Project Management

How Will the Metaverse Change Project Management?

Paul is a management, strategy and business transformation consultant, specializing in digital transformation and program management. He has over 15 years of technology transformation experience, and several industry certifications.

When Facebook announced it was changing its name to Meta, some relished the news—while others took it with a grain of salt.

That’s no surprise: Skepticism is typically a byproduct of any innovation. People were doubtful when they had to start moving to the web—and later on, when they moved to mobile (these days, we can barely function without our mobiles, which seemed implausible 15 years ago).

This is also true with project and portfolio management. As managers, we should first try to understand what a change is about. More importantly, it is important to understand how it might affect our modus operandi. As with any change process, it will have pros and cons.

So, as we embrace the metaverse, let’s try to come to grips with what the future holds for us. If Meta holds up its end of the bargain, we might be in for another paradigm shift in how we manage projects.

While we have yet to see how a new, simulated digital reality will play out in terms of combining various aspects of social media, online games, blockchain technology, virtual reality (VR) and augmented reality (AR), the company is putting out feelers about its future products.

Some people have already tested the company’s professional version of the metaverse, which is still in the works. Others have been publishing their deliberations on what to expect. I have reviewed …

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