Large projects pose unique challenges that are increasingly tough to overcome.
Size does matter, and when it comes to large projects — the ones that run into the hundreds of millions of dollars — the impact and interplay of downsizing, complexity, and outsourcing are the “one, two, three strikes you’re out” challenges that organizations face. Projects in engineering procurement and construction management (EPCM), oil and gas exploration, major weapons systems development, and large transportation initiatives often involve major outsourcing of work. Many of these projects include thousands of people as well as impressive levels of technical complexity that few companies are successful in managing. Organizations that engage in such outsourcing struggle because they have lost the in-house expertise to monitor the level of quality being delivered. Contractors are calling the shots because they both design and develop/construct their own work. As a result, in 2013 we will see more organizations build up their in-house expertise to ensure their contractors are doing the job right.
ESI International, a leading project management training company, recently announced the release of its top 10 trends in project management for 2013. The 2013 trends reveal that expert leadership is lacking in all areas of project management, portfolio management and program management.
“This year’s trends bring a murky problem into specific light,” said J. LeRoy Ward, Executive Vice President, ESI International. “Leadership skills are lacking within the project community, and until project managers learn how to properly lead teams and their projects, project execution will continue to be a problem.”
Future IT leaders will need to seek technologies that eliminate silos in order to deliver the right information to the right person within the right application environment at the right time. ... More >>