Ahead of the curve

A new understanding of project management is emerging from the economic downturn of 2009: More companies now understand that they must evolve in ways that match the global market's changes. As a result, project managers now need a new set of tools that can resolve a multitude of yet unknown problems. This article discusses how project management and project managers must evolve to help organizations meet the challenges of competing in tomorrow's global marketplace. In doing so, it looks at how organizations and project professionals can come to terms with the downturn of 2009 and the impact it will have on global business. It overviews the present state of construction industry before the downturn, noting how construction companies can transform the negative perceptions that previous existed; it identifies the current approach to managing cross-cultural projects, identifying how project managers can improve their performance in leading these efforts. It describes how outsourcing is changing contemporary proje
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