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Remote

33 remote work statistics in 2022 that prove that it’s here to stay

Remote work – a term that wasn’t so common just a couple of years back – has become the norm. While the reason for the same is external… a pandemic that brought the entire world to a standstill. But it also proved how humans are leveraging technology to continue working (among other things). But if you think that remote work challenges will stop this phenomenon, then you couldn’t be more wrong. And to prove that, we have compiled over xx remote work statistics to show how it’s taking over the world.

Overall remote work statistics

1. 97% of people recommend remote work to others.

Interestingly, the same amount of people would like the option to work remotely for at least some of the time for the rest of their careers.

2. >90% of people say they had a positive experience with remote work.

3. 41% of the people believe that remote workers won’t be impacted in terms of career growth.

That said, 45% of people believe that it might be an issue for remote workers.

4. 49% of the respondents say that they work under a fully remote structure.

The number increases further (to 56%) when employees are asked about what kind of remote work structure they would like to have.

5. 72% of the people mentioned that their company is planning to permanently allow some remote work.

This is a significant improvement from 2021, when 46% of respondents said yes.

6. 56% of the people said that the biggest change due to remote working is how they collaborate and communicate with their peers.

7. 62% of people stated that feel more excited about their job because of the shift to remote work.

8. 85% of people prefer hybrid working and want to continue this in the future.

This statistic does vary between different industries such as tech, financial services, healthcare, and more.

9. 8 in 10 managers trust in their employees to do their work properly when remotely working.

10. 66% of people said that they’ll start looking for a new job if their current one stops remote working.

11. 84% of people told they changed their job for better compensation.

12. 79% of people highlighted that compensation is the most important thing while working remotely.

13. 74% of respondents in high-level positions mentioned that they have embraced remote work and work remotely at least one day per week.

14. 59% of people continue to work remotely even as the offices have opened. Worth noting that this percentage has dropped from 71% in October 2020, which was the peak of Covid-19.

Statistics for remote work structures

15. 63% of the respondents highlighted that their organization promotes flexible working hours.

When asked about what kind of flexibilities remote workers would like, 69% mentioned that they would wish if their company provided a four-day workweek.

16. 41% of the people said that they would remotely work from multiple locations (like co-working spaces or another city) instead of just working from home, if the pandemic ended.

17. 38% of the respondents mention that their company has an asynchronous-first policy.

When people were asked whether they would want async-first work, then 52% of them said yes.

18. 72% of companies make use of a distributed workforce.

19. 39% of companies are using permanent remote work as a hook to retain talent.

Remote work benefits

20. 67% of survey respondents said that they like the flexibility of how they spend their time because of remote work.

Some other benefits highlighted by respondents include flexibility in choosing the work location, having more because of no commuting, and so on.

21. 7 in 10 people mentioned that hybrid working signifies that their companies care about employees’ emotional and mental well-being.

22. 62% of people highlighted that they feel more productive while working remotely.

However, this number is in contrast with another stat from the same survey where 77% of respondents mentioned that they feel less productive.

23. $19.11 is the amount that hybrid workers save every day as they work from home instead of going to the office.

24. 79% of the survey respondents mentioned that remote working improved their mental health.

25. 64% of people say they have managed to strike a balance between work and personal life in the remote working environment.

Remote work challenges

26. 25% of people highlighted that they struggle with unplugging from the work because of working remotely.

Other remote work struggles mentioned by respondents were loneliness, staying motivated, and difficulty in focusing among other things.

27. 61% of the respondents mentioned that they are in more meetings because of remote work.

28. 36% of employers mentioned that they have upgraded their video meeting technology, which means there’s a long way to go especially if meetings have increased as per the point above.

29. 34% of people say that they hesitate in interrupting someone if they are speaking in a video meeting.

30. 52% of survey respondents said that they feel less connected to their co-worked after shifting to remote work.

31. 51% of respondents stated that their company helps in connecting to colleagues for work, which contrasts the statement above.

32. 81%

of the companies said that they’ll decide when the employees will return to the office and won’t take employees’ ideology into account.

33. 50%

of companies highlighted that it’s difficult to find talent that fits their requirements in the distributed workforce.

Sources:

1. 2022 State of Remote Work

2. State of Work 2022

3. Attitudes to Hybrid Working

4. Work in Progress – The State of Distributed Work: Tech Sector

5. PwC Pulse Survey: Executive views on business in 2022

6. COVID-19 Pandemic Continues To Reshape Work in America

November 29, 2022

Project management

Top project management conferences to attend in 2023

Project management or being a project manager has become a lucrative career choice. Hence, it’s not surprising to see the rise of project management certifications to hone one’s craft. But if you want to be aware of the latest happenings in this field, then project management conferences are a good starting point. These events not only widen your horizons, but also act as a good networking opportunity. So, wondering which project management events are worth your time? Read on to find out…

PS: We’ll continue to update this article as more project management conferences get announced, so be sure to bookmark this page to come back.

