The Future of Project Management

Yes,it was probably targeted at the local community.Cheers for the currency explanation Sushil.

Thank you very much... Its Great..

Well In this context 10 Bn Ind.= US$ 216 Million for all 591 Projects

I think then 2nd statement may be true wehre the writter states 5.25lakh Crore .. I calculated it = 112 Billion US$ (Huuuuhh Great amount of Money)... Read More

This is Gr8, but what is the projected timelines !! I would love to know about!!!

Thaks in Advacne, Baig

Future PMs will need to have strong leadership skills--the soft skills--but also need to have some technical understanding of the work being done.

Totally Agree,, But Point I am trying to make is the Future PM should be Gr8 Communicator because. In this time of Technological Advancement, We let Experts to do their job the thing in our hand is to Controlling thier output and let them to coordinate with Others technology Experts. PM is to ensure that all experts talk to each other.

One concern is the future workforce. I call it ATM. How do we attract, traing and maintain a well qualified workforce.

Share your insights into the future of project management!

I think that some of Alfonso's suggestions are great as a way to further your career as a management professional within an enterprise. Helping others understand the value you bring will always be important - but it's doubtful that many Project Managers will devote a great deal of time ["convincing the corporate powers that be" that all projects need to be linked to strategy]

A clip from the article -

"For example, even if you’re not invited to make formal reports to organizational leaders, feel free to suggest the link between projects and strategy yourself. Attend meetings so that you become more informed and then ask for 10 minutes to present on a project’s status."... Read More

If you do what Alfonso outlines above, you need to be sure you are speaking to an audience that really understands the strategy. That way you can check your facts and talk things through. Otherwise your bad assumptions might just create confusion about where the company is going.

In my company, one of the largest oil companies in the world, all of our projects have clear linkage with corporate strategies. But it wasn't always clear how the initiatives and activities of our PMO or "Center of Excellence," which provides support for projects, were linked to our Project Management organization's strategies. We created a web-... Read Moreenabled activity tracking system as well as an initiative tracking system, both of which require users to define which of our PM strategies are supported by their activities or initiatives. If there is no linkage (which has not happened so far) then we should not be pursuing those activities. Having these linkages makes it easy to justify what we are doing and to get a measure of the value added, as well as providing a comfort level for management that we are on the right track.

Please keep the comments coming. I've found these very insightful!

of course yes. project mgt exist within a sphere that should realyy be considered if we intend to achieve results

wow, very good question and a number of thoughts come to mind, on both sides of the discussion.