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Best of PMTimes: The Five Goals of a Project Manager

As a project manager, you need to manage people, money, suppliers, equipment—the list is never ending. The trick is to be focused. Set yourself five personal goals to achieve. If you can meet these simple goals for each project, then you will achieve total success.

These goals are generic to all industries and all types of projects. Regardless of your level of experience in project management, set these five goals for every project you manage.

 

Goal 1: To Finish on Time

This is the oldest but trickiest goal in the book. It’s the most difficult because the requirements often change during the project and the schedule was probably optimistic in the first place.

To succeed, you need to manage your scope very carefully. Implement a change control process so that any changes to the scope are properly managed.

Always keep your plan up to date, recording actual vs. planned progress. Identify any deviations from plan and fix them quickly.

 

Goal 2: To Finish Under Budget

To make sure that your project costs don’t spiral, you need to set a project budget at the start to compare against. Include in this budget, all the types of project costs that will accrue, whether they are to do with people, equipment, suppliers or materials. Then work out how much each task in your plan is going to cost to complete and track any deviations from this plan.

Make sure that if you over-spend on some tasks, that you under-spend on others. In this way, you can control your spend and deliver under budget.

 

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Goal 3: To Meet the Requirements

The goal here is to meet the requirements that were set for the project at the start. Whether the requirements were to install a new IT system, build a bridge or implement new processes, your project needs to produce solutions which meet these requirements 100%.

The trick here is to make sure that you have a detailed enough set of requirements at the beginning. If they are ambiguous in any way, then what was initially seen as a small piece of work could become huge, taking up valuable time and resources to complete.

 

Goal 4: To Keep Customers Happy

You could finish your project on time, under budget and have met 100% of the requirements—but still have unhappy customers. This is usually because their expectations have changed since the project started and have not been properly managed.

To ensure that your project sponsor, customer and other stakeholders are happy at the end of your project, you need to manage their expectations carefully. Make sure you always keep them properly informed of progress. “Keep it real” by giving them a crystal clear view of progress to date. Let them voice their concerns or ideas regularly. Tell them upfront when you can’t deliver on time, or when a change needs to be made. Openness and honesty are always the best tools for setting customer expectations.

 

Goal 5: To Ensure a Happy Team

If you can do all of this with a happy team, then you’ll be more than willing to do it all again for the next project. And that’s how your staff will feel also. Staff satisfaction is critical to your project’s success.

So keep your team happy by rewarding and recognizing them for their successes. Assign them work that complements their strengths and conduct team building exercises to boost morale. With a happy motivated team, you can achieve anything!

And there you have it. The five goals you need to set yourself for every project.

Of course, you should always work smart to achieve these goals more easily.

 

Published on May 12, 2010.

Dealing with Failure and Setback as a Program Manager

As a program manager, it is inevitable that you will face setbacks and failures along the way. While failure can be difficult to cope with, it is a natural part of the process of innovation and progress. By understanding how to handle failure effectively, you can turn setbacks into opportunities for learning and growth. Over the course of my career, I have had the opportunity to work on multiple programs of varying degree of scope, budget and schedule and have seen my fair share of setbacks, and I wanted to share some tips and tricks from my experience to help develop and hone your program management skills:

 

Understand how to handle failure: As a program manager, it is important to understand that failure is a natural part of the process of innovation and progress. When failure occurs, it is important to identify the root causes, learn from the experience, and take corrective action to prevent future failures. To handle failure effectively, it is important to have a proactive approach and be willing to take risks and try new things. It is also important to have a culture of continuous learning and improvement, and to encourage team members to embrace failure as an opportunity to learn and grow.

When I had suffered a failure on a project early in my career, I questioned if I was meant for this career. However, my mentor at the time encouraged me to reflect on the experience and consider how I could have approached things differently. They then had me apply this learning to my next project – which resulted in a much more successful outcome. Now, following each major milestone in a program, I conduct a postmortem to evaluate if I need to alter my execution method for continuous learning.

 

Report out openly and honestly: As a program manager, it is important to regularly report on the progress and status of your program to stakeholders, including team members, upper management, and clients. This helps to keep everyone informed and ensures that the program is on track to meet its goals and objectives. There are a variety of tools and techniques that can be used to report status, including project management software, status reports, and presentation software – the tool itself is not that important, what is important is that the stakeholders of your program are aware of progress. When failure occurs, it is important to communicate openly and honestly with team members about the challenges and setbacks that the team is facing. This can help to build trust and maintain team morale, even in the face of setbacks.

