Project Management: Is It Right for You?

According to the Project Management Institute (PMI), 74 percent of all projects fail, come in over budget or run past the original deadline every year, resulting in approximately $75 billion spent on failed projects. Why? The main reason is because organizations have historically failed to realize the importance of having a highly skilled and experienced project manager on staff. However, the perception regarding project management is quickly changing. Companies now recognize that successfully managed projects increase productivity, yield a greater return on investment, increase profits and improve customer service. In fact, in a study conducted by Meta Group Inc., more than 75 percent of the 219 IT executives interviewed indicated that a lack of in-house project management skills is a major workforce issue for their organization. This realization is driving the demand for IT project managers. But before you decide that project management is the career for you, you must ask yourself if you have the right skills to be successful in the role.

Do You Have the Essential Skills?
When most people hear the title “IT project manager,” they think of someone with technical skills, and they should. Technical skills are extremely important when you are managing technical people. You need to speak the language of the IT staff working on the project and understand their tasks and their role in completing the project. However, technical aptitude is not the key to a project manager’s success. An IT project will not succeed unless it is managed by a…


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