The Future of Project Managers

The Future of Project Managers

Yes, the image above represents the Star Trek M-5 Multitronic System from “The Ultimate Computer” (for you Trekkies).  In this episode, a skeleton Enterprise crew are assigned to test a revolutionary computer system that is given total control of the ship that in time would replace even the Captain.

Could this be the future of project managers?

There have been some interesting discussions around the future of project managers, which personally I forecast to be a profession that will be in demand, grow and evolve for the foreseeable future presuming we collectively evolve with the times.  Though computers, expert systems, robotics and technology in general are growing at an exemplary pace, the true specialty and competence of project managers will remain for some time to be unique and in demand.  In this post we can look at some interesting trends in the world of IT, and the possible relevance to project managers.

The Maturity of IT

Lets start with outlining the IT components, and then move to the amazing and projected availability of systems, growth of data, and the freakish evolution of computing power.

Components

First of all, what do we mean by IT, and what are the components and capabilities.  Exhibit 1 outlines some general capabilities:

Exhibit 1: General capabilities of IT components

Availability of Computers – The Internet of Things

  • In 1943, Thomas J Watson, a past Chairman of IBM, is said to have announced that ‘there is a world market for about five computers’.
  • Gartner predicting 323 million unit sales of wearables globally by 2017
  • Statistica published the following estimate of the number of smartphone users worldwide to 2019:

Exhibit 2: Statistica Smartphone Wordwide Estimates

  • It has been estimated that by 2020 there will be 40 to 50 billion devices connected to the Internet.

Growth of Data

  • In 2010, Google’s Chairman, Eric Schmidt, claimed that we create as much information every two days as was created between the dawn of civilization until 2003.
  • By 2020 that quantity of information will be generated every couple of hours (this leap can be attributed in part to the quantities of video, images, and audio content that are pouring onto the Web, and in part to the rapid growth of inexpensive sensors.).
  • The ‘proportion of the world’s data that comes from sensors is expected to increase from 11% in 2005 to 42% in 2020’.
  • 52% of all information currently stored and processed by organizations around the world is considered ‘dark’ data, whose value is unknown. Additionally, another 33% of data is considered redundant, obsolete or trivial (ROT), and is known to be useless. If left untamed, this dark and ROT business data will unnecessarily cost organizations around the world a cumulative $3.3 trillion by the year 2020 to manage.
  • Just for giggles sake, according to Dell, 90% of company data is written once and never read again.

Evolution of Computing Power (Moores Law, Metcalfe’s Law, Koomey’s Law)

  • 1955 the term ‘artificial intelligence’ was coined by John McCarthy
  • 1977 IBM’s Deep Blue computer system beat the world chess champion Garry Kasparov in 1997
  • 2011 IBM’s system Watson was developed to compete on Jeopardy!, a TV quiz show in the US.  It beat out the two best-ever human contestants.
  • 2016 Google’s DeepMind’s A.I. AlphaGo won in the game of Go
  • 2020 An average desktop machine (costing $1,000 or so) will have roughly the same processing power as a single human brain (capable of undertaking 1016 calculations per second).
  • 2050 Following the curve of exponential growth, ‘one thousand dollars of computing will exceed the processing power of all human brains on Earth’.

Impact on Project Managers

These technological developments will most definitely have an impact on the technical practice competencies of project management such as the following from the IPMA Competency Baseline (ICB) 4.0:

  • Project design
  • Requirements and objectives
  • Scope
  • Time
  • Organization and information
  • Quality
  • Finance
  • Resources
  • Procurement
  • Plan and control
  • Risk and opportunities
  • Stakeholder

That said, the people and perspective context competencies appear to be still elusive for systems.

The Evolution of the Professions

Based on the previous estimates, as well as many others, there is a prediction of a transformation and decline of demand for many of today’s professions based on changing needs, relationships and expectations, and new systems driven by the internet society resulting in the fact that society will neither need nor want access to professionals in the same way.  The following professions are already being impacted:

  • Doctors
  • Teachers
  • Accountants
  • Architects
  • Clergy
  • Consultants
  • Lawyers

Much of this post comes from the following brilliant book by Richard and Daniel Susskind, The Future of Professions.

