Thought Leaders

The 6 Project Portfolio Management Trends That Went Mainstream In The 2010’s: Part Two

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In this series, we’re taking a look back at six PPM trends that emerged in the 2010’s, that have since become adopted as de facto project management best practices. Take look back at trends 1 to 3 here.

Pushing forwards, here are the final three…

4. Productization

While the 90’s may have been the decade where projects had their time in the spotlight, it wasn’t until the 2010’s that products finally got their time to shine. In fact, during this time, many organizations shifted away from project visions (defined by clear scopes, resource needs, and predetermined beginning and end points for reaching a desired outcome) to product visions (creating objects or services that seek to solve specific consumer problems over time).

This shift towards a product focus makes immediate sense for the creation of physical goods, like cars, computers, and commercial airplanes, but may seem a bit more abstract when it comes to services, like software and SaaS platforms, even though both apply product vision thinking as a way to create consistent and standardized solutions that solve business problems. This applies where the products being created are targeted for external or internal audiences as, for example, solutions developed by an organization’s IT team can be deployed to serve the needs of employees (in other words, their customers).

Read the full post on the Planisware website today.

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