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Five Project Management Fundamentals: 1) Conception & Initiation. This is the most crucial project management fundamental, 2) Definition & Planning. The next step is defining and planning, 3) Launch & Execution, 4) Performance & Control, 5) Project Closing.
While a project manager spends approximately 90% of their time on communication, the remaining 10% is dedicated to various other critical tasks that ensure the smooth execution and success of the project.
As a project manager, you carry a lot of responsibility without full control over every variable. You don't always set the budget or choose your team, but when something slips, you'll likely be the one expected to explain it.
L1 L2 L3 planning refers to different levels of project planning, with L1 being high-level strategic planning, L2 being more detailed planning, and L3 being the most detailed and granular planning.
AI will not fully replace project managers, but it will revolutionize the role, with a strong focus on automating administrative tasks, risk tracking, and reporting. Instead of replacement, AI will act as a force multiplier, making strategic, soft-skill-driven project managers more valuable while automating away, or making obsolete, roles that are purely task-oriented.