The document discusses the skills needed for effective IT project managers. It provides data from the CHAOS study showing improvements in successful project completion between 1995 and 2003. It then lists the key functions of an IT project manager and the skills required for each function, such as communication, budgeting, risk management, and technical writing. The document emphasizes that strong leadership requires skills like communication, relationship building, and strategy creation, as well as personal characteristics like vision, integrity, and inspiration.