2023 Project Management Trends

In our post-pandemic world, fully remote and hybrid work options are here to stay. Gallup reports approximately 56% of full-time employees can fulfill job requirements entirely from home. The transition to fully remote work during the pandemic further illustrated productivity and effectiveness in the workplace could be maintained, even when a majority of employees were working from home.

Pros and Cons

From a project management standpoint, this transition has its pros and cons. Working in the same physical location as other team members promotes team-building and spontaneous collaboration that can be otherwise limited in a virtual workspace. Despite the perks of in-person collaboration, however, remote employees enjoy the flexible nature of working from home and report increased satisfaction with their work. When given the choice, many remote employees would prefer to remain remote or partially remote instead of returning full-time to the office.

As we move into 2023, project managers are challenged with navigating team dynamics and productivity in an increasingly digital environment.

Preference for Cloud-Based Operations

The transition to more remote working environments has created reliance on cloud-based computing solutions and communication networks. Cloud-based systems can provide cost-effective alternatives to traditional operations without surrendering performance and function. The ability for employees to access cloud-based networks from any location has made them the new standard for modern companies.

The scope of a project manager’s responsibilities is shifting, with more emphasis placed on flexibility, team dynamics and contributions outside of the project requirements.

Project Management and Change Management

In recent years, companies have enacted increasing numbers of change initiatives to organizations and the structures within. Project managers are learning to integrate the requirements of these change initiatives into project management strategies and plans. It is crucial to create a flexible methodology for integrating change initiatives with specific steps and protocols that your team can follow. These skills will continue to be relevant in coming years as companies grow and conform to the ever-evolving workplace standards.

Hybrid Approaches

Project success strategies have traditionally relied upon adherence to a single project management methodology. Recently, an increasing number of companies have merged multiple approaches to project management in an effort to increase flexibility and create a style that’s adapted to the needs of the individual project. Hybrid approaches also work well when faced with the task of integrating the expectations of new change initiatives presented by company leaders.

Increasing Connection Between Projects and Strategy

Project managers increasingly are asked to expand the scope and scale of strategies in growing workplaces. Rather than simply focusing on individual projects in isolation, project managers are being tasked with learning how individual projects relate to one another and how they work together to advance the goals of the company. This type of understanding can promote the strategic use of a project manager’s skills and help them to consistently make decisions that align closely with the company’s vision.

Technological advancements and improvements in software and automation have made their way into nearly every industry, project management included. Digital tools can help make the job of a project manager more efficient.

Increased Prevalence of AI and Automation

Artificial intelligence, automation, machine learning and data collection and analysis are rapidly becoming critical elements in project management strategies. According to PwC, 77% of high-performing projects utilize project management software to help streamline their work and meet their goals.

AI has the capacity to evaluate outcomes and provide insights into performance strengths and weaknesses, provide organized data to guide important decisions, predict outcomes, estimate timelines, analyze risk and optimize resource distribution. Project management tools and software can also automate time-consuming administrative tasks normally performed by the project manager, leaving the project manager free to focus time and energy on more critical or more nuanced tasks.

Project managers who take the time to understand how the AI and automation processes in their organization can complement their role will be well-prepared to take advantage of this resource.

Increased Focus on Data

Project management and data go hand in hand. A project manager who successfully uses available data to gain insight into key metrics can craft a targeted strategy to improve existing processes and further the goals of their business. Project management software can assist with both data collection and analysis, and provide concise evaluations and visualization tools for project managers to refer to in team building, productivity and time management efforts.

Emphasis on Soft Skills and Emotional Intelligence

As AI and automation take over aspects of the more technical side of project management, more emphasis is placed on the soft skills a project manager needs to effectively connect with, motivate and manage teams. These skills include emotional intelligence, communication, conflict resolution, mentoring and training, adaptability, time and risk management, leadership, team building and decision making.

Project management software can make a tremendous difference in the effectiveness and efficiency of a team and its leaders. With so many options to choose from, it may be challenging to know which software best fits the needs of your team. We’ve reviewed many of the available options and created a list of our picks for the best project management software based on ease of use, cost and fees, features and functionality, customer support and customer reviews.

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