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Projects are successful because...
1. Projects are successful
because…
A QUICK LOOK AT THE FINDINGS OF THE 2018 PMI “PULSE OF THE
PROFESSION” SURVEY
1/11/2019 PROJECTS ARE SUCCESSFUL BECAUSE… 1
2. The survey
1/11/2019 PROJECTS ARE SUCCESSFUL BECAUSE… 2
5.402 professionals surveyed from organizations of all sizes:
24%
14%
8%
9%
17%
28%
less than 50 Millions USD
50 - 249 Millions USD
250 - 499 Millions USD
500 - 999 Millions USD
1.000 - 4999 Millions USD
5.000 or more Millions USD
% of professionals by organization size
total annual revenue
of participating organizations
3. How successful are projects?
1/11/2019 PROJECTS ARE SUCCESSFUL BECAUSE… 3
0%
10%
20%
30%
40%
50%
60%
70%
project performance matrix 2018
met original goals / business intent
completed within original budget
completed on time
experienced scope creep
failed projects', budget lost
deemed failures
• 1/3 of all projects do not meet their original goals/ business intent
• 1/3 of all projects are considered failed; their budgets are lost
4. The three main
drivers of
success
3. Value
Delivery
Capabilities
1/11/2019 PROJECTS ARE SUCCESSFUL BECAUSE… 4
78%
27%
56%
37%
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
projects that meet original goals / business
intent
failed projects, budgets lost
competencies in delivering projects lead to
significantly greater project performance
high maturity low maturity
• High value delivery capabilities = more often the projects deliver the
intended outcome
• High value delivery capabilities = less often the project budgets are lost
5. The three main
drivers of
success
2. Avoiding
scope creep or
uncontrolled
changes to a
project’s
scope.
1/11/2019 PROJECTS ARE SUCCESSFUL BECAUSE… 5
Scope creep
The uncontrolled expansion of product or project scope
without adjustments to time, cost, and resources.
33%
69%
0%
20%
40%
60%
80%
scope creep in projects
champion organizations underperforming organizations
Scope creep leads to decreased satisfaction and delays
project benefits.
6. The three main
drivers of
success
1. Investing
in actively
engaged
executive
sponsors.
1/11/2019 PROJECTS ARE SUCCESSFUL BECAUSE… 6
Organizations say: “Inadequate sponsor support is a
primary cause of project failure.”
17%
41%
0%
10%
20%
30%
40%
50%
champion organizations underperforming organizations
Underperforming organizations say 2.4 times more often
than champion organizations that inadequate sponsor
support is a primary cause for the failure of their
projects.
7. Projects are successful because…
1/11/2019 PROJECTS ARE SUCCESSFUL BECAUSE… 7
• organizations have mature value delivery capabilities.
• organizations know how to control the scope.
• organizations invest in executive sponsors.
Know how to manage projects.
Defend the scope.
Have sponsors who know their role.
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1/11/2019 PROJECTS ARE SUCCESSFUL BECAUSE… 8
Get the 2018 PMI “Pulse of the profession” survey