Regional Scrum Gathering Tokyo

When: January 11th to 13th

Where: Tokyo

SCRUM has become one of the most popular project management methodologies, so it’s not surprising to see conferences that deeply dive it. Agile Alliance conducts several such events, with the first one being Regional Scrum Gather in Tokyo. The annual gathering has been taking place since 2011 and brings Scrum practitioners together to improve their skills. The three-day event has several sessions from the likes of David Scott Bernstein and Lyssa Adkins. The event also has a Coaches Clinic which can guide participants with their challenges in a 15-minute session.

Dubai International Project Management Forum

When: January 23rd to 26th

Where: Dubai

The eighth edition of the Dubai International Project Management Form will be focusing on the theme of “Fostering Wellbeing”. The event will bring more than 2,000+ project management professionals under one roof. The four-day conference is packed with several insightful sessions and masterclasses from notable speakers such as Rubin Jen, Mark Engelhardt, and Andy Butterfield. 

Project Summit Business Analyst World

When: April 3rd to 5th

Where: Orlando

Project Summit Business Analyst organizes several project management conferences around the world. Its Orlando chapter will be held between April 3rd and 5th. The event is ideal for all sorts of people, right from team leaders to project coordinators, managers, analysts, and more. The organizer will be updating the details about workshops, speakers, and sessions later.

Project Management Symposium

When: April 20th and 21st

Where: Maryland and virtual

The annual symposium will be held in person as well as virtually this time around. The two-day conference will cover a variety of topics, including Agile & DevOps, Change Management, Hybrid Project Management, and Risk Management & Resilience, among others. Organized by the University of Maryland, the speakers for the conference will be announced later. If you are looking to get a project management certificate, then you can also earn up to 11.25 professional development units (PDUs).

IPMA Research Conference

When: April 22nd and 23rd

Where: Nanjing, China

Unlike the other project management conferences mentioned in this roundup, this one is aimed at academia to share their research papers. The theme of the 11th edition is Research Resonating with Project Practice with the aim of how the boundaries of project management research can be pushed to help solve project management challenges. Those interested in submitting papers can do so by January 1st, 2023 on topics such as project supply chain, strategic project and value delivery, project management competence and leadership, and more.

Resource Planning Summit

When: June 11th to 14th

Where: St. Louis, MO

Planning for resources is one of the most important aspects of project management. So it’s not a surprise to see an entire event focused around that. First held in 2009, the two-and-a-half-day event will help one address issues of how to do resource planning better. This isn’t about all work, as there are several fun events as well in the evening for the attendees.

Agile & Beyond

When: June 13th and 14th

Where: Detroit

Another conference focused on the Agile project management methodology, Agile & Beyond will be a two-day conference. However, the speaker details for its 11th edition will be announced later.

PMBA Global Spring

When: June 20th and 23rd

Where: Virtual

As mentioned earlier, PMBA organizes a slew of events. PMBA Global Spring is a virtual conference spread over four days. It has an exciting lineup of speakers that will shed light on building a culture of high performance, and how one can change their team for the better. Thanks to 20+ sessions and speakers along with workshops, one would be able to earn up to 29 PDUs and CDUs.

Annual Project Management in Practice Conference

When: June 23rd and 24th

Where: Boston

The 17th edition of the Annual Project Management in Practice Conference will be a two-day event in Boston. It’s currently calling for presenters to submit their topics for sessions or workshops. In addition to that, the conference will also showcase research papers on several project management topics which can be submitted by March 1st, 2023.

Agile2023

When: July 24th to 28th

Where: Orlando

In today’s day and age, Agile principles go beyond just project management. Agile2023 is aimed at exploring, innovating, and advancing these values. The four-day conference will have a ton of speakers and workshops, though the details will be divulged later.

Project and Program Management Symposium

When: August 22nd and 23rd

Where: Hybrid

It’s a hybrid event that can be attended on-site or online, and caters to competent project management practitioners. The symposium will be focused be interpersonal and technical skills to successfully execute projects. While more info will be revealed later, it’s worth noting that PGCS 2022 saw over 400 delegates.

Bridge PM and PMO Conference

When: September 21st

Where: Hybrid

Yet another hybrid event, BRIDGE brings together project managers and project management officials. Interestingly, you can purchase the tickets at a great discount, although there aren’t any details of the conference yet. 

IPMA World Congress

When: September 2023

Where: Denmark

In light of the pandemic, the 33rd edition of the World Congress – planned to be held in Tokyo, Japan – has been canceled. However, the organizers are planning to do this event in September 2023 in Denmark.

Digital PM Summit

When: October 23rd and 24th

Where: Orlando 

The two-day project management conference will bring digital PMs under one roof. Since the event is further away, there’s not much info though you can choose to purchase the tickets right now.

FuturePMO

When: October 26th

Where: London

The one-day event is for PMO and project management practitioners. Unlike serious conferences, it infuses a lot of fun too with various themes like back to the future, Star Wars, and more. In 2023, the event will be around a retro gaming theme.

November 25, 2022

Project management

A detailed guide on project management metrics

Project management metrics are the indicators of project performance. It helps you track and monitor the progress of a project in real-time. As project managers need to be on top of every task to successfully deliver projects, these metrics help them identify deviations in the original project proposal and take appropriate actions and corrective measures before it affects the project scope.

