By Suzanne Johnson, MBA, CAPM, CSM, CSPO
In his article, Trending Topic – The Project Economy, Antonio Nieto-Rodriguez, a former chair of the PMI Board of Directors and world leader in project management shares the following, “My prediction is that by 2025, senior leaders and managers will spend at least 60% of their time selecting, prioritizing and overseeing the execution of projects.” Antonio sees a paradigm shift towards project-based work as more and more operational tasks are automated. This may be obvious to those PMs whose list of project assignments grows daily. What’s new is the C-suite valuing project management as strategic to new initiatives. This means upward mobility for project managers within the organization.
For Antonio’s full presentation on this topic: https://www.youtube.com/watch?v=LNdGfOuDokw
Originally used as a term for live musical performances, the gig economy is evolving as a way for businesses to address the shortage of project managers, especially those with specific domain expertise. Todd Williams, president of eCameron Inc. writes in The Future of the Project Management Role, “We’re moving more and more toward a gig economy, and a gig is a project, by definition. You start it and you end it.”
As a PM, think freelance, the freedom to choose your projects. The downside for the gig PM is potentially inconsistent work. The upside is a self-managed schedule and increased pay for both the freelancer and full-time project managers who may compete for the same work. This trend may be a viable option for baby boomer PMs who are looking to throttle back their work effort but maintain some level of income.
Advancing Traditional Work Streams with Project Management
As the discipline of project management matures, news areas are emerging that benefit from a process-driven, people-focused methodology. These areas represent opportunities for credentialed PMs beyond the historical nests of IT and construction. To capitalize on these new opportunities, PMs can and should hold true to deeply rooted PMBOK principles while tailoring the approach to the new environment.
One such area is human resources. Human resource departments typically drive organizational change. As organizations see the need to be more agile, HR is embracing the agile concepts of continuous learning, incremental change and employee-centric processes. University of Southern Maine is offering a one day class in May, Agile Human Resources.
I’m interested in what you’re seeing as trends in PM. You can reach me at https://www.linkedin.com/in/suzanne-johnson/.