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Topics: Agile, Innovation, Organizational Project Management
Project Management: New challenges and opportunities
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The growth of technology in recent years is phenomenal, especially in terms of increasing productivity and bringing efficiency in the software life cycle. Several new concepts, processes and new technologies have been launched continuously to reduce cost and time-to-market. Such recent adoptions are executing major projects in Agile Methodologies, Integrating DevOps. Not only small companies but many major financial and other non-financial institutions are putting significant amount of effort in implementing new technologies and processes in order to remain competitive in a global economy and meet the needs of their customer’s. This is the only way to keep an organisation either on par or ahead of their competitors. However, the core challenges are seen when an organisations attempt to bring in new technologies and processes without bringing appropriate awareness, providing the required trainings and more over the 1st and foremost thing is to showcase is the benefit realization. There are always 2 schools of thoughts – one who believes that “change is the only constant in life” and always ready to embrace change and the other school always resist to accept the change. The fact is that if we do not accept change and do not follow the trend, we will be the 1st one to extinct. Nokia, the number one cellphone maker company a decade back lost its market share to its competitors such as Apple and Samsung due to failure to realize the importance of lifestyle products like the smartphones. The company was not able to bring innovations to market. Some other examples are Kodak, Motorola, Sony, Yahoo etc. The same rule applies to individuals, skills, roles and positions etc. This is the right time where the Project Managers (PMs) need to acquire new technical skills and execute projects based on the respective organisations.’ Requirements. I am seeing increasing demand of Project Managers being required to know more than what they are supposed to in order to catch up with the development team. For example, some of the technology related projects require a PM to have specific basic to intermediate relevant skills in order to execute projects in DevOps.
Challenges: We should be ready to learn new technologies and keep updating as and when they are required at the work place or even in the market.
Opportunities: The challenges keep us competitive and provide immense job opportunities beyond the core PM skills. One is not required to confine himself/herself to a particular industry where they have gained and utilized their experience. For example, if someone had worked majority of his/her time in finance industries, the tendency of both the employee and the employer is that they fetch their next career move or job requirements respectively in the related industry only. Now the new technology era will open a wide spectrum of opportunities in other industries as well only due to the technological advances taking over the domain or industry specific knowledge. I am also seeing in few organisations engaging their PM community in gaining the required technical skills to perform the day-to-day jobs. As they say “Every obstacle or challenge in life opens up multiple opportunities”.
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Hi Sailendra, should this be in the Blog or Discussions section? In the Discussions section, people usually post a question and get responses which may turn into a discussion.
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1 reply by Karan Shah
Feb 19, 2018 10:41 PM
Karan Shah
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I see what you're saying, Sante -- but I guess this post fosters discussion, too?

(Also, some of us have not yet earned the freedom to blog on this site, unfortunately.)
Network:763



It's a good post, Shailendra - very well elucidated.

This should not be something new, however. These challenges and opportunities have always been present (case in point: most of the quoted examples in the post are over a decade old already) and will continue to be present.

Additionally, what the post does not highlight is the rapid change of pace technology is taking now. It would need a prohibitive amount of effort for anyone other than an SME (and even for these SMEs) to keep up with the pace of change in infrastructure, technology, and methodologies.

There is also the factor of the amount of choice available when it comes to platforms and technology. Which one would one back? Any choice might become the Betamax of the 2020s. And then what after that? Surely the expectation cannot be that a PM becomes a master of all trades!

We have to remain SMEs in our domain - which is solely managing projects and programs while remaining agnostic to technology or platform. Yes, some technical subject matter knowledge helps - but a PM is not (and cannot) be expected to gain the level of expertise as a technical SME.
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1 reply by Sailendra Pathy
Feb 19, 2018 10:48 PM
Sailendra Pathy
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Karan - Thank you for the reply. It is true that it is difficult and challenging for a PM to learn and cope up with the prevailing need of the market. My only point was that when a PM becomes tech savvy, the opportunities and career growth will be abundant, especially in the current market where employers are looking out for PMs who are technically up-to-date.
Network:763



Feb 19, 2018 10:03 PM
Replying to Sante Vergini
...
Hi Sailendra, should this be in the Blog or Discussions section? In the Discussions section, people usually post a question and get responses which may turn into a discussion.
I see what you're saying, Sante -- but I guess this post fosters discussion, too?