Key requirements of project management metrics

While choosing metrics in project management, it is vital to analyze if it is fit for the type of project you are undertaking. To ensure this, the following are some essential considerations you must make:

a. Alignment of the metrics with the KPI for project management

Project managers should have a clear idea of the deliverables and expectations of the clients. You should ensure that the project management metrics you choose provide accurate insights about the strategy, business model, KPIs, and project performance.

b. Data transparency

The prerequisite in any project management is the credibility of the metrics to provide accurate information. The project metrics should add value to decision-making in project management.

c. Contextualized project performance

Most clients prefer to have regular updates on whether the project plan is on track. The project management metrics you choose should align project performance with targets. You can also incorporate market statistics and industry benchmarks to communicate your company’s competency in delivering results.

d. Consistent results

Consistency is the key to every successful project. The project management metrics you choose should be able to deliver a consistent record of performance in understandable formats. It will help you maintain a good track record across multiple projects.

Types of project metrics

Depending upon the targeted outcome, the following are the different types of project management metrics you can choose from.

1. Productivity

Productivity metrics determine the organization’s capabilities in providing services. It takes into account the input in terms of resources and the final project outcome to identify the productivity level. The ideal situation is to deliver more with fewer resources. Productivity metrics can help you determine the project’s feasibility and plan project milestones. Productivity metrics also play an important role in building KPI metrics for project management.

Metrics-based project and KPI tracking

2. Financial

There are multiple metrics that you can leverage to prepare on the financial front. These are as follows:

a) Sales revenue

Sales revenue metrics analyze your project performance financially. It is useful in generating a five-years record to analyze your company’s performance over a period of time. It takes into account all the successful deliveries, market competition, business statistics, etc.

It is better to use these metrics to get a birds-eye view of the company’s performance based on multiple project records rather than just one. It will help you understand the bigger picture and make necessary changes in sales strategy.

b) Gross profit margin

Determines how much profit your organization is making per project. Higher values of gross profit margin should be targeted for successful project management.

c) ROI

ROI metrics compare the invested amount with the profit margin. The costs under consideration include the cost of resources, like raw materials, equipment, and overhead expenses.

Equationally, ROI= (Net profit/ Total cost) x100

3. Quality

Quality project management metrics determine if your customer is likely to provide you with repeat business. It is related to customer satisfaction which tells you whether or not your clients will recommend you to their friends and associates. Quality metrics assign a net promoter score to rate the overall project performance.

Quality metrics take several factors into account, including the number of deviations, timely delivery, customer complaints (if any), etc.

4. Customer satisfaction

Customer satisfaction metrics rate the quality of your service. It takes into account the customer survey data to score each project’s performance. The customer satisfaction score for different projects makes up a customer satisfaction index, which helps you analyze and predict your business growth curve.

Equationally, Customer satisfaction score= (Total positive responses/Total number of survey questions) x100

5. Employee satisfaction

Employee satisfaction is directly proportional to successful project management. If your employee satisfaction metrics score is high, you are more likely to deliver projects successfully. So, before you target external clients, make sure you build an engaging team.

Benefits of using project management metrics

a. Adds value

Productivity metrics help you make on-time deliveries. It adds value to the project management strategies by predicting the future requirements of the project.

b. Improves performance

You can leverage the project management metrics to optimize your team’s performance. It can help you take your project management capabilities to the next level by pre-empting unforeseen adverse situations.

c. Process management

Project management metrics assist you in identifying key players in successful project planning. Having all these information handy can help you identify the loopholes and modify the project plan before it affects the timely delivery of the project. It also allows you to allocate resources better depending on the risk factors involved at different stages.

Resource management

d. Real-time project tracking

Real-time data analysis and project insights hold more importance than we realize. Project metrics allow you to track minute changes and deviations throughout the project tenure. So, if you observe a lag at one stage, you can plan to make sure that it doesn’t amplify in the final stages of delivery.

How can you assess project performance using metrics?

Metrics assess project performance by tracking each and every activity involved in a project. It communicates crucial information about the processes to the stakeholders to help them make fact-based and informed decisions. Specialized metrics, like the different types of project management metrics we discussed above, can be used to target specific KPIs in project management.

Challenges faced in the implementation of project management metrics

While the use of metrics is trending in project management, there are certain challenges associated with it, which should be addressed before implementing it.

  • The project management metrics may require optimization to make them industry-compliant.
  • If the parameters of the metrics are modified, it has to be made consistent throughout, including the data from previous years. So, recalculations will be required.
  • Metrics derive trends based on data. You should keep a record of all the supporting data to address discrepancy if it arises.
  • Project managers should set a baseline for each project so that they have the buffer to contemplate alternate action plans.
  • Projects might face unique challenges at times that metrics cannot pick. So, project managers should be ready for that too.

Try Flow!

Flow is a modern software that caters to all project management needs. The real-time project tracking and data analytics feature allows you to track projects from start to end and set priorities for successful deliveries. You can leverage the software to manage everything from resource allocation to budget, timeline, and process planning. Click here to get started.  

November 24, 2022
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