Top Project Management Trends of 2017
Whether it is an excel spreadsheet or a premium SaaS product, these solutions govern the way companies of every size operate. But based on the results of a recent survey, these current solutions are failing us: Only 2.5 percent of companies successfully complete 100 percent of their projects, and for every $1 billion invested in the U.S., $122 million is wasted due to poor project performance. Ouch.
Needless to say, there’s a gap between the capabilities of current project management tools and what businesses actually need to help them move key projects through their workflow. Whether you’re a marketing agency or B2C brand, keep these project management trends on your radar as you define, and refine, your current solution.
Project management software should help users streamline their workflow. But you know what is isn’t streamlined? Having one platform for messaging, another for tracking time and projects and another for invoicing. Switching between all of these different platforms wastes time, causes errors and is just generally bad for business. It needs to stop. In the near future, we’re going to see software providers bringing all-in-one solutions to market. If they are successful, we could see companies adopt these new solutions en masse to reap the cost- and time-related benefits.
Task Management and Collaboration
Managers say that the key features missing in current project management tools are task management and collaboration. While the process of task management is business-specific, collaboration is a skill all companies struggle with. In the age of instant messaging, email has become slow and inefficient. That’s why you’ll see more solutions integrating messaging chat systems into their solutions in the year ahead. This won’t just speed up intra-departmental communication; it will also foster cross-departmental collaboration between teams who are located on different floors, in different buildings or even different countries.
Flexibility and Scaling
The startup culture has caused a shift in the way many businesses experience growth. It’s now common to double or triple your size in a matter of weeks, not years. As a result, there is a growing demand for for SaaS providers to deliver flexible and scalable solutions that meet the changing needs of businesses. On top of this, price is becoming less of an issue. Managers are willing to spend more on tools but they need assurances that what they are buying has the power and capability to match their needs now and in the future.
But savvy managers, there’s hope: Studies also show that you can expect to see these project management trends worked into project management solutions in the very near future. If you’ve been on the hunt for a new solution, your ideal platform may be available very soon.