Top 5 Leadership Styles in Project Management

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Top 5 Leadership Styles in Project Management
Effective leadership styles are crucial for every
organization to drive their projects to success.
It is fundamental for the project managers to
possess a diverse set of leadership styles to
utilize in varied situations and motivate the
team to achieve their assigned goals. In this
blog, we will discuss the top 5 leadership styles
covered during a PMP Exam Prep Course.
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Types of Leadership Styles

1. Transformational Leadership
2. Servant Leadership
3. Transactional Leadership
4. Situational Leadership
5. Collaborative Leadership

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Transformational Leadership

• Project Managers who apply this leadership style
  aim to motivate and inspire their team members to
  achieve their full potential. Through this
  leadership style, they enlighten the team with a
  compelling vision, inculcate innovation and
  inspire them to take accountability. Positive
  reinforcement and mentorship are a crucial part
  of Transformational Leadership style. It helps in
  creating a culture of continuous learning and
  positive change

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Servant Leadership

• Project Managers who apply this leadership focus
  on empathy, humility, and service to others. They
  are understanding of the needs of their team
  members, and support their growth in personal and
  professional aspects. The aim of Servant Leaders
  is to foster trust and collaboration to make the
  team members feel valued and motivated. In turn,
  it helps team members to dedicatedly complete
  their tasks and support others in doing so too.

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Transactional Leadership

• Project Managers apply this leadership to
  communicate the clear expectations from the team
  and rewarding based on a preset criteria. The
  team is motivated to perform well and ensure
  ownership of their work through a system of
  incentives and rewards. The main goal of this
  leadership style is to help project managers
  drive productivity while maintaining project
  discipline.

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Situational Leadership

• Situational leadership is modifying one's style
  of leadership according to the particular
  requirements of the circumstance and the team
  members' degree of maturity. Using this approach,
  project managers evaluate the skills and
  readiness of their team and modify their
  leadership approach as necessary. Situational
  leaders optimize team performance and accomplish
  project goals by offering the appropriate degree
  of assistance and direction.

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Collaborative Leadership

• The project manager serves as a collaborator,
  facilitator, and student for the project team and
  stakeholders, under this leadership style. The
  project's goals, plans, and ambitions are jointly
  created. They share resources and project
  operations. The benefits of collaborative
  leadership for project management include
  increased team innovation, productivity, and
  quality as well as stakeholder alignment and
  trust.

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Conclusion
To sum up, the top 5 leadership styles covered in
the PMP exam prep course gives project managers a
flexible toolkit to help them manage their teams
and ensure project success. Project managers may
inspire excellent performance in their teams and
adjust to a variety of obstacles by learning
these leadership styles. Project managers can use
a variety of leadership techniques, such as
charismatic, situational, transformational,
servant, or transactional leadership, to
successfully navigate challenging projects and
produce outstanding outcomes.
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Closing Slide Resource
Resource https//www.mindcypress.com/blogs/proje
ct-management/top-5-leadership-styles-in-project-m
anagement
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Than You 1