By Ashley Lipman
Project Management isn’t an industry that stays the same for a long period of time. It’s unpredictable, versatile, and subject to various trends at any given time.
Some of the trends influencing Project Management in 2018 may be old; others may have just emerged. However, the ones to look out for are those that are the most influential.
Want to know what these trends are?
Knowing about the emerging trends will help you manage your projects and get things done more efficiently in 2018:
1. Artificial intelligence is here to stay
AI, short for Artificial Intelligence, is no longer a concept dreamt of in science fiction. Technology like Siri, Echo, and Home are the most popular kinds, but AI is also the base of several PM applications.
Repetitive tasks have been automated and AI software has been applied to PM management more and more over the months.
Project managers are now making use of AI programs to enhance the efficiency of their projects. This includes dealing with resources, streamlining workflow, and giving valuable insights into future plans.
It’s also used in centralising data that could immensely help your team work together even from remote locations. Application performance management and server monitoring | AppOptics is just another example of how AI is becoming entrenched in this industry.
2. Embedded technology leads to faster project delivery
We know that technology has become highly portable, even to the point where you can wear a smartwatch to replace your phone, computer, and tablet to some extent. As a project manager, wearable technology enables you to track and enhance your productivity at all levels.
Using smart glasses, head-mounted displays, and smartwatches can enhance the efficiency, safety, and the accuracy of any team. What’s more, the data from such wearable devices can help managers learn what makes team members tick.
Once project managers start paying more attention to what their team members need, they will better know how to motivate them and to create a culture that encourages and rewards high performance.
3. Remote workers are expanding the workforce
Project managers don’t require the whole team to be co-located, in fact virtual teams and outsourcing specialist skills has become quite the norm.
With team members working from home or from remote locations, more flexible work hours make for a higher productivity level. Hence, project managers need to be aware of this and improve their skills around managing virtual teams.
4. Hybrid management is the next big thing
Project managers now have to embrace the fact that cookie-cutter solutions (read methodologies) are out of date. They may have followed a traditional waterfall type methodology in the past, but now, it’s time to tweak this according to their clients’ project requirements.
There are certain processes that can help with this kind of project management. One example of these is following an Agile approach, giving companies the ability for faster time to market.
Hence, a project manager who is comfortable with following a hybrid approach is definitely in order. You need to consider several methodologies for approaching different projects. This sort of personalisation and customisation continue to grow more important as time goes on.
5. Project managers with emotional intelligence are preferred
Gone are the days when solid, technical skills were adequate for a project manager. Soft skills and a high level of emotional intelligence are now highly valued in the PM industry, and with several good reasons.
In 2018, business owners are increasingly looking for managers who can keep their teams happy, satisfied, and motivated. This combination is one of the best ones for making up a highly productive workforce.
Find some more insights from the “Pulse of the Profession” PMI report here.
These 5 trends are by no means a comprehensive list, but certainly trends to acknowledge and consider for a project professional in 2018.
Hi Ashley, it is clear that the incorporation of technology will become increasingly important. I also agree with you on hybrid project management, it is really important to have a solid knowledge base to know how to apply the appropriate methodology or combine them to achieve the objectives in the best possible way.