The Future of Project Management

This report discusses the challenges faced by current project management practices and the future trends that could be adopted for better management of projects. It highlights the importance of using the latest technologies and trends to improve project outcomes and results. The report also covers the drivers and trends for future project management, including virtual teams and globalization, open innovation culture, workforce diversity, and technology-supported economy.

Running head: THE FUTURE OF PROJECT MANAGEMENT
The Future of Project Management
Name of the Student
Name of the University
Author note

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Executive Summary
Project management is considered as a wide aspect and it leads to many important benefits
towards companies and the ways in which they execute their ways of managing project concerns.
Different companies incur new kind of processes and planning based on a proper level of
understanding of project aspects and then determining the future outcomes generated from the
projects. The following sections of the report would thus discuss the most important aspects that
could be achieved with the future drivers and trends. The primary part of the report discusses
about the challenges that are faced by the companies in the present times with the use of
traditional methods and approaches. By using the traditional approaches of project management,
it has been seen that the companies mainly lag in terms of benefits being generated towards their
process. However, the discussion further proceeds by discussing about the importance of using
latest technologies and trends based on which the project outcomes could be further be
improved. The report helps in creating an analysis over the use of future trends and important
technologies that could help in better management of projects by delivering quality outcomes
and results.

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Table of Contents
1. Introduction..................................................................................................................................3
1.1 Research Question.................................................................................................................4
2. Discussion....................................................................................................................................4
2.1 Challenges of Current Project Management Practices..........................................................4
2.2 Drivers and Trends for Future Trends...................................................................................6
3. Conclusion.................................................................................................................................13
References......................................................................................................................................16

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1. Introduction
Project Management (PM) is a broad area, which involves a broad set of individual
components, which are combined together to develop a holistic approach in order to reach to a
specific objective. In the past years, the concept of project management has been in the process
of experiencing various important changes (Varajão et al. 2014). The previous experiences that
were managed with the help of tool-based approach have been replaced with the help of holistic
competence based discipline of management. There are many core people within the
management of an organisation who have a major belief that project management would become
the core competency in the future and thus would be highly adopted for achieving high benefits.
The rising trends based on digitisation and globalisation have created a high demand for
various skilled professionals of project management. These emerging trends that have been
demanded by the various professionals need to be implemented within the current aspects in
order to bring about greater results in the future times. In the recent times, the concerning
projects are proliferating on a global basis (Walker 2015). From the present trends, it can be
discussed that in the next decade, various organizations ranging over all types and sizes would
require more than 99 million people in various roles associated with project management. The
practices and principles that are followed in project management would be in the process of
evolvement with the increasing focus over the digital economy.
Although the study concerning project management might seem to be an easy process but
it is generally considered as one of the major challenging jobs. It has been understood from the
various previous experiences of using project management theories that there is a massive need
to bring in great changes in the ways in which the current projects would be managed (Too and

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Weaver 2014). The discussion also focuses over the rising trends based on improving the factors,
which lead towards the improvement of project management methodologies. The practice of
disruption in the market is highly needed and this could be possible with the help of efficient
form of project management strategies (Miklosik 2014). In the following sections of the report,
the different challenges, which are being faced by the current practices of PM have been
discussed. After the discussion over the challenges, the future trends would be discussed that
would focus over project management trends and practices that would be adopted for the better
management of projects.
1.1 Research Question
What are the current challenges faced with the recent PM trends and what trends need to
be followed in the future for solving the specific problems?
2. Discussion
2.1 Challenges of Current Project Management Practices
With the growing development of methods and approaches, which are being made, there
have been major improvements in the kind of problems that need to be solved. However, with
the growing development of the technological approaches, the Project Management Offices
(PMO) have discovered the fact that the concept of future project management is faced with
opportunities and challenges (Noe et al. 2017). The traditional structures followed within the
present workplace are tearing down and are unable to support most of the methods that need to
be designed for enhancing the culture of an organization. In the present times, there has been a
more form of decentralization within the workplace culture. Although the practice of
decentralization could be considered as a great practice because the people involved within the
work would be solely responsible for driving changes within the workplace.

