Project management has been defined as the “application of knowledge, skills, and techniques to the project activities in order to meet or exceed stakeholder needs and expectations from a project” cited (Duncan, 1996) in Information Resources Management Association. (2002)…
Having an understanding of the trend provides better understanding and lays the ground for success in the field.
Agile in project management is the main trend that is evident and has been taken up in managing projects owing to its cost effectiveness and allows for human needs such as purpose, mastery, and autonomy to be reflected in the project. Agile requires the project team to receive constant feedback and the consistent use of Scrum methodology in agile has increased. Organizations that were reluctant in implementing agile have implemented and showed a high commitment ensuring success. In my view, agile is set to stay and will be the main approach for management of projects in a few years owing to the many disadvantages it derives to organizations, project managers, employees, and other stakeholders.
Project management has also seen the trend of distributed leadership among team members with each member having to step up to ensure achievement of self-organizing teams. The implementation of agile has resulted in the increased importance of teamwork and collaboration and shared responsibility among project team members in the process distributing leadership responsibilities. The importance of leadership understanding the needs of the team, development of lasting relationships among the team members, and connecting with the people has been emphasized in recent years in project management. Distributed leadership responsibilities among the team members allow for high responsibility for the success of the project and high motivation by the members augmenting the success of projects and accelerating decision-making in teams.
The other trend in project management that has emerged in recent years is global project operation and development. Online project management through cloud-based applications and software has enabled project management to operate globally through proving information on scheduling, communications, ...
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(Project Management Trends Research Paper Example | Topics and Well Written Essays - 750 Words)
“Project Management Trends Research Paper Example | Topics and Well Written Essays - 750 Words”, n.d. https://studentshare.net/education/786107-project-management-trends.
According to Sampson (41 cited in Gillard 725), the total volume of project management skills are equally divided into conventional “hard” skills and the “soft” people-centered skills. The hard skills require the display of good risk management abilities while the soft skills necessitate the project manager to show good interpersonal communication.
The process is divided into different phases which involve the initiation of a process, its execution, monitoring, controlling and last but not the least, the closing (Larson & Gracy, 2003). The project management is aimed to attain the project goals while anticipating and analyzing the different limitations such as scope, time, and budget.
In the current world market for project management, vital roles are played by virtualization tools in enriching the flow of information within the project (Garcia, Saldana, Seco & Sanz, 2010). As global organizations increase their acquisitions along with their desire of exploiting the resources of project management using effective methods, the prevalence of virtual management of projects is also becoming widespread.
Moreover, important concepts such as project scope, work breakdown structure and contingency planning have been discussed. Also, the report analyzes the importance of reviewing the project and the need for integrated project management software for project management organizations.
Risks occurring during the system development life cycle are immanent and uncertain (Durkovic & Rakovic, 2009). Projects involve interconnected activities and team members and involve specified time frameworks and goals. Risk is defined as an event that has a certain probability of occurrence, and whose occurrence is likely to cause negative or harmful influence on the project (Durkovic & Rakovic, 2009) The process of developing a new information system requires a careful and in-depth risk analysis and assessment, and hence Briargrove must conduct a risk assessment and analysis before the inception of the project (Durkovic & Rakovic, 2009).
It is helping Google to improve its own mapping and navigation system. Face book also was one of the bidders for this acquisition but lost it to Google. But United States Federal Trade Commission is inspecting the acquisition process because they think there was some violation of Competition Law.
The hard skills require the display of good risk management abilities while the soft skills necessitate the project manager to show good interpersonal communication. Project managers make use of various tools to