{"id":10077,"date":"2018-08-27T08:00:16","date_gmt":"2018-08-27T08:00:16","guid":{"rendered":"https:\/\/twproject.com\/?p=10077"},"modified":"2018-11-05T15:08:10","modified_gmt":"2018-11-05T15:08:10","slug":"triangle-of-talents","status":"publish","type":"post","link":"https:\/\/twproject.com\/blog\/triangle-of-talents\/","title":{"rendered":"The triangle of talents: which skills for the project manager?"},"content":{"rendered":"<p><strong>The triangle of talent<\/strong>, not just a simple shape, but the<strong> golden triangle of the Project Manager<\/strong>.<\/p>\n<p>Would you like to know more? I will try to explain it to you.<\/p>\n<p>Let&#8217;s briefly think about what are the most important qualities for a<strong> successful project manager<\/strong>.<\/p>\n<p>Everybody, both those who have worked for years in this world, as well as those who have just started, will certainly report the <strong>qualities of the project manager<\/strong> that are in line with what we will see in shortly.<\/p>\n<div class=\"table-of-content\">\n<h5>CONTENT INDEX<\/h5>\n<ul>\n<li><a href=\"#triangle\">The three sides of the Triangle of Talent<\/a><\/li>\n<li><a href=\"#first\">The first side of the Triangle of Talents: Technical skill<\/a><\/li>\n<li><a href=\"#second\">The second side of the Triangle of Talents: Leadership<\/a><\/li>\n<li><a href=\"#third\">The third side of the Triangle of Talents: Business Strategic Management<\/a><\/li>\n<li><a href=\"#conclusion\">Conclusion<\/a><\/li>\n<\/ul>\n<\/div>\n<p>Considering the many skills, talents and competencies required for this role, it is clear that <strong>project management<\/strong> requires many qualities and skills.<\/p>\n<p>And in order not to leave any doubt, the <strong>Project Management Institute<\/strong> (PMI) outlined the ideal set of skills of a project manager in a model called the &#8220;<strong>Triangle of Talent<\/strong>&#8220;.<\/p>\n<p>This model synthetically analyzes the art of <strong>project management<\/strong> in the three categories we will now see.<\/p>\n<p>Let&#8217;s find out what skills make a project manager, a successful figure.<br \/>\n<a name=\"triangle\"><\/a><\/p>\n<h2><strong>The three sides of the Triangle of Talent<\/strong><\/h2>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-10078 aligncenter\" src=\"https:\/\/twproject.com\/blog\/wp-content\/uploads\/triangle-of-talents-630x497.png\" alt=\"triangle of talents\" width=\"630\" height=\"497\" srcset=\"https:\/\/twproject.com\/blog\/wp-content\/uploads\/triangle-of-talents-630x497.png 630w, https:\/\/twproject.com\/blog\/wp-content\/uploads\/triangle-of-talents-705x556.png 705w, https:\/\/twproject.com\/blog\/wp-content\/uploads\/triangle-of-talents-450x355.png 450w, https:\/\/twproject.com\/blog\/wp-content\/uploads\/triangle-of-talents.png 909w\" sizes=\"auto, (max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 984px) 61vw, (max-width: 1362px) 45vw, 600px\" \/><\/p>\n<p>The Triangle of Talents contains the <strong>ideal set of skills for project managers<\/strong>.<\/p>\n<p>Its three sides include the following skills:<\/p>\n<ul>\n<li>Technical skill;<\/li>\n<li>Leadership;<\/li>\n<li>Business strategic management.<\/li>\n<\/ul>\n<p>The beauty and charm of the Triangle of Talents lie in the combination of skills, elements of business management with<strong> technical skills in project management<\/strong>, and human and social skills.<\/p>\n<p>The most successful project managers use all three of these areas in order to grow in their work.<br \/>\n<a name=\"first\"><\/a><\/p>\n<h2><strong>The first side of the Triangle of Talents: Technical skill<\/strong><\/h2>\n<p>A project manager could not excel in his work without the t<strong>echnical know-how of the sector<\/strong> in which he operates.<\/p>\n<p>This includes not only the specific skills of project management, but also the <strong>knowledge of the industry<\/strong> in general.<\/p>\n<p>Proper <strong>technical skills and knowledge<\/strong> are in fact fundamental to <strong>successfully complete the project<\/strong>.<\/p>\n<p>A project manager needs to know how to calculate the so-called<strong> earned value<\/strong>, how to <strong>manage costs<\/strong>, how to do a <strong>risk analysis<\/strong>, etc.<\/p>\n<p>The <a href=\"https:\/\/www.pmi.org\/\" target=\"_blank\" rel=\"noopener\">PMI<\/a> outlines some of the <strong>specific technical skills<\/strong> that the project manager should possess, including:<\/p>\n<ul>\n<li>Agile practices;<\/li>\n<li>Earned value management;<\/li>\n<li>Project life cycle management;<\/li>\n<li>Management of project requirements;<\/li>\n<li>Schedule management;<\/li>\n<li>Time, budget, cost estimate;<\/li>\n<li>Data collection and analysis;<\/li>\n<li>Governance;<\/li>\n<li>Performance management;<\/li>\n<li>Risk management;<\/li>\n<li>Scope management.