Welcome to the first issue of 2024's The Stakeholder Report. I've been terrible at getting these out regularly, I know. However, as things in life start to settle down, my goal is to get these out weekly, in the below format. I hope you learn something from it. As always, I'm open to suggestions and constructive feedback. ~r
Teamwork.com put together a list that would seem a no-brainer to a seasoned PM. However, as I think back over the last several years of being a PM, this is a great list to give to stakeholders, team members, and anyone who's never been a PM. There's a reason they note MUST.
Trends: Construction & Hospitality
If you've looked through the open Project Manager positions on Indeed or LinkedIn over the last few months, you'll undoubtedly see that the construction industry needs PMs yesterday. Today, Indeed lists nearly 86,000 construction PM jobs that are open. And there's no sign of it slowing down. Per Construction Business News, the PM demand is expected to continue throughout 2024. The hospitality trend for new hotels and projects follows the construction trend, too.
In this great article, Newsrooms (re)discover the magic of project management" from Nieman Lab, we're given some insight into how PM practices shape the news you read. However, as noted within, there won't be any dedicated PM writing a winning article anytime soon- but the PM philosophies of planning, coordination, and communication are helping drive the news cycle.
"Quoting the Quotes"
"The P in PM is as much about 'people management' as it is about 'project management'." - Cornelius Fichtner
Question en masse
As I publish this, LinkedIn is touting 474,000 project manager-type jobs open, with 174,00 being project manager-specific. Are you seeing a slowing or an increasing trend of hiring PMs (project or program managers)?