Education

How Digital Technology is Changing the Digital Enterprise Project Management

Technological revolutions usually come with a bang. The outcomes of the digital transformation tend to be dramatic with market disruptions and societal changes. With the rise of the Internet of Things (IoT) and big data, various industries are using technology to streamline their business processes for an increased level of efficiency and productivity. Digital transformation is hitting every segment of traditional business and is more evident in the digital enterprise management profession. Many leading organizations are undergoing digital transformation and are making it an integral part of their corporate strategy. 

The digital wave is also hitting the day-to-day activities of project management. Digital project managers are responsible for embracing technology innovation and advanced digital techniques to leverage technology, processes and people for an effective digital transformation. The landscape is changing quickly, and digital enterprise management professionals are learning to be agile. This blog focuses on how digital technology is transforming digital enterprise project management.

  • New Project Management Skills

Digital project managers should focus on traditional project management skills and getting along with technology. To resonate well with how the technology works, project managers need to learn the six “new skills”,

  • Learning data science
  • Developing an innovative and leadership mindset
  • Learning knowledge management of security and privacy 
  • Acquiring  knowledge of legal and regulatory compliances
  • Building an ability to make data-driven decisions
  • Driving Better Results with Modern Project Management Concepts

Traditional project management was never easy. Digital project managers leverage technology to transform their organizations into high-performing setups. The characteristics of digital enterprise project management include,

  • Embracing more flexibility 
  • Incorporating quality control and continuous improvement 
  • Managing resources and assignments throughout the project
  • Anticipating risks
  • Enabling data-driven cultures in organizations
  • Ability to Work at Different Speeds

Implementing digital transformation initiatives in an organization might take several years. During the journey, a digital project manager is expected to use a mix of technologies and methodologies to operate at multiple speeds as different processes transform at a different pace. Therefore, digital project managers should empower themselves to create a culture of agility, critical thinking and innovation, reinforced with the right tools.

  • Open Mindset to Work Using Innovative Ways

It is understood that digital transformation is one with many hiccups down the road. Project managers need to learn the experimentation for creativity and innovation in projects. They should be able to measure their unsuccessful experiments, how much learning has been documented from the experiments, how fast is the team to pivot to new ideas and how well the learnings are applied.

  • Strategic Transformation to Business Operations 

These new technologies will continue to disrupt the way we work at an accelerated pace. Digital enterprise management professionals will play an essential role in recruiting new methods and concepts across the organization. They will be helping people in applying technology to the projects. 

Digital Enterprise Project Management Comes of Age

When digital transformation and project management come together, the results are game-changing. Digital project managers should embrace all digital models and fundamentals of digital enterprise management to make their work impactful for the organizations. Gain an extensive understanding of digital enterprise project management and manage complex project problems with IIM One-Year courses. At IIM Udaipur, the Digital Enterprise Management program  provides tangible solutions to make the difference. Interested? Apply Now!