Hybrid project management

Abstract

Excellence is the critical success factor in project management for product development and service industry. Effectivity and efficiency are the key performance indicators which drive success in all projects. The complexity of project execution is increased by globalized supply chains, the involvement of multiple stakeholder groups, and by the ongoing change of legal regulations. Critical pathways and time constraints as well as increased customer expectations have meant that projects have become more risky. Combined with the fourth industrial revolution, Work 4.0, where AI (Artificial Intelligence) and automation play a more important role, new agile project methods such as Scrum and Kanban have been developed. Both classical as well as pure agile project management formats are not always successful if many heterogenous partners are involved. Thus, it has became relevant for merged models to lead to a new form of project management called hybrid project management. Prerequisites for such a management form is a high level of professionalism and competence from all those involved and a knowledge of both, classical and agile project management. New competencies and job requirements for hybrid project manager are discussed in this article.