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You think project management is an easy task to do? Well, not really! Project management is no cakewalk. From crushing deadlines to strangling budgets, there is no arguing with the fact that project management is downright brutal. We’ve assembled a few fascinating and shocking statistics regarding project management. We think there are some valuable lessons we can learn from these blunders

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Surprising

Project

Management

Statistics



OR HOW MUCH IT

COSTS

THE COMPANY??


OR WHAT THE ROLE OF THE

PROJECT

MANAGER

IN THIS IS??


Well, we have

found these

statistics

which are surely

going to surprise

you!


1 OUT OF 6 PROJECTS

GETS STRETCHED OUT

OF THE

TIME-TABLE BY......



OVER 34%

(1 IN 3 ) PROJECTS HAVE

NO BASELINE


75% of project

managers

don't believe in

their project


75% of project

managers

don't believe in

their project

33% of projects

fail due to lack

of senior

management


75% of project

managers

don't believe in

their project

33% of projects

fail due to lack

of senior

management

44% of project

managers use

no software


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The US economy loses

50-150

BILLION

DOLLARS


due to

FAILED

IT Projects


For every

$1 billion

invested in the

United States,



lacking

PROJECT

PERFORMANCE


Only

39% of projects

are implemented on

time without

exceeding the budget


57% of projects fail

due to

''breakdown in

communications''


39% of projects fail

due to lack of

planning, resources,

and activities.


It is found

that the use of

PM software

increases

performance

and

satisfaction.


Two-thirds of companies

communicate with clients

using

project management

software


Thousands of

Managers use

Project

Management

Software to plan,

track, and manage

their projects!


Most used

features in a

software

are file sharing,

time tracking

and gantt

charts


Sources

http://www.it­cortex.com/Stat_Failure_Cause.htm

http://www.pmi.org/­/media/pmi/documents/public/pdf/learning/thought­

leadership/pulse/pulse­of­the­profession­2016.pdf

http://www.pmsolutions.com/reports/State_of_the_PMO_2014_Research_

Report_FINAL.pdf

https://projectjournal.co.uk/2016/03/16/15­shocking­project­management­

statistics/

http://www.capterra.com/project­management­software/user­research/

http://www.pwc.com/en_US/us/public­sector/assets/pwc­global­project­

management­report­2012.pdf

http://www.wellingtone.co.uk/wp­content/uploads/2016/01/The­State­of­

Project­Management­Survey­2016.pdf


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