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Top 5 Trends in Project Management in 2016

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Let’s look at project management trends in 2016 and how project management tools acting as a catalyst for this change.
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Top 5 Trends in Project Management in 2016

  1. 1. Top 5 Trends in Project Management in 2016 Summary Over years, project management has evolved from plain simple project delivery job to derive business benefits. Project management professionals are driving project management higher up in the value chain. There are particular aspects of project management experts have noticed to be changing or evolving. In this article let’s look at project management trends in 2016 and how project management tools acting as a catalyst for this change. Introduction My first impression of Project management was about construction projects, which means when a project is completed, for me, a building is ready. My understanding and application of project management have changed a lot over the period. Project management as a discipline has been evolving significantly, especially the way stakeholders are involved, engaged and process to ensure benefits for the end consumer. As this profession is undergoing certain changes, project management experts have started highlighting significant trends in project management. I have personally found that project management tool is enabling such transitions and changes in project management aspects. I came across new trends in project management. Let’s look at some of these trends in this article. Virtual Project Management Team Virtual project teams that involve team members spread across globe is a significant trend seen in recent years. As businesses are going global, it is inevitable for project teams to start working from different locations. To manage such teams spread across geographic locations means having right processes in place to ensure clear communication, identifying accountability, responsibility that will lead to the predictable delivery outcome. The new age of web based project management software makes it simple to manage a global team. It is funny when someone calls project management tools as new international project manage. The
  2. 2. fact is, online project management tools are a great enabler for virtual project management. Emphasis on Project Collaboration | Welcomes to The Democratic World. Project collaboration is an integral part of project management these days. Availability of internet, technological tools have enabled and fostered project collaboration. Better communication is the direct result of project collaboration, it means teams are well connected, they are well informed, and instances of miscommunication are rare. I find agile project management synonymous with free project management wherein project team along with client decides project delivery. Project management tools facilitate project collaboration with much simpler fashion than formal emails. There are of course email responses but, these project management tools also have task comments, issue comments, meetings, and discussion forums, shared project plan, and shared project documents, team messages and many such avenues for collaboration. Strategy Over Project: The scope of project management is expanding beyond project planning, resource management, project tracking/monitoring and things alike. Project managers are taking into account strategic directions of business and projects. The project portfolio management office in organizations is evaluating projects based on a business proposition, business benefits. Project portfolio management systems are well equipped to manage a portfolio of projects. One can perform value-benefit-cost analysis of a given project before taking up those projects. Of course, project managers and portfolio managers can continue to evaluate the alignment of project delivery with business strategy. The scope of project management is expanding beyond project planning, resource management, project tracking/monitoring and things alike. Project managers are taking into account strategic directions of business and projects. The project portfolio management office in organizations is evaluating projects based on a business proposition, business benefits. Project portfolio management systems are well equipped to manage a portfolio of projects. One can perform value-benefit-cost analysis of a given project before taking up those projects. Of course, project managers and portfolio managers can continue to evaluate the alignment of project delivery with business strategy.
  3. 3. Agile Project Management: Agile project management is not a new subject or development, but the wider and faster adoption of agile project management practices has astonished the believer and practitioners of traditional project management software approach. Customers for obvious reasons have realized the benefits of agile project management approach: Fail Fast. An agile approach can be easily facilitated with agile project management tools. Few project management tool allows hybrid project management approach – combining traditional Gantt chart as well as Kanban board. Project Analytics, Big Data, Internet of Things If you have been tracking emerging and high paid job profile, you must be wondering why big data guys are in so much demand. Big data analytics and Internet of Things (IoT) are favorite subjects these days. In fact, new projects are in areas where organizations have been sitting on a big pile of information, are trying to make sense of that data, they are attempting to gain insights into doing business. Project managers have been seriously considering big data domain over popular project areas. And of course, the project managers who found it exciting and challenging to work on this area are using project management tool to manage big data project, analytics projects and Internet of Things (IoT) projects. Conclusion: Project management is moving up in the value chain of doing business. Project management professionals are taking in strategic aspects into consideration, before starting new projects, or even executing current projects. Project stakeholders will have to embrace technology enablers like web based project management software to keep up with changing dynamics of project management and, in turn, changing dynamics of doing business.
  4. 4. Zilicus 3422 Old Capitol Trail, #652, Wilmington, DE - 19808 USA Phone : 1-832-460-1101 Website: http://zilicus.com/

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