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The Program Manager vs. The Project Manager

When the names- ‘Program Manager’ and ‘Project Manager’ sound so similar, you would assume their roles would be similar as well. Right?  The truth is, while these roles share similar responsibilities, they are quite different. If you are considering these roles for your career or if you’re simply curious to understand how these verticals work hand in hand, it is important to know how they are related.Program Manager vs. Project Manager: Key DifferencesIn a movie set, the director is the person who calls out “Action” and ensures the storyline is captured through perfect shots to make the movie look good overall, but the film crew are the ones who carry out the remaining tasks like lighting, camera work and editing. Similarly, the project manager looks at the company plan from a big-picture perspective and plans how to implement the overall vision. On the other hand, the project manager takes on issues and focuses on executing specific activities that move the project forward. Finally, the coordinated efforts of the project manager and the project manager come together to create a successful project. This table will help you to get a quick view of the key differences between the roles. Basis For ComparisonProgram ManagerProject ManagerDefinitionThe Program manager works on a collection of projects (called a program) and is required to strategically align all the projects that fall under this program with the company goals and vision. They are responsible for the success of all related initiatives within this program.The Project Manager has a limited focus and works on one project which might have limited deliverables.Primary focusContextContentTasksStrategic in natureTechnical in natureTerm PeriodLong TermShort TermProgram Manager vs. Project Manager: Roles and ResponsibilitiesThe success of a project depends on the skills of competent project and program managers. Through cooperation and collaboration, both types of managers support the organizational goals. Responsibilities of Project ManagersProject managers begin with creating a "road map" or a "blueprint" of a project. They direct specific sections or projects in a program. This blueprint will include all the details of the project including the team members involved, and the timeline by when the project needs to be closed, among other details. A well-organized blueprint coordinates the various skill sets of the team so they can multitask efficiently. Project Managers ensure to provide the right resources needed to finish the tasks and make sure the team sticks to the set program guidelines. They also look into and track schedules, risks, budgets, use of resources and help resolve any hurdles the teams face to avoid delays. Organized project managers deliver high-quality, cost-effective products that help in the growth of the organization.Responsibilities Of Program ManagersProgram managers are the people who measure and define how their program objectives will help their organization. After defining the goals and outlining the vision, they come up with strategies to aid the success of the projects that fall within this program. This will include identifying and overseeing the work of the project managers and ensuring the necessary steps are being followed. A major responsibility of a program manager is to envision the requirements and the support required for the long-term growth of the business. They create blueprints and plans that define the budgets, schedules, tentative dependencies and possible roadblocks. But, instead of creating a blueprint on a project level, they create it on the organizational level taking into account the multiple projects that, together, comprise the program. Even though program managers don't oversee each project, they are responsible for its success as well as for building the company's brand.Responsibilities Of Program ManagersResponsibilities Of Project ManagersFocus on long-term goals of the organizationFocus on short-term goals of the organizationCreate strategies to help with the success of multiple projectsCreate strategies to help with optimizing the team and running a project smoothlyHave a direct say on the monetary decisions of programsHave a limited say in the monetary performance and the organization’s balance sheetDespite having varied daily responsibilities, both managers need to work hand-in-hand and collaborate closely in order to be efficient. Listed below are some tools for both managers to benefit from using similar techniques.Dashboards:Dashboards are crucial to understanding the status and the progression of the project. They provide an overview of the entire project and its details at a glance, as well as help with accountability.Templates:Templatizing work could minimize the time to do the initial tasks by a great deal. As many projects have similar requirements, reinventing the cycle every single time is a counter-productive activity that can be done away with. By building on the template that was previously used, teams can adopt the successes from the previous projects.Collaboration:Every project will involve multiple assets, spreadsheets, emails and communication. Keeping track of all these things could get daunting. It will be helpful for the team as well as the program and project managers if communication is maintained in a single, easily accessible thread.Program Manager vs. Project Manager SkillsBoth program managers and project managers require certain key skills to excel in their role.Skills Of a Program Manager:To lead large-scale initiatives and achieve business success, program managers need to have certain skills.Resource Management: To optimize resource allocation across several projects that may be running in parallel, program managers need to have exceptional skills in identifying and allocating resources. They should have backup plans in place for every contingency and should also be able to plan for mitigating possible risks if any should arise.Analytical Skills:Huge amounts of data are created over the lifecycle of a program. A program manager should know how to collate this data and analyze it to make informed financial, statistical and operational decisions.Tools And Techniques:Program managers need to know their way around the most appropriate tools and techniques to support the program over its entire life cycle, including.Negotiation:It is crucial for a program manager to have good negotiation skills and the ability to make the stakeholders see the value of their vision. They need to be able to sell their ideas and get the program up and running.Goal Mapping: Program managers must be able to break down the goals and mark achievement of milestones that can track the progress of work.Process Planning:A program manager needs to spell out the flow required and define the processes to close the program or the project successfully.Skills Of a Project Manager:To be a successful project manager and have a smooth-functioning team, project managers need to have these skills. Leadership SkillsA project manager is, first and foremost, a good leader who must be able to put project plans into action. This skill will allow a project manager to analyze the team and understand their strengths and weaknesses, so they can be assigned tasks accordingly. A good leader motivates and inspires the team to perform better than their best.  Communication SkillsCommunication skills are key to building a collaborative team where everyone is on the same page and supports each other toward achieving common goals. This will create a safe environment to address problems and keep the project progress on track. Risk Management and Planning Skills Risk management and contingency planning are necessary to keep projects moving ahead, despite having challenges and hurdles. This will help project managers avoid last-minute scrambles and potential problems that can derail the project.  Organizational SkillsWithout multi-layered planning, project managers cannot have a successful project. Projects demand detailed planning, and it is crucial for managers to be extremely organized. They need to plan timelines, track progress, allocate budgets, document metrics, coordinate with the team members, and program managers. Skills of a Program ManagerSkills of a Project ManagerResource ManagementLeadership SkillsWork with various tools and techniquesCommunication SkillsNegotiationRisk Management and Planning SkillsGoal MappingOrganizational SkillsProcess Planning and Analytical SkillsProgram Manager vs. Project Manager Job Outlook and SalaryProgram Manager vs. Project Manager Job Outlook and SalaryProject Managers and Program managers typically earn anything between $50,000 to $100,000. The higher end of the range, of course, comes to those managers with additional qualifications and certifications.What Role Is Right for Your Team?Although the project management and program management domains differ significantly, both roles are essential to providing a seamless experience for customers.  Regardless of what type of project or program you are executing, the end goal should be to successfully deliver the products and services within time, within budget and to the highest quality possible. With the right knowledge, tools and strategies, this is achievable.   If you’re looking to start a career as a project or program manager, you must consider where your skills lie, and adopt the right planning strategies to steer your teams to success. To accelerate your career in either of these fields, check out our courses here.

