Project manager is an individual who has the obligation and responsibility for correct designing and planning, managing, monitoring and ending of a project. The title of job is used in information technology, petrochemical and various industries that provides and makes services and products (Projectsmart.co.uk, 2013, n.d.)
The manager should own a blend of skills including a expertise to ask technical questions, detect correct assumptions not stated and provides solution to issues/conflicts, as well as other management skills. The essential thing among the project manager responsibilities is the recognition that risk directly influences the chance of success. Also, it includes that this threat be obliged to be both formally and informally quantified right through the tenure of the project (Lundy & Morin, 2013, pp. 45-64).
Risk generates from uncertain reasons, and the expert manager is an individual who is able to minimize or eliminate this risk. Almost in every case, the issues that affect a project create in any ways from risk. A successful manager can minimize risk substantially, usually by following and adhere to the communication policy between relevant people, ensure each participant has an equal chance to tell and express his concerns and opinions (Murphy, 2013, pp. 56 - 65).
It depicts that the manager of project is an individual who has an important accountability for executing judgments and decisions both large and small. It is made in a manner that threat is based on vagueness and controlled decreased by a significant proportion.
The Project managers normally take help of specific project management software, including Microsoft plan, to organize their duties and labour force. Such type of software allows managers of the project to generate charts and reports in a very short span of time, compared with the huge time which it can take if they perform it manually. Their responsibilities and roles include defining and planning scope, activity sequencing and planning, planning of resource, cost estimating, estimation of time, quality control, realization of benefits, team leadership, analysis of risk, documentation, developing and making a budget, managing issues and risks reporting and monitoring, portability analysis, developing schedules and making charts and schedules, etc (Darrell & Love, 2010, pp. 56-63)
2) Key differences between managers and leaders
There is a quote by Warren Bennis, which says: “The manager asks how and when; the leader asks what and why.” Managers have official titles in a company. Leaders, on the other hand, focus on interpersonal information instead of administration (Darrell & Love, 2010, pp. 56-63). These are 4 essential, and central differences exist between the two respective roles, which are as follows:
Creation of purpose
Manager: Focus mainly on plans and budgets. He or she creates timetable, steps for achieving results and hunts for resources to support ...