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There are various roles of a Project Manager in an organization and holds a very important position just like a CEO. But unlike a CEO the roles and responsibilities of a Project manager are not just limited to supervising a project. Instead, Project manager takes the holistic responsibility for the project and needs to make decisions without having the direct authority over the people on their team. One of the biggest challenges of a project manager in an organization is to create the right balance between the key indicators of a project, i.e. Budget, Schedule, Resources, Risks and Issues that actually define the success rate of project plan.

Some of the common challenges faced by them during Project Management are:

1. Merely being agile is not enough-

Which methodology to be used and why, is the first most problem faced by any project management. The key for a successful outcome is the practical work that a project management does while directly controlling the 4Ms, i.e. Money, Measure, Man and Methodology.

 Suggested solution-

The appropriate set of methods and the best practices (both conventional PMP tools & new) can prove to be the breather for him and can help in reaching the crucial milestones timely and profitably.

 2. Starting strong- Project management is highly a collaborative role, where in, he has to work as an advocate for its customers. Saying yes to everything and agreeing to all unrealistic conditions of the customer doesn’t always make them happy. For making it simpler you can also use the project management software.

  Suggested solution-

Before making any commitments one shall negotiate with the stakeholders and work on defining the clear product goals, scope and the features. Then communicating those goals and objectives well to the team will help in keeping the entire team on same page of understanding about the project.

 3. Scope creep- It is something unavoidable phenomenon in any project. The vague ideas and continuously changing requirements not only delay the schedule of the project but also kill the zeal of the team working on it.

 Suggested solution-

Well defined scope and goals and objectives from the very start of the project can be a helpful activity for overall health of the project.  By keeping a track of scope changes throughout the project and communicating well with the stakeholder can help reduce such problems while making a project enjoyable and team enthusiastic.

 4. Taking into account unforeseen risks-Most of the Project managers try to save time by avoiding detailed risk analysis and instead remain more focussed on budgeting and resource allocation.

 Suggested solution-

project management shall invest more time in maintaining a risk register and an assumption log that records all assumptions and constraints that could be encountered throughout the project life cycle.

 5. Lack of Accountability- Whenever working with large teams the dependencies become the greatest barrier and the chances of project failure are increased. This in turn results in frequent missing of important due dates and underperformance of the team. So in all such scenario, we should use project management tools.

  Suggested solution-

The changing metrological advancements have given us some great results. All this is again going to be changed by new metrological developments. Nanotech TMI has started all this with its industry 4.0 digitization. The much developed large volume metrology solutions are going to be the ultimate factor in achieving the higher results.

 The manufacturers who are going to implement this revolutionary service in their line-up are the ones who will get the most benefit out of it. In initial times the quality of a product was inspected after the complete production of that unit but in Quality 4.0, the complete emphasis is going to be on delivering the best quality products right from the start of the production. Not only the production but even the internet based things will be kept in mind while implementing this idea of quality 4.0. Cloud computing and real-time connectivity is an issue which can also hinder in achieving a proper quality mark. So all these issues are going to be eliminated with the implementation of modern products that are AI-based, made with the objective of achieving top-notch quality.

 So, Nanotech TMI is going to start a webinar regarding the same in order to promote the uses and immense benefits of implementing the 4.0 digitization and quality assurance. Nanotech TMI is proud of this webinar and is also promoting these same services for better future of quality assurance.