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5 Project Management Trends You Should Know in 2023

LiquidPlanner

The basics of good collaboration, communication, scheduling and managing risk might still underpin everything we do, but project professionals have to regularly adapt to the world around them. But what has been shaping the direction of project leadership in 2023? Get good at budgeting so you keep project costs under control.

2023 158
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Importance of Scenario Planning and Analysis in Business

ProjectManager.com

It considers trend analyses and qualitative data, but also examines quantitative data and past events. By using regular and consistent scenario planning, organizations can better allocate resources successfully, mitigate risk and decrease production costs. Scenario planning is different from forecasting.

Planning 341
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SWOT analysis in project management: definition, instruction & example

Inloox

How to perform a SWOT analysis Once the SWOT analysis is completed: 5 key approaches for strategy development Concrete example: SWOT analysis in a software development project Conclusion 1. This knowledge enables the project team to develop and implement risk management strategies to avoid potential obstacles or mitigate their impact.

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Visualizing Progress: How to Understand and Use Trend Charts

Wrike

A trend chart is a powerful visual tool that can help us understand and analyze data over time. By plotting data points on a graph, trend charts provide a clear picture of how values change and evolve. Finally, we will explore some practical applications of trend charts in various fields. Let’s dive in!

Retail 36
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Business Acumen for Project Managers [Free Checklist]

Rebel’s Guide to PM

PMI defines it like this: Professionals with business acumen understand the macro and micro influences in their organization and industry and have the function-specific or domain-specific knowledge to make good decisions. I’ve done inductions for a number of new project managers who couldn’t tell me how their new company (i.e.

PMI 379
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Project Controls: A Quick Guide

ProjectManager.com

Think of project controls as the mechanism that keeps a project on schedule when planning and executing, keeping costs within budget. In project management, project controls address the following: Project strategy. Cost estimates. Project documentation. Implementing Project Controls.

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The Meta City, Remote Work, & the Strategic Project Manager

The Strategic Project Manager

The Evolving Organizational Ecosystem The Meta City phenomenon is influencing much mor than just recruiting. It is influencing manufacturing, distribution, financing, marketing and sales. It is important to consider the context of project decisions within this long term mega trend.