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On the other hand, this practice could be considered as a situation of chaos as in most of
the times, the work infrastructure would not be in a situation of support. The top challenges,
which are being faced within the management of projects and by the project manager are
described as follows:
1. In-house planning approaches – Most of the problems that are faced by the project
management approach is based on internal problems. In many cases, it has been seen that the
officials of a company do not properly define the objectives and goals for their business before
delving into it (Alotaibi and Mafimisebi 2016). Hence, this situation might pose challenges
before the project management team to clearly define the objectives for the project. They would
not also be able to understand the ways in which they could lead the project till completion.
Budget, goals and timeframe much before the commencement of a project. Various other options
also need to be chosen during the time of project planning in case if any idea does not work out.
2. Low corporation from team members – Most projects need to be managed by a
dedicated PM team who would be solely responsible for describing the kind of inputs need to be
selected and the kind of outputs that would be generated. Other problems could be with the fact
that inexperienced team members might create a risk before the project management team as
they might not be able to work over a particular module that would be provided to them (Opoku
and Ahmed 2014). Proper amount of tailoring to a particular job role and ensuring successful
training is being provided is a highly crucial factor for progressing over future tasks.
3. Low estimation of risk scenarios – There might be some moments in which the
project manager might assume the risks within a project to be extremely low but in the long run
they might create negative outcomes towards the future of project (Popaitoon and Siengthai

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2014). Knowing the risks could be considered as a crucial factor as this would help in reducing
the tremendous effect of the risks and thus changing the feasibility status of the project.
4. Low communication standards – Communication standards within a team is the most
crucial factor. The project manager working over a project should be highly interactive in nature
and thus they should define plans based on communicating with the other team members, form
strategies and implement them wherever necessary.
5. Expectation management – The management of expectations is one of the crucial
concern. The availability of resources, training, deadlines and payments can be considered as
emerging issues arising during any time of project (Nonoyama, Wen and Rout 2016). Critical
issues might arise during the management of expectations of project managers and matching
them with the appropriate project goals.
The above challenges are considered to be highly critical in the context of project
management and these might reduce the profitability factor for project completion and achieve
success (Pinto 2014). Change management might also cause critical problems to the internal
structures of an organization as most employees or systems might not be able to grasp the ideas
generated by the new system.
2.2 Drivers and Trends for Future Trends
With the fast pace at which projects are been developed, there is a major need for
developing new kind of trends based on introducing new concepts based on project management.
New methods of working that would be enabled with digital technologies could be helpful for
projects (Darko and Chan 2016). Some of the primary drivers of project management that could
be applied to the future trends of supporting major projects are discussed under:

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1. Virtual Teams and Globalisation – With the impact of globalisation, there has been a
rapid development of processes and tools, which would be aimed towards the coordination and
collaboration of employees and teams. Advancements in the areas of ICT would be creating
immense possibilities for businesses to depend on virtual teams who are believed to deliver
projects in a short period of time with immense flexibilities (Barnwell et al. 2014). Thus the
development of virtual teams would offer great advantages for accessing a much diverse
workforce. Although the shift towards virtualization might bring challenges towards project
management but they would generate huge benefits for the future project outcomes. During this
process, there is also a major need to find the proper employees and improve skills within the
virtual workforce (Colomo-Palacios et al. 2014). The future of project management in any sector
could thus be improved with the help of bringing new form of human-machine interfaces,
development of value chains and ensuring a proper connectivity.
2. Open Innovation Culture – In the present times, it can be seen that there has been a
major shift from the traditional closed models to open models of innovation. These models are
thus considered to be highly innovative and productive in nature and thus have the capability to
deliver better future outcomes and drive towards the creation of value based services. There are
many companies who have tapped into the investment strategies for intellectual capital based on
crowd sourcing new solutions and ideas (Vanhaverbeke, Chesbrough and West 2014). In
exchange to this approach, these companies have innovated the process of rewarding their
customers based on their use of the products, which are been developed, manufactured and
designed.
In recent times, companies are in the process of collaborating with other industries in
order to master over ideas and develop innovative products and services. This can be seen as a

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useful feature as with this, they are developing new technological innovations that could enhance
the livelihood of people and change the project management strategies (Lloyd-Walker et al.
2014). Whenever the project management teams located at two different companies collaborate
together to develop a new project, they share common ideas and also discuss about many new
aspects, which could ultimately prove beneficial to them. The process of ‘coopetition’ would
primarily occur when different organisations would produce the product and deliver them to their
prospective customers (Brunswicker and Vanhaverbeke 2015). Generation of benefits from this
approach could be considered as highly useful whenever different companies would forge
various alliances present over traditional boundaries based on focusing over the purpose of
sharing common costs.
Modern form of communications have also made the process of project management to
become easier in terms of sharing and exchanging of knowledge. Within the professional space
of sharing of ideas, open culture of innovation has been thought to provide a leading factor for
changing relationships between supplier and client (Hossain 2015). This method of collaborative
partnership would thus enable strategy building and a rapid shift towards the management of
traditional client definitions.
3. Workforce Diversity – With the proliferation of technology, the organizations
working over different projects are in the process of employing a diverse workforce culture. The
growth of several kind of new technologies, shifting demographics and global connectivity are
majorly helping different project managers to maintain all aspects of projects (Saxena 2014).
These project managers should define some kind of innovative strategies based on which they
would develop cultures and new skills that could be useful for project.

