article thumbnail

6 Current Trends in Project Management [2024]: What to Prepare for?

Epicflow

In a nutshell, AI automates repetitive tasks and makes predictions thereby increasing efficiency, streamlining the workflow, and improving decision-making. Projects are becoming more and more complex, so it becomes difficult and ineffective to address their complex needs with the only PM methodology.

Trends 52
article thumbnail

Effective Governance: Overcoming Bias and Inertia

Tom Spencer

However, larger businesses often face challenges that hinder the efficacy and efficiency of their governance systems, impeding their ability to adapt, innovate, and thrive. This is the realm of efficient and effective governance, characterized by fresh perspectives, unwavering resilience, and a commitment to excellence.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Ultimate Guide to Manufacturing Project Management: Best Practices and Strategies

Epicflow

More efficient utilization of resources. Read more: Fighting Uncertainty in Organizations, Including Matrix Ones Apply a flexible approach to project management Under conditions of high uncertainty, applying deterministic project management methodology like Waterfall may lead to ruining the project flow.

article thumbnail

Agile Development’s Biggest Failure Point—and How to Fix It

BCG

Agile development has gone mainstream, but the software development methodology that helped hundreds of Silicon Valley startups explode onto the scene has delivered decidedly mixed results for more traditional organizations. Article Wednesday, August 17, 2016. In most cases, there is a critical point of failure: the product owner.

Agile 40
article thumbnail

When Top-Down Change Isn’t Working, Hand the Keys to Frontline Staff

BCG

Article Thursday, June 08, 2017 The World Bank turned to agile methodologies, implemented from the bottom up, to improve operational efficiency and employee satisfaction. Operations head Kyle Peters describes the challenges and successes.

article thumbnail

Lead to the future: leadership imperatives for success

Brimstone Consulting

To take advantage of this opportunity place focus on building agility, aligning the organization, operating as a team of teams, and developing your people. Build Agility. While it is easy to say these pivots were a result of agility, it is important to differentiate between “brilliant improvisation” and a repeatable capability.

article thumbnail

Automotive Industry 2022: Overcoming Project Challenges

Epicflow

So, automakers have to change their approaches to product development to make it shorter but no less efficient. . Nevertheless, automotive companies need to deliver their projects as successfully and efficiently as possible. Utilize available resources with maximum efficiency. Adopt Agile frameworks for product development.