Top 10 Project Management Trends for 2014

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Portfolio management continues to take center stage with PMI’s new credential.

Do credentials follow practice or cause a practice to happen? Probably both. But with the Project Management Institute’s (PMI)® new Portfolio Management Professional (PfMP)SM credential, we’re bound to hear more about this important area in enterprise project management. Whether the credential actually takes off or not is immaterial; in an age when baby boomers are trying their best to retire, balance sheets remain flush with cash but spending by corporations remains exceptionally tight, and there are more projects than people to work on them, the ability to pick the most high-value projects has never been more important. Unlike a personal financial portfolio, where a reasonable investor expects certain investments to lag while others will gain, organizations expect all of their investments to pay off! Unrealistic? Yes, but that’s the reality of the new portfolio management approach.

ESI International’s top 10 trends in project management highlight the need for leadership within projects, whether agile or Waterfall. They also discuss the challenges associated with finding qualified PMs, and finding the right balance of PM approaches in this evolving industry. ESI International’s top 10 trends in project management were identified by a global panel of ESI senior executives and subject matter experts.


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