Biggest Challenges Faced By A Senior Project Manager At The Grupe Company
Rob's biggest challenge as a Senior Project Manager is navigating "bureaucratic red tape and rules and regulations" that hinder project timelines and efficiency. This regulatory burden, coupled with inherent project complexities and external economic factors, creates significant obstacles to delivering projects swiftly and effectively.
Project Management, Regulation and Compliance, Problem-Solving, Overcoming Challenges, Economic Factors
Advizer Information
Name
Job Title
Company
Undergrad
Grad Programs
Majors
Industries
Job Functions
Traits
Rob Toste
Senior Project Manager
The Grupe Company
California State University Stanislaus
N/A
Business Management & Admin, Entrepreneurship
Real Estate
Operations and Project Management
None Applicable
Video Highlights
1. Navigating complex regulations and bureaucratic processes is a significant challenge in project management.
2. Successfully managing multiple facets of a project (finance, construction, entitlements, etc.) requires strong organizational and time-management skills.
3. External factors like economic conditions and timing significantly impact project timelines and outcomes, demanding adaptability and strategic planning.
Transcript
What is your biggest challenge in your current role?
The biggest challenge, I would say, is any regulation or bureaucratic red tape that needs to be worked through while developing a project. There are so many levers and facets to a project, whether it's finance, construction, entitlements, due diligence, or acquisition.
It's hard enough to tweak these levers, and then you have timing and the overall economic environment of the world working against you. When you add the bureaucratic process, or a process with a lot of rules and regulations, to the mix, it can be difficult.
Sometimes the rules and regulations don't make sense; they get in the way and make things complicated. If certain things could be removed, changed, or tweaked, it would make things easier. We could deliver product faster.
People could enjoy the product that we give or produce sooner. So, that's probably the most challenging part: just working through all of those items to get a project to the finish line.