This research proposal evaluates the importance of innovation in project management and the different processes by which innovation can be brought about in the different elements of project management. The research aims to identify the innovative practices in the field of project management and how they can enhance the future of project management. The significance of the study is to understand the importance of the innovative practices in project management and to develop new practices that will enhance the future trends in project management. The preliminary literature review discusses the importance of project management, the significance of innovation in project management, and the benefits of innovation in project management.