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New Project Management.edited

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Running Head: MANAGEMENT 1 Project Management Student’s Name Institutional Affiliation Date Instructor’s Name MANAGEMENT 2 1. What is the role of the project manager at each stage of the Project Management Life Cycle? What skills do you think are most important at each and why? What is the most important phase? Why? A project management cycle is made up of five phases, including Initiation, Planning, Execution, Monitoring/Control, and Closure. Initiation In the initial project management phase, the project manager identifies an opportunity or a problem in the business entity and engages in a brainstorm to invent ways through which the team can undertake the opportunity or solve the problem. During this step, managers identify the primary objective of the project and determine whether they are attainable, considering the current financial resources of the company. For a manager to initiate a successful project, it is essential for them to have good communication skills. This enables a manager to initiate meaningful conversations with their teams hence creating an opportunity for new ideas to be presented. Also, decision-making is another skill that managers need to possess for them to set achievable goals hence avoiding after-action decisions (Harrison & Lock, 2017). Project Planning At this stage, a manager presents the stakeholders with the written plan containing the amount of resources needed to execute the project. This approach is designed to acquire the suppor ...
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