(Also, some of us have not yet earned the freedom to blog on this site, unfortunately.)
Network:32


Feb 19, 2018 10:40 PM
Replying to Karan Shah
...
It's a good post, Shailendra - very well elucidated.

This should not be something new, however. These challenges and opportunities have always been present (case in point: most of the quoted examples in the post are over a decade old already) and will continue to be present.

Additionally, what the post does not highlight is the rapid change of pace technology is taking now. It would need a prohibitive amount of effort for anyone other than an SME (and even for these SMEs) to keep up with the pace of change in infrastructure, technology, and methodologies.

There is also the factor of the amount of choice available when it comes to platforms and technology. Which one would one back? Any choice might become the Betamax of the 2020s. And then what after that? Surely the expectation cannot be that a PM becomes a master of all trades!

We have to remain SMEs in our domain - which is solely managing projects and programs while remaining agnostic to technology or platform. Yes, some technical subject matter knowledge helps - but a PM is not (and cannot) be expected to gain the level of expertise as a technical SME.
Karan - Thank you for the reply. It is true that it is difficult and challenging for a PM to learn and cope up with the prevailing need of the market. My only point was that when a PM becomes tech savvy, the opportunities and career growth will be abundant, especially in the current market where employers are looking out for PMs who are technically up-to-date.
Network:13388



True Karan. I just thought perhaps Sailendra is new and posted that in the wrong section. I have emailed him privately on the process of submitting articles and authoring blogs.
Network:213



He Saleindra, Very well written . However, I believe that organizations should also play an effective role in making sure their PMs are up to date and are acquiring the modern skills necessary to achieve their personal as well as organizational goals. Unfortunately, many organization lack this kind of behavior.
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1 reply by Sailendra Pathy
Feb 20, 2018 9:29 AM
Sailendra Pathy
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Hi Syed - Appreciate your feedback. I agree to your point to a maximum extent. Some organisations do encourage their PMs to get trained on new skills. However the number of such incidents are very very less. In this case the PMs should opt to upgrade and grab the opportunities before they are let go.
Network:1001



Sailendra -

This is similar to the debate about the employment impacts of AI & machine learning. For those who choose to be complacent, the accelerating pace of change is a threat. For those who like challenge, variety and lifelong learning (which are all attributes of good PMs), this should be further motivation.

Kiron
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1 reply by Sailendra Pathy
Feb 20, 2018 9:34 AM
Sailendra Pathy
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Thanks, Kiron for providing your view. That is also my point that challenges will open up new opportunities.This will also keep a person competitive. Basically it will never allow one to go to a comfort zone.
Network:32


Feb 20, 2018 2:39 AM
Replying to Syed Faizan Ali Shah
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He Saleindra, Very well written . However, I believe that organizations should also play an effective role in making sure their PMs are up to date and are acquiring the modern skills necessary to achieve their personal as well as organizational goals. Unfortunately, many organization lack this kind of behavior.
Hi Syed - Appreciate your feedback. I agree to your point to a maximum extent. Some organisations do encourage their PMs to get trained on new skills. However the number of such incidents are very very less. In this case the PMs should opt to upgrade and grab the opportunities before they are let go.
Network:32


Feb 20, 2018 7:59 AM
Replying to Kiron Bondale
...
Sailendra -

This is similar to the debate about the employment impacts of AI & machine learning. For those who choose to be complacent, the accelerating pace of change is a threat. For those who like challenge, variety and lifelong learning (which are all attributes of good PMs), this should be further motivation.

Kiron
Thanks, Kiron for providing your view. That is also my point that challenges will open up new opportunities.This will also keep a person competitive. Basically it will never allow one to go to a comfort zone.

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