 

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Understand how to hold team members accountable: As a program manager, it is also important to hold team members accountable for their work and ensure that they are meeting their commitments and deadlines. This could involve setting clear expectations and goals, tracking progress and performance, and providing feedback and support as needed. There are a variety of tools and techniques that can be used to hold team members accountable, including performance management software, regular check-ins, and performance reviews. It is important to understand how to use these tools effectively to ensure that team members are meeting their commitments and contributing to the success of the program.

 

Take corrective action: Once you have identified the root causes of failure and learned from experience, it is important to take corrective action to prevent similar failures in the future. This may involve implementing new processes, procedures, or tools, or providing additional training or support to team members. By taking corrective action, you can help to reduce the risk of future failures and improve the chances of success for your program.

 

Communicate effectively with technical team members: As a program manager, you may often be working with technical team members who have specialized knowledge and expertise. To effectively communicate with these team members, you need to be able to understand and speak their language. This may involve learning technical jargon and concepts, or working with technical experts to translate technical information into terms that are easier for non-technical team members to understand. In the event of setback or failure this skill helps speed up the root cause process.

 

Understand how to maintain team morale: When setbacks and failures occur, it is important to maintain team morale and ensure that team members remain motivated and engaged. This can be challenging, but there are a variety of strategies that can help to maintain team morale, including:

  1. Communicating openly and honestly with team members about the challenges and setbacks that the team is facing
  2. Providing support and resources to help team members overcome these challenges
  3. Encouraging team members to take ownership of their work and to take risks and try new things
  4. Providing opportunities for team members to learn and grow
  5. Recognizing and celebrating successes and accomplishments, no matter how small

By following these tips and tricks and fostering a culture of continuous learning and improvement, you can effectively deal with failure as a program manager and turn setbacks into opportunities for growth and success.

Getting the Call to Action – Taking Over a Project

We usually don’t identify projects that we want to take over and make a request. Instead, we are identified as a candidate to assist or take over an ongoing project. How should we proceed?

 

Our goal is to quickly assess the current situation, focusing on the executive or management level, to help us decide if this is an opportunity that we should take or if we should steer clear. Even if we cannot decline the opportunity, the information gathered here will help us plan our first steps and should help us determine the extent of executive commitment to the project and the way to improve it.

 

The most critical question to ask is, “Why are we changing the PM now?” The PM may have been moved to a more important assignment, transferred to a different position as part of their career growth, or may just be on extended leave. If one of these is the reason given, there may still be some challenges in taking over the project, but there aren’t any warning signs yet.

 

There may be answers that raise warning flags, such as “We just fired the PM.” Or “The PM quit unexpectedly.” These usually indicate a project with issues. Another red flag warning is when the customer (internal or external) has demanded a change in the PM. While this may just be a style or personality conflict between the individuals, there are often deeper issues.

 

Carefully consider the responses you’ve received to this first question before proceeding. Is this shaping up as a situation where you will be the next PM being replaced, potentially harming your professional reputation and career? Do there appear to be political games being played? If so, do you want to join the game? If you have to take the assignment, what precautions are needed?

 

The next question for the Project Sponsor and Business Owner, is “What does success look like?” If they cannot succinctly describe this, how can the project be successful? Even under Agile or Flow Methodologies, “do good stuff” is never enough guidance. All projects have objectives. While they may be modified through the course of the project (being “agile”), at any given point in time the current objective must be clear and understood by all the stakeholders. If you cannot establish a clear response to this question, this issue must be flagged.

 

A more difficult question to get a true answer to is, “What is the current status of the project?” The true status may not be known, and different stakeholders are likely to hold different views. At this stage, we want to determine what views are held by the key stakeholders. If negative views are expressed, this is an ideal time to lay the foundation for future requests for help or support.

 

If there seems to be a consensus that the project is challenged or adrift, an immediate follow-up question needs to be asked: “Should this project be terminated?” Get this option on the table to save a lot of time and effort later. We are not recommending that the project be terminated, though we may do so later after we’ve done a thorough review. We are reminding the executive team that this is an option they should be considering if they haven’t already done so.

 

If the decision is made to continue the next question is, “If it is not on track, what caused it to go off track?” We will get into the actual reasons as part of our project review later on. At this point, we want to discover the executive view. Do not assume that this initial view is 100% true, there are probably some facts that support it.

The remaining questions are focused on executive commitment to the project and our accepting the opportunity to join as the PM. They will lay the foundation for the next steps that you will take as you assume leadership of the project team.

