Webinar Recap: Modernizing Project Management
Our very own Yaniv Shor hosted an engaging webinar for 60+ Senegalese PMs last month, in partnership with PMI Senegal. Read on for 3 key insights and to watch the full webinar.
1.Embrace Digital Transformation: Your Key to Survival
Digital transformation has had a profound impact on project management; revolutionizing the way teams collaborate, communicate and execute projects. From project planning and tracking, to real-time reporting and analytics, digital tools have enabled project managers to streamline their workflows and improve project outcomes. By leveraging digital transformation in project management, teams can increase efficiency, reduce costs, and deliver higher quality results – ultimately driving success for their organizations.
The fast-paced and ever-changing business landscape of today is forcing organizations to adapt and respond quickly in order to stay competitive. Unfortunately, many companies fail to do so, ultimately leading to their downfall. In fact, research shows that 88% of the Fortune 500 firms that existed in 1955 are extinct today. Blockbuster and Kodak are prime examples of those companies that failed to adapt to changing consumer preferences and new technological advancements. However, companies today can learn from their mistakes and leverage the benefits of digital transformation in order to become more agile and responsive to change.
2.Digital Shift ——Progressive Adaptability
The idea of constantly and progressively adapting is key to digital transformation success. In today’s fast-paced and dynamic business environment, project managers need to be able to respond quickly and effectively to changing requirements, unforeseen risks, and evolving customer needs. Progressive adaptability requires a willingness to embrace new ideas and technologies, as well as the ability to collaborate and communicate effectively with stakeholders. By adopting a progressive approach to adaptability, project managers can create a more flexible and agile project environment, which can help to ensure project success and drive long-term business value. This term can be broken down into the following:
- Streamlined data collection
- Data gathering simplicity
- Gain visibility
- Achieve clarity
- Adapt to change
3.Gaining Visibility and Clarity – to enable smarter decision making
Clear visibility is an essential element in the success of any project. To ensure that projects run smoothly, it is crucial to be able to zoom in and out of a portfolio of projects to gain visibility into every aspect, regardless of its size. This enables project managers to save precious time and resources and provides a clear and comprehensive picture of the project’s current standing. When project managers can see every aspect of the project, they can quickly identify and address issues that might impede progress. By having a clear and comprehensive view of the project, project managers can make informed decisions that can lead to the successful completion of the project. In conclusion, visibility is a critical factor in project management, and project managers must prioritize it to ensure that their projects run smoothly.
To conclude – other industries have already made a digital transformation, and now is the time for project and portfolio management (PPM) to do the same!
Proggio offers a comprehensive solution for project management operations, streamlining processes and promoting progressive adaptability. It offers a top-down planning approach, and crisp layered visualization similar to modern maps applications. With the ability to constantly zoom in and out like you would with Google Maps, Proggio provides crystal clear visibility. These transparent insights enable businesses to stay ahead of the game by quickly adapting to changing business priorities and market conditions. Book a demo with Proggio today to find out more.