We are in the second week of 2022 – at Execview – we have been discussing some of the trends for the year ahead.
For us, this year appears a pivotal one in the history of the workplace. Research shows the office is no longer likely to be the dominant workspace. We have begun to see employees’ taking control of their work lives. As part of “The Great Reset,” workers worldwide are re-evaluating their employment. There is a clear demand for a transition to a more environmentally friendly future. There are ongoing worries about the systemic impact of the Covid pandemic on labour markets, legislation, and regulation. The feasibility of a four-day workweek is also being debated. We anticipate that the coming year will be characterised by consolidation as several workplace themes emerge: economic recovery, flexible working, the green transition, sustainable and inclusive company models and digital transformation.
The project management industry is also adjusting. The traditional project manager’s responsibilities continue to evolve. New challenges and possibilities will develop in our hybrid world of remote teams and understaffed businesses.
This blog outlines what emerging trends will be non-negotiable for project management in 2022.
Remote Working
This is the most apparent trend. Project management – like other professions – is no longer confined to the office. Digital and remote teams are more widespread than ever before due to increased connections, shifting corporate ideals, and the emergence of the gig economy.
The pandemic’s start triggered a significant increase in remote working, which was already rising. Organisations worldwide have implemented new work-from-home rules that prioritise digital communication over a face-to-face connection to safeguard workers and restrict the spread of the virus. An Adecco survey found that 74% of workers say they would like a mix of office-based and remote work in the future. This has presented challenges for the project management sector. For example, some tasks are easier to carry out when everyone is in the same location; spontaneous co-operation, team building, project alignment, and other project management responsibilities are easier to manage.
However, this challenge does not imply that digital or remote teams are inevitably ineffective. Remote work has many advantages, including improved flexibility, which may help a company recruit and retain top people from across the world. Project managers must develop strategies to mitigate potential setbacks due to the rise in remote working, which is expected to remain long after the global health crisis fades. Clear and open communication has always been an integral approach for efficient project management, becoming even more important as this trend grows.
Demand for sustainability and social responsibility
In project management, sustainability and social responsibility are becoming increasingly important. For a long time, not just the financial aspects of a project’s performance have been examined, but also the amount to which the initiative benefits wider society. Sustainability and social responsibility are becoming major factors in project selection. More clients select partners who understand social responsibility and environmental standards.
However, this does not rule out the possibility of successful sustainable enterprises. On the other hand, sustainable project management leads to long-term organisational performance, value creation, and economic growth. Furthermore, resources are preserved, and a more sustainable planet for future generations is maintained.
We recognised these issues as critical trends last year, writing about diversity and inclusion in the workplace. COP26 led to us talking to Howard Gunstock, an innovative CEO aiming to extract carbon from the atmosphere. Also, we outlined our sustainability commitments and how Execview achieves sustainable project management.
Increased reliance on PPM software
Project management has long been a means of achieving objectives and reducing risk. However, its scope has extended to include a wider range of activities. Organisations may use PM systems to help them execute their plan. At the same time, they can also manage their portfolio and the different responsibilities that go along with it. This will enable them to make better-informed decisions and enhance their businesses’ progress toward important objectives while also adding value. External project management trends are also having an impact on our reliance on these technologies. The requirement to gather and analyse massive volumes of data will influence project management as the world transforms due to artificial intelligence and machine learning. Although it is impossible to anticipate how this will play out, most experts think it will be unavoidable.
Execview is a PPM platform designed to help teams transition towards the future of work by providing all the resources they need to stay ahead of emerging project management trends. Managing complex projects, communicating, and co-operating smoothly across teams and departments are part of this.
- Collaboration and Communication: Communication is crucial to a project’s success, especially when working with hybrid and remote teams. It is easy to make mistakes across teams and departments if you do not have a strong communication plan. Execview will assist you in developing regular communication with your team and stakeholders allowing collaboration at any time from any location. Create a project schedule to keep track of all the changes that each stakeholder needs.
- Managing complex projects: To achieve goals and budgets, complex projects require a staged strategy with gated governance. They also necessitate a collaborative effort to identify and comprehend the many dependencies that may impact success. Execview controls the project’s delivery’s scope, budget, timeliness, and quality. It provides a platform for managing governance to continuously evaluate project performance against a predetermined criteria and optimise resources to meet the organisation’s strategic aims. It also provides a platform for insight into what is needed to roll out fail-safe, strategically aligned initiatives that maximise resource utilisation and revenue.
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