What Do Interim Project Managers Do?
Interim Project Managers are the ones ultimately accountable for the success or failure of a project. Their responsibility is to oversee the entire project life cycle. As such, they can help reduce costs, maximize efficiency, and increase revenue for businesses. The Interim Project Manager's role is often fluid and depends on the organization. In general, tasks are divided into five phases: initiation, planning, execution, monitoring & controlling, and closure.
The Project Manager must define the goals and scope of projects and ensure that they contribute to the organization's overall strategy. In addition, they must plan the project budget and adhere to it. A big part of their responsibilities also includes leading and managing the team, as well as documenting and overseeing the progress of the project.
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Why Hire Interim Project Managers?
By their nature, projects are temporary. Thus, an Interim Project Manager can be beneficial for many projects. In fact, a company can gain many additional benefits from an Interim Project Manager when compared to a permanent employee. Here are a few advantages of short-term hires:
Experience
Interim Project Managers typically have a wide range of experience across diverse industries and projects. Their market knowledge is much deeper than that of a typical Project Manager because they have dealt with many different types of problems in the past. This high level of experience allows Interim Project Managers to contribute fresh approaches and key skills.
Risk Management
Especially for very important projects, hiring an Interim Project Manager can help reduce the risk and costs. Interim Project Managers are also able to deliver value quickly, hitting the ground running. Additionally, an experienced Interim Project Manager is an expert in quality assurance, ensuring timely delivery and high quality.
Leadership
Interim Project Managers have worked with many types of people and in diverse environments. As a result, they are capable of quickly adapting to a team and leading individuals to achieve the best results. A competent leader will teach, motivate, and encourage their team members. Thus, the impact of the Interim's work will last even after they have left.
Outside Perspective
Internal conflicts are a common cause of project failure. Having been hired externally, the Interim Project Manager has a neutral perspective on these situations and can use their interpersonal skills to resolve conflicts. They are not influenced by biases or existing relationships, so they can see the bigger picture. In some cases, this capability can save a failing project.
There are many more advantages to hiring an Interim Project Manager. If you would like to find out more, feel free to contact us at Consultport.
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Tips on How to Hire Interim Project Managers
Interim Project Managers can be highly beneficial to special projects as well as the entire organization. Having an Interim on board will allow the current team to focus on actual project work and relieve them of administrative and organizational duties.
It is important that you have a clear understanding of your goals and objectives before you hire an Interim Project Manager. In order to achieve the specific goals, you should know what qualifications and skills are required.
Interims are usually hired for a specific project or phase, so it is important to clearly identify what expertise the Freelancer should have for this project. Rather than hiring a generalist, you should look for someone with specific experience. Your future Project Manager should also, however, have the following soft skills:
Excellent Communication Skills
The importance of excellent communication skills for an Interim Project Manager cannot be overstated. While keeping within budget and deadlines, the Interim may have to make changes to a project and organize tasks and resources. This is impossible without clear communication, which keeps the project organized.
Task Management and Delegation
It is essential for an Interim Project Manager to be able to recognize team members' strengths and weaknesses. They can then delegate tasks in a way that maximizes the success of the project and gets the work done efficiently.
Leadership Skills
The ability to lead is another important skill for any Interim Project Manager, especially since they are only at the company for a limited period of time. To be effective, the Interim must adapt quickly to the new team and earn their trust. When they are respected, they will be able to more easily lead the team in the right direction, resulting in a successful project.
