Distinguishing Features of Project Management in the 21st Century

The purpose of this article is to investigate theinteresting view of risk as he describes it as "a
current hot topics of project management. In thereflexive phenomenon - we respond to perceived
21st century, there is a clear swift from hardprobabilities and magnitudes, thereby altering them", a
systems approach of project management to softdefinition that differs from the traditional quantitive
factors, a demand for strategic thinking in projectanalysis of risk. Green broads even more the scope
management (Buttrick, 2000), new success factorsof risk management and includes the clients. He thinks
(Atkinson, 1999) and project uncertaintythat "the process of risk management only becomes
management (Ward & Chapman, 2003). Broadermeaningful through the active participation of the
project management theory and more intenseclient's project stakeholders". In his point of view
research efforts are also a trend in the field (Winterthere is a new way of assessing risk management
& Smith, 2005).Human beings have been executingthat "depends less upon probabilistic forecasting and
projects from ancient times (Kwak, 2003). Frommore upon the need to maintain a viable political
relocating a tribe to constructing enormous buildingsconsistency within the client organisation".The
such as the pyramids, projects were a dominantconventional theory of project management consists
element of history. Not long ago, those involved inof a narrow focus on projects as unique and totally
projects understood that they needed methods andseparated units of work. But current projects tend to
processes to help them manage these projects morebe integrated smoothly in the general context of
efficiently. To meet this need, scientists andorganizations in order to "develop the
practitioners worked together to form a new«management of project portfolios» and
concept which was called «project«programme management» which are
management». According to the PMBOK'smore strategically orientated towards «doing
definition "project management is the application ofthe right projects»" (Winter & Smith, 2005).
knowledge, skills, tools and techniques to projectIt is common ground in the literature that the theory
activities to meet project requirements". (A Guide toof project management needs more research.
Project Management Body of Knowledge, 2004).Koskela and Howell (2002) suggest that the
There are many different views in the literaturetheoretical base "has been implicit and it rests on a
concerning the birth of project management. Maylorfaulty understanding of the nature of work in
(2005) mentions that "project management in theprojects, and deficient definitions of planning,
way that we would understand it today did not existexecution and control". From their point of view,
until the 1950s" and Wideman (2001) tracks the firstenrichment of project management with new
use of project management in the UK's Institution ofmethods and techniques cannot be done with any
Civil Engineers report on UK post war nationalstable theoretical background. As a result, there is a
development first published in 1944.Since then, theretrend of putting more effort in research and
have been a lot of changes. "The hard systemsrethinking the way which «bodies of
approach, which treated the project as a mechanicalknowledge» is written so that complex projects'
activity, has been shown to be flawed" (Maylor,actions will be better documented.As a conclusion, we
2005). The soft skills of project management arecould use the words of D.T. Jones (2005) who writes
getting more attention because it is now clear thatthat "project management is no longer about
"the ability to apply these skills effectively throughoutmanaging the sequence of steps required to
the life cycle of a project will enhance the success ofcomplete the project on time". He adds that "it is
a project exponentially" (Belzer). In spite of theabout systematically incorporating the voice of the
perfect understanding of planning, scheduling andcustomer, creating a disciplined way of prioritising
controlling, projects have still a high rate of failure.effort and resolving trade-offs, working concurrently
Belzer points out that "more often they fail becauseon all aspects of the projects in multi-functional
of a project manager's inability to communicateteams".References1. A Guide to Project Management
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have changed to as short time as possible, asTransforming project risk management into project
cheaply as possible and towards a maximumuncertainty management, International Journal of
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(2003) propose the term «uncertaintystudying MSc Project Management in one of the top
management» and recommends that a "focusbusiness schools in UK, Lancaster University. He has
on «uncertainty» rather than risk couldpublished a series of articles in Ne.O (New Technology
enhance project risk management". Adams has anObserver).