INNOVATIONS IN PROJECT MANAGEMENT: TRENDS AND BEST PRACTICES

Abstract

In an era where technological disruptions and methodological innovations are reshaping project management, this study delves into the evolving dynamics of the field. The paper aims to explore how advancements in technology and the adoption of new methodologies are influencing project management practices, with a particular focus on the integration of digital transformation, artificial intelligence, and agile methodologies. Employing a systematic literature review, the study meticulously analyzes a range of contemporary sources, including case studies and academic research, to provide a comprehensive understanding of the current trends and challenges in project management. The scope of the paper encompasses the impact of cutting-edge technologies like AI, machine learning, and big data analytics on decision-making processes, the effectiveness of virtual and augmented reality in project planning, and the crucial role of emotional intelligence and leadership in ensuring project success. The main findings reveal a significant shift towards more flexible, technology-driven project management practices. The study highlights the necessity for project managers to adapt to these changes by developing skills in digital technologies and innovative practices. It also underscores the importance of strategic alignment of project management practices with organizational goals and stakeholder expectations. Conclusively, the study recommends fostering a culture of innovation and flexibility within organizations to navigate the complexities of modern project environments effectively. It emphasizes the need for continuous learning and skill development to keep pace with technological advancements and advocates for a strategic approach to the adoption and implementation of new project management methodologies.
 Keywords: Project Management, Digital Transformation, Agile Methodologies, Technological Advancements