2016 Project Management Survey

PMI’s 2016 PULSE of the PROFESSION ® 8TH Global Project Management Survey

12 Statistics that Project Managers should care about

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2,428 Project Management Practioners surveyed

192 Senior Executives surveyed

282 PMO Directors surveyed

PM Practioners Survey


Only 47% stated that there is a formal process for knowledge transfer from one part of the organization to another.



61% stated that there is ongoing training for employees on how to use Project Management tools and processes

90% reported that their organizations have a high or medium alignment of strategy and projects.




62% of projects completed successfully met the original goals and business intent of the project



Only 49% of projects completed within their initially scheduled times.


53% of projects were completed within their initial budget

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The number one reason that projects were deemed a failure was change in organization’s priorities.


74% of respondents believe that their organization fully understand the value of Project Management.


Senior Executives Survey


91% of Senior Executives stated that formulating strategy appropriate for changing market conditions will be Essential or Very Important over the next three years.


64% of Senior Executives stated that it was Essential or Very Important to create a culture that values Project Management




Senior Executives SurveyOnly 6% of Senior Executives believe that an organization wide Project Management Office should be responsible for managing high impact strategic initiatives.

PMO Director Survey


Only 47% believe that their organization fully understands the value of Project Management.

FINDINGS AND CONCLUSIONS

Fewer projects completed within budget and in line with business intent compared with last year’s survey.

There is still a lack of clarity and consensus regarding the role of the PMO with in the organization.

There is a strong difference in perception about the value of Project Management between Senior Execs and PMO Directors.

Not enough projects have the active support of Senior Management.

For each US$ 1 billion invested , there is US$122 million wasted due to poor project performance (12% YOY increase).

71% of Projects reached their goal when Project Management culture is a high priority within the organization.

Only 52% of Projects reached their goal when Project Management culture is a low priority within the organization.



Put an awesome team in place.

Choose a project manager

that can mentor a team and

lead by example.

Understand how Project

management impacts strategy

Incent your team based

on project performance.

Get a project

management tool that is

adaptable to the

growing needs or your

organization.

2016 Project Management Survey

Small Business & Entrepreneurship

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