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In today's challenging environment the job of project manager requires over and above the managerial task of reviewing performance. It requires necessary leadership skills to deal with the demands of meeting project timelines, keeping cost within budget and achieve required quality standard. The problem is exacerbated when it comes to EPC projects which are having least flexibility of time, Lump sum cost and usually requires higher quality. What competencies in this scenario may help the PM.
Quality - Quality management skills required for the project.
Time - Project planning and scheduling, CPM, Prioritization skills.
Cost - Cost analysis, Negotiation skills, Cost optimization
More than this, he should be a good peoples manager to take all the team members together to a unified goal of succeeding in the project.
I agree with Bakht Rawan. You cannot categorize the skills of a project manager that cost needs this skill quality needs that so on, all of this is interlinked in project management processes. So for each of the item a PM need all the skills at the same time
Project management skills
PMP certified
Planning skills
I suggest that this starts from the project's inception phase by defining clear goals and output specifications and approve the project charter by all concerned party. The planning phase should produce an effective practical plan with built-in risk mitigation tasks. The plan should be simple with one critical path (no more than two) and if that is not the case, split the mega project into smaller more manageable ones. Ensure effective selection of the team members at the planning phase.
For the execution phase, I see that the following skills are mandatory for a project manager to ensure execution within time and within budget:
- Effective communication with team members, project owners, & the customer (if from outside the company.
- Active tracking of project tasks and daily analysis of actual to plan and immediate actions to handle variences.
- Keep management aware of variences, corrective actions and their impact.
- Ensure management's continual support.
- Control the project scop and ensure that any approved changes scope includes replanning.
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no one thing get the project successfully closed, good plan followed by perfect execution.
focusing on how to run the show balancing between the cost with measuring the effort variance and the schedule performance SI, the quality by mesuring the Defect Removal efficiancy and defect denisty ,also keep the first and last word is Customer Satisfaction
All answers are very useful but I think it is:
PROJECT MANAGEMENT TRAININ
which leads towards meet the challenging targets of cost, time & quality in EPC Projects.
if you mean construction civil/infrastructure projects a PM you should have through knowledge and field experiance of every expertise field that is involved in project specialy the legal and local authority aspect the next magical skill is coordination ,infact a better coordination can only make your project zero dependent if you have bad budgeted and tendered project no point of cost saving ....stealing may be:)
EPC projects require integrartion of Engineering (Design), Procurement (SCM & Logistics) & Construction (Civil & MEP). Such projects also carry along lots of risks on account of large scope of work, lot many stakeholders and complexities.
Hence Integration and Risk Management are two major Knowlege Areas which a project manager taking up EPC projects has to take up as major challenges.
Cost, Time & Quality in EPC projects are secondary challenges whcih can be monitored & controled in the execution phase of the project.
Commuincation skill can make difference. pls don't misunderstood communication skill with command and fluency over a partcular language. An ideal PM spents90% of his time in communication. Have you ever thought why?
I would say "Organisational skills" would be the first priority.
