specialists (business analyst, technical lead, quality assurance lead). The requirements for core specialists are defined by the customer in accordance with suggestions made by the delivery manager.

The process includes the following steps:

  1. If core specialists who meet demands of the project are unavailable, we find candidates from the market.
  2. The delivery manager interviews all available candidates and selects the several of best. Their resumes are offered to the customer.
  3. The customer chooses, interviews, and approves the most proper specialists. Work on the project starts.
  4. The customer subsequently works with the TL to form requirements for other team members.
  5. Based on the requirements, the TL forms a development team for the project.

This approach assumes that after the customer has chosen the core specialists, he/she will trust them to form the team and ensure the project development. If a developer needs to be replaced, new candidates are interviewed and chosen by the TL. This replacement can even go unnoticed by the customer: he/she sees the result (another iteration is successfully completed), and doesn’t delve into how and by whom it was done.

To use the soccer team analogy again, this approach corresponds to a case in which the coach chooses the team players and thus guarantees the result. The club’s president doesn’t interfere in the team building process, but instead he/she demands results from the coach. The same situation applies to a development team formed by the TL without the customer approving each candidate.

This approach also has its pros and cons.

Pros:

  • The customer doesn’t have to spend time interviewing every candidate. Only core specialists are selected by the customer, and other developers are hired by the TL according to the project requirements.
  • Having formed the development team, the TL can be confident he/she will be able to make the team create synergy and perform as highly as possible.
  • Having selected people personally, the TL can rule out the possibility of incompatibilities between team members.

Cons:

  • The customer may have doubts about the project success.

To mitigate any doubts customer has about the TL’s ability to work and create an effective team, we offer to provide a trial mini project to demonstrate the TL’s ability.

Interviewing a TL

In my experience, the TL is one of the most important roles in a development team. The TL influences the entire team’s work, and the project success depends on the TL’s effective work with the team.

This is why I want to discuss interviewing the TL in detail. In addition to possessing technical skills, the candidate should be able to form an effective team and have enough experience of managing teams. To identify the TL’s suitability in this regard, it is worth examining him/her:

  • Experience in starting a development team—The candidate should be able to describe how he/she formed teams for various projects. What was the candidate’s best experience in forming a development team and starting a project?
  • Ability to comprehend his/her own mistakes—What mistakes have been made in terms of choosing team members? What were the consequences of these mistakes?
  • Ability to draw conclusions from his/her own experience—The candidate should be able to give advice about forming and managing a team, and share his/her best practices regarding establishing communication and providing an effective working environment.
  • Ability to act in a conflict situation—What actions does he/she take if a team member is inefficient? How does he/she minimize the loss from replacing the team member?
  • Strategy to provide team stability—How does he/she seek to minimize the possibility of personnel turnover in the team, and to stabilize the performance indicators?
  • Approach to building the development process inside the team—How does he/she facilitate effective communication between team members, code review, mentor ramp-up of new specialists, etc.?
  • Approach to ensuring transparency in teamwork—The candidate should describe what forms of reporting can demonstrate the teamwork and results.
  • Use of key performance indicators—Which indicators show whether the team is efficient?
  • Approach to providing feedback—How would the candidate ensure effective and rapid development, without quality loss?

I would emphasize the importance of technical skills for a TL, in addition to team management experience.

Conclusion

He who pays the piper calls the tune. When hiring an outsourcing team, the company-customer chooses the most convenient way to form the development team. Each of the above-described approaches has its advantages, but at the same time, each has its drawbacks.

The following issues should be noted when forming an outsourcing development team:

  1. Not only do the skills of every team member matter, but so too does their ability to show better performance when working together.
  2. Speaking English is very important for core specialists, but not so important for other developers. Communication mostly occurs between the customer and core specialists. Sometimes it is better to pay the same wage for a developer with more experience but poorer English skills, than a developer with intermediate English but worse technical skills.
  3. If a TL has shown his/her best qualities during a trial mini-project and further work, he/she can be trusted with forming the development team.

Which of the above-described approaches do you use to form outsourcing teams? Maybe you use a completely different approach? Share your experiences in the comments—I would appreciate the chance to discuss your ideas.

