TAILIEUCHUNG - PROJECT MANAGEMENT FOR TELECOMMUNICATIONS MANAGERS CHAPTER 19

Chapter 19 PROJECT MANAGEMENT SUMMARY AND TRENDS. Project Management is increasingly being used in companies, with companies developing better maturity in understanding and using the processes. In this final chapter we look at the trends in project management, and also consider models for project management maturity. | Project Management Summary and Trends Chapter 19 PROJECT MANAGEMENT SUMMARY AND TRENDS Project Management is increasingly being used in companies with companies developing better maturity in understanding and using the processes. In this final chapter we look at the trends in project management and also consider models for project management maturity. Trends in project management in telecommunications companies are impacted both by general project management trends and also by trends in the telecommunications industry in general. In this age of computers software and cheaper communications rates many companies are working much differently from the way they did in the past. Telecom companies are no exception. Records kept in binders and cabinets in the past are now kept digitally. Of course this also applies on projects where the use of servers and application software enable teams to share project records not only with each other but also with the an external customer management and even suppliers of access is provided. Current project management tools allow optimal organization of project records from tools such as the Charter WBS Project Network etc to minutes of meetings budget tracking and lessons learned. Today s network and server technologies allow anyone with authorization to enter data while those with lower levels of authorization can read the stored information. These tools make not only save time by allowing records to be created only once but they enhance communication and improve the probability that project records will be created and communicated. With the lower cost communications many companies are farming out work to other countries where either they can find exactly the skills they 262 Project Management Summary and Trends need or they can pay lower rates. This means that many projects have to deal with issues such as international law international bids in the procurement cycle significant time zone differences when calling project meetings .

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