PM Is The New ITBy Edward Cone | Posted Monday, May 24, 2010 16:05 PM
by Samuel Greengard
Ask an IT manager what skills are most important for running an organization, and you probably will hear some variation of the following: network administration, virtualization, cloud architecture, security, Web development or business analysis.
All crucial skills. These days, it's nearly impossible to run an enterprise without them.
But what gets lost in the shuffle is that the number one IT skill in today's business environment has nothing directly to do with computers and IT. It's that pesky thing called project management.
Fact is, a growing emphasis on accountability, cost-efficiency and return on investment has positioned project management and project portfolio management (PPM) front stage center.
U.S. News and World Report ranks project management as the number three skill required by business professionals, behind only leadership/negotiation skills and business analysis. Consider it no surprise, then, that PM has gained widespread adoption across a broad swath of industries, including design, engineering, manufacturing, medicine, government, and education.
McKinsey and Company estimates that about $12 trillion of the world's global domestic product is related to projects. This is approximately 20 percent of the total volume.
Are you starting to get the idea? It's big. Really BIG.
Yet, what makes project management so tricky and challenging is that it represents a broad array of strategic and tactical skills. These include life skills such as negotiating, networking, and interacting in a culturally diverse environment; problem solving; critical thinking; an ability to collaborate; multi-lingual skills; and strong oral and writing skills.
In other words, forget geek, think everything else. All the stuff that a lot of people hoped to avoid when they decided to get into IT as a career.
In fact, some universities are introducing specific PM coursework and learning tracks for IT professionals. A few now offer postgraduate degrees.
Don't think for a second that you can skate by without weaving PM principles into the fabric of your IT department.
Anderson Economic Group found that for about 95 percent of organizations, PM improves decision making; enhances communication and collaboration; drives improvements in effective work cultures; aligns practices, terminology and value; boosts management effectiveness; and provides increased transparency, clarity of structure, roles and accountability.
For a good overview of PM best practices read this article.