Economy

Impact of the Economy on Project Management

by Josh

Different types of economiesI recently conducted a survey asking for anecdotal stories about how the economy is currently impacting project management.  Sorry it’s been awhile!!  I would like to share the results with you.

The survey was 100% anonymous, and I even removed any identifying information that a few responders put into the answer. Note that this survey is NOT scientific in any way. It consisted of 2 questions, location and an open-ended one. The categories were created and assigned by me post-hoc after reading through the responses. These 8 categories seemed to emerge as I went through the data. Some are causes and some are effects….some of these are linked. For example, investment/project cutbacks may lead to PM layoffs, etc.

Over the course of this week I will walk through the categories with you, giving some examples of the responses received, and my take on them from the data and from my own personal experience.

Summary

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Economy on PM

  1. Impact of the Economy on Project Management
  2. Business As Usual
  3. PM and Project Staff Reductions
  4. Opposites Attract?
  5. Cutbacks and Scrutiny
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Your Feedback Requested: Impact of the current economy on PM

by Josh

credit: asterisco, Marcelo Moura

credit: asterisco, Marcelo Moura

Thank you for reading pmStudent.com!  Today I would like to ask for your voice on a topic of concern to project managers.  What impacts on project management (in particular) have you seen from the state of the economy?

Just 2 questions…where in the world are you from and the main question. Thanks in advance for participating! I will publish a summary on pmStudent.com later on with some of the highlights and findings.



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