With the current economic conditions, an increasing number of people are either scared of losing their jobs or desperately searching for work.  Just like it’s a buyer’s market for housing, it also seems to be a buyer’s market for employers.  For those that are hiring, they are able to be extremely selective in who they choose.  That’s why smart Project Managers plan today for tomorrow’s “what if”.  We need to be smart about managing our own career “risks” and have a mitigation plan firmly in place now.  There are three simple, cheap, and super smart things you can start doing now to avoid any unneeded worry and panic if you do, in fact, find yourself looking for other career opportunities. 

#1 Invest in yourself
First, make time to invest in yourself.  No more excuses!  If you do not currently have your PMP certification, now is the time.  You don’t have to spend a lot of money.  A PMP exam prep course can range from about $800 (for a PMI chapter sponsored course) upwards of $3,000;   All told, your total required investment is small compared to the rewards (significantly better pay and more visibility as a job candidate).  Further if your current company pays for training, you really have no excuse – that’s a benefit you can’t afford to pass up.  Nothing in life is a guarantee, and that includes the job you have today.  Take the time to invest in your career now, so you do not end up having to scramble if things take a turn for the worse. 

If you already have PMP certification, look into some advanced training that is complimentary to project management.  There are a number of topics that employers are looking for (i.e. Six Sigma, ITIL, CMMI, etc.).  There is a strong emphasis on “doing more with less” these days, and employers are looking for people that can help improve how they run as a business.  Broaden your skill set and differentiate yourself by being a Project Manager that understands the world outside of just managing projects.

#2 Create a buzz
Now is the time to start to make a name for yourself!  Start a course of action to position yourself as an expert in your field.  One way you can start to create a buzz is to write articles on what you know.  You can do this a number of ways:  First, try submitting articles to your local chapter of PMI or another local professional organization.  Groups like this are always looking for new content and will often be more than happy to publish your work in a newsletter or online. 

Another way to get your ideas out there is to start a blog.  WordPress, for example, offers free blogs that take only a few minutes to set up.  You can write as often or as little as you like.  Write about whatever you are passionate about, and you may be surprised at how many readers you end up with!

If you’re feeling adventurous, book a speaking engagement or two!  This will provide you with credibility in your industry, and you will undoubtedly become a better speaker as a result.  Plus, it’s a great way to meet influential people in your industry.

Demonstrating your communication skills, both written and verbal, is a great way to make you a better project manager and get the word out there that you are an expert in your field.  Start building your reputation by putting your thoughts and ideas out there. 

#3 Make a difference
If you are busy making a positive difference in this world, you will be rewarded.  Volunteer your time!  If you are not doing so already, get involved as a volunteer with your local PMI chapter, or work with another non-profit organization in your area.  By giving of your time and talents, you will likely find you get tremendous satisfaction in mentoring others around you.  You will also strengthen your own skills and maybe even pick up a few new ones.  It’s also another great way to meet good people in your area.  I personally know a lot of people that have found great new jobs as a result of becoming a volunteer.  Make a difference in the lives of others, and your life will positively benefit as well.

Let your new year’s resolution be to take an interest in these three areas, and you will undoubtedly have an amazing 2009, both personally and professionally…regardless of the ups and downs of our economy.