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Plan, forecast, test, implement, adjust, and gauge. You must be team oriented, be able to delegate, and be accountable. Six Sigma practices will keep you on track and your success must be measurable.
Project managers must have the ability and flexibility to execute a plan of action to achieve the tasks/goals at hand with a well thought-out and documented road map. The cliche "Life-Cycle" is an important tool that will help you create, implement, manage, and terminate or adjust during critical stages of any project.
Most projects should have a beginning, middle, and an end that requires you to present the road-map in a formal or executive summary. The project plan outlines each stage of the project during conception, development, and management. Understanding these stages will allow you to reduce the risks and assemble an executive team that can achieve the goals.
Most Fortune 500 companies require Six Sigma Lean practices and project managers should have Power Point or Formal Planning software as defined by WP: Usually has the capacity to help plan, organize, and manage resource pools and develop resource estimates. Depending on the sophistication of the software, it can manage estimation and planning, scheduling, cost control and budget management, resource allocation, collaboration software, communication, decision-making, quality management and documentation or administration systems.
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Summary: Project management is exciting, requires creativity, problem solving skills, organizational skills, and the ability to communicate effectively. You must hold others accountable, appoint others with the proper skill-sets for each tasks, and have the ability to measure each step of the process to ensure you are on the right track and the RIO is justified.