Project management is a very hands-on job that requires specialized skills in order to accomplish tasks successfully. Project managers that are not well-trained or well-grounded in their jobs will generally cost their clients deeply. They will have difficulty in properly scoping out projects, carrying out accurate cost estimates, completing projects within a reasonable timeline or even having the skills and the capabilities to successfully execute projects. This is why it is very important to invest in project management training for your organization.
The organizations that invest in project management training generally derive lots of benefits and are able to save on costs while realizing maximum returns on investments when it comes to the execution of their projects. Good training in project management skills means that your organization is better equipped to meet challenges in a business environment that is constantly evolving and which requires versatility, knowledge and innovation in order to maintain a competitive edge.
At the end of the day, projects are managed by people and you therefore need skilled people in order to ensure that your projects are carried out to success and in a way that justifies the investment. At the end of the day, a good project should generate value for the stakeholders. So it is not just a question of project completion but of making it useful to the organization after the completion.
When you are planning project management training in order to improve the capabilities of your team, there are two main approaches that you can undertake. The first approach entails instituting an in-house PM training program while the second approach involves hiring an expert PM training provider in order to offer professional training and inject some fresh ideas into your project teams. Each of these has its pros and cons and it is important to evaluate these when you are mapping out your project management training needs.
In-house PM training
Some companies have instituted in-house talented development programs that equip their staff with the requisite PM skills in order to perform at the highest levels. Where your organization already has this, it is important to strengthen it even further by incorporating the services of external providers and even certifications in order to provide your project teams with globally certifiable skills that they can apply even outside the organization.
The use of external training providers
This is one of the most prudent routes that you can take when it comes to project management training. Choose a reputable and well recognized training provider and higher them to offer professional training to your teams. Before choosing an organization that you will work with, it is important to carry out a good review of their reputation, track record and capabilities before you hire them for the task. Ensure that they have met the rigorous requirements that you have set so that you can have a service provider that will offer you a top quality project management training that your project teams can count on. Good training will not only increase your internal capacities, it will also offer you a vote of confidence from many potential clients assessing your capabilities.