oThere are many reasons to hire a project manager to complete projects on time and on budget. Project size doesn’t matter; even small projects can benefit when existing staff don’t have the bandwidth to manage them. Here are some primary reasons for hiring this type of service:
Project manager oversees plans and resources
A project manager helps plan the project and makes sure needed resources will be available. But more than that, an experienced project manager has insight into how to manage the planning project. They may be aware of resource needs you haven’t thought about. This can save time and money as the project goes on.
Budgets
Preparing a project budget is a critical factor in its success. A good project manager understands the ins and outs of budgeting and will keep a close eye on how the budget is doing as the project goes on. This prevents unpleasant surprises late in the project—or foresees when the budget needs to be revisited because of project scope change that not only changes the project, but the project’s budget.
Communication
Communication is a key factor in a project’s success. Keeping the right people informed is important, as is making sure the right person gets the right information. A CEO needs different types of information than the marketing manager does. Keeping close watch on communication and keeping channels open and flowing is key.
Timelines and deadlines
Projects can have several components that are being handled by different people. A project manager develops a project plan timeline showing the deadlines for various aspects (and who’s responsible for them) in order for the entire project to be completed on time and on budget. They also communicate with everyone involved about the status of those deadlines and any changes that take place along the way.
The project manager is ultimately responsible for seeing that projects are delivered on time, on budget, and within scope, managing all the moving pieces and parts.
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