Project management trends in business

Project management began with its roots in IT and over the last few years has transitioned into the vast majority of the business world. These days’ project managers can be found in all aspects and job functions within the business world. With this transition there are several other trends that can be found that are shifting the direction of project management in the near future. These days many business organizations are becoming more creative by modeling the typical project management role, that use to be found within IT roles, into all functions of the business to ensure successful project completions. With these changes we have seen several trends that are shaping and guiding the principles of project management. These new trends include the move to cloud based project management systems, online project management and collaboration tools, more reliance on resource management, and geographically distributed teams.

The move to cloud based systems is becoming the norm as we move further into 2014.Most companies are allocating resources in order to move to cloud-based project management tools in order to be able to support project scheduling and collaboration of ideas and tasks. Companies have created highly functional and Innovative tools such as LiquidPlannerAtTaskProjectManager.comWrike, Gantter and of course the leader in the market Microsoft Project. These companies will continue to re-engineer their project management programs domain as more firms take advantage of web-based project management tools.

LiquidPlanner example

PMscheduling-121813

As mentioned above the use of online collaboration tools is on the rise and many companies are moving in this direction. Collaboration platforms are taking over the typical and old fashioned web-based document sharing business solutions that have been around for several years. These seamless platforms are just another innovative trend in the simplifying of project collaboration. The most used and popular collaboration tools used in project management are tibbrAsanaTrello, and Siasto used manage tasks and assist in project management document sharing and organization. As the project management collaboration application business develops, most platforms will begin to provide an integrated collaboration suite instead of separate document management, sharing and messaging tools.

Resource management has always been a key component of project management, but with newer trends it has become a very important aspect to take into consideration. With most company’s scheduling and project data in a central location, resource management becomes a very realistic and possible option. The integration of project schedules with task tracking and time keeping, can all be used to obtain a overall project view and always have the ability to view project checkpoints

The final trend we seem to find is that of geographically distributed teams. As companies leverage the use of collaboration platforms they also have the ability to view into the project at any time as well as the visibility to view all aspects of the project virtually. With the trend available, the trend in virtual/distributed teams will grow with the ease that project management platforms offer. Collaboration platforms help facilitate the obstacles of communication, virtual meetings, and finding project management talent in remote locations. With communication, document sharing, virtual conferencing, and project visibility all being features within new PM software, the trend to remote project management teams is one we only see growing in the near future.

 

http://www.batimes.com/elizabeth-larson/2014-trends-in-business-analysis-and-project-management.html

 

http://www.techrepublic.com/blog/it-consultant/five-project-management-trends-to-watch-in-2014/

 

http://www.itbusinessedge.com/slideshows/top-10-project-management-trends-for-2014.html

 

 

One thought on “Project management trends in business

  1. My company has recently taken on an initiative to overhaul its enterprise software and institute cloud based, systems-as-a-service replacements in order to help bridge the gap between our Chicago and Boston offices.

    Your post made me reconsider some of our choices; while I don’t often use any project management software in my day to day activities, I wonder if it is a mistake not introducing it throughout the company. I feel that greater familiarity with the inner workings would encourage an understanding as to how deadlines are established and differences between soft and hard stop dates.

    While there are distinct advantages in using the new services, there are still some functions that have yet to be replaced. The accounting department has had to make substantial changes to their processes as room bookings no longer can carry client timecodes, making resource costs associated with a particular project harder to track. This is just one of many adjustments that the rest of the company will deal with we adapt to the boilerplate setups from the new services.

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