startegy

Found on the Web - Infographic: Project Management's Impact on Business

 

Some interesting facts:

On Target        

  • 89% of projects at high-performing organizations meet original goals and business intent
  • 34% of projects at low-performing organizations meet original goals and business intent

Building Blocks

  • 71% of projects meet original goals and business intent at organizations that recognize the importance of project management
  • Unfortunately only 38% of organizations place a high priority on creating a project management culture

Down the Drain

  • US$122 million lost for every US$1 billion invested in projects due to poor performance
  • That is a 12% increase from 2015

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PMO

  • Only 49% of organizations have EPMO
  • Of those only 44% are highly aligned with their company strategies (22% of all organizations)
    • They complete 27% more projects successfully
    • 42% fewer projects have scope creep

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About the Author

Jamal Moustafaev, MBA, PMP – president and founder of Thinktank Consulting is an internationally acclaimed expert and speaker in the areas of project/portfolio management, scope definition, process improvement and corporate training. Jamal Moustafaev has done work for private-sector companies and government organizations in Canada, US, Asia, Europe and Middle East.  Read Jamal’s Blog @ www.thinktankconsulting.ca