Project Management Institute

Small Budget, Big Ambition

When Funds are Tighter, Teams Must Prioritize Tasks and Objectives

Is a global recession looming? Economists and C-suite executives can't come to a consensus. It's unanimous, though, that optimism has waned and executives are tempering their expectations: CEO confidence in one- and three-year revenue growth at their organizations has either plateaued or fallen in all 90 regions in which PwC conducted its 2019 annual CEO survey. For companies that want to remain competitive, that flatlined confidence need not send portfolios grinding to a halt—but it may well impact project managers and the budgets behind the initiatives they manage.
registered user content locked

Log in or join PMI to gain access

or Register

Advertisement

Advertisement

Related Content

  • PMI Pulse of the Profession 2020

    Pulse of the Profession 2020

    Are you future ready? Our Pulse of the Profession® research shows that organizations that prioritize maturing their delivery capabilities enjoy more successful outcomes.

  • PM Network

    Power Shift member content locked

    By Smits, Karen The project management office (PMO) is responsible for creating the project culture in an organization. So when organizations launch a PMO, or shift or expand the focus of an existing PMO, they are…

  • PM Network

    Serving Up Innovation member content locked

    By Fister Gale, Sarah McDonald's has a craving for change. Decades after it turned the restaurant industry upside down by scaling fast-food convenience, the organization is on a mission to transform the customer…

  • PM Network

    Beyond Mining member content locked

    By Ali, Ambreen In the cradle of copper, Chile is digging deeper and wider to reimagine its economy. Government leaders don't want mining to define the country's opportunities—and with good reason. A global…

  • PM Network

    More than Ideas member content locked

    By Galanek, Susanne A department at my organization began a program in 2018 to encourage employees to submit ideas for generating new business, improving the customer experience or motivating our workforce. The…

Advertisement

Publishing or acceptance of an advertisement is neither a guarantee nor endorsement of the advertiser's product or service. View advertising policy.