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Project Cost Management

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Project Cost Management
|MBA 513 – Project Cost Management |
|Project Manager: Manager or Leader? |
|How the collaboration of management and leadership skills makes a great Project Manager. |

| Ednaline Concepcion |
|12/12/2009 |

To Be or Not To Be…A Successful Project Manager

There is no question that one of (if not) the most important aspect ultimately determining of project success and completion is the cooperative efforts of those who are serving the project. It is important to also know that the project’s success isn’t necessarily correlated with the performance from the project manager. The success (or failure) of the contracted obligation results from an array of contributions from tiered levels of management, including functional managers, customers, suppliers, and contractors. Let’s compare the project manager to the director of a movie. The finished product cannot just be credited solely to the work of the director. Without the help of the screenwriter, actors, technical crew, makeup, wardrobe, editors, producers and so on, the film would just be idle idea. Understanding and appreciating the dynamics of the supporting forces allows managers and professionals alike to better understand how vital it is to how a well-rounded support system. This can only be achieved through proper delegation of roles and responsibilities within project. As the director, the project manager must recognize the depth of this responsibility and properly orchestrate the necessary means to efficiently and effectively carry out the tasks at hand.

Managing vs. Leading

In a perfect world, the project managers would only



Cited: Gray, Clifford F., and Erik W. Larson. Project Management the managerial process. 2008 ed. Vol. 4e. Singapore: McGraw Hill, 2008. Print. "Lead." Www.sba.gov. Web. 6 Dec. 2009. . "Stakeholder Management." Business Performance improvement software tools and templates. Web. 9 Dec. 2009. .

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