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

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

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