ENG8208: Advanced Engineering Project Management Report on Trends
VerifiedAdded on 2022/11/30
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Report
AI Summary
This report delves into the evolving landscape of project management, particularly within the context of emerging technologies such as cloud computing, Artificial Intelligence (AI), and the Internet of Things (IoT). It highlights how these trends are reshaping the role of project managers and impacting project execution. The report identifies key challenges associated with each technology, including data security, high operational costs, compatibility issues, and the need for specialized skills. It also discusses the importance of Project Management Offices (PMOs) in navigating these challenges and ensuring project success. Furthermore, the report emphasizes the need for project managers to acquire new skills, such as leadership, team management, and risk management, to remain competitive. It concludes by underscoring the importance of adapting to these changes to improve business efficiency and achieve operational and functional improvements. The report also examines how each trend influences project planning, organization, and completion and suggests various strategies to manage each project effectively.