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Organizations should also develop a flexible arrangement of working culture. Based on
different trends of estimates, it has been seen that the projections of higher entry of women
within organizations have been higher by the year 2025. These organizations should also develop
a strong sense of interactions made between shifts in order to help in tackling fresh challenges.
Thus, a flexible working structure should be developed in order to help people to collaborate and
work together (Janssens and Zanoni 2014). With the impact of the virtual team forming concept,
the virtual teams would be able to collaborate with cross-cultural boundaries and develop strong
strategies for managing projects of all sizes.
In the recent times, there has been a major pattern in the type of working environment.
Family patterns are highly changing, which further leads to change in working environment and
a further progress over the work type culture. With the change in family patterns, there have also
been a great shift in the form of responsibilities that needs to be undertaken by men and women.
In order to establish an attractive nature of work across all forms of age groups, the project
manager should establish a culture of mutual respect and thus compliment hierarchies. New skill
sets should also be need to be developed for the prospect of future managers within an
organization (Michielsens, Bingham and Clarke 2014). Thus, a flexible working environment
and development of a virtual team network within an organization would be highly essential and
further help in the development of proper working environment. It would further lead to positive
impacts towards the higher benefits towards project outcomes.
4. Technology supported Economy – It is also commonly known as ‘Gig Economy’ and
has been a rising topic in the international media. This form of economy is primarily referred to
web-supported marketplaces in which businesses and other organizations are able to connect
with various other business ventures (Alias et al. 2014). Independent service providers and

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freelancers are also able to connect with each other within this shared platform. The factor of
platform capitalism could be discussed as an extension of sharing economy and freelance
economy. Some of the major examples of this kind of management strategies are of Airbnb in
which a certain accommodation is put under rent. Another examples is of Uber in which they
hire third party driver partners to provide customer service. The proliferation of these form of
online platforms have allowed expertise skills to specific skillsets for the purpose of accessing a
global marketplace.
With the sudden growth of the gig economy, the primary responsibility has been put over
the technology service providers. A technology enabled workforce would need to be present
within an organization who would be responsible to remain active during all stages of a project
development phase. They would be considered as highly talented and having a high sense of
creativity and good subject knowledge over any topic. With the growing number of talented
workers in the workplace, it would be highly beneficial for the organization to bring in better
benefits towards the business (Teller, Kock and Gemünden 2014). With the growing use of
technology, there have been a huge rise in the number of freelancers who are performing tasks
for an organization. Thus, it can be described as an easy aspect for project managers to make a
particular work been done by these freelancer groups.
However, on the other hand, the gig economy is faced with many challenges based on the
concerns in relation to staff loyalty, job security and proper kind of development approaches
made over training purpose (Golini, Kalchschmidt and Landoni 2015). Hence, in order to deal
with these aspects, it would be highly be essential for organizations to support freelancers with
appropriate kind of protection in relation to jobs and exclusive benefits.

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5. Changing culture within corporate sector – In the recent times, few people within an
organization are following the traditional culture of work, which is meant by full-time
availability. As more and more people are making their way into the corporate world, there
might be a massive need to change the traditional workplace culture and develop new strategies
based on developing healthy relationship with every employee (de Carvalho, Patah and de Souza
Bido 2015). One such example of this phenomenon is that people might need to bring in
exclusive strategies based on developing a unique leadership style. Hence, flexible kind of
working arrangements need to be made that would help the project leaders to ensure a better
form of communication between every workers.
Flexibility within the corporate culture would highly be required to adapt to changing
environments. The aspect of Corporate Social Responsibility (CSR) is one of the most increasing
differentiating factor being introduced at every organization. It has been estimated from various
studies that CSR might become a major factor for influencing the corporate reputation with 50%.
With the impact of the new concepts based on the development of a new form of work culture, it
can be understood that there need to be a rich form of correlation between strong CSR values,
sustainability programmes and employee engagement (Ramazani and Jergeas 2015). It has
further been analysed that employers who would be able to achieve a 55% of better atmosphere
of work would be able to incur more number of employees within the organisation.
In order to manage every aspect of a project, organizations should also think majorly
about the facilities being provided to the entire team working over a project. Better aspects such
as technical facilities, better salary structure, incentives, bonuses, medical facilities and many
others should be provided exclusively to employees. These kind of factors would create an
attraction to new employees and thus they would be able to incur better facilities in the coming