As we can observe from the following McKinsey analysis, managing others along with applying expertise and stakeholder interactions are areas that predominate project management activities that are considered least susceptible to the technical feasibility of automation:

Exhibit 3: Impact of technology on professions

The Future of Project Managers

Though other professions may be in jeopardy, the demand for professional project managers that have evolved with evolving demands appears to be in growing demand due to changing economic forces and the unique competencies and services project managers possess and will develop.

The Growing Demand for Project Managers

It has been well documented that there is an ongoing and growing need for project managers to respond to the growing transition of organizations from an operational focus to a change focus:

Exhibit 4: Source: Antonio Nieto-Rodriguez (2012): The Focused Organization, Gower, London

Unique Project Manager Competencies

Interestingly for project managers, the following competencies appear to be in demand and are not yet a competency for systems:

  • How much creativity do you have to bring to your job?
  • How much empathy or personal assistance to you provide to others?
  • How much social perceptiveness is required in your job?
  • How much negotiation or persuasion do you do in your job?

Ultimately, project managers need to have the political and entrepreneurial ability to lead personnel and resources to get the ultimate output, capability, outcome and resulting benefits as outlined below:

Exhibit 5: The Projectification of Society and Demands of Projects

The Evolution of Project Managers

We have witnessed a growing transition from output focused practitioners, to business case and benefits focused practitioners, to project managers that understand and incorporate organizational objectives and strategies to take into account the total asset life cycle of the project outcomes and capabilities to be sustainable:

Exhibit 6: The Evolution of the Project Focus

We further see the relationship between the project sponsor and the project manager evolving from a hierarchical to a peer to peer relationship as project managers become more professional:

Exhibit 7: The Evolution of Project Relationships

The other evolution for project managers beyond the triple iron constraint and the relationship with the organization, leveraging the developing sustainability focus,  will be supporting the UN Global Compact Sustainable Development Goals (SDGs) as a planned focus for all humanity.

 Exhibit 8: The UN Global Compact's Sustainable Development Goals (SDG)

Conclusion

We have discussed the growth for the need for projects and project managers.  We have demonstrated that project managers must demonstrate unique competencies and skill sets that systems are not currently focusing on.  The trending appears to indicate that project management is a viable profession for the foreseeable future!

Once again for the Trekkies, as Mr. Spock presented, project management is not a talent for technology  

Exhibit 9: Star Trek The Ultimate Computer "But I have no wish to serve under them."

 

To read the full post and see all of the references, please refer to the following on the GPM Global Blog Post:

The Future of Project Managers

SM Parvej Islam, MBA

Transformation Lead at HSBC | Warwick MBA | Strategist | Execution Specialist | Go-Getter

7 年

Thank you Peter for this nicely articulated article. I would like to share it in my Social media for everyone to ready and understand the necessity of Project Management and it's future. Sitting at this point of time, leaders with the vision for a sustainable future can only understand the need of project management in their organization and building their resources accordingly. But, other organizations must understand the need as well and for them articles like yours are very much required. Looking forward for such articles in the future. Cheers

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Another Excellent article from Peter. I was an IT guy in my first life and I was PM in my second, right now I'm an IIBA Business Analyst and try to change some opinion of classical Project Management paradigm, like that one about project manager is a central role of Project Management. For me he/her is not. What do you think about this? Like to hear your voice too guys who participate in this debate with great comments? Maybe last sentence is not correct but you know what I wanted to say :)

Marcelo Diego Lopez OXF-SLEP, PMP, CPA, BBus(Acc),

Manager Project Controls @ Fluor Oxford Sr Leadership Exec Program | PMP | CPA | BBus(Acc)

8 年

Excellent article Peter... Would you allow me to further share it ?

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Clifford Brandon, CBIP

Agriculture - Mining - Technology

8 年

It's been a while but I recall in that Star Trek episode the takeover of the ship is an unmitigated disaster. So it may not be the best example of an approach to automation which would have even a partial chance of success. Rather than a take over by the machines, it is far more likely that someone in the very near future will look at project factors and apply machine learning and predictive analysis to assess probabilities of project success in advance of project execution and to in-flight projects. I'd be surprised if someone wasn't doing this now. Following your contention about the need for the softer side of the Project Management skill set and, I think, the takeaway moral of the Star Trek episode, how interesting would it be if project success boiled down to the characteristics of the person executing the project?

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Tomasz Boinski

GenAI Evangelist, Mentor, Tech-Savvy IT Professional, Product/Project/Program Manager, Entrepreneur, Startup Founder

8 年

Great article Peter!

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