00:02
Great. Now we know what a project is, a
temporary initiative that is
agreed, planned and executed to achieve a
specific goal.
00:11
So once we have our project and that project
has been selected by the Board of
Directors as the current initiative, it's
down to one person to make sure that
project's execution is successful.
00:23
Can you guess who that one person is?
The project manager.
00:27
That's who. What exactly is their role?
Let's discuss. The project manager is the
CEO of the
project. They will be accountable for the
project success and
for a project to be successful, it needs to
accomplish the specific goal of the project
within the prior agreed time and budget
constraints.
00:48
Everything needs to fit neatly into the
project management triple constraint
triangle, which we looked at in the first
lesson, remember.
00:56
In fact, by assuming the project manager
position for a project, the project manager
implicitly agrees to work within these
constraints and still meet the goal.
01:07
Now that's a big responsibility.
01:09
What if the time frame and budget are
insufficient?
A project manager can't shoot themselves in
the foot and take on a project that is
unlikely to be successful.
01:19
Therefore, when the project management
triple constraints are put in place, they
must be realistic.
01:25
It is the project manager's duty to assess a
project and deem the constraints practical or
otherwise. And if otherwise, they must
demonstrate why to whoever
proposed the project and negotiate for
additional time, resources or an adjustment
to the goal itself.
01:42
Of course, a project manager is well within
their rights to refuse to head a project if
they feel the difference between the set
constraints and the realistic expectations is
too large. In real life.
01:53
However, the time and resources will usually
be just enough to complete the
goal. The project manager's job then is to
best utilize
them. And this is by no means an easy task.
02:06
And often project managers will be
accountable for multiple projects at the same
time. Okay.
02:13
So we've been throwing around the term
accountable, but never actually defined it.
02:18
What does it mean to be accountable?
The formal definition would be to commit to
achieve a certain result and
then deliver this commitment.
02:29
Simple enough, but a lot easier said than
done.
02:34
Let's shed light on the magnitude of this
commitment.
02:39
Project managers are accountable not only
for their own tasks, but also all the
tasks that other parties must work on and
complete.
02:48
This includes the project team members,
support functions, managers, vendors
and other stakeholders.
02:54
Any work that is important for the progress
of the project to achieve
successful completion of the project.
03:00
The manager needs to have full control and
visibility on all project related work and
take actions immediately when identifying
something is not progressing on track.
03:09
They will be on hand to help others overcome
their barriers and keep them motivated
all on top of their personal daily duties.
03:18
Wow. Who would be crazy or brave enough to
take on such accountability?
Your friendly neighborhood project manager.
03:25
That's who. But they do have some weapons up
their sleeve.
03:30
Their skills, knowledge and expertise.
03:33
These will help them make the best decisions
and direct the work in the right direction.
03:38
But more about that in the next lesson.