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If there is one factor that has remained constant throughout the lifetime of the project management sphere, it is change. The evolution of modern technology is directly reflected in the trends that elevate the standard of project management tools and methodologies every year. If you are one of the thousands of businesses that have newly adopted or consistently use project management tools and techniques to further your operations, it is important for you to keep up with the latest trends if you are to continue competing with the top dogs in your niche.
To get a better understanding of what project management looks like in the year 2020, let’s explore the top trends that have dominated this industry this year so far and will continue to do so in the near future:
Artificial intelligence has always been everyone’s favorite buzzword. Fortunately, it has established itself as one of the leading trends in a plethora of fields and applications, including project management systems. The goal is to improve the workflow, make it more productive and streamlined, as well as add features such as real time, algorithm based insights that enhance the interface and overall user experience. AI can also be used to automate basic tasks to take the load off of your employees.
Data analytics is also set to take the front seat in project management setups. It should come as no surprise that the primary focus of any project management system is the data it collects. The success of your project management system will be determined by just how many useful insights and trends you are able to pull from that endless pile of information. The challenge would be to perform data analysis in real time for more accurate and elaborate results which can subsequently be used to modify business strategy. That is why the new trend is to use cloud based analytic tools for this purpose.
The issue of cybersecurity has been an ever present since a long time but has become all the more pressing in the contemporary technology driven industry. With the rate of data breaching attempts and cyber crime on an exponential rise, incorporating elements of cybersecurity into your project management strategy and design outline has become a popular trend for this year and beyond. In fact, we may even see the use of blockchain and cryptosystems to enhance cybersecurity in project management systems very soon.
Just like artificial intelligence, the internet of things started off as a popular buzzword a few years ago, but has quickly become one of the leading disruptors in the business industry and the world of tech. With the help of the internet of things, you can connect all of the tools and devices involved in your project management system. This means that all of the components can be controlled and manipulated remotely with a single click.
The contemporary business industry is built on communication and collaboration, and project management systems in 2020 are going to be no different. We are already looking at a boom in the production of collaboration tools that will enable a number of teams to remotely connect with one another and finish projects with thorough communication throughout the process. If you are looking to start a project management setup soon, be prepared to invest in an efficient collaboration tool and devise a suitable communication plan for the various departments that constitute your team.
One of the most important things to keep at the forefront when designing your project management design and strategy in 2020 is to ensure that you have the wiggle room to adapt to any changes that may be necessary to make to your model to optimize it. Flexibility and versatility have become key features for the success of your project management framework as these factors allow you to embrace change in your workflow and optimize its performance in accordance with the business atmosphere at any given time.