The Program Manager vs. The Project Manager

6K
The Program Manager vs. The Project Manager

When the names- ‘Program Manager’ and ‘Project Manager’ sound so similar, you would assume their roles would be similar as well. Right?  

The truth is, while these roles share similar responsibilities, they are quite different. If you are considering these roles for your career or if you’re simply curious to understand how these verticals work hand in hand, it is important to know how they are related.

Program Manager vs. Project Manager: Key Differences

In a movie set, the director is the person who calls out “Action” and ensures the storyline is captured through perfect shots to make the movie look good overall, but the film crew are the ones who carry out the remaining tasks like lighting, camera work and editing. Similarly, the project manager looks at the company plan from a big-picture perspective and plans how to implement the overall vision. On the other hand, the project manager takes on issues and focuses on executing specific activities that move the project forward. Finally, the coordinated efforts of the project manager and the project manager come together to create a successful project. 

This table will help you to get a quick view of the key differences between the roles. 

Basis For ComparisonProgram ManagerProject Manager
DefinitionThe Program manager works on a collection of projects (called a program) and is required to strategically align all the projects that fall under this program with the company goals and vision. They are responsible for the success of all related initiatives within this program.The Project Manager has a limited focus and works on one project which might have limited deliverables.
Primary focusContextContent
TasksStrategic in natureTechnical in nature
Term PeriodLong TermShort Term

Program Manager vs. Project Manager: Roles and Responsibilities

The success of a project depends on the skills of competent project and program managers. Through cooperation and collaboration, both types of managers support the organizational goals. 

Responsibilities of Project Managers

Project managers begin with creating a "road map" or a "blueprint" of a project. They direct specific sections or projects in a program. This blueprint will include all the details of the project including the team members involved, and the timeline by when the project needs to be closed, among other details. A well-organized blueprint coordinates the various skill sets of the team so they can multitask efficiently. 

