6 benefits of taking a project management course
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Why effective project management is a lynchpin of the UK's 'levelling up' agenda
Why Do You Need Change Management?
Your knowledge of project management means that your employer can look to you to be part of, or deliver, the various workplace projects that are necessary in organisations. Project management gives you the skills to identify and spearhead projects, meaning you have the capacity to improve your workplace and outputs.
Is this certification worth it? YES, according to statistics from the PMI itself, a certified PMP could experience a 20% paycheck increase. That is also my personal experience when I got certified. Other project managers have also admitted that the ROI you get after getting a PMP certification makes it worthwhile.
It gives you repeatable processes, guidelines and techniques to help you manage the people and the work involved in your projects. It can increase your chances of success and help you deliver projects consistently, efficiently, on time and on budget.
Project management is a fantastic skill to have because it's in demand but also because it helps you in other areas of life too. Having transferable skills like planning, team leadership, and communication help future-proof your career and make you more marketable.
Taking a project management course not only benefits you, but it also has the ability to benefit the people you lead. You will be better organized, giving your teammates a clearer path to success. You will be better equipped to hone in on any roadblocks or risks and manage them before they snowball.
If something is good and fast, it will likely be expensive. With project management training, you will be able to manage your resources better. For example, If something needs to be done well, you will know to contract the job early on so it can be completed at a slower pace for a cheaper price.
2. Give you an edge.
Project management is essentially the practice of turning ideas into reality. Learning how the pros plan, budget, prioritize, and execute projects will help you do the same in your personal and professional life. A goal without a plan can set you up for hours, weeks, or even months of busy work. However, if you approach your goals ...
Industries such as engineering, healthcare, financial services, technology, and law require people who have a high level of organizational and leadership skills. Skills that project managers are trained to develop.
You may already know about the fundamentals of the triple constraint — no project can be fast, cheap, and good. If something is fast and cheap, it will likely be low in quality. If it’s cheap and good, it will likely be slow to complete. If something is good and fast, it will likely be expensive. Image source: GoSkills.
It’s also worth noting that your salary potential grows if you decide to get certified. According to PMI’s tenth salary survey, “respondents holding the Project Management Professional (PMP)® certification report higher median salaries than those without a PMP certification ―23% higher on average across the 37 countries surveyed.”
Another reason why clients take up project management training is running into problems while handling a project. Often, if you do not have the necessary skills at the beginning of a new assignment, it is very difficult to identify challenges until it is too late. In such instances, the clients are very curious to know how they can best handle the problems they are facing without compromising the success and integrity of the assignment.
It is also very helpful when it comes to identifying and handling challenges.
The current trend is that more companies have realized the value of project management training programs. That said, their particular companies in their respective fields of work are sending out more and more professionals, so that they can take up the training program. Project management has become such a diverse field that there is a variety ...
In some cases, the certification is a company requirement while, in other instances it is a personal goal. In both cases, the attaining of the certification at the end of the training program is a great achievement that increases the individual’s market value and opens up greater avenues at the work place.
- These are some of the factors that organizations come across frequently in today’s economy. If the organization doesn’t respond to these changes, it puts the self in a big potential risk. – May risk its existence in future. So, analyzing these risks & managing them well to ease necessary changes is much a need. A project manager is responsible to lead various small or large complex projects. A skilled PM professional knows – how to identify, assess and manage risks, while on a project. He is proficient at deploying the necessary changes in an integrated manner. He facilitates the necessary changes by involving necessary stakeholders. This way, project manager is an individual, who adds value to an organization. He helps organization combating upfront risks. And prepares it for sustenance by warranting the achievement of project goals .
Demand & Future prospects: PM professionals are high in demand, as discussed earlier. Due to emerging need of PM oriented jobs, there will be bunch of requirements of these skilled PM workers. So choosing this career will bring you lot of career opportunities.
