The importance of project management in the modern world can hardly be overestimated, because any organization, even the smallest one, implements new initiatives, most of which are nothing more than projects. These endeavors can be quite different in nature, from developing software to sending a man to Mars. But they are all projects.
And if in the 1980s the main focus in companies was on quality, in the 1990s – on globalization, then in the 2000s, the speed of implementing initiatives came to the fore. In order to stay ahead of the competition, organizations are constantly faced with the need to develop complex products in a very short time frame. To solve this problem, nothing has yet been invented more effective than project management, which is becoming more popular day by day.
The infographic below compares what project management used to be and what it is now.
Infographic brought to you by Wrike project management tracking software