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The Role Of Project Managers Essay

1118 words - 5 pages

The Role of Project Managers
Project Management as a discipline
For companies finding ways to promote change throughout their organization requires a set of special skills. The skills need to make change happen the right way are project management. According to Author, project management is defined as “the application of knowledge, skills, tools and techniques to project activities to meet project requirements (Schwalbe, 2014)”. The goal for project managers is to make sure that projects meet time, specific scope, cost, and quality goals. For project managers this means using efficient use of resources and strategic alignment to complete projects. Moreover, project managers must ...view middle of the document...

To truly define success, a project manager relies on the perspective of the stakeholder.
High demand industries for project managers
With their specialized skill set, project managers have found themselves in high demand in various industries. Although project managers are in high demand, then need can vary wildly by location and sector (Besteiro, et al, 2015). For example, in 2014 China and India experience a fast growing economy that has caused a need from more project managers. Not only are countries with growing economies looking for project managers, those negatively effected by the global meltdown need good project managers as well. These project managers are needed to convert the organizational strategy into action. As of July 2013, the top open position for project managers was in healthcare IT in the US (Besteiro, et al, 2015). Moreover, the need of project managers can find opportunities in the following industries: energy, healthcare, IT, construction, finance, and aerospace & defense.
General Role of Project Managers across industries
For project managers in the energy industry, their general role requires them to focus less on research and development, and more emphasis on cost savings. Typically, when companies look to cut cost, one of the areas that are cut are long-term projects (Barlow, et al, 2014). Also, with most of the untapped oil supply being found in Brazil, the need for qualified project managers will continue to increase. A recent study has shown that Brazil is second only to Japan in difficulty in finding skilled workers.
In the healthcare industry, the charge for project managers has been to lower cost and improve care. This need is imperative to both the public and private sectors across the globe. For example, in the US, the Affordable Care Act and Patient Protection Act has led to competition in the insurance market. For project managers, the need to boost efficiencies, reduce costs, and improve customer experience, has become a large part of their role. Also, project managers in the healthcare industry need to have knowledge in IT as well, since most projects will use social media, data analytics, and mobile devices (PMI, 2014).
For project managers in the IT industry, there has been more opportunities. According to PMI, in the United States, IT outpaces all outer industries by three to one. With this growth, multinational IT organizations have begun to expand into emerging markets like Africa, Asia, and the Middle East. Project managers in the IT field have to be able to work in a fast pace...

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