Project Managers ensure to provide the right resources needed to finish the tasks and make sure the team sticks to the set program guidelines. They also look into and track schedules, risks, budgets, use of resources and help resolve any hurdles the teams face to avoid delays. 

Organized project managers deliver high-quality, cost-effective products that help in the growth of the organization.

Responsibilities Of Program Managers

Program managers are the people who measure and define how their program objectives will help their organization. After defining the goals and outlining the vision, they come up with strategies to aid the success of the projects that fall within this program. This will include identifying and overseeing the work of the project managers and ensuring the necessary steps are being followed. 

A major responsibility of a program manager is to envision the requirements and the support required for the long-term growth of the business. They create blueprints and plans that define the budgets, schedules, tentative dependencies and possible roadblocks. But, instead of creating a blueprint on a project level, they create it on the organizational level taking into account the multiple projects that, together, comprise the program. Even though program managers don't oversee each project, they are responsible for its success as well as for building the company's brand.

Responsibilities Of Program ManagersResponsibilities Of Project Managers
Focus on long-term goals of the organizationFocus on short-term goals of the organization
Create strategies to help with the success of multiple projectsCreate strategies to help with optimizing the team and running a project smoothly
Have a direct say on the monetary decisions of programsHave a limited say in the monetary performance and the organization’s balance sheet

Despite having varied daily responsibilities, both managers need to work hand-in-hand and collaborate closely in order to be efficient. Listed below are some tools for both managers to benefit from using similar techniques.

  • Dashboards:

Dashboards are crucial to understanding the status and the progression of the project. They provide an overview of the entire project and its details at a glance, as well as help with accountability.

  • Templates:

Templatizing work could minimize the time to do the initial tasks by a great deal. As many projects have similar requirements, reinventing the cycle every single time is a counter-productive activity that can be done away with. By building on the template that was previously used, teams can adopt the successes from the previous projects.

  • Collaboration:

Every project will involve multiple assets, spreadsheets, emails and communication. Keeping track of all these things could get daunting. It will be helpful for the team as well as the program and project managers if communication is maintained in a single, easily accessible thread.

Program Manager vs. Project Manager Skills

Both program managers and project managers require certain key skills to excel in their role.

Skills Of a Program Manager:

To lead large-scale initiatives and achieve business success, program managers need to have certain skills.

  • Resource Management: 

To optimize resource allocation across several projects that may be running in parallel, program managers need to have exceptional skills in identifying and allocating resources. They should have backup plans in place for every contingency and should also be able to plan for mitigating possible risks if any should arise.

  • Analytical Skills:

Huge amounts of data are created over the lifecycle of a program. A program manager should know how to collate this data and analyze it to make informed financial, statistical and operational decisions.

  • Tools And Techniques:

Program managers need to know their way around the most appropriate tools and techniques to support the program over its entire life cycle, including.

  • Negotiation:

It is crucial for a program manager to have good negotiation skills and the ability to make the stakeholders see the value of their vision. They need to be able to sell their ideas and get the program up and running.

  • Goal Mapping: 

Program managers must be able to break down the goals and mark achievement of milestones that can track the progress of work.

  • Process Planning:

A program manager needs to spell out the flow required and define the processes to close the program or the project successfully.

Skills Of a Project Manager:

To be a successful project manager and have a smooth-functioning team, project managers need to have these skills. 

  • Leadership Skills

A project manager is, first and foremost, a good leader who must be able to put project plans into action. This skill will allow a project manager to analyze the team and understand their strengths and weaknesses, so they can be assigned tasks accordingly. A good leader motivates and inspires the team to perform better than their best.  

  • Communication Skills

Communication skills are key to building a collaborative team where everyone is on the same page and supports each other toward achieving common goals. This will create a safe environment to address problems and keep the project progress on track. 

  • Risk Management and Planning Skills 

Risk management and contingency planning are necessary to keep projects moving ahead, despite having challenges and hurdles. This will help project managers avoid last-minute scrambles and potential problems that can derail the project.  

  • Organizational Skills

Without multi-layered planning, project managers cannot have a successful project. Projects demand detailed planning, and it is crucial for managers to be extremely organized. They need to plan timelines, track progress, allocate budgets, document metrics, coordinate with the team members, and program managers. 

