Latest Trends In Project Management
                     Latest Trends In Project Management
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Introduction
Project management has come far ahead and even long run with the changing scenario of  
the time. The working scenario has been completely transformed from the use of pen to the  
latest methodology and technologies. The use of sophisticated software is enabling  
managers to handle projects easily. Not only the working software is changing with the  
changes in time but even the expectations and business practices have undergone drastic  
changes. All the old methodology and outdated tools are kept beside. Here is the  
emergence of new trends that business is witnessing over a short duration of time.
Adoption of the Collaboration Tools In Widespread:
There exists no confusion regarding the results increment after the collaboration. All the  
project management that are ancient or conventional is widely replaced by collaboration  
software like Jive, Slack, and yammer. All the managers associated with the projects need  
to use their skills and expertise in changing the management for adopting the platform of  
the collaborations. Many of the business intelligence specialists of the organizations are  
completely focusing on the collaboration of multi-users just for handling the projects. If  
anything, this collaboration trend will be getting more popular in the coming days.
Implement Project Portfolio Management (PPM):
NPD has completely merged with the PPM with the trending of Internet of things has  
somewhere given the rise of the new brand's development like GenSight in the specific filed  
of enterprise product creation. The maximum number of the project managers are  
completely focused on delivering many improvised products and services that can easily  
meet the need and demand of the trending market of being agile to the targeted customers.  
The NPD PPM is extending and is its application will be soon available to offline solutions.
Emotional Intelligence Is Sought After In Project Managers:
To get success in project management as a project manager or project coordinator, it has  
become more imperative to hold emotional intelligence and soft skills. All project managers  
should have the capability of managing emotions in the office environment. He should have  
the awareness of handling emotions and should have the potential of using emotions for  
problem-solving and should be good enough in regulating his emotions for cheering up the  
environment of the office. The main reason behind gaining emphasis on EQ is that it drives  
peers engagement better, reduction of turnovers, and improving the loyalty and productivity  
that directly affects the company’s profit.
Losing value of PMP Certification: for a longer period, there had been a craze and demand  
for certified professionals in the PM domain. Organizations nowadays prefer skilled  
professionals to certified professionals because skilled employees try to display  
management skills because they hold expertise in the field they are working in.
Agile Management
Throughout history, agile management was mainly applied to the field of software. In  
present days it is used in every sector like graphic designing, finance, and marketing.
Mixed up methodology
Organizations are making changes to use the blended methodology that is derived from  
different aspects related to scrum, agile, and other different methods. All they demand is a  
better result. The blended approach has improved the success ratios of the project that  
adds value to the business.
Gaining ground at the remote workstations:
The operation of working from the remote location is becoming more popular in present  
days. Organizations are even allowing this because it has proved in increasing engagement  
which finally leads to better productivity. Most of the employees want to work with no dog  
watch over them as they want to work freely and bring creativity. But this method is  
applicable only if the employees are proactive.
Automation:
Work like timesheet filing, regular basis updates are simple and are not in the high position  
of the interesting activities. Automation tools are now integrated into the system of  
generating reminders and status to simplify project management. Many of the brands and  
companies are going for extending the addition bots for the tasks.
Big Data:
The most important technology that is trending is the impact of project management. It is  
emerging as the basic need of project management to process heavy data effectively and  
much effectively. It even helps in identifying the weak link-ups in the team to resolve them  
with the best possible solution.
Integration of learning from legacy projects: there are many important lessons in project  
management in successful legacy projects of a particular firm. The specific project  
executive can include the factors of success from projects by simply training the team  
members on the effective approaches that were utilized previously.
With the system of trends changing in the professional environment and working together  
with the team remotely is of great importance for any project manager. All the above-  
mentioned trends are much needed for the success of any project manager.
MindCypress will help you with the training. Contact us today!
Resource: https://blog.mindcypress.com/p/latest-trends-in-project-management