The State of Project Management in 2015

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Transcript of The State of Project Management in 2015

Project management is now essential to business success, and smart companies have learned to pay attention to its principles, best

practices, and trends.

Check out these 18 stats every project manager and business leader should know about the current state of project management.

Organizations are losing $109 million for every $1 billion invested in projects and

programs

1 in 6 IT projects has an average cost overrun of

200% and a schedule overrun

of 70%.

78% of business and IT executives

say project requirements are

“usually” or “always” out of

sync with the business.

On average, 3 out of 5 projects are not aligned with business strategy.

Large projects are 2x as likely to be late, over budget, and missing critical features than small projects. Large projects are 10x more likely to

fail outright.

80% of “high-performing” projects are led by a

certified project manager.

The average ROI of project managers (including salary & training costs) is

61% of project managers say their organization currently offers PM training for

staff.

89% of high-performing organizations value project management

81% actively engage project sponsors 87% use PM software

of firms say they get a 25% or greater ROI from implementing Project Portfolio Management

(PPM) processes.

of large companies

(>$1B)

of mid-size companies

($100M-$1B)

of small companies (<$100M)

have a Project Management Office (PMO) in place.

PMP-certified project managers in the US earned an average of 16% more than their non-credentialed

peers in 2011.

Between 2010 and 2020, 15.7 million new project management roles will be created globally, and the PM industry is expected to grow by $6.61 trillion.

See the Complete Collection of 2015 Project Management Stats

Want more up-to-date facts and figures on project management?

Check out our stockpile of statistics from recent studies, surveys, and reports.

Take me to the stats!