The biggest changes we have seen in the Project Management industry are due to the automation of processes. Software and computer applications have brought a revolution in this field. And this is only the beginning. These days a professional’s ability to adapt to new technology is just as important as field experience.
The Project Management field has been evolving since its establishment in the 1960s[i] and we have seen many changes over the past 20 years. Out of all those, here are the top 3 trends in Project Management that did not make it into this decade:
1. Solo work
Project Management has always been a team sport where members from different departments come together to complete a project which relates to multiple domains. When I say solo work is a dying trend in project management, what I mean is that professionals are no longer working on their specific part of the project without constant communication and updates from the team.
Now, there are instant 5-minute meetings, daily updates, and swift communication. Due to modern project management tools, it is much easier to stay connected with the team and work as one unit even if someone is working remotely or at home.
2. Manpower over AI
With the fourth industrial revolution on the horizon, Project Management offices are utilising artificial intelligence to automate processes, analyse big data and ultimately develop more efficient systems[ii]. Algorithms are much faster (and better) at combing through information and deducing results. Hence, reliance on competent professionals to do all the work manually is not an effective strategy any longer.
The ‘manpower’ is best utilised to interpret the data. Finding a balance between the use of digital resources and the employees’ time is what can set up a business for success in the Project Management industry in the 2020s.
Related Blog - The Pros and Cons of Digital Project Management
3. All Full- time employees
The gig economy has been gathering traction in the Project Management industry for some time now, but the freelancer and independent contractor market underwent incredible growth during the pandemic. The concept of all your employees bringing full-time workers who come into the office is long gone[iii]. Project managers now use various tools to effectively manage remote workers. And offer contracts on project/task bases[iv].
Related Blog - Challenges for Project Managers
Takeaway Message
All the changes that we see in Project Management are aimed at making the entire process more self-sustainable. Artificial intelligence, collaborative work, and tools make it easier for teams to focus on the more important tasks and ultimately complete successful projects.
You can improve as a professional in the industry by familiarising yourself with all the developments that are taking place in your line of work. And while you are at it, apply for a Masters Degree Program in Project Management with SNATIKA to gain more specialised knowledge. Advanced qualifications demonstrate your superior understanding of the field and thus help you land senior jobs.
These days, you can enrol in SNATIKA's online Masters programs and study alongside your job. Does it get much more convenient than that? Moreover, SNATIKA's UK Masters Degree programs are of the shortest duration, are reasonable cost, and are highly flexible. The degrees are awarded by British universities to top it all. Choose SNATIKA for your Masters Degree Program in Project Management.
Check out this blog as well - How Can a Masters in Project Management Fast-Track Your Career?