Is it true that project managment has weathered the recession?

Question

During the recession, I have noticed that project management positions were still abundant. So, can we say that project management, as a profession, is recession proof that has weathered the 2008-2009 recession and can weather future recessions?

Why do you think PM was able to do this? Is it the high demand for PM all over the world?

Answer 1

Possibly not recession proof, but it is getting there.  It is a demonstration of the value executives believe project management will bring to the table.  There has been a growing demand in the BRIC countries in the past (Brazil, Russia, India, China) and it is still strong, particularly in Brazil and China where there is unprecedented growth.  There is a growing shift to the MIST countries (Mexico, Indonesia, South Korea, and Turkey).  Indonesia, for example, has made national infrastructure one of their top strategic priorities.