Skills of a Program ManagerSkills of a Project Manager
Resource ManagementLeadership Skills
Work with various tools and techniquesCommunication Skills
NegotiationRisk Management and Planning Skills
Goal MappingOrganizational Skills
Process Planning and Analytical Skills

Program Manager vs. Project Manager Job Outlook and Salary

Program Manager vs. Project Manager Job Outlook and Salary

Project Managers and Program managers typically earn anything between $50,000 to $100,000. The higher end of the range, of course, comes to those managers with additional qualifications and certifications.

What Role Is Right for Your Team?

Although the project management and program management domains differ significantly, both roles are essential to providing a seamless experience for customers.  

Regardless of what type of project or program you are executing, the end goal should be to successfully deliver the products and services within time, within budget and to the highest quality possible. With the right knowledge, tools and strategies, this is achievable.   

If you’re looking to start a career as a project or program manager, you must consider where your skills lie, and adopt the right planning strategies to steer your teams to success. To accelerate your career in either of these fields, check out our courses here.

KnowledgeHut

KnowledgeHut

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KnowledgeHut is an outcome-focused global ed-tech company. We help organizations and professionals unlock excellence through skills development. We offer training solutions under the people and process, data science, full-stack development, cybersecurity, future technologies and digital transformation verticals.
Website : https://www.knowledgehut.com

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Project Manager Salary Guide 2022

Project management skills and expertise are in demand globally, and earning potential remains promising. The Project Management Institute (PMI)regularly runs a salary survey to find out what kind of salary project managers draw across industries and across geographies. This is probably one of the most comprehensive salary surveys conducted for any job type. Earning Power: Project Management Salary Survey—Eleventh Edition (2020), the latest salary survey from the Project Management Institute (PMI) equips practitioners with the most comprehensive view of project managers’ earnings from 42 countries around the world.  Greater awareness of how skill level, experience and certifications impact salary can give practitioners considerable earning power in a dynamic job market. And this critical data can help recruiters, human resources and compensation professionals establish fair and equitable salaries for project management roles within their organizations. Some of the data you will discover in this PMI report might surprise you. In this article, we give you the complete lowdown on the findings of the survey.Data gathered The scale of the PMI salary survey is vast: over 32,000+ project managers across industries and verticals, across the globe. This sample size is a good representative of the population and provides a realistic representation of salary figures. Quite a wide variety of information is collected by PMI’s team – position, years of PM experience, highest formal education, degree in project management, PMP® status, training per year, type of project, avg team size, project budget, and many more – from the sample size from each of the 42 countries. The report is of about 360 pages long, with quite a detailed information segregated by countries.One can thus slice and dice the figures to extract an amazing amount of insights into how project management in general and PMP certification can impact the salary of employees across industries, verticals, positions, and geographies. The top3 countries The top 3 countries on median salary figures were: Switzerland ($132,086) United States ($116,000) Australia ($101,381)The verdict “There’s never been a better time to be a project manager”, states the PMI Salary Survey, Eleventh Edition (2020).But what the report truly indicates is that there has never been a better time to be a PMP® certified project manager. The final verdict? Here it is: Respondents with PMP® certification report 22% higher median salaries than those without PMP® certification. Project Manager salary ranges Candidates with a PMP certification are prioritized over non-certified candidates. They are also more likely to get better compensation. However, the median salary depends on several factors such as their country of residence, years of experience, position or role and the average size of projects managed, including average project budget and average project team size. Project Manager salaries by countryCountriesMedian SalaryUSA$116,000India$28,750Singapore$71,279Hong Kong$76,607United Arab Emirates$81,665Project Manager salaries by years of experienceYearsUSAIndiaSingaporeHong KongUnited Arab Emirates
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Project Manager Salary Guide 2022

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Best Project Management Certifications in 2022

