Adaptation of Project Management During the IT Crisis of 2022–2023
Peshko M. I., Melnyk O. G.

Peshko, Maksym I., and Melnyk, Olga G. (2024) “Adaptation of Project Management During the IT Crisis of 2022–2023.” The Problems of Economy 1:14–19.
https://doi.org/10.32983/2222-0712-2024-1-14-19

Section: World economy and international relations

UDC 005.8

Abstract:
The article is devoted to the problems and prospects of adapting project management to the IT crisis of 2022–2023, which was provoked by both global economic problems and the war in Ukraine. The current situation and the trend of adaptation of project management to the IT crisis of 2022–2023 both in Ukraine and in the world in general are analyzed. The problems faced by project management during the global IT crisis are listed. Furthermore, the article lists problems that the IT business will face and what impact it will have on project management in companies. The prospects for development and further measures for successful adaptation to the crisis conditions in the world economy during 2022–2023 are determined. In today’s dynamic and interconnected business environment, project managers face the critical challenge of ensuring successful project management during times of crisis. Strategies and ideas that project managers can apply to successfully overcome crises and strengthen the position of projects are considered. It has been determined that the key to successful IT project management depends on aspects such as agile methodology, risk management, maintaining effective communication, boosting team spirit, etc. By applying agile methodologies, using priority risk management, maintaining clear communication within the company, maintaining team spirit, adapting project plans, and leveraging modern technology, project managers can successfully overcome uncertainty and lead their teams to success. By taking these challenges, learning from them, and becoming stronger on the one hand, project managers can establish themselves as effective crisis leaders in their organizations, and on the other hand, successfully support projects in the company, which will help it survive during the crisis period.

Keywords: project management, IT crisis, economy, business, agile methodologies.

Bibl.: 8.

Peshko Maksym I. – Postgraduate Student, Department of Management, Scientific-Educational Institute of Economics and Management of the Lviv Polytechnic National University (5 Mytropolyta Andreia Str., Lviv, 79013, Ukraine)
Email: maksym.i.peshko@lpnu.ua
Melnyk Olga G. – Doctor of Sciences (Economics), Professor, Head of the Department, Department of Foreign Trade and Customs Activities, Scientific-Educational Institute of Economics and Management of the Lviv Polytechnic National University (5 Mytropolyta Andreia Str., Lviv, 79013, Ukraine)
Email: olga.g.melnyk@lpnu.ua

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