Making project management indispensable for business results.®
Presented to Indonesia SymEx Todd Hutchison, MCom, MBA, PMP, FPMIA 2015 Board of Directors
19 October 2015
Global Trends in Project Management
Project Management Institute
467,171 Members 715,044 Certification holders 8,000+ Volunteers 292 Chapters 204 Countries
825
The Challenges: 3 Global Trends to Discuss
1.Disruptive change is accelerating; 2.The number and complexity of
projects is increasing; and 3.The shortage of project management
talent is increasing.
Trend 1 – Disruptive Change
A Disruptive Change is an innovation that disrupts or creates a new market or value network and displaces earlier technology and practices.
Trend 2 - Complexity in Projects
25% 24% 24%
40% 39% 39%
35% 37% 37%
0%
50%
100%
2013 (A) 2014 (B) 2015 (C)
High ComplexityMedium ComplexityLow Complexity
Organisations’ mix of degree of complexity in projects has been stabling over the past three years.
PMI’s 2015 Pulse of the Profession®
Master the Fundamentals to Meet Goals
The percentage of projects meeting their goals—our measure of success—has remained flat over the past four years at 64%.
Benefits Realisation is Challenging
High Performers – 39% realize benefits Low Performers – 9% realize benefits
Wasted Resources
PMI's 2013 Pulse of the Profession found that organizations risk, on average, US$135 million for every US$1 billion spent. Low-performing organizations, however, risk 14 times more money than their high-performing counterparts.
By 2020, 15.7 million new project management roles
will be added globally.
Trend 3 - Talent Shortage
Talent Shortage: PM Talent Shortage is Increasing
The economic footprint of our profession is slated to grow by USD$6.6 trillion
By 2020, more than 716 million People will be 65 or older
(40-50% of the workforce will be Millennial).
Trend 3 - Talent Shortage
Organisations that invest in development and training for ‘Project and Program Managers:
• achieve superior project performance; • execute strategic iniatives more successfully; and • become high performers
What High Performing Organisations Achieve
of CEOs see human capital as a key source for sustained economic value
71%
What do Executives Think?
Foundational Practices Are Your Strategies
1. Knowledge Transfer
2. Risk Management
3. Agile Practices
4. Higher Benefits Realisation Maturity
Talent Management - The Way Forward
1
2
3
4
Talent management programs around training and development
Career paths for project management employees
Integrated talent management across the organization
Measured talent management outcomes
1
Career Development
• Access the tools and research on www.pmi.org,
and www.projectmanagement.com
• Get global recognition through certification
• Utilise your Chapter / Branch for knowledge
transfer, mentoring, employment and networking
• Connect to our global community
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