MAY - 2019CONSTRUCTIONTECHREVIEW.COM8Rapidly evolving developments in technology are impacting the landscape of project management, prompting transformations. Business leaders will need to harness new technology in order to revolutionize the way that project teams think and work, in order to compete. Consumers expect to have products and services immediately through the use of a variety of mobile devices, market late-comers will easily loose the chance to participate in this new technol-ogy driven environment. What this translates into is that companies can no longer effectively rely on highly institutionalized classic project management with heavy project schedules and complex dependency ridden Gantt charts to succeed. Project managers will be expected to change the way they currently operate by adapting project management practices, which allow for increased flexibil-ity and can demonstrate results immediately. All to be achieved with dispersed resources and myriad of information transforming how we sell, collaborate, and communicate internally and exter-nally.Project managers and PMOs should consider acclimating to the following in order to compete in the changing digital environment. Distributed ResourcesVirtual project teams are the new normal. Companies are increasingly leveraging the options of a distributed working team to provide employees flexibility, gain global footing as well as take advantage of economical resourcing. Technology is closing the distance gap, making remote working much easier to accomplish. With team members no longer collocated, project managers are required to become more versatile in communication delivery by using collaborative tools for messaging and project status. While not all companies have a need for remote project management, it is increasing in popularity and bears consideration especially when determining the additional security required to safeguard data being shared between colleagues in multiple locations. Attention should also be given to different time zones, communication styles, cultureas well as system access. Using online collaboration tools,project By Rakhi Seth-Forrest, Manager, Process Operations & Consumer Fraud, HBOTECHNOLOGY DEVELOPMENTS AND TRANSFORMATIONS IN PROJECT MANAGEMENT IN MYOPINION
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