Question

in your own words , Describe recent trends affecting IT project management, including globalization, outsourcing, virtual teams, and agile project management

400 - 500 words

Answer 1

Globalization has created a “flat” world in which everyone is linked, and the “playing field” is a level for many other participants. Outsourcing is when an organization purchases goods and / or sources from an external source. Flexible project management is a project management method when conditions are unclear or change rapidly. Virtual teams arise when a group of people working in time and space uses communication technology. Each of these trends influenced how the project is being implemented and how projects should be managed.

Recent trends affecting IT project management:

1. The expansion of artificial intelligence (AI) and automation

Impact: Companies have already begun using AI in project management to carry out their daily tasks, requiring person effort through task automation. The effect goes beyond automating simple tasks, it is also very useful for getting performance information.

Project managers can use automation to perform complex tasks, from planning to data visualization, and make informed decisions based on the data received.

2. Inclusion of hybrid project management approaches

Impact: When implementing a hybrid model, you get the opportunity to combine all your projects, tasks, people and communications in one place, helping you make best business decisions.

For example, by mixing the traditional approach with the Agile methodology, team members with different views, work styles can work together in their own way, providing greater stability, involvement and efficiency.

3. The Impact of Emotional Intelligence (EQ)

Impact: project management goes beyond scoping, setting deadlines, budgeting. Project managers also need to manage people, which means more complexity.

Failure to understand the emotions of team members can lead to great emotional activity in the team. Obviously, the result is not always reckless.

4. More attention is paid to the analysis of data and numbers.

Impact: Whether it is project planning, quality management or risk assessment, the use of big data analysis has already begun to shape the world of project management. The data collected is useful in order to learn how to form teams, the size of the team, how to include and position team members, skill sets necessary for better project management.

5. Advanced tools and solutions for project management

Impact: Project management tools and solutions always been a factor in changing the rules of the game. Below are some ways in which these tools make positive changes to project management.

• Project planning: uses data from previous projects for better planning

• Planning and time tracking. Keeps track of time spent on tasks and manages scheduled events, appointments, milestones, and timelines.

• Communication and collaboration. Allows you to share important information with team members, customers, stakeholders.

• Budgets and timelines: helpsyou complete projects on a budget.

• Progress Tracking: tracks ongoing projects if they are on track or not, if resources need to be adjusted or not. [2]

6. Increased remote operation

Impact: Remote project management offers many benefits. Firstly, there is more flexibility in the schedule, and secondly no need to go to the office every day. The project cost is also reduced. In addition, you get the opportunity to work with a diverse personnel reserve.