Spark the Future

PMI's 2019 Pulse of the Profession® Looks at PMTQ

 
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Project performance is mired in mediocrity at many organizations. PMI’s 2019 Pulse of the Profession® shows organizations wasted almost 12 percent of their investment in project spend last year due to poor performance—a number that’s barely budged over the past five years.

To jump-start improvement, project leaders must help their organizations prepare for a fundamental shift in how work gets done. Few jobs of the future will revolve around a bulleted list of static responsibilities. More and more, people in all roles will be hired to manage a portfolio of projects, and increasingly, those projects will be tied to technology.

For anyone charged with making strategy reality in a world constantly being remodeled by tech, there’s a new must-have, make-or-break skill set: PMTQ.

What’s PMTQ?

Project management technology quotient is a person’s ability to create a project management culture that can manage, integrate and adapt to new technology without missing a beat.

What Does It Take?

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ALWAYS-ON CURIOSITY

Embracing new delivery approaches, ideas and technologies without tripping over the latest digital trends.

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ALL-INCLUSIVE LEADERSHIP

Tailoring approaches to maximize the digital knowledge and skills of teams—which might now include robots.

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FUTUREPROOF TALENT POOL

Recruiting and retaining project professionals with the disposition and ability to keep up with digital trends and to adapt their skills accordingly.

Borrow From the Best

Organizations that are PMTQ innovators put a high priority on digital skills and knowledge but couple it with a strong project management culture. Project professionals at these organizations can talk both blockchain and work breakdown structure. PMTQ laggards? Not so much.

For the full report, go to PMI.org/Pulse.

PROCESSES AND CAPABILITIES

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PMTQ innovators demonstrate a strong ability to shift their way of getting work done. Pulse data show they were also far more likely to report “always“ or “often“ using a variety of project management approaches:

APPROACHES USED

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PROJECT PERFORMANCE METRICS

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THE ROI OF PMTQ

Portion of investment wasted due to poor project performance:

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Source: The Future of Work: Leading the Way With PMTQ, Pulse of the Profession®, PMI, 2019

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