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.
We are in a VUCA world where technology has evolved and reshaping every activities in a well productive way with different project management tools, we are only going to be competitively ready, if we embrace the change i.e. social, political and environmental by following new trends and encourage best practices, Organization now needs to build and embrace a forward thinking company culture to stay competitive
As a Project Manager responsive and adaptive change to technology, the environment, society, and Political situations is critical as they will shape how and how your project will be executed.
Technological, environmental, societal and political changes are the major external factors that can make or mar any organization. however, it is imperative for project managers to change and possibly adapt with global trends If they are to be successful
As a project manager, global issues like technology, competition, social and political changes, and environmental problems deeply influence our organization and projects. Technological advancements shape project approaches, intense competition affects resource availability, social and political shifts impact stakeholder dynamics, and environmental concerns influence sustainability considerations. Navigating these influences is crucial for successful project outcomes.
Managing projects in a complicated, ever changing
world is very critical.
Technology is improving and changing everyday. It is paramount that one learn and improve on a daily basis in that line.
Competitors are always around meaning one must be on ones toe. Always moving ahead or else ones organization will be pushed aside.
Global trade in the face of foreign exchange when Naira is unstable is a major crisis for project managers. Bearing in mind that Budget must be met.
International trade laws. Some of these are unfavorable for the progress and profit making of organizations.
Government Policies are affecting project managements. Some policies are made that opposes the progress and profit making of the organization.
In the last administration of the head of the CBN, some decisions were made that really had a negative impact on the organization I work in. It really cut back huge amount of money which would have been accrued to the company as part of her profit.
It is a complex world that as a Project Manager one must respond to in a very effective and efficient way to make a good and profitable headway.
For my organization, competition, social and political changes are the major drivers of change. In that, the dynamics of communicating with customers/consumers evolve based on the social or political issues being addressed at that point in time, as well as how the competition is reacting to these changes.
Complexity can be managed when team collaborate effectively.effevtive communication and not assuming will clearly help define some uncertainty .
There are innovations that border with technologies in my field and there’s the need to constantly improve so as to stay competitive. The competitors will not wait for you to level up, hence there’s the need to constantly push your boundaries. Our social and political sphere is volatile and there is the need to constantly make drastic but informed changes.
I can identify with technology advancement as a manager. In my organisation, i was recently challenged with my colleagues’ limited knowledge of the use a computer. i struggled with transitioning from crude paper work to automated documentation and IT efficiency. With effective communication, we were able to learn together and advance
As a PM with an IT background in software testing, and Learning to work independently Lottery company, i believe we can be on the center if you seek out other options to help us makes more sales and gain attraction in the market space, from User-friendly agent app, to commissions and Aggressive PR which i believe will increase sales.