5 Key Skills in Project Management for Any Solopreneur

This week our attention is going to shift to quickly explore 5 key skills in project management. Whether you are creating an e-book, designing a new program or deciding on new systems for your business, as solopreneurs we are regularly managing projects as a team of one.
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In project management, historically, the foundation has been that for any project there is a triple constraint – time, budget and scope. Like a triangle, it is said that these things are fixed (at least in traditional project management). So if my budget gets reduced, it might take a little longer to do things as we now need to do them in-house OR the scope of the project may change given that we no longer have resources to complete a six month project, so instead we may need to do a three month project.
 
With this in mind the first project management skill I think is important is getting good at identifying project requirements.

• What is the project?
• What are the deadlines?
• What are the milestones along the way? These are checkpoint activities where you can see progress?
• What resources are needed? Project manager of all kinds have operated in this framing of being aware of the triple constraint ….

Other key questions to be asking here are:

• What is the project scope?
• What’s involved with it?
• What is IN focus? What is outside of focus (or scope)?

 
Spending additional time making sure we have this first step of project requirements right, helps to make the rest of it flow more smoothly (usually!).
 
It was in this phase of project identification that I first became aware of the adage that “10 minutes of planning can save 2 hours of unfocused effort”. So true!
 
With this is in mind, let’s look at five key project management skills that solopreneurs will want to boost:

1. Knowledge of self and skills – Self- awareness is key to solopreneurial success. Knowing what we are good at, what we can learn, and when we need to reach out to others, can make the difference between a project that flows and one that gets deadlocked or becomes a source of frustration. In knowing ourselves, we want to be able to identify key skills which are important in the immediate term, as well as ones we will be using regularly. Creating a robust network to reach out to, to find others short term who can round out of skill needs, is critical for solopreneurial success. “No person is an island!”.
2. Time estimation – Estimating the amount of time required for a task is also critical. One part of this equation is getting better at knowing how long tasks really do take. Part of this is experience, and we may have peers and mentors that can advise us. It can be useful to build in some contingency time for our own learning curve, given that tasks will take longer to complete the first few times we do them, or if we do them infrequently. I’m thinking of a recent experience I had where I had to set up a welcome auto-responder for a give-away. I do this about once a year and while I should “retain it”, it was as if the task was totally new!
3. Clarifying what’s required - Given that most of us are working on our own, we will be needing to reach out to others to help us get work done. Whether it’s going to a site like Fiverr or Upwork, finding good experts (graphic designers, financial experts) that can work with us to make our projects happen, is crucial. In making this successful, we need to be good at clarifying what’s required (think – What will a successful end result for this project/task look like? – be specific, get granular), as well as finding people.
4. Relationship Building and Negotiation – At the end of the day, things need to get done and projects need to get completed. If we can’t complete projects, it may have a significant impact on the business. As solopreneurs, we can’t go to a boss to negotiate the triple constraint – i.e. give me more time to complete this or give me more money – we have that under our control. In some ways this makes project management that much easier. What is may mean is that we need to go out and enroll others to our projects – requiring both relationship-building and negotiation skills.

What do you see as essential project management skills for solopreneurs? Which ones have you been leaning into as a project team of one?

Share with us using the comments below.

Jennifer

​Jennifer Britton, PCC, CPCC
Author multiple books including the Coaching Business Builder Workbook and Planner (2018), Effective Group Coaching (2010)
Potentials Realized
Phone: 416-996-8326
Check out the November 2018 CBB Book Club Call entitled "2019 Planning. Already?". You can view it here.