Successful Project Management thefiftyplusnetwork careerover50 over50career businessover50 over50business 50pluscareer 50plusbusiness

If you are over 50, you may be at the peak of your career. The most successful Project Managers have years of experience under their belts. They have seen it all! A successful Project Manager always shows appreciation and gratitude to his team for a job well done! How do you successfully manage a project to achieve the desired results? We have 5 tips:

  1. Pick a Great Team
  2. Manage Your Budget
  3. Understand Your Customer’s Needs
  4. Manage Your Schedule
  5. Manage Risks

How to pick a great team?

Focus on skills and personality. Team cohesion is critical. The Myers Briggs Type Indicator will help you adjust your management style based on a team member’s personality.

How to manage your budget?

Closely track expenses on a regular basis. The Earned Value Management System (EVMS) integrates costs, schedule, technical accomplishments and risk on a project. It can be painful, but it forces adherence to available resources.

How to understand your customer’s needs?

Maintain close and regular contact with your customer. Using the Agile Methodology incorporates periodic demonstrations and customer feedback.

How to manage risks?

Identify all possible risks and develop plans to mitigate each risk. Risk management sounds boring and unnecessary because you are planning for something that may never happen. However, if catastrophe strikes, you must be prepared!

Do you have any tips for successful project management? If so, share your tips by joining us at thefiftyplusnetwork.com!

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