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Trending- Project Management

The Role of Project Management: New Industries, New Focus

According to the Project Management Institute (PMI) “15.7 million new project management roles will be added globally across seven project-intensive industries by 2020.” These project intensive industries include Manufacturing, Business Services, Finance & Insurance, Oil & Gas, Information Services, Construction and Utilities. Furthermore, PMI highlights Healthcare as a growing industry ‘expected to lead the pack’ by 2020 projected to ‘increase project management roles by 30%’. 

What does this mean for business? A strong emphasis on technology, security and accessibility is at the forefront of most business strategies. Corporations are taking a focused approach to sponsor projects only as they align with strategies. This concept differs from previous approaches that relied on projects to drive strategy. Click here to see the 2017 Top 6 Trends for Project and Portfolio Management.

Source: PMI Industry Forecast