Maximising Efficiency: Key project management skills to help you do more with less

Businesses are facing many challenges. They have fewer resources, supply chains are being disrupted, costs are increasing, global economies are seeing a decline in growth, and consumer spending is also being affected by inflation and the cost-of-living crisis.

We work with more than 5,000 L&D teams worldwide, and many are now asking: “How do we do more with less?”

One way to tackle this is by improving and upskilling teams in project management, as it can help organisations to:

• Make an impact across the business and enable success
• Maximise team efficiency
• Preserve resources
• Reduce and control costs
• Ensure projects run on time
• And ultimately do more with less

The core project management skill areas your teams need

Over the past few years, organisations invested speculatively in the future – and we saw a sharp rise in demand for digital transformation and digital skills.

Whereas now, while digital skills are still required, businesses should be looking to develop core project management skills to support them deliver better outcomes, including:

• Planning:

  The foundation of every successful operation or project – and a core skill that enables teams to do more with less. This includes planning the project schedule and timelines, allocating and budgeting resources, managing costs and much more

• Time management:

  One of the most important aspects of doing more with less, as it helps you ensure you’re hitting essential milestones, completing projects on time and not wasting time unnecessarily

• Risk management:

  This is crucial to helping you anticipate and promptly address potential issues that could impact project success. It involves risk identification, analysis, response planning, monitoring and control. Which helps to prevent costly mistakes, reduce rework, and avoid delays