“Imagine a changed world in which project managers and project sponsors alike are rewarded based on business benefits achieved rather than the delivery of project outcomes.”
Advanced technologies are changing every aspect of business operations, and managing complex project portfolios is no exception. The old, top-down, centralised governance approach to project management, where communication is controlled and hierarchical, no longer works.
Complex projects with many related moving parts can make visibility by one person almost impossible. Furthermore, it’s not practical to have people continuously writing reports. Projects do not move at that pace anymore. Too many people are involved. Projects require a regular flow of communication, not include written reports that are out of date as soon as they are written.
The biggest challenge for project managers and project sponsors today is how to provide visibility into what is happening on a project. The only way to provide such visibility is through collaboration technology, because it is no longer just one person trying to understand everything. Hundreds of people may be on a project team, all with eyes and ears open and contributing to the good of the project.