By 2027, there'll be a need of filling breakthrough 87.7 million PMP roles – quite an exciting figure, isn’t it? Due to increased demand along with high attrition (because of many retirements), there will be huge job opportunity for a project management role in coming future in variety of sectors, including manufacturing & construction, Information services & publishing, finance & insurance, management & professional services, utilities among others.
Because Project Managers deal with lot of people. They leave no opportunity to encourage and hand hold their project teams. And they ensure that their teams’ effort should not go unrewarded in the end. Controlling cost overrun: Project manager ensures to control cost overrun.
Deploying changes: Project managers are also responsible for implementing and deploying necessary changes. Till the time changes get incorporated and standardized, project managers take the onus. Thus sometimes they are called as change agents also.
Ensuring quality as expected: They make sure to maintain the project quality at the top. They ensure that project outcomes should meet or exceed the needs of stakeholders including end customers and users.
Planning & scheduling: Project managers plan and schedule before executing the project. Which sets the direction to them – how to move forward and adhere to the timelines.
What if you doubt you’ll have enough time for a PM class? In this case, the best course of action for you is to keep reading and compare the pros and cons of taking a PM course. Then, you’ll see whether it’s better to choose a project management course over something else.
At the end of the day, project management competencies are invaluable both as life skills and as professional soft skills. Taking a course on this subject will make you more organized, goal-oriented, and productive, both on your own and as a part of any team. What’s not to like?
A degree in project management teaches you how to systematically break a larger problem or project down into smaller chunks of manageable work that will eventually lead to culminating into the completion of the entire project. Any project manager knows that the following steps are important: 1) define the plan; 2) establish a schedule; 3) enforce teamwork; 4) maximize resources; 5) streamline processes; 6) control costs; and finally 7) assure quality. When a project moves from start to finish with these steps in mind, then the majority of the time the project will be a success.
It may also help you to advance in your career. Most project managers have at least a bachelor's degree.”. Investing in your career and future is important. Knowing what kind of degree will set you up for success is important, too.
A high salary is an attractive part of working in project management, but perhaps the most rewarding feature of working in this specialty is the ability to move upward or change positions within a multitude of different industries. A project manager can develop skills in managing one type of project that are transferable to other types of projects. “The key to successful leadership today is influence not authority,” says Kenneth Blanchard, a leadership and management author. Upward mobility still exists in many fields and that is often achieved by wielding your skills and influence effectively.
Project management involves setting project goals, establishing tasks and a timeline for completion by assigned parties, evaluating progress and making adjustments as needed to ensure that clients, internal or external, achieve their desired results.
Karen Schweitzer, for Thoughtco.com, writes, “A degree isn't absolutely necessary for an entry-level career in project management. However, it can certainly enhance your resume.
Whatever your dream career is, there is almost no doubt you would benefit from investing in a project management degree. It’s a versatile degree that gives students the skills needed to be a highly trained and attractive employee and an asset to any team. "Those who plan do better than those who do not plan even though they rarely stick to their plan,” said Winston Churchill. Whatever industry you want to work in, if planning and executing a plan is your niche, then a degree in project management is for you...
Having a good understanding of the elements of project management and being able to apply them in your current role as a project manager will give you an advantage over your competition. When you equip yourself with the project management skills, you will improve your risk assessment ability so that you can spot red flags and mistake early enough. Also, it also increases your credibility so that you can land new roles with ease.
With the right project management knowledge, which you can gather from an array of courses online. Will help you understand the new ways of going about different kinds of projects with a better plan, execution strategy and be able to measure the success of your project team.
Communication is one of the principles that you will be equipped with when you take up a project management course. It is actually pivotal to the success of your project. Taking up a project management course such as an APM PMQ training will help you further streamline your communication channels to ensure efficiency and effectiveness of your project. Communication also goes a long way when it comes to understanding your team members and even delegating tasks whenever there is the need.
In some instances, projects may not turn out as envisioned. For example, you may miss deadlines, the expectations of the project change somewhat and even resource allocation goes a little wrong.