Економіка, управління та адміністрування (Dec 2023)

Development of project management: main methodologies and trends

  • H.M.

DOI
https://doi.org/10.26642/ema-2023-4(106)-26-32
Journal volume & issue
Vol. 4, no. 106
pp. 26 – 32

Abstract

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The question of the development of project management under the influence of the development of science and technology has been studied. The author carries out an analysis of the main trends of changes in project management research, which are grouped into four main groups: challenges and opportunities for project management in the digital age (blue cluster), advanced project management (green cluster), artificial intelligence and project success (red cluster), information management and production system (yellow cluster). A detailed analysis of the project-oriented approach to project management and the main project management methodologies used in modern business is carried out: Waterfall («cascade model»), Agile («flexible management»), SCRUM and Kanban. It was determined that the hybrid methodology is appropriate to use in projects with high complexity and a fixed budget, where planning and flexibility are important. The characteristics of the integrated project management system are given, it is proved that it is most suitable for creative projects with complex and multifaceted processes. The content of expanding the essence of project management functions for Industry 4.0 projects, namely in the part of project management functions: time management, cost management, quality management, project team management, communication management, risk management, procurement and resource management, has been formed. The use of a balanced approach in project management, which combines both existing project management methodologies and technological progress with an emphasis on human potential, is substantiated. The latest project management trends were analyzed, namely: artificial intelligence began to partially fulfill the duties of a project manager; emotional and psychological adaptability is increasingly becoming a leading skill in project management; project management methodology and tools are hybrid, can be combined, increasingly depend on the operational features of the project; the project manager increasingly works with remote teams; employees are leaving project teams in which mental health is not a priority, increasingly penetrating modern project management.

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