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Technical versus Soft Skills for Project Managers

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Assuming that there is some consensus with the basic premise that most skills can be learnt, which would you expect to be the more productive task, if re-skilling Project Managers -

1) Teaching people management, team building and linking skills to a Project Manager with very good technical knowledge of the project field

OR

2) Teaching specific domain/IT skills to a Project Manager with very good people management, team building and linking skills?

Finally, if all other characteristics were uniform, which of the two types of individuals (1 or 2) would you predict would make the better I.T. Project Manager, after re-training?

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Looking at both scenarios, I would expect that the project manager mentioned in scenario 2, teaching specific domain/IT skills to a Project Manager with very good people management, team building and linking skills, will be more ...

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