Effective managers now recognize that most operational activities aimed at achieving key team objectives can a nd should be considered projects a nd managed acco r dingly. Typically these projects will range fr om: complex operational tasks, one-off initiatives such as moving offices o r installing a new IT system, to the development of new products a nd services. However, while Effective managers now recognize that most operational activities aimed at achieving key team objectives can a nd should be considered projects a nd managed acco r dingly. Typically these projects will range fr om: complex operational tasks, one-off initiatives such as moving offices o r installing a new IT system, to the development of new products a nd services. However, while many of the traditional project management principles still apply, most tools a nd techniques need to be adapted a nd simplified to make them relevant to modern businesses. Fo r those that master these new skills, exciting career oppo r tunities lie ahead that will accelerate functional managers into new areas.