IT Best PracticesProject Portfolio Management

3 Ways to Take Advantage of the Talent Gap

It’s a great time to be in project management. PMI’s recent Job Growth and Talent Gap report finds that 88 million jobs will be generated globally by 2027 at a rate of 2.2 million per year. In other words, there will be a lot of positions to go around. What can you do to maximize demand for your skills? In a post for Voices on Project Management, Jen Skrabak shares three simple tips:

  1. Get additional certification.
  2. Practice what you know.
  3. Communicate effectively.

Increasing Your Value for the Future

Certification is never a guarantee of a job, but the PMI Portfolio Management Professional (PfMP) credential will make you stand out, as they aren’t yet common. More importantly, you will develop a lot of valuable knowledge and experience along the way. It will come in handy as a skill to show your employer that you are ready and willing to grow with them, which makes them more likely to give you opportunities to put what you learned to practice.

The old saying “Practice makes perfect” is definitely true for giving yourself a competitive edge. Skrabak breaks this down into three areas that will help grow depth and breadth of experience under your belt. The first is strategic alignment, which entails that you should be able trace the larger goals of the business through plans and projects to achieve those goals. Another area is project/program delivery. And lastly is “benefits realization,” which Skrabak discusses in this manner:

This starts with validating the business case and ownership of the benefits, and is typically realized three to six months after the project/program delivery via operational budget savings, reductions or reallocations. Few organizations realize the benefits because they are often too optimistic in the upfront business case and fail to follow through by ensuring that operational budgets reflect the promised savings or headcount efficiencies.

The final way to take advantage of the talent gap is to communicate more effectively. Focus on the four C’s–clear, concise, compelling, and credible–in any communications you have regarding the project.

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