<\/li>\n<\/ul>\n<p>As previously said, a successful project manager needs a solid understanding of the industry in which he operates.<\/p>\n<p>In fact, the<strong> daily work of a PM<\/strong> can vary depending on the sector in which he works.<\/p>\n<p>If he does not know the environment surrounding a project, he will have difficulties in understanding any problems and in <strong>finding solutions<\/strong>.<\/p>\n<p>Moreover, due to lack of technical experience, the project manager may lose the <strong>respect of the members of the team<\/strong>.<\/p>\n<p>In short, the lack of technical knowledge could lead to problems related to the <strong>understanding of project details<\/strong> and technical problems.<\/p>\n<p>Both of these factors could jeopardize the future of the project.<\/p>\n<p>Technical knowledge, commonly known as &#8220;<strong>hard skills<\/strong>&#8220;, can be learned, studied and refreshed through training courses, seminars, webinars, etc &#8230;<\/p>\n<p>This side of the <strong>Triangle of Talents<\/strong> certainly represents the most concrete and easy to learn quality, but in order to have it, dedication is certainly necessary.<br \/>\n<a name=\"second\"><\/a><\/p>\n<h2><strong>The second side of the Triangle of Talents: Leadership<\/strong><\/h2>\n<p>The second core competency of the PMI\u2018s Triangle of Talents is <strong>leadership<\/strong>.<\/p>\n<p>A successful project manager must guide his team &#8211; or more teams &#8211; through all <strong>phases and processes of the project<\/strong>.<\/p>\n<p>Leadership can have different forms.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-10108 aligncenter\" src=\"https:\/\/twproject.com\/blog\/wp-content\/uploads\/triangle-of-talents-630x378.jpg\" alt=\"triangle of talents\" width=\"630\" height=\"378\" srcset=\"https:\/\/twproject.com\/blog\/wp-content\/uploads\/triangle-of-talents-630x378.jpg 630w, https:\/\/twproject.com\/blog\/wp-content\/uploads\/triangle-of-talents-1130x678.jpg 1130w, https:\/\/twproject.com\/blog\/wp-content\/uploads\/triangle-of-talents-1500x900.jpg 1500w, https:\/\/twproject.com\/blog\/wp-content\/uploads\/triangle-of-talents-705x423.jpg 705w, https:\/\/twproject.com\/blog\/wp-content\/uploads\/triangle-of-talents-450x270.jpg 450w, https:\/\/twproject.com\/blog\/wp-content\/uploads\/triangle-of-talents.jpg 1920w\" sizes=\"auto, (max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 984px) 61vw, (max-width: 1362px) 45vw, 600px\" \/><\/p>\n<p>Leadership expertise includes <strong>coaching and mentoring<\/strong>, influence on employees and stakeholders, <strong>team building and brainstorming, interpersonal skills and negotiation.<\/strong><\/p>\n<p>Even <strong>problem solving and conflict management<\/strong> are included into the leadership skills.<\/p>\n<p>Project managers must guide teams towards <strong>project completion<\/strong>, inspiring and motivating people to continue throughout the process.<\/p>\n<p style=\"text-align: center;\">Because using leadership means<br \/>\nTO WIN AS A TEAM, NOT AS AN INDIVIDUAL<\/p>\n<p>As an <strong>effective leader<\/strong>, a project manager must inspire team members about the future and offer them a vision that will help them <strong>achieve the goal<\/strong>.<\/p>\n<p>As a leader of an effective team, a project manager must be proactive and a<strong> problem solver<\/strong>.<\/p>\n<p>The successful project manager must have motivating qualities. At the beginning of a project the motivation is usually high, and then gradually decreases.<\/p>\n<p>Here, in fact, the<strong> manager&#8217;s motivation capacity<\/strong> is essencial.<\/p>\n<p><strong>Motivating the team<\/strong> is certainly hard and complex, but essential for the good <strong>success of the project<\/strong>.<\/p>\n<p>A project manager should also have <strong>management and delegation skills<\/strong> that enable him to do his job in the best way and with the right support.<\/p>\n<p>He must be able to understand who to entrust with a particular responsibility or particular task, and who is not the right person.<\/p>\n<p>Moreover, ensuring that the team members possess the skills required to s<strong>uccessfully complete the work<\/strong> is also part of the skills of this project leader.<\/p>\n<p>If skills are lacked, the project management will give the necessary training or, in general, will allow the collaborators to receive it.