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Tuesday, September 17, 2019

The digital era and boom in demand for professionals in Project Management


Digital Transformation is one of the most important current challenges of companies today. There is no CEO, of any company with an interest in competing in this new digital era, that was not noted in its "workbook" the need to digitally transform your organization to compete with guarantees in this new reality.

However, the digital transformation is not a concrete concept but an ambiguous and broad concept of which, today, there is no scientific consensus on its components and dependencies; but there are multiple theories oriented to specific cases or even sectors. Most of these theories, however, do have something in common that is that Digital Transformation is a multidimensional construct that depends on multiple factors determined first by the current situation of the company and its digital maturity, secondly by the short, medium and long term objectives that can be set (for example differentiation of competition, access to new type of customers, reputation and brand, ... among others) and third party for available resources (both economic and material as well as people and talent).

Given this situation, some scientists believe that this digital transformation is not a final state but a path (or roadmap ) that must be traveled. In that sense, this is still a set of projects coordinated with each other to adapt the company to the new reality, which in turn is changing. Therefore, many companies decide to “attack” their digital transformation through a Project Program that, of course, requires qualified professionals to guarantee its triple restriction: Scope, Cost and Time. These professionals at the project level are not others of the Project Managers, Project Managers, Project Managers or Project Leaders, as well as the Program Managers at the level of programs.

So much so that the PMI ( Project Management Institute ), in its report Job Growth and Talent Gap [1], shows that until 2027, the workforce oriented to project management is expected to grow 33%, that is, 22 million new Project Managers in the 7 sectors and 11 countries studied.

This report also shows that project managers are the most important agents in the transformation and adaptation of companies and the main contributors to the productivity of companies.

Although they seem excellent news for the sector and the profession of Project Managers , there is "another side of the coin" that is the shortage of this type of professionals is more, according to the report, this shortage of talent in the profession can create risks of almost US $ 208 billion in GDP over the 10 year period.

Given these data, it is easy to conclude that this is the time and place to train in this profession and be prepared for the future so motivating and attractive that is planned for this profession.

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