Top project management trends to watch out for in 2021
February 13, 2021
The project management landscape was a lot different around a decade back. With lesser projects, tools, and methodologies, work was simple back then. However, things have changed drastically in 2021 as the business world has become much complex. The latest technologies have redefined the way people work. In this article, we take a look at the top project management trends you need to watch out for in 2021.
- Increase use of automation and artificial intelligence (AI)
AI and its implications can have a significant impact on business. The project management segment has already witnessed the impact of technology, finance, healthcare, etc. Many forward-looking organizations today have started using AI for their project management needs. They can automate menial tasks that require human effort. It also helps them in getting insights related to the performance of the team. Right from data visualization and data visualization, AI can also help in making data-driven decisions.
- Rising remote working
Remote working will continue for quite some time shortly due to the coronavirus pandemic. Remote working is anyway on the rise and will not remain limited only to a few industries. There are several benefits of working remotely. It includes not having to commute for long hours and working on flexible schedules. It will give rise to more emails getting exchanged, which leads to a higher spam rate for emails.
You can avoid this problem through the efficient management of your emails and email automation. Besides project management, you can also use automation for your marketing activities or communication with your clients and customers. The use of AI and automation in marketing helps to automate tasks like sending emails, text messages, social media posts, etc.
- Hybrid project management approach
It is difficult for businesses and teams to stick to one approach for all of their work. It is one of the reasons why a hybrid project management approach has been on the rise. Scrum masters combine multiple methodologies for doing their tasks. The best of both the agile methodology and the traditional project management environment gets combined by modern leaders. It also helps in better decision-making as all the projects, communications, and tasks remain in one place.
- Emotional intelligence
The success of a project depends on understanding and recognizing emotions as well. Emotional intelligence plays a vital role in analyzing the performance of teams irrespective of their jobs. The successful management of a project depends on many factors beyond deciding the budget, defining the scope of work, etc. People management is a critical aspect, where managers can often fail. When managers do not understand the emotions of their team members, the results will not get achieved.
- Data analytics
Since there is a lot of data involved, project managers need to leverage it for better decision-making. It helps in better handling of projects and business growth. Data analysis can help in many areas like quality management, project planning, risk estimation, etc. The data remains helpful for managing the team and projects skillfully. Data analytics has a lot of potential to offer value to businesses.
- Advanced tools and solutions
Project management software and tools are something that managers cannot work without. Most successful projects need to have the right tools for better planning and execution. Project planning tools can use historic data for better planning. Time tracking and scheduling tools help in establishing milestones and meeting deadlines. Communication tools assist in sharing essential information with all stakeholders. You can also manage the budget and deadlines through relevant tools.
Bottom line
The business world is dynamic, which means project managers need to adapt to the upcoming technologies to stay relevant. The pandemic will revolutionize the way people work in the coming decade. These trends will help you in understanding the changing work landscape