<br \/>\n<a name=\"third\"><\/a><\/p>\n<h2><strong>The third side of the Triangle of Talents: Business Strategic Management<\/strong><\/h2>\n<p>The third side of this magic triangle is as important as the other two.<\/p>\n<p><strong>Business strategic managemen<\/strong>t makes it possible to carry out an analysis of company decisions before implementing them.<\/p>\n<p>Project managers not only apply their knowledge and leadership qualities, but must also<strong> align projects with business goals<\/strong>.<\/p>\n<p>This third side of the PMI\u2019s Triangle of Talents includes the following skills and competences:<\/p>\n<ul>\n<li>Competitive analysis;<\/li>\n<li>Legal and regulatory compliance;<\/li>\n<li>Operational functions, such as finance, marketing, ecc;<\/li>\n<li>Business Acumen;<\/li>\n<li>Customer service and satisfaction;<\/li>\n<li>Awareness of the market, its conditions and its trend.<\/li>\n<\/ul>\n<p>Understanding the <strong>purpose of the project<\/strong> and the way it supports the organization&#8217;s overall goals enable project managers to be able to drive their teams to success.<\/p>\n<p>These professionals must understand what the organization is trying to achieve in general and how the specific project fits into this<strong> general vision<\/strong>.<\/p>\n<p>This helps the organization achieve its <strong>long-term goals<\/strong>.<\/p>\n<p>The first step towards success is found in the<strong> confirmation and acceptance of the strategic business plan by all the stakeholders.<\/strong><br \/>\n<a name=\"conclusion\"><\/a><\/p>\n<h2><strong>In conclusion<\/strong><\/h2>\n<p>As any successful project manager can state, the mixture and the right balance of skills and qualities make this figure a complete and successful professional.<\/p>\n<p>That is why the<strong> Triangle of Talents<\/strong> works.<\/p>\n<p>In today&#8217;s dynamic environment, a project manager must be versatile.<\/p>\n<p>Having just one skill is not enough.<\/p>\n<p>The balance of the three sides of the Triangle of Talents is not just about the possession of <strong>complementary skills<\/strong>.<\/p>\n<p>These are all the <strong>critical areas<\/strong> that a project manager must master in order to succeed in his career.<\/p>\n<p>The <strong>technical skills of project management<\/strong> help to perform specific functions or tasks, <strong>leadership skills<\/strong> help to achieve business goals within the organization and <strong>strategic business management<\/strong> helps to achieve better overall business results.<\/p>\n<p>So, this is the ideal recipe for a successful project manager.<\/p>\n<p>Do you agree with what the Triangle of Talents expresses?<\/p>\n<p>Do you think there are other qualities that deserve to be mentioned?<\/p>\n<p>Leave us your comment.<\/p>\n<div class=\"tw_promobox box_type2 sBlue sFilter sImage\" style=\"background-image: url('https:\/\/static.twproject.com\/blog\/wp-content\/uploads\/get-it-now-r.jpg'); background-size: 140%; background-position: -90px -290px;\">\n<div class=\"av_promobox avia-button-yes avia-builder-el-1 el_after_av_promobox avia-builder-el-last\">\n<div class=\"avia-promocontent\">\n<h2>Start managing your projects.<\/h2>\n<\/div>\n<div class=\"avia-button-wrap avia-button-right \"><a class=\"avia-button avia-icon_select-no avia-color-custom avia-size-xlarge\" href=\"https:\/\/twproject.com\/on-your-server\/\"><span class=\"avia_iconbox_title\">Try Twproject!<\/span><\/a><\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The triangle of talent, not just a simple shape, but the golden triangle of the Project Manager. Would you like to know more? I will try to explain it to you. Let&#8217;s briefly think about what are the most important qualities for a successful project manager. Everybody, both those who have worked for years in &hellip; <a href=\"https:\/\/twproject.com\/blog\/triangle-of-talents\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;The triangle of talents: which skills for the project manager?&#8221;<\/span><\/a><\/p>\n","protected":false},"author":3,"featured_media":10078,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_custom_body_class":"","_custom_post_class":"","footnotes":""},"categories":[58],"tags":[],"class_list":["post-10077","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-project-management"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>triangle of talents : which skills for the project manager?<\/title>\n<meta name=\"description\" content=\"The triangle of talents is a model that synthetically analyzes the art of project management in the three categories. 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