Slow economic growth and shifting market priorities are driving organizations to adopt increasingly innovative approaches to growth. The Project Management Institute’s Pulse of the Profession survey shows that in 2012, organizations will use a wide variety of techniques to promote that growth and create competitive advantage through project, program and portfolio management. Key trends to watch include:
- Organizations will renew their focus on talent development as they look to grow and gain competitive advantage in new markets.
- Tight economic conditions will continue to spotlight the need for good project portfolio management.
- As organizations strive for agility in order to leverage shifting market conditions, change management and project risk management will become even more important core competencies
- Benefits realization will continue to be an important project and program success metric.
“Our research indicates that organizations that keep a sharp focus on fundamental project management practices are realizing huge results,” said Mark A. Langley, president and CEO of PMI. “By optimizing strengths and improving on weaknesses in the core project management practices, an organization puts far fewer dollars at risk for each project.”
For more information and a copy of the nine page report, see the Pulse page on the PMI web site.