How COVID pandemic has changed IT Project Management?
How COVID pandemic has changed IT Project Management?
The COVID-19 epidemic is a health problem with leaders around the world who are concerned with the well-being and health of their communities. The economic challenges posed by the epidemic continue to increase - and in them comes much uncertainty about the future. Capital projects have been hit hard, with no staff, no supply disruption, and declining investor confidence.
While many projects will continue - in fact, our analysis suggests that despite the economic crisis, $ 8 trillion in revenue is expected to continue throughout 2020 - three major challenges have emerged, all of which require new levels of sustainability for project owners:
The flexibility of guidelines and limitations. Established policies to soften the coronavirus curve have already disrupted the availability of personnel, building materials, and equipment, and they may continue to do so as they soften. Continued waves of the virus, as well as global variability in severity and timing, will make it difficult for project owners to predict impact as governments measure the effects of health care and reopen the economy.
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