Trends and Opportunities:
In today’s world, technology is advancing at an unprecedented rate, and it is changing the way businesses operate. Program management is no exception. In fact, the role of technology in program management is becoming increasingly important as organizations seek to optimize their operations and achieve their strategic goals.
This is the latest post is one of several in the series I have focused on Program Management Fundamentals
The use of technology in program management can help organizations to improve their performance, increase efficiency, and reduce costs.
Which One should I use?
There are many different technologies that can be used in program management, including project management software, collaboration tools, data analytics, and artificial intelligence. These technologies can help organizations to better manage their resources, streamline processes, and make better-informed decisions.
On-Prem – Off-Prem
One of the trends in program management technology is the use of cloud-based solutions. Cloud computing allows organizations to access data and applications from anywhere, at any time, and on any device. This can help to improve collaboration and communication between team members, reduce the need for physical infrastructure, and increase flexibility.
Were is the real value of using technology
Another trend is the use of data analytics. Data analytics tools can help organizations to analyze large amounts of data quickly and accurately, and identify trends and patterns that would be difficult to see otherwise. This can help organizations to make more informed decisions, and identify areas for improvement.
Juiced up Value of data and technology
Artificial intelligence (AI), with the advent of commercially available tools such as GPT’s, is also becoming increasingly important in program management. AI tools can help organizations to automate repetitive tasks, analyze data more quickly and accurately, and make predictions about future trends and patterns. This can help organizations to improve efficiency, reduce costs, and make better decisions.
Can we Automate everything?
However, it is important to note that technology is not a panacea for all program management challenges. In order to fully realize the benefits of technology, organizations must have a clear understanding of their goals and objectives, and ensure that the technology they use is aligned with those goals.
Additionally, organizations must ensure that they have the necessary infrastructure, processes, and personnel in place to effectively implement and manage these technologies.
The logo at the top of the page is what it is because of this notion – the balance between,
- Systems and Processes
- Tools and training to equip teams
- Purpose, Vision, Values, Leadership
Having delivered many Organisational Change Programs for Multinational companies, all data driven, which have therefore included significant investment in technology shifts, my contemporaries consider me a Subject matter expert in this arena. Please feel free to reach out for more free material, coaching or consultation HERE, or at the bottom of the page.
Key Takeaways
The role of technology in program management cannot be understated. Cloud-based solutions, data analytics, and artificial intelligence are just a few of the many technologies that can improve program management performance. However, organizations must be careful to ensure that the technology they use is aligned with their goals and objectives and that they have the necessary infrastructure and personnel in place to implement and manage these technologies effectively.
Best Practice Thinkers – Thought leaders in this arena
Some of the best thinkers in the space of technology in program management include:
Terry Williams:
He is the author of the book “Using Earned Value: A Project Manager’s Guide” which discusses the use of technology in program management specifically through the use of earned value management.
Harold Kerzner:
He is the author of the book “Project Management 2.0: Leveraging Tools, Distributed Collaboration, and Metrics for Project Success” which discusses the use of technology tools and metrics in program management.
J. Kent Crawford:
He is the author of the book “The Strategic Project Office: A Guide to Improving Organizational Performance” which discusses the use of technology in program management specifically through the use of project management offices.
Great vs simply Good
What separates great from good in the role of technology in program management is the ability to not only adopt and utilize technology tools, but also to integrate these tools seamlessly into the overall program management framework.
Great program managers understand the importance of selecting the right technology tools for the program, ensuring proper implementation and training, and constantly evaluating the effectiveness of the tools in achieving program objectives. They also have the ability to adapt and embrace new technologies as they emerge, keeping their programs at the forefront of innovation and efficiency.
Additionally, great program managers understand the limitations of technology and are able to balance its use with the human factor of program management, ensuring that the human element remains a key driver in program success.
