Capturing the Value of Project Management

Organizations need to return to the basis of project, program and portfolio management. By focusing on developing a culture of project management, cultivating talent and defining processes, organizations will capture value and gain competitive advantage.

The report shows that high performers focus on:

• Greater knowledge transfer effectiveness
• More rigorous risk management
• More frequent use of agile/incremental/iterative practices in project management
• Higher benefits realization maturity

This Pulse research found that organizations wasted US$109 million for every US$1 billion invested in projects and programs. But organizations that embrace, value and utilize project management report more success, less waste and a greater competitive advantage.