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5 Keys to Being a Productive Project Manager

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5-keys-to-being-a-productive-project-managerIf you’re marketing yourself as a project manager, you need to make sure that you have the skills to get it done and get it done right. While there are dozens of things that project managers should be able to do to get things done, they almost all fall into one of the following 5 categories. Breaking your skill set down to these basics will show you what you are good at, and where you need to improve to be a solid project manager.

Team Building

The most important step in project management is to select the right team to get the job done. Focusing your energy up-front on making sure you have the right people in place will save you undue stress and frustration later on. Not only do you need to make sure that they have the knowledge and know-how to complete their task, you also need to make sure that they have the soft skills to collaborate with other team members and to stay on track for completion.

Delegation

Once you’ve picked the right people for the job, it’s critical that you step back and let them do what you’ve hired them for. If you chose qualified people with the skills you wanted, you shouldn’t need to micromanage them. You hired them to do a particular job, and you need to trust them to do it. Delegate responsibilities and hold them accountable, but let them get the job done their way. One of the biggest downfalls to getting a project done is by building resentment within your team- by not trusting them or by trying to tell them how to do their jobs.

Organization

After you’ve delegated project responsibilities, you need to know how to track the progress, and to make sure that the project is staying on task. Knowing who is working what angle and how everything is supposed to come together in the end depends on your ability to stay organized and to have a system for following up on tasks. Whether you use project management software or design your own system for keeping up with things, staying organized will determine whether your project succeeds or not.

Communication

Having great communication skills is also critical to keeping the gears turning correctly. You need to know how to approach people in a non-threatening way when criticizing, and you need to make sure that you are effectively communicating your expectations. You aren’t just managing your direct communications with individuals, you’re setting the stage for how the group collaborates and focuses. It’s up to you to make sure that information gets distributed appropriately, and that nothing falls through the cracks.

Attitude

If you want to keep a project moving forward, you need to have a positive attitude. Being able to motivate your team members and inspire enthusiasm for the project is essential to making sure that they are producing quality work and meeting deadlines. Someone who is negative and is constantly harping on people is going to sap them of motivation and lead to frustration and resentment for everyone, slowing things down. Your attitude will set the stage for how the project goes from start to finish, so it’s critical that you pay attention to your demeanor and how you interact with your team members.
Keeping these 5 key points in mind throughout your project will help you to keep your team productive and motivated. While you may find different tricks and techniques to enact these keys, they are the foundation of being a great project manager.

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9 Places to Get The Best Graphics, Text and Video for Your PM Blog

9-places-to-get-the-best-graphics-text-and-video-for-your-pm-blog1When it comes to getting just the right content on your blog, it feels like it’s easy to get it wrong. Take one misstep, and you’re going to lose followers in their droves. While it’s not quite as dreadful as that, making common mistakes is a serious concern. You want to present your blog as professional, and the first step to doing so is creating excellent content.

When this is the case, the best thing to do is to outsource your content creation. Here’s some of the most common mistakes bloggers make, and the best outsourcing tools to avoid them.

Video

When it comes to video, quality is everything. Filming on an iPhone in someone’s bedroom was acceptable ten years ago, but now even YouTube demands better. Your videos need to be slick, entertaining, and have a strong message. To make them you need the experience, and excellent quality equipment. If you’re missing one or both of these, get in touch with these content creators.

  1. iStock: This service offers flexible plans, so you can keep them on a retainer ready for when you need video on your blog. Alternatively, you can buy credits to download a video at any time.
  2. Video Scribe: You can use this service for just a one off video, or you can pay a monthly fee to retain access to them. Either way, it’s worth it thanks to the HD quality video they can provide.
  3. Video Hive: Need a video quickly? You can buy a stock video from here, which you’ll be free to use on your site.

Text

Text can be a minefield in blogs. Even if you have something important and useful to share with your readers, the message will be lost if your presentation isn’t spot on. Your grammar and spelling have to be immaculate, every time. Anything less can look deeply unprofessional and sloppy. If that sounds like too much pressure to you, never fear. These professional writers can help you out.

