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Three Trends that will be Important to Project Management

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I need assistance in identifying at least three trends that will be important to project management in the next decade.

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Solution Summary

The solution looks into the meaning of project management and takes into account current factors like environment, globalization and communication to identify three possible upcoming trends in management techniques. 379 words with references.

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MEANING OF PROJECT MANAGEMENT

Project Management is all about managing your tasks and goals with the optimum use of available resources within a finite frame of time. Trends that will be important to project management:

1. Global competition
Competition in the global marketplace will be increasing. Special challenges will be there due to globalization. There will be special challenges arise from differences in cultures, tradition, values, philosophies and languages of the project partners. In addition, attitudes of the project team in each of the partner organizations take on added importance. The financial risks and implications ...

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