Organizations generate revenue by successfully executing projects with the help of successful project managers. In a nutshell, projects are business undertakings agreed upon by your organization and a business looking to commission products or services in exchange for compensation. Project completion is how revenue is built and pushes organizations into profitability.
A global project management report revealed 97% of businesses believe project management is the driving force behind corporate success and elevated performance. Project managers provide direction for employees to execute actions required for successful project completion. They offer an added layer of verification that ensures the tasks completed are up to standard and in line with business objectives.
Picking the right project manager can change how your business operates and grows. You need to look at your organization’s requirements and introduce an individual that not only enables business development but amplifies it.
Different Types of Project Managers
There are predominantly four types of managers that employ one of seven different management methods. Each type of project manager comes with their own set of strengths and weaknesses. Let us take a look at the different types of project managers in detail.
Technical Project Managers
Technical project managers excel at ensuring project specifications are met, and work is executed meticulously. They offer strong knowledge bases with a hard description of what is necessary and what is not. Technical project managers focus on deliverables and monitoring KPIs (key performance indicators). They have a strong detail-oriented nature and approach concerns with a strong problem-solving mentality. Additionally, they offer critical thinking skills that deep dive into decision-making processes.
Technical project managers make for great practical additions to any organization.
Adventurous Project Managers
Looking for a risk taker? Adventurous project managers use their expertise to guide businesses into uncharted waters. These managers are not afraid of new challenges and environments. They keep one hand in their organization moving internal activities while simultaneously keeping one hand in the market to stay afloat on the latest and greatest. There are situations where the risks do not pay off, and the company endures a loss. They take these moments as part of a learning curve. Failure does not discourage adventurous project managers from trying something new again.
Adventurous project managers bank on their vast knowledge pools and comprehension of organization boundaries to make decisions that work towards company goals. Decisions may be new, but they are never impulsively pursued.
Expert Project Managers
Expert project managers gain their name from the abundance of experience and knowledge they carry with them. They offer a happy medium between adventurous and technical project managers. Moving beyond strategic boundaries is done with extreme caution and care. The decisions made may be out of the left field, but they come with a meticulous strategy for execution and ensuring success. Extensive evaluations of data pools bring expert project managers exceptional business opportunities and positive results.
Additionally, they gain their comfort from understanding business directives and use their prior experience to expand and evolve. Their objective is to consistently encourage upper management to pursue opportunities that are lucrative and encourage growth in all capacities. They have complete control over project management methods and are able to pick and choose what to implement based on prospective success and necessity.
Supportive Project Managers
In general, project management is a combination of three components; processes, people, and technology. Supportive project managers place a strong concentration on understanding the people or employees of a business. As a result, they bring together the processes and technology to ensure the employees feel well looked after even in a corporate environment.
They believe the foundation of a great company comes from strong communication and teamwork. They aren’t afraid to share responsibilities and act as the staff’s greatest cheerleader. They also believe when employees feel their best, they perform their best. Building a bond with team members and introducing a strong foundation of trust and communication, in their opinion, facilitates the delivery of exceptional performances.
In organizations that believe in wholesome, family-style methods of business and supportive project managers thrive.
Which Type of Project Manager is Suitable for Your Project?
If you’re having a hard time deciding what project manager is right for a project and your organization, there are two main factors to consider;
Every business is different. They could have organizational goals that range from large pools of revenue to make a difference to the local community. The mission and vision being worked towards is a guiding light towards the kind of manager your organization needs. Additionally, looking at the industry your business is in, can help make the decision simpler as well. For example, businesses in the IT sector tend to be very detail and result-oriented, making it an ideal fit for technical project managers. On the other hand, NGOs or organizations in a more charitable field may benefit from introducing a supportive project manager.
Look at the project your business is undertaking. What is the mindset required for successful completion? If a project involves many new concepts that would make traditional thinkers uncomfortable, introducing an adventurous project manager can keep the momentum going. If the project requires strong expertise and a perspective that extends beyond immediate benefits, look to introducing an expert project manager for an educated 360-degree perspective. Understand the undertaking before putting a professional in charge of execution. Your project manager sets the tone of the project. Choose wisely.
The success of a project is heavily dependent on the guidance offered to the team executing. A project manager is a secret to success in this scenario. With the different types of project managers, what type of project manager provides the best results? Look at your organization’s culture and requirements. Amidst the four types; adventurous, expert, technical, and supportive, there is a leader for every team and every project.
Before making a firm decision, consider the angle your project needs to be tackled for successful completion. The answer to the best type of manager for your project is always correct in front of you. I hope you found this article on ‘Different Types of Project Managers” interesting. You can get to know more about project managers and project management in general by enrolling in our project management courses.