While nothing can replace industry work experience, there is no doubt that a credible certification can open up new opportunities and elevate your current profile. This is true for any area of work and more so in the project management field.With projects getting more complex, pan global and resource intensive, organizations look to hire project managers who come with solid expertise and a recognised certification to back their knowledge and skill.With so many project management credentials to choose from, which one would suit you best in terms of the knowledge and opportunities you will gain? Here is a ready compilation of the best Project Management Certifications for 2022, to help you to make an informed decision.PMP® Certification TrainingCAPM® Certification TrainingPMI-RMP® Certification TrainingPRINCE2® Foundation and Practitioner Certification TrainingProgram Management Professional (PgMP)® Certification TrainingPMI-ACP® Certification Training1. Project Management Professional (PMP)®Arguably the most well-known credential in the Project Management space, the PMP is globally recognized as the gold standard in project management. Offered by the Project Management Institute (PMI)®, the PMP gives you the bandwidth to work in any industry, using any methodology and working on a variety of situations.This certification is a litmus test of your project management knowledge and skills in managing the project "triple constraints", that is time, cost, and scope. And with its new rollout, the PMP helps holders grow and develop diverse project management skills to suit the fast-changing markets of today and beyond.PMP DemandThe reason why PMP is so well received is because the skills one learns during the PMP certification journey can be applied across sectors, geographies and industries including IT, government sectors, telecommunications, manufacturing, banking and more.It allows certified professionals to maximise value, enhance bottom line margins and prove that they can drive business results.PMP continues to remain one among the best Project Management Certifications for 2022.Benefits of getting PMP certifiedValidate your commitment to continued excellence and qualityDemonstrate your proficiency in project managementGrow your career in project management with confidenceManage projects across sectors and industriesGet yourself hired by the bestEarn salaries that are up to 58% higher than those who do not hold the certificationEarn salaries up to $145,000Top companies that hire PMP professionalsExxon MobileAppleSAICEXELONWhere to take training for certification: Aspirants must undertake the training from an Authorized Training Provider of PMI®.Who should take the training for certification:Mid-Level, Senior Project ManagersProject CoordinatorsProject AnalystsProject LeadersProduct ManagersProgram ManagersProject SponsorsTeam LeadersAnyone interesting in building project management skillsEligibility for PMP examTo be eligible for the PMP® exam, you must fulfill the following criteriaEDUCATIONAL BACKGROUNDSecondary Degree (high school diploma, associate’s degree or global equivalent), ORFour-year Degree (bachelor’s degree or global equivalent), ORBachelor's or Post-Graduate degree from a GAC accredited program (bachelor’s degree or master's or global equivalent).PROJECT MANAGEMENT EXPERIENCEMinimum five years/60 months unique non-overlapping professional project management experience, ORMinimum three years/36 months unique non-overlapping professional project management experience, ORMinimum two years/24 months unique non-overlapping professional project management experience.PROJECT MANAGEMENT EDUCATION35 contact hours of formal education, unless you are an active CAPM holder.Exam FormatThe latest (2022) PMP® certification exam pattern is as follows:No of questions: 180 multiple-choice, multiple responses, matching, hotspot and limited fill-in-the-blank.Time: 230 minutesDifficulty level: The questions are populated as per the difficulty level. 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Duration to get certifiedYou will need to attend 32-hours of PRINCE2® Foundation and Practitioner training from an ATO of AXELOS and PeopleCert®, following which you will be required to take the exams to demonstrate your knowledge of PRINCE2 and get certified. The results of your tests are issued within 2 business days from the date of your exam.  Course fee for certification: USD 1999Exam fee for certification: Included in course fee5. PgMP®: Program Management Professional (PgMP)® Certification TrainingAnother project management from the PMI, this credential is more advanced than the PMP and certifies the holder’s ability to manage complex projects that cover functions, organizations, cultures and geographies. The credential mandates holders to be proficient in the six prime focus areas: Governance, Prioritization, Escalation, Resource Management, Benefits Realization, and Stakeholder Management.PgMP Demand: Credentials from the PMI are known for their rigorous standards and testing, which is why they are well accepted in industries across sectors. PgMP holders are better able to promote integration and coordination of multiple