Modern technology is redefining the ways in which traditional principles of project management are applied. In order to define the term ‘Digital Transformation’ in simple terms, one can say that it is the integration of digital technology in the different aspects of businesses to achieve better efficiency so the best value can be delivered to the customers. Modern technology is redefining the ways in which traditional principles of project management are applied. Here are some areas of project management that have been impacted/improved by Digital Transformation:
A smooth flow of information across teams is important for an organisation. Traditional tools like email are cumbersome and inconvenient. Modern tools like slack and Chanty have not only made the communication amongst the teams easier, they have also reduced the processing time and improved the velocity at with the exchange takes place.
Technology has not only improved the efficiency in business projects, it has also facilitated collaborations amongst the different teams. Using the correct digital platform, the team members can allocate work, collaborate, comment, organise and even assist each other.
Another advantage of Digital transformation for an organisation is that it allows the decisions to be derived from data and statistics. A well-executed system can help track everything a team does and asses the output in numerical form. The system also helps in predicting the impacts of the decisions and minimise the risk to a great extent.
At the rate with technology is progressing, it has become paramount for organisations to keep adapting in order to survive and thrive. Digital Transformation is only the next step in the Digital Darwinism.