August 27, 2018
Over the past years, there has been a technological boom in the market and Project Management has quickly become one of the most sought-after processes for an organization’s overall success. Competent project managers who get trained in certain specific certifications ensure that projects are well-designed and structured and completed on time within the set budget and expenditure.
As a matter of fact, by opting for project management you tend to open up a world of possibilities for your career and the project that you are involved in and this is the most ideal way to become an indispensable part of a company. Still not convinced, here are a few more considerations to take a step forward towards this blooming field:
The scope of Project Management is considerably high and it is estimated that by the year 2027, there will be a groundbreaking breakthrough of 87.7 million PMP roles due to increasing demand of project management in various sectors like technological services and publishing, manufacturing and construction, finance and insurance, etc. These sectors are constantly seeking skilled project management professionals as torch-bearers for their respective projects.
Let’s explore some of the key factors determining project management as a good choice for your own career and the organization you are a part of:
Adds value to the organization
In the past few decades, we have been exposed to rapid exponential growth and globalization. There are various factors which contribute towards the overall growth of an organization like technological factors, environmental conditions, global competition, customized requirements of different products and services, etc. An organization which does not respond to such changes is at a potential risk of extinction. It is for this reason, an organization should focus on hiring a project manager who can take the necessary steps to resolve the various issues in an integrated manner. He is the one who facilitates coordination among the different factors and combats upcoming risks thereby adding value to the organization as a whole.
Planning and Scheduling
As a Project Manager, you would understand how to make a plan and work to a schedule. This would give you a better and clear direction to move forward and stick to the timelines. You would be in a position to judge how to manage resources and use them in the most effective and efficient manner. This would definitely assist you in bringing out the best project results with an optimized output.
Foster Team Engagement and Build Relationships
As a Project Manager, you would understand how to foster team spirit and work on building strong relationships among your team members. As a matter of fact, project managers are the ones who are mediators or sole communicators between the organization and teammates. By being an intermediary, you learn to strike a balance between the various factors and encourage your team to coordinate with each other to execute the project right on time. An efficient Project Manager leaves no stone unturned to ensure that the efforts of the team do not go unnoticed in the long run.
Learn How to Control Costs
In project management, you would learn the various processes of how to keep costs under control. A Project Manager is the one who ensures that there is an effective structure in place to control costs. He, along with his team members, is responsible to complete and execute projects within the allocated project budget. In case of any delay in the delivery of a project, a notification is sent to the stakeholders well in advance to avoid last minute surprises. By doing this, you tend to maintain a strong relationship and rapport with your clients and keep the project on track.
Become a Problem-Solver
By opting for project management, you are in a position to gain a better understanding of critical situations and resolve problems with ease. As a Project Manager, you tend to develop a keen eye for business red flags and master the art of fixing issues effortlessly.
Discover your Tangible Value
In project management, you learn not just to communicate effectively to your team members about project requirements, but to also expedite the efficiency of your company’s workflows, thereby resulting in higher and better profits, which would help you know your tangible value. As a Project Manager, you become more focused and determined to ensure that the project is integrated as per the project methodology and right on track in terms of project quality and outcome.
Do you think you have it in you to pursue a career in project management? If you’re serious about it, don’t worry about registering into a Project Management Professional(PMP) bootcamp. You can opt for a PMP online/classroom course which spans the various modules of project management and can help you become a certified Project Manager. So what are you waiting for? Kickstart your project management career by enrolling now!
Jane Thomson is a Content Marketing Manager at GreyCampus with five years rich experience on developing content for professional certification courses like PMP- Project Management Professional, PMI-ACP, Prince2, ITIL (Information Technology Infrastructure Library), Big Data, Cloud, Digital Marketing and Six Sigma.