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The rapid development of market relations and the reconsideration of the approach towards earning resulted in the increased importance of the sphere of business. In this regard, modern society could be characterized by the crucial role business plays in its functioning. A great part of the population is involved in various activities of this sort as they guarantee stable income and conditions personal development of an individual.
Furthermore, the creation of a certain project might also result in the significant reconsideration of different values and approaches peculiar to a certain person. Besides, the success of this very project also conditions societys attitude. For these reasons, management, as the main aspect that might guarantee the existence and development of an affair, becomes one of the major concerns of the coherent society.
The given paper is also devoted to the main aspects of Project management and its precise analysis. The task implies the attempt to determine the main factors that condition the failure of any affair. Moreover, the work also tends to present the most important skills needed for a successful manager. For this purpose, the analysis of various sources and real cases are performed, and conclusions are made.
Reasons for projects failures
Analyzing the Failures of numerous projects, it is possible to outline several of the most frequent and important reasons for these collapses. The drawbacks in planning could be considered the most common causes that conditioned numerous disasters (Bell, 2011). The absence of the needed skills and inability to predict the evolution of the market might result in the appearance of numerous problems related to the various aspects of the project. The unwise management will increase the terms and costs. For instance, the creation of the Sydney Opera house was one of the greatest and most collapsed projects.
The main task was to create a world class concert and opera hall. However, the weak planning and unexpected difficulties conditioned giant spending. The cost raised from an expected $7million to final 102 million dollars, and it took 16 years instead of 6 to erect this very building (Smith, n.d.). The given example evidences the fact that the inability to take into account a set of specific conditions peculiar to a certain project is one of the main reasons for the projects collapse Furthermore, risk analysis is also crucial in case a new project is going to be organized. A person has to consider the main risks that might appear in the course of the projects evolution and create strategies that should help to overcome these difficulties (Buley, 2000).
The existence of some alternatives might help greatly and guarantee the further projects evolution. Finally, it is crucial to determine the resource requirements for the activities which should be performed in terms of the project. Numerous examples evidence that the absence of the needed sources will result in the projects collapse. It is another common reason that might condition the appearance of numerous problematic issues. Altogether, the above-mentioned reasons come from poor planning and management. In this regard, adherence to the main aspects of Project Management is crucial for any business as it might guarantee good results and avoid serious mistakes.
The most important skills required of a project manager
As stated above, the majority of drawbacks in planning could be avoided if to use wise Project management. That is why the role of a project manager becomes crucial for any organization or company that is going to start a new affair. Being a person responsible for the success of the whole business, he/she should possess several qualities that should help when planning and carrying out a project.
First of all, he/she should be a good leader who can organize a team a govern its members to achieve great results (Zakaria, Mohamed, Ahzahar, & Hasim, 2015). Being responsible for the final result, a project manager should explain to employees the importance of the given affair and show them the final expectations. It will help to increase the level of their motivation. Besides, he/she should also have the great competence to be able to create a clear and efficient plan needed to accomplish multiple tasks and predict some unforeseen situations. For this reason, planning skills are extremely vital for this sort of specialist (Basic Skills for Project Managers, n.d.).
Yet, to be able to monitor the state of a project, a manager has to possess the necessary technical skills related to the main aspects of the new affair as it will help him/her to trace the projects evolution and guarantee positive outcomes (Kalinova, 2007). Finally, a set of management skills will also contribute to the better projects understanding and result in great success.
In conclusion, the given paper proves the great impact Project management has on the success or failure of an affair. Under these conditions, a manager becomes one of the most important figures as he/she creates the basis for the projects evolution and monitors the most important stages. An experienced project manager, who possess the abovementioned qualities needed to attain success, will help to avoid numerous mistakes and guarantee positive outcomes.
Basic Skills for Project Managers. (n.d.). Web.
Bell, M. (2011). When Projects Go Bad. Web.
Buley, D. (2000). How Projects Go Wrong. Web.
Kalinova, G. (2007). Project manager and his competences (knowledge, skills and attitude perspectives). Slovak Journal of Civil Engineering, 12(2), 29-36. Web.
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Smith, S. (n.d.). Why Projects Go Wrong. Web.
Zakaria, I., Mohamed, M., Ahzahar, N., & Hasim, Z. (2015). A Study on Leadership Skills of Project Manager for a Successful Construction Project. International Academic ResearchJournal of Social Science, 1(2), 89-94. Web.