Projects at Work

When The Going Gets Tough…

In a climate of economic uncertainty, project management fundamentals are still a good investment, while outsourcing is a mixed bag. In general, organizations are favoring shorter-term projects that provide flexibility, transparency and, of course, cost savings. Projects@Work surveyed several practitioners about the state of the “project economy.”


When stocks slump, once-revered financial institutions implode and oil hits $120 a barrel, it’s hard to stay focused on project management fundamentals. But whether you believe a recession is looming, already here, or that this is just a cyclical downturn already showing signs of easing, industry veterans say those who concentrate on optimizing scarce resources and selling cost-savings have the best shot at keeping their projects on the front burner.
 
And the same goes for those who can smartly manage the uncertain future of IT outsourcing, which under the harsh glare of current economic conditions has some questioning whether it is more golden egg or cooked goose.
 
“We think this …


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TOP CONTRIBUTORS

Dave Prior

Agile Consultant, BigVisible Solutions
Dave Prior, PMP, CST, MBA is an Agile Consultant for BigVisible where he…

Andy Jordan

President, Roffensian Consulting Inc.
Andy Jordan is a well known author and speaker on project management and…

Bart Gerardi

Sr. Technical Program Manager, Amazon.com
Bart has been an ecommerce program manager for 15 years, and can’t…

Vicki Wrona

President, Forward Momentum, LLC
Vicki Wrona is the founder and President of Forward Momentum, a PMI Regi…

Janis Rizzuto

Contributing Editor, ProjectsAtWork
Janis has been writing for ProjectsAtWork for more than a decade, starti…

Aaron Smith

Editorial Director, ProjectsAtWork.com
Aaron has been the editor of ProjectsAtWork since 2001, leading its evol…

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