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10.1 Managing versus Leading a Project.
Managing | Leading |
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Stakeholders: people and organizations actively involved in the project/whose interests may be positively or negatively affected by the project.
External | Internal |
Stockholders Community Creditor Government Supplier | Owners Employees Management Consumers Investor Sponsor + team |
Project management Maxims:
You canât do it all and get it all done - wonder woman ka?
Hands-on work is not the same as leading - more pressure + more involvement = lack of effective leadership
Whatâs important to you is likely as important as someone else - what if siya ang importante sakin? busit busit EME
10.3 Influence as an Exchange.
Law of Reciprocity:
One good deed deserves another
Quid pro Quo:
Mutual exchange of resources and services build relationships âyou scratch my back, Iâll scratch yoursâ
Influence "Currencies"
Cooperative relationships are built on exchange of organizational currencies/favors.
Task Related Currencies
TaskâRelated Currency | Description |
Resources | Lending or giving money, budget increases, personnel, and so on |
Assistance | Helping with existing projects or undertaking unwanted tasks |
Cooperation | Giving task support, providing quicker response time, or aiding implementation |
Information | Providing organizational as well as technical knowledge |
Mapping Stakeholder Dependencies:
Project teamâs perspective:
Whose cooperation will we need?
Whose agreement or approval will we need?
Whose opposition would keep us from accomplishing this project?
Stakeholderâs perspective:
What differences exist between the team and the people on whom the team depends?
How do the stakeholders view the project?
What is the current status of the relationship the team has with the stakeholders?
What sources of influence does the team have relative to the stakeholders on whom the team depends?
Management by Wandering Around (MBWA)
Managers spending most of their time outside office for face to face interaction building cooperative relationships - ârelationships should be built before they are neededâ (hahaâŚokay sabi nyo yan ih)
Characteristics of effective PMâs:Â
Initiate contact with key stakeholdersÂ
Anticipate potential problems
Provide encouragement
Reinforce objective and vision of the project
Intervene to resolve conflicts and prevent stalemates (no progress)
Managing upward relations
Top managements to motivate success must:
Provide an appropriate budget
Be responsive to unexpected needs
Send a clear signal to others in the organization of the importance of the project and the need to cooperate
Rescind unreasonable demand
Provide additional resources
Recognize the accomplishments of team members
Ethical dilemmas: situations where it is difficult to determine whether conduct is right or wrong
Padding of cost and time estimations
Exaggerating payoffs of project proposals
Falsely assuring customers that everything is on track
Being pressured to alter status reports
Falsifying cost accounts
Compromising safety standards to accelerate progress
Approving shoddy work
10.6 Building Trust: The Key to Exercising Influence.
Trust (yan kulang namin haha): is an elusive concept
Trust (san ako nagkamali sa trust?):: is a function of character (personal motives) and competence (skills necessary to realize motives)
Trust (haha T^T) : is sustained through frequent faceâtoâface contact
The core of highly effective people is a character ethic
Consistency: more predictable
Openness: more receptive to others
A sense of purpose: what is best for the organization and the project
10.7 Qualities of an Effective Project Manager.
Advice sa mga jojowain ako ;)
Effective communication skills
Systems thinking
Personal integrity
Proactivity
High emotional intelligence (EQ)
General business perspective
Effective time management
Optimism
Contradictions of PM:
Innovate and maintain stability
See the big picture while getting their hands dirty
Encourage individuals but stress the team
Be handsâoff / handsâon
Be flexible but firm
Manage team versus organizational loyalties