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HOW DIGITAL TECHNOLOGY IS TRANSFORMING PROJECT 
MANAGEMENT 
 
Abdinazarov S.S. – Student of GSBE 
Life sciences industry is embarking on a transformative technology journey. 
Many leading pharma and biotech companies are making digital transformation - 
whether it’s in the content management or data analytics space - an integral part of their 
corporate strategy nowadays.
But will that be enough to drive projects that yield the envisioned revenue 
growth and profitability? The Project Management Institute (PMI) recently published 
a report in which 75% of the surveyed organizations claim that they still have to see 
tangible results from implementing new technologies in their programs and projects.
This seeming discrepancy suggests a gap between strategy and execution - one 
that requires a call to action: the project manager must embrace new competences and 
approaches to thrive in the digital workspace. We’ve summarized 4 of these statements 

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and kindly invite you to take some time to reflect on these in the benefit of your 
organization: 
Is your operation ready for a digital transformation? 
As technology continues to advance at exponential rates, organizations must adapt to 
the digital landscape or risk getting left in the dust. Change isn’t always easy, but 
when it comes to the success of your projects, your team members, and your 
company, a little self-imposed disruption is worth it in the long haul.
Remember: 

Companies that implement a digital transformation strategy have been shown to 
increase performance and revenues. 

As a project manager, digital transformation helps streamline communication, 
improve collaboration, and shift your focus from project process and status to 
strategy and outcomes.

Digital transformation allows team members to spend more time working in 
their creative wheelhouses, resulting in happier, more fulfilled, more productive 
employees. 
1. A digital world requires ‘new project management skills’ 
Project leaders shouldn’t only focus on the traditional technical skills of project 
management but also need to keep pace with technology. Project managers should 
become practitioners of at least six ‘new skills’ that resonate well with how technology 
works: 

data science skills, 

an innovative mindset, 

security and privacy knowledge, 

legal and regulatory compliance knowledge, 

the ability to make data-driven decisions, and collaborative leadership. 
2. The project manager should support the agility needed to work at multiple speeds 
across an organization. 
In a highly regulated industry, it might take several years for a company to 
complete its digital transformation.
During this journey, the project leader will be prompted to use a mix of 
methodologies and technologies to operate at multiple speeds as the organization 
moves at different paces.
Therefore, project leaders should empower themselves to create and nurture a 
culture of innovation, agility, and critical thinking, reinforced with the right tools. 
3. The project manager should have an open mindset to experiment with new, 
innovative ways of working 
Project leaders must understand that the path to transformation is one with many 
hiccups down the road.

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Project leaders need to learn that mistakes might be made, metrics may take a hit, 
but the efforts will pay off in the long run.
They will also need to learn how to track the value of experimentation and 
learning for ideation and innovation projects.
Project leaders should be able to measure things like how quickly unsuccessful 
experiments are abandoned, how much learning has been documented from 
experimentation (and whether other teams are subsequently tapping into that learning), 
how fast the team pivots to new ideas, and how well the learnings are applied. 
4. The project manager should reinvent itself as an agent of organizational change and 
transformation, focused on translating strategy to business outcomes, delivered through 
projects New technologies will continue to disrupt the way we work at an accelerated 
pace - so much that 65% of children today will work in future jobs that do not yet exist. 
Project leaders will play an important part in evangelizing new concepts and 
methods across the organization. 
They must become educators, helping people understand how to apply 
technology that worked in a previous project into their own by sharing best practices 
and ideas. 
Project leaders must be agents of change and transformation, ensuring the 
leadership’s strategic roadmap and organization-level KPIs are also incorporated on a 
project level.