In any company, profitability is a main concern. Below are a few points to consider when one project manager aims to improve his or her project’s profitability:
So what do you think? Are there any other elements that you have in mind? Feel free to comment and share your ideas.
As we get into the groove of 2015, here are the top five items every project manager should include in his or her checklist.
In project management, it is very important that the manager earn esteem and approval from colleagues. In this kind of industry, respect can be acquired through a good reputation and good deeds. Respect for a leader is one of the main elements that keeps the team moving forward to go the extra mile. If they have respect for you as their leader, then they will be sure to exert the effort to make a project successful.
Support from senior management is essential to be able to successfully carry out an initiative. Let your associates know that top leadership sponsors your project, so that they take the project seriously and will help you succeed.
A successful project is not just driven by leadership support and respect; it is really the team that plays the vital role in the process. Searching for the right people to join your team does not necessarily mean you are looking for the best. The right people are those who can meet deadlines and give quality deliverables within budget and in a timely manner. Look for someone with the skill set that fits well for your project.
Equipped with respect, leadership assistance and people that fit, you are well on your way to success. However, be sure to give attention to good communication since this one binds all the three aforementioned things together. Without good communication, a project will fall apart. People will drift away to new projects that are fresh and cohesive. It is essential to keep everyone in the group talking with each other and updated. Regular meetings can be scheduled to give team members the chance to discuss risks and issues, stakeholder updates, status reports and work in progress.
You make your own luck. Beam out a sense of optimism and eagerness in and around the team. A person that works with positive energy and a sense of purpose generates opportunities and possibilities; the same goes when working or leading a team. Set aside all the reasons why the project won’t work and focus on that one good reason why it will. Bring your projects success by considering the five essential ingredients mentioned above. Think about these things before you kick-start your first project in 2015. Believe me, it’s going to be worth it.
It can be tough to understand and get along with a manager, but following these pointers should help you improve your relationship.
As a professional, you should possess a high degree of belief in your ability to deliver – especially when caught in a high-pressure situation. The business world is not suitable for people who are feeble or faint of heart. Your competition will likely devour you in one piece if you face your business proposals, projects, and strategies with less than 100% confidence.
When you hear constructive advice from a colleague, sometimes you may be thrown off guard and start defending yourself by shooting back meaningless and hurtful remarks. You may eliminate them from your friend list just to slash them away from your professional life. It’s nonsense and childish, but for sure, it happens.
It may be hard to cope with criticism at work. It definitely affects your productivity, but it is very important to know how to deal with criticism in a positive way.
Below are some tips on how to handle professional criticism:
You should learn not to respond immediately to criticism. These observations are unbiased and can be a way for you to improve your ways of doing things. After all, coworkers will not exert so much effort just to get their message across to you if it’s not valid and if you will not benefit from it. You should take some time to listen then decide when it is the right time to respond.
Learn how to embrace criticism as your fuel for change. If someone highlights a problem in your work, view it as an opportunity to innovate and improve. Do not assume that you are right and everyone else is wrong. It never hurts to accept constructive, helpful advice; you just have to take it as it is.
It is always important to keep your cool when others criticize you. Keep in mind that they are not there to attack you personally – they are there to help you make your ideas better. Keep your mind focused on the project and not on your emotions.
It might help to remember that some of the people who comment on your work have probably been where you are at the moment. Superiors would not be where they are right now if they always reacted negatively to criticisms. Look at the brighter side: take constructive suggestions with grace by learning from others’ examples.
You can be the most influential person in a project if you are an effective and confident employee. You are more likely to become a better person and leader than you were if you just know how to take feedback and corrective suggestions.
The Power.ME Web App is new and improved—check out the new updates we’ve implemented today!
We’ve optimized the experience: Features like Search load faster than ever. When opening drawers and folders, your content will display more quickly, giving you those precious extra seconds to increase your productivity.
Power.ME Web will save the last section you visited on the Home Menu; the next time you open the app, you’ll be automatically returned to this section.
You can customize your experience with Power.ME Web so the sections you access most on the Home Menu are the most accessible.
To hide less-needed items from the Home Menu:
Give the updates a try, and let us know what you think.