Often, the CEOs and Founders of the company are in a dilemma when calculating the costs of hiring a project manager. They feel that instead of hiring a project manager, simply explaining the team- how to go about the project and what do they get for delivering an assembled project in time, they can avoid hiring a project manager.
However, the projects might get completed without the involvement of a project manager, but that is a false economy. Because it is the project manager that holds the team and the client together, plans the entire project and its timelines, making sure that the deadlines are met within the given budget.
If you are still skeptical about the importance of project manager for completion of projects in your organization, here are some reasons why hiring an experienced project manager will save you more than you are investing.
- A Project Manager Devises a Strategy for Project Completion
Though completion of a project can be done without a project head or manager as well, there is no way a strategic alignment of clients’ expectations and the team’s efforts is possible without a project manager. Every client has a strategic framework and it is important for the business to adopt a methodology that fits that framework, leaving the client satisfied enough for getting future collaboration opportunities as well.
Moreover, a project manager sticks to the ROI of the project to ensure that real value is delivered by the project on its completion.
- A Project Manager is a Leader Every Project Needs
To direct and motivate the team to achieve organizational goals in order to achieve individual goals is not an easy job and only a trained leader can do so. Therefore, every project needs a PM who is conditioned with incredible leadership skills from the very beginning.
A PM, as a leader, knows how to command attention, align the expectations of the stakeholders, and making them work together for achieving the goals.
Besides, a PM is accountable for anything that takes place in the course of the project, establishing clear channels of communication and leaving no room for misunderstandings.
- A Project Manager Defines the Course of Action
Even if you are of the opinion that just by briefing the project management team about their roles, the end product will be as good as with a project manager, you will be shocked by the amount of trouble it will get you in.
While the Project Management team is completely capable of accomplishing individual tasks, a project is an ensemble of tasks which requires coordination that only a project manager can bring. He/she divides the project into timelines, assigns and allocates resources, and keeps a control on the quality delivered.
- A Project Manager Exercises Better Control
In the absence of a PM, there is no escaping the risk of going over budget, avoiding lapses in time, and wastage of resources. Moreover, there is no one to hold accountable in case of poor quality of the product.
Therefore, a PM is needed in every project, not just for resource allocation, but also for making sure that there are no lapses in time and no money is getting wasted. Besides, a PM sets quality standards for a product, studies the short-comings, and modifies the course of action to make sure that all discrepancies in critical areas are covered.
- A Project Manager Facilitates Change Management too
The organizational environment today has become essentially dynamic and there is no way in which the top level of the can make others adapt to the changes as efficiently as a PM. He/she has a contingency plan in hand and remains in complete touch with the market to have all the potential changes and their solutions handy.
Now that you know how the project manager is crucial for the efficient completion of the projects, it is crucial to hire a PM who is PMP Certified for the best return on investments.
What does PMP Stand for & what do you mean by PMP designation?
PMP is the acronym for Project Management Professional, a certification awarded by Project Management Institute. It is an internationally recognized certification that is valid across all fields. It is the expertise one gains in the field of project management through academic education, experience, and professional training. It enhances the credibility of a professional Project manager.
How many PMP certified people are there in the world?
833,025 professional project managers got certified by Project Management Institute before March 2018. Making PMP® Certification sought-after expertise. Of all the courses offered by PMI, PMP has 93.5% certificate holders, the highest number of whom are in the United States.
What are the eligibility requirements to take the PMP exam?
Speaking of PMP® Certification Eligibility Requirements, a potential candidate has to have:
- A 4-year degree with 4500 hours of leading and directing projects or a secondary degree with 7500 hours leading and directing projects.
- 35 hours of project management education
- A PMI membership (optional)
- Apply for the exam and pay the Examination fees ($405 for members and $555 for non-members)
Finally, the candidate must clear the examination to get certified.
How can I become a PMI Member?
There are a lot of perks of becoming a PMI member such as
- Access to 1,000+ tools and templates
- Save cost on certifications
- Download the PMBOK® Guide for free
- Find jobs with the PM Job board
- Become a part of the PM Community
And for becoming a member, simply log on to pmi.org, pay the one-time application fee-$10, and the annual membership fee-$129. Once you have completed the formalities, you become a member of PMI and recipient of all the perks.
How can I get PMP designation?
Forgetting a PMP designation in a renowned and profit-making organization, you should apply for the PMP® Exam, pay the fees, and appear for the exam. Once you’ve taken the exam, you need to clear it. And viola! You are now a certified project management professional with the liberty to apply anywhere in the world for the post of a project manager.
There you have it! The above pointer will make the decision about whether to hire a project manager or not for an organisation easier.