Economic sense

The health of the global economy affects project health. Therefore, a grasp of economic trends can help project professionals stand out by proving they can help navigate the chaos and improve the bottom line. This article discusses the three trends that are causing problems in the business arena and forcing project leaders to take action. First, mergers and acquisitions are common again. Project professionals who practice strategic alignment and flexible project management can lessen the risk of being viewed as dispensable. Second, organizations are outsourcing projects with renewed fervor. This increases the need for cultural awareness and handling skills gaps. Finally, economic volatility is the new normal in many parts of the world, forcing project managers to increase their skill set and prepare for change.
registered user content locked
PMI member benefit.

or Register

Advertisement

Advertisement

Related Content

Advertisement

Publishing or acceptance of an advertisement is neither a guarantee nor endorsement of the advertiser's product or service. View advertising policy.