The project owners play a vital role to develop their own principles and integrating the ideas of creating new dimensions for the project.  

FREMONT, CA: A good project owner is a person with a vision who identifies the problem and is excited to solve it. A project owner communicates clearly and effectively. Managing any project or team is a skill that is absolutely essential to articulate a project’s goal in a way that everyone can grasp quickly and easily. A project owner assembles a team and also keeps them updated with the latest operational changes.

Project owners are responsible for making high-level decisions and also advocate for resources. If the project owner needs the help of any developer for the project, what are their team's top priorities and also how to secure a week of someone’s time? The owner plays a vital role in taking the charge of the vision and overall direction and leaving the project manager free to organise the ninety-gritty details. The owner has space to pay attention to what’s going on in the larger organisation and adjust the project’s direction as necessary. Because the members of a project team are often involved in multiple worksheets, the spontaneous focus of the project owner acts as the supporters that fix the whole thing together.

In the context of a project, the sponsor is generally an executive or director. They determine the project’s budget and let outlying teams know that if the project needs their help, they should make that a priority. The project will generally be thought of as “theirs” in the minds of other upper-echelon leaders.

Project managers, then, take the project owner’s vision and coordinate the work to make it real. They schedule the work to reach each milestone and find the right people to do it. Capacity planning, dependency management, week-by-week planning, and communicating the team’s progress all fall to the project manager.

Qualities and Principles of a Project Owner:

1. Strategic thinker: Identifying the problems that are preventing the organisation from    reaching its largest objectives, and then visioning the viable solutions doesn't happen by accident. As a strategic thinker, the problems are easily sorted out.

2. Enthusiastic: When the project owner is excited about how the project benefits the customers and the company, the excitement is communicable. The project team stays motivated because their work has meaning, and the stakeholders will help the project however they can because they understand how it furthers their own goals.

3. Great communicator: With more teams operating in a distributed fashion, the project owner’s written communication has to be on point, it's not enough to articulate the vision, updates, and feedback clearly. It all has to be communicated through channels that will reach the right people and it has to come at the right time so that the people can adapt to changes if needed.

4. Empathetic: Listening is critical, feedback from customers and stakeholders, being open to ideas from project team members and understanding whatever challenges are to be faced. Every “business problem” or “ technical problem” is ultimately a people’s problem that has to approached the solution with humanity and compassion is important.

5. Adaptable: When new information comes to light, the competitive landscape shifts and budgets get cut. Later, the team membership changes according to the new developments in the project and owners have to decide how to work around obstacles and rectify them. They also should keep updated with all the information on the daily process.