As reported on Reuters
NEWTOWN SQUARE, Pa.--(Business Wire)-- For the first time, the leading minds and experts in project management have come together to author a book that predicts what project management will look like - across major industries and regions - in the year 2025. Published by Project Management Institute (PMI®), the world`s leading project management organization, Project Management Circa 2025 (519 pp, hardback, US$49.95) was unveiled to attendees today at PMI Global Congress 2009-North America in Orlando, Fla.
The project management profession is expected to experience dramatic growth over the next decade, as the world economy is increasingly dominated by projects. A 2008 study by the Anderson Economic Group forecasts that by 2016, demand for employees in projectized industries will increase to 32.6 million, an increase of 33 percent over demand in 2006. As a result, the project management profession will undergo many future changes. Project Management Circa 2025 details the expected technological, economic, political and competitive changes, and identifies future trends and major characteristics that are implied by these predicted changes.
"Growth and change can make looking ahead a real challenge. As a result, it`s imperative that we carefully consider the future impact of environmental forces on our profession," said Mark Langley, executive vice president and chief operating officer of PMI. "Project Management Circa 2025 reveals how those of us who work in and serve the project management profession can think strategically about how the landscape will evolve in the years to come."
Edited by project management luminaries David Cleland, PhD, and Bopaya Bidanda, PhD, Project Management Circa 2025 is comprised of 29 chapters, delving into topics such as globalization, space exploration, U.S. defense acquisition, project portfolio management and sustainable manufacturing. PMI celebrated the launch of the book with a reception and book signing featuring Cleland and Bidanda, who assembled a team of contributing authors collectively representing industry, government agencies, academic institutions, associations and consulting teams from around the world.
"Project Management Circa 2025 represents the first step in the conversation that will define the future of project management for the next 20 years and beyond," said Bidanda. "Project management tools and techniques are critical to future business success, as tactical and strategic changes impact forthcoming products, services and organizational processes."
"Project management is the principle means by which we manage change, which is inevitable in any organization," said Cleland. "Project Management Circa 2025 will create awareness of what future changes can be expected in the use of project management, and help facilitate the management of these changes."