Project Managers Are Working Smarter by Working Together
Well-trained project managers are the emerging leaders of global organizations. They bring about change and put aside old practices and traditions to revolutionize the way work gets done—today and tomorrow.
The growing concerns surrounding inflation, supply chain issues, and a potential recession are leaving corporations unsure about the path leading forward. The need to get products and services to market is paramount.
What are the experts saying?
Project managers are in high demand and HR Managers are vetting candidates carefully to ensure that they are work-ready at the time of hire.
According to the current PMI-commissioned talent gap analysis, conducted by the Anderson Economic Group (AEG), jobs and career growth for project managers worldwide is on the rise. The analysis noted that through 2027, the project management-oriented labor force is expected to grow by 33 percent, or nearly 22 million new jobs. In addition, PMI reports that the demand for project managers has been growing more rapidly than the demand for skilled workers in other occupations.
Leading Change
The importance of project management in organizations can’t be overstated. The effective and timely use of project management helps organizations run more smoothly, across all departments. It allows teams to focus on the work that matters, free from the distractions caused by tasks going off track or budgets spinning out of control.
Project leaders and managers bring excitement and the unexpected to the table—the ideas that ignite organizational growth and success. They are 100% of the solution as the world recovers from a costly pandemic and their role is being redefined and elevated across organizations worldwide.
The Agile Approach
Agile approaches to project management aim for early, measurable ROI through defined, iterative delivery of product increments. They feature continuous involvement of the customer throughout the product development cycle. Although agile has its roots in software and IT, agile adoption is growing and expanding in a wide range of industries.
Agile project management helps facilitate change, even as the team enters the final phases of project implementation. The goal of the methodology is to deliver the most valuable features first. Agile also enables communication with real-time information including cost management, time, and project scope.
The pace of change in the business world is getting faster and more intense, with significantly more competition. This reality drives the demand for projects to be completed quicker, and on tighter budgets.
Project management is the solution for project initiation through implementation, and completion. Project managers provide leadership, balance priorities, oversee resources, and track progress toward goals.