Project managers are very important in every project. Project manager is responsible to plan, direct and integrate the work efforts of participants to achieve project objectives within defined parameters.

Different skills required for a project manager are as follows:

• Good communication: Since project managers are constantly communicating good communication skill is very important for them. Poor communication, can lead to inefficiency and missed deadlines. In order to mitigate the risks of poor communication project managers should prioritize learning how to communicate effectively. This includes knowing how to approach people, create meaningful relationships with co-workers, and articulate a clearly established vision of what you wish to achieve.

• Negotiation: An effective project manager is often a skillful negotiator with the ability to keep involved parties content and working toward a unified goal at all times. From managing resources, to engaging suppliers, to dealing with team conflict, leading a project means constantly being involved in negotiations. Depending on the situation, project managers may choose to apply different negotiation styles, and it’s important they have the ability to choose which will be the most effective in each given scenario. Where some may call for compromise or others may call for collaboration (in which a win-win solution is reached), or competition (in which a project is controlling in a win-lose situation). No matter which style they choose, knowing how to effectively navigate these negotiation tactics is a vital tool for successful project managers.

• Team Building: A project manager should know how to keep their teams intact. The well being of team members does not benefit from having competition within the team. However, competition between teams can be very stimulating and healthy. If one of the team members speeds ahead and leaves the rest of the members behind without helping them, the team will most likely fail. A good manager will notice these irregularities very easily. He or she will attempt to correct the situation through having discussions with the team, mostly through listening to members. To a great extent, a successful and healthy team relies on the trust between members and with the manager. If a manager is able to build trust systematically, the team members will feel much more committed and appreciated.

• Leadership: Before managing any project, good leadership skills are very important. A good project leader should be effectively coaching, guiding, and motivating their co-workers. Good project leaders also foster a productive work environment by communicating regularly with their teams and helping their employees develop important project management skills themselves.

• Ability to Deal with Changes Effectively: Project managers are mostly familiar with all the work process. It allows them to do things in an almost automatic manner. A good manager is adaptable and flexible. When faced with obstacles, he or she has the ability to react quickly. Stress doesn't prevent the manager from making the right decisions for the team and company.

• Risk Management: Risk management involves identifying and planning for potential risks,it is a critical competency for project managers. The most productive PMs are able to identify risks at the outset of a project and develop proper mitigation plans in the event that the risk does, in fact, occur. Since risks are uncertain events, it’s easy for project managers to ignore them and assume they will not happen. But by knowing and acknowledging what positive or negative impacts may happen to the project if the risk does occur, project managers can plan ahead to avoid major problems that might otherwise derail a project.