PodChats for FutureCIO: The business value of project management in the post-pandemic normal

Any given project left to its own devices will likely run amok, its deadline for completion extended and therefore go over budget. Worst case scenario – the project is deemed a failure, some people get blamed, and so on. Of course, why this happens can be many reasons, including participants in the project having different priorities and interests, as well as lack of leadership oversight.According to the Project Management Institute, adhering to project management methods and strategies reduces risks, cuts costs, and improves the success rate.With us today is Ben Breen, global head of construction and managing director, Asia-Pacific with the Project Management Institute, to deep dive with us on why project management is important, more so in these periods of uncertainty.1.       Please provide a quick recap of Asia’s construction sector between 2020-2021?a.       How have industry participants responded during the crisis?2.       How important is project management in the construction sector? a.       Do other industries place similar importance to project management?b.       How have best practices in project management 3.       In the new digital pandemic normal, what skills have stood out to be most valuable when it comes to project management?a.       How have businesses/industries respondent to this new demand?4.       In 2022, what megatrends will elevate project management to higher importance?a.       How should business leaders address these megatrends?b.       What qualities must leaders put forward in 2022 and beyond?5.       Given the continuing uncertainty, what is your advice to industry leaders to help them ride the uncertainties and come out leading the marketplace?