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Welcome to Part B of Session 3 in PMGT
840, Developing as a Project Leader.
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In this section, we are going to focus
on prioritization, which is one of the
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most essential skills for any project
leader.
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Knowing what to focus on, when to act,
and how to allocate resources can make
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break a project.
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Let's dive into how effective
prioritization supports decision -making
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drives project success.
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Prioritization is more than just a
planning activity.
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It is a core leadership skill that helps
project leaders stay focused on what
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truly matters.
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Strong leaders know how to adjust
priorities throughout the project and
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right method that fits their team and
goals.
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They understand the difference between
strategic priorities and day -to -day
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tasks, and they stay aware of key
constraints like time, cost, and scope.
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Being flexible and able to sift through
data helps them make better decisions
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and keep the project on track.
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In many projects, there are simply too
many stakeholders to treat them all the
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same way.
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That's why effective leaders prioritize
the stakeholders based on their level of
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power and interest.
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A common tool for this is the power and
interest grid, which helps identify who
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matters most to the project's success.
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Good leaders focus their time and energy
on the stakeholders who can influence
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outcomes the most.
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And as the project evolves, they
revisited these priorities and adjust
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engagement strategies as needed.
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Effective project leadership is not just
about assigning tasks. It is also about
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assigning the right tasks to the right
person at the right time.
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Strong leaders know how to prioritize
tasks based on what matters most and the
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resources available.
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It is also important to check in after
sharing information to see if anyone
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needs more clarity or support.
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And when you understand each team
member's strengths, you can make task
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assignments that are both fair and
realistic.
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To make smart decisions in complex
projects, professional leaders often use
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structured prioritization methods.
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One method is multi -criteria weighted
analysis, where you evaluate options
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based on specific weighted factors.
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Another is the Moscow method, which
helps you categorize needs as must
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should -have, could -have, or won't
-have.
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These tools help the whole team stay
transparent, consistent, and aligned,
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especially when multiple stakeholders
are involved.
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Great project leaders know how to
balance big -picture goals and day -to
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demands. That means distinguishing
between strategic priorities which
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long -term success and tactical
priorities which deal with short -term
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challenges.
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Strategic focus helps guide decisions in
the right direction while tactical
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flexibility lets you adjust when things
don't go as planned.
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When you manage both well, you are not
just leading. You are thinking like a
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strategist and acting like a result
-driven manager.
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In complex and fast -paced projects like
tech, construction, or research,
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leaders face a lot of information coming
at them all at once.
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The key is to filter out the noise and
focus on what really matters.
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That's why strong leaders rely on
dashboards, progress reviews, and data
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guide them their priorities.
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They also know how to tell the
differences between what is urgent and
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truly important.
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When you manage the flow of the
information well, you are able to make
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decisions that have real impact.
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Here is an example of smart
prioritization in action.
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Imagine Tom is leading a healthcare
construction project, and he makes sure
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he stays focused on tasks that have the
biggest impact.
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He carefully aligns resources with
critical activities and avoids wasting
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and energy on those low -priority works.
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When it comes to stakeholders, he
focuses on those with the most influence
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secures the key support.
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By separating strategic goals from daily
tasks, Tom keeps the team aligned and
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motivated. The result, the project
finishes on time with the high quality
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full client satisfaction.
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Now let's look at what happens when
prioritization goes wrong.
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Imagine Jason is managing a similar
project but doesn't take time to
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what's urgent or important.
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He tries to move everything forward at
once.
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This results in critical resources being
spent on low -impact tasks while key
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activities fall behind.
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He also misses key stakeholders, leading
to the loss of funding and support.
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Because Jason doesn't separate strategic
goals from daily tasks, his team
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becomes confused and misaligned. In the
end, his project faces delays,
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dissatisfaction, and even the risk of
being shut down.
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And that brings us to the end of Part B.
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If you have any questions or ideas you
would like to share, feel free to reach
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out. When you are ready, jump into Part
C, where we will explore coaching.
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Coaching is another key responsibility
for project leaders who want to bring
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the best in their teams.
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Thank you very much again for watching
this video, and I'll see you in the next
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section.
7815
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