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Impact of the Economy on Project Management

Table of contents for Economy on PM

  1. Impact of the Economy on Project Management

Different types of economiesI recently conducted a survey on pmStudent.com asking for anecdotal stories about how the economy is currently impacting project management. This week 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

economy-pm-category.jpg

Image via Wikipedia

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About the Author

Josh helps new and aspiring project managers reach their career goals. He has been managing projects in Computing, Financial Services, Telecommunications, and Aerospace for over a decade. Josh’s educational background includes a Bachelor of Science degree in Project Management and he is PMP certified. The best method for tapping into Josh’s knowledge and experience is his training for project management, where Josh shares his best practices for how to get ahead in your project management career and his best practices in specific project management processes.
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One Response to “Impact of the Economy on Project Management”

  1. Hi,
    I enjoyed visiting your blog site and look forward to your future blog posts. Great information provided here!
    thanks,
    Vincent James – VJ Global

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