Teamwork: to carry out the project, the Project Manager first of all needs human resources. He must therefore build a team of people with adequate and functional skills for the project, selecting them from among the company's workers or referring to consultants and external staff. Once the working group has been created, the Project Manager will assign tasks and deadlines (providing the tools to collaborate and minimize external interference), organize meetings and meetings, individual and group, to monitor the progress of the work, always ready to intervene if the tasks need to be reorganized or the roles of the group revised. Likewise, it will then manage contact with all the contacts outside the team - suppliers, customers, investors and stakeholders.

 

Budget, estimation, management and monitoring: essential for the success of a project is that the Project Manager knows how to accurately assess the amount of the investment required, while staying within the budget. It is therefore necessary to carefully calculate the costs of the tools necessary for the realization of the project, such as machinery, plants, software, raw materials, logistics, personnel, advertising. Once the financial resources have been received, the Project Manager must constantly check that the use of the budget is in line or below the forecasts, ready to eventually modify the project itself to fit within the limits of the planned investment.

 

Time management: as important as costs, the times for the realization of a project must be estimated and managed with the utmost care. The various phases must be divided into fixed periods, with due planning on the calendar, which will always be monitored step by step, so that the result is achieved within the foreseen deadline.

 

Crisis Management, management of problems (issues) and risks: the Project Manager, in particular, must face and solve the problems that occur in the shortest possible time, thanks to an in-depth examination of the situation and the identification of concrete solutions. At the same time, it is called to carry out a constant analysis of the risks, of the potential problems that could arise, studying their eventual nature and immediately preparing an action plan to counter them should they occur.

 

Information gathering: to do all this, the Project Manager needs to have all the most useful and necessary information possible. He must therefore define the main data, the relevant indicators, "Key Performance Indicators" or KPIs, the Key Performance Indicators, the metrics to monitor, so as to check the progress of the work at any time, making sure that everything is proceeding as expected. expected and that the planned times and costs are respected.

 

Creation of periodic reports: precise and detailed documentation with which to communicate the situation of the project to both your team and stakeholders. The team, in fact, must have detailed information and receive feedback on the work carried out and, similarly, the stakeholders must be informed about the general progress of the project, to guarantee their results compliant (or superior) to quality expectations and satisfactory from the point of view. of the ROI, of the "return on investment".