The importance of a good Project Manager
The scale of business projects has grown exponentially over the last 10 years as businesses seek to manage expansion, reorganisation and IT development to name just a few. In fact, in the UK it is estimated that we spend £250 billion a year on projects but has the Project Management profession grown inline?
A good project manager is key to the success of any project. This is no surprise to anyone who has watched The Apprentice, but joking aside, their role in defining and monitoring the project plan, encouraging teamwork, maximising resources, controlling cost, ensuring business integration and managing quality is crucial.
In fact, improvements in project management talent is cited as a key reason for the 20% decline in the money wasted on projects and programmes globally in 2016.
With this in mind, there is an opportunity to widen the talent pool that you recruit from, as well as reduce your costs, by considering those that want to work with more flexibly.
Flexible working in Project Management
There are many options for introducing flexible working into Project Management, some of which we list below:
Job sharing: 2 project managers work 3 days a week to share a full time role (with good project governance standards job sharing works well, with minimal handover between job sharers);
Part time: a project manager works 2-3 days per week, perhaps supported by a full time business analyst (this is a great way to employ an experienced PM but reduce costs and develop/mentor more junior staff);
Home working: a project manager works 1 or 2 of their working days from home (reducing reliance on office facilities, and keep the project on track for example using uninterrupted home days to review governance, and focus on forecasting and reporting); or
Compressed hours: a project manager works reduced hours for 5 days per week (again, this can allow a more experienced PM at reduced costs and also creates more focused productive work across the team, for example with shorter more focused meetings etc).
Most of these would result in a reduction in business costs, alongside other direct benefits above as well as succession planning and sickness/holiday cover.
Broader proven advantages of offering flexible working include employee retention and commitment, development of a more diverse senior management team, improved well being and job satisfaction and reduced sickness absence.
So what are you waiting for?
Is your business looking to recruit project managers? Do you want to reduce costs but not lose the experience you need? Do you want access to a much wider talent pool? Let's talk, email us at email@example.com.
Are you a project manager looking for flexible work? We have clients speaking to us about PM opportunities, register with us today.