Hello, this module focuses on how to manage projects in a complicated world. The world is changing rapidly and in unpredictable ways. Just consider the changes caused by new technology, worldwide trade and competition, social and political disturbances, and the environmental emergency.
You might think that project management has little to do with these major global matters. However, all kinds of organizations, whether large or small, are impacted by the world they operate in. How a company understands and responds to this complexity influences the projects it chooses to undertake and how it handles them.
This week, we begin by examining frameworks that help us grasp this intricate world. These frameworks guide our actions, responses, and decision-making in the face of complexity.
Next, we delve deeply into various methods and practices for managing projects when faced with uncertainty, instability, and change. These methods include linear approaches and life cycles, often known as the waterfall method, as well as iterative or agile approaches. You will explore the pros and cons of these methods, as well as the ongoing debates about them.
By the end, you’ll grasp how to use and blend these methods effectively to achieve successful project outcomes.
To start off this week, we’re interested in hearing about your experiences. Considering those major global issues like technology, competition, social and political changes, and environmental problems, think about how they impact your organization and the projects you’re involved in.
Feel free to share your experiences with fellow learners in the discussion.
My experience managing fuel station, I face frequent price fluctuation due forces of demand and supply, regional crisis, competition, regulations and so on
Economic crisis can trigger the following challenges, lower fuel sales as people reduce travel, Increased operational costs (power, transport, maintenance), cash-flow pressure and delayed payments from customers.
Am science oriented person, just as at 2023 I got into the world of tech first with ALX family,and am loving the experience so far,alot of things have come to learn and grow.
I believe this programme here won’t be the last.
Talking about how this major global major issues have affected my life and occupation, I’ll start with DEXA. Social media and the internet is getting normalized in this generation but I still find it absolutely wonderful that I’m able to get a skill to change the trajectory of my life with this much ease.
Another thing is AI. This is of course, a global innovation that is affecting us all to the grassroots. This will indeed be very impactful in project management as well, and I’m looking for chances to adapt whenever possible.
Asides my tech career I’m also involved in the fashion industry(cloth making)
Some major issues I’ve had to face are poor power supply,this in particular has taught me not to rely or bank on one source always have a backup plan and this also applies to project management when making plans to carry out a project always have a backup plan Incase of disappointment from the initial plan
Others issues customer dissatisfaction,not everybody will be satisfied with your services even in Project management.
Well my Experience so far is related to Technology, which had a huge impact in my industry, we desire to provide high performance equipment that is durable and efficient for our customers, However they want an equipment that is cheaper, less efficient and low turnover. And decisions like this will affect our clients in their operations. So we take up the responsibility to convince them and ensure they make the best purchase.
For me it’s been wonderful.Having something to look forward to daily has been exciting.
My current project has been influenced by technology and competition.Trying to be the best in the game,has prompted more excellence
The emergence of new technology and competition are inevitable in every field. But the best way to manage these changes is by staying up to date with current trends. Technology changes, but by upskilling and training employees to meet the current standards, businesses minimise the risk of losing out.
I feel that companies or organizations should be innovative, irrespective of different challenges that are been faced around the globe, they used be able to solve most of these challenges by been ahead in their game. This involves training and retraining of employees, upgrading methods of project delivery and making use of new technologies which will help to curb challenges as they arise.
My experience so far has been great. The course is self paced, not too overwhelming and the writing is simple, clear and easy to understand.
Hoping to learn more even as I start module 3.
Global issues around technological advancement, competition, social and political changes and environmental challenges and how it impacts projects has been a constant conversation for decades.
How organisations deals with each of these is a function of their share core values and ethical principles.
The organisation I work with has in recent days been impacted by adverse climatic changes besides other global issues. We have witnessed various degrees of wind storms and continuous rain for consecutive 3 weeks and still counting. As a result of the impact, our daily operational modalities has changed in other to effectively and efficiently deliver pending projects and meet new sets of deadlines as we keep receiving orders from clients.
In other words, we maximised collaboration, teamwork, empathy, shared innovative ideas and dogdeness to keep floating despite the unforeseen developments.
In the face of competition, we have doubled our quality checks to beat other competing products while overhauling our set of technological apparatus to match up with changing customers’ taste.
Speaking of social changes , the organisation has demonstrated empathy to the workforce by providing some incentive to assist everyone in this trying times.