Abstract

AbstractDigital technologies create not only new opportunities, but also form new business challenges caused by the integration of design, product development and business processes (from the moment an order is placed right through to outbound logistics), personalization and adaptive response on customer demands, real-time solving of tasks and problems, openness and access to resources for remote employees, accumulating big data for analytics and adaptive management with clouds. Modern software development in Industry 4.0 is complex process, both human-intensive, technology-intensive, knowledge- intensive and innovative-intensive. The modern software industry moves unrelentingly towards new methods for managing the ever-increasing complexity of software projects. The traditional project management methodology, which contains structured and standardized forms, and is focused on a greater certainty and planning horizon of several decades, no longer allows companies to fully adapt to the new opportunities, speeds and risks of Industry 4.0. The article systematizes new conceptual approaches and forms of projects management, including adaptive management methodologies. Agile-based digital project management creates new opportunities for business: accelerating decision-making and the rapid identification of incorrect approaches, effective cooperation between technical groups and business groups, creating a more attractive environment for collaboration and co-working, reducing the time to prepare documentation and others. The transformation of software project management is associated with dramatic changes, the risk of errors when updating products, diluting responsibility for product quality, and even problems with the companies reputation. Presently it seems to be more sustainable a combined or hybrid model of software projects management, combining traditional and Agile methodologies. KeywordsProject managementSoftwareAgile methodologiesIndustry 4.0Digital technologies

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