THE XXI-ST CENTURY AND THE CHANGES IT ENFORCES ON PROJECT MANAGEMENT

The XXI-st century faces many changes from economic, political, social, cultural, technological, etc. point of views that allow the appearance of different phenomena and processes that characterize the knowledge based economy, company, organization and management – the new trends of the “century of change”. In this context, the environment where the organizations develop their activity adapted to this new type of economy. Accordingly, in order to be competitive and to satisfy the clients’ needs, the organizations consider that their elaborated and implemented strategies must be adapted to the new world trends (trends based on knowledge and strategic management based on knowledge). The values of the new trends imply, on one part, putting to good value to inte llectual capital in order to elaborate and implement strategies, and, on the other hand, using projects in order to operationalize strategies, thus considering, that at their turn, projects shall suffer certain “mutations” that allow the adaptation to the new organizational context. Hence, this article shall allow the readers to observe the changes that the XXI -st century enforces on projects and project management, and also, their applicability and use in a dynamic environment which is in a continuous change.