A person who has the overall abilities for successfully planning and executing any project is called a Project Manager. This designation is widely used in the construction industry, architecture, software development and many different occupations that are based on production of a product or service. A Project Manager should have the capability of asking pervasive questions, detecting unstated hypothesis and determine interpersonal oppositions along with systematic management skills. A project manager is generally a client representative capable enough to determine and implement the exact needs of the client based on knowledge of the representing firm.
The main duty of a project manager is to identify the risk that directly influences the feasibility of success and to measure the risk both formally and informally throughout the lifetime of the project. A successful project manager should focus on the risks that arise from uncertainty. A good project manager should reduce the risk significantly by sticking to a policy of open communication, assuring that every significant participant has an opportunity to express opinions and interests. A Project Manager is responsible for making both small and large decisions, in such a way that risk is controlled and uncertainty is reduced. Every decision taken by the Project Manager should be taken in such a way that it directly benefits the project. Some project managers frequently use project management software to organize their tasks. The Project Manager never participates in the activities that yields the final outcome, but rather struggles to maintain the progress and prolific mutual interaction of various parties in order to reduce the risk of failure. The various activities of project management includes planning, analysis & design of work, risk management, estimation and allocation of resources, organizing the work, acquisition of human and material resources, controlling project execution, forecasting future tendency in the project, quality management, issues management, etc.
The traditional approach to project management involves five different components viz; project initiation stage, project planning or design stage, production stage, project monitoring and control systems, project completion stage. The initial stage determines the nature and extent of the development. The project will be unsuccessful in meeting the business needs, if this stage is not executed properly. After the initiation stage, the system is designed and a small model of the final product is built and tested. A group of testers and end users tests the model. The production stage involves the actual execution of the plan. The completion stage includes the formal acceptance of the project.
KoreOne serves several national and professional associations with the aim of promotion and development of project management and project management profession with highly talented and skilled Project Managers.