Capturing the Value of Project Management

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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.

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Part of Pulse of the Profession®, Capturing the Value of Project Management series