This scientific article delves into the realm of digitalizing project management and its profound implications on both efficiency and effectiveness. The authors posit that enhancing project management practices can exert a beneficial influence on the inclination toward adopting digital technologies, thereby streamlining their integration into various contexts. To delve deeper into this relationship, the authors undertake a meticulous bibliometric analysis of 431 articles cataloged in the Web of Science, all of which explore the intersection of project management and digitalization/digitization, with a particular focus on efficiency and effectiveness as pivotal components embedded within their titles, abstracts, and keywords. A multifaceted array of analytical techniques is employed, encompassing co-word analysis, an exploration of preeminent authors and journals that contribute to this domain, evolutionary mapping of the scholarly discourse, thematic mapping, and nuanced contextual analysis. The findings that emerge from this comprehensive examination unequivocally underscore the constructive impact of digital transformation on the landscape of project management. Notably, this study proffers an exhaustive panorama of the evolutionary trajectory of digitalization within this sphere, delineating its progression over time. In conclusion, this study furnishes invaluable insights that can be harnessed by both researchers and practitioners to invigorate antiquated management methodologies. In sum, this article stands as a pivotal contribution to the corpus of knowledge pertaining to digital transformation within the realm of project management, offering a panoramic vista of the subject matter and charting a course for future research endeavors.