- Report
The Future of Project Work
Pulse of the Profession® 2024
Uncover valuable insight into what drives project performance and the impact of implementing flexibility for project teams in our 2024 Pulse of the Profession Report.
Summary
Project management's future success is defined by adaptability to the changing environment, which constantly brings new challenges to achieving top project performance. Organizations that take the lead in adapting to the evolving landscape of work, empowering their project teams, and investing in continuous learning can not only become more resilient to the impact of frequent changes but will also thrive and unlock their full potential.
As the future of work changes, preferences for project management approaches are changing as well. Our research shows:
- Organizations have shifted toward flexible, fit-for-purpose project delivery practices as they face new challenges and requirements driven by post pandemic effects and increased digitalization.
- Project teams perform equally well using predictive, hybrid, and agile project management approaches and within onsite, hybrid, and remote work arrangements.
- Equipping employees with the right skills and empowering teams with flexibility can drive stronger innovation, agility, and efficiency.
Read on to learn more about the steps that you and your organization can take toward better project performance.
- Date
February 2024
- Content Type
- Topics
Career Development, Agile, Hybrid, Organizational Project Management
73.8%
project performance rate average across all respondents
+57%
Increase in the use of hybrid approaches
64%
of senior leaders say their teams need new technical skills
The Right Approach Is Just the Beginning
Different Work Arrangements Are Equally Effective
Enablers of Greater Project Performance
Voices Behind the Insights
"Agile behavior is critical to survive the dynamic markets of today, where you can’t predict tomorrow. With agile behavior you embrace change and you iterate, and don’t fixate only on building schedules and budgets. While the structure that a predictive approach delivers is very important, you also need to have pockets that are iterative — it’s like being agile on the inside and predictive on the outside.”
Felipe Garro
Project Specialist at Indorama Ventures, Brazil
“We are spread across the globe. While work from anywhere is critical for such distributed teams to function, making it purposeful for people to get together in the office has shown a lot of positive impact. It gives people the platform to discuss their projects, ideas, and collaborate better with their peers, as well as adds to the overall organizational energy that engages people beyond work tasks.”
Mohit Mathur
Head of Strategy and Operations at Walmart Global Tech, India
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