 

We need to learn, “Why was I selected for this project?” The goal is to learn more about the project and why they are coming to you to take over. Is it just because you are available? Do you have specific skills and experience that they think are needed, or something else?

 

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Next, ask “What do you need from me to help this project succeed?” Essentially a follow-up to the previous question, we are identifying the knowledge, skills, time, and commitment that they expect us to bring to the project. Is the intent for us to carry the project through to completion? If the answer is no, follow up with, “What is the desired project status to trigger my transition out?” These answers will impact your plans for assuming responsibility for the project and how you will be viewed by both management and the delivery team.

 

The next two questions can indicate the likelihood of success. “What authority will I have over the project team? Over external teams or resources that we need to succeed?” A common problem with modern organizations is dispersed authority. Being responsible for a successful outcome without having commensurate authority over the resources and teams is not only difficult, it is a recipe for frustration and disappointment. Uncover any potential issues of this kind now, and be prepared to discuss why the organizational arrangements need to be changed.

 

Ask your manager, the Project Sponsor, and the Business Owner, “What will you do to help this project succeed?” If they appear indifferent or show a lack of commitment to project success, this is a clear sign that the project is unlikely to succeed. Be very careful about boarding the Titanic while the captain is eyeing the lifeboat.

 

Finally ask “Do I have the option to turn down this assignment?” The answer may be yes, in which case you need to decide based on your career goals, your current personal situation, and everything you’ve learned about the project to this point. If you decide to accept the opportunity, do so with the firm intention to do your best and to be fully committed to a successful outcome for the organization, the project, and the project team.

 

If the answer is that you have to take the assignment, be professional about it. This may be a good opportunity to request specific things you need to be successful—key personnel; increased authority; ability to request scope, schedule, and budget changes later; etc. Explain that you are going to do a thorough project review and discuss the results with the key stakeholders. That discussion may include recommendations for them to consider, including additional support. Set the groundwork for your review and that follow-up meeting, indicating that you cannot promise a successful project outcome before then.

 

For a more detailed discussion of how to handle a request to take over a project, see my book:  There’s A New Sheriff In Town: The Project Manager’s Proven Guide To Successfully Taking Over Ongoing Projects And Getting The Work Done , Fenelon, Martin J., eBook – Amazon.com

 

11 Questions to Ask Before Taking Over a Project

1.     Why are we changing the PM now?

2.     What does success look like?

3.     What is the current status of the project?

4.     If it is not on track, what caused it to go off track?

5.     Why was I selected for this project?

6.     What do you need from me to help this project succeed?

7.     Do you intend for me to stay as PM through the end of the project? If not, what is the desired project status to trigger my transition out?

8.     What authority will I have over the project team?

9.     What authority will I have over external teams or resources that we need to succeed?

10.  What will you do to help this project succeed?

11.  Do I have the option to turn down this assignment?

 

Best of PMTimes: Managing Stress in Project Management

Introduction

Project Manager (PM) is no doubt one of the most stressful jobs out there as the PM is directly responsible and accountable for the success or failure of a project. Some PMs believed that they can handle and cope with the high level of stress but there are some who are ignoring or refuse to recognize that they are under stress. The experience of stress is not only impacting the cognitive and behavioral performance, it can also have a negative impact on your personal health, wellbeing, and family life. You might not able to change the amount of stress you have on a daily basis, but you can change how you deal with it. It is important to manage the stress before it becomes more and more difficult to handle and manage.

 

The Yerkes-Dodson Curve

Based on the Yerkes-Dodson curve, moderate level of stress improves performance and when the stress level increases more, the performance decreases. Hence, it is crucial for project managers to be able to moderate the stress levels for optimal performance.

 

Causes of Stress in Project Management

Imaging the project deadline is 2 weeks away and there are still some critical issues to be resolved. To make it worse, one of your key team members has been hospitalized. Customer is unhappy and management is requesting for a daily review. The source of stress in Project Management can be many and varied. Some common sources are listed below:

  1. Unrealistic timeline
  2. Working in a matrix system which PM does not have the full control of the resources
  3. Lack of resources – human and/or equipment
  4. Proliferation of virtual teams and cross cultural influences
  5. Inter-group conflict in organization
  6. Project environment

And the list goes on.

 

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Stress Management Techniques

Project Manager must first acknowledge or recognize that he or she is being under stress and then develop self-discipline before proceeding to learn and practice what are the techniques to manage stress. Learning to manage stress successfully begins with our willingness to take an honest look at ourselves.