projects for the overall benefit of the program. According to PMI’s 2015 Pulse of the Profession® report, an organization’s projects are far more successful with program management than without it — 76 percent compared to 54 percent. This further compounds the demand for PgMP professionals. Benefits of getting PgMP certifiedGet in-depth knowledge of tools and techniques to handle complex multiple related projectsUnderstand Program Lifecycle and its processes, competencies, tools and techniques with practical sample templatesLearn to implement large-scale programs to align with business strategyOpen yourself to lucrative job opportunities and leadership rolesWork in projects across geographiesEarn high salaries, upto $139,000 on averageTop companies that hire PgMP professionalsAmazonGoogleMicrosoftCognizantCapgeminiDeloitteJP Morgan ChaseErnst & YoungWhere to take training for certification: Aspirants must train from an Authorized Training Provider of PMI®Who should take the training for certificationTeam LeadsSponsorsProject DirectorsProgram ManagersPortfolio Managers  Project Management Office (PMO) HeadsEligibilityA Four-year Degree (Bachelor's or Global equivalent), with at least four years of Project Management experience and four years of Program Management experience.ORA Secondary Diploma (High school or Global equivalent), with at least four years of Project Management experience and seven years of Program Management experience. Exam FormatNo of questions: 170 multiple-choice, of which 20 are considered pretest questions which are not scored.Question type: Most questions are scenario based and test a professional's understanding and clarity of thoughts on different Program Management concepts.Time: 4 hoursDifficulty level: DifficultDuration to get certified: You have to complete your 24 hours of training from an Authorized Training Partner (ATP) of PMI. Make a study plan and stick to it religiously. The PgMP is considered to be more difficult than the PMP and requires a fair bit of preparation. Once you pass the 4-hour exam you will be PgMP certified.  Course fee for certification: INR 13,999; USD 1199Application fee for certification: For PMI membership: USD $ 129 plus USD $10 for application fee.Exam fee for certificationIn IndiaMember: ₹46,338.00Non-member: ₹77,230.00In U.S.Member: $800Non-member: $1000Retake fee for certificationMember: $600Non-member: $8006. PMI-ACPPMI-ACP Demand: Agile is a fairly new concept in the context of product development. Though organizations reap immense benefits by adopting Agile, the road to transformation can often turn out to be expensive if not well executed. PMI-ACP professionals are therefore in huge demand as they can bring in project management best practices in Agile environments and ensure project success.  Benefits of getting PMI-ACP certifiedThe shortage of Project Managers has increased job opportunities in the Agile environmentYou will qualify for Agile jobs with expertise in Agile methods like Scrum, FDD, Kanban, etc. which are in demand in the industryEarn salaries in the range of $108,000 on an averageEquips you with knowledge of various Agile methodsMakes you more marketableTop companies that hire PMI-ACP professionalsStandard CharteredOracleIBMVMWareSource: IndeedWhere to take training for certification: Aspirants must train from an Authorized Training Provider of PMI® Who should take the training for certification?Project ManagersProject PlannersQuality Assurance StaffDevelopers/ProgrammersDesigners, TestersProject ControllersProduct OwnersScrum MastersScrum Team MembersEligibilityTo apply for the PMI-ACP®, candidates must meet the following requirements:1. General Project Experience2000 hours of working on project teams within the last 5 years or having an active PMP®/PgMP® credential2. Agile Project Experience1500 hours of working on Agile Project Teams or with Agile Methodologies, in addition to “General Project Experience” above;3. Training in Agile Practices21 contact hours earned in Agile PracticesExam FormatNo of questions: 120 MCQ, of which 20 are pre-testDuration: 3 hoursDuration to get certified: Once you complete the course, you need to schedule the exam date. Exam applications have to be submitted and approved by PMI. Online applications m ay take upto five business days to get processed. Once your application is processed, you can schedule your exam date, and on passing receive the PMI-ACP credential.Course fee for certification: INR 10,999, USD 1099Application fee for certification: For PMI membership: USD $ 129 plus USD $10 for application fee.Exam fee for certificationFor members: $435Non-members: $495Retake fee for certificationMembers: $150Non-members: $200SummaryProject Management is among the most sought after job roles, not only in the tech industry but any industry that executes and manages projects. By 2027, 88 million individuals will need to be skilled in project management-oriented roles. This makes it among the hottest job trends in the coming years, and a credential will go a long way in helping you capitalise on this trend.
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Best Project Management Certifications in 2022

