PROJECT MANAGEMENT. word.pdf

PROJECT MANAGEMENT. word.pdf - Chapter 10 Leadership Being...

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Chapter 10. Leadership: Being an Effective Project Manager. 1. Managing versus Leading a Project. - Managing-coping with complexity: Formulate plans and objectives. Monitor results. Take corrective action. Expedite activities. Solve technical problems. Serve as peacemaker. Make tradeoffs among time, costs, and project scope . - Leading-coping with change: Recognize the need to change to keep the project on track. Initiate change. Provide direction and motivation. Innovate and adapt as necessary. Integrate assigned resources. 2. Managing Project Stakeholders. Project Management Maxims: You cant do it all and get it all done. Project usually involver a vast web in relationships. Hands-on work is not the same as leading. More pressure and more involvement can reduce your effectiveness as a leader. What’s important to you likely ins’t as important to someone else. Different groups have different stakes (responsibilities, agendas, and priorities) in the outcome of a project. Remember: a project management is tough, exciting, and rewarding- endeavor to persevere. Power/Interest Matrix. Network of Stakeholders. Vertical: Influence/power of stakeholders. Horizontal: Interest of stakeholders. 3. Influence as Exchange. The law of Reciprocity. One good need deserves another, and likewise, one bad deed deserves another. Quid pro Quo. Mutual exchanges of resources and services (“back-scratching”) build relationship.s Influence “Currencies” (Cohen and Bradford) Cooperative relationships are built on the exchange of organizational “currencies” (favors). 4. Commonly Traded Organizational Currencies. Task-related currencies. Resources: Leading or giving money, budget increases, personnel, etc. Assistance: Helping with existing projects or undertaking unwanted tasks. Cooperation: Giving task support, providing quicker response time, or aiding implementation.
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Information: Providing organizational as well as technical knowledge. Position-related currencies: Advancement: Giving a task or assignment that can result in promotion. Recognition: Acknowledging effort, accomplishments, or abilities. Visibility: Providing a chance to be known by higher-ups or significant others in the organization. Network/Contacts: Providing opportunities for linking with others. Inspiration-related currencies. Vision: Being involved in a task that has larger significance for the unit, organization, customer, or society. Excellence: Having a chance to do important things really well. Ethical correctness: Doing what is “right” by a higher standard than efficiency. Relationship-related currencies. Acceptance: Providing closeness and friendship. Personal support: Giving personal and emotional backing.
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