The Top Project Management Trends of 2024

Believe it or not, organizations worldwide waste a staggering $1 million every 20 seconds due to poor project management. As a result, more and more organizations turn to project management to reduce costs, increase efficiencies, improve customer and stakeholder satisfaction, and deliver results consistently, paving the way for greater value addition and business outcomes. So it’s no secret that project management continues to evolve rapidly, primarily driven by technological advancements, changing work dynamics, and an ever-growing demand for efficiency.

But what does 2024 have in store for project management as a discipline? In this article, we’ll explore the top project management trends that are set to redefine the way teams collaborate, communicate, and deliver successful projects in 2024.

Trend #1. AI and Project Management

Organizations invest $48 trillion in projects annually, but only a little over one-third of projects are considered successful. This is one reason why project management is long overdue for a little modernization. Many project managers still rely on slides, spreadsheets, and manual record-keeping for creating and managing project plans, stakeholders, and risks. These methods might help project managers get by and hit deadlines and deliverables but are woefully insufficient…