Many techniques can help to manage stress. There is no-one-size-fits-all technique and no technique will be able to eliminate stress totally. Each person must decide what will work best for him or her. A few techniques should be explored to determine which works best and once they have found some strategies that work, commitment to practicing them is the key for managing stress.

I find five interpersonal skills and/or attitudes that help reduce stress taken from “Tangible Tips for Handling the Endless Stress in Project Management” by Steven Flannes, Ph.D., Principal, Flannes & Associates below to be really helpful in managing stress in Project Management:

  1. Detach or dissociate: Consider the team meeting where you are extremely frustrated by seeing wasted time or the personal posturing from a team member. To use detachment or dissociation, allow yourself to mentally “check out” of the meeting as much as is appropriate, letting your mind wander to a more pleasant image. Obviously, these approaches are used selectively and discretely.
  2. Monitor “what if?” thinking: In the middle of a stressful event, it is natural to engage in “what if thinking,” asking ourselves “What if we’d only done this in the past, then we might not be in this crisis right now?” As is evident, this form of “what if” thinking involves a focus that is not present oriented. An alternative to this form of thinking is to focus very much in the present, such as posing this question to yourself: “It’s Thursday at 3:17 PM, I’ve just received bad news about the project. What can I do in the next hour to take a small step towards improving the situation?”
  3. Develop potent conflict resolution skills: We add stress to our work lives by either under reacting to the stressful situation (avoiding or denying it) or over reacting to the stressful situation (coming on too strong). Both approaches increase our stress. A menu of conflict resolution skills (which will help reduce stress) is found in Flannes and Levin (2005).
  4. Know when enough is enough, and stay away from debating: A natural but often unproductive approach to resolve a stressful situation is to debate another person about the wisdom of your point of view. This does not mean you should not assert your belief, but you should know when to stop, often when your message has been heard. At this point in the dialogue, if we continue try to be seen as “right,” we are actually increasing our stress. It’s better to stop earlier than later; it can be a matter of diminishing returns to continue to be seen as “right.”
  5. Look for a paradoxical component in the situation: In the midst of a situation that is legitimately stressful, we may find ourselves taking ourselves, or the situation, too seriously. Cognitive behavioral psychologists would say that we are engaging in “catastrophizing” behavior, in which we take a singular, negative event, cognitively “run with it,” and then find ourselves believing, for example, that the entire project is probably doomed because of this one serious problem. An antidote to this is to find a paradoxical cognition that you can hold onto, something that will put your stress and worries in perspective.

Other techniques:

Prioritize: Put up a priority matrix and assign every task based on its urgency and importance. Focus on the tasks that are urgent and important. Don’t overwhelm yourself by worrying about your entire workload.
Avoid extreme reactions: Why hate when a little dislike will do? Why generate anxiety when you can be nervous? Why rage when anger will do the job? Why be depressed when you can just be sad?
Applying NLP (Neuro-Linguistic Programming) to Stress Reduction: NLP provides a number of excellent tools and concepts to empower individuals to cope with or change non-resourceful or negative stress to resourceful or positive resources.With NLP you can change overwhelming, immobilizing feelings into powerful motivating forces.
Exercise: Take some time off from your busy schedule and plan for some physical activities, whether it’s jogging, cycling, hiking or other activities to work off stress.
Meditation: Learn how to best relax yourself. Meditation and breathing exercises have been proven to be very effective in controlling stress. Practice clearing your mind of disturbing thoughts.

Summary

The success in managing stress does not depend solely on the type of technique that is used, but instead the commitment from the individual that makes the difference. The same strategy might not work for everyone. Individual must take an honest look within him or herself and determine what is practical and make the most sense. Working to reduce stress can enhance happiness and health for many years. It does make a difference!

 

References:

Opportunity is Everywhere for Project Managers

The world is changing fast, and so is the future of project management. For new and established project professionals, the challenge to stay competitive and relevant in our ever-evolving work environment can be daunting – particularly in the face of constant disruption and economic uncertainty.

 

The good news is project talent is still in high demand. My organization, Project Management Institute (PMI), recently released its Global Project Management Job Trends for 2023 showing that – despite the disruption and economic uncertainty – this demand will only increase, presenting a strong opportunity for project professionals to advance their careers over the next decade. In fact, from now until 2030, 2.3 million people will be needed each year to fill open project management-oriented positions, according to PMI’s most recent Talent Gap report.

