What is the Real Responsibility of a Project Manager?
Summary
TLDRThe video emphasizes the strategic role of a project manager, akin to a CEO, in achieving business results. It highlights the importance of not just meeting time, budget, and scope goals, but also focusing on execution excellence, adaptation, business focus, and inspiring leadership. This holistic approach transforms project management into project leadership, ensuring success through a combination of these elements.
Takeaways
- 📋 The primary role of a project manager in strategic project leadership is not only to meet time, budget, and scope goals but also to achieve business results.
- 🌟 A project manager is more than a manager; they are a leader, akin to a CEO, responsible for the overall success and business outcomes of the project.
- 🔑 The concept of being a 'CEO of the project' shifts the perspective of project management from a mere activity to a strategic endeavor aimed at business creation through teams.
- 🛠 Execution excellence is fundamental, but it must be combined with other elements for successful project leadership.
- 🔄 Adaptation is crucial; the project must be tailored to fit the right context to ensure success.
- 🎯 A strong business focus is essential for a project leader, requiring strategic thinking over operational.
- 📈 Project leaders need to develop their own project strategy and understand the business context to drive the project towards achieving business results.
- 💡 Inspired leadership is vital; project leaders must learn to inspire their teams to foster a culture of innovation and commitment.
- 🔗 Project leadership involves a combination of execution, adaptation, business focus, and inspired leadership—all of which are necessary for a successful project.
- ⚠️ The absence of any one of these elements can lead to project failure, highlighting the importance of a holistic approach to project management.
- 🚀 Project leaders are energized and intelligent individuals capable of grasping and implementing the complex but achievable aspects of strategic project leadership.
Q & A
What are the primary responsibilities of a project manager in strategic project leadership?
-In strategic project leadership, a project manager is responsible for meeting time, budget, and scope goals, but also for achieving business results, which is the ultimate goal.
Why is the project manager described as a leader and not just a manager?
-The project manager is described as a leader because they are responsible for achieving business results, which requires a strategic mindset and the ability to inspire and guide the team, similar to the role of a CEO.
How does the role of a project leader compare to that of a CEO in a company?
-A project leader is likened to a CEO because both are responsible for ensuring the success and achievement of business objectives within their respective domains.
What is the significance of viewing project management as a creation of business through teams?
-Viewing project management as a creation of business through teams emphasizes the importance of collaboration, strategic planning, and a business-focused approach, rather than just completing tasks.
What are the key elements that a project leader, as a 'CEO of the project', needs to combine in their work?
-The key elements a project leader needs to combine include execution excellence, adaptation to the right context, maintaining a business focus, and providing inspired leadership to the team.
Why is execution excellence not enough for a project leader to achieve success?
-Execution excellence alone is not enough because it does not encompass the strategic thinking and business-oriented approach required to achieve the broader business results beyond just completing the project.
What does 'adapting the project to the right context' mean in the context of project leadership?
-Adapting the project to the right context means understanding and responding to the specific environment, challenges, and opportunities that the project faces, ensuring that the project strategy aligns with the current situation.
How does a project leader maintain a business focus while managing a project?
-A project leader maintains a business focus by thinking strategically about the project's impact on the business, aligning project goals with business objectives, and making decisions that drive business value.
What is the importance of strategic thinking in project leadership?
-Strategic thinking is crucial in project leadership because it allows the project leader to consider long-term goals, anticipate changes, and make decisions that will contribute to the overall success and sustainability of the business.
How can a project leader inspire their team to achieve business results?
-A project leader can inspire their team by setting a clear vision, communicating effectively, recognizing achievements, fostering a positive work environment, and empowering team members to take ownership of their work.
What are the potential consequences if a project leader fails to combine the necessary elements of project leadership?
-If a project leader fails to combine the necessary elements, the project may fail to achieve its intended business results, leading to wasted resources, missed opportunities, and potential damage to the organization's reputation.
Outlines
📚 Strategic Project Leadership and CEO Mindset
The first paragraph emphasizes the evolution of the project manager's role from a mere manager to a strategic leader, akin to a CEO. It discusses the importance of achieving business results beyond traditional project goals of time, budget, and scope. The project leader, as the 'CEO of the project,' must focus on execution excellence, adapt the project to the right context, maintain a strong business focus, and inspire leadership within the team. The speaker highlights the shift in perspective from project completion to business creation through teams, and the necessity of combining these elements for successful project leadership.
Mindmap
Keywords
💡Strategic Project Leadership
💡Project Manager
💡Business Results
💡CEO
💡Execution Excellence
💡Adaptation
💡Business Focus
💡Strategic Thinking
💡Inspired Leadership
💡Combination of Elements
💡Energized People
Highlights
The project manager is responsible for meeting time, budget, and scope goals.
Project managers should be leaders, not just managers, focusing on achieving business results.
Strategic project leadership involves more than just completing the project; it's about creating business value.
A project leader is like a CEO, ensuring the project achieves its business objectives.
The role of a CEO in a company is to ensure business success, and similarly, a project leader is the CEO of their project.
Project management is transformed from an activity to a strategic leadership role.
Project leaders need to combine execution excellence with adaptation to the right context.
Adaptation is crucial for aligning the project with the appropriate business context.
Business focus is essential when managing a project for business results.
Project leaders must think strategically about the business to achieve desired outcomes.
Leadership involves inspiring and motivating the team to achieve project goals.
Inspired leadership is a key element in the combination of skills needed for project leadership.
Project leaders are energized and intelligent, capable of mastering the complex role of project leadership.
Combining execution excellence, adaptation, business focus, and inspired leadership is critical for project success.
If any of these elements are missing, the project may fail, highlighting the importance of a comprehensive approach.
Project leadership is a dynamic and complex role that requires a multifaceted skill set.
The concept of project leadership as a CEO role simplifies the understanding of the responsibilities and expectations.
Transcripts
one of the major elements in strategic
project leadership
is the responsibility of the project
manager we usually say the project
manager is responsible
for meeting time budget and scope goals
well
as i mentioned already before that's not
enough it's strategic project leadership
our goal is to achieve business results
and that's why the project manager is
not a manager he or she is a leader
and the leader is responsible for
achieving the business results
in order to illustrate what does this
mean we say a project leader is like a
ceo
you are the ceo of the project
what is the job of a ceo in the company
is to make sure the company achieves the
business
in your project you are the ceo very
simple
that
simple concept changes the way we look
at project management now it's no longer
an activity that has to finish the
project it is creation creation of
business through teams so planning and
teams and business focus
so in order to do this the project
leader who is now this ceo is combining
it's combining several elements in his
or her work it's combining first of all
execution excellence that's the old one
but in order to achieve this he or she
has to focus on adaptation adapting the
project to the right context
number three
business focus
when you are managing a project for
business results you have to think about
the business when you think about the
business you think strategically rather
than operationally
and that's why you have to deal with
your own project strategy with your own
business context and the number four
element in this combined
issue is the leadership inspired
leadership inspiring leadership you
gotta learn to inspire your team
so we have turned project management
from an activity that is focusing on
finishing project to a whole new world
of project leadership that involves
combination of things if you're not
combining these things if one of them is
missing your project may fail just
because of one of them so it's a bigger
context it's more complex but it's
possible because project leaders are
energized people intelligent and they
can pick it up
thank you
Посмотреть больше похожих видео
What is Project Manager? Project Manager Responsibilities and Role - AIMS Education
006WHA~1
Odoo's Implementation Methodology
Project Management Principles - 7 Basic Principles of Project Management - AIMS Education
How I Plan All of My Projects 🎯
The Role of a Project Manager: Project Management Responsibilities
5.0 / 5 (0 votes)