While nothing can replace industry work experience... Read More

Project Management: What’s Trending in 2022

Project management is the practice that is used to initiate, design, execute, control, and close a team's work in order to reach specific objectives and fulfil specific success criteria at the specified time. The main challenge of project management is to achieve all project objectives within the given limits.A decade ago, managing projects was difficult and challenging. It was difficult to set clear goals with less project management tools and projects were being managed by smaller teams with simpler projects.Fast forwarding to 2022, the scenario is completely different as Project Management seems like a phoenix rising from the ashes. The teams are no longer small, nor are the tasks, and the goals are defined with a proper system.The project management industry is quickly evolving, keeping pace with advanced technologies, tools, and the latest trends.Today, we will discuss the top 5 Project Management global trends in 2022.1. Artificial Intelligence (AI) & Automation Will Impact ProjectsArtificial Intelligence has had a very positive impact on projects. According to a PMI report, software development, aerospace, healthcare and financing all implement Artificial Intelligence in their way of managing projects.The first thing project managers need to do is take AI into account in project management and then learn how to utilize it for successfully completing projects.Using AI in automating data will make it easier to handle projects than before. Moreover, you can form positive business relationships with your team members and clients, resulting in proper coordination and transparency.It’s quite common to witness poor estimates and unknown external factors pushing the deadline. Artificial intelligence can calculate the duration, cost and progress of a project properly and predict realistic project schedules.2. More Project Managers Will Incorporate Hybrid Project ManagementEvery project is created differently and differs in methodology and execution. No wonder the concept of hybrid project management is becoming increasingly popular and with every passing day, many Project managers and Scrum masters are combining more than one methodology.According to PMI reports, Hybrid project management aims to combine standard project management techniques with the agile methodology.When the hybrid model, such as combining a traditional approach is implemented with an Agile process, team members from different points of view and work styles will collaborate and achieve more flexibility, dedication, and productivity in their own way.Project managers are inclining to this flexible approach of projects in the current year. A combination of agile and traditional methodologies is best suited in a multi-project environment, where complex parts are executed using agile, and a traditional method is used for the simpler parts.3. Managing Projects Will Become Easier with Emotional Intelligence (EI)It seems strange, but project success is related to humans understanding and realizing emotions. How? According to PMI.org emotional intelligence can strongly predict performance no matter what job you do. It allows clients, team members, sponsors and management to interact with each other with clarity, handle challenges efficiently and make committed choices to act strategically and swiftly. EI is now an essential technology for a successful business outcome.Understanding the emotions of the team members and dealing with different personalities ensures that the project keeps progressing at a smooth and constant pace. This is an invaluable leadership ability for project managers around the world.Therefore, it becomes more important than ever to learn about emotional intelligence and what drives people to predict future project success.4. Remote Working is on the RiseThe trend of working remotely is now extremely common and this will go on in future too. There are a lot of advantages when people work remotely. It offers more flexibility and saves a lot of time as you don’t need to travel to your workplace. The costs to the project and company get further reduced leading to the development of talent. According to the results of a survey by Wrike, 83% of respondents work remotely every day for at least one to two hours. 43% of them reported that they work remotely now, more than they did a couple of years ago.When working remotely, projects will be managed by:Setting up daily, stand-up meetings and calls to stay updated on the progressHaving your team members keep you updated on any project changes or updatesUsing online collaboration tools such as Microsoft Planner to collaborate with team members and never miss out on any changes or updatesDoing quarterly individual assessments in a yearThe future of project management will witness a steep rise in next-gen project managers, project management offices, and more focus stepping up cybersecurity. Project managers should pay attention to these trends to successfully lead their teams.5. More Jobs Will be Available for Project ManagersProject managers are involved in every possible industry. According to ‘The Project Management Institute (PMI) report’ last year, the project management labour force is predicted to grow by 33 percent in over 11 countries by 2027. There will be a wide range of jobs for project management and these are estimated to grow over the next 10 years. Some of them are in industries like: Management and Professional ServicesManufacturingFinance and InsuranceInformation Services and PublishingConstructionUtilitiesOil and GasBy 2027, nearly 88 million professionals will be required in project management-oriented roles. The first in the race to hire are China and India forming more than 75 percent of the total project management-oriented employment.The report further stresses that project managers are key in delivering successful projects and products. Acting otherwise can potentially create a loss of nearly US$208 billion in GDP over the 10 years in the 11 countries examined.With the new trends of 2022, project management will be playing a major role in fastening product development with its new technologies, and in turn, increasing workflow efficiency. Owing to its exponential growth, multiple job opportunities will be created, and staying on top of the latest trends will give one the leverage to make the most of such changes.
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Project Management: What’s Trending in 2022

Project management is the practice that is used to... Read More