Principles of Project Management

Running head: PRINCIPLES OF PROJECT MANAGEMENT
Principles of Project Management
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2PRINCIPLES OF PROJECT MANAGEMENT
Initial post
Project management is referred to as a process that is used to manage and execute any
project successfully within primary estimated time and budget, It has been determined success
and failure of any project is partly dependent on the leadership and managerial qualities of the
project managers. The project manager requires giving efforts and also should influence the
project team members. Considering global project management context it has been determined
that, managers associated to any project should possess particular personal traits. In order to
become one of the most effective and inspirational associate the project manager must have
leadership trait and should lead the project team members and other associates. Besides this, a
project manager must have a trait of good decision maker. Good decision making power will
help to reduce negative attitude among the team members.
In addition this, a project manager should possess problem solving power. Appropriate
problem solving and risk resolving capability will improve the team collaboration. A good
project manager requires possessing certain important managerial traits and qualities. These
qualities will help the project managers to become a successful person. In addition to this, the
other trait which is essential for a project manager is a good communicator. Professional and
effective communication is the best way that helps to create strong relationship among the
project team members. Integrity is referred to as one of the most crucial components that a
project manager must keep in mind.
I was assigned in a project for installation of an Information System in a retail store. The
project was little complex because it was about installation of an information system in an
organization which holds older infrastructure. Different processes are there can be used by a