 

So, what will these positions look like, and how can you take advantage of these opportunities? Here are the sectors to watch for and ways you can upskill or reskill to prepare for your next career move:

 

Construction
Despite setbacks including the global pandemic, supply chain issues, and inflation, the construction industry continues to grow and expand, creating job openings for project professionals. The recent investment in U.S. infrastructure also provides a significant opportunity, with an estimated 17 million infrastructure-related jobs to be filled by 2031, many of those in construction and built areas.

 

If you are interested in beginning or advancing your career in construction, the opportunities are endless with projects touching telecom, power, water, and more. It’s important to note that this is a rapidly evolving industry, so you must develop relevant skills, including the mastery of digital tools like building information management and cutting-edge tech to allow virtual building tours before ground has been broken.

 

If you have at least three years of project experience in the construction field, the Construction Professional in Built Environment Projects (PMI-CP)™ can help you acquire skills like stakeholder communication and scope and risk management, using construction-specific context to prime you for future opportunities in the industry.

 

Consulting & ESG
While consulting was previously more aligned with late-career professionals to leverage their professional expertise, a career in consulting is now a space for all project professionals. Project management consultants are often brought in to implement organizational transformations, requiring them to keep pace with the latest developments in new technologies like AI and low-code or no-code tools. A successful career in consulting also requires proficiency in interpersonal skills, like communication and active listening – which PMI calls “power skills” – to provide the best possible guidance to employers and clients, solve pain points, and demonstrate value aligned with organizational goals.

 

With an increasing demand for organizations to invest in environmental, social, and governance (ESG) practices, this also presents a new path for project managers to build a career in ESG. Project professionals have the necessary tools and skillset that make them well-suited to manage complex, long-term projects that require implementation, stakeholder management, and designating and meeting KPIs.

 

Financial Services
With this sector rapidly moving toward a fintech future, project professionals have an opportunity for a career in financial services to help drive this industry’s digital revolution. Gaining knowledge of data privacy, legal and regulatory requirements, and consumer expectations is crucial as financial services companies look to balance the pursuit of profit with innovation to redefine industry services.   

 

Project professionals who achieve this balance will be invaluable to their teams, helping to vet and implement trends and technology to improve customer services and advance the business, while avoiding those which do not. Because working with data privacy and regulatory factors comes with a bit of inherent risk, the PMI Risk Management Professional (PMI-RMP)® certification, for example, can help arm you with knowledge for industry success – from registering threats and risks to developing mitigation plans and customer solutions.

 

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PMOs: The Project Management Office
For professionals eager to help a business ensure their various projects and programs create value, consider a career in a PMO, or project management office. In the last decade, the role of the PMO has evolved. They are increasingly focused on helping organizations adapt to innovative processes as they embrace new ways of working, while also ensuring capabilities – like data and technology – are maximized in the implementation process. This requires alignment with the processes and decision-making behind a company’s big-picture objectives.

 

To pursue a role in a PMO, seeking a PMO mentor is a good first step. You might consider joining a professional association, which offers opportunities to seek out mentors specific to your desired career path. Additionally, if you have experience leading projects, obtaining a globally-recognized certification like the Project Management Professional (PMP)® certification can set you apart and prepare you to succeed and create value in a PMO.

 

Prepare for Your Next Career Move
For project professionals unsure of their preferred industry or area of focus, there are many ways to learn more about the different career paths available. Attending in-person or virtual events is one way to gain greater knowledge of trends and growth areas, with many free of charge. Events like the Virtual Experience Series 2023: PMXPO, for example, offer a chance for professionals to broaden their perspective on project management and connect with peers.

 

Additionally, membership within a professional organization like PMI® provides opportunities to network with other project professionals across industries and sectors, sharing best practices and career experiences – including tips and strategies to upskill and reskill. PMI also offers local chapter membership, which allows you to take the power of networking further with those in your own community – this can be a great way to also volunteer in chapter activities and even learn about new job openings.

 

Early-stage project professionals should consider PMI’s free, 45-minute introductory KICKOFF™ course, or its Certified Associate in Project Management (CAPM)® certification, a highly regarded certification that serves as a crucial stepping-stone on your path to career advancement. Professionals at all levels might also consider exploring PMI’s Career Navigator tool, which provides a personalized action plans to help users meet their goals.

 

Despite the uncertain economic forecast, project talent will be in demand for years to come. And fortunately for project professionals, career paths are not limited to one industry; opportunity exists across many sectors. And while the specific skillsets required of project managers somewhat varies across industries, knowledge and understanding of cutting-edge trends and technology, a mastery of power skills, a commitment to upskilling and reskilling, and connecting with a professional network are of the utmost importance. Opportunity is everywhere for project professionals; be ready when it knocks.