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Lyonsdown business reporter ron

With the Association for Project Management APM opening a Register of Chartered Project Professionals in Springover the next 12 years we will have a significant number of assured and skilled professionals who can lead the delivery of projects for the public benefit.

The PwC World in report forecasts that the world economy could more than double in size and that emerging markets will continue to be the growth engine. Growth will be delivered through both increasing the number and complexity of the projects to be managed worldwide. While some of these forecasts may be wrong or arrive at varying speeds, how do we ensure that projects continue to succeed in the future?

What trends and drivers in society, technology, economics, environment and politics will have global impacts on the way we deliver change through projects? Using this we can predict how the project profession will reach its full potential in In moving towards greater automation, companies need to rethink the role of people and provide training to prepare their employees for this new work environment.

Work will be transformed as artificial intelligence and robotics grow more sophisticated. High-frequency trading algorithms have been in use in the finance sector for some years and other professions such as the legal and medical professions are exploring possibilities for automation. Human-machine collaboration will open the way to virtual and network-based companies as everything shifts online and project management will be needed to ensure a consistent approach is taken across the disparate digital platforms.

Key project control functions carried out today are potential areas for automation in project delivery. As companies redesign jobs and workforces, questions arise around the eventual limits of automation.

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Even in a future where professionals across the world have been gradually replaced by increasingly capable systems, core elements of project management will still provide an irreplaceably human combination of leadership, analysis, integration of specialists, and ethical behaviour.

Equally, byhalf of the global workforce will be millennials. Multi-generational workforces will become the norm and this will bring new challenges balancing their different skills and experience.

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It is also predicted that men and women will share family responsibilities more equally, with women making up two thirds of the net growth in higher-skilled jobs until The application of digital technologies in construction can make organisations more efficient, currently saving per cent, so investment in technology will be key in creating a sustainable future.

In Europe the number of freelancers grew by 45 per cent in to almost nine million, and Forbes predicts half the US workforce will be independent workers, contractors and temporary workers by Employers have access to skills on an ad hoc basis, requiring fewer staff on their payroll, but this poses challenges in terms of job security, staff loyalty and approaches to training and professional development.

The project profession provides the opportunity for people to develop a set of transferable skills that is well suited to the gig economy. Suitably qualified people can commit to a project, make a difference then move on. Professional bodies, such as APM, will adapt to this entrepreneurial market place by providing specialist training and ongoing skills development as expected of a trusted Chartered body.

Globalisation and virtual teams Virtual teams will be the norm in but this will bring challenges.

lyonsdown business reporter ron

Technology can bring together a team of global specialists but employers will need to recruit people who can manage a virtual workforce. With more short-term projects, the traditional nine-to-five will be replaced with working on demand at any time.

Strong project management will be required to provide governance and clear and consistent communications across virtual teams. Continuous learning will be an important factor and well-managed projects can drive this to be the cultural norm.

Brave new world While we will see many professions replaced by increasingly advanced systems inthe core elements of project management will still require human judgement and insight, to provide leadership, ethical behaviour and the integration of specialists.

Stakeholder management and remaining agile and responsive to change will be crucial to the success of projects in the future to ensure customer satisfaction as well as cost and time savings.

As the newly Chartered body for the project profession, the future looks promising for APM and one where we may achieve our vision of a world where all projects succeed and is a life skill for all.

In the number of people aged 65 or over working was 28 per cent in Europe and could rise With more millennials entering the workplace, employers need to focus on emerging expectations about work-life balance as well as providing the highest-quality equipment John McGlynn is chair of the Association for Project Management www.Whether you’re running a small business, the head of a local company or an executive in a multinational corporation, there will be something for you at Business Reporter.

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