  1. Write My Assignment: This writing service are great for proofreading. Many bloggers are always trying to stay one step ahead of the latest trends, so they need to be publishing quickly. They’ll proofread your finished pieces, then edit and return them to you, ready for publication.
  2. Boom Essays: This is one of the most experienced writing companies around. All you have to do is contact them with the topic and any particular links you want covered, and they’ll do the rest. Once you get the completed pieces back, you can get them published right away.
  3. UK Writings Service: If you need work done within tight deadlines, this is the company for you. They can take on work with even a few hours before the deadline, and create a perfect blog post for you.

Graphics

Images can be a tricky one to get right. Unless you already happen to be a professional grade photographer, you’re going to have trouble getting images that are just right. Lifting images from online sources can be dangerous, as you may not be sure of exactly where the image came from. Many bloggers have been burned by lawsuits claiming they were using stolen artwork. In this case, it’s much better to have a company create the images for you specially.

  1. Vector Stock: Vector images are often the best quality ones. Buy access to some excellent ones here.
  2. Shutterstock: There’s a huge range of images to pick from here, including illustrations, vectors and photos. Whatever you need, it’s probably here. Take your pick!
  3. Vecteezy: If you’re short on cash this is the place to be. There’s a huge range of free vectors available here that you can use, with proper credit to the creators. It’s the easiest way to have quality artwork on your blog.

As you can see, it’s easy to make mistakes, but it’s even easier still to correct them. Try using the resources mentioned here when you’re stuck for a solution. It can be the best way to get yourself out of a jam. Plus, your blog will look great and professional once you’ve used these services.

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Why Project Management in IT Industry Has Become More Important Than Ever

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why-project-management-in-it-industry-has-become-more-important-than-ever1The Information Technology industry has drastically grown within the last decade. Rapid globalization has significantly amplified the capacity to accurately manage data. In response to this up surging capacity demand, the need to focus on effective project management strategies has become mandatory.

What is a Project?

It can be defined as a temporary endeavor undertaken in order to design a unique product or service. Every project differs in size, scope and is built through a network of interrelated tasks and optimum utilization of resources.

What is Project Management?

To be precise, project management can be described as the process of planning, organizing, controlling and implementing responsibilities for achieving the organization’s specific goals. In an IT organization, project management includes overseeing projects for hardware development, software development, network upgrades, cloud computing, data management, business management projects and more.

Significance of Project Management

Staying ahead of competitors is an important business survival trait. It is advised to create a learning environment in order to leverage the whole team to achieve strategic goals. Sharing of information should be timely and in a widespread manner. In today’s competitive landscape, the best companies attribute their wealth to efficient use of information and technology. Furthermore, large-scale organizations develop software and utilize data retrieval process that not only serves internet profit requirement but also supports profit objectives. Over the years, project managers have appreciated the significance of tribal knowledge to foster sharing and learning within the organization. This, of course, requires an efficient project management system that gratifies customers and pays a vital role in the new global economy.

What is the Reason behind the Failure of IT Projects?

Despite the importance of project management in the Information and Technology Industry, many companies find it challenging to execute IT projects within the deadline and budget constraints. Most of the IT designs are canceled before completion as developers find it to be a daunting task. Experts clarified, poor project management skills lead to the failure of a project. Surprisingly, there is something interesting among all these failed projects that include estimation mistakes, lack of clarity and unstable objectives. In addition to this, here are a few more areas of concern:

Ambiguous Objectives

The whole team is likely to possess a clear vision else its absence creates timing delays and communication bottlenecks. If the team lacks the experience of describing the resources required in the initial stage, the project is certainly at risk.

why-project-management-in-it-industry-has-become-more-important-than-ever2

Unrealistic Approach and Estimation

Inside the realm of project management, an accurate judgment must be made remaining loyal to the initial requirements as well as objectives. Unfortunately, the team fails to differentiate between the time, scope and duration of the project. It is mandatory to accomplish the task within the given time constraint without interruptions.

Verdict

Due to rapid development in globalization, project management is expected to increase in the near future. Project management is the defining factor for a company’s success and determines potential risk in order to bring timely solutions. Organizations should make it a point to manage complex information in order to architect an efficient project management system. In the nutshell, the team should learn from the experiences and capture in the repository to maintain the overall corporate assets.

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