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days. Employees have several kind of expectations from a company and hence these companies
should develop such kind of amenities for the betterment of work culture (Mueller 2015). With
the growing use of technology in various aspects of project, employees in the present times
mainly depend on the high quality of technical equipment being provided to them at the
workplace. This would further lead to improved productivity and better future outcomes for any
concerned project.
6. Human-machine and Automation collaboration – The rapid advancement of digital
technologies have brought about many new kind of promises for the organizations working over
different scale of projects. The work nature would also be transformed to a high extent. The
impact of robotics technology and artificial intelligence (AI) have made a sophisticated nature of
work before the people (Cahill and Callari 2014). Communication and collaboration with
different user interfaces have been the most fundamental factor leading to major changes in the
structures for the workplace. They might also lead to new possibilities in terms of creativity and
productivity in the workplace culture.
The collaboration of humans with machine would majorly lead to open new avenues for
network-based and virtual companies. It would also lead to increase in value streams. These
organizations should also keep into consideration the composition and shape of the people
(Kistan, Gardi and Sabatini 2018). According to different reports being published by Deloitte,
there had been a survey been made over 41% of major companies who used to follow different
traditional processes (Følstad et al. 2017). However, these companies have employed different
AI technologies within the workforce culture. Thus, this technology would be creating immense
possibilities before the people as they would be able to bring about major changes in the kind of
projects that are been developed by them.

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However, it has been seen that the implementation of technology would prove to be a
greatest scope for bringing in change in the manufacturing sector. Automation of repetitive tasks
is also another major factor that would be solved with the impact of technology and thus help in
higher production in the workplace. As different companies are in the process of redesigning of
workforces and jobs, there might be several discussions arising regarding the various limits that
would be set for automation (Schuhet et al. 2014). As companies would be shifting their focus
over the aspect of automation, hence they should also be able to rethink their strategies in order
to assign people with roles based on particular areas in the workplace that have implemented AI
and automation. Thus, business should make use of reframing option for jobs and dividing their
skill levels.
Other technologies such as Internet of Things (IoT) refer to the different ways in which
individual devices would be connected to the Internet technology and thus make work possible.
With the high impact of IoT supported technology, PMOs would have the major capability to
integrate various kind of physical resources such as equipment, machinery and tools within their
digital infrastructure and thus create a connected networked setup based on communicating with
each other (Pacaux-Lemoine et al. 2017). This would thus help towards an adaptive and dynamic
form of project management systems, which would be able to collect, process and analyse
different kind of decisions in order to achieve towards a common objective. One such example of
the use of intelligent systems within construction projects is the inclusion of IoT sensors within
drills, cranes, excavators and various specialist equipment that are used during construction of a
building (Wittenberg 2016). With the help of the intelligent system, the people who are
continuously monitoring over the project would be helped by analysing the data and making
future decisions.

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3. Conclusion
From the above discussion, it has been understood that various kind of aspect could be
introduced into the domain of project management in the future. The high rise of transformation
in the corporate sector has led to the unleashing of digital revolution, which has further lead to
the need of establishing project management practices within an organizational context. The
discussion in the above sections of the report helps in understanding of the factors based on
which a new generation of advanced project management practise could be created based on
innovative technology and fresh-minded people. The discussion in this report focuses over the
different kind of challenges that are faced by various project management teams during the
designing of projects.
In the present times, it has been seen that various companies are facing tremendous
challenges in the management of team efforts and bringing in major changes for the culture of
work. In the present times, there is a fast need to analyse results that are been generated by
customer data and thus produce exclusive results. The project manager also has a primary
responsibility to deliver any kind of work in an efficient manner. They would be considered as
the primary person who would plan the outline for the project and thus manage the future
outcomes of the project.
However, the other parts of the report discusses about the ways in which different aspects
of project could change for the purpose of bringing in major benefits for an organization. Thus,
the report discusses about the future drivers or trends that could be brought into the different
project management strategies. Internal transformation of workplace culture would majorly help
project management team to make varied use of strategies to deliver projects in a successful
manner. Hence, the project managers should also be highly efficient in order to deal with the

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challenges that might overcome during the shift from the traditional culture to the new aspects.
The report discusses about six important strategies that need to be put in proper place and which
would be highly helpful for future outcomes. From the understanding of the report, certain
limitations have been understood. Although the report discusses about the strategies based on
which the future trends could be linked with the project, but there has not been any clear
overview of the ways in which the shifting from the traditional approach could be made. Thus,
this discussion could have been crucial for the report as it would help in understanding the ways
and processes in which the future trends could be implicated.
From the discussion, certain assumptions that could be concluded is that the discussion
would help in understanding about the ways in which organizations could improve the processes
of project management strategies. These PMO systems would become much more adaptive and
responsive. Hence, it would help in adapting and identifying the future opportunities while
helping the organization to compete in the leading global marketplace and yet earn higher yields.

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