In the world alone, change is constant, as the saying goes. This isn’t different in the field of project management either.
The field of project management went through serious changes in the last 10-15 years. Fewer, more linear projects, easier methodology, more personal interaction and much less tools was typical to this area in the past.
At the same time – thanks to system theory – transparency and planning was always an embedded part of project processes and gave an effective help when it comes to adaptation to environmental effects.
The technological development, the huge increase in data volume, or the changes in the interpersonal relationship systems naturally have an affect on project management processes. These processes are always in dynamism because of the adaptation to constant changes, therefore, there is a need for professional to continuously monitor the latest project management trends.
These are the newest project management trends:
- Spread of the artifical intelligence (AI) and the project management-automation:
With the help of project management automation and artifical intelligence, we can also get a proper estimate of the duration, cost and progress of the project. Ideally, you should be able to manage the day-to-day management and administration of the project without human input.
Simple robots can perform many tasks, such as updating activity sheets, setting reminders, creating project reports and more. A chatbot can help to schedule team meetings, or just collect metadatas and evaluate the work of team members based on it.
With automation, project managers can perform complex tasks with lightning speed, and all of which can be an effective aid in making informed decisions.
- Effect of emotional intelligence (EQ)
The ability to understand and recognize emotions is vital to the success of projects. This is because the project manager doesn’t only deal with flowcharts, budgets and deadlines, but above all with people who need to be managed and motivated. Failure to understand the emotions of group members can jeopardize the entire project. In addition to emotions, the project manager must take into account a number of other aspects in creating the appropriate group dynamics, such as the characteristics of different generations.
- Data-driven thinking
Data analysis is (also) vital in this sector, as project managers can make informed decisions based on these. The high-level configuration options of prohject analytics tools can also provide us with sensitive data that would have been unthinkable years ago, such as showing a complete picture of all project activities. At the same time, the growing body of data can also become counterproductive, which is why it is important that smart data, not big data, be the basis of data driven thinking.
- Usage of advanced project management tools
Int he digital age, project management tools have become an essential part of complex business processes. According to PWC research*, 77% of complex projects use project management software to support project processes: project planning, scheduling, monitoring and communication, and to ensure costs, deadlines and progress tracking.
- Advancement of teleworking
Online project management can have a number of benefits: it reduces the cost of projects, you don’t haveto commute between sites every day, and it can be a quick and efficient solution ever in a period like Covid19.
At the same time, increased attention must be paid to the security of teamwork tools and data, the transparency of project processes, and the provision of reporting. There are a number of pros and cons to working remotely, but one thing is for sure: personal